Late May: Landings begin in earnest, demand is concentrated

[Miyagi] The average price of farmed coho salmon produced in Miyagi in late May (May 21-31) was 757 yen per kilogram. This is 1% higher (10 yen higher) than in mid-May. Landings have begun in earnest, with the total landing volume over a 10-day period exceeding 1,000 tons for the first time this season. However, with the season's cumulative production expected to fall short of the previous period, buyers' desire to purchase was stronger than usual, resulting in concentrated demand. The market price continued to rise.

The average size in late May was 1.5-2 kilograms per fish. Landing volume was 1,368, down 20% from the same period last year.

Source: Minato-Yamaguchi (translated from original in japanese)

First bid in Busan: L size for sale at 3,900 yen

The first bid for new Russian frozen snow crab (Opilio species) in 2024 was held on the 3rd in Busan, South Korea. According to several trading companies, 189 tons of air-blast frozen boiled section products (single price for L-4L sizes) were up for bid.

The entire amount was sold, and the winning bid price is thought to have been 22.8-22.5 dollars per kilogram, 50% higher than the same period last year. According to several trading companies, the domestic sales price (trading company price) for L-size (5 kg box) was 80% higher than the same period last year.

Source: Minato-Yamaguchi (translated from original in japanese)

Aquaculture is emerging activity providing new opportunities to the rural population in the country and Khyber Pakhtunkhwa due to its diverse ecological zones has an edge over other provinces.

Talking to APP, Omar Hayat Khan, a noted expert on fisheries and aquaculture said that the availability of different ecological temperature zones with land, water and human resource provide an edge to develop aquaculture as a sub sector of agriculture.

He said that the untapped renewable aquatic resource provides ample opportunities to develop export led interventions in aquaculture in the province. The untapped potential can provide employment opportunities to youth in rural areas and also provide to meet the millennium goals to which Pakistan is a signatory.

The provincial government of Khyber Pakhtunkhwa (pictured) has invested millions of rupees to develop hatcheries of the carp and trout fishes. But now they need further improvements to cater to the need of private sector. Adequate opportunities are available to attract foreign direct investment in the field of new technologies and new fish products which are in high demand in the foreign markets such as warm water Grouper fish.[...]

Source: Daily Times

Sernapesca highlights that this is the first report that contains the consumption of antiparasitics in a closed cycle, detailed both by company and by group of salmon farming concessions (ACS), “which allows us to advance in the implementation of Law 21,532, being a milestone for active transparency in our country because it sets new standards in aquaculture,” indicates the national director of Sernapesca, Soledad Tapia Almonacid.

The report confirms a new reduction in the consumption of antimicrobials in relation to annual use in freshwater and sea, and in a closed cycle during the year 2023.

Source: iPac.acucultura l Read the full article here

Aquaculture Stewardship Council (ASC) was a Silver Partner at the Blue Food Innovation Summit (BFIS) in London on 21 and 22 May, with in person and virtual attendees at the event which brought together leaders at the forefront of driving positive change in the seafood industry.

Source: Fish Focus l Read the full article here

From the end of May until the end of the season, the EFCA coordinates a bluefin tuna fishing control campaign within the framework of its joint implementation plan

Bluefin tuna conservation is a crucial priority for the European Union, and the European Fisheries Control Agency (EFCA) is playing a key role in this effort. From the end of May until the end of the season, EFCA coordinates a bluefin tuna fishing control campaign within the framework of its Joint Implementation Plan (JIP).

Source: EuropaAzul l Read the full article here

The change in consumer habits is one of the dynamics that companies pay the most attention to. In an ultra-competitive scenario like the current one, in which the neighbor is a rival but also the one who produces in the antipodes, the important thing is not where one is but how far one is capable of going and at what price one does it; Hence, the priority of companies is to be more efficient, save on costs and invest in logistics, all with the ultimate objective of building customer loyalty. In the case of seafood, in addition to competing with each other, they do so with many other protein foods that also fight to get into the shopping baskets.

Author: Jorge Garnelo / Faro de Vigo l Read the full article here

Scottish Sea Farms will this month stock salmon close to farmed sugar kelp at its Loch Spelve site to see how both its fish and the seaweed crop can benefit each other.

The farm, which had been fallowed, was chosen as a suitable testing ground in the collaboration between SSF and businessman and writer Guy Grieve, who ran the Ethical Shellfish Company from Mull and now plans to produce commercial quantities of sugar kelp, to be used in garden compost.

Source: fishfarmingexpert l Read the full article here

Norway’s aquaculture employers have reached a pay agreement with the country’s fish feed and fishmeal workers. A settlement with fish farm staff, however, is going to mediation.

The feed sector settlement includes increases in the minimum wage and overtime and shift pay rates for staff.

Author: Vince McDonagh / Fish Farmer l Read the full article here

Red Lobster has been authorized to pay millions of dollars to vendors, a judge overseeing the restaurant chain’s bankruptcy petition ruled.

Additionally, the Orlando, Florida, U.S.A.-based operator of around 550 restaurants may close more than 100 additional restaurants if it’s unable to renegotiate leases, according to bankruptcy documents.

U.S. Bankruptcy Judge Grace A. Robson is permitting Red Lobster to pay up to USD 49.8 million (EUR 45.7 million) toward pre-petition amounts owed to certain vendors for goods delivered to Red Lobster within 20 days of the company's bankruptcy filing, according to Seafax.

Author: Christine Blank / SeafoodSource l Read the full article here