IN BRIEF - LAXEY and Baader sign a contract for salmon processing equipment
ICELAND
Thursday, November 14, 2024
LAXEY and Baader in Iceland have entered into an agreement for the supply of processing equipment for LAXEY's upcoming slaughterhouse for farmed salmon.
In the picture, Kristmann Kristmannsson, project manager of processing and procurement at LAXEY, and Daði Pálsson, managing director of LAXEY, seal the contract with Karl Ásgeirsson, sales manager of Baader in Iceland.
Baader, a global company in the development and production of equipment for salmon processing, is known for solutions designed with production quality and animal welfare in mind. This approach makes Baader a good partner for LAXEY, which focuses on responsible food production while meeting the demands of customers around the world.
The agreement marks a turning point for both companies, who are looking forward to strengthening their position in the rapidly growing market for land heating in Iceland. For LAXEY, the partnership is important in securing equipment and production technology, which will support its plans for high-quality products for the global market.
Annual meetings of the Extended Commission are hosted by Members in rotation.
The Extended Commission reports to the Commission and consider matters including: (a) Interpretation or implementation of the Convention and measures adopted pursuant to it, such as deciding upon a total allowable catch and its allocation among the Members; (b) Regulatory measures for conservation, management and optimum utilisation of southern bluefin tuna; (c) Matters which are reported by or entrusted to the Extended Scientific Committee; (d) Matters which may be entrusted to the Secretariat; (e) Other activities necessary to carry out the provisions of this Convention.
The Commission's objective is to ensure, through appropriate management, the conservation and optimum utilisation of the global Southern Bluefin Tuna fishery. The Commission also provides an internationally recognised forum for other countries/entities to actively participate in SBT issues.
Rehovot – Steakholder Foods Ltd. (Nasdaq: STKH) today announced that it has received its second-phase payment of USD 270,000 from the Singapore-Israel Industrial R&D Foundation (SIIRD). To date the Company has received a total of USD 490,000 from the USD 1,000,000 grant awarded to Steakholder Foods from SIIRD.
The first installment was disbursed in March 2024 following the Company’s successful production of 3D-printed hybrid fish using its proprietary Printer HD144 and Drop Location in Space (DLS)™ printing technologies. This second milestone payment was triggered by the Company’s creation of plant-based 3D-printed fish and eel. The team is moving forward with new premix blends for the second phase of the project – 3D printed eel.
The team has made great advancements in the creation of eel texture and flavor. These advancements underscore Steakholder Foods' dedication to pushing the boundaries of food technology and offering diverse, sustainable alternatives to traditional seafood.
Ichimasa Kamaboko announced on the 12th that at the board of directors meeting held on the same day, it had resolved to acquire additional shares in PT.KML ICHIMASA FOODS, an Indonesian equity method affiliate, and make it a consolidated subsidiary.
This decision was made as part of the company's efforts to build and expand its overseas business, with the aim of becoming a "global company that contributes to the world through Japanese food." (Hosoyama Shinichi)
PT. KML ICHIMASA FOODS (KIF) is one of the biggest crab stick manufacturers in Indonesia, KML Ichimasa foods was a joint venture between the KML group in Indonesia and Ichimasa Kamaboko Japan. Joint Venture started in 2015 and the Bogor processing plant with a 2500 MT yearly capacity was inaugurated in 2016.
The crab stick is formulated by experts from Ichimasa Kamaboko Japan, by adapting the manufacturing techniques from Japan and supported with high-quality main raw material surimi from KML Food.
Our product is made from fresh surimi and fine ingredients that are blended perfectly by highly trained manpower to shape and resemble crab leg with its fine natural color.
GroAqua and Bakkafrost have entered into a landmark agreement for the construction of the world’s largest feed barge, set to feature an unprecedented 1,100 tonnes of feed storage capacity and 24 feed lines.
The barge will allow for the simultaneous feeding of 24 pens, marking a significant technological advance in aquaculture infrastructure.
The feed barge will be equipped with GroAqua’s latest automation technology, GroVision, ensuring that the unit operates without the need for human staff onboard.
Source: SalmonBusiness l Read the full article here
European fisheries social partners European Transport Workers’ Federation (ETF), Europêche and COGECA have jointly adopted a resolution urgently addressing the critical state of the Mediterranean fisheries.
According to ETF, Europêche and COGECA, the decision highlights shared concerns about the situation of fisheries in the Mediterranean where coastal communities are suffering from sizeable reductions of fishing effort, and the need for sensible EU policies to support both environmental, social and economic dimensions.
Despite increased salmon supply in the northern hemisphere, especially in Norway, and a reduction in supply in Chile (-2.8%), AquaChile managed to maintain stable prices in key markets.
AquaChile, one of the main salmon producers in Chile, reported strong financial performance during the January-September 2024 period, reaching sales revenues of US$1,178 million, representing a growth of 11.2% compared to the same period in 2023. Net profits adjusted for fair value stood at US$87 million, a significant increase compared to the US$117 million reported in 2023. This strong result was driven by the market diversification strategy and the positive performance of its Pacific salmon line.
As the central government is reluctant to approve the reduction of VAT on fish, the PP has used its majority in the Senate to approve the reduction of VAT on fish products, which are now taxed at 10%, at the rate that the Rajoy government taxed them, which later also refused to lower it.
Ruiz reproached the government for still not having clarified why the VAT on some foods has been lowered and "that of others, such as fishing, has not."
Source: La Voz de Galicia l Read the full article here
The Lerøy Seafood Group is investing around £25m in new farming technology in a move to improve fish welfare, the company announced today. This will include new submersible cages to protect the fish from sea lice.
Presenting the group’s third quarter results, CEO Henning Beltestad (pictured) said he expected the investment to lead to significant improvements by next year.
Author: Vince McDonagh / FIsh Farmer l Read the full article here
NFI’s bylaws allow for a 51-person Board, with 45 at-large Directors. There is an 18-person Executive Committee drawn from the Board and six officers. NFI elects a new slate of board members annually to serve three-year terms.
“This Board is comprised of some of the most knowledgeable individuals in the seafood community,” said NFI President and CEO Lisa Wallenda Picard. “The NFI Board of Directors’ never-ending commitment to the industry will always impress me, and I’m honored to welcome these new voices and outlooks to the Board.”
The newly elected Board members as well as Executive Committee members in italics are as follow:
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Lisa Webb, Gorton’s Inc. Vice President of Operations, joins the officer’s group as Treasurer and David Melbourne, President and CEO of AquaBounty Technologies, Inc., joins the officer’s group as Secretary.
Consolidated FY2024 April-September period: mixed results for marine products
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[Financial Results] Four major seafood companies see increased revenue for all, three companies see increased operating profits/April-September 2024 consolidated period. Mixed results for seafood products
The consolidated financial results for the April-September 2024 period for the four major seafood and food companies all maintained an increase in revenue, as in the first quarter. All three companies, except Maruha Nichiro, saw an increase in operating profit. While sales in the seafood division were solid, profits were mixed depending on the products handled, such as salmon and trout, which sold well, and pollock paste, which saw a slump in market prices.
Possibilities for importing live snow crabs of Norwegian origin China
In a meeting between the Minister for Chinese Customs and Veterinary Authorities Yu Jianhua and the Norwegian Fisheries and Oceans Minister Marianne Sivertsen Næss in Beijing, the import of live...
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ICELAND
INDONESIA
06 - 09 Oct 2025 - Bali, Indonesia
ISRAEL
Rehovot – 
JAPAN
FAROE ISLANDS.jpeg)
The barge will allow for the simultaneous feeding of 24 pens, marking a significant technological advance in aquaculture infrastructure.
EUROPEAN UNION
European fisheries social partners European Transport Workers’ Federation (ETF), 
CHILE
Despite increased salmon supply in the northern hemisphere, especially in Norway, and a reduction in supply in Chile (-2.8%), AquaChile managed to maintain stable prices in key markets.
SPAIN
As the central government is reluctant to approve the reduction of VAT on fish, the PP has used its majority in the Senate to approve the reduction of VAT on fish products, which are now taxed at 10%, at the rate that the Rajoy government taxed them, which later also refused to lower it.
NORWAY
The 
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