IN BRIEF - South Korea's Frozen Alaska Pollack Milt Imports in October: Volume Rises, Value Drops
SOUTH KOREA
Tuesday, November 19, 2024
In October 2024, South Korea’s imports of frozen Alaska pollack milt increased in volume but experienced a decline in value.
According to customs data, the country imported 154 tons of frozen pollack milt during the month, a 15% rise from the 134 tons imported in October 2023. However, cumulative imports from January to October totaled 9,691 tons, representing a 4% decrease compared to the 10,117 tons imported during the same period in 2023. These imports accounted for 1.3% of South Korea’s total seafood imports, which stood at 732,192 tons.
Russia maintained its position as the dominant supplier, contributing 95% of the imports (9,235 tons), while the remaining 456 tons were sourced from the United States. Import prices were comparable, with Russian products priced at USD 2.30/kg and American products at USD 2.29/kg.
Despite the increased volume, the overall value of imports declined sharply. The import value for October amounted to USD 320,000, a 25% drop from USD 430,000 recorded in October 2023. For the January-to-October period, the cumulative value reached USD 22.3 million, marking a steep 35% decrease compared to USD 34.29 million in 2023. The average import price for frozen pollack milt stood at USD 2.30/kg, a notable 32% reduction from the previous year’s USD 3.39/kg.
Sprintex Ltd (ASX:SIX) has secured a A$184,000 order from Net 0 Enerji after a successful trial of its G15 Blowers at Ilknak Aquaculture, a leading aquaculture producer in Türkiye.
The trial demonstrated SIX’s technology can reduce energy consumption by up to 70% compared to similar technology, offering sizable cost and energy savings.
This trial was facilitated by Net 0 Enerji, Sprintex’s exclusive distributor in Türkiye, which provided advanced energy monitoring systems to highlight the G15's efficiency.
Key takeaways from Ilknak Aquaculture trial
Sprintex’s G15 Blowers demonstrated advantages over traditional technologies during the Ilknak Aquaculture trial, including:
Exceptional energy savings - The G15 Jet Blower demonstrated a 70% reduction in energy consumption compared to their existing side channel blower setup, matching the air output of nearly three blowers while using only one G15 Jet Blower.
The biggest improvements were in consistent energy consumption reductions. The traditional side channel blowers maintained a consistent energy consumption range of 13.18 to 13.47 kilowatt hours (kWh) while the G15 blowers reduced that range to just 3.63 to 3.57 kWh.
At the international airport of Petropavlovsk-Kamchatsky (Elizovo), since the beginning of the experiment to control the export of caviar without labeling, 416.3 tons of such products have been controlled.
The experiment has been conducted in Kamchatka since November 1, 2022. One passenger is allowed to carry in baggage or carry-on luggage no more than 10 kg of non-industrial red caviar without labeling and accompanying documents.
Each passenger is allowed to export no more than 10 kg of non-industrial red caviar without labeling and accompanying documents
As reported to Fishnews by the press service of Rosselkhoznadzor, over the past week alone, 2.5 tons of salmon caviar without manufacturer’s markings were checked in the luggage and hand luggage of air passengers.
At the same time, one attempt to transport the delicacy in excess of the established limit was recorded - by a passenger on a flight to Vladivostok. The man tried to check in two plastic buckets of caviar, 10 kg each, as luggage. After the violation was discovered, the excess - 10 kg - was handed over to the attendant.
In total, according to the agency, during the experiment, Rosselkhoznadzor identified 104 violations during the transportation of caviar without markings with a total weight of 1.2 tons.
Spain's National Police have intercepted a fishing vessel carrying a large consignment of cocaine in the Atlantic, about 500 nautical miles northwest of the Canary Islands. It is the latest in a long series of boat seizures within a few days' sail of the island chain, which has become a hub for ship-to-ship cocaine transfers in recent years.
Spanish authorities worked with the U.S. Drug Enforcement Agency (DEA) to identify and intercept the vessel. A boarding turned up 100 bales of cocaine of about 40 kilos each, for a total of about four tonnes - worth roughly $120 million in wholesale value. 15 crewmembers were detained for questioning.
The police believe that the Panamanian-flagged vessel was headed for the coast of Galicia to transfer its cargo.
The fishing vessel happened to be flagged in Panama, one of the largest flag states. Panama's fishery authority has suspended its license.
"[We] reiterate our commitment to collaborate with national and international authorities to ensure that any act contrary to the law is duly sanctioned and that our flag continues to represent the highest standards of legality and transparency in the maritime and fishing sector," Panama's Aquatic Resources Authority (ARAP) told local media
It warns of the ageing of vessels and perceives that the number of inactive vessels is increasing
The European Commission foresees a surplus of 1,673 million euros for the community fleet in 2024, according to the projections included in the Annual Economic Report, which shows a substantial improvement in the economic performance of the fleet.
Gross profits have increased between 2022 and 2023, going from 1,097 to 1,461 million, reaching the projection of 1,673 million euros in 2024 included in the latest report
Source: La Voz de Galicia l Read the full article here
Multi-species efforts in Scotland, Ireland, South Africa and Brazil show how it can be done
Three free manuals offering step-by-step guidance for species cultivation in three Integrated Multi-Trophic Aquaculture (IMTA) system types have been published by the European Union-funded ASTRAL project that aims to develop IMTA production chains for the Atlantic markets.
The manual provides detailed instructions of the cultivation techniques for each of the species trialled at the systems, which in Ireland include finfish (Atlantic salmon, lumpfish, and ballan wrasse), extractive species (seaweeds, scallops, oysters, urchins, and sea cucumber) and a novel species (European lobster).
Source: fishfarmingexpert l Read the full article here
Otter Ferry Seafish, one of the most innovative – and oldest – aquaculture businesses in Scotland, has been sold to Canada-based Amar Seafood.
Operating since 1968 on the shores of Loch Fyne, Otter Ferry developed trout farming and land based salmon farming operations, as well as salmon broodstock and smolt production, before moving into other marine species.
As the only commercial marine hatchery in Scotland it has played a leading role in establishing production of halibut broodstock and juveniles, wrasse and lumpfish.
Author: Robert Outram / Fish Farmer l Read the full article here
A recent announcement from the UK Government which detailed increases in National Insurance contributions, in addition to other tax changes, has been met with unrest from the country’s seafood industry.
The recent announcement of changes has caused unrest within the seafood sector, with industry organisations such as the Scottish Seafood Association (SSA) and the Scottish Pelagic Processors’ Association (SPPA) claiming the budget changes threaten economic growth.
Source: The Fish Site l Read the full article here
The Government of Peru has strengthened its alliances in fishing matters with South Korea and Japan in official visits to the country by the President of the Republic of Korea, Yoon Suk-yeol, and the Prime Minister of Japan, Shigeru Ishiba.
Within the framework of the Korean visit, the signing of the agreement on the implementation of electronic certification for the trade of fishing products between the Ministry of Food Safety and Drugs of the Republic of Korea (MFDS) and the National Authority for Health and Safety in Fisheries and Aquaculture (Sanipes) took place.
Source: Industrias Pesqueras l Read the full article here
With a new space designed to encourage teamwork, the entity celebrates its growth and commitment to the future of the fishing sector.
Sinerxia Consultora has officially opened its new offices located on Rúa do Rego in Milladoiro (Ames). This modern space has been designed to support the company's growth and encourage collaborative work in the development of innovative and sustainable solutions, especially focused on the fishing industry.
The opening ceremony was attended by Raquel Estévez, CEO of Sinerxia, employees; the mayor of Ames, Blas García Piñeiro; the Councilor for Economic Promotion, Ana Belén Paz García; representatives of the local government; and Sinerxia clients. During the event, Raquel Estévez, CEO of Sinerxia, described the new facilities as “a space to continue growing and working towards a sustainable future in the fishing sector and beyond.”
As part of the inauguration, the awards ceremony for the First Sinerxia Innovation Competition was held, an initiative aimed at highlighting disruptive projects that promote sustainability and efficiency in key sectors. The jury, composed of: Raquel Estévez (CEO of Sinerxia Consultora), Juan Lago (R&D director of Sinerxia), Jorge Romón (president of PTEPA) and Rocío Béjar (deputy general secretary of CEPESCA), evaluated each proposal based on innovation, technical and economic viability, sustainability, and implementation capacity.
The state’s longest-operating seafood canning facility in Washington County, Maine, is closing its doors, according to a report by Fox 22 Bangor. For more than 100 years, Looks Gourmet, operating as Bar Harbor Foods, has processed and canned mackerel, salmon, sardines, and clams from its factory, the last of its kind in the region.
The company, renowned for its clam chowder and clam juice, has been a staple of Maine’s seafood industry. However, the decision to close the facility follows years of operational challenges and shifting business priorities.
Sea Watch International, which acquired Looks Gourmet in 2016, announced the closure as part of a restructuring plan.
“After careful consideration and extensive evaluation of our current business needs, we made the painful decision to close the Maine facility,” said General Manager Mike Sansing.
The production will be relocated to Sea Watch's facility in Milford, Delaware, a move Sansing described as essential to ensure the company's long-term success.
This closure marks the end of an era for Washington County, leaving a significant gap in the local seafood processing industry.
Danger of extinction Peru
Domain extinction is a legal tool that allows the State to appropriate assets, both movable and immovable, that are suspected of coming from or having been used in illegal activities.
Regulated by Le...