Other Media | SeafoodSource: Thai Union’s Q3 2022 sales, net profit set record
THAILAND
Thursday, November 03, 2022
Thai Union posted all-time highs for quarterly sales and net profit in the third quarter of 2022, mainly due to the better performance of its core businesses and its pet care and value-added operations.
Thai Union’s sales between July and September surged 14.7 percent year-on-year to THB 40.76 billion (USD 1.08 billion, EUR 1.09 billion) on higher selling prices, rising sales volumes, and favorable foreign exchange, the company said in its Q3 results, released 2 November.
Author: Toan Dao / SeafoodSource | Read the full articlehere
The change of the meshes of the trawl nets is pending a final agreement between Moncloa and the Mediterranean autonomous communities, a matter of life or death for the 565 vessels that are part of this fishing fleet that ended 2024 with a strong cold shower from the European Commission.
The Fisheries Ministers of the Twenty-seven gave the green light on December 11, during the last Council of Ministers of 2024, to a 'cut' of 79% in fishing days, reducing from 130 to only 27 days on average those that can be fished from January 1 of this year.
The United States and the European Union are world leaders in fish production and trade, and their respective fisheries management systems differ in several significant aspects. The results are also: without a landing law as strict as the European one, and with less public aid to the sector, US fisheries management is more effective, at least in terms of the percentage of fisheries at overexploitation level.
According to data from the latest FAO SOFIA report, in 2022 the United States managed 506 fish stocks. The country represents 5.3% of the world's fisheries, ranking among the top six world producers. Fishing generates 2 million jobs.
Source: Industrias Pesqueras l Read the full article here
As ever, the organisers of Irish Skipper Expo continue to follow the motto, Your Industry Your Show, taking great strides to evolve the show in a way that reflects the changing nature of the industry while also catering to the needs of our exhibitors and visitors.
With the announcement that the Irish Skipper Expo will now run every two years, this year’s exhibition is widely anticipated across the industry, with virtually every type of equipment and support services represented.
Taking place on Friday 21st & Saturday 22nd March at UL Sport Limerick, this year’s show is sponsored by the Bord Iascaigh Mhara (BIM) and Arachas Corporate Brokers will mark 20 years since the first Irish Skipper exhibition
Norwegian salmon farmer Lerøy has estimated that around 15,000 salmon escaped from its Sandholmane site in Aukra municipality site earlier this month, it announced a press release yesterday.
On January 5, during a routine inspection, damage to a net was discovered at the site, and the farm's contingency plan was immediately implemented. The company states that nets were deployed to reduce potential consequences, and a dialogue has been established with relevant authorities and stakeholders, including the Directorate of Fisheries.
Source: fishfarmingexpert l Read the full article here
Aquaculture technology AKVA group has landed an approximate €20m (£17m) technology contract with the Icelandic fish farming company Laxey.
The deal centres on module 2 and “Reuse” technology (also known as hybrid flow-through) for Laxey’s salmon grow-out facility on the Westmann Islands in Iceland.
Reuse is the name given to the on-growing technology used from the smolt stage to fully grown salmon of 6-7 kg ready for harvest. The system constantly exchanges 30% of the system volume with new water, compared to RAS shifting only 1%.
Author: Vince McDonagh / Fish Farmer l Read the full article here
Showcasing Sustainable Seafood: Protecting Health and Ocean Resources for Generations to Come
Maruha Nichiro Corporation (Headquarters: Koto-ku, Tokyo; President and CEO: Ikemi Masaru) will participate in the "Living with Food" event, a platform for exploring the future of food in Japan. Organized by Mitsui Fudosan Co., Ltd. and Discover Japan Co., Ltd., the event will take place over ten days, from January 10th (Friday) to 19th (Sunday), 2025, at Tokyo Midtown Hibiya (Chiyoda-ku, Tokyo).
As part of its medium-term management plan, “MNV 2024: Creating the Future of the Ocean and Life,” Maruha Nichiro has identified "creating health value and providing food that supports sustainability" as a key priority. At the event, the company will highlight two significant initiatives:
Promoting Health through Canned Blue Fish Products:
Maruha Nichiro will showcase the benefits of its canned blue fish products, emphasizing their potential to address contemporary health challenges. These nutrient-rich offerings are designed to support well-being while appealing to modern dietary needs.
Advancing Sustainable Seafood Practices:
The company will also present its efforts in promoting certified sustainable seafood—products that prioritize both environmental and social responsibility. These initiatives align with global sustainability goals, ensuring the long-term health of ocean ecosystems while meeting consumer demand.
The Ministry of Production (PRODUCE) reported that Manufacturing GDP grew 6.7% in November 2024, accumulating five months of uninterrupted progress; it would have also contributed S/6,730 million (at constant prices) and contributing 13.3% to the national GDP.
“The growth recorded by the Manufacturing sector in November 2024 is mainly due to the notable increase in the primary industry (fishery products and metal refining). Likewise, it was favored by the growth of the non-primary industry (consumer goods, capital goods and industrial services),” said the head of PRODUCE, Sergio González.
In this way, in the cumulative period from January to November 2024, manufacturing industrial production grew by 3.2% compared to the same period in 2023.
This result would be associated with the greater activity of industrial fishing in the second quarter; favored by oceanographic conditions. Also, the recovery of domestic demand around 3.5% and industrial exports (+10.9%) had an impact.
It should be noted that, regarding the contribution of primary manufacturing, in November 2024 it experienced a notable increase of (+18.1%), driven mainly by the greater production of the fishery products industry (+32.1%) attributable to greater availability of raw materials.
It has been discovered that the Far East Crab Catchers Association (CCA, Vladivostok), which is made up of crab producers in the Russian Far East, has suspended its certification from the Marine Stewardship Council (MSC).
The suspension has been made for all three types of crab that are subject to certification: red king crab, blue crab, and snow crab (Opilio species). As the association was the only one in the Far East to have been certified for the Opilio species, from now on, no certification for Opilio species from the Far East will be available.
The association obtained certification for the three species on October 12, 2023. The suspension comes after MSC announced in 2024 that it would suspend certification for the three species.
Launched in October, France Terre de Pêches brings together seven producer organizations: OP du Sud, Les Pêcheurs de Bretagne, Orthongel, From Sud-Ouest, From Nord, Sathoan and OP de La Cotinière, which represent 1,000 fishing companies and 5,500 fishermen, reports Vincent Schumeng from Produit de la Mer.
The aim is to promote French fishing in all its aspects. "The French don't know much about fishing," says the coalition's spokesperson, Perrine Cuvilliers - who is also the general secretary of OP du Sud. "We want to show that our fishing is beautiful and diverse, and to break down preconceived ideas."
The coalition's messages, particularly via its online media, will focus on good practices for fishermen but also on the challenges facing the profession: modernizing the fleet, recruiting young fishermen, etc. "We want to dust off the image of the fisherman and show the importance of this sector in food sovereignty,"concludes Perrine Cuvilliers.
Defending fishing means ensuring that there will be French fish on the shelves. Note that this coalition of POs has no legal status, so funding is collective.
Since 2023, when Mowi joined forces with El Corte Inglés with the aim of continuing to strengthen its presence in the Spanish market by investing in innovative shopping experiences as an easy and quick solution to introduce top-quality salmon into the diet, the Norwegian company has carried out various initiatives to promote its products among consumers.
The latest of these initiatives comes from new unconventional sales points at El Corte Inglés in Sotogrande in Cádiz and at El Capricho in Marbella “so that their customers can enjoy a unique shopping experience, which highlights the company's track record, its firm commitment to sustainability and its integrated value chain, which seeks the highest quality, flavour and freshness of the products”
Source: iPac.acuicultura l Read the full article here
China's Deep-Sea Squid Price Index 2024: Operational Research Report China
Index Performance
In 2024, China's ocean squid price index demonstrated significant overall growth, with only slight declines in January, May, July, and November. The index reached its highest histor...
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