Ocean 14 Capital Fund has entered into an investment agreement with aquaManager in a bid to develop an improved software, data and automation platform for fish and shrimp producers.
Over the course of two decades, aquaManager – which is still run by its founder, Kostas Seferis, has developed farm management software tailored largely to the seabass/sea bream and tilapia sectors, gaining significant traction.
Author: Rob Fletcher / The FIsh Site l Read the full article here
The Parliament also asks to stop quota cuts, aid for shellfish farming and to put the guilds on an equal footing with the producer organisations
Unanimity in the Fisheries Commission of the Parliament of Galicia to demand the State
Although it is not mentioned in the statement released by the BNG, they clearly refer to the situation that has been repeated in recent years with species such as the sardine or the anchovy.
Source: La Voz de Galicia l Read the full article here
A fish farm feed barge badly damaged by fire in January is almost ready to be deployed after being restored by local contractors, and engineers working for salmon producer Cooke Scotland.
A large shed on top of the concrete hull of the barge, which was at Cooke’s West Fara farm, Orkney, was destroyed in the blaze.
Author: Gareth Moore / fishfarmingexpert l Read the full article here
Canadian salmon companies were left reeling today over the news that Donald Trump is threatening to impose a 25% tariff on all goods imported from over the border when he takes office in January.
Southern neighbours Mexico, along with China, are being targeted as well as Canada. President-elect Trump said this morning he would impose 25% tariffs on Canada and Mexico, and 10% on Chinese goods, until all three countries are able to play their part in tackling the USA’s problems with drugs – particularly the synthetic opiate fentanyl – and illegal migration.
Author: Vince McDonagh / FIsh Farmer l Read the full article here
In October, Basque fishing associations auctioned less fish than in the same period of the previous year: northern bonito (-44%), mackerel (-29%), hake (-36%) and red tuna (-16%). However, the auction volume of anchovy and sardine increased by 3% and 27%, respectively. As regards the value obtained at auction, the values ??have been reduced in all species: northern bonito (-29%), anchovy (-4%), mackerel (-13%), sardine (-8%), hake (-19%), red tuna (-27%) and horse mackerel (-19%). In total, the fish marketed and its sales value have decreased by 19% and 16% respectively, compared to the same period last year.
Source: Fishing Industries l Read the full article here
Alba, France’s first hydrogen-electric powered fishing training vessel, has been inaugurated by LPMA: Maritime and Aquaculture Professional School of Bastia. It was designed by European naval architecture and marine engineering company Mauric.
Mauric was also technical coordinator of the project.
Explaining the background to the project, Mauric said that LPMA of Bastia was awarded a €4 million budget for the development and construction of a zero-emission vessel through the France 2030 Recovery Plan. In April 2021, it published a Call for Applications for the design and construction of a 100% hydrogen-electric powered fishing training vessel.
Salmon farming in Chile is undergoing a major transformation with the arrival of organic and ultra-premium products, which promise to raise quality and sustainability standards.
Two companies in the sector have recently presented innovations that not only comply with demanding international regulations, but also respond to the growing demand of consumers looking for healthier and more responsible options.
In this context, Cermaq Chile recently launched AIMON, an ultra-premium salmon that reflects its commitment to quality and sustainability at every stage of its production.
Russia is reportedly still facing delays and issues with its shipbuilding programs over six years after it announced the results of its first round of investment quota auctions.
Russia first introduced the idea of tying access to fishery quotas to investments in new vessels or processing facilities in 2016 before approving of the idea in 2017. Companies that won auctions to lucrative crab-fishing quotas were tasked with building a new fishing vessel within five years, with the added requirement that any vessel built for the program had to be built within a Russian shipyard.
Now, as the end of 2024 is just over a month away and the program is already a year past its final due date, the industry is still waiting on the majority of its vessels.
Author: Chris Chase / SeafodoSource l Read the full article here
Mowi employees Purchase Over 141,000 Shares in discounted share program.
Mowi has announced that 1,012 employees have collectively purchased 141,426 shares through its discounted employee share program, representing a total transaction value of approximately NOK 29 million ($2.64 million/€2.54 million).
The program, available to permanent employees in its Norwegian, Scottish, and Canadian subsidiaries, was based on the average share price of NOK 205.16 on 25 November 2024.
Source: SalmonBusiness l Read the full article here
The volume of frozen cod imports to South Korea in 2024 has more than halved compared to the previous year.
South Korea imported 504 tons of frozen cod in October, a 41% decrease from the 848 tons imported during the same period last year. Cumulative imports from January to October totaled 5,250 tons, down 50% from 10,569 tons in the same period in 2023. Frozen cod accounted for just 0.72% of the total seafood imports of 732,192 tons.
Most frozen cod imports came from Russia, which supplied 96% of the total volume, or 5,029 tons. The remaining imports were sourced from the United States (125 tons), Canada (75 tons), and China (20 tons). By country, import prices were USD 3.06/kg for Russian cod, USD 2.73/kg for U.S. cod, USD 2.60/kg for Chinese cod, and USD 1.88/kg for Canadian cod, with Canadian cod being the cheapest.
In monetary terms, frozen cod imports in October amounted to USD 1.13 million, a 52% decrease from USD 2.35 million in the same period last year. Year-to-date import value stood at USD 15.94 million, down 59% from USD 39.14 million in 2023. The average import price per kilogram was USD 3.04, an 18% decline from USD 3.70 in the same period last year.
For reference, the domestic wholesale price of frozen cod (Russian origin, 18.5kg, size L) is trading at approximately KRW 88,000 (USD 62.82).
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GREECE
Ocean 14 Capital Fund has entered into an investment agreement with 
SPAIN
The Parliament also asks to stop quota cuts, aid for shellfish farming and to put the guilds on an equal footing with the producer organisations
UNITED KINGDOM
A fish farm feed barge badly damaged by fire in January is almost ready to be deployed after being restored by local contractors, and engineers working for salmon producer 
UNITED STATES
Canadian salmon companies were left reeling today over the news that Donald Trump is threatening to impose a 25% tariff on all goods imported from over the border when he takes office in January.
In October, Basque fishing associations auctioned less fish than in the same period of the previous year: northern bonito (-44%), mackerel (-29%), hake (-36%) and red tuna (-16%). However, the auction volume of anchovy and sardine increased by 3% and 27%, respectively. As regards the value obtained at auction, the values ??have been reduced in all species: northern bonito (-29%), anchovy (-4%), mackerel (-13%), sardine (-8%), hake (-19%), red tuna (-27%) and horse mackerel (-19%). In total, the fish marketed and its sales value have decreased by 19% and 16% respectively, compared to the same period last year.
FRANCE.jpeg)
Mauric was also technical coordinator of the project.
CHILE
Salmon farming in Chile is undergoing a major transformation with the arrival of organic and ultra-premium products, which promise to raise quality and sustainability standards.
RUSSIAN FEDERATION
Russia is reportedly still facing delays and issues with its shipbuilding programs over six years after it announced the results of its first round of investment quota auctions. 
NORWAY
Mowi has announced that 1,012 employees have collectively purchased 141,426 shares through its discounted employee share program, representing a total transaction value of approximately NOK 29 million ($2.64 million/€2.54 million).
SOUTH KOREA
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