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).
The Japanese Oyster Technology Program has distributed over 5 million seeds to producers across eight regions, strengthening the diversification of small-scale aquaculture through technology transfer and technical support.
Two and a half years after its launch, the Japanese Oyster Technology Program (PTEC)—spearheaded by the Universidad Católica del Norte (UCN) and funded by Corfo—has distributed more than 5 million seeds of this species, establishing a network of over 60 beneficiaries, including associations and small-scale producers from various parts of the country.
The Chilean salmon farmer has been accused of failing to provide facilities for nursing mothers, sacking employees who have taken maternity leave, and sending warning letters for non-existent absences
A union representing processing workers employed by Chilean salmon farmer Ventisqueros has claimed that some of their members have had to use staff toilets to express breast milk “as there is no suitable, private, clean, and specially equipped space for exercising this right”.
The Ventisqueros Seafood Workers Union also claims there have be cases of female workers who, “after reporting their pregnancy, have faced actions to remove their maternity leave protections, long after their contracts had been converted to permanent positions.
Author: Jonathan Garcés / fishfarmingexpert | Read the full article here
Catchwise has grown rapidly in the Norwegian fishing industry, with 30% of Norwegian skippers moving to the platform.
In some segments, including larger vessels, longliners, trawlers and pot vessels, the share is significantly higher.
Catchwise is aware that this has not happened by accident. Growth has come from staying close to skippers, listening to what creates problems at sea, and building the product around those needs.
Researchers at the University of Aveiro have shown that marine amphipods can transform low-value agricultural by-products into premium aquafeed ingredients rich in essential omega-3 fatty acids.
The findings, developed under the PUFApods project, offer a sustainable, circular pathway to reduce the dependence of the aquaculture industry on finite wild fish stocks for essential fatty acids.
As the global aquaculture sector expands, securing sustainable sources of essential nutrients – particularly omega-3 long-chain polyunsaturated fatty acids (LC-PUFAs) such as EPA and DHA – remains a critical bottleneck.
Source: The Fish Site | Read the full article here
The governing board of Anfaco-Cytma—the business association representing the canning and processing industry—met this Friday in Vigo to review the scientific, technological, and knowledge-transfer achievements made by its national knowledge center during the first half of the year. During this period, Anfaco-Cytma has had 62 R&D&i projects underway; of these, 15 are international in scope, 60 involve collaboration, and 61% are based on direct contracts with companies. In total, "these projects mobilize a combined budget of €109,676,355," the organization stated in a press release.
Source: La Voz de Galicia | Read the full article here
The 49th session of the Codex Alimentarius Commission (CAC49), held last week in Geneva (Switzerland), concluded with the selection of Spain as the new host country for the Codex Committee on Fish and Fishery Products (CCFFP)—one of the subsidiary bodies of the Codex Alimentarius Commission (CAC) dedicated to international food standardization.
Spain's selection marks a significant milestone for the country's international standing in the fields of food safety and international standardization. According to AESAN, this designation not only recognizes the technical and scientific capabilities of Spanish government bodies and institutions linked to the fisheries, aquaculture, and food sectors, but also strengthens Spain's role in the multilateral forums where international reference standards for global food trade are developed.
Source: ipac.acuicultura | Read the full article here
The bluefin tuna (BFT) fishing season opens next week in parts of the UK, giving authorised commercial and permitted recreational fishers the opportunity to fish for BFT.From Monday 13 July:
authorised UK commercial vessels can target BFT in English, Welsh and Scottish waters.
permitted recreational catch and release vessels, administered by Marine Management Organisation (MMO), can fish for BFT within English waters.
The opportunities for commercial fishermen to land BFT for sale, and for recreational anglers to catch and release the fish, have increased significantly this year following successful negotiations to boost the UK’s quota for the species.
Norway's seafood industry has renewed calls for a free-trade agreement with Japan, warning exporters remain at a disadvantage to competitors in the EU and UK, which already benefit from preferential market access.
The appeal came during a meeting between industry representatives and Fisheries and Oceans Minister Marianne Sivertsen Næss, where Sjømat Norge urged the government to maintain efforts to improve access to one of Norway's most important seafood markets.
Geopolitical uncertainty makes it even more important to secure access to stable markets
Source: SalmonBusiness | Read the full article here
The European Parliament rejects a move to halt the reform of the REACH regulation and endorses the phased implementation of new limits on the use and marketing of certain lead-containing equipment.
The European Parliament has cleared one of the final political hurdles for the entry into force of new restrictions on the use of lead in certain types of fishing tackle. The plenary session in Strasbourg rejected an objection lodged against the European Commission regulation amending Annex XVII of the REACH regulation, thereby allowing the adoption process to continue for rules that will affect manufacturers and distributors as well as professional and recreational anglers.The vote concluded with broad support for the European Commission's position.
Time for the fisheries sector Peru
Every five years, the national fishing sector once again expects the State to do justice to one of the country's greatest strengths. Peru possesses privileged conditions. Our sea, our rivers and lakes...
Copyright 1995 - 2026 Seafood Media Group Ltd.| All Rights Reserved. DISCLAIMER
SOUTH KOREA
.png)
CHILE
The Japanese Oyster Technology Program has distributed over 5 million seeds to producers across eight regions, strengthening the diversification of small-scale aquaculture through technology transfer and technical support..png)
A union representing processing workers employed by Chilean salmon farmer 
NORWAY
Catchwise has grown rapidly in the Norwegian fishing industry, with 30% of Norwegian skippers moving to the platform.
PORTUGAL.png)
The findings, developed under the PUFApods project, offer a sustainable, circular pathway to reduce the dependence of the aquaculture industry on finite wild fish stocks for essential fatty acids.
SPAIN
The governing board of
SWITZERLAND
The 49th session of the Codex Alimentarius Commission (CAC49), held last week in Geneva (Switzerland), concluded with the selection of Spain as the new host country for the Codex Committee on Fish and Fishery Products (CCFFP)—one of the subsidiary bodies of the Codex Alimentarius Commission (CAC) dedicated to international food standardization.
UNITED KINGDOM.png)
The bluefin tuna (BFT) fishing season opens next week in parts of the UK, giving authorised commercial and permitted recreational fishers the opportunity to fish for BFT.From Monday 13 July:
.png)
Norway's seafood industry has renewed calls for a free-trade agreement with Japan, warning exporters remain at a disadvantage to competitors in the EU and UK, which already benefit from preferential market access.
EUROPEAN UNION
The European Parliament rejects a move to halt the reform of the REACH regulation and endorses the phased implementation of new limits on the use and marketing of certain lead-containing equipment.
