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Other Media | FishFarmer: Nova Austral rescue plan delayed for fifth time

Friday, November 10, 2023

A decision on the future of the large Chilean salmon farmer Nova Austral has been pushed back yet again.

Shareholders were due to vote on a rescue package in the form of a new agreement yesterday, but creditors decided they needed more time to consider what is described as a Revised Organisation Proposal. A decision had been expected, but it was delayed for the fifth time since the summer.

Author: Vince McDonagh / FishFarmer | Read the full article here

Other Media | FishFocus: Andfjord Salmon facility development ahead of schedule

Friday, November 10, 2023

Andfjord Salmon has announced that construction work at its land-based salmon farming facility at Kvalnes is progressing ahead of schedule, which significantly de-risks the build-out project.

Andfjord Salmon is currently developing its Kvalnes facility, targeting an initial production capacity of 8,000 tonnes (HOG) from 2025 for the first build-out phase at Kvalnes, Andøya. The company is targeting a total production capacity of 40,000 tonnes at Kvalnes through a gradual increase between 2025 and 2030.

Source: FishFocus | Read the full article here

Other Media | EuropaAzul: China develops the world's first floating fish farm powered by solar and wind energy

Friday, November 10, 2023

Longyuan and Shanghai Electric have unveiled a pioneering facility off Nanri Island in Fujian.

The innovative project integrates wind, solar and aquaculture energy, opening new horizons in the sector.

Longyuan, a subsidiary of China Energy Investment Corp (CEIC), a world leader in wind energy, aims to combine wind generation and deep-sea fish farming. The research focuses on the selection of marine species, the acoustic impact of the turbines and the interaction with underwater cages. The Nanri project was approved in 2015.

Source: EuropaAzul | Read the full article here

Other Media | SalmonExpert: New season: largest salmon producer in Chile reveals its results

Friday, November 10, 2023

In a new season of results, the AquaChile group opened the third quarter of 2023 for the salmon farming industry, revealing that its total sales were US$360 million, increasing 12.7% compared to the second quarter of this year, which is mainly explained for a higher sales volume.

In turn, total sales in 3Q23 were 1.5% higher than those achieved during the same period in 2022, mainly explained by higher sales volume offset by lower international prices.

Author: Jonathan Garcés / Salmonexpert | Read the full article here

IN BRIEF - Hapag-Lloyd with decrease in earnings in first nine months of 2023

Thursday, November 09, 2023

  • Freight rates declined further in the third quarter
  • Transport volume up in the third quarter, stable year-to-date

Hapag-Lloyd has concluded the first nine months of 2023 with a Group EBITDA of USD 4.5 billion (EUR 4.2 billion) and a Group EBIT of USD 3.0 billion (EUR 2.8 billion). The Group profit stood at USD 3.4 billion (EUR 3.2 billion). These results are significantly below the prior-year level due to the severe change in market conditions. With the further expansion of its terminal business, the Hapag-Lloyd Group’s business activities have also been split for the first time into Liner Shipping and Terminal & Infrastructure segments.

In the first nine months of 2023, the EBITDA in the Liner Shipping segment decreased to USD 4.5 billion (EUR 4.1 billion). The EBIT fell to USD 3.0 billion (EUR 2.7 billion). Revenues decreased to USD 15.2 billion (EUR 14.1 billion), primarily due to a lower average freight rate of 1,604 USD/TEU (9M 2022: 2,938 USD/TEU). This dropped even further in Q3 2023, to USD 1,312/TEU (Q3 2022: USD 3,106/TEU), and it was much lower in several trades compared to the same period of the prior year. In contrast, the transport volumes improved in the third quarter, rising by just under 5 percent, to 3,110 TTEU (Q3 2022: 2,975 TTEU).

IN BRIEF - Vegan Sashimi Market to Reach a Valuation of US$ 218.8 Million by 2033

Thursday, November 09, 2023

The global vegan sashimi market is expected to be valued at US$ 104.9 million in 2023 and to reach a valuation of US$ 218.8 million by 2033. The demand for Vegan Sashimi is estimated to grow at a steady 8.5% CAGR, with the U.K., the U.S., China, and India emerging as key producers.

In recent years, there has been a growing interest in vegan and plant-based alternatives to traditional meat and seafood products. This has led to the development of various plant-based seafood substitutes, including vegan sashimi. These products are typically made from plant-based ingredients such as konjac, soy, mushrooms, and seaweed, which are shaped and flavored to resemble traditional sashimi.

Increasing awareness and concern for the environment, animal welfare and a growing number of health-conscious consumers are driving the growth of the vegan sashimi market. Consumers are becoming more conscious of their impact on the environment and animal welfare, and are looking for alternative options that align with their values.[...]

Source: Future Market Insights

IN BRIEF - Alarming decline in fish consumption

Thursday, November 09, 2023

I read that the consumption of fishing and aquaculture products has decreased alarmingly in recent years. Apparently, current consumption has decreased in Spain to about 18.5 kilos per person per year while in 2014, less than ten years ago, it was about 27 kilos per person per year. If these estimates are true, the decline is truly striking. A drop of around 30% in ten years. An enormity.
I find this very worrying. For two reasons. The first, for a health issue. The fish is healthy. The positive effects of its consumption on health are very well studied and are very well known. Fish is healthier than other foods for which it is replaced in diets. In this way, a deterioration is possibly occurring in the nutritional quality of the average Spaniard and consequently in their health. That is, the decrease in fish consumption can have negative effects on the health of the Spanish population. This is very serious.
The second reason is socioeconomic, since the decrease in consumption affects the economy and employment of regions highly dependent on fishing, such as almost all the coastal areas of Spain, but especially those of Galicia.[... ]
Author/source: Alberto Gonzalez-Garces Santiso / Faro de Vigo (translated from original in spanish)

IN BRIEF - The first batches of Kamchatka salmon hit store shelves

Thursday, November 09, 2023

The first batches of fish products supplied to retail chains directly from fishermen from Kamchatka have already gone on sale in the central part of the country. This was reported by the Ministry for the Development of the Far East and Arctic.

“Fishermen sent over 1.5 thousand tons of aquatic biological resources to the central part of the country,” commented Deputy Minister Anatoly Bobrakov.

He noted that the first batch of fish products directly from fishermen arrived at the Globus retail chain. “In the near future, they will be joined by other retail chains – Lenta, VkusVill and X5 Group,” he added.

Sockeye salmon, Chinook salmon and pink salmon supplied by fishermen have already appeared on the shelves of hypermarkets. For example, pink salmon costs 219 rubles per kg, the ministry emphasized.

The supply of products to retail chains directly from fishermen was organized as part of the “Affordable Fish” project. Its goal is to increase fish consumption in the domestic market.[...]

Author/source: Yulia Likarchuk/Vetandlife (translated from original in russian)

Other Media | EuropaAzul: MEPs ask the Commission to act against the blue crab invasion

Thursday, November 09, 2023

MEPs ask the European Commission to stop the invasion of the blue crab in order to act quickly. This was reiterated by PD MEPs Pietro Bartolo and Elisabetta Gualmini after the written response of the European Commissioner for Fisheries, Virginijus Sinkevicius, ruling out the possibility of repealing the ban on trawling to eradicate the species. In his response, the commissioner reported the existence of an ongoing study by the General Mediterranean Fisheries Commission to find out the best solutions to mitigate the impacts of this species.

Source: EuropaAzul | Read the full article here

Other Media | Industrias Pesqueras: The new agreement with Madagascar is one step away from its final approval

Thursday, November 09, 2023

The European fleet is just one step away from being able to fish with full guarantees in the waters of Madagascar after the approval of the new fishing agreement between the EU and the African State by the plenary session of the European Parliament. All that remains is the final approval of the EU Council. Without an implementation protocol in force since January 2019, the EU authorities and Madagascar signed a new agreement in October 2022 and it provisionally entered into force on July 1.

Source: IndustriasPesqueras | Read the full article here

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Russian Federation
Nov 30, 19:00 (GMT + 9):
IN BRIEF - A big step towards creating a culture of consumption of fish products: a fish market of a new format has opened in Moscow
Nov 30, 19:00 (GMT + 9):
IN BRIEF - Investor Consortium Partners with Baja Aqua-Farms to Promote Future Growth
Nov 30, 10:00 (GMT + 9):
Brazil obtains international authorization to maintain tuna fishing volume
Russian Federation
Nov 30, 07:10 (GMT + 9):
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Nov 30, 07:00 (GMT + 9):
IN BRIEF - Morocco Unveils ‘Ibn Sina II’ Fishery Research Vessel
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Republic of Ireland
Nov 30, 07:00 (GMT + 9):
Irish seafood has a low carbon footprint
European Union
Nov 30, 07:00 (GMT + 9):
Scientific studies reinforce the sustainability of bottom fishing – EBFA
Viet Nam
Nov 30, 07:00 (GMT + 9):
HEADWAY JSC increases competitiveness in tuna exports to the US and U.A.E markets
Nov 30, 07:00 (GMT + 9):
Alarming levels of insecurity in the shrimp sector
Russian Federation
Nov 30, 06:40 (GMT + 9):
By the end of November, Russian fishermen caught more than 4.9 million tons of fish
Nov 30, 05:00 (GMT + 9):
Seafood Expo Eurasia Business Program: from Global Trends to Local Solutions
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OTHER MEDIA | Mundo Acuicola: Camanchaca increases its income by 7% driven by the fishing business
Nov 30, 01:00 (GMT + 9):
The Northern Zone survey showed a L2 and L1 shrimp predominance
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Fish Pool Salmon Price Status Report for week 48

Brazil obtains international authorization to maintain tuna fishing volume
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South Korea Top diplomats from Japan and China met for bilateral talks Saturday to try to resolve disputes including China’s ban on Japanese seafood, which has hit Japanese exporters. Source: AP Japanes...

Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation - Wartsila Group Headquarters
ITOCHU Corporation - Headquarters
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
AquaChile S.A. - Group Headquarters
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods, Inc
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO - Food and Agriculture Organization - Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Brim ehf (formerly HB Grandi Ltd) - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Grupo Pereira Headquarters
Costa Meeresspezialitäten GmbH & Co. KG
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Mowi ASA (formerly Marine Harvest ASA) - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation - Headquarters
Cooke Inc. - Group Headquarters
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart | Wal-Mart Stores, Inc. (Supermarket) - Headquarters
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
National Geographic Society
AmazonFresh, LLC - AmazonFresh

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