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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.

Source: Globefish/FAO


IN BRIEF - World's Largest Ultra-Cold 'Sleeping' Ship Ready to Sail

CHINA
Wednesday, November 05, 2025

Zhoushan—A massive, ultra-low temperature refrigerated vessel, dubbed the "Xinxiangli 55," has been delivered and is set to depart for the South Pacific fishing grounds in late November. The vessel is being called the world's largest of its kind by tonnage and loading capacity, effectively operating as a "mobile refrigerator at sea."

The ship was invested in and built by Zhoushan's Zhejiang Xinxiangli International Shipping Co., Ltd., at a cost of approximately $22.2 million (RMB 160 million). A sister vessel, the "Xinxiangli 56," is already operating in the South Pacific.

At 143.49 meters long, the "Xinxiangli 55" boasts approximately 11,500 cubic meters of refrigerated storage space, capable of maintaining temperatures as low as -55°C. This capability allows it to keep high-value catches, like raw tuna, in a state of "sleep" for thousands of nautical miles, preserving their quality.

The vessel will provide comprehensive services—including fish refrigeration, material supply, and personnel transfer—for Zhoushan's distant-water fishing fleet. It has an impressive maximum range of nearly 20,000 nautical miles and 54 berths, supporting flexible crew changes for distant-water fishermen.


Other Media | WorldFishing: Seafood Scotland enters strategic partnership with Barcelona Central Fish Market

SPAIN
Wednesday, November 05, 2025

Scottish seafood businesses are to get greater access to market intelligence, buyer networks and promotional opportunities in Europe, thanks a new partnership that trade body Seafood Scotland’s has formed with the Central Fish Market, Mercat Central del Peix, and education centre at Mercabarna, Barcelona.

According to Seafood Scotland, this agreement with one of the largest fresh food wholesale markets in Europe will help Scottish exporters better understand shifting consumer preferences, ensuring products are tailored to meet local demand and capitalise on Spain’s growing appetite for premium seafood.

Source: Worldfishing | Read the full article here


Other Media | Fish Farmer: Riga set to host global algae experts’ conference next month

LATVIA
Wednesday, November 05, 2025

AlgaEurope 2025, set to take place in Riga, Latvia, from 9-12 December 2025, will bring together the global algae community for four days of collaboration, innovation, and knowledge exchange.

Organized by DLG Benelux and the European Algae Biomass Association (EABA), the AlgaEurope 2025 Conference is expected to welcome over 400 participants from across academia, research, and industry, making it one of the most significant annual gatherings dedicated to algae biomass.

Source: Fish Farmer  | Read the full article here


Other Media | Fish Focus: Thai Union records Q3 2025 adjusted net profit of THB 1.5bn

THAILAND
Wednesday, November 05, 2025

Thai Union records Q3 2025 adjusted net profit of THB 1.5bn as organic sales return to growth despite global headwinds. 

  • Sales volumes and organic sales improved year on year, with reported sales at THB 34.5 billion
  • Gross profit margin stood at a very robust 19%, showing strongly improved margins in the frozen business
  • Adjusted net profit reached THB 1.5 billion, up quarter on quarter, with major transformation costs set to taper off in 2026
  • Earnings per share grew by 12.1% year on year, reaching THB 0.34

Thai Union Group PCL have announced its third-quarter results, reporting a net profit of THB 1.3 billion. 

Source: Fish Focus | Read the full article here


Other Media | Industrias Pesqueras: Norway and India strengthen ties to boost the decarbonization of maritime transport

INDIA
Tuesday, November 04, 2025

Extensive presence of Norwegian companies at India Maritime Week 2025
 
Norway and India mark a new step in bilateral cooperation to promote greener, safer, and more innovative maritime transport. “India is the most populous country in the world, with a long and strong maritime tradition. Norway is small in population, but a major ocean nation with a comprehensive maritime cluster. Together we can make shipping greener and safer,” said Norwegian Minister of Fisheries and Ocean Policy Marianne Sivertsen Næss, following a bilateral meeting with Indian Prime Minister Narendra Modi and Minister of Ports, Shipping and Waterways Sarbananda Sonowal, on the sidelines of India Maritime Week 2025, held in Mumbai. 
 
Source: Industrias Pesqueras | Read the full article here

Other Media | WorldFishing: FEAP calls for accurate seafood labelling

EUROPEAN UNION
Tuesday, November 04, 2025

The Federation of European Aquaculture Producers (FEAP) has issued warning of a growing trend in international seafood markets regarding the mislabelling of fish species. Of particular concern is the use of the generic term seabass for products that are not European seabass but seek to benefit from the latter’s established reputation and market value

Recent market observations have revealed that barramundi (Lates calcarifer), a fish species captured and farmed in the Indo-Pacific region, is often marketed simply as seabass in several Asian and Middle East countries.

Source: Worldfishing | Read the full article here


Other Media | MundoAcuicola: Artisanal Fisheries Call for Improved Oversight of Chinese Fleet in the South Pacific

CHILE
Tuesday, November 04, 2025

The presence of Chinese vessels off the Chilean coast has increased considerably since 2025. While only 8 vessels were recorded in 2024, the number has already reached 117 this year. This has alarmed the artisanal fishing sector, which views the presence of the Chinese fleet, especially squid fishing vessels, with concern.
 
When consulted on the matter, Alfonso Miranda, president of CALAMASUR, called on the governments of Chile, Ecuador, and Peru to consolidate a common position to strengthen management measures for the giant squid (Dosidicus gigas), a key resource for the northern region of the country.
 
Source: MundoAcuicola | Read the full article here

Other Media | SalmonBusiness: Regulators weigh industry code and tighter reporting after die-offs

AUSTRALIA
Tuesday, November 04, 2025

Review urges Chile-style controls and stronger heatwave planning.

A Tasmanian government debrief into last summer’s salmon mass mortality event has found that a lack of accurate and timely information from operators delayed critical decision-making and undermined public messaging.

The review, published on Monday, also highlights coordination and waste-logistics challenges and proposes ten actions, including consideration of an industry code of practice and strengthened reporting rules.

Source: SalmonBusiness | Read the full article here


Other Media | fishfarmingexpert: Newfoundland marine conservation area plan 'risks significant job losses'

CANADA
Tuesday, November 04, 2025

The implementation of a proposed National Marine Conservation Area (NMCA) on the south coast of Newfoundland risks significant job losses in an area where many people already rely on government handouts, a report has warned.

The 28-page “economic snapshot” of the area was produced by the Atlantic Economic Council, an independent, non-profit economic and policy research organisation. The snapshot was commissioned by the Newfoundland Aquaculture Industry Association (NAIA) and Mining NL.

The NMCA has being considered by Parks Canada, the federal government agency that administers the national park system. It follows a Memorandum of Understanding signed in 2023 by the Government of Canada, the Government of Newfoundland and Labrador, Miawpukek First Nation, Qalipu First Nation and the Town of Burgeo.

Source: fishfarmingexpert | Read the full article here


Other Media | Fish Focus: Europêche welcomes ILO Guidelines promoting fair labour market services

EUROPEAN UNION
Monday, November 03, 2025

Europêche, the representative body of Europe’s fishing sector, welcomes the successful conclusion of the Meeting of Experts on Guidelines for Fair Labour Market Services for Migrant Fishers, held under the auspices of the International Labour Organisation (ILO) from 27 to 31 October 2025 in Geneva.

The newly adopted Guidelines for Fair Labour Market Services for Migrant Fishers provide a comprehensive framework to assist governments and social partners in promoting ethical recruitment and fair treatment of migrant fishers across the world. 

Source: Fish Focus | Read the full article here


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