Anfaco-Cecopesca achieves a new milestone by being awarded the only two projects approved in the latest call for proposals of the Horizon Europe program, specifically focused on circularity.

Both initiatives, Valorish and One Earth, will mobilize approximately 8 million euros over a period of four years, involving more than 20 partners from 10 different countries, including companies, universities and international research centers. These projects will advance the obtaining of high added value bioingredients from by-products of the fishing industry. Anfaco points out that its participation guarantees that the results will directly benefit the fish and seafood processing industry in Spain, supporting blue growth and sectoral hybridization thanks to biotechnology.

Source: Industrias Pesqueras l Read the full article here

The European Union has been talking for years about the opportunities offered by aquaculture and how good it would be for "economic development in coastal and rural communities, the decarbonisation of the economy, the fight against climate change and the mitigation of its impact, by reducing pollution, the better conservation of ecosystems...", as stated in its strategic guidelines for sustainable aquaculture 2021-2030. And there are already several bets on a way of producing aquatic foods that, as recently certified by the FAO, the United Nations Agency for Agriculture and Food, has already surpassed extractive fishing and contributes to improving food self-sufficiency.

Source: La Voz de Galicia l Read the full article here

The Chilean branch of multinational mining firm Anglo American is sponsoring a project seeking marine solutions to offset carbon dioxide emissions from its land-based mining operations.

The initiative is a component of the company’s larger strategy to reach carbon neutrality by 2040, Anglo American Climate Change and Sustainability Department Biodiversity Advisor Rafael Ascanio said during a presentation showcasing the project at the Chile Carbon Forum, which took place recently in the country’s capital city of Santiago.

Author: Christian Molinari / SeafoodSource l Read the full article here

Recognising responsible seafood farming in the United Kingdom, the Aquaculture Stewardship Council (ASC) held its fourth annual UK Awards in partnership with the Marine Stewardship Council (MSC) at The Box in Plymouth, on October 16. Now in its second year, the ASC Brand of the Year award was picked up by Fish Said Fred. With a commitment to source 100% ASC certified farmed seafood, Sainsbury’s won the ASC UK Retailer of the Year award for a third year in a row and Lyons Seafoods bagged the ASC UK Retail Supplier of the Year award.

Source: Worldfishing l Read the full article here

The long slide in fresh salmon prices may be over as they increased significantly last week for the first time in more than two months.

Just two weeks ago they dropped to below NOK 70 a kilo (£4.92), a figure last seen two years ago.

But last week (week 41) the slump came to a halt and the price jumped up by NOK 3.06 per kilo to NOK 72.76 per kilo (£5.12), according to Statistics Norway which monitors trends on a weekly basis. This move represents an increase of 4.4%.

Author: Vince McDonagh / Fish Farmer l Read the full article here

In August and September, Hirtshals Harbor saw nearly three times the amount of spiny lobsters landed compared to the same period last year, reports Svend Boye Thomsen of Fiskeritidende.

Danish fishermen targeting spiny lobster have had a particularly fruitful late summer, leading to significant increases in landings at key ports. One of the major beneficiaries of this successful season is the Port of Hirtshals.

During August and September, a total of 386 tonnes of spiny lobsters were landed at Hirtshals Harbor, a substantial rise from the 133 tonnes landed in the same months last year. As a result, the value of these landings has skyrocketed, increasing from DKK 8 million (U$D  to DKK 23 million.

This positive trend is not limited to Hirtshals. Other ports, including Østerby, Strandby, and Gilleleje, have also experienced increased landings. Skagen and Hanstholm harbors have likewise reported strong landings of spiny lobsters, contributing to what has been a highly productive season for Danish lobster fisheries.

KUALA LUMPUR — The Malaysian Fisheries Development Authority (LKIM) has assured that the country’s fish supply will be sufficient throughout the upcoming North-east Monsoon period.

Chairman Muhammad Faiz Fadzil, as reported by national daily Berita Harian, urged traders not to exploit the situation by increasing prices during this time.

He added that ample fish supplies are available and noted that traders can import specific varieties from Thailand and India.

“What I want to emphasise is that the fish supply is sufficient, and those selling fish are traders, not fishermen,” he was quoted as saying.

Muhammad Faiz also said to date, LKIM has issued 2,664 active import licences to traders, ensuring sufficient fish supply even during the North-east Monsoon when local fishermen are unable to go to sea.

Additionally, LKIM, through the Area Fishermen’s Association (PNK), has 1,600 metric tonnes of frozen fish to help meet nationwide market demands, he added.

“We will continue to closely monitor fish supplies and hope traders do not take advantage by burdening consumers,” Muhammad Faiz said.

His comments come as reports emerged yesterday claiming that fish prices in Kelantan could rise by as much as 50 per cent during the North-east Monsoon, starting next month.

According to Berita Harian, Kelantan Fishermen’s Association (Peneka) chairman Mohd Saripudin Ishak had attributed this potential price increase to a reduction in fresh fish supply as fishermen won’t be able to go to sea.

Barramundi Group Ltd. has entered reconstruction and applied for a Moratorium Order from the Singapore High Court under the Insolvency, Restructuring, and Dissolution Act (IRDA).

This order seeks to protect the company from actions such as liquidation, the appointment of receivers, or legal enforcement against its assets without court approval. The company aims to negotiate debt restructuring with creditors during this period. To support operations during this process, Barramundi Group has secured a bridging loan of SGD 400,000 from a shareholder. The moratorium is requested for six months, with updates to follow as the restructuring progresses.

Under the Moratorium Order, the following key reliefs applied for are:

1. no resolution for the winding up of the Company shall be passed;
2. no receiver or manager shall be appointed over any property or undertaking of the Company;
3. no execution, distress or other legal process against any property of the Company shall be commenced, continued, or levied, except with the leave of the Court and subject to such terms as the Court imposes; and
4. no enforcement of any security over any property of the Company, or repossession of any goods held by the Company under any chattels leasing agreement, hire-purchase agreement or retention of title agreement, shall be taken, except with the leave of the Court and subject to such terms as the Court imposes.

Cargill was awarded the INDI 4.0 2024 award in the Smart Factory category by the Indonesian Ministry of Industry.

This award, presented by the Minister of Industry, Agus Gumiwang Kartasasmita, recognizes Cargill for the successful integration of advanced technologies under Industry 4.0 in its cocoa processing plant in Gresik, Indonesia.

Cargill's Managing Director of Food Solutions Southeast Asia, Francesca Kleemans, said: “We value the recognition for our operational excellence and smart manufacturing efforts. Advanced technical practices are fundamental to our commitment to feed the world in a safe, responsible and sustainable way.

Source: aqua.cl l Read the full article here