support-local-fish-farmers-sustainably-addressing-ncreasing-costs-and-demand-challenges

Support Local Fish Farmers: Navigating Challenges with Technology

Singaporean fish farmers are facing a conundrum – rising costs and dwindling demand. The CEO of The Fish Farmer, Malcolm Ong, revealed that overheads have surged by 25 percent due to escalating expenses in transport, logistics, electricity, and manpower. Despite this, the company has managed to maintain prices for customers by leveraging technology to boost productivity and upskill workers.

Challenges Amidst Stagnation

Dirk Eichelberger, CEO of Singapore Aquaculture Technologies, echoed the sentiment, highlighting a tough year for the industry marked by stagnation in local farming, sales, and yields. The allure of cheaper imports from Malaysia and Indonesia has driven restaurants away from local produce, exacerbating the situation. The disparity in prices between imports and local supply – about 30 percent cheaper – can be attributed to land banks, economies of scale, and established supply chains.

Embracing Technology for Sustainability

In the face of these challenges, Mr. Eichelberger has pivoted towards data analytics and technology to enhance water quality for his fish and optimize their nutrition. Facility upgrades involving sustainable battery types and software have enabled more efficient fish rearing with minimal environmental impact.

Appeal for Local Support

While the Singapore Aquaculture Plan aims to bolster local fish farmers, industry players stress the importance of patronage from customers. Both CEOs emphasized the benefits of local produce – freshness, reduced travel distance, and stringent food safety regulations. Dr. Kevin Cheong, from the School of Singapore Management University, underscored the significance of buying local to enhance food security, a critical concern magnified during the COVID-19 pandemic.

Amidst these challenges, Mr. Ong and Mr. Eichelberger are also hopeful about attracting younger workers to the sector. The surge in interest from youths seeking internships and jobs signifies a positive trend towards understanding responsible food sourcing. Mr. Ong’s aspiration for more land allocation to rear baby fish in his hatchery underscores the need for additional sea space to boost local fish production.

As Singapore grapples with securing its food sources, supporting local fish farmers emerges as a crucial step towards achieving sustainability and self-sufficiency in the aquaculture industry. The choice to back local produce not only guarantees quality and freshness but also contributes to the nation’s food security. So, the next time you dine out or shop for seafood, consider supporting your local fish farmers – it’s a decision that goes a long way in shaping Singapore’s food landscape for the better.