Tuesday, March 31, 2015

March 2015


Well, March 2015 is history

It has been a busy month. 

Stephen and Lee had a very productive trip to Japan and Taiwan.

After several meetings and a close look at cash flows we have decided to start the bid process and begin to build modules 3 and 4 here at Taft with actual construction starting (hopefully) in May.

The objective is to have 4 production modules growing shrimp by fall. With a bit of luck and some help from the weather I think this is an achievable objective.

It will be a watershed moment for the company as once we have 4 modules, stocked, and producing shrimp the Taft operation is totally economically sustainable. And then in 2016 we will start to look at serious expansion beyond 4 modules. Exciting times.

Below is a great picture shot by one of the team of one of our production domes at night reflecting off of the water. Very surreal and almost otherworldly. 


Also, after much discussion and number crunching we are starting the preliminary work to begin research and development on several species of premium, high value, fin fish which we believe we can grow in significant quantities using our technology or at least technology that is derivative of our shrimp technology.

The ability to grow fin fish in a sustainable, bio-secure, environmentally friendly fashion, puts a long time dream of mine in range of becoming a reality. 

According to several studies and institutions despite the growth of aquaculture the past decade still less than 4% of marine fish (which are heavily in demand for food consumption) comes from aquaculture. 

You have heard my rants against net pens and open water ponds for aquaculture. 

You know I am not a big fan of tilapia and barramundi (an Asian sea bass) and sturgeon and catfish as far as candidates for feeding the world. 

Today, in our developmental meeting, we actually selected the first two species we hope to start R&D on in early 2016 and I am very excited about both species. 

I think we can be a game changer for the oceans over the next decade and beyond. 

On a personal note I sold the Lakewood house where Lori fought her last battles against cancer. 

On a more cheerful note Sara, my executive assistant, while I was in Maryland captured a short video of this visitor, a young dolphin,  swimming through my lights in the canal off my deck. 

(I have no idea if video works on this blog site but I am posting it and hopefully it will run for you. It is only a few seconds but it is very cool).



So, a lot of things happened in March. 

We had very lousy weather here in Texas, as did most of the USA, but that looks to finally be over. 

I think April is going to be a very productive month and I am looking forward to a real spring and summer season.

As this March closes I will leave you with the following quote from Lewis Carroll. 

"One of the deep secrets of life is that all that is really worth the doing is what we do for others." (Lewis Carroll)

If he includes animals and the earth amongst "others" then this quote expresses the core of my belief system. 





Sunday, March 22, 2015

The Next Phase


The past two days I have been reading countless articles coming from news and industry sources all around the globe, each article announcing another fishery in crisis. 

Sardine stocks off the coast of California are at historical lows, problems with tuna fisheries in the Pacific, pollution issues in the Gulf affecting shrimp and other crustaceans, everywhere the news is bad to worse.

While I appreciate the effort that goes into reading these articles and then forwarding them on to me, honestly, I have not found one report of a disaster or problem affecting the marine health of this planet to be a surprise.

In point of fact, if it wasn't so sad, and so detrimental to the planet and its biodiversity, I would almost shrug it off. The truth is, this has all been coming for the past 6 decades. 

I am not going to go into another rambling diatribe of the destruction we as a species have done to the world's oceans through wild capture fisheries and traditional open air ponds for aquaculture, as well as the serious damage net pens are causing in the open ocean. 

I would suggest that if you really care about the fate of our planet and want understand how intertwined our lives are with those of the oceans, read the book "The Most Important Fish in The Sea", by H. Bruce Franklin, published in 2007. 

This book is about menhaden, a small, relatively misunderstood fish, that is vital to the health of the world's oceans. It is more than a cautionary tale, it is story that is being repeated around the world affecting multiple species and a tale that we ignore at truly, "our own peril."

I read this book the year it came out and it was one of those "epiphany" moments that was another piece in what was a long chain of events that lead me to try and develop a truly sustainable and environmentally positive system in which to raise marine protein.




On other fronts, Stephen and Lee got back from their two week journey to Japan and Taiwan and they had a very successful trip. 

Work is progressing on our Japanese production project and the design and proposals for bids will be started shortly.

Here at the Texas location we are convening this week to develop the CAPEX budget and get the process started for preparing the construction documents to get bids out to begin phase 2 here at Taft.

Phase 2 will see the addition of two more production modules and a new bio-filter for those units, being built and (hopefully) in operation by September of this year.

The production team is doing another harvest this coming week and  that should be the last of the "test" ponds. 

Hence forth, we will being stocking the ponds in modules 1 and 2 at higher densities and we anticipate the beginning of ongoing regular harvests starting in May. 

I have not spoken at length to Eduardo, since I returned from Maryland, but I am confident we will be in a position to stock our ponds going forward with post larvae from our own brood stock, grown on site at the hatchery here in Texas. 

That is a huge accomplishment for our team and a necessary step to self sufficiency and a vertically integrated production capability.


Tuesday, March 10, 2015

Discombobulation


Every now and then you have a good day in spite of yourself.

Today, we harvested 14,000 pounds of shrimp from a pond containing only 4800 cubic meters of water. That is about 2.2 kilograms of shrimp biomass per cubic meter of water.

That surpasses every harvest record for density in shrimp production, in the world.

And we only stocked it at 45% of what we know we can do. We know we can do 5 kg's per cubic meter of water. 

And these are big shrimp 38 grams and larger.

Funny, after a winter from hell, and only six months from losing Lori, we are achieving and surpassing the results we always thought we would. 

What a day. 

I am still not able to sleep. 

Back in July 2012 I wrote a blog about bad thoughts in the night and problems with sleeping, but who knew it would get even harder. I seldom sleep 4 hours a night these days.

A few things have raced through my brain today.

There are still some things in life worth paying extra for. 

And that can help me sleep.

Amarone wine. 

Look it up, twice the alcoholic content of other red wines. 

The top of the tier in wines from the Valpolicellca region, it is made from grapes that are dried for over a year. 

It is made in the Veneto region of north eastern Italy and arguably the region's and in my mind, the country's most prestigious wine. 

Cohiba cigars. 

I am not a smoker. Never even tried cigarettes, but now and then (especially when I am in a very hedonistic mood), I do turn to a good Cuban cigar. 

Just had two Cohiba's in TCI. 




I traveled to Cuba with a close friend in 2002.

In Cuba I tried about 15 different bands of Cuban cigars. 

Cohiba's are simply better. 

Not hype but just like a Porsche is better than a Corvette. 

I think  Cuban cigars are the best in the world. 

And Cohiba's are, in my opinion, the best of the best. 

I prefer Robusto's or Sligo IV's but they are all superior in my view to anything else out there and worth the cost.

Blanton's bourbon. 

Over priced and hard to find, it is simply the best bourbon in the world.

I will drink Woodford's or even Bookers, but Blanton's is worth the mark up. 

Horses. 

There is something about horses, all horses, that calms me down. 

When I am lucky enough these days to spend a few hours in a barn with horses, I always sleep well that night. 

You all know I have two horses. 

Well, Lori and I had two horses. Annie and Charm. 

I have had Charm since she was 6 months old. She turns 30 this year.

Looks good doesn't she?




Horses smell good, and they are comforting. 

The Jefferson Bible. 

Years ago, Thomas Jefferson decided to examine Christianity and his feelings about a deity. 

The result was the Jefferson Bible. 

Do yourself a favor, read it. 

It will inspire you at worse. 

At best, it will comfort you.

It is the perfect example of why we should never let "religion get in the way of God."

Lewis Carroll wrote one time, "I find I always give myself good advice, but I notice I often fail to follow it." 

Now that is true and funny and sad. 















Friday, March 6, 2015

SoapBox Time




Fish farms may move from Changi after mass deaths

Some eyeing sites with stronger tides, while others plan to install protection
PUBLISHED ON MAR 4, 2015 8:53 AM
0 1 0 0PRINT<http://www.straitstimes.com/st/print/3527289>EMAIL<javascript:void(0);>

[cid:image001.jpg@01D0565E.62160830]<http://www.straitstimes.com/sites/straitstimes.com/files/20150304/ST_20150304_CKFISH04T226_1113567e.jpg>
A plankton bloom at the weekend killed 120 tonnes of fish at Marine Life Aquaculture (left). -- ST PHOTO: MARK CHEONG

BY CAROLYN KHEW

After a plankton bloom at the weekend wiped out almost all their stocks of fish, some farmers in Changi are looking at moving to sites with stronger tide conditions.

Others told The Straits Times they planned to invest in more costly closed containment systems that would be protected from such blooms, which can suffocate marine life. The systems cost a few hundred to tens of thousands of dollars.

The weekend incident was a blow to farms still trying to recover from a similarly devastating bloom a year ago. One of them, Ah Hua Kelong, went online to appeal for donations to help it meet its daily running costs.

Mr Frank Tan, chief operating officer of Marine Life Aquaculture, which produces about 200 tonnes of seabass and threadfin annually, said he had planned to move to two sites - one on Pulau Tekong and the other on the Southern Islands - following last year's incident, which wiped out 20 tonnes of his fish.

Last Saturday's bloom killed 120 tonnes of his fish.

"We spent the past year rebuilding our business and were planning to move only in about a few years' time. We didn't expect another plankton bloom so soon," said Mr Tan, 40. He said he had spent almost a million dollars rebuilding his business.

Yesterday, he was still busy directing staff to bag and remove the dead fish.

Following the authorities' warnings, he had managed to save a few hundred adult fish by moving them to an offshore site located near his Changi farm.

Mr Tan said he will be ready to move in one to two months. He estimates the tides at Pulau Tekong to have a water flow rate three times stronger than those at Changi, so stronger support structures need to be built for the farm.

Fin Fisher owner Timothy Hromatka, 42, is not discounting a move to Pulau Tekong, but estimates he would need $500,000 to do so. "Tekong is farther away (from the mainland), and this means higher operational costs."

The smell of rotting fish was strong around the fish farms, located near the Lorong Halus jetty, yesterday as workers continued to dispose of the dead fish.

As of October last year, home-grown farms contributed about 7 per cent to the industry, producing fish like sea bass and grouper as well as lobsters.

Plankton blooms are caused by factors such as warmer weather and a neap tide, when the high tide is at its lowest.

Some farmers such as Mr Malcolm Ong, chief executive of The Fish Farmer, who is in his 50s, are looking at farming under controlled conditions to protect their stocks from such unpredictable blooms.

But another farmer, Mr Simon Oh, in his 60s, said the systems can be challenging to install. He lost all 35 tonnes of his pomfret last week. "I have no funds to restart my business, much less invest in such equipment," he said.


A good friend sent me the above article two days ago. 

News like this used to upset me.

Today, these kinds of "news pieces" no longer penetrate my psyche.


Catastrophic "events" with fish pens and net pens have been happening in Chile, in Canada, and in the Mediterranean and more, for years.

It is probably happening elsewhere as I write this, it has just not "come to light". 


The press and the "greenies" are just catching up with this news and the "industry" has been able to contain these catastrophic events and shield them from public view until recently.

I am not just being my normal cynical self, but I am tired of trying to enlighten people about this crisis, people that should "get it" but simply do not." 

Over 20 years ago I began talking to corporate leaders, commercial fishery types, and government honchos, about the "Gathering Storm" we are facing given the plight of the world's oceans. 

Open water (in the actual ocean) fish pens, net pens, and other fish enclosures are even deadlier to the ocean than open aquaculture pond systems on land, and that is saying something. 

I believe over the next two decades, the de-nitrification of the ocean floor is going create millions of square miles of toxic "dead zones" globally that will make the problems in the Gulf of Mexico look like "practice"  for the real deal. 

When you combine the ongoing environmental degradation from open air ponds and net pens with the overfishing of wild capture fisheries and the destruction to the benthic layer of the ocean from strip mining the ocean's floor and of course, ongoing damage to the oceans from land based pollution, dumping of waste, etc., and so forth, the oceans are not facing a crisis, they are in one.....

This was the single motivating factor that caused me to start developing the GBT system over 15 years ago. 

And when food shortages start to occur exponentially in the next 5 years and and seafood prices continue to rise, and access to healthy and quality marine protein simply is no longer possible, people will start to scream and governments will start to take notice, and it will be too late.  

And the irony will be this, we as a species, caused every bit of this crisis, all by ourselves. 

GBT is going to try and do more.  

We are aggressively developing a research protocol to begin looking at several species of highly nutritious fin fish that we believe we can grow with our current technology, and it will be our objective to be in commercial production in about 36 months. 

Over the past 15 years as we have worked to develop our technology for shrimp production we have faced and dealt with naysayers, derogatory critiques from industry pundits, disreputable manufacturers and suppliers, greed driven "partners", uninterested and unhelpful government leaders, and worse, and yet we have persevered and the system is working and in point of fact, we are already making  improvements as we speak, that will make it more efficient and more productive. 

I no longer even try to "sell" the GBT system.

With rare exceptions most members of our species are either so damn "profit driven" or "too damn stupid" or simply "indifferent" to see the obvious. 

And the pace at which governments and businesses proceed is glacial. 

I have finally learned a lesson that has eluded me all my life, "I can only deal with things I can control", I simply can no longer get upset over things beyond my ability to control.

So, we at GBT, will continue to work as hard and as intelligently as possible to expand our shrimp production side of the company while moving forward as fast as prudently possible to start raising high quality fin fish in our system. 

Meanwhile I believe there will be a continuing cascade of these "environmental catastrophes" that will spread like wild fire in the coming decade and there will (be to use the biblical expression) more "wailing and gnashing of teeth" as the global production of marine protein collapses. 

Given my cynical sense of humor I can see an upside, we may not have to worry about global warming? 

If we will starve to death (or kill through food borne diseases") half the planet's human population by 2040 and then the greenhouses gases emitted by human activities causing global warning will be cut in half by sheer population reduction and no legislation or compliance will be needed. (You have to love "irony").

In my opinion, the human species is truly the most paradoxical species that ever existed.