Other Media | SeafoodSource: Thai Union’s Q3 profits down on lower tuna sales
THAILAND
Wednesday, November 10, 2021
Thai Union reported a decline in its net profit in the third quarter as its tuna sales fell from last year, the company said in its Q3 results report, released 8 November.
Thai Union’s net profit in Q3 was THB 1.94 billion (USD 58.7 million, EUR 50.7 million), diving 5.8 percent year-on-year, mainly due to supply chain and workforce disruptions during the pandemic, rising shipping costs, and losses from its subsidiaries.
Author: Toan Dao / SeafoodSource | read the full articlehere
Ngai Tahu's Hananui project targets production of up to 14,400 tonnes annually off Rakiura/Stewart Island.
New Zealand has fast-tracked approval for the Hananui Aquaculture Project, led by Ngai Tahu Seafood Resources Limited, to develop an open-ocean salmon farm across about 2,500 hectares, located 2–6 km off Rakiura/Stewart Island. The project includes four marine farms, around 80 circular net pens and a production target of up to 14,400 tonnes of salmon per year.The development is expected to strengthen aquaculture production, exports and regional employment.
Krishna Sri Kotikalapudi left her technology career to enter aquaculture and now manages 105 acres of shrimp farming operations in Andhra Pradesh.
An Electrical Engineering graduate, Kotikalapudi is involved in a family operation spanning nearly 800 acres, applying a technical approach to pond management, health and feeding. She also shares practical aquaculture knowledge with around 14,000 followers on social media, helping promote more efficient and science-based farming practices.
Fish exports fell 83.7% between 2014 and 2025, while ports, fishermen and coastal communities suffered major impacts.
Yemen estimates direct and indirect losses to its fisheries sector at more than US$15 billion, including around US$2 billion in lost exports and investment. Fish exports dropped from 46,300 tonnes in 2014 to 7,521 tonnes in 2025. In addition, 11 fishing ports and landing centres were affected, while more than 21,600 people lost their main sources of livelihood.
The initiative combines traditional fishing, tourism and gastronomy, backed by public funding for vessel upgrades.
Greece is promoting fishing tourism to diversify fishermen's income. The 2021-2027 programme funds vessel upgrades, safety and equipment, while a separate €16 million call supports investments in the professional fishing fleet.The Ministry of Rural Development and Food is supporting these initiatives through the Fisheries, Aquaculture and the Sea Programme 2021-2027, which provides funding for vessel adaptations, equipment purchases and improvements related to safety and hygiene.
Ode, Norway’s leading cod producer, has been awarded its first ASCcertification, the most rigorous and widely recognised sustainability, quality and responsibility standard in aquaculture. This makes Ode the first cod producer in the world certified against the standard of the Aquaculture Stewardship Council (ASC).
ASC opened for certification of Atlantic cod in 2025, when cod was included in the revised ASC Salmon and Cod Standard v1.5. Ode is the first company to have completed a full audit and been awarded a certificate under the new standard.
This certification is a strong validation of Ode, the way we operate, and the products we provide our customers.
Chilean aquaculture and agriculture giant AgriSuper has received approximately US $48 million in refunds of tariffs paid on its exports to the United States.
AgriSuper, which owns the country’s largest salmon farmer, AquaChile, said in its report for the first half of 2026 that the refunds were for tariffs paid on both its meat (chicken, beef, and pork) and salmon exports to the US in 2025 and the first quarter of this year.
Author: Gareth Moore and Jonathan Garces / fishfarmingexpert | Read the full article here
Aquaculture in Ireland is holding steady in the face of a number of challenges – from the ongoing fallout from Brexit to warming seas and falling salmon prices – but many argue that its capacity to grow is being held back by a licensing system that is no longer fit for purpose
The Business of Seafood 2025 report, published by the seafood development agency Bord Iascaigh Mhara (BIM), provides the most up-to-date snapshot of the state of aquaculture in Ireland.
In total, the seafood sector contributed €1.31bn (£1.11) to Ireland’s GDP in 2025, up 6% on the previous year.
Author: Robert Outram / Fish Farmer | Read the full article here
The platform showcases the work of more than 40 organizations and highlights innovation, sustainability and cooperation projects, including the Bermeo Tuna Forum 2027
Bermeo Tuna has launched its redesigned website, bermeotuna.org, as part of its renewed corporate identity. The platform will increase visibility for the more than 40 organizations linked to the tuna value chain and their innovation, sustainability, training and international cooperation projects. Key initiatives include the Bermeo Tuna Forum 2027, which will bring leading global tuna industry stakeholders together in Bilbao and Bermeo.
The goal is to drive continuous improvement in the shrimp industry
Aker QRILL Company, Edisa, and Milanplastic have joined the Sustainable Shrimp Partnership (SSP) as new Associate Members. Pamela Nath, Director of SSP, acknowledges that this addition "allows us to bring together additional capabilities, expertise, and new perspectives to continue driving continuous improvement in the shrimp industry. We are convinced that collaborative work is the best way to identify opportunities that benefit the entire sector."
With the addition of these companies, SSP continues to expand its network.
Source: iPac.acuicultura | Read the full article here
The freezer trawler *Olupale*—acquired by Nueva Pescanova for its fishing grounds off Walvis Bay, Namibia—is currently undergoing refitting at the Armón Vigo shipyard. It has been renamed *Novanam Three*. Yesterday, the vessel could be seen on the slipway sporting a fresh coat of paint, its new name and home port (Walvis Bay), and the company’s logo prominently displayed on its funnel.
Nueva Pescanova will add the former *Olupale* to the fleet of Novanam, its Namibian subsidiary. The company aims to strengthen its presence in a strategic fishing area with this 59-meter vessel, which features a 900-cubic-meter hold and accommodation for a crew of 66.
Source: La Voz de Galicia | Read the full article here
MAFF Confirms Advance in Japanese Tuna and Skipjack Exports Japan
Category value grew 14.8% year-on-year during the first half of 2026 amidst a general expansion of Japanese seafood trade
The Ministry of Agriculture, Forestry and Fisheries of Japan (MAFF) registere...
2026 Weekly Alaska Salmon Harvest Update #8 United States
Alaska commercial salmon harvest reaches just 36% of forecasted total as of August 1
Cumulative catch continues to trail last season across all five Pacific salmon species, with drastic declines of o...
THAILAND 11_42_15.png)
Thai Union
NEW ZEALAND
New Zealand has fast-tracked approval for the Hananui Aquaculture Project, led by Ngai Tahu Seafood Resources Limited, to develop an open-ocean salmon farm across about 2,500 hectares, located 2–6 km off Rakiura/Stewart Island. The project includes four marine farms, around 80 circular net pens and a production target of up to 14,400 tonnes of salmon per year.The development is expected to strengthen aquaculture production, exports and regional employment. 
INDIA.png)
An Electrical Engineering graduate, Kotikalapudi is involved in a family operation spanning nearly 800 acres, applying a technical approach to pond management, health and feeding. She also shares practical aquaculture knowledge with around 14,000 followers on social media, helping promote more efficient and science-based farming practices.
YEMEN.png)
Yemen estimates direct and indirect losses to its fisheries sector at more than US$15 billion, including around US$2 billion in lost exports and investment. Fish exports dropped from 46,300 tonnes in 2014 to 7,521 tonnes in 2025. In addition, 11 fishing ports and landing centres were affected, while more than 21,600 people lost their main sources of livelihood.
GREECE.png)
Greece is promoting fishing tourism to diversify fishermen's income. The 2021-2027 programme funds vessel upgrades, safety and equipment, while a separate €16 million call supports investments in the professional fishing fleet.The Ministry of Rural Development and Food is supporting these initiatives through the Fisheries, Aquaculture and the Sea Programme 2021-2027, which provides funding for vessel adaptations, equipment purchases and improvements related to safety and hygiene.
NORWAY
Ode
CHILE
Chilean aquaculture and agriculture giant AgriSuper has received approximately US $48 million in refunds of tariffs paid on its exports to the United States.
REPUBLIC OF IRELAND
Aquaculture in Ireland is holding steady in the face of a number of challenges – from the ongoing fallout from Brexit to warming seas and falling salmon prices – but many argue that its capacity to grow is being held back by a licensing system that is no longer fit for purpose
SPAIN
The platform showcases the work of more than 40 organizations and highlights innovation, sustainability and cooperation projects, including the Bermeo Tuna Forum 2027.png)
The goal is to drive continuous improvement in the shrimp industry.png)
The freezer trawler *Olupale*—acquired by
