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The Annual Report provides a detailed Management Commentary and financial review of the activities undertaken by Seafish during 2013/2014 and information on future developments.

A report on our review focused on food security. We consulted industry stakeholders to explore what food security in seafood means, what the important longer-term developments are likely to be and what action could be taken in response.

The Seafish fleet economic performance dataset contains financial, economic and operation performance indicators for the period 2005-14. Tables are supplemented by graphs and economic analysis provided by the Seafish economics team.

With changes in waste legislation, shellfish waste management has become increasingly difficult and expensive. This has significantly affected the shellfish processing sector, particularly the crustacea sector as there is a lack of cost-effective outlets for their waste. Disposal costs of more than £60 per tonne are common, which is not economically viable for many businesses. To establish whether it is possible for UK processors to generate an income or reduce the costs of crustacea waste disposal, Seafish initiated a project to look at the range of options available for crustacea waste management and identify which have potential for the UK processing sector. The project looked at all the crustacea species processed in the UK and the range of products or extracts that can be produced. The project identified two main options for crustacea waste management; use or disposal as ‘waste’ off-site or making it available for use in other products. Each option has its own issues; legalities, technical feasibility, outlets for the products etc. On the basis of the information collected, it will continue to be difficult for the crustacea processing industry to cost-effectively meet the demands of waste disposal legislation for the foreseeable future. Many different routes have and are being explored, but no breakthrough technology or solution has emerged. There are some opportunities to generate a financial return from crustacea waste, but investments in capital and the requirements for effective management remain a significant hurdle to achieving a return on investment. There is no single, simple, cost-effective solution for crustacea waste management. This report summarises the main finding of the project. Further detailed information is available on the Seafish B2B website (Gaining Value from Crustacea Waste Project). This includes an Excel workbook which will be periodically updated with new information as it becomes available. The spreadsheet can be accessed at http://www.seafish.org/b2b/info.asp?p=102

Final notes of the Discard Action Group meeting held at Fishmongers' Hall, London on 2 July 2014.

The Annual Report provides a detailed Management Commentary and financial review of the activities undertaken by Seafish during 2012/2013 and information on future developments.

Since 2004 the price of diesel fuel oil has increased significantly, causing many fishing vessels to become unprofitable. At the same time biofuels has increased in prominence as a long-term replacement for non renewable fossil fuels. This report details a research and development project to investigate the potential of biofuels for the fishing industry, which took place between October 05 and Jan 08. In the project two types of fuel are studied, biodiesel and pure plant oil. Over the course of the study both fuels were tested on land and at sea and proved to be technically successful. The main driver for uptake of the alternative technology in the fishing industry is economic and our study found that in most cases fossil fuels will remain more cost effective for fishing business in the short to medium term. That said there may be some opportunities in more remote communities where used vegetable oil is available and the cost of transporting diesel oil into the area push the price above that of locally produced biofuels. In terms of environmental credentials biofuels are generally sustainable but there are a number of issues which perspective purchasers need to consider which may overall green credentials of their biofuel.

Chilled seafood in retail 2017: The chilled seafood sector continues to take the largest share of the multiple retail seafood market with a wide range of segments and species. It is the only seafood sector in growth since 2007. Opportunities to grow the category exist around product formats, flavours, mission and channel.

Over the past nine years, total seafood - the sum of total chilled, frozen and ambient seafood sectors - has been in price driven growth, with value up 18.6% and volume down 18.9%. In March 2017, total seafood became the highest value protein category, pushing total red meat into second place.