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IN BRIEF - The Galician ship 'Villa de Pitanxo' that sank in Newfoundland in February 2022 has been located

CANADA
Tuesday, June 06, 2023

The relatives of the 12 sailors who are still missing hope that the judicial expedition can locate a body and clarify the causes of the accident.

Almost a year and a half after the tragic shipwreck of the Galician fishing vessel Villa de Pitanxo in the waters of Newfoundland, where it fished in the middle of a storm, and which only 3 of the 24 sailors of its crew survived, the judicial expedition aboard the ship Ártabro constitución This Saturday the discovery of the wreck at a depth of 750 meters. The location of the ship takes place two days after a metallic structure is seen on the seabed, 400 kilometers from the Canadian island of Newfoundland.

The submarine Rov (unmanned vehicle controlled by remote control) that the search mission is attached to descended this Saturday to try to identify the remains of the shipwreck and has been able to verify that it is the Galician fishing boat that sank on February 15, 2022 in waters Newfoundland with 21 victims, of which 12 are still missing. The Rov's cameras allowed us to record some details of the structure that identify the fishing vessel, including its name.[continue...]

Author/Source: ELISA LOIS/El País


IN BRIEF - Norway Seals Seafood Success in the Chinese Market

CHINA
Tuesday, December 02, 2025

Beijing - China's interest in Norwegian seafood products is booming, as confirmed by Norway's Minister of Fisheries and Ocean Policy, Marianne Sivertsen Næss, during a recent promotional event in Beijing

The Minister met with about 20 journalists from China's most influential media outlets at a Hema Fresh grocery store, a gathering that, according to the Norwegian Seafood Council, reached tens of millions of Chinese consumers.

Record Export Figures

The Chinese market is crucial for the Norwegian fishing industry. "We have exported seafood for more than 10 billion NOK so far this year," Minister Sivertsen Næss highlighted.

  • Salmon: This has been the main driver of growth. Figures from October indicate that the export volume has more than doubled, and its value has increased by 67% year-to-date.

  • Other Products: Demand for other seafood, such as mackerel and shrimp, is also on the rise.

Innovation with Live Streaming

In a strategic move to capitalize on the digital consumption trend, Sivertsen Næss made history by becoming the first Norwegian Fisheries Minister to participate in a seafood live stream in China.

She was present during the launch of Lerøy Aurora's own live streaming channel, a platform that has established itself as a key engine for growth in salmon sales among Chinese consumers.


IN BRIEF - Royal Greenland Welcomes New CEO Toke Binzer

GREENLAND
Tuesday, December 02, 2025

Royal Greenland, Greenland’s largest and most influential company, officially welcomed Toke Binzer as its new Chief Executive Officer on December 1st.

Binzer assumes leadership with a profound understanding of Greenlandic society and the company's crucial role in the nation's economy. "If things go well for Royal Greenland, they go well for Greenland—and vice versa," Binzer stated, acknowledging the "huge responsibility" to secure a significant part of the country's economic future. He looks forward to undertaking this task with employees in Greenland and globally.

A familiar figure in Greenland's business community, Binzer also brings valuable international leadership experience from his time at companies like IBM and TDC.

Royal Greenland's Chairman of the Board, Niels Thomsen, praised this dual background: “Toke has worked at the intersection of strategy, operations and people... experience that will be valuable in Royal Greenland’s continued development." Thomsen emphasized that Binzer’s combination of international experience and local insight makes him uniquely suited to lead the company as both a global market leader and a key contributor to Greenlandic society.

Binzer plans to visit Royal Greenland's global locations in the coming months to meet employees and gain firsthand operational insights.


Other Media | Industrias Pesqueras: The Seabed in the Path to Zero Pollution

EUROPEAN UNION
Monday, December 01, 2025

EU Member States have agreed on new limits for permissible litter on the seabed, a crucial step towards reducing marine pollution. Under the new rules, areas where seabed litter is measured using trawl surveys must not show an increase in the amount of litter over time. In visually monitored areas, there must be no more than one piece of sand per 1,000 square meters. Current assessments will focus on waters to a depth of 200 meters.
 
The Technical Working Group on Marine Litter agreed on these values ??within the framework of the Marine Strategy Framework Directive (MSFD). This initiative supports the Zero Pollution Action Plan and the EU's previous decision to establish a threshold for coastal litter.
 
Source: Industrias Pesqueras | Read the full article here

Other Media | SalmonBusiness: NASF to launch North Atlantic Sustainability Award in Bergen in 2026

NORWAY
Monday, December 01, 2025

NASF to launch new sustainability award as Pareto strengthens role in Bergen.

The North Atlantic Seafood Forum (NASF) has announced the launch of a new North Atlantic Sustainability Award, marking a significant expansion of the conference’s emphasis on long-term environmental and social performance across the seafood sector.

The award is designed to showcase standout efforts within the North Atlantic at a time when sustainability expectations, regulatory requirements and investor scrutiny are converging more sharply than ever. 

Source: SalmonBusiness | Read the full article here


Other Media | Fish Farmer: NZ King Salmon results hit by biological problems

NEW ZEALAND
Monday, December 01, 2025

New Zealand King Salmon, one of the southern hemisphere’s major fish farmers, has reported a loss over the past few months due to biological challenges, including high mortality and low fish weights, which have affected harvest volumes and led to a drop in revenues.

The loss in the eight months to 30 September was NZ $6.3 million (£2.7m) versus a profit of NZ $13.4 million (£5.8m) for the 12 months ended 31 January 2025.The results are the company’s first under a revised 30 September balance date, reflecting a shortened eight-month reporting period.

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


Other Media | Fish Focus: Banco Guayaquil, Kampi, and Kemin AquaScience join the SSP to advance sustainability in the shrimp aquaculture industry

ECUADOR
Monday, December 01, 2025

New players from the financial, technology, and science sectors are joining the Sustainable Shrimp Partnership (SSP) to strengthen innovation and sustainability in aquaculture.

The Sustainable Shrimp Partnership (SSP), a pre-competitive ecosystem committed to raising sustainability standards in the shrimp industry, announces the addition of three new associate members: Banco Guayaquil, Kampi, and Kemin AquaScience.

Through working groups, collaborative projects, and the continuous exchange of technical and operational knowledge, SSP members—companies from across the value chain—work together to identify common challenges, develop shared solutions, and enhance performance across the shrimp industry.

Source: Fish Focus | Read the fullarticle here


Other Media | La Voz de Galicia: Brussels expects the EU fleet to close 2025 with a profit of €567 million

BELGIUM
Monday, December 01, 2025

It will surpass the profitability of the previous two years, according to the European Commission
 
The European Commission (EC) forecasts that the European Union (EU) fishing fleet will achieve an operating profit of €567 million in 2025, according to a report published by the Commission on Friday. Brussels indicated in a statement that this figure shows "a positive trend" and exceeds the results of 2023 and 2024.
According to the report, the positive economic trend is being driven by progress towards achieving "sustainable" fish stocks, adjustments in fishing capacity, and the drop in fuel prices and consumption.
 
Source: La Voz de Galicia | Read the full article here

Other Media | MundoAcuicola: Blumar Reports Year-on-Year Increase Driven by Higher Aquaculture Volume in Q3

CHILE
Friday, November 28, 2025

Blumar reported its consolidated financial results for the third quarter of 2025, a period marked by the recovery from events that occurred in 2024, such as the algal bloom, the fire at the salmon processing plant in Magallanes, and the delayed sardine and anchovy season. These effects explain the significant year-on-year variations in revenue, EBITDA, and accumulated profits at the consolidated level.
 
As of September 30, 2025, consolidated revenue reached US$568.7 million, representing a 30% increase compared to the same period of the previous year. Pre-fair value EBITDA totaled US$82.2 million, 22% higher than the accumulated figure for 2024.
 
Source: MundoAcuicola | Read the full article here

Other Media | WorldFishing: China’s shrimp imports stabilise after slow start to year

CHINA
Friday, November 28, 2025

China imported 742,758 tonnes of shrimp in the first 10 months of 2025, with the total representing a 1% decrease on the corresponding period of last year – largely due to a sharp contraction in January, confirms new industry analysis from Shrimp Insights. 

The organisation notes the volume slump was gradually offset by steady growth from February through August. Monthly imports peaked in July at 90,683 tonnes (+10% year-on-year) before easing to +1% in September and flattening completely in October.

 Source: Worldfishing |  Read the full article here


Other Media | SalmonBusiness: Mowi raises $441 million in green bond deal

NORWAY
Friday, November 28, 2025

Mowi has issued NOK 4,500 million ($441 million) in new senior unsecured green bonds across two tranches, following its stock exchange notice

The company placed NOK 3,500 million ($343 million) in five-year floating-rate notes at 3-month Nibor plus 1.10 percent, and NOK 1,000 million ($98 million) in five-year fixed-rate notes at 4.95 percent. The full amount, including coupons, will be swapped into floating-rate euro exposure. Mowi said the transaction was well oversubscribed.

Source: SalmonBusiness |  Read the full article here


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