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The Honolulu Advertiser
Posted on: Saturday, October 20, 2007

BUSINESS BRIEFS
Aquaculture food safety workshop

Advertiser Staff

Experts from around the world will travel to Honolulu next week for a workshop designed to help the local aquaculture industry produce safer and better quality products.

"Concern over food safety and quality is a growing concern, especially in the area of seafood, which is largely imported," said Bruce Anderson, president of the Oceanic Institute in Waimanalo.

Nearly 20 experts from as far away as Japan and Australia will give presentations and discuss the potential pathways of contamination for aquaculture products from when they are cultured on all the way through to the dinner table.

The workshop will be held 8:30 a.m. to 5 p.m. Monday through Wednesday in the Asia Room at the East-West Center's IMIN Conference Center. For more information, go the Oceanic Institute's Web site: www.oceanicinstitute.org.


UNREGISTERED SECURITIES ALLEGED

The state securities commissioner has taken action against Larry Goto of Financial Management Services for allegedly selling unregistered securities.

The preliminary order seeks to prohibit Goto from selling the securities, and seeks to impose a $10,000 fine. Anyone who has purchased viatical settlement contracts — a type of life insurance policy — from Goto or Financial Management Services is asked to contact the State Securities Enforcement Branch at 586-2744.


MATSON RAISING FUEL SURCHARGE

Matson Navigation Co. said it will raise its fuel surcharge by 2 percentage points to 26 percent for its Hawai'i and Guam service.

The new surcharge, which takes effect on Dec. 2, comes as fuel costs have risen 10 percent since Matson last raised its fuel surcharge, four months ago. The company said it expects fuel costs to remain volatile for the rest of the year.

On Monday, competitor Horizon Lines said it will raise its fuel surcharge by 1 percentage point to 25 percent starting Nov. 11.


TIKI'S WILL CELEBRATE ON TUESDAY

Tiki's Grill & Bar in Waikiki is celebrating its fifth anniversary with a birthday bash from 4 to 7 p.m. Tuesday.

Owners Bill Tobin, Kelly McGill and Greg Montgomery will tend bar, with tips going to the Aloha United Way.

The retro South Pacific restaurant on the second floor of the ResortQuest Waikiki Beach Hotel is one of only two Hawai'i-based businesses to be honored in Entrepreneur magazine's Hot 500 Fastest Growing Businesses in 2007. The other company is Hoku Scientific Inc.

Tiki's Grill and Bar opened its doors in 2002. Gross sales rose to $9 million in 2006. Tiki's employs 170 people and has won several dining awards.


ISLAND ART GALLERIES' GRAND OPENING

Island Art Galleries is the latest retailer to open in the newly renovated Royal Hawaiian Shopping Center.

For its grand opening, the gallery is featuring the oil painting "Morning Glow of Haleakala," painted in 1915 by Hawai'i artist David Howard Hitchcock, for sale at $245,000.

Besides works by Hitchcock, Island Art Galleries displays and sells paintings by Anthony Casey, Zhou Ling, Victor Gao, Dana Queen and Noriko. The gallery is on the ground level of Building B.