IN BRIEF - Successful Auction in China: 112 Tons of Argentine Illex Squid Sold!
CHINA
Thursday, November 28, 2024
The first special auction hosted on the "Ocean Cloud+" service platform by Zhejiang Zhoushan International Agricultural Products Trading Center (Zhejiang Agricultural Center) at the Zhoushan Ocean Fishery Base concluded successfully.
This event featured 112 tons of Argentine illex squid caught by Ocean Family in the Southwest Atlantic Ocean. It attracted participation from over ten trading and processing companies within and outside Zhoushan, while nearly 100 viewers watched the entire bidding process via a live broadcast.
The auction employed a "base price increase" model. After 21 rounds of competitive bidding, the squid was sold at a final price of 38,250 yuan (USD 5,280) per ton, achieving a total transaction value of 4.284 million yuan (USD 591,157) and a premium rate of 6.25%.
To ensure transparency, fairness, and equity, the Zhejiang Agricultural Center leveraged its official website, WeChat public account, and other platforms to disseminate bidding information and transaction rules beforehand. The entire bidding process was live-streamed, safeguarding the legitimate interests of both buyers and sellers.
Draft rules set technical and environmental requirements for tank systems in reservoirs and lakes
China is consulting on a standard for intensive aquaculture tanks of 25–120 m³ in reservoirs and lakes.
It requires dissolved oxygen of at least 6 mg/L, removal of ≥90% of solids, smart water monitoring and effluent treatment. Comments close September 17.
Species covered by the proposal include largemouth bass and various carp species.
Cook Strait estimate more than doubles, while Pegasus Canyon reaches a record high
Fisheries New Zealand surveys show hoki spawning aggregations rising sharply: 124,000 tonnes in Cook Strait, up from 58,000 tonnes in 2023, plus record indices of 145,000 tonnes in Pegasus Canyon and 38,000 tonnes in Conway Trough.
The data do not represent total stock biomass or automatically imply higher TACs.
Government, researchers and producers assess costs, climate risks and stronger import competition
South Korea gathered 120 aquaculture stakeholders in Yeoju to discuss competitiveness, rising production costs, climate adaptation and a potential CPTPP entry. The minister also visited an eel farm, highlighting needs in automation, energy efficiency, feed and fish health.
New support will cover up to 95% of premiums for vulnerable producers
From October 20, 2026, Vietnam will expand agricultural insurance aid to aquaculture. Subsidies will reach 95% for poor producers, 50% for other individuals and 30% for eligible firms and cooperatives, initially covering black tiger shrimp, whiteleg shrimp and pangasius.
This measure could reduce farms' financial exposure to disease, flooding, salinity, and heatwaves, while also creating opportunities for insurers, environmental data providers, and remote assessment services.
Landings from Norwegian waters support pelagic processing activity
Faroese vessels Finnur Fríði, Tummas T, Birita and Arctic Voyager return with 394 tonnes of mackerel. 215 tonnes will go to Varðin Pelagic in Tvøroyri and 179 tonnes to Pelagos in Fuglafjørður, supporting local processing and export operations.
The landings will activate local capacity for the reception, sorting, processing, and logistics of pelagic products.
The operation will also enable continued activity at Faroese plants and the scheduling of new shipments to international markets.
The vessel will target cod, haddock, halibut and wolffish in the Barents Sea
The 58-m Gandvik-3, built for Virma under Russia’s investment quota program, can process 35 t of raw fish/day, freeze 25 t of products, store nearly 600 t and operate autonomously for 45 days with a 36-person crew.
The freezer hold is designed to hold almost 600 tons of product, which allows the vessel to remain in the fishery for up to a month and a half.
GSSI welcomes American tuna to the GSSI Global Partnership. The Global Sustainable Seafood Initiative (GSSI) is pleased to welcome American Tuna as its newest Funding Partner.
Founded to champion responsibly sourced, one-by-one caught tuna, American Tuna has spent more than two decades working with traditional pole-and-line and troll fisheries to bring responsibly harvested seafood to consumers across the United States. What began in 2004 with a commitment to support American fishing communities has since grown into partnerships with one-by-one fisheries around the world, from the Maldives to New Zealand.Today, American Tuna offers a growing portfolio of responsibly sourced seafood products, working with retailers, distributors and private-label partners
Norway will make up to 8,200 tonnes of additional salmon farming capacity available in green production areas this year, while farms in the country's sole red area face an estimated 5,300-tonne reduction.
The Ministry of Trade, Industry and Fisheries has formally adopted the regulations governing the 2026 capacity adjustment under Norway's traffic-light system.
Three of the country's 13 production areas have been classified green and can increase maximum permitted biomass by up to 6%. Nine areas remain yellow, with capacity unchanged.Production area 3, stretching from Karmøy to Sotra, is the only red area and must cut capacity by 6% because of the assessed impact of salmon lice on wild salmon.
Source: SalmonBusiness | Read the full article here
The large Norwegian based wellboat and aquaculture services company Frøy is strengthening its fleet with three more new service vessels from Rainbow Nantong Shipyard in China.
Two of the vessels have already secured long-term contracts with two of Norway’s largest aquaculture companies – and the company says the investment marks a new step in Frøy’s work to build a more modern, efficient and sustainable fleet.Frøy said the boats represent the next generation of service vessels and will strengthen its capacity to meet the future needs of the aquaculture industry.
Author: Vince McDonagh / Fish Farmer | Read the full article here
ProChile and Chile Mussel from Patagonia strengthen promotion after ABASTUR 2026
A Chilean delegation promoted Patagonian mussels through B2B meetings and gastronomy events in Mexico. ABASTUR gathered 20,000+ buyers and 600 exhibitors. Los Lagos accounts for over 95% of Chile's mussel production.
The delegation included companies representing the brands Landes, St. Andrews, Sudmaris, Camanchaca, and Manuelita, alongside invited firms Pacific Gold and Pesquera Catalunya, as well as representatives from the Chilean Mussel Farmers Association (AmiChile) and Chile Mussel from Patagonia.