IN BRIEF - Putin signed a law accelerating the receipt of tax deductions for fishermen
RUSSIAN FEDERATION
Wednesday, February 28, 2024
Russian President Vladimir Putin signed a law allowing for faster receipt of tax deductions for fees for the use of aquatic biological resources.
Changes to the Tax Code of the Russian Federation will make it possible to apply the deduction not a year after the development and processing of aquatic biological resources, but after the extraction or catching of aquatic biological resources and the production of products with high added value from them. At the same time, funds within the established amount of the deduction will be retained in the circulation of fish producers - payers of the collection.
Vladimir Putin and Sergei Mitin
“Companies could receive such a deduction only in the third year after processing the catch. Now this period will be shortened. It will be possible to apply for the deduction based on the results of the extraction and processing of biological resources and apply it when applying for the next permits. The transfer of unused deductions to the next year also continues,”Sergei Mitin, First Deputy Chairman of the Federation Council Committee on Agricultural and Food Policy and Environmental Management, commented on the document.
In addition, restrictions on the one-time use of the deduction within 2 years by fee payers are eliminated. And the period for applying the deduction is 2 calendar years, according to the new law.
Yesterday morning maritime authorities in the Aysén region of Chile received a report that the wellboat Vali had run aground after hitting rocks
At the time, the vessel - operated by Naviera Detroit Chile - was carrying out work for the Serrano fish farm at Isla Verdugo, about 18 nautical miles southeast of Melinka in the Aysén region.
According to the Chilean Navy, the 63-metre-long vessel began taking on water after the grounding.
Source: fishfarmingexpert | Read the full article here
The European Parliament's Fisheries Committee backed Carmen Crespo's proposal by 21 votes to 4.
It calls for at least 180 fishing days annually, greater flexibility for mixed fisheries, socioeconomic criteria and revised red shrimp management to protect fleet viability.
New limits and restrictions take effect October 15.
The rules cap bycatch at 10% per haul (5% for shrimp). Exceeding these limits triggers a 60-hour fishing ban within 5 nautical miles.The regulation also protects corals, sponges and crabs, bans shark finning, and strengthens sampling, reporting and landing requirements.
Lerøy Seafood Group has introduced poultry byproducts into feed at all its offshore salmon farms, while Mowi is preparing to adopt similar ingredients at its operations in Norway and Scotland.
The developments were reported by the Financial Times on Thursday, which said Europe's largest salmon producers are turning to processed chicken byproducts as rising fishmeal prices increase pressure on feed costs.
Grieg Seafood introduced chicken meal and oil in July, while SalMar began testing poultry-based feed in March, according to the newspaper.
Fishmeal prices have almost doubled over the past two years
Source: SalmonBusiness | Read the full article here
Record ocean warming, declining anchoveta stocks and fishing restrictions threaten jobs, exports and global aquaculture supplies.
The 2026 Super El Niño has severely disrupted Peru's anchoveta fishery.
The Central Bank forecasts a 30.7% contraction and 78,000 job losses, while fishmeal prices have reached US$3,500/tonne, increasing costs for global aquaculture.The vast majority of the anchoveta industry is concentrated off the coast of north-central Peru, and it is hard to overstate how economically significant this fish is
Nearly 200 Vietnamese aquaculture stakeholders have met in Can Tho to discuss certification changes and prepare for ASC’s new Farm Standard
The Aquaculture Stewardship Council (ASC) is stepping up support for Vietnam’s aquaculture industry as producers prepare to transition to its new Farm Standard.
Almost 200 producers, processors, exporters and other industry stakeholders gathered at an event in Can Tho to discuss implementation challenges, understand the new requirements and seek practical guidance from ASC experts.
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