New Irish €26.8 million investment under Brexit Processing Capital Support Scheme.
Ireland’ Minister for Agriculture, Food and the Marine, Charlie McConalogue, has announced details of a €26.8 million investment in 44 seafood processing projects which are helping drive transformational change in the sector.
The Seafood Capital Processing Scheme is funded by the European Union under the Brexit Adjustment Reserve (BAR). Bord Iascaigh Mhara (BIM), Ireland’s seafood development agency, administers the scheme on behalf of the Department of Agriculture, Food and the Marine, which provides for up to €45 million in funding to the seafood processing sector.
Announcing details of the investment on European Maritime Day, Minister McConalogue said:
“The Processing Capital Support Scheme is providing significant investment in seafood processing enterprises, which employ some 4,000 people in rural coastal communities.
“This scheme is supporting seafood processing industry to develop their enterprises, navigate the challenging trading environment and support jobs in this important sector.
“I am pleased to highlight Brexit Adjustment Reserve funding opportunities available to the Irish seafood processing sector as Europe’s marine community come together on European Maritime Day.”
Of the top 12 spots held by the freezer and factory trawler fleet, eight are occupied by firms with Galician capital.
Three Galician companies topped this year's ranking for wild shrimp catches in Argentina, according to a report released by the National Undersecretariat of Fisheries. Of the top twelve spots held by the freezer and factory trawler fleet, eight belong to companies with Galician capital: Conarpesa/Wofco (4), Iberconsa (3), and Pesquera Deseado/Profand (1). In this context, the fishing industry of the Patagonian province of Chubut is cementing its undisputed leading role in the South Atlantic, while Galician companies have succeeded in placing their vessels at the top of a list highlighting the industrial groups with the highest landing volumes.
Author: C. Valdez / La Voz de Galicia | Read the full article here
Ottawa backs Newfoundland and Labrador harvesters amid dispute
Fisheries Minister Joanne Thompson said France’s proposed exploratory snow crab fishery off Newfoundland and Labrador caught her by surprise.
Global Affairs Canada is addressing the issue, which the province called “offside.” Thompson expects a resolution soon and said France has issued no new crab licences.
She says France has not issued any new snow crab licences off Newfoundland.
The province is investing $1.2 million in the NL New Harvesters Network, a three-year initiative by FFAW, PFHCB and FHSNL to promote fishing careers, training and recruitment. About one-third of certified harvesters are over 54, raising concerns over future labour shortages.
Orpagu warns crews lack effective social protection
Orpagu says Spain requires contributions for non-resident foreign crews despite lacking bilateral agreements to guarantee benefits. It urges application of ILO Convention 188, in force since 2024, warning owners pay double coverage and some are considering reflagging vessels.
Global trade, digital traceability, consumption and innovation take center stage
The 14th Conxemar FAO MAPA Congress in Vigo will examine how AI, automation and digital traceability are transforming fisheries and aquaculture.
Minister Luis Planas will open the forum, which also features María Neira and the signing of a fisheries and aquaculture MoU between Spain and Namibia.
Indonesia is promoting low-carbon aquaculture to boost tilapia exports to premium markets such as the US and Canada. After being overtaken by Vietnam in 2025, the government aims to regain its global position through higher output, traceability, efficient feed and lower-impact farming.
Japanese industrial group Yanmar has agreed a recommended cash offer for AKVA Group, valuing the Norwegian aquaculture technology supplier’s equity at approximately NOK 5.9 billion (€543 million).
The proposed offer of NOK 161 (€14.81) per share has unanimous board support. Shareholders representing approximately 92% of AKVA’s shares, excluding treasury shares, have committed to accept, subject to customary conditions, the company said in an October 2 stock-exchange announcement.
Source: SalmonBusiness | Read the full article here
A 29-ton longline fishing vessel carrying 11 people capsized 65 km northwest of Chagwi Island, Jeju. Nine foreign crew members—8 Indonesians and 1 Vietnamese—were rescued.
The Korean captain and 1 Indonesian remain missing as Coast Guard, Navy and fishing vessels search the area.
Grieg Seafood is adjusting both its harvesting volume and cost expectations for 2026 following increased mortality at a farm in September.
Grieg Seafood stated in a stock exchange release on Friday that an unexpected algae incident led to gill damage and increased mortality at one of the company's locations.
According to the company, the biology in the sea was good throughout August, before the situation developed negatively at the site during September.
Author: Ole Andreas Drønen / fishfarmingexpert | Read the full article here
The campaign spearheaded by Pesca España, OPPC-3, and OPPF-4 returns to the fair with a new initiative to continue bringing trawl fishing and its products closer to the public—this time with gastronomy and music taking center stage.
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