DNB Markets, the bank’s brokerage division, will be renamed DNB Carnegie as part of the acquisition.
Seafood lending giant DNB has entered into an agreement to acquire all shares in Carnegie Holding from private equity firm Altor and other minority shareholders for approximately SEK 12 billion ($1.05 billion). The deal is a strategic move for DNB to expand its presence in the Nordic market and boost fee-based income. The transaction is subject to regulatory approvals in multiple jurisdictions and is expected to close in the first half of 2025.
Source: SalmonBusiness l Read the full article here
Kiwi fish farmer Akaroa King Salmon has become the first king salmon (Oncorhynchus tshawytscha) producer globally to adopt the innovative Blue Impact feed program developed by Denmark-headquartered feed producer BioMar.
This Blue Impact initiative supplements wild-caught fish in feed formulations with cultivated algal oil, fish trimmings, and insect meal. BioMar says the approach significantly reduces the impact on wild fish stocks while utilising clean, sustainable sources of omega-3 to produce the healthiest fish possible.
Source: fishfarmingexpert l Read the full article here
The Philippines government has accused a “Chinese maritime militia” vessel of deliberately sideswiping one of its fisheries vessels in the contested South China Sea.
The government claims a Chinese vessel with the bow number 00108 conducted dangerous maneuvers to block the path of a Philippines Bureau of Fisheries and Aquatic Resources (BFAR) vessel, ultimately leading to the collision.
Author: Nathan Strout / SeafoodSource l Read the full article here
It warns that its annulment will affect the Galician fleet as Andalusia, the main directly affected party, will need a larger quota to alleviate the impact of having to abandon the fishing ground
The Ministry of the Sea warns that the annulment of the fishing agreement between Morocco and the European Union by the Court of Justice of the EU (CJEU) "will have its effects" on the Galician fleet as it will be affected by the need that Andalusian fishing vessels will have for more quotas to alleviate the losses in that fishing ground, especially in the case of pelagic species.
On November 17th of this year the fishing agreement with Senegal ends. The concern of the fishing boats is notable because the EU has shown a yellow card without the possibility of negotiating the agreement. The most affected fishery is the fishing boats in the Cantabrian Sea that need bait (sardine) to catch tuna, and the only area where there is bait is in the bay of Hann.
According to the shipowners, "we went to the commission and they told us that it is not possible to negotiate, with these answers we have been like this for more than four years.
Alistair Carmichael, MP for Orkney and Shetland, has been elected Chair of the All Party Parliamentary Group on Fisheries (APPG). APPG is a cross-party group in Parliament that discusses and advocates for fisheries policies and related issues.
Liberal-Democrat Carmichael is sharing the APPG chair with Melanie Onn, Labour MP for Great Grimsby and Cleethorpes.
Alistair was born and raised on Islay. He first worked in the hotel industry before attending University of Aberdeen where he graduated with a degree in Law in 1992. After graduating, Alistair worked as a Procurator Fiscal Depute then moved into private practice as a solicitor.
He married his wife Kate in 1987 and they live in Orkney with their two sons, Sandy and Simon.
Since becoming an MP in 2001, Alistair has campaigned on a range of issues important to people in the Northern Isles, such as farming, fishing, offshore oil and gas, and more recently the development of renewables. He is also well-known for his work on human rights and has been an active campaigner for the worldwide abolition of the death penalty.
As of October 17, 2024, South Korea's total imports of fresh salmon amounted to 20,057 tons, valued at USD 281.4 million
The bulk of these imports originated from Norway, which supplied 19,316 tons, followed by Chile with 463 tons, and Canada with 90 tons. Norwegian salmon commanded the highest import price at USD 14.08/kg, while prices from Chile and Canada were lower, at USD 12.56/kg and USD 12.23/kg, respectively.
The total TAC is 3.61 million tons. This is 168.5 thousand tons, or 4.9%, higher than in 2024.
The main increase is pollock. The quota for the main Russian fish has increased by 7.2%, or 165 thousand tons. Pollock maintains its position as the most harvested species of aquatic bioresource. Other species of aquatic bioresources lag behind in TAC by at least 5 times.
The TAC for Pacific herring has increased by almost 7 thousand tons, or 1.8%. In total, fishermen are allowed to catch 407.9 thousand tons of this type of fish. The TAC for Baltic herring remained at the current year's level - 27 thousand tons.
All types of crabs - 109.8 thousand tons. The Ministry of Agriculture increased the maximum possible catch volume by 3.4%, or almost 5 thousand tons. The main species caught is the snow crab opilio. The quota for it is 50 thousand tons, which is 5% higher than for 2024.
The TAC for northern shrimp remained at last year's level - 35.4 thousand tons. This is the main species of shrimp caught by Russian fishermen.
The permissible catch of Pacific cod was reduced by 3.2%, or almost 4.7 thousand tons, to 140.6 thousand tons. The volume of quotas for Atlantic cod will become clear after the quotas are approved in the areas of international treaties. But the population of this species is declining all over the world.
Aqua Nor 2025 will take place in Trondheim, Norway, from 19 to 21 August and includes a Scottish pavilion attended by Scotland’s aquaculture supply chain businesses.
The Scottish presence at the event provides an opportunity for businesses to showcase innovations and expertise, products and services to a global audience.
The Scottish Government’s Marine Scotland Fund announced today (7 October) a funding award of up to £178,000 to support the pavilion.
Aker BioMarine announced a new distribution agreement with global specialty ingredient solutions provider Barentz International BV, to further expand its reach in Europe.
As experts in human nutrition, together, Barentz and Aker BioMarine will bring high-quality, sustainable krill oil products to customers in Italy, San Marino, Belgium, the Netherlands and Luxembourg.
Aker BioMarine is a leading innovation company in human health and nutrition that develops krill-derived products for consumer health and nutrition.
VARPE Releases Strategic Report on Russian Fish Export Markets Russia Fed.
The global fish market is undergoing significant adjustments, according to German Zverev, President of the All-Russian Association of Fishery Industrialists (VARPE).
The association has conducted an ...
OPINION: Chinese fishing threatens Peru’s maritime sovereignty Peru
The Peruvian navy has officially placed itself at the feet of China's commercial interests.
Giant squid was once an abundant marine resource and a cheap source of protein in Peru. The story is long, ...