IN BRIEF - Frozen Ray Imports Decline Slightly, While Import Value Climbs
SOUTH KOREA
Friday, November 22, 2024
As of October 2024, South Korea's frozen ray imports experienced a modest 2% decline compared to the same period in 2023.
According to fisheries import statistics, the cumulative import volume of frozen ray reached 5,786 tons, down from 5,902 tons last year, accounting for 0.8% of South Korea's total seafood imports of 732,192 tons. Despite this overall decrease, October's import volume showed a significant uptick, rising 15% to 716 tons compared to 621 tons in October 2023.
The United States emerged as the leading supplier, contributing 2,875 tons (50% of total imports), followed by Argentina with 1,330 tons (23%). Other notable contributors included Indonesia (320 tons), Brazil (280 tons), and Vietnam (244 tons).
The average import price of frozen ray for 2024 rose by 16% to USD 4.05/kg, up from USD 3.49/kg in 2023. Among exporters, Spain commanded the highest unit price at USD 5.55/kg, followed by the United States at USD 3.57/kg and Indonesia at USD 3.98/kg. In contrast, Papua New Guinea offered the lowest unit price at USD 1.00/kg.
The value of frozen ray imports reflected a more pronounced increase. In October 2024, the import value surged by 45% to USD 3.06 million, compared to USD 2.11 million in October 2023. Cumulatively, the import value rose to USD 23.46 million, a 14% increase from USD 20.60 million during the same period last year.
A World Bank study on the value chains of pacu, rainbow trout and mussels shows that these species could become pillars of a new blue economy, generating employment, healthy food and foreign exchange. That said, and although Argentine aquaculture is growing and produced a record of more than 6,000 tons of food in 2022, “it is still far from other countries with similar natural conditions,” says the World Bank.
With the support of PROBLUE, a fund managed by the World Bank for the sustainable development of marine resources, the study it has carried out for Argentina allows the identification of strategies so that the country can make the most of its potential.
Source: iPac.acuicultura l Read the full article here
The salmon farming company began its path towards energy transition by successfully completing the certification process for its Energy Management System this year, under the ISO 50.001-2018 standard, becoming the first salmon producing company in Chile to obtain it. Mowi continues to work constantly to obtain it again.
One of the projects it has implemented on this path is the installation of markers that allow detailed measurement of energy use in the company's different processes or equipment, focusing on the places and equipment that use the greatest amount of energy. The marking covers the company's 3 main areas (sea water, fresh water and processing plants) and the selection of the sites is made according to their relevance to the system.
Hybrid flow-through systems (HFS) have the potential to transform the aquaculture industry says new report.
Hybrid flow-through systems (HFS) could revolutionize aquaculture by offering a sustainable, biosecure alternative to traditional net-pen farming and Recirculating Aquaculture Systems (RAS), according to a report published by RaboResearch on Wednesday.
However, widespread adoption will require significant financial investment and regulatory support, the report notes.
Source: SalmonBusiness l Read the full article here
A recently launched partnership in Taiwan has set up a fishery improvement project (FIP) for the nation's tuna fishery, aiming to achieve certification to the Marine Stewardship Council standard.
Ocean Outcomes (O2), a U.S.-based nonprofit, partnered with the Taiwan Tuna Longline Association (TTLA), the largest fishing vessel member association in Taiwan, in April 2024 to improve fishing practices among Taiwanese longline tuna vessels. Now, that partnership has launched its first FIP, applying to 41 TTLA vessels with a combined catch of 3,500 metric tons (MT) of Pacific albacore, bigeye, and yellowfin tuna.
Author: Chris Chase / SeafodoSource l Read the full article here
UK’s best new chippies named as finalists for Newcomer of the Year award. They’ve been on the fish and chip scene for less than two years, but three outstanding chippies in Devon, Yorkshire and Northern Ireland are off to a ‘frying’ start in their business journey having made it to the National Fish & Chip Awards 2025 final in the Newcomer of the Year category.
The chip shop contenders have excelled during numerous judging stages where they were grilled on all aspects of the industry including product knowledge, environmental and sustainability best practice, teamwork and more.
Fresh Landings See Growth for Third Straight Month in September
The Japan Fisheries Federation reported that total landings of Japanese flying squid, including both fresh and frozen varieties, rose by 22% in September compared to the same period last year, reaching 5,521 tons.
This growth was driven largely by fresh squid landings, marking the third consecutive month of year-on-year increases. Cumulatively, the total landings since January have exceeded those recorded during the same period in the previous year.
Technicians must give conclusions to those affected before anyone else
Although Spanish regulations already include the obligation to investigate maritime accidents and incidents involving fishing vessels of less than 15 metres, this was not the case in all Member States. Some left vessels below this length outside the scope of the bodies in charge of analysing accidents. An incomprehensible gap that was corrected last Monday after the Ministers of Agriculture and Fisheries adopted the four directives that make up the so-called maritime safety package, designed to achieve a safer, cleaner and more modern sector in the EU.
Source: La Voz de Galicia l Read the full article here
The impact of climate change on fisheries and the continuing challenge of on-board safety are two of the issues that FAO is focusing on on World Fisheries Day. In an interview released by the organization, the Assistant Director-General and Director of the Fisheries and Aquaculture Division of FAO, Manuel Barange, also highlighted that both problems are closely linked.
“Climate change will have a significant impact on safety at sea, making maritime operations more dangerous and making small-scale fishers especially vulnerable to accidents”
Source: Industrias Pesqueras l Read the full article here
Through September 2024, global fishmeal production increased by nearly 23% compared to the same period in 2023. This rise is primarily due to a substantial uptick in Peru’s supply, which accounts for 20% of global fishmeal and fish oil production.
Portugal is about to ramp up its aquaculture production business in a big way following the approval of a new fish farm on the Algarve.
Mariculture Systems Portugal (MSP) has been given the go ahead for its sea bass and sea bream project near Vila Real de Santo António which it describes as a major milestone.
The designed installation consists of a semi-submersible platform, situated eight miles off the coast and permanently anchored to the seabed.
Author: Vince McDonagh / Fish Farmer l Read the full article here
Tuna Exports in October Hit a Peak After More Than 2 Years Viet Nam
According to statistics from Vietnam Customs, Vietnam's tuna exports in October reached nearly 93 million USD, an increase of 22% over the same period in 2023.
In the first 10 months of 2024, the tot...
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