Other Media | SeafoodSource: BioMar nets record revenue, earnings in 2023
NORWAY
Monday, March 04, 2024
Aquaculture feed manufacturer BioMar reported record revenue and earnings before interest, taxes, depreciation, and amortization (EBITDA) in FY 2023, surpassing its own guidance to the market.
The company achieved revenues of DKK 17.9 billion (USD 2.6 billion, EUR 2.4 billion) in FY 2023, up slightly from the DKK 17.8 million (USD 2.5 billion, EUR 2.3 billion) it posted last year. Over the same period, the company posted an EBITDA of DKK 1.25 billion (USD 181 million, EUR 167 million), up from DKK 1.01 billion (USD 146 million, EUR 135 million) and marking an increase of 26 percent across consolidated companies and joint ventures.
Author: Chris Chase / SeafoodSource | read the full articlehere
The EU is opening 12 duty-free import quotas for Norwegian seafood from 1 January 2025. The quotas provide increased export opportunities for products from both the fishing industry and aquaculture.
In parallel to negotiations on new EEA funds, Norway and the EU negotiated market access for Norwegian seafood. The agreement covers the period from 1 May 2021 to 30 April 2028 and entails that the EU will open 12 time-limited duty-free import quotas for Norwegian seafood.
A lengthy negotiation process and procedures set up for the approval of the agreement have meant that it has taken time before the industry has been able to put the quotas into practice. The agreed quota volume covering the period from 1 May 2021 to the opening of quotas on 1 January will be distributed over the remaining period of the agreement until 30 April 2028.
If the quotas are not fully used, it will be possible to draw on the remaining volume accumulated until 30 April 2030, or until a possible new agreement is reached.
Eight companies investigated and 62 arrested since 2021 in a network that sold uncleaned clams from Portugal in Spain
An international operation against poaching has stopped the sale of 30 tons of contaminated bivalve shellfish, mostly Japanese clams, destined for the Spanish market, where it entered uncleaned and, therefore, with a risk of food poisoning. Six tons of elvers have also been seized and a network of illegal trafficking of eel fry has been dismantled.
Source: La Voz de Galicia l Read the full article here
La Sirena Alimentación S.A.U. has added two new references of own-brand langoustines with Marine Stewardship Council (MSC) certification for sustainable fishing to its assortment. "It is the first product under a distributor's brand in the Spanish market that comes from the only langoustine fishery certified by the non-profit organization MSC," says the company.
These langoustines, which are sold under the La Sirena brand in 800 g net recyclable cardboard boxes, are caught in the waters of the Northeast Atlantic Ocean, specifically in the Skagerak and Kattegat straits (in FAO 27). The processing room is specialized in langoustines and is also located just 30 m from the port where the product is received daily. Much of the process is manual, so it is truly artisanal production.
Source: Industrias Pesqueras l Read the full article here
Norwegian seafood industry faces unattainable climate goals without major overhaul, report finds.
The Norwegian seafood sector will be unable to meet its 2040 climate goals due to inadequate infrastructure for transitioning from fossil fuels to renewable energy, according to a report by research institute Sintef.
The findings highlight significant barriers to electrifying the industry, which relies heavily on diesel for vessels, fish farms, and processing plants.
Source: SalmonBusiness l Read the full article here
Chilean fishing and salmon-farming firm Blumar cut its losses year over year in the third quarter of 2024, but still remained in the red.
In response to several straight periods of poor performance, the company has continued pursuing a process to transform its business operations.
During Q3 2024, Blumar’s total revenues amounted to USD 138 million (EUR 132 million), down 9 percent from the USD 152 million (EUR 146 million) the company earned in the third quarter of 2023.
Author: Christian Molinari / SeafoodSource l Read the full article here
Fish products and marine ingredients heavyweight Pelagia has formed a new department to offer more comprehensive sludge solutions to the aquaculture industry, it has announced.
Following Pelagia’s purchase of Blue Ocean Technology and subsequent merger of the companies, the technology and development expertise is now gathered in Pelagia's new Blue Ocean Solutions department. Pelagia said this is an important step towards delivering services ranging from collection and processing, to storage, logistics and better resource utilisation of sludge.
Source: fishfarmingexpert l Read the full article here
The 2024 Peruvian anchovy fishing season is showing remarkable progress, with total catch volumes projected to reach an unprecedented 4.6–4.7 million tonnes—double the figures recorded last year.
Since the second half of the fishing season began in November, 1.37 million tonnes of anchovies have been landed, accounting for 54.6% of the annual quota. However, concerns are rising as juvenile catches near the 151,000-tonne limit, potentially prompting an early closure of the season and impacting preliminary contractual obligations.
Despite this, the market outlook remains strong. Approximately 450,000 tonnes of fishmeal have already been pre-sold for the current season, covering 75–89% of the anticipated production. This robust pre-sale activity underscores continued confidence in Peru’s anchovy sector, despite environmental and regulatory challenges.
The last French factory of the Saupiquet brand will cease its activity on Friday, December 20, with 152 layoffs.
But the negotiations for the departure of the employees went well, according to the CFDT, reports Franck JOURDAIN from Le Marin.
The last Saupiquet factory in France, located in Quimper in Finistère, will close on Friday, December 20 and 152 jobs will be cut, in accordance with what its owner, the Italian group Bolton Food , announced on June 11. The last temporary workers (70 work at the factory on average) will leave on Thursday evening. Friday will not be easy because there is a family atmosphere in the company , concedes Valérie Bonder, CFDT union representative.
Shrimp exports in the first 11 months of 2024 brought in nearly 3.6 billion USD, up 22% over the same period last year. Exports to major consumer markets all recorded double-digit growth.
The General Directorate of Fisheries and Aquaculture Management has accepted the reopening of red shrimp fishing in the fishing grounds on account of the 2025 quota and to apply the consumption made on an "individual" basis to each boat, as requested by the Catalan Federation. The resolution will be applicable from midnight on Thursday, the date on which the fishing grounds were scheduled to close due to having exhausted this year's quota.
The measure had generated much unrest in the fishing sector, already severely punished, and put the Christmas campaign at risk, where shrimp is one of the "star" products.
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NORWAY 09_06_50.png)
Aquaculture feed manufacturer .png)
The EU is opening 12 duty-free import quotas for Norwegian seafood from 1 January 2025. The quotas provide increased export opportunities for products from both the fishing industry and aquaculture.
SPAIN
Eight companies investigated and 62 arrested since 2021 in a network that sold uncleaned clams from Portugal in Spain.jpeg)
CHILE
Chilean fishing and salmon-farming firm 
Fish products and marine ingredients heavyweight Pelagia has formed a new department to offer more comprehensive sludge solutions to the aquaculture industry, it has announced.
PERU
The 2024 Peruvian anchovy fishing season is showing remarkable progress, with total catch volumes projected to reach an unprecedented 4.6–4.7 million tonnes—double the figures recorded last year.
FRANCE
VIET NAM.jpeg)
The General Directorate of Fisheries and Aquaculture Management has accepted the reopening of red shrimp fishing in the fishing grounds on account of the 2025 quota and to apply the consumption made on an "individual" basis to each boat, as requested by the Catalan Federation. The resolution will be applicable from midnight on Thursday, the date on which the fishing grounds were scheduled to close due to having exhausted this year's quota.
