Othe Media | The Fish Site: Significant financial losses reported for AquaBounty
UNITED STATES
Tuesday, April 02, 2024
Aquabounty, a Massachusetts-based salmon producer, has released financial reports for its activities in the final quarter of 2023, along with a full report for the year, revealing a significant increase in net losses for the company.
For the year ended 31 December 2023, product revenue totaled $2.47 million, a year-over-year decrease of 21 percent as compared to $3.14 million in 2022. Net losses for AquaBounty over the same period are even higher, increasing to $27.56 million - a 24 percent increase as compared to the company’s net losses for 2022.
Source: The Fish Site l Read the full article here
Their goal is to enhance the efficiency and sustainability of fisheries cooperatives through:
Financial Empowerment: Providing access to credit and financial services to improve cooperatives' financial health.
Technological Advancements: Implementing digital solutions to modernize operations and increase transparency.
Capacity Building: Training cooperative members and leaders to enhance their skills and knowledge.
Sustainable Practices: Promoting sustainable fishing practices to protect marine ecosystems.
This partnership is expected to significantly benefit India's fisheries sector by empowering cooperatives, improving the livelihoods of fishers, and contributing to sustainable development.
Stakeholders Convene to Chart the Future of a New Fisheries Bureau
The African Union Network of Centres of Excellence in Fisheries, Aquaculture, and Aquatic Biodiversity (AUN-CEFAAB) recently held a meeting to discuss the future of fisheries and aquaculture in Africa. The meeting focused on strengthening collaboration between member states, research institutions, and other stakeholders.
The network aims to address challenges like pollution and illegal fishing through sustainable practices and policies. The meeting also highlighted the importance of capacity building and knowledge sharing among member institutions to enhance their impact on the sector. By working together, the AUN-CEFAAB hopes to contribute to the sustainable development of Africa's fisheries and aquaculture sectors
Goals and Priorities
The new bureau's mandate will focus on several core priorities:
Sustainability: Establishing measures to combat overfishing, illegal fishing, and the degradation of aquatic ecosystems.
Innovation: Integrating advanced technologies and data-driven approaches to improve fisheries management and yield predictions.
Collaboration: Strengthening regional cooperation to ensure equitable resource distribution and collective problem-solving.
Capacity Building: Supporting local communities and small-scale fishers through training programs, infrastructure investment, and market access.
EU fleet secures another 463,000 tonnes under tripartite agreement with Norway and UK
The European Union and Norway have concluded negotiations on the management of shared stocks in Skagerrak and Kattegat, quota swaps and reciprocal access to waters. These agreements guarantee the main fishing opportunities for 2025, as well as predictability and access for EU fleets operating in Norwegian waters, including the North Sea and Skagerrak.
According to the European Commission, the exchange reached has been “balanced”. Among other stocks, the European Union will receive 10,316 tonnes of Arctic cod by 2025 and transfer 81,750 tonnes of blue whiting and 1,700 tonnes of northern shrimp to Norway.
Source: Industrias Pesqueras l Read the full article here
New research has enhanced our understanding of why sea lice are predominantly attracted to salmon.
The study investigates the chemicals released by Atlantic salmon that serve as attractants to these parasites.
The encounter between a salmon louse and its host begins when the louse is in its free-swimming larval stage, known as a copepodite. But being tiny organisms in a vast ocean, how do they locate salmon as their host?
The Norwegian company Laksesystemer has announced the finalisation of agreements to supply feeding technology to land-based aquaculture operations in South Korea, Iceland, and Japan.
This marks a significant milestone for the company, which specialises in efficient feed transportation tailored to modern land-based and closed fish farming systems.
Prior to the finalisation of the new agreements, Laksesystemer participated in a knowledge exchange programme linking Norway and South Korea earlier this year.
Source: The Fish Site l Read the full article here
The research vessel STM "Atlantniro" conducted a survey of the replenishment of small pelagic fish species in the Atlantic fishery zone (AFZ) of Morocco.
The data obtained will improve the understanding of the current commercial potential of the region. Scientists from the State Research Center of the Russian Federation "All-Russian Research Institute of Fisheries and Oceanography" (VNIRO), subordinate to the Federal Agency for Fisheries, use the collected information to prepare recommendations for organizing effective domestic fishing.
More than 1,300 analyses of various types of aquatic biological resources and more than 2,200 determinations of hydrochemical parameters of sea water were performed. 771 fish samples were taken for age. About 1,500 miles were covered with acoustic monitoring. Primary scientific data on bottom surveys were transferred to Moroccan colleagues.
After bunkering in the port of Dakhla, the BAE's work will continue. Surveys in the Mauritanian EEZ are planned.
The forces of the semi-autonomous state of Puntland are preparing an operation to rescue a Chinese fishing boat and its 18 crew members, taken hostage by Somali pirates off the coast of that region in northern Somalia, a senior local security official confirmed on Sunday. The boat, registered under the Puntland authorities, was engaged in fishing activities when it was captured by armed pirates carrying AK-47 rifles and machine guns, according to a report last Thursday by the European Union (EU) Operation Atalanta to combat piracy in the Indian Ocean. The frigate Santa María, of the Spanish Navy, is part of this international deployment, which has been guarding the hijacked fishing boat since Thursday.
Source: La Voz de Galicia l Read the full article here
Scottish Sea Farms has undertaken a comprehensive inspection of its fleet and implemented new safety measures following the sinking of the Julie Anne in the Sound of Mull earlier this year.
The 15-meter vessel sank at its mooring near Fiunary on July 4, reportedly due to a hole in the hull. According to the company, the incident prompted immediate action by marine teams, specialist partners, and the Maritime and Coastguard Agency to limit environmental impact and safeguard nearby salmon stocks.
Source: SalmonBusiness l Read the full article here
Reducing production: STIA would have reduced the production of the plant, which led to the discarding of more than 100 tons of shrimp.
Extortion: The company maintains that the union would be demanding a "bonus" for productivity outside the collective agreement, which it considers extortion.
Economic losses: The union's actions would have generated million-dollar losses for the company and put jobs at risk.
For its part, STIA categorically denies the accusations and counterattacks by stating:
Legitimate assemblies: The measures taken by the workers were through legitimate assemblies and did not constitute a blockade.
Company non-compliance: Red Chamber has allegedly breached wage and food agreements, as well as engaged in irregular labour practices.
Defamation: The company's accusations are false and seek to damage the union's image.
Hear how gliders are used to survey Antarctic krill, the foundation of the region's food web.
Glider “Adrian” getting deployed from the R/V Laurence M. Gould. Credit: Andrew Titmus
Remote underwater gliders—or underwater drones—present opportunities for all kinds of data collection and oceanographic research. They're incredibly cost effective, requiring less staff and equipment than traditional methods. They can remain deployed longer than a ship can be out, and they can go places where a ship can't go. And, you can pilot them anywhere with a laptop and an internet connection—even from your couch!
On our latest podcast, we talk with Jen Walsh, a research biologist and glider pilot for the Southwest Fisheries Science Center. She talks about how we're using gliders in remote areas, like Antarctica, and how they're changing the way we collect fisheries data and learn about the ocean.
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