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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).

In a recent press release, Seafood New Zealand stated:

"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.


IN BRIEF - Proximar Confirms First Slaughter Date and Secures Loan

NORWAY
Wednesday, September 18, 2024

Proximar Seafood AS has announced the confirmation of its first slaughter date, set for September 30, marking a significant milestone for the company. The land-based salmon farming company is developing a state-of-the-art facility near Mount Fuji, Japan, to serve the growing demand for fresh salmon in the region.

In addition, Proximar has secured two new loan agreements totaling 1 billion Japanese yen (approximately NOK 75 million or USD 7.07 million). The loans will provide the company with working capital and act as a liquidity buffer to support its operations as it moves forward with production.

These developments reflect Proximar's steady progress toward becoming a key player in land-based aquaculture in Asia.


IN BRIEF - Vietnam's fishery exports up 20 pct in August

VIET NAM
Wednesday, September 18, 2024

HANOI (Xinhua) -- Vietnam earned 953 million U.S. dollars in August from exporting fishery products, up nearly 20 percent over the same period last year, local media reported Monday, citing the Vietnam Association of Seafood Exporters and Producers (VASEP).

Apart from squid and octopus, of which export turnover decreased by 15 percent, the exports of most of Vietnam's key fishery products reported double or triple-digit growth in August.

Shrimp exports rose by 30 percent, pangasius by 18 percent, tuna by 13 percent, and other marine fish by 12 percent.

The value of Vietnam's fishery exports in the first eight months of 2024 was estimated at 6.3 billion dollars, up 9 percent year on year, said the report.

According to the association, Vietnam saw a gradual recovery of seafood exports during the first eight months of this year, both in terms of demand and price.

The association expects that seafood exports for 2024 will be at 9.4-9.5 billion dollars, up 6 percent compared to 2023.


IN BRIEF - Fisheries Development Oman to Vitrine Omani Seafood at VII Global Fishery Forum & Seafood Expo Russia 2024

OMAN
Tuesday, September 17, 2024

Muscat: Fisheries Development Oman (FDO) announced its participation in the Seventh Global Fishery Forum & Seafood Expo Russia, scheduled from September 17–19, 2024, in St. Petersburg. This prestigious event provides FDO and its subsidiaries with a unique platform to showcase Omani seafood products, services, and investment opportunities to the global industry. It also facilitates engagement with thousands of businesses, key buyers, and investors, enabling FDO to expand its market reach.

The Expo will host over 400 companies from 34 Russian regions and 14 countries, spanning 26,000 square meters of exhibition space. With 139 industry experts set to speak, the event is a vital convergence of leaders, traders, and retailers from the seafood sector.

Muneer Al Muneeri, Chairman of FDO, stated: "As a group leader in Oman’s fisheries and aquaculture sector, FDO proudly highlights Oman’s position as a major fish producer and net exporter within the GCC. We are committed to expanding our seafood exports by adhering to global standards of sustainability, food safety, and environmental responsibility, supported by Oman’s attractive business incentives and improving infrastructure."

"Our participation at the Global Fishery Forum & Seafood Expo Russia reinforces our mission to position Oman as a global leader in sustainable seafood, showcasing our vast marine resources and investment opportunities."


IN BRIEF - 3 Dead after Fishing Vessel Capsizes in Waters off Gunsa

SOUTH KOREA
Tuesday, September 17, 2024

Three people are dead after a fishing vessel capsized in waters off Gunsan city in North Jeolla Province. 

The city’s coast guard said on Monday that it rescued all eight crew members of the fishing boat in waters off Gunsan after receiving a report at around 7:36 a.m. about the boat accident.

Authorities said though the entire crew was rescued, three of the members, including the boat’s Korean captain and chief engineer as well as a foreign crewmember, were pronounced dead at the hospital.

Photo : YONHAP News = Gunsan Coast Guard

The remaining five crewmembers, all of foreign nationality, were reported to be in relatively good health. 

The coast guard is looking into the possibility that the boat capsized after it collided with a tanker carrying petroleum products based on testimony that the tanker was witnessed passing nearby the fishing vessel at the time of the incident.

A coast guard official said the identity of the deceased foreign crewmember has yet to be identified, adding that an investigation will be conducted on the incident once the survivors get treated for injuries.


IN BRIEF - Largest canned fish factory in Iran inaugurated in Makran

IRAN
Tuesday, September 17, 2024

TEHRAN (MNA) – The largest packaging complex, cold storage and canned fish factory in Iran became operational in southern Makran Special Zone in the presence of Iran’s Defense Minister Brigadier General Aziz Nasirzadeh.

A member of Iranian Protein Production and Packaging Industry Association Mahmoud Moa’llem said that all the equipment and machinery installed at production lines of the factory have been manufactured domestically, observing requirements of the international standards.

Benefited from the most experienced domestic manpower of the country, the Canned Fish Production Factory was put into operation at Chabahar Free Zone in a short period of 15 months on a land area as large as 23,000 square meters.

All stages of sorting, peeling, packing and freezing of fish and shrimp for supplying to the domestic and foreign markets are also done in this factory, the brigadier general said, and put the packaging capacity at this industrial and production unit at about 4,000 tons.

Moa’llem pointed out that 200,000 tons of fish are caught at Chabahar annually, a major portion of which is supplied to the consumer markets in the form of tuna fish.


OTHER MEDIA | EuropaAzul: EU proposes fishing limits for the Mediterranean and Black Seas

EUROPEAN UNION
Tuesday, September 17, 2024

EU proposes fishing limits for the Mediterranean and Black Seas, emphasising sustainable management practices and compliance with the long-term commitments made with the MedFish4Ever and Sofia Declarations. This step continues in the direction of ensuring the health of fish stocks and the balance of marine ecosystems, ensuring the continuity of vital fishing industries in these waters.

The proposal includes a series of measures aimed at promoting the sustainable exploitation of key fish stocks, ensuring that future generations of fishermen can continue to practice their trade.

Source: EuropaAzul | Read the full article here


OTHER MEDIA | SeafoodSource: Blue Future Holding buys remaining stake in salmon sex-sorting tech firm GreenFox Marine

NORWAY
Tuesday, September 17, 2024

EW Group’s Blue Future Holding has acquired the remaining stake in salmon sex-sorting tech firm GreenFox Marine it didn’t previously own.

Stjørdal, Norway-headquartered GreenFox Marine is a supplier of salmon gender-sorting technology and health examinations of fish using ultrasound and artificial intelligence.

Oslo, Norway-based Blue Future Holding is an investment firm owned by the EW Group

Author: Cliff White / SeafoodSource | Read the full article here


OTHER MEDIA | FishFarmingExpert: Norway fisheries minister rejects call for seasonally adjusted biomass limits

NORWAY
Tuesday, September 17, 2024

Norway’s fisheries minister Marianne Sivertsen Næss has rejected a call to seasonally adjust the maximum biomass allowed on salmon farms.

Some farmers would like an increase in maximum biomass (MTB) in the autumn, and a reduction in spring.

Geir Magne Knutsen, head of strategy and development at Bremnes Seashore, has previously pointed out that this would mean a smoother harvest curve during the season, benefiting the market.

Source: FishFarmingExpert | Read the full article here


Other Media | FishFocus: UK onshore salmon project at risk over ‘factory farm’ claims.

UNITED KINGDOM
Tuesday, September 17, 2024

Animal rights campaigners win a judicial review over pioneering £120m scheme at Grimsby port, reports the Guardian.

On former railway sidings at Grimsby docks in Lincolnshire, the seafood industry is backing new plans for an onshore salmon farm that it claims will create jobs, cut emissions and help meet the nation’s huge demand for the fish.

The scheme would be the UK’s first large-scale onshore salmon farm, with the fish growing to a weight of four or five kilogrammes. 

Source: FishFocus | Read the full article here

 


OTHER MEDIA | IndustriasPesqueras: Satlink Ocean Manager: The solution for informed longline fishing

SPAIN
Tuesday, September 17, 2024

Satlink has a specialized and customizable software for the longline fleet, the Satlink Ocean Manager (SOM), which allows viewing and downloading quality oceanographic and meteorological data adjusted to an area of ??interest. “Having accurate and verified data on the oceanographic context is crucial for the fishing fleet as a whole, and the longline fleet in particular, to be able to carry out its activity in the most efficient and sustainable way possible,” explains the company. In a state of constant optimization, the SOM now incorporates new features that improve its capabilities and functionality, such as the possibility of simultaneously viewing two maps of oceanographic information.

Source: IndustriasPesqueras | Read the full article here


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IN BRIEF - Fisheries Development Oman to Vitrine Omani Seafood at VII Global Fishery Forum & Seafood Expo Russia 2024
South Korea
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IN BRIEF - 3 Dead after Fishing Vessel Capsizes in Waters off Gunsa
Iran
Sep 17, 00:10 (GMT + 9):
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