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FÍF FÉLAG ÍSLENSKRA FISKMJÖLSFRAMLEIÐENDA

The Icelandic Fishmeal AssociationFÍF

FÉLAG ÍSLENSKRA FISKMJÖLSFRAMLEIÐENDAThe Icelandic Fishmeal Association

Iceland ++ Madrid 2011

Johann Peter AndersenThe Icelandic Fish Meal Association

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FÍF april 2011

11 fishmeal factories 2011 Capacity 10.650 tns pr 24 hours

SVN hf, Helguvík

Vinnslustöðin hf

Ísfélag Vestmannaeyja hf

HB Grandi hf, Akranes

SVN hf, Seyðisfj

SVN hf, Neskaupst

HB Grandi hf, Vopnfjörður

Eskja hf, Eskifirði

Loðnuvinnslan hf

Skinney þinganes hf,

Höfn

Ísfélag Vestmannaeyja hf,

Þórshöfn

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FÍF april 2011

138208 159 134

226308

163

246

160103

221

273

549

490

519

385

195

285

0

100

200

300

400

500

600

700

800

900

1.000

2006 2007 2008 2009 2010 2011 est

Disposition of landings ´000 mt

Direct landings Trimmings Human consumption

944

850 838

622 642

866

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FÍF april 2011

219347

171

15146

505

337

258

213

122

100

23

37

111

108

130

145

290

303

342

331

249

184

4618

30

0

100

200

300

400

500

600

700

800

900

1.000

2006 2007 2008 2009 2010 2011 est

Total landings - by species ́ 000 mtMuellers Pearlside Herring Mackerel Blue Witing Capeline

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FÍF april 2011

760872

742603 588

806

90

72

96

19 54

60

0

100

200

300

400

500

600

700

800

900

1.000

2006 2007 2008 2009 2010 2011 est

Total landings - by vessels ́ 000 mtForeign vessels Icelandic vessels

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FÍF April 2011

• Recovery of the Capelin ?:• Management plan in two steps

• first step in this plan is to set a preliminary TAC

• The second step is based on the results of another survey conducted during the fishing season for the same year classes.

• The fishable capelin stock has been at a low level during the last five seasons

• MRI have been able to measure immature capelin of the 2009 and 2010 year classes enough to recommend a preliminary quota

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FÍF April 2011

• Recovery of the Capelin ?:

• ICES workshop was unable to approve the assessment of the Icelandic capelin stock

• Revision of the factor for natural mortality.

• Work is now ongoing and is supposed to be concluded before early June

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FÍF April 2011

• Changes in the Fishery Management System

• government is preparing a proposal for changes

• changes will include changes in the allocation of quotas

• quotas will be allocated to limited pre-determined time

• allocation only include the right to use the quota

• in the future part of the quotas will progressively go into pots

• No changes will be of the methods used to determine fishing quotas.

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FÍF April 2011

• Changes in the Fishery Management System

• Best scientific methods will still be used to determine the size of the fishable stock.

• not expecting these changes to have much affects on the fishmeal industry

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FÍF April 2011

• Green Industry

• The fishmeal industry in Iceland is heading to be green

• 43 % of the energy used by the Icelandic fishmeal factories came from renewable energy in 2011

• One Icelandic fishmeal plant is 100 % driven by renewable energy.

• In 3-4 years about 80% of fishmeal and fish oil will be produced with renewable energy.

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FÍF April 2011

• IFFO RS certification

• 7 factories have been certified and two are pending

• Summer spawning herring, Atlanto spring spawning herring, Blue whiting and Capelin have been certified

• 7 byproducts have been certified

• 85 % of fishmeal and fish oil produced in Iceland will be IFFO RS certified.

Thank you

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