IN BRIEF - VASEP: 'Tuna exports to Italy skyrocket'
VIET NAM
Friday, July 12, 2024
According to statistics from Vietnam Customs, if last year Vietnam's fresh, frozen and dried tuna (except frozen tuna meat/loin code HS03034) could not be exported to the Italian market, this year the export value of this item accounted for 64% of the total export turnover to this market. Next is canned tuna. Exports of both of these product groups increased compared to the same period.
Contrary to the import trend from Vietnam, tuna imports into Italy from other countries are showing a downward trend, down 19% in the first quarter of 2024.
According to Eurostat statistics, Vietnam is the largest supplier of fresh, frozen and dried tuna outside the bloc to Italy, higher than both the Philippines and Indonesia. Meanwhile, in the canned tuna market segment, Vietnam is the 7th largest source for Italy, after Indonesia, Ecuador, China, Solomon Islands, Colombia and Seychelles.
There are currently about 8 enterprises exporting to this market. Of which, Yueh Chyang Canned Food and Mariso Vietnam are the 2 enterprises exporting the most tuna to this market, accounting for 86% of total export turnover.
According to businesses, the advantages of preferential tariffs under the EU-Vietnam Free Trade Agreement (EVFTA) are creating attraction for Vietnamese tuna products in the Italian market. And if the “bottlenecks” in raw materials are removed, Vietnamese businesses will have more opportunities to boost exports to Italy.
"Easing the burden" on companies while simultaneously ensuring that momentum toward achieving decarbonization goals is maintained.
With this aim in mind, the Commission has just proposed a major reform of the EU Emissions Trading System (EU ETS), which was launched in 2005. Since then, while driving down emissions, the scheme has generated €270 billion in revenue that was reinvested in innovation, industrial decarbonization, and the modernization of the European energy system. "However, the geopolitical and economic context has changed, and EU industry is under greater pressure," notes the Commission.
Source: Industrias Pesqueras | Read the full article here
The prospect of cod and pollock ultimately being left out of the 21st sanctions package reflects the delicate balance between political pressure on Moscow and the need to ensure supplies for the European processing industry.
Negotiations regarding the European Union's twenty-first sanctions package against Russia have once again placed the fishing sector at the heart of the EU debate. Although the European Commission had proposed banning imports of certain species caught by the Russian fleet, the latest discussions among Member States suggest that fish may ultimately be excluded from the final text—a decision that is already impacting European markets for cod and Alaska pollock.
The El Niño climate pattern is expected to trigger severe marine heatwaves, leading to a significant decline in Indian oil sardine availability in 2027, according to the ICAR-Central Marine Research Institute (CMFRI).
Speaking at the inauguration of a scientist–farmer interface programme to mark National Fish Farmers Day at CMFRI on 10 July, CMFRI director Grinson George warned that the warming associated with El Niño is expected to intensify between October and December. The resulting impact is likely to be felt across the northern Indian Ocean by April or May 2027.
Source: The Fish Site | Read the full article here
IceFish attracts visitors from across Iceland and from over 60 other countries. The three-day event focuses on commercial fishing and Aquaculture and offers a wide range of exhibitors from across the sectors.
This year there will be Danish and Faroese pavilions and a strong exhibitor presence from Norway. The exhibition has growing international importance and there are exhibitors from fifteen other countries including Germany, Spain, Canada and the UK.
Naturally occurring compounds such as geosmin and 2-methylisoborneol (MIB) are two of the leading causes of poor flavour, writes Asbjørn Husby. As producers increasingly adopt more efficient production models, taking control of these compounds is vital.
Geosmin and MIB are naturally occurring organic compounds produced by microorganisms commonly found in aquaculture ponds and recirculating aquaculture systems (RAS). Even at extremely low concentrations, once these compounds have been absorbed, it can lead to fish containing undesirable flavours, such as earthy or musty tastes, which are easily noticed by consumers.
With a presence in sectors such as mining, transportation, infrastructure, data centers, energy, and—of course—aquaculture, WSP has focused its expertise and technical capabilities on generating solutions that add value to its clients' businesses and position them for future success.
With extensive experience in consulting, engineering, and integrated solutions, WSP—an international company based in Montreal, Canada—has established itself as a strategic partner for the country's key industries. In southern Chile, its relationship with the aquaculture sector has developed over more than two decades; this track record has enabled the company to gain deep insight into the region, the specific characteristics of the sector, and the challenges it faces regarding growth, sustainability, and innovation.
Chinese agribusiness Joyvio has requested a new arbitration in its long-running legal dispute with the former owners of Chilean salmon farmer Australis Seafoods, following the annulment of a compensation award worth around $300 million (€258 million).
According to Chilean newspaper El Mercurio, Joyvio has asked the Arbitration and Mediation Center (CAM) of the Santiago Chamber of Commerce to appoint a new arbitration panel, arguing that the Santiago Court of Appeals overturned the previous award but did not invalidate the underlying arbitration proceedings.
Source: SalmonBusiness | Read the full article here
The spot price of market-influencing Norwegian farmed salmon increased by NOK 1.44 (£0.11) per kilo, up to NOK 64.30 (£5.12) per kilo, in week 28, according to sector statistic provider Akvafakta.
That price is NOK 1.5 above the same week last year. If we compare it to the same week two years ago, the price is down by NOK 9.62, writes Fish Farming Expert's Norwegian sister site, Kyst.no.
If we look at the trend for the last four weeks, the price is down NOK 0.64.
Author: Ole Andreas Drønen / fishfarmingexpert | Read the full article here
Reshaping seafood purchasing with quality, health and trusted certification, new global ASC research reveals.
Global study of almost 15,000 consumers shows growing interest in sustainable seafood, with trusted certification increasingly helping shoppers buy with confidence.
Consumer interest in sustainable food is growing rapidly, with a more than 10 percentage point increase since 2024 in consumers who say they prefer environmentally friendly products and look for sustainability claims on food. Yet when shoppers buy seafood, health, taste and quality still come first. Trusted certification is increasingly helping consumers turn their sustainability intentions into purchasing decisions.
The Ministry of Fisheries, with the support of the General Fisheries Commission for the Mediterranean (GFCM) of the UNFood and Agriculture Organization (FAO), has commissioned the Spanish Institute of Oceanography (IEO-CSIC) to conduct an international scientific campaign. Launched yesterday and running until July 22, the campaign will assess the impact of semi-pelagic trawl doors—known as "flying doors"—on the seabed. The survey will take place in waters off the coast of Alicante (Mediterranean), where the switch from conventional doors has allowed the fishing fleet to increase its days of activity.
Source: La Voz de Galicia | Read the full article here
Closer Does Not Mean More Abundant: Tuna Shifts Its Map in the Pacific Worldwide
The warming of the Pacific is modifying the distribution of several tuna species in the Eastern Pacific, temporarily bringing them closer to the California coast. For the industry, this signal does no...
VIET NAM(2).jpg)
EUROPEAN UNION.png)
"Easing the burden" on companies while simultaneously ensuring that momentum toward achieving decarbonization goals is maintained.
The prospect of cod and pollock ultimately being left out of the 21st sanctions package reflects the delicate balance between political pressure on Moscow and the need to ensure supplies for the European processing industry.
INDIA
The El Niño climate pattern is expected to trigger severe marine heatwaves, leading to a significant decline in Indian oil sardine availability in 2027, according to the ICAR-Central Marine Research Institute (CMFRI).
ICELAND
It’s under nine weeks until the 
UNITED STATES
Naturally occurring compounds such as geosmin and 2-methylisoborneol (MIB) are two of the leading causes of poor flavour, writes Asbjørn Husby. As producers increasingly adopt more efficient production models, taking control of these compounds is vital.
CHILE
With a presence in sectors such as mining, transportation, infrastructure, data centers, energy, and—of course—aquaculture, WSP has focused its expertise and technical capabilities on generating solutions that add value to its clients' businesses and position them for future success..png)
Chinese agribusiness 
NORWAY
The spot price of market-influencing Norwegian farmed salmon increased by NOK 1.44 (£0.11) per kilo, up to NOK 64.30 (£5.12) per kilo, in week 28, according to sector statistic provider Akvafakta.
WORLDWIDE.png)
Global study of almost 15,000 consumers shows growing interest in sustainable seafood, with trusted certification increasingly helping shoppers buy with confidence.
SPAIN
The Ministry of Fisheries, with the support of the General Fisheries Commission for the Mediterranean (GFCM) of the UN 
