IN BRIEF - Oman Fisheries Company announces termination of COO
OMAN
Tuesday, November 05, 2024
In a formal disclosure on the Muscat Stock Exchange (MSX), Oman Fisheries Company announced the termination of the services of its Chief Operating Officer (COO), Miguel Sanchez.
Muscat – According to the statement, Sanchez’s last working day will be December 31, 2024.
The company cited “noticeable performance and unacceptable decline in Mr. Sanchez’s job performance” as the primary reason for the termination.
“This decision was made due to a noticeable performance and unacceptable decline in Mr. Sanchez’s job performance, as well as the Board’s strategic direction towards restructuring as part of the company’s transformation plan,”stated the company’s disclosure on MSX.
The herring fishery in Prince William Sound, Alaska, is set to open this week for the first time since 1998 due to an estimated spawning biomass of 35,485 short tons, surpassing the minimum threshold of 22,000 tons.
Cordova City Council member and commercial fisher Ken Jones expressed excitement but noted uncertainty about market readiness and local permit ownership. The Alaska Department of Fish and Game has established a conservative 500-ton harvest guideline.
Veteran harvester John Renner mentioned potential interest from Trident for bait but no confirmed buyers. This is the fourth consecutive year the biomass has been above the threshold, suggesting possible stock recovery. Fishers remain hopeful for future market opportunities and are also looking at related fisheries, like sea cucumber, to expand prospects.
New Executive Committee, Board Members of Canadian Aquaculture Industry Alliance Committed to Growing Sustainable, Affordable and Secure Food for Canada
OTTAWA, ON – Canadian Aquaculture Industry Alliance (CAIA) is pleased to announce the appointment of new leadership across its Board of Directors and Executive Committee. Several new members, each bringing a wealth of expertise, are dedicated to supporting Canada’s seafood farmers in being recognized and embraced as an important domestic source of sustainably-produced, affordable, secure food production for Canada. There has never been a more important point in time to champion, nurture and grow Canada’s aquaculture industry.
Joel Richardson, Vice President of Public Relations at family-owned Cooke Aquaculture Inc. based in New Brunswick, has been elected as CAIA’s new Board Chair. With an extensive government and business background and deep commitment to sustainable seafood production and wild salmon conservation, Mr. Richardson’s leadership will be pivotal in driving CAIA’s mission forward.
The total volume decreased in the first seven months, but showed a strong recovery in July
According to data from the Food and Agriculture Organization of the United Nations (FAO), farmed catfish has become the second most important fish in the world, which has aroused increasing interest in the trade situation of this product. Accordingly, our association will publish monthly reports on catfish trade to provide relevant information to industry professionals and players.
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According to statistics from Chinese customs, between January and July 2024, China imported 84,600 tons of catfish, worth 156 million US dollars, representing a decrease of 12.48% and 22.75% respectively compared to the same period of the previous year. The average import price was 1.85 USD per kilogram, down 11.73% year-on-year. In particular, July imports reached 12,200 tons and 24 million USD, up 21.55% and 8.21% respectively year-on-year. The average import price in July was 1.78 USD per kilogram, down 11.73% year-on-year and 2.24% year-on-year.
Santiago de Chile - This Monday, Chile and South Africa signed a cooperation agreement in the field of fishing and aquaculture, with the aim of exchanging information and establishing a Technical Committee in this sector, according to the Chilean Foreign Ministry.
"The signing of this agreement is aligned with our policy of marine conservation and sustainability, both nationally and internationally. Currently, we are implementing specific measures to protect marine biodiversity,", said the Undersecretary of Foreign Affairs of Chile, Gloria de la Fuente, in a statement.
The agreement, which was signed together with the Vice Minister of Forestry, Fisheries and Environment of South Africa, Narend Sing,"will allow both countries to collaborate and share information, experiences and knowledge in areas of research, conservation, management and sustainable use of marine resources," thus contributing to the advancement of Sustainable Development Goal (SDG) 14, which focuses on the conservation and sustainable use of the oceans.
In addition, both nations discussed various opportunities for collaboration in the areas of fishing, sustainability and the environment, as well as Chile's possible application to host the Secretariat of the Agreement on Conservation and Sustainable Use of Marine Biodiversity beyond National Jurisdictions (BBNJ).
The European Commission has published its proposed 2025 catch limits for ten fish stocks in the EU waters of the Atlantic Ocean, Kattegat and Skagerrak.
Limits for eight stocks are in line with the scientifically advised maximum sustainable yield, whilst one is above to allow mixed fisheries to continue. A six-month ban on eel fishing will remain in place.
Limits for five stocks have been increased, namely anglerfish, megrims and horse mackerel in Atlantic Iberian waters, Norway lobster in the southern Bay of Biscay and Cantabrian Sea, and common sole in the Bay of Biscay.
As of September 2024, South Korea has seen a significant increase in the importation of Boiled Frozen Octopus, both in volume and value, compared to the previous year.
In September alone, 179 tons were imported, representing a 47% increase over the 122 tons imported in September 2023. The total import volume for the year to date has reached 1,292 tons, reflecting a 23% rise from last year's 1,017 tons. This accounts for approximately 0.2% of South Korea's total seafood imports, which amount to 651,137 tons.
The Philippines emerged as the leading supplier, providing 1,124 tons and making up 87% of the total imports. This was followed by Indonesia with 141 tons, Vietnam with 14 tons, Madagascar with 8 tons, and China contributing 5 tons. The highest import price per kilogram was reported from the Philippines at USD 9.10, followed by Indonesia at USD 7.34, and China at USD 3.80 per kg.
The import value for September reached USD 1.51 million, a 53% increase from USD 990,000 recorded in the same month of 2023. The cumulative import value for the year rose by 23% to USD 11.36 million, compared to USD 9.27 million in 2023. Despite the overall increase, the average import price per kilogram dropped slightly to USD 8.79, around 4% lower than last year's average of USD 9.12.
These trends indicate a dynamic shift in sourcing and market conditions for Boiled Frozen Octopus, highlighting evolving import strategies and supplier relationships.
In South Korea's domestic wholesale market, Boiled Frozen Octopus sourced from Mauritania is typically priced at approximately KRW 194,000 for an 8 kg size, with options including sizes 8 and 9.
The Norwegian Seafood Council is conducting a new user survey in collaboration with Ipsos to ensure that our products and services effectively meet the needs and expectations of the seafood industry. This survey will now be conducted annually.
Photo: Norwegian Seafood Council
The primary goal of the survey is to evaluate the Seafood Council's offerings. By gathering valuable feedback, we can assess and enhance our capacity to deliver impactful and relevant solutions for the Norwegian seafood sector.
The survey focuses on two main areas:
The Seafood Council's initiatives aimed at the seafood industry
The Council's products and services
These areas are evaluated based on three key criteria:
Awareness of our products and services
Perceived importance of these products and services
Overall satisfaction with our offerings
This approach provides a clear understanding of how our services are perceived and highlights areas for improvement.
The survey results will inform our efforts to refine and prioritize our products and services, ensuring that we address the actual needs of the industry.
By participating in the survey, members of the seafood industry play a crucial role in shaping future solutions, enabling us to collectively maximize the value of Norwegian seafood.
Norway and Russia have agreed to reduce the cod quota in the Barents Sea by 25% for 2025, setting a TAC of 340,000 tonnes, of which Norway will keep 163,000 tonnes. The remainder will be divided between Russia and other third countries according to the distribution criteria already established, the Norwegian government reports. It stresses that the cod quota for 2025 is “the lowest since 1991”, which illustrates “the seriousness of the situation”.
The total quota for haddock has been set at 130,000 tonnes, of which 65,468 tonnes are for Norway. As for halibut, 19,000 tonnes have been agreed, 2,250 less than in 2024. Norway's share of the quota will be 9,675 tonnes.
Source: Industrias Pesqueras l Read the full article here
Norwegian salmon exports reached a new monthly high in October, totaling NOK 12 billion ($1.08 billion), according to the Norwegian Seafood Council.
This record represents a NOK 133 million ($11.9 million), or 1%, increase from October last year and highlights the ongoing surge in global demand for Norwegian salmon, especially in key markets like the United States and Poland.
Source: SalmonBusiness l Read the full article here
The Nissos Rhenia was left without propulsion off Viana do Castelo on Tuesday and is being repaired. The Portuguese Maritime Authority assures that there is no risk
An oil tanker carrying more than 150,000 liters of diesel fuel is damaged 50 kilometers from the Galician coast. In a statement, the Portuguese Maritime Authority and Navy explained that the ship with the flag of the Marshall Islands (Oceania) suffered a "breakdown in its engine last Tuesday, leaving it without propulsion," when the ship was sailing more than 24 nautical miles (44.5 kilometers) away from the coast of Viana do Castelo.
Author: Monica Torres / La Voz de Galicia l Read the full article here
Opinion: Chinese illegal fishing. The idiocy has no borders Argentina
Idiot (from the Greek ἰδιώτης idiṓtēs) is a citizen who remains out of public life, a person who is not a scholar or participates in matters and interests of the community. T...