"The European economy has left behind it an extremely challenging year, in which a confluence of factors severely tested our resilience"

At the beginning of 2023, economists predicted the U.S. was either in – or would soon be in – a recession, while the E.U. faced similar predictions of slowed growth and high inflation.

Now, a year out, it’s clear that some of those predictions weren’t entirely accurate.

Author: Chris Chase / SeafoodSource l Read the full article here

Trident Seafood Japan LLC has decided to form the "Sukedara Party'' in order to spread the word about its main product, crab stick products made from 100% Alaska pollack (surimi).

In order to convey the "tasty", "healthy", and "sustainable" elements of 100% walleye pollock, and to let as many people as possible enjoy the taste, they have appointed American talent Jason Atsugiri as the image character and created a special Publish the video on the site. In conjunction with this, Trident Seafood started an SNS campaign from April 18th.

Formed the Walleye Party with the aim of raising awareness of 100% Alaskan walleye domestically.

Crab sticks are a Japanese-born food that is currently attracting the most attention in Europe and the United States. Enjoy a delicious and healthy lifestyle with crab sticks made from 100% Alaskan pollack!

Crab sticks, which were created in Japan more than 50 years ago, have continued to expand as they have gained demand as an alternative to high-quality ingredients.Currently, with the rise in health consciousness, they are once again attracting attention, and mass merchandisers and convenience stores are expanding sales areas and increasing the number of products available. The market is growing and the number is expanding.

Since April 17, they have been uploaded by

The 8th annual meeting of the North Pacific Fisheries Commission (NPFC) was held for four days from the 15th to the 18th at the Osaka Prefectural International Conference Center.

Regarding the management of saury resources, it was agreed that from this year, for the first time, fishery management rules will be introduced to calculate the total allowable catch (TAC) according to the resource level. However, the TAC calculated from the latest resource levels is subject to fluctuations of up to 10% compared to the previous year, and in 2024 it is set at 225,000 tons, a 10% decrease from the previous year.

The conference was attended by nine member countries and regions, including Japan, Taiwan, China, and Russia. A press conference was held after the meeting.

At last year's annual meeting, the saury TAC stated that for the two years from 2023 to 2024, the amount within the treaty zone (high seas) should be kept at 150,000 tons, and within the exclusive economic zones (EEZ) of Japan and Russia, less than 100,000 tons. [....]

Source: The Suisan-Keizai Daily News (translated from original in Japanese)

Marianne Sivertsen Næss (Ap) has been appointed Norway’s Minister of Fisheries and Oceans, resulting from former Minister Cecilie Myrseth (Ap) being appointed Minister of Industry.

Marianne Sivertsen Næss (left) has been appointed Norway’s Minister of Fisheries and Oceans as her predecessor, Cecilie Myrseth (second right) is appointed Minister of Industry. Photo: Arbeiderpartiet

The news of the new appointments in the Cabinet was made this afternoon, Friday 19 April 2024.

Cecilie Myrseth was appointed Minister of Fisheries and Oceans on 16 October 2023. She has been a parliamentary representative for Troms since 2017 and a member of the central board of the Labor Party since 2019. 

The Minister of Fisheries and Oceans is responsible for implementing the government’s policy relating to fisheries, aquaculture, seafood, maritime policy and coastal development, port and sea transport policy, shipping, as well as marine and maritime research and development.

Other political leadership for the Minister of Fisheries and Oceans is:

• State Secretary Kristina Sigurdsdottir Hansen (Ap)
• State Secretary Even Tronstad Sagebakken (Ap)
• Political adviser Nicklas Simonsen (Ap)

Seafood investor Bluefront launches its second fund. Existing and new investors, including one of the world's largest and most recognized investor communities, have already committed to participating.

The interest is very high. The fact that most of the largest investors in our first fund are joining fund number two is a good confirmation of the healthy and good development the first fund has had, says Simen Landmark, partner in Bluefront in a press release.

In October 2021, Bluefront closed the books of its first fund, Bluefront Capital I. This fund is now fully invested. The portfolio companies include the ozone and oxygen specialist Redox; feed analytics company Spillfree Analytics; the software player Seaqloud; Tempia, which supplies refrigeration technology solutions; the inspection and certification specialist Akvasafe AS; as well as Bio Marine, which, among other things, supplies oxygen and light systems for fish farming.

Despite ground rent tax and geopolitical unrest, the company portfolio has delivered solid growth since Bluefront became the owner.

Bluefront Capital II

Bluefront's second fund, Bluefront Capital II, has raised around half a billion kroner (U$D 45.40M  ) in the first round and is experiencing great international interest.

Norway has a new Minister of Fisheries and Oceans – just six months after the appointment of Cecilie Myrseth in the role.

Myrseth moves up to Trade and Industry as part of a number of new senior appointments which the Labour-Centre Party coalition government hopes will help restore its popularity.

She only took on the Fisheries job last October after the popular Bjørnar Skjæran was unceremoniously sacked in a major reshuffle.

Author: Robert Outram / Fish Farmer l Read the full article here

The Environmental Justice Foundation has joined 75 other organisations to urge the European Parliament to adopt regulation prohibiting products made through forced labour entering the EU market.

The International Labour Organisation’s latest report suggests a staggering US$63.9 billion in illegal profits are generated globally from forced labour exploitation per year, a crime which impacts 27.6 million people globally.

Source: Worldfishing l Read the full article here

Thanks to the FAO donation of tablets for dock inspectors

Argentina has announced a reinforcement of control and inspection in ports with a maritime coast, thanks to the support of the Food and Agriculture Organization of the United Nations (FAO) and the Undersecretary of Environment of the Nation. Thus, the National Dock Fisheries Inspectors have been provided with 80 tablets for taking and compiling information and starting in May, data loading and processing tests will begin, the Argentine government reported.

Source: Industrias Pesqueras l Read the full article here

With a productive capacity of 14 million Smolt per year, Cermaq Chile will begin the construction of the second stage of the PCC recirculation fish farm (Canal de Chacao Fish Farm).

The project, which includes cutting-edge technology in all its production phases, will allow the complete cycle of the fish to be carried out in Fresh Water, producing smolts from eye eggs, with a minimum average weight of 150 grams.

New PCC is one of Cermaq's most important projects not only locally, but also from a global point of view.

Source: Mundo Acuícola l Read the full article here