IN BRIEF - Globefish: 'Cod farming seems to be on the way up again'
NORWAY
Sunday, July 21, 2024
Norwegian production of farmed cod reached 12 000 tonnes in 2023, and is expected to increase to 14 000 tonnes in 2024. Although these are still very modest volumes, they are an indication that in the future, farmed cod may replace some of the volumes lost by reduced quotas in the Barents Sea.
However, some of the cod farmers are even more optimistic. One farmer said he expects the 2024 volume to reach 20 000 tonnes, and by 2028, his company alone will produce 28 000 tonnes a year. There have been a lot of technological, biological and genetic improvements since Norway embarked on cod farming in the early 2000s. Production costs have been cut considerably, and production time is shorter.
Farmed cod can now be grown to 4 kg in 18 months in the sea, and year-round production is possible. Thus, farmers would be able to supply fresh cod all through the year, while the wild catch in Norway peaks during the period from February through March. Most of the farmed cod would go for exports as fresh fish destined for the high-end restaurant market.
There are challenges, though. The Norwegian Food Safety Authority (NFSA) has stopped processing all new applications for cod farming licences while it assesses how cod farming might be affecting the wild populations. Investors have been taken by surprise, and nobody knows when applications will be processed again.
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.
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
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.
Science and artisanal fishing deepen cooperation for sustainable management
IFOP researchers visited Ancud, Dalcahue, Tenaún, Queilen and Quellón on September 21–26, working with artisanal fishers and scientific observers to improve data quality, address operational challenges and strengthen monitoring of key benthic crustacean fisheries.Building sustainable fisheries requires quality information, but also participation, trust, and commitment.
UK fishermen and processors welcome increase in mackerel stock United Kingdom
ICES advises a 102% quota increase for 2027, underpinning fishery recovery in the North-east Atlantic
The Scottish and UK mackerel industry has welcomed an increase in the size of the North-east Atla...
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NORWAY
However, some of the cod farmers are even more optimistic. One farmer said he expects the 2024 volume to reach 20 000 tonnes, and by 2028, his company alone will produce 28 000 tonnes a year. There have been a lot of technological, biological and genetic improvements since Norway embarked on cod farming in the early 2000s. Production costs have been cut considerably, and production time is shorter.
ARGENTINA
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: 
CANADA
Ottawa backs Newfoundland and Labrador harvesters amid dispute.png)
SPAIN.png)
Orpagu warns crews lack effective social protection
JAPAN
Japanese industrial group 
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.
CHILE
Science and artisanal fishing deepen cooperation for sustainable management
WORLDWIDE.png)
NETHERLANDS
