Industry

East Asian Fisheries Ministry Recovers From Revenue Loss

A Fisheries Ministry in Eastern Asia approached Challenge Advisory in relation to a solution to an Early Mortality Syndrome (EMS) epidemic in shrimp.


Overview:

  • As a result of Challenge Advisory’s guidance, the fisheries ministry has restored revenue and ensured the ministry is not losing money.


 

Challenge:

A Fisheries Ministry in Eastern Asia approached Challenge Advisory in relation to a solution to an Early Mortality Syndrome (EMS) epidemic in shrimp. Too many shrimp were dying before they could be prepared for consumption, and this meant huge losses in revenue for the fisheries ministry, which had an adverse effect on the client’s economy. Challenge was asked to help sourcing a cure for the disease.

 

The Revelation:

Challenge Advisory’s research team decided the first step toward a cure would be to identify the root causes of EMS. They found that the disease was caused by a bacterial agent that infected one of the shrimp, before spreading to the entire group. Additional studies on the disease proved to be fruitful, and the team came to the conclusion that the best method by which to solve the problem would be to implement a microbial management strategy.

Challenge Advisory consulted with a leading science institution specialising in pharmaceuticals, which underwent trials in order to find the best strategy with which to proceed. The institution then presented their findings to assorted corporate and government officials at the United Nations Headquarters. As a result of this, the client sourced a solution that greatly reduced the mortality rate in the client’s shrimp farms.

 

Outcomes:

As a result of Challenge Advisory’s guidance, the fisheries ministry has restored revenue and ensuring the ministry is not losing money. As a result of the issue, the client is better equipped to handle similar issues in the future.

They also now have the benefit of a long-term partnership with the scientific institution recruited to assist with the ministry’s problem, meaning that further projects within the government can now be approached with greater confidence.

If similar results were achieved and the institution received more funding, then a successful working partnership between the East Asian government and the institution can be further cultivated. In the same manner, the scientific institution benefits from increased exposure and can conduct similar research for other ministries using this case study as proof of their capability.

 

 

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