Other Media | Industrias Pesqueras: Calamasur warns of the impact that the squid crisis has on the economy of the Peruvian fishing sector
PERU
Friday, December 06, 2024
The drop in volume of between 40% and 50% has paralyzed processing plants
The Committee for the Sustainable Management of the Giant Squid of the South Pacific (Calamasur) has warned about the impact that the production crisis affecting the giant squid or squid is having on the economy of the fishing sector and on the livelihoods of fishermen, especially artisanal ones. According to the committee, this species registers a decrease in volume of between 40% and 50%, while in value "the fall will be even more pronounced."
Source: Fishing Industries l Read the full article here
Prices drop sharply as summer volumes weigh on the market.
Norwegian salmon spot prices are expected to fall to around EUR 5.70/kg (USD 6.57/kg) in week 24, down from approximately EUR 6.25/kg (USD 7.20/kg) the previous week, according to analysts.
Prices are expected to remain broadly flat through the rest of June, leaving volume-weighted second-quarter averages at EUR 6.53-6.62/kg (USD 7.52-7.63/kg), below earlier market expectations.
Source: SalmonBusiness | Read the full article here
Thailand is set to take its trade dispute with Malaysia to international forums, raising the latter's recent suspension of imports of five Thai shrimp species during discussions at the World Trade Organization (WTO) and the Association of Southeast Asian Nations (ASEAN).
The Thai government’s measures are in response to actions by Malaysia, which announced it had suspended imports of five Thai shrimp species and imposed strict testing mandates on sea bass from Thailand starting 1 June. The Nation reported 7 June, citing Thai Deputy Prime Minister and Commerce Minister Suphajee Suthumpun, that the government is moving on several fronts to address the mandates.
Author: Toan Dao / SeafoodSource | Read the full article here
To mark World Oceans Day, celebrated this June 8, the Marine Stewardship Council (MSC) published its report Fishing for the Future.
Madrid — The document highlights that the Iberian sardine (Sardina pilchardus) has multiplied its adult population nearly fourfold since 2015 thanks to a joint scientific-fishery plan between Spain and Portugal. This success contrasts with the fact that 49% of Spaniards mistakenly believe that an overexploited stock can never recover; only 26% know that it is indeed possible.
The study reveals that 67% of citizens are aware of the increase in overfishing over the last 50 years. However, 53% do not know which ocean most of the tuna they consume comes from. Alberto Martín, director of MSC Spain, and Manuel Barange, director of Fisheries and Aquaculture at the FAO, pointed out that with science-based management, marine recovery is a reality, also citing the success of the Eastern Atlantic bluefin tuna (Thunnus thynnus) and the Cornish hake (Merluccius merluccius), both of which reached healthy levels following strict rebuilding plans.
MIYAGI – According to data compiled by the Miyagi Prefectural Fisheries Co-operative, the cumulative harvest of farmed Coho salmon (Oncorhynchus kisutch) reached 2,201 metric tons as of May 31, 2026. This volume represents a 13% decrease compared to the 2,544 metric tons landed during the same period last year.
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Although the harvest volume rose to 900 metric tons in late May—up from 686 metric tons in mid-May—current landings are still lagging behind the 987 metric tons recorded in late May of the previous year. Historically, the peak harvest period for products marinos in this region intensifies from June onward.
In terms of pricing, the market is showing a strong price floor. The average unit price rebounded from its mid-May low of 758 yen/kg to 794 yen/kg in late May. The cumulative average price currently stands at 805 yen/kg, marking an 8% decline against the previous year's cumulative average of 878 yen/kg.
Puerto Montt — One week after the conclusion of the Second Chile-ASEAN Business Encounter 2026, organized by ProChile in Bangkok, Thailand, companies from the Los Lagos Region shared a positive assessment. The regional delegation included AquaChile, Granja Marina Tornagaleones, St. Andrews, Marine Solutions, and Imenco, firms connected to salmon farming, mussel farming, seafood, and aquaculture technology.
Francisco Pinto (Marine Solutions), Felipe Kauak (Commercial Manager at Imenco), and Eduardo Piccolo (St. Andrews and representative of Chile Mussels) agreed on the massive potential of Southeast Asia for identifying new marketing channels and strengthening the presence of local marine products and solutions.
For his part, the regional director of ProChile Los Lagos, Ricardo Arriagada, highlighted the area's competitive advantages in these strategic markets. The business matchmaking session took place within the framework of THAIFEX Anuga Asia and brought together more than 40 importers from Thailand, Malaysia, Indonesia, Vietnam, and the Philippines.
Bilbao — To mark the International Day for the Fight against IUU Fishing (Illegal, Unreported and Unregulated), commemorated every June 5, the Bermeo Tuna association hosted a round table titled "Effects of IUU Fishing on the tuna value chain: from traceability to nutrition" at the Itsasmuseum in Bilbao. The event, held following the organization's General Assembly, was moderated by Rogelio Pozo (CEO of AZTI) and featured presentations by Sara Arranz (researcher at AZTI and nutrition expert) and Sergio Gallastegi (CEO of Code Contract).
The debate analyzed tuna as one of the most widely consumed resources globally, whose value chain faces the threat of IUU fishing—a practice that generates unfair competition and jeopardizes food security and ocean sustainability. During the session, the implementation of CATCH was evaluated, which is the new European system designed to block illegal seafood imports into the community market. This event serves as a prelude to the II Bermeo Tuna Forum, scheduled for April 30 and May 1 and 2, 2027, which will place Bermeo, Bizkaia, and Euskadi at the epicenter of the blue economy.
The Basque fishing sector and government have decided to make a firm commitment to their seafood products with the creation of Kofradia Basque Seafood S.A., a pioneering initiative offering a 360-degree solution for fish by encompassing its entire value chain, from capture to the end consumer. “This project, which originated within the sector itself, is beginning to think more deeply about the end consumer,” explains Javier Bilbao, its commercial director.
Giving a boost to the fishing sector by covering all stages of the fish process and focusing, above all, on the end consumer. In the Basque Country, they are clear that this is the formula for adding value to local products and, ultimately, to an activity that is key in economic, social, and cultural terms for the autonomous community.
Source: Industrias Pesqueras | Read the full article here
Stores in the Netherlands join the British chain that removed the species from its product catalog due to overfishing of the stock
Last April, the British supermarket chain Waitrose implemented its decision to remove mackerel from the product catalog of its more than 300 stores. It can no longer be found fresh, chilled, or frozen. This was the distribution company's reaction to years of overfishing by certain coastal states that have jeopardized the stock, so that this product, even with a 48% reduction in the quota, no longer meets "Waitrose's responsible sourcing requirements."
Source: La Voz de Galicia | Read the full article here
Conveyor belt specialist Marvis ehf has confirmed its return to IceFish 2026, where the company will showcase its range of conveyor belt solutions and components for the fisheries and food processing sectors.
Marvis specialises in the import, sale and assembly of high-quality conveyor systems and equipment, including plastic conveyor belts from Intralox, as well as electric motors, geared motors, spare parts and related components. The company has built a strong reputation in Iceland for supplying reliable, premium-quality products tailored to the needs of the seafood and food processing industries.
Norwegian salmon farmer Grieg Seafood is contemplating the issue of a green hybrid bond to raise NOK 750 million (£60m), it said in a market announcement today.
At the same time, it plans to buy back its previously issued green bonds from holders. The bonds are due in 2029 and are worth approximately NOK 1.904 billion (£151.7m).The company is offering a price of 105.75% of the nominal amount, plus accrued and unpaid interest. Following the expiry of the buy-back offer, the company intends an early redemption of the remainder of the existing bond under the rules of the bond.
Source: fishfarmingexpert | Read the full article here