The CJEU has ruled that Irish legislation criminalising breaches of fisheries controls is not incompatible with EU law. The Court of Justice of the European Union has dismissed ClientEarth's appeal for access to European Commission documents on fisheries control in France and Denmark.

The European Court of Justice will hear from Friends of the Irish Environment who claim there is an 'international obligation' to end overfishing by 2020 The Advocate General of the Court of Justice of the European Union has issued her opinion in Case C-330/22, the Irish overfishing case.

ClientEarth, a non-profit environmental law organisation, requested access to European Commission documents on the implementation of fisheries control measures in France and Denmark.

The case, C-249/23 P, arose from ClientEarth's request under Regulation (EU) No 1049/2001, which regulates public access to EU documents. ClientEarth requested information related to the application of Regulation (EC) No 1224/2009, which ensures compliance with the European Union's fisheries policy.

Source: EuropaAzul

With the aim of promoting healthy eating among young university students, Anfaco-Cecopesca, in collaboration with the Consellería do Mar, has launched an initiative called “La Matriculata”.

Through this initiative, the food truck “Cata la lata” will tour the main university campuses in Galicia, offering free tastings of canned fish and seafood. The fundamental purpose of “La Matriculata”, Anfaco-Cecopesca emphasises, is to raise awareness among university students about the importance of having a balanced diet

Source: Ipac | Read the full article here

Another successful week for mackerel fishing, with Faroese vessels also making progress in the Northeast Atlantic, reports Norges Sildesalgslag.

The mackerel fishing season continues to yield strong results, with over 30,000 tonnes of mackerel reported through the Norwegian Sildelaget in the past week. The peak day was Friday, when more than 9,000 tonnes were recorded. The favourable conditions at sea last week contributed significantly to the successful catches.

Author: Oliver McBride / TheFishingDaily | Read the full article here

This week, the marine science community will descend on the northeast of England, turning Gateshead into a marine science hub for one week. This year’s Annual Science Conference (ASC) –  9–12 September 2024 – brings together leaders in the marine science world for an in-depth exploration of current challenges and advancements. Excitement is building for what promises to be a?? successful week of science, dynamic discussions, and valuable networking opportunities in Gateshead, UK.

Source: FishFocus | Read the full article here

Seakura has demonstrated that seaweed farms can be used as biological filters to absorb pollutants from desalination plants and ports.

Efrat Lev, who’s been CEO of the Israeli firm since January, explains why the company has pivoted its business from growing seaweed for the food sector to this innovative new use.

While her original background is in PR, Lev decided to join the seaweed sector after her own tech startup lost key personnel in the wake of the 7 October attacks in Israel and was unable to continue.

Author: Rob Fletcher / TheFishSite | Read the full article here

Somalia has unveiled new standard operating procedures (SOPs) for licensing tuna-fishing vessels operating within the country’s nearly 1.1-million-square-kilometer exclusive economic zone, and for domestic fishing companies seeking registration, as the government seeks to align its permit-issuance process with international maritime laws and sustainable fishing practices.

This government-driven licensing and registration plan, if implemented as planned, aims to support Somalia in reducing incidents of illegal activities committed by semi-industrial and industrial vessels

Author: Shem Oirere / SeafoodSource | Read the full article here

In July 2024, Vietnam's fish cake and surimi exports continued to decline. The export value reached just over 24 million USD, down 3% over the same period. In the first 7 months of 2024, the export value of this product group reached 152 million USD, down 13%.

Among more than 35 markets, South Korea, Thailand, China, Japan and the EU are the five largest importers of Vietnamese fish cakes and surimi, accounting for more than 78% of total export turnover. Compared to the same period in 2023, exports to these markets, except the EU, all decreased compared to the same period.

Click on the imagen to enlarge

According to businesses, fish cake and surimi exports are still in a difficult period because the IUU yellow card issue has delayed the confirmation and certification of exploited seafood for production and export. Businesses lack domestic raw materials and face difficulties with imported raw materials due to regulations related to IUU... All of these factors are hindering the recovery of the Vietnamese fish cake and surimi industry.

At the same time, the growing volume of pollock surimi in the already weak global market is a challenge for surimi companies. It is likely that in the next few years, pollock surimi will dominate the tropical fish market unless there is a recovery in consumption demand. This can only happen if new markets are created.

Author/Source: Nguyen Ha/VASEP

As of September 6, 2024, South Korea imported 16,945 tons of fresh salmon, representing a 1% decrease from the 17,167 tons imported during the same period in 2023. The total import value also declined by 12%, falling to USD 242.97 million from USD 276.46 million in 2023.

Norway remains the leading supplier, accounting for 96.48% of imports with 16,299 tons. Chile ranked second, providing 414 tons (2.45%), followed by Canada with 90 tons (0.53%).

Regarding import prices, Norwegian salmon fetched the highest price at USD 13.92 per kilogram, while Chilean salmon was priced at USD 12.32 per kilogram. Canadian salmon was the most economical option at USD 12.23 per kilogram.

Source: Union Forsea Corp.

In Russia, prices for salmon caviar reached 5.8 thousand rubles per kilogram in July of this year. This is 7% lower than in July 2023, when the cost of a kilogram of red caviar reached 6.3 thousand rubles, according to EMISS data.

Since the beginning of the year, caviar prices have fallen slightly - by only 0.8%.

Prices for red caviar are falling despite the decline in salmon production this year. According to estimates by the Federal Agency for Fisheries, the volume of salmon catch will fall by half compared to the previous record year and will amount to 250–260 thousand tons (in 2023 — 609 thousand tons).

According to the results of last year, Russia produced about 25 thousand tons of red caviar, which is almost 1.5 times higher than the annual consumption of this product in the country.

Against the backdrop of growing production volumes of red caviar in Russia, the price of this product also began to decline. In September 2023, it fell by 0.6%, in October - by another 2.5% compared to the previous month, and in November, for the first time since the beginning of the year, it fell below 6 thousand rubles per kg.

Barramundi Group Ltd (“the Company”) (EURONEXT: BARRA) – Reference is made to the stock exchange notice dated 19 September?2023 regarding the Company’s former Australian operations, and the stock exchange notice dated 28 February 2024 regarding progress on financing of the Company’s operations in Brunei.

The resolution of the Australian operations and the meeting of immediate financing requirements in the Brunei operations marked key milestones in the critical restructuring of the Group’s subsidiaries.

Further to its restructuring efforts at the subsidiary level, the Company is now working with its financial advisors, KordaMentha Pte Ltd (“KordaMentha”), to implement a comprehensive restructuring scheme at the holding company. Their expertise will be instrumental in guiding the Company through the process of solidifying a restructuring plan that is aimed at securing the financial sustainability of the Company.

While the specifics of this restructuring is being fine-tuned, it is expected to materially affect the value of the Company’s shares.

The Company is committed to working closely with KordaMentha to finalize a strategy that will lead to a best possible outcome for all stakeholders.

Further updates will be provided as the restructuring process progresses.