Other Media | The Fish Site: IFFO reports major increases in fishmeal and fish oil production
WORLDWIDE
Tuesday, March 18, 2025
The total fishmeal production from IFFO’s members* in January increased by approximately 75 percent compared to the same month in 2024.
According to the organisation’s latest report, this increase was primarily influenced by a 300 percent increase in the Peruvian output, while Chile, the USA, Spain and the African countries also reported positive trends.
As for fish oil, total output in January 2025 was 71 percent up year over year, again mainly driven by Peru. The other regions also reported an increased fish oil production compared to January 2024, with the exception of the North European countries.
One of Scotland’s leading salmon producers has won a prestigious honour at an international awards ceremony.
Bakkafrost Scotland scooped the Sustainability Award at the Aquaculture Awards, part of Aquaculture UK, the sector’s flagship event. The awards were presented at a gala dinner at the Hilton Glasgow, attended by more than 700 guests. There were nearly 100 nominations, celebrating the best of the international aquaculture community.
Bakkafrost Scotland was shortlisted across several categories, reflecting the company’s continued investment in people, innovation, sustainability, and community partnerships.
Scottish salmon exports to India are set to benefit from the implementation of the UK-India free trade agreement next month, with tariffs on the product scheduled to be removed from 15 July.
The trade deal will eliminate the current 33% tariff on Scottish salmon entering India, a market that industry representatives believe could offer significant growth opportunities for exporters.
India is the world’s third-largest fish market, with domestic fish consumption reaching nearly 12 million tonnes in 2021, according to industry figures. While the majority of seafood consumed in the country is locally sourced, imports are concentrated in the premium segment, particularly in major cities including Delhi and Mumbai.
Source: SalmonBusiness | Read the full article here
WASHINGTON, D.C. – U.S. Senator Cindy Hyde-Smith (R-Miss.) introduced a bill in the Senate to prohibit the use of American taxpayer funds to finance foreign seafood farms. The initiative seeks to protect domestic shrimp producers and processors from unfair international competition.
The legislation, named the "Save Our Shrimpers Act," would explicitly ban federal funds from being allocated to international financial institutions, such as the International Monetary Fund, for activities related to the farming, processing, or exporting of foreign shrimp. This bill is the companion to proposal HR.2071, authored by Representative Troy E. Nehls (R-Texas), which passed the House of Representatives by an overwhelming majority last month.
Although current federal law requires the Department of the Treasury to vote against assistance that harms domestic producers, enforcement has been lax. In fact, the United States voted against a foreign shrimp aquaculture project for the first time in history only recently, in April 2025.
The proposal is backed by key industry organizations, including the Southern Shrimp Alliance (SSA) and Mississippi Commercial Fisheries United, Inc.
Eurostat data confirms that aquaculture in the EU continues to stagnate, while global production, on the contrary, continues its steady upward trajectory.
In 2024, EU aquaculture produced approximately one million tons of aquatic organisms—corresponding to a quarter of total EU fisheries and aquaculture production—worth €4.6 billion, representing just over two-fifths of the total value of EU fisheries and aquaculture production. Four EU countries were responsible for approximately two-thirds (64.6%) of aquaculture production: Spain produced just under a quarter (24.3%) of the total, followed by France (17.9%), Greece (12.6%), and Italy (9.7%).
Source: iPac.aquacultura | Read the full article here
The vessel will operate for NovaNam in Namibian waters and will have the capacity to catch and process up to 2,500 tons of hake annually.
The addition of the Olupale will allow the group to replace the Mar del Cabo, which was damaged by fire last year, and strengthen its fishing activity in a country that has been strategic for Nueva Pescanova since 1990.
Nueva Pescanova is reinforcing its international fishing presence with the addition of the freezer trawler Olupale to the fleet of NovaNam, its subsidiary in Namibia. The operation consolidates the group's commitment to Namibian waters, one of the strategic locations for its fishing and seafood processing activities.
The European Commission has approved Croatia’s plan to provide EUR 8 million (USD 9.3 million) in financial support to its commercial fishing fleet, which like many is suffering from higher fuel costs caused by the Iran War.
Attacks by Israel and the United States on Iran have led to the closure of the Strait of Hormuz, denying substantial amounts of oil from reaching global consumers and leading to a spike in fuel prices. While U.S. President Donald Trump reported the U.S. and Iran have signed a deal to end the conflict, the existing fuel price increase has still made it more difficult for commercial fishers to operate profitably, and European Union officials have sought to alleviate the shock and ensure their members’ fleets don’t remain tied up to the dock until fuel prices go down.
Author: Nathan Strout / SeafoodSource | Read the full article here
Scottish Sea Farms said 86 employees have completed its management training programme since its launch 18 months ago, including 63 current line managers and 23 employees identified as potential future leaders.
The programme, developed in partnership with AAB People, is designed to strengthen leadership and people-management skills across the business. Participants from different departments and regions attend two two-day training sessions held one month apart.According to the company, all employees with management responsibilities are expected to complete the course, while staff identified through succession planning processes are also encouraged to participate.
Source: SalmonBusiness | Read the full article here
The Government of Kenya officially opens the 11th Our Ocean Conference (OOC11) in Mombasa, marking a historic milestone as it is held on African soil for the first time.
Under the theme "Our Ocean, Our Heritage, Our Future," the event convenes global leaders, scientists, and investors to position Africa and the Western Indian Ocean at the center of sustainability and inclusive economic growth.
Over three days, the summit will seek to translate political ambition into measurable actions across six priority areas: Marine Protected Areas, Sustainable Blue Economy, the Ocean–Climate Nexus, Sustainable Fisheries, Marine Pollution, and Maritime Security. Since its inception in 2014, this conference has channeled more than 2,900 financial commitments valued at over US$ 169 billion.
The focus of this edition highlights the mobilization of private capital in aquaculture, biotechnology, and renewable energy, promoting co-management models where local communities act as active partners. Furthermore, Kenya will drive regional cooperation against illegal, unreported, and unregulated (IUU) fishing and promote the global 30x30 conservation target.
Relief for the fleet, which hopes the price will continue to fall
The announcement of the peace agreement between the US and Iran has also brought relief to the fishing fleet, which began to see a drop in diesel prices this Monday. According to the Geoportal of Gas Stations of the Ministry for Ecological Transition and the Demographic Challenge, a liter cost less than 90 cents at 19 of the 25 maritime stations in Galicia listed on that website. This is a decrease compared to last Friday, when the average price in the three Galician provinces was €0.904 in Lugo, €0.926 in A Coruña, and €0.934 in Pontevedra.
Author: S.M / M Gago / La Voz de Galicia | Read the full article here
The agreement also allows the IMO to move forward with its plan to evacuate the thousands of seafarers stranded in the area.
The International Maritime Organization (IMO) is very pleased with the peace agreement reached between the United States and the Islamic Republic of Iran, the parties to the conflict affecting the Strait of Hormuz. It considers this an "important step" towards restoring security in the vital maritime corridor for seafarers and ships, as well as safeguarding the fundamental principle of freedom of navigation.
IMO Secretary-General Arsenio Domínguez expressed his deepest condolences to all victims of the conflict, paying special tribute to the innocent seafarers affected and their families.
Source: Industrias Pesqueras | Read the full article here