Currently, the global fishing industry generates tens of billions of dollars in revenues annually and employs roughly 38 million people directly and another 162 million people indirectly (Millennium Ecosystem Assessment). Ensuring the longevity of global fisheries and the livelihoods of these individuals will require improved management practices as well as reduced demand. Finding successful environmental and economic trade-offs is the mission of Island Bounty.   

Americans spent roughly $75 billion on fish in 2007. Shrimp, in particular, continued to be the top consumed seafood in the U.S. according to the NOAA.

Seafood Industry News & Blog Stories

EU Rules Lead to Blanket Ban in Malaysian Seafood
http://www.thefishsite.com/fishnews/7551/eu-rules-lead-to-blanket-ban-in-malaysian-seafood

Shrimp Market Report, July 2008
http://www.thefishsite.com/articles/471/us-shrimp-market-report-july-2008

EU Seafood Industry Report
http://www.glitnirbank.com/servlet/file/20080418_Seafood_EU.pdf?ITEM_ENT_ID=6595&COLLSPEC_ENT_ID=156

Argentine fisheries landings down 7% in first half of 2008 http://www.mercopress.com/vernoticia.do?id=14034&formato=HTML

US Aquaculture Bubble Set to Rise and Expand
A perfect storm of factors is bringing about a rising trend in aquaculture fish sales which could see farmed fish sales overtaking those of wild fish in the near future. http://www.thefishsite.com/fishnews/7528/us-aquaculture-bubble-set-to-rise-and-expand

Urban Aquaculture Shows Great Promise
http://conservationreport.com/2008/07/23/urban-aquaculture-shows-great-promise/

Rising demand sharpens investors’ interest in marine hatcheries
http://www.pia.gov.ph/?m=12&r=&y=&mo=&fi=p080726.htm&no=10

Tilapia: Food Fish of the 21st Century
http://www.growfish.com.au/content.asp?ContentId=11892