IN BRIEF - Majority of seafood exports taking full advantage of FTA benefits
NEW ZEALAND
Wednesday, September 11, 2024
Seafood New Zealand and Aquaculture New Zealand have been collaborating with the Ministry of Foreign Affairs and Trade (MFAT) to address concerns that New Zealand's seafood exporters might not be fully utilizing the tariff reductions or eliminations available under various free trade agreements (FTAs).
"We have conducted a thorough review of trade data and are pleased to report that any issues in this area are relatively minor. In fact, it appears that the majority of our seafood exports are successfully entering their markets with the benefits provided by FTAs."
There are a few exceptions in certain specialized product lines (such as extracts and powders) and niche markets where preferential tariff treatment has not always been claimed. Seafood New Zealand and Aquaculture New Zealand are now ensuring that relevant exporters have the necessary information to enable their importers to fully utilize the available preferential tariff treatments.
It is important to note that it is the importer, not the exporter, who claims these benefits. However, New Zealand exporters may be able to negotiate better prices with their importing agents by leveraging the tariff-free status that the FTAs provide.
Norway, the UK, the Faroe Islands, and Iceland have just signed a new long-term agreement for the management and distribution of the mackerel stock. This comes in a context where the EU has agreed to a 70% reduction in the quota for the species, pending an agreement with the coastal states.
"I am extremely pleased that we have signed a new long-term agreement for the management and distribution of the mackerel stock. The agreement will contribute to limiting mackerel fishing and, therefore, to reducing fishing pressure in the long term," said the Minister of Fisheries and Oceans, Marianne Sivertsen Næss. She also welcomed Iceland's participation in the agreement.
Source: Industrias Pesqueras | Read the full article here
IFFO reports higher fishmeal and fish oil output through October 2025.
Global fishmeal and fish oil production increased year on year in the first three quarters of 2025, according to updated market intelligence from IFFO, the Marine Ingredients Organisation.
IFFO said cumulative fishmeal production reported by its members was up around 7% versus the same period in 2024 by October 2025, with higher output recorded across most regions. The organisation noted a year on year decline in the Iceland and North Atlantic area.
Source: SalmonBusiness | Read the full article here
Norway and UK company Aquaservice AS, which supplies HDPE products to the aquaculture sector, has achieved the ISO 9001:2015 international standard for quality management, it has announced.
“The process has been long and instructive. It has been important for us to stress test, adapt, and adjust our systems and routines throughout this process, with solid results,” said Kristian Dyrhaug at Aquaservice.
Source: fishfarmingexpert | Read the full article here
Salmon producer Bakkafrost is set to appeal a decision by Western Isles local authority Comhairle nan Eilean Siar to refuse consent for a new fish farm on the east coast of Lewis.
Earlier this month councillors went against the recommendation of planning officials and rejected the proposal for five 200m (656ft) circumference pens at a site off North Gravir.
Concern had been voiced about the potential impact of the farm on historically important and economically productive fishing grounds.
Salmon farmers are poised to take advantage of a new free trade deal between the UK and South Korea, which is expected to provide a boost to Scottish exports.
The deal secures permanent tariff-free access for UK goods to the market, and follows high-level talks between the UK and South Korean governments. Scottish salmon exports to South Korea rose more than tenfold from £214,000 in 2015 to £2.25 million in 2019 before trade was hit by the global pandemic.
The INEI attributes the 3.62% year-on-year growth in October to the boost from fishing and mining, with a strong rebound in fish processing.
The Peruvian economy once again relied on its traditional engines to accelerate its growth. In October, the country's economic activity grew by 3.62% year-on-year, a sustained advance driven by the improved performance of sectors such as fishing, mining, and hydrocarbons, according to data released by the National Institute of Statistics and Informatics (INEI).
International experts in one of the marine economy’s most promising fields gathered in Riga, Latvia last week for AlgaEurope 2025.
The AlgaEurope conference, held over 9-12 December, was dedicated to exploring the latest academic research and commercial possibilities in algae biomass.
Riga welcomed 382 delegates from 38 countries and 236 organisations, reflecting sustained global engagement from the algae community.Jointly organised by the European Algae Biomass Association (EABA) and DLG Benelux, the conference continued to build on its reputation as a pivotal gathering for experts across science, technology, and industry.
The salmon farming company signed an agreement to use biogenic liquefied gas, reducing CO2 emissions in its logistics operations from the Los Lagos region.
With the signing of an agreement with Transportes GLA and Lipigas for the use of biogenic liquefied gas (BIO-LNG), Cermaq Chile became the first company in the national aquaculture industry to incorporate fuels from renewable sources into its land transport operations.
The milestone was reached at Cermaq Chile's processing plant in Quemchi, with the presence of the mayor of the municipality, Javier Ugarte, and the collaboration of the Center for Transportation and Logistics of Andrés Bello University.
Tiemenguan, Xinjiang – A full-chain layout for the salmon industry is injecting fresh economic vitality into the edge of the Taklamakan Desert.
At the salmon aquaculture base near the Shimen Reservoir in Nantung Town, 38th Regiment, of the Xinjiang Production and Construction Corps' Second Division, workers are actively conducting sample checks on the growing salmon.
Located at the foot of the Kunlun Mountains, Nantung Town benefits from the unique natural conditions provided by the winding Karamilan and Moleche rivers, creating an ideal foundation for specialized aquaculture.
Kunyue Aquaculture Co., Ltd. in Tiemenguan City has invested over 10 million yuan (approx. $1.4 million USD) in the project, with the base currently housing 130,000 salmon fry.
The company is focused on building a comprehensive "Aquaculture + Processing + Cultural Tourism" integrated industry model. This includes the planned construction of a salmon processing plant and a salmon-themed experience hall. This strategic expansion aims to widen the value-added space, drive employment, increase local income, and support the optimization and upgrading of the region's industrial structure.
Nordic Aqua Partners completes Chinese equity investment and refinancing package.
Nordic Aqua Partners has completed a co investment deal into its Chinese subsidiary, Nordic Aqua (Ningbo) Co., Ltd., alongside a refinancing of the subsidiary’s long term debt, in a move the company said strengthens the capital structure and provides longer term funding visibility for its next growth phase.Under the co investment agreement, Ningbo Ocean Development Group Co., Ltd. and Xiangshan Strait Economic and Technological Cooperation Co., Ltd., two Chinese state owned entities, have invested a combined RMB 300 million for a 20% stake in Nordic Aqua Ningbo. Nordic Aqua Partners said it remains the majority owner.
Source: SalmonBusiness | Read the full article here
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NEW ZEALAND
In a 
WORLDWIDE
Norway, the UK, the Faroe Islands, and Iceland have just signed a new long-term agreement for the management and distribution of the mackerel stock. This comes in a context where the EU has agreed to a 70% reduction in the quota for the species, pending an agreement with the coastal states.
NORWAY
Norway and UK company Aquaservice AS, which supplies HDPE products to the aquaculture sector, has achieved the ISO 9001:2015 international standard for quality management, it has announced.
UNITED KINGDOM.png)
Salmon producer 
Salmon farmers are poised to take advantage of a new free trade deal between the UK and South Korea, which is expected to provide a boost to Scottish exports.
PERU
The INEI attributes the 3.62% year-on-year growth in October to the boost from fishing and mining, with a strong rebound in fish processing.
LATVIA.png)
International experts in one of the marine economy’s most promising fields gathered in Riga, Latvia last week for AlgaEurope 2025.
CHILE
The salmon farming company signed an agreement to use biogenic liquefied gas, reducing CO2 emissions in its logistics operations from the Los Lagos region.
CHINA
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Nordic Aqua 
