As well as being an independent krill oil contractor and supplier, Tharos also consults on and carries out leading research projects for the nutraceutical and pharmaceutical markets. When it comes to krill, its depth of knowledge and experience is unparalleled.
In 2013, jointly with Swiss pharma company Lonza, Tharos successfully concluded an at-sea research project for a new solvent-free krill oil extraction process that brings clients cost-competitive and high-quality krill oil for food and pharma applications.
As independent outsourced contractors, Tharos develops, manages and implements marine and fishing projects, obtaining products for the nutrition and health of humans and animals. The company analyses markets, and carries out investment and business planning for products with proven sales; it gives conferences around the world, and its reports are used widely for research and commercial purposes.
Tharos is involved in sales, works on board fishing trawlers, and develops products in house and in association with research centres.
Tharos's vast experience in the industry has taught the company many things when dealing with clients:
One of Tharos's major accomplishments was the Silver Award Medal earned at the 2002 Boston Seafood Show for frozen krill meats for children, mothers and pregnant women. Tharos puts the best Western technology to use in order to adapt Eastern European krill-meat processes.
In the late '80s and early '90s, Tharos was the first Western company able to compete with the well-positioned Japanese krill operations.
In the early '90s, the company began developing krill oil processing technologies. These have been constantly evolving and are now used in Tharos's krill oil extraction process. Around the same period, Tharos was already operating five large krill trawlers specifically for the purposes of catching krill for this process.
As outsourced independent contractors, Tharos creates value for customers by providing experienced teams for each high seas fishing project, with services available for Japanese, Russian, Ukrainian, Chilean, Norwegian, Korean, Polish and US fishing companies.
Tharos does not just write documents in an office: it works efficiently to accomplish customers' goals and has most of the end product pre-sold prior to the start of the operation.
Tharos's technical and marketing reports are used as a benchmark tool for government policies. This goes back to the mid-'90s, when the EU was analysing the fluoride content of marine-based 'red' food. The company's research on fluoride content in krill species helped the EU Commission reach the conclusion to accept krill products in the EU's food market.
A report Tharos produced in June 2013 concluded that China will surpass the US and EU markets with regards to nutraceutical consumption. The worldwide growth of the market for oils of marine origin will put significant pressure on fishing resources.
World markets will be under stress not only due to long-lasting Chinese interest in krill and other fish oils but also in terms of how Western fishing corporations address the Chinese Government support for the country's fishing companies; we are currently in the 12th five-year segment of such support - 60 years of subsidised fishing operations.
Tharos sees the future of krill fishing as promising. It is well regulated by CCAMLR, which practises an ecosystem-based management approach that does not restrict krill harvesting so long as it is carried out in a sustainable manner and takes into account the effects of fishing on other parts of the ecosystem.
However, going forward, CCAMLR must review how it assigns fishing rights in order to prevent the circumvention of fishing quotas.