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THURSDAY 18TH ThursdAy 18 June JUNE AT THE hoTel, AT The BAllsBrIdge duBlIn 4. BALLSBRIDGE HOTEL, DUBLIN 4 - SEE PAGE 10 th
MARItIMe InDuStRY AWA R D S 2015
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2015 patrols to target hideous practice of crab de-clawing - pg 8
June/July 2015 Vol 11 Issue 3
ONLINE EDITION
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Seafood industry urged to embrace ambition and innovation to achieve global status by 2025 For the first time ever all the different stakeholders in Ireland’s Maritime future will gather for the inaugural Maritime Industry Awards. More than 65 companies, organisations and bodies present will celebrate excellence in Maritime endeavours and witness the presentation of 15 stunning trophies to Ireland’s maritime leaders. The very best in Maritime will be at the Ballsbridge Hotel, Dublin 4 on June 18th for the most important night in the 2015 maritime year and we invite you to join in too.
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info@maritimeawards.ie or 01 407 0595
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kevin@eventstrategies.ie or 01 407 0594
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reland’s seafood industry could be generatiing €2 billion a year in total revenues and supporting up to 11,000 jobs by 2025 – but only if it develops critical mass and scale; implements innovation and suceeds in attracting new talent, a conference of seafood leaders and investors has heard.
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Addressing the BIMorganised Leadership and Scale conferecne, Eddie Power of Green Isle Foods said that such optimistic predictions were ‘realistic and achievable’ and all that was necessary was ambition and the will to do it. “Ireland’s green status and food island image, and above all its geographic location in the most productive fishing grounds in the EU, are clear indicators of just how much potential there is to turn us into a golobal seafood producer. We have www.eventstrategies.ie, info@eventstrategies.ie 01 407 0594.
the natural opportunities to process 500,000 tonnes within a decade”, he declared.
Consolidation
But he cautioned that Ireland’s seafood industry would only reach its full potential if there was further significant consolidation and co-operation. “Irish seafood companies will have to develop critical mass and scale if they are to be competitive in the global market place. And the industry will require an
export-oriented mindset and a commitment to creating added-value, as well as a new capacity to invest in the technology and innovation to provide sufficient scale to exploit by-product.” Power’s initial impression of Ireland’s seafood industry was of fragmentation, comprising about 170 mostly small companies with a turnover of roughly €1 million a year. “In many cases these operate in an environment where State supports are widely dispersed and the
companies themselves are orientated mainly towards the home market only. There also seems to be low sustained profitablility in most sectors, and critically, there seems to be a limited ambition overall for further developent,” he said. A consequence of such inadequacies he believes has made the industry uncompetitive on a European scale, and not exploiting catch in Irish waters. »» page 1
HRH The Prince of Wales met An Taoiseach Enda Kenny TD and Marine Institute CEO Dr. Peter Heffernan where he talked about Ireland’s seabed mapping and international collaboration on Ocean research. Photo: Andrews Downes XPOSURE