1. Innovative Technologies & the Future of Aquaculture and Fisheries Don Kent Hubbs-SeaWorld Research Institute 5 th Annual Blue Tech and Blue Economy Summit November 7-8, 2013

2. Southern California’s Changing Fishing Industry After WW II the tuna industry grew By 1975 the industry supported 16 canneries and more than 10,000 jobs By 1994, the industry moved offshore leaving only 500 jobs

3. 2006 Landing Weight and Value by Port

4. Value of Fish Landed in San Diego for 2006 (Values are in $1,000 USD) Total harvest = $7 million Concern 5. Competition with Commercial Fishermen

5. 40 million more metric tonnes of aquatic food will be required by 2030 to maintain the current per capita” -FAO 2006 Increasing Global Demand

6. Global Aquaculture Production USA is 3 rd largest consumer but 90% of seafood is imported 50% of world supply is cultured 80% of cultured supply comes from Asia

7. Branzino (European seabass) grown in Greece and flown 6,900 miles to San Diego - $12.99/lb

8. Southern California is Ideal Close to a large seafood market (15+ million people) Shape of coastline and offshore islands shade the coast form large storm events Significant existing seafood processing capabilities Highly skilled fishing industry with underutilized infrastructure

9. San Diego Commercial Docks

10. Photo by Kent Seatech Photo by The Abalone Farm Hatchery Production

11. Open Ocean Cage Farming

12. Striped Bass White Seabass California Yellowtail California Halibut Species to be Cultured

13. Statistics for a Production Farm 24-40 meter cages Space needs: –.03 km 2 of surface area for cages –.15 km 2 for surface area for buoys –1.7 km 2 of bottom area for mooring (depth = 100 m) Production at 7,000 metric tonnes annually –Sales of $42 million at $6/kg –Pays $4.7 million in annual taxes –Supports 294 Blue seafood jobs Yield: >$20 million in sales & 173 jobs per km 2

14. Thank you! “With Earth’s burgeoning populations to feed, we must turn to the sea with new understanding and new technology. We must learn to farm the sea as we have farmed the land” Capt. Jacques Cousteau “I do not accept a future where the jobs and industries of tomorrow take root beyond our borders…It is time for America to lead again.” President Barack Obama