IN BRIEF - Mowi proposes a dividend of more than 1 billion after a record quarter
NORWAY
Wednesday, May 10, 2023
The salmon giant posts strong growth in a quarter characterized by record-high salmon prices and a disputed land income tax. - We will fight until the cramp seizes us, says Mowi's manager.
Mowi had sales of 1.36 billion euros (15.8 billion crowns) in the first quarter. At the same time, it is proposed to pay NOK 2.0 per share in a quarterly dividend, a total of NOK 1.03 billion.
- Good pricing and strong operational performance over time from my 11,500 colleagues in 25 countries made the first quarter of the year the best ever. Compared to the same quarter last year, we are doing better in almost every measurable indicator, says Mowi CEO Ivan Vindheim in the stock exchange announcement.
Beforehand, revenue in the first quarter was expected to rise to 1.22 billion euros from 1.1 billion euros in the same period last year, according to Bloomberg.
Author/Source: Camilla Knudsen/E24 (read full story here)
The accumulated harvest until March 2024 was 123,200 tons, which means a reduction of 17.9% compared to the same period in 2023.
According to the latest Sector Report prepared by the Undersecretary of Fisheries and Aquaculture (Subpesca), the accumulated mollusk harvest until March 2024 was 124,400 tons, a figure that represents a decrease of 18% compared to the same date in 2023. . The total mollusks harvested constituted 33.7% of the national total harvests.
The mussels represented 33.4% of the national total harvest and 98.9% of the mollusk crop.
The European Union governs its fishing activity based on the Common Fisheries Policy. The initial objectives of this policy were to preserve fish stocks, protect the marine environment, ensure the economic viability of the Union's fleets and provide consumers with quality food. The community contribution is being lost and imports already reach 70% of the supply on the market. The successive reforms have not achieved their objectives and the means of production continue to decline. The global panorama does not correspond to the community panorama.
Source: Industrias Pesqueras l Read the full article here
Icelandic fish farmer Matorka has overcome losses and damage caused by volcanic earthquakes, although it may yet choose to leave its treasured site
There is a lot for fish farmer Matorka to like about Grindavik. The water it extracts from boreholes in the volcanic rock at its land-based farm on the Icelandic peninsula is warmed by lava to almost 10°C, perfect for the Arctic char it grows.
The site is also supplied with clean geothermal electricity, and it is close to an airport and a seaport for easy export.
Author: Gareth Moore / fishfarmingexpert l Read the full article here
The Lerøy Seafood Company has been hit by claims of a new discovery of the listeria bacterium at one of its Norwegian sites, according to Norway’s national broadcaster NRK.
NRK says the discovery is at a Lerøy Midt slaughterhouse in Trondelag county.
The Norwegian Food Safety Authority has told Lerøy that it must inform its customers of the discovery.
Two years ago several people in Sweden were taken ill with listeria complications resulting in seven deaths.
Author: Vince McDonagh / Fish Farmer l Read the full article here
New research on the use of waste is transforming the food and cosmetics industries, promoting the circular economy and creating new jobs.
In the food and cosmetics industry, sustainable resource management and waste minimization are increasingly priorities. A paradigmatic example of this trend is the innovative approach to the reuse of fish waste, which could revolutionize not only these industries, but also contribute significantly to the circular economy.
A few years ago, snow crab populations in Alaska collapsed. Hear how NOAA biologists solved the mystery of what happened to them
In October 2022, the Bering Sea snow crab season was canceled for the first time in U.S. history. Snow crab populations crashed unexpectedly and officials had no choice but to close the fishery. The next year, it happened again.
The decline of roughly 10 billion crabs hit fishermen hard and the entire industry was impacted—from distributors, to processors, to consumers. The value of the fishery went from $227 million to $0 in just 2 years. Making it all the more confounding was that snow crabs were abundant just a few years prior. So ... what happened?
In our new episode, we'll speak with Dr. Cody Szuwalski, a research fishery biologist and stock assessment scientist at NOAA's Alaska Fisheries Science Center. He is the lead author of a study examining the snow crab collapse. Tune in as we hear how NOAA biologists cracked the case of the mysterious Alaska snow crab collapse, what likely caused it, and why it matters.
KATWIJK - From the very beginning to the large global fishing group that Katwijkse Parlevliet & Van der Plas has become, Dirk Parlevliet has been able to experience it all. He passed away 'in peace' last Wednesday, aged 97.
The story has now become part of Katwijk's fishing history. In 1949, Parlevliet and his partners Jan and Dirk van der Plas started a herring business with nothing more than an old truck and a few tens of euros in start-up capital. In 1959 the first ship was purchased: the KW 171 'Jan Maria', with a number and name that would regularly appear in the shipping company's history. This also applies to P&P's first freezer trawler, which came into service in 1967: the KW 170 'Annie Hillina', named after the wives of Dirk van der Plas and Dirk Parlevliet.
Parlevliet was a striking, energetic personality, who, with an entrepreneurial spirit and the necessary courage and flair, helped lay the foundation for what would become one of the largest fishing companies in the world. The new management, with son Diek as the current CEO, took office in the 1980s, after which the group began an even more rapid growth and expanded far beyond national borders. Parlevliet senior remained very involved in the case until the very end. He played a prominent role at the launching of the BX 792 'Jan Maria' early last year.
Co-founder Dirk van der Plas died in 1999. Both names continued to live in the current KW 172 'Dirk Dirk'. The new trawler under Katwijk's number that will soon be launched in Turkey will again be named 'Annie Hillina'.
Fiji and Japan reaffirmed their longstanding partnership in the fisheries sector with a significant equipment donation and pledge for future collaboration.
Japan handed over three excavators, three trucks valued at $1.5 million to the Ministry of Fisheries and Forestry.
Japanese Ambassador Rokuichiro Michii also announced a $10 million commitment to procure a new research vessel and ice machine for the Ministry, bolstering food security initiatives across Fiji.
Minister for Fisheries and Forestry Kalaveti Ravu emphasized the role of aquaculture in ensuring the long-term viability of the fisheries sector.
“The Ministry has always believed that aquaculture holds the key to ensuring fisheries sustainability and solidifying fisheries development which can provide sustainable and consistent income from our aquaculture commodities.”
Ravu noted the potential for the partnership to extend beyond Fiji’s borders.
“This resource will enhance the ability of aquaculture farming communities to put food on the table and mete the economic needs , furthermore this assistance will boost fisheries and forestry development activities in neighboring communities and open opportunities for further collaboration.”
Ravu says this collaborative effort between Fiji and Japan positions them to make significant strides in achieving sustainable fisheries practices and ensuring food security in the region.
AIPCE-CEP, EAPO, Europe^che and FEAP, representing the EU’s fisheries and aquaculture industries, announced their intent to form a strategic alliance aimed at advancing shared goals and promoting critical industry priorities on a broader stage at Seafood Expo Global (SEG) 2024 in Barcelona.
Through this new alliance, they will seek to amplify their impact by forging common ground and promoting collaborative initiatives to reach out to a wider audience.
A recent study has investigated the unique challenges of managing the global octopus fishery.
Global octopus landings in 2020 totaled 377,818 metric tons (MT), according to the Food and Agriculture Organization (FAO). China landed 27.8 percent of this total, while countries in West Africa, including Morocco and Mauritania, accounted for 24 percent of the catch.
Other large producers of octopus include Mexico, which hauled in 9.2 percent of the worldwide total; Japan, at 8.6 percent; and South Korea at 5.1 percent.
Author: Chris Loew / SeafoodSource l Read the full article here
Spanish Fishing Consortia Impact Artisanal Fishing in Central America Nicaragua
The following is an excerpt from an article published by IPS-Inter Press Service:
Spanish transnational fishing companies, especially in Nicaragua, El Salvador and Guatemala, have aimed to exploit ec...
Vietnam's shrimp exports reached over 686 million USD in Q1/2024 Viet Nam
In March 2024, shrimp exports reached nearly 272 million USD, up 3% over the same period last year. Although the growth rate is still modest, this shows that purchasing power from the markets is recov...
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Good week for blue whiting in the Faroese zone, but still poor for the sandeel
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Last week, 19,499 tonnes of coal mullet were registered from 19 different boats. The fishing has ...
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