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Commercializing Ocean Resources: Aquaculture & Biomedicines
Don KentHubbs-SeaWorld Research Institute
Presented at the
Maritime Business and Technology SummitSan Diego, California
November 16, 2010
40 million more tonnes of aquatic food will be required by 2030 to maintain the current per capita”
FAO 2006
World Fisheries and Population Trends
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1970
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2015
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2025
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2030
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Mill
ion
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Catch for fishmeal Catch for peopleAquaculture Population
At a landed price of $4/kg this is $6 billion supporting 60,000 seafood industry jobs for a benefit of $24 billion to the US economy.
Courtesy: Jingjie Cho, NOAA Aquaculture
Increasing Global & Domestic Demand
NOAA Strategic Goal: 1.5 million more tonnes by 2025
Over 83% of USA’s seafood
is imported
Site Requirements
• Need – 100 ft < and > 350 ft deep– Clean water with consistent
current
• SCB offers an ideal climate– predictable temperature– Infrequent extremes
• Avoid conflicts– Outside busy coastal zone– Sandy bottom
• Close to seafood industry market and distribution centers
Spiny Lobster $2,881
Thornyhead $500
Swordfish $1,477 All Others $1,060
Sea Urchin $503
Spot Prawn $648
Value of Fish Landed in San Diego for 2006(Values are in $1,000 USD)
Total harvest = $7 million
San Diego Is No Longer the Tuna Center
-
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
Eureka
Fort Brag
g
Bodega Bay
San Francis
co
Monterey
Morro Bay
Santa Barabara
Los Angele
s
San Dieg
o
$-
$5,000,000
$10,000,000
$15,000,000
$20,000,000
$25,000,000
$30,000,000
$35,000,000
$40,000,000
Landings (MT) Value (USD)
Source: http://www.dfg.ca.gov/marine/landings06/table15.pdf
S. Calif. Landings
2006 Landing Weight and Value by Port
Source: CDFG Fish Bull 109S. Calif. Fishing Areas: 194 x 100 sq. mi. = 19,400 sq mi
Commercial Fishing:100K mt worth $59 MM/19K sq mi =
$3,041/sq. mi.
Offshore farms:100K mt/yr in 40 farms in 20 sq. mi. worth $400 MM at $4/kg =
$20 million/sq. mi.
Efficient Use of the Offshore Environment
The Sonoran Marketing Plan
•Hermosillo to:• Los Angeles: 500 miles• Chicago: 1,550 miles• New York: 2,200 miles
Estimated 50+K tons of Hamachi Yellowtail is imported to USA every year: • @ $12/Kg = $600 million