Other Media | Fish Focus: Greece’s Blue Gold: The Future of Aquaculture and Growth Prospects.
GREECE
Thursday, February 13, 2025
Greece’s aquaculture sector is one of the most dynamic and strategically significant pillars of the national economy. As the leading producer of sea bream and sea bass in the European Union and the second-largest globally, Greece holds a prominent position in an export-driven industry with vast growth potential. The sector’s advancement relies on expertise, investment in innovative technologies, and continuous improvements in production processes, making it one of the most vital components of Greece’s primary industry.
Aquaculture is a key driver of economic development in coastal and island regions, providing not only financial benefits but also sustainable employment opportunities.
Author: Thodoris Antoniou and Dimitris Pafras / FIsh Focus l Read the full article here
As of February 2025, South Korea's total imported volume of frozen mackerel reached 20,057 tons, a 52.5% increase compared to the 13,149 tons imported in February 2024.
The domestic wholesale price remains stable, with the following approximate price levels:
The average import price of frozen mackerel up to February 2025 was $2.69 USD per kg.
Among the total imports, Norwegian mackerel accounted for 91% (18,614 tons), with an average import price of $2.74 USD per kg. Chinese mackerel represented 5.3% (1,050 tons) at $2.00 USD per kg, and 375 tons were imported from the UK.
As of the 4th week of March 2025, the wholesale price of Norwegian frozen mackerel is:
300/500g size: 99,000 KRW (approximately $73 USD), down 0.5% from 99,500 KRW (approximately $73.40 USD) in February 2025.
400/600g size: 101,000 KRW (approximately $74.50 USD), up 1.51% from 99,500 KRW (approximately $73.40 USD) in February 2025.
Moving forward, Norwegian mackerel prices are expected to remain around 100,000 KRW (approximately $73.80 USD) per box.
Nichirei Corporation is honored to announce it has received the Excellence Award at the NIKKEI Integrated Report Awards 2024, presented by Nikkei Inc.
Nikkei Inc. hosts the annual NIKKEI Integrated Report Awards to promote the advancement and dissemination of integrated reporting (*). Since 2018, Nichirei has utilized its integrated report as a key communication tool for stakeholders, particularly investors.
The report aims to articulate Nichirei’s vision and sustainability efforts by systematically presenting financial and non-financial information alongside its business strategies. The award specifically acknowledged the report's clear articulation of ROIC-conscious management and the demonstration of how non-financial initiatives contribute to financial value drivers and overall corporate value enhancement.
Nichirei remains committed to enhancing its integrated report, providing valuable financial and non-financial information, and fostering dialogue with stakeholders to drive corporate value.
*Note: The awards were known as the "Nikkei Annual Report Awards" from 1998 to 2020 and were renamed in 2021.
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.
Pescapuerta is participating in the Seafood Expo North America/Seafood Processing North America (Boston) with its subsidiary, Vanaper Trade, a firm specializing in the farming and marketing of vannamei shrimp. The whiteleg shrimp, or vannamei shrimp in Spain, is a species of shrimp in the Penaeidae family, order Decapoda. It is native to the eastern Pacific Ocean, from the state of Sonora, Mexico, to northwestern Peru.
A total of 13 Galician companies are promoting their products. The Xunta (Government of Galicia) is using the event to promote Galician fish and seafood and encourage companies to establish new commercial alliances with companies from other parts of the world.
It is the largest showcase of its kind in North America, attracting more than 20,000 industry-related organizations from over 50 countries.
The Ministry of the Sea brings the excellence of Galician coastal products to the largest fish and seafood fair in North America.
Chilean companies will shine at the largest seafood fair in the US, showcasing their salmon, mussels, sea urchins, and more.
With more than 4,000 kilometers of coastline, Chile is one of the largest producers of seafood products, which reach more than 100 markets around the world. It is the largest exporter of fresh and frozen salmon fillets, canned mussels, and sea urchins. It is also the second-largest supplier of frozen toothfish chunks and frozen whole, headless, and gutted mackerel.
To reinforce its global leadership position, the South American country will showcase its high-quality offerings at Seafood Expo North America 2025, which will take place at the Boston Convention and Exhibition Center.
Source: MundoAcuicola l Read the full article here
Japanese food packaging and cold storage company Shingi Corporation is utilizing the power of magnets to ensure seafood products crafted by processors, and served by hotels, restaurants, and retailers around the globe, stay as fresh as possible for as long as possible.
Shingi Executive Manager Nori Tanaka told SeafoodSource at the 2025 Seafood Expo North America that the idea for the firm’s innovative proton freezers came about around 10 years ago because traditional methods of freezing food, whether through conventional rapid freezers, blast freezers, or other methods, can result in changes to flavor, texture, and even aroma upon reheating.
Author:Teddy Hans / SeafoodSource l Read the fuul article here
UK secures over 2,000 tonnes of fishing opportunities through annual negotiations with the Faroe Islands, valued at £5 million
The agreement provides UK fishermen with 880 tonnes of cod and haddock, 575 tonnes of saithe, as well as redfish, blue ling and ling, flatfish and other species in Faroese waters
The deal follows the conclusion of negotiations with the EU and Norway in December
The UK fishing industry will receive over 2,000 tonnes of fishing opportunities in Faroese waters, following annual negotiations with the Faroe Islands for 2025, the UK government has announced yesterday (17 March).
In February 2025, the total volume of frozen pollock imported into Korea was 13,036 tons, a 16% decrease compared to the 15,599 tons imported in the same period of 2024.
The cumulative import volume for the year reached 24,373 tons, a 4% decline from the 25,500 tons recorded in the previous year (25,500 tons). This represents 16% of total seafood imports, which amounted to 152,793 tons.
Russia supplied the majority (99%) of frozen pollock imports, with 24,257 tons, while the United States provided 116 tons. The import price was USD 1.04/kg for Russian pollock and USD 1.44/kg for American pollock.
The total import value of frozen pollock until February 2025 was USD 13.79 million, a 10% decrease compared to USD 15.33 million in the same period of 2024. However, the cumulative import value reached USD 25.48 million, a 1% increase compared to USD 25.24 million in the previous year (USD 25.24 million).
The average import price was USD 1.05/kg, a 6% increase from USD 0.99/kg in the same period of 2024.
Despite the decline in import volume, the average import price of frozen pollock has increased, and the total cumulative import value has risen slightly.
From May 12-14, the Marine Ingredients Organization (IFFO) will gather its members in Madrid. Scientists and industry experts will explore the latest developments in feed ingredients and formulations, as well as the growing strategic role of marine ingredients. The meeting will also provide updates on the agricultural ingredient, fish oil, and fishmeal markets, as well as the latest developments in insect production for feed and food, and the omega-3 ingredient market, with national and regional information.
Source: iPac.aquaculture | Read the full article here
Three employers' associations rely on Food Safety to counter "alarmist news"
In recent years, various reports have promoted a misperception about the presence of mercury in canned tuna, omitting fundamental aspects such as the protective role of selenium, a key element that counteracts the potential effects of mercury and provides essential health benefits. To help consumers make informed decisions based on all factors, fishermen and canners are launching the #AtúnSinMitos campaign, whose objective is to "provide objective information based on scientific evidence on the safety and nutritional benefits" of canned tuna.
Source: La Voz de Galicia | Read the full article here
Chubut Province Closes Shrimp Fishing, National Waters Open on Monday Argentina
After more than four months of operations in provincial waters, the 2024/2025 fishing season for the species Pleoticus muelleri concludes with catches exceeding 100,000 tons.
On Monday, national wate...
RanMarine: innovative ocean-cleaning – supported by BlueInvest Netherlands
RanMarine, a Dutch startup, offers innovative solutions to fight water pollution.
It has developed autonomous water-cleaning devices that not only effectively remove plastic waste but also address ot...
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GREECE
Greece’s aquaculture sector is one of the most dynamic and strategically significant pillars of the national economy. As the leading producer of sea bream and sea bass in the European Union and the second-largest globally, Greece holds a prominent position in an export-driven industry with vast growth potential. The sector’s advancement relies on expertise, investment in innovative technologies, and continuous improvements in production processes, making it one of the most vital components of Greece’s primary industry.
SOUTH KOREA
JAPAN
Nikkei Inc. hosts the annual NIKKEI Integrated Report Awards to promote the advancement and dissemination of integrated reporting (*). Since 2018, Nichirei has utilized its integrated report as a key communication tool for stakeholders, particularly investors.
WORLDWIDE
The total fishmeal production from 
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Pescapuerta 
With more than 4,000 kilometers of coastline, Chile is one of the largest producers of seafood products, which reach more than 100 markets around the world. It is the largest exporter of fresh and frozen salmon fillets, canned mussels, and sea urchins. It is also the second-largest supplier of frozen toothfish chunks and frozen whole, headless, and gutted mackerel.
Japanese food packaging and cold storage company Shingi Corporation is utilizing the power of magnets to ensure seafood products crafted by processors, and served by hotels, restaurants, and retailers around the globe, stay as fresh as possible for as long as possible.
UNITED KINGDOM.png)
The agreement provides UK fishermen with 880 tonnes of cod and haddock, 575 tonnes of saithe, as well as redfish, blue ling and ling, flatfish and other species in Faroese waters
SPAIN
From May 12-14, the 
Three employers' associations rely on Food Safety to counter "alarmist news"
