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BlueBRIDGE receives funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No. 675680 www.bluebridge-vres.eu Science and technology can help you to improve performance and profitability! Kostas Seferis, i2S [email protected] [email protected] Yanbu, KSA 27-28 January 2016 Aquaculture Investment Opportunities in Saudi Arabia Forum This work is licensed under the Creative Commons CC-BY 4.0 licence. Attribution: BlueBRIDGE – www.bluebridge-vres.eu

Science and technology can help you to improve performance and profitability

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BlueBRIDGE receives funding from the European Union’s Horizon 2020

research and innovation programme under grant agreement No. 675680 www.bluebridge-vres.eu

Science and technology can help you to

improve performance and profitability!

Kostas Seferis, [email protected]

[email protected]

Yanbu, KSA

27-28 January 2016

Aquaculture Investment Opportunities in Saudi Arabia Forum

This work is licensed under the Creative Commons CC-BY 4.0 licence.

Attribution: BlueBRIDGE – www.bluebridge-vres.eu

Sector context

Aquaculture is one of the biggest food producing sectors

providing over 50% of the world’s fish consumption.

Global production is forecasted to increase from 45 million tons

in 2014 to 85 million by 2030, making the aquaculture industry

the fastest growing animal food production sector in the world.

There are major challenges that have to be addressed:

• maintaining the economic viability of the sector by reducing

costs and increasing production

• guaranteeing high quality food and animal welfare

• addressing environmental concerns.

Needs and challenges

If you are an aquaculture producer one of your main concerns

day to day is:

how can I improve the performance of my company in terms of

cost, feed conversion, growth rate and mortality

and at the same time,

reduce the impact on the environment?

It is not only equipment and

hardware!

Unfortunately, answering this question is not that simple.

You can invest in the latest technology for your cages or on the

most advanced feeding systems but you cannot forget two key

aspects:

• aquaculture comes with its own array of environmental

challenges that have a huge impact on your production

system;

• An aquaculture business can be sustainable only if you are

able to continuously monitor and improve its performance

Mission Statement

BlueBRIDGE will provide innovative data services that will

benefit all the stakeholders of the aquaculture sector. The

project will support

• Companies to maximize the growth rate, reduce costs and

minimize the impact on the environment

• Investors to make efficient identification of strategic

locations of interest and select the most profitable

investments

• Governments and environmental agencies to evaluate the

current situation and define policies

• Researchers to generate new knowledge and evaluate the

practical indicators of aquafarming performance

What is BlueBRIDGE

BlueBRIDGE is a 5.3 Million Euro H2020 project launched last

September (www.bluebrigde-vres.eu) aimed at delivering

services to serve data practitioners of the Blue Growth sector.

It brings together scientists, practitioners and experts from

different disciplines (e.g. fisheries, biology, economics, statistics,

environment, etc), who are individually considered as world

leaders in their respective areas (http://www.bluebridge-

vres.eu/about/who-is-involved)

FAO is one of the main partners

How technology can help?

Let’s get practical!

Performance evaluation and

improvement

BlueBRIDGE will offer analysis and simulation algorithms of the

aquaManager system (www.aqua-manager.com) to the

aquaculture community, through the project infrastructure

Theses services will enable companies to

• Calculate performance in terms of main production KPIs

• Develop accurate feeding and growth models, based on the

realities and the conditions of each company. The result is

accurate feeding, better predictions and plans, identification

of populations that are not performing well

• Benchmark their performance by comparing their results to

“global” models for selected species and regions

Investment Planning

BlueBRIDGE will provide services and an extendible, open,

geospatial analysis and optimization system to support

intelligent identification of locations of interest, as required by

both investors seeking optimization of intended investments

If you are a potential investor you will use these services to find

out

• How fast fish grow in the selected area?

• What will be the final FCR, Mortality %, Cost, etc.

• What are the environmental parameters of the region

• Information on the infrastructure, development planning and

legislation

Research and policy making

BlueBRIDGE will support

• Collaborative production of scientific knowledge required for

monitoring fisheries and habitat degradation for analysing

socio-economic performance in aquaculture .

• Scientists to easily access published data sources and existing

models and use them in their activity aiming at developing

new models or fine tuning existing ones

• Governments to identify areas that are becoming of

environmental importance and design policies and plans.

Aquaculture Atlas and Protected

Area Impact Maps

BlueBRIDGE will use observational data and ontologies to

identify spatial structures related to aquaculture, and provides

the assessment environment to produce an aquaculture

atlas.

It will also support spatial planning projects by providing existing

rich analytical data platforms with additional

EO based information products related to human impacts on

natural systems, with an initial focus on Natura2000 sites

and Marine Protected Areas

The big picture of BlueBRIDGE

Services

2/15/2016 12

A practical example//models

• We want to improve growth and feeding models, based on

actual data.

• Then we want to use these models to optimize the feeding

and reduce the costs

• And finally make predictions based on historical data and

select the most efficient and profitable strategies

A practical example//input - output

InputActual data of selected fish populations

OutputNew or improved SGR, FCR, SFR or mortality tables = better predictions,

better feed planning, better performance evaluation

AvWeight Temp FCR

0,75 15,00 1,210

6,00 18,00 1,135

6,00 14,00 1,402

… … …

11 12 13 14 15 16 17

0,50-4 1,487 1,421 1,356 1,291 1,227 1,168 1,114

4-8 1,576 1,511 1,445 1,38 1,317 1,257 1,203

8-20 1,692 1,627 1,562 1,497 1,433 1,373 1,32

20-50 1,778 1,712 1,647 1,582 1,518 1,459 1,405

50-100 1,829 1,764 1,699 1,633 1,57 1,51 1,456

100-

150 1,96 1,895 1,83 1,765 1,701 1,642 1,588

A practical example//results

Cost Projection

Growth Projection

A practical example//benchmarking

Growth

FCR, Mortality, etc.

What will be the cost to use

these services?This is the best part.

It will be absolutely free, no cost at all! All the services will be

offered to the sector for free!

Thank you for your attention!!!

Let’s keep in touch. Subscribe to the BlueBRIDGE

Newsletter to be informed on our latest news

For any questions or comments contact us at

[email protected]