IN BRIEF - Frozen Cod Imports Drop by Half Compared to Last Year
SOUTH KOREA
Monday, November 25, 2024
The volume of frozen cod imports to South Korea in 2024 has more than halved compared to the previous year.
South Korea imported 504 tons of frozen cod in October, a 41% decrease from the 848 tons imported during the same period last year. Cumulative imports from January to October totaled 5,250 tons, down 50% from 10,569 tons in the same period in 2023. Frozen cod accounted for just 0.72% of the total seafood imports of 732,192 tons.
Most frozen cod imports came from Russia, which supplied 96% of the total volume, or 5,029 tons. The remaining imports were sourced from the United States (125 tons), Canada (75 tons), and China (20 tons). By country, import prices were USD 3.06/kg for Russian cod, USD 2.73/kg for U.S. cod, USD 2.60/kg for Chinese cod, and USD 1.88/kg for Canadian cod, with Canadian cod being the cheapest.
In monetary terms, frozen cod imports in October amounted to USD 1.13 million, a 52% decrease from USD 2.35 million in the same period last year. Year-to-date import value stood at USD 15.94 million, down 59% from USD 39.14 million in 2023. The average import price per kilogram was USD 3.04, an 18% decline from USD 3.70 in the same period last year.
For reference, the domestic wholesale price of frozen cod (Russian origin, 18.5kg, size L) is trading at approximately KRW 88,000 (USD 62.82).
Funded by Spanish fishing sector, Vigo workshop brings together scientists to strengthen knowledge of Illex argentinus.
Scientists specialising in population dynamics, fisheries biology and scientific assessment of fish populations will meet in Vigo, Spain from September 30th – October 2nd for the 4th International Scientific Workshop on Argentine shortfin squid (Illex argentinus).
The workshop will bring together experts in population dynamics, fisheries biology and scientific assessment to advance the development of a regional database and strengthen scientific knowledge of the abundance, productivity and exploitation status of the Illex argentinus population.
Authorities intensify crackdown on illegal foreign fishing
ABF and ADF intercepted an Indonesian vessel near Badu Island, allegedly carrying 29 sharks and 108 reef fish. The crew was detained for investigation.
Operation Broadstaff has made 11 apprehensions and intercepted 25 foreign fishing vessels in northern Australia this year.
China’s aquatic product prices rose slightly on Sept. 21–27, with silver carp +1.0%, crucian carp +0.8% and large yellow croaker +0.5%, according to MOFCOM. Official Sept. 28 prices put crucian carp at RMB 19.42/kg (US$2.90) and silver carp at RMB 10.04/kg (US$1.50).
The trend points to somewhat firmer demand for fish ahead of the holiday celebrations, although the price fluctuations remain moderate.
A German institute is testing a system in Gran Canaria that uses discarded cement to boost the oceans' regenerative capacity.
Can concrete rubble help the oceans absorb more carbon dioxide from the atmosphere and, in doing so, mitigate climate change? This month, the Geomar Helmholtz Centre for Ocean Research in Kiel, Germany, is conducting trials in Gran Canaria to see if it is possible to intervene and accelerate a process that already occurs in nature—and, crucially, whether it is safe for biodiversity.
Those behind the experiment point out that some 5 billion tons of concrete rubble are generated worldwide each year—a waste product of which only a small fraction is currently reused. What would happen if, on a large scale, it ended up in the sea?
Source: La Voz de Galicia | Read the full article here
Two trawlers seized inside protected marine sanctuary
Authorities in Odisha detained 19 fishermen and seized 2 trawlers caught fishing illegally in Gahirmatha Marine Wildlife Sanctuary. Officials confiscated 21 nets, GPS/VHF equipment and about 40 kg of fish. Fishing is banned year-round to protect Olive Ridley turtles.
Rockall haddock returns to MSC certification after reforms have strengthened monitoring, fleet management and protection of vulnerable ecosystems
Scotland’s sustainable seafood sector has received a boost after Rockall haddock regained certification under the Marine Stewardship Council (MSC) Fisheries Standard.
The fishery, located around 250 miles west of the Outer Hebrides, was originally certified in 2018 but suspended in 2022 after vessels were found to have entered protected areas containing vulnerable marine ecosystems.
Vietnamese province strengthens VMS, eCDT and port controls as Vietnam seeks to remove the EU yellow card
An Giang is closely monitoring 889 ineligible vessels, including 551 over 15m. In 2026, authorities handled 168 violations involving 92 vessels, imposing fines of VND 5.5 billion (USD 212,000), while tightening vessel registration, VMS, catch traceability and port inspections against IUU fishing.
Court found the state failed its constitutional duty to protect fish stocks
North Carolina appealed an August ruling that found all 13 state-managed coastal fish stocks, including flounder and shrimp, are currently not viable. The state cites climate change and budget limits, while conservation groups seek faster action to rebuild depleted stocks.
12 expatriate workers detained for unlicensed fishing in Duqm
Omani authorities seized a commercial vessel in the Sea of Duqm for using prohibited nets. 12 expatriate workers were detained for fishing without licences.
The vessel, illegal gear and catch were confiscated, and the case was referred for legal action.
Aquaculture drives growth as output reaches 3,739.04 MT
Davao del Sur fisheries output climbed 20.8% in Q2 2026 to 3,739.04 MT. Aquaculture, accounting for 80.4%, rose 22.8% to 3,005.83 MT, led by milkfish at 2,211.23 MT.Marine cage production jumped 30.2%, strengthening the province’s overall fisheries performance.
SOUTH KOREA
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ARGENTINA.png)
Scientists specialising in population dynamics, fisheries biology and scientific assessment of fish populations will meet in Vigo, Spain from September 30th – October 2nd for the 4th International Scientific Workshop on Argentine shortfin squid (Illex argentinus).
AUSTRALIA
Authorities intensify crackdown on illegal foreign fishing
CHINA
Carp and croaker lead modest wholesale gains
SPAIN.png)
Can concrete rubble help the oceans absorb more carbon dioxide from the atmosphere and, in doing so, mitigate climate change? This month, the Geomar Helmholtz Centre for Ocean Research in Kiel, Germany, is conducting trials in Gran Canaria to see if it is possible to intervene and accelerate a process that already occurs in nature—and, crucially, whether it is safe for biodiversity.
INDIA
Two trawlers seized inside protected marine sanctuary
UNITED KINGDOM
Rockall haddock returns to MSC certification after reforms have strengthened monitoring, fleet management and protection of vulnerable ecosystems
VIET NAM
UNITED STATES.png)
Court found the state failed its constitutional duty to protect fish stocks
OMAN
PHILIPPINES
Aquaculture drives growth as output reaches 3,739.04 MT
