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OTHER MEDIA | EuropaAzul: The seafood market shows growing evolution

Tuesday, July 02, 2024

The seafood market shows growing evolution thanks to "snackification", "premiumization", and Internet purchases that drive the market.

The recent report “Oceans of Change: Seafood Trends for 2024”, prepared by the Norwegian Seafood Council (NSC), shows that three out of four consumers choose their establishment based on the assortment of seafood products available. This desire for variety, coupled with growing interest in healthy proteins and ready-to-eat foods, is driving greater snacking and innovation in the seafood sector.

Source: EuropaAzul | Read the full article here

OTHER MEDIA | FishFarmingExpert: Bakkafrost Scotland harvest increased by 55% in second quarter

Tuesday, July 02, 2024

Salmon farmer Bakkafrost Scotland harvested 11,400 gutted weight tonnes of fish in the second quarter of this year, Faroese parent company Bakkafrost said in a trading update.

Bakkafrost Scotland’s Q2 harvest volume was 55% higher than the 7,343 gwt harvested in the same period last year, in line with its policy of harvesting 70-75% of its annual volume in the first half of the year to avoid environmental challenges that have been more prevalent in Q3.

Source: FishFarmingExpert | Read the full article here

OTHER MEDIA | SeafoodSource: Lawsuits fly between Hyde Caviar and Stolt Sea Farm, four years after sale of financially challenged Sterling Caviar

Tuesday, July 02, 2024

Elverta, California, U.S.A.-based Sterling Caviar entered receivership in April 2024, with creditors claiming the company owes them more than USD 23 million (EUR 21.5 million).

Numerous lawsuits involving the company dating back to 2020 reveal significant financial issues plagued it for years, and may continue to complicate its existence as its ownership pursues a path forward.

Author/Source: Cliff White / SeafoodSource | Read the full article here

OTHER MEDIA | FishFocus: SFP’s 2023 Target 75 Sectors Status Update

Tuesday, July 02, 2024

SFP’s 2023 Target 75 Sectors Status Update shows increase in sustainable or improving production across most sectors.  A new report by Sustainable Fisheries Partnership (SFP) finds that, while there is a general upward trend in production from sustainable or improving sources across most seafood sectors, some sectors and regions still face challenges that hinder sustainability.

SFP’s annual T75 Sectors Status Update highlights progress toward the goals of the organization’s Target 75 (T75) initiative, which aims to ensure that 75% of seafood production by volume in 13 key sectors is sustainable or making regular, verifiable improvements

Source: FishFocus | Read the full article here

OTHER MEDIA | IndustriasPesqueras: Ireland announces two more financing plans, one for the development of aquaculture and another for training

Tuesday, July 02, 2024

The Minister of Agriculture, Food and the Marine of Ireland, Charlie McConalogue, has announced the opening of two new financing plans within the framework of the Fisheries Products Development Programme, endowed with 258 million euros, co-financed by the Government of Ireland and the EU within the framework of the European Maritime, Fisheries and Aquaculture Fund 2021-2027 (EMFA). These new plans are added to the four plans that opened on June 25.

Source: IndustriasPesqueras | Read the full article here

IN BRIEF - Umitron Farm announced to reduce the burden of recording and calculation

Monday, July 01, 2024

UMITRON PTE.LTD. (Singapore) and Umitron Co., Ltd. (Shinagawa, Tokyo) announced the launch of "UMITRON FARM," a production management service for aquaculture businesses. It can automate and visualize cost management and feed efficiency calculations. There is also a campaign where the annual usage fee of 60,000 yen (excluding tax) will be free for the rest of the year if you apply by the end of December.

Umitron Farm records items such as feeding amounts and drug dosages, which are essential for growth management and can automate and visualize calculations for cost management and feed efficiency. If you are using Umitron's smart feeder "Umitron Cell," the data linking function can automatically record feeding amounts, further reducing the burden of data recording for fishery operators. [....] 

IN BRIEF - Thai Union opens its first Thai Union Global Shop at the Phenix Food Wholesale Hub in Bangkok

Monday, July 01, 2024

Thai Union Group PCL, the global seafood leader, opened its first Thai Union Global Shop at the Phenix Food Wholesale Hub in Bangkok.

The opening was led by Mr. Thanachote Boonmechote, Managing Director of the Thai Union’s Shrimp Business, and Ms. Panitta Mingsoongnern, Senior Marketing Manager. They hosted distinguished guests including Thai Prime Minister Srettha Thavisin, Deputy Prime Minister and Minister of Commerce Phumtham Wechayachai, Tourism and Sports Minister Sermsak Pongpanich, Culture Minister Sudawan Wangsuphakijkosol, Mrs. Wallapa Traisorat, CEO and President, Asset World Corp. PCL, and Mr. Thapana Sirivadhanabhakdi, CEO and Managing Director, Thai Beverage PCL, along with representatives from the Phenix project team.

The Thai Union Global Shop is a one-stop destination offering products from the Company’s three core businesses including ambient, frozen and chilled, and value-added and others. The shop facilitates connections between buyers, sellers, and entrepreneurs from around the world

Source: ThaiUnion


IN BRIEF - Aquaculture has the potential to earn billions of dollars: Expert

Monday, July 01, 2024

PESHAWAR: The Aquaculture industry has the potential to generate billions of US dollars through exports besides the provision of support of employment to the youth of rural areas in the country and a source of income for the investors.

Talking to this scribe, Omar Hayat Khan, an expert on aquaculture and the environment stressed the need for diverting the political attention of both federal and provincial governments towards aquaculture and fisheries to attract investment by providing the enabling environment to investors.

Presently, he said the aquaculture activities in Pakistan are either subsistence level or on a small scale and commercial aquaculture has yet to take time to develop for export as compared to the sector in Iran,  Turkey, and India.

All these neighboring countries are not only producing fish and fisheries products for home consumption as well as surplus for exports. This has been made possible by providing an enabling environment to the private sector for investment and development of aquaculture activities on a commercial level.

Source: Business Recorder

IN BRIEF - Exploring the potential of low-use 'Dosuika' squid

Monday, July 01, 2024

The Fisheries Research and Education Agency Development and Investigation Center is currently conducting a test operation and a survey to expand sales channels for the underutilized "dosuika" (Magister Armhook Squid), which inhabits the Yamato Seamount area of the Sea of Japan. As there is a shortage of squid raw materials for processing due to a chronic shortage of Japanese 'common' squid (todarodes pacificus), the center is exploring the possibility of using dosuika as a raw material for processing.

The mantle of a dosuika is about 15 cm long and weighs about 150 grams. According to the center, until now, offshore bottom trawling in the same area in the summer to catch northern red shrimp.

Source: Minato-Yamaguchi

OTHER MEDIA | IndustriasPesqueras: The 25 Andalusian fish markets recorded a value of 105 million of their sales of seafood products until May

Monday, July 01, 2024

The value of fishing production marketed in the 25 Andalusian fish markets has approached 105 million euros between January and May 2024, an amount that represents an increase of 6.7% compared to the amount obtained in the same months of 2023. (98.3 million). This amount includes both the sale of nearly 17,500 tons of fresh products for more than 69.8 million euros, as well as the marketing of frozen fish and seafood (2,260 tons for 23.7 million), bivalve mollusks (89 tons and almost 540,000 euros) and trap products (more than 1,000 tons valued at 10.7 million).

Source: IndustriasPesqueras | Read the full article here

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