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TOPBALAT

Setting up high-value Sea cucumber chain in Europe through a new fishing trawl with no environmental impact and advanced processing equipment

Total Cost €

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EC-Contrib. €

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Partnership

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 TOPBALAT project word cloud

Explore the words cloud of the TOPBALAT project. It provides you a very rough idea of what is the project "TOPBALAT" about.

germany    dried    banned    exported    ecirc    92    denmark    environment    chain    globally    competitive    delicacy    trawls    period    almost    scotland    integrating    trawl    sharp    dehydrated    30    35    fresh    perishable    gt    premium    aurora    seabed    meet    countries    industry    topbalat    profitability    de    ireland    iceland    manipulating    revenues    seafood    90    efficacy    overexploitation    sky    se    norway    lt       irreversible    ones    cucumber    people    medical    cheaper    ratio    300    staff    2020    catch    consists    respectful    70    power    accurate    imply    elevated    pay    processed    will    last    quality    marine    asian    catches    producing    damage    individuals    fishing    kg    payback    machinery    frozen    sme    percentage    cucumbers    man    shipping    fisheries    sought    exists    exploited    exportation    demand    15    fishery    half    dry    market    led    cuisine    cumulative    netherlands    consumers    sea    asia    dredges    forecasts    standards    cultural    country    che    tobalat    profitable    definitively    2022    mer    profit    66    hindered    500    weigh    opportunity   

Project "TOPBALAT" data sheet

The following table provides information about the project.

Coordinator
AURORA SEAFOOD EHF 

Organization address
address: HLIDARBYGGD 29
city: GARDABAER
postcode: 210
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Iceland [IS]
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.2.5. (Cross-cutting marine and maritime research)
2. H2020-EU.3.2.3. (Unlocking the potential of aquatic living resources)
3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2016-2017
 Funding Scheme SME-1
 Starting year 2017
 Duration (year-month-day) from 2017-01-01   to  2017-03-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    AURORA SEAFOOD EHF IS (GARDABAER) coordinator 50˙000.00

Map

 Project objective

sea cucumbers are considered a delicacy in Asian cuisine, and of cultural and medical importance. They are exploited in >70 countries and exported to SE Asia, where consumers pay from €300 to €1,500/kg for a premium dehydrated product. Sharp rise of Asian demand in the last years has led to overexploitation of 66% of sea cucumber fisheries globally. Current bottom trawls for sea cucumber fishing have low efficacy, high by-catches, and cause irreversible damage to the marine seabed, so they are banned in several European countries.

On the other hand, sea cucumbers are very perishable and need to be processed by hand when dried quality individuals are sought to meet Asian standards. High man power costs in Europe to fully process sea cucumbers have hindered exportation of dried sea cucumbers to Asia from the only producing European country, Iceland. Half-processing frozen sea cucumbers are not only 15% less profitable than dried ones, but also imply elevated shipping costs since frozen individuals weigh only 50-70% less than fresh ones after catch, while percentage is reduced to 5% for dried cucumbers.

A great market opportunity exists for a profitable fishery and processing industry to be developed by means of TOBALAT novel technology in European countries with high sea cucumber potential such as Norway, Ireland, Scotland, Denmark, Netherlands, or Germany.

TOPBALAT consists of (i) A trawl highly-effective (>90%), respectful with the environment (<5% by-catches), and 30% cheaper than current sky-dredges; and (ii) An accurate processing machinery integrating all manipulating steps almost without man-power (<92%) producing top-quality dry sea cucumbers to be exported at competitive cost. Thus, the whole value chain of getting dry Bêche-de-mer is definitively improved.

AURORA SEAFOOD, the applying SME, forecasts €35.7 M cumulative revenues (2020-2022), with €5.5 M profit, and staff increase by 15 people. Payback period is 1 year, and profitability ratio by 2022 will

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The information about "TOPBALAT" are provided by the European Opendata Portal: CORDIS opendata.

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