IN BRIEF - Starting today fishing vessel owners will be paid within 24 hours: President
MALDIVES
Tuesday, December 10, 2024
President Dr. Mohamed Muizzu says as per his pledge starting today the payment of fish catch would be deposited to the fishing vessel owner's accounts within 48 hours.
He made these remarks while addressing the residents of Kaafu Gaafaru today.
The President said the fishing industry is an industry that this government is giving high priority to develop.
Noting that the government owed around MVR 225 million to fish vessel owners when he took office, the President said his administration has now paid these dues. He further indicated that around MVR 100 million has been paid as oil subsidies to the fish vessel owners.
However, the President noted that this was not what he had promised during the Presidential Campaign and that he had pledged to pay the fishermen within 48 hours after they weighed their catch. The President said that despite the backlog of payments, the administration will begin implementing his pledge to the fishermen starting tomorrow.
He also assured that the MVR 38 million for the past 14 days will be handed over to the boat owners today and there will be no backlog.
The President that a vital agreement has been reached between the Finance Ministry, MIFCO, and the Bank of Maldives yesterday that would allow the government to deposit payments to fishing vessels that have bank accounts at the BML within 28 hours.
President Muizzu thanked BML and assured fishing vessels with accounts at the Maldives Islamic Bank that he would find alternative paths for them.
The Ministry of Production (Produce) has established a complementary catch quota of 38,659 tons of jumbo squid or pota (Dosidicus gigas). This measure aims to support artisanal fishing vessels and will be in effect until December 31, 2025.
Ministerial Resolution Nº 00402-2025-PRODUCE, published in the Official Gazette El Peruano, authorizes the extraction of this resource, adding to the quota previously approved by another resolution.
Benefited Fleet: Artisanal fishing vessels with a valid fishing permit.
Start of Extraction: Extraction activities are authorized starting at 00:00 hours on November 21, 2025.
Flexibility and Monitoring
Produce emphasizes that this complementary quota is subject to modification. The Peruvian Marine Institute (Imarpe) will monitor the environmental or biological circumstances of the resource and may recommend adjustments to the quota, ensuring the sustainability of the jumbo squid.
JAKARTA — The Ministry of Marine Affairs and Fisheries has set a target of Rp2 trillion (approximately US$120 million) in potential investments following its Investment and Business Matching event held in Jakarta on Thursday.
Machmud (right), delivers press statements in Jakarta on Thursday (ANTARA/Aji Cakti)
The forum, which coincided with National Fish Day, gathered 300 domestic and international participants under the theme “Accelerate National Economic Growth Through the Downstreaming of Fisheries.”
Machmud, the Acting Director General of Competitiveness at the Ministry, stated that the event serves as a critical platform to promote government policies on "downstreaming"—the processing of raw materials to increase value. The goal is to move beyond raw exports and foster concrete partnerships that boost the domestic economy.
Key Highlights:
Global Interest: To enhance Indonesia’s investment appeal, the forum attracted delegations from the Netherlands, Singapore, the European Investment Bank, the Swiss Import Promotion Programme, JICA, and the Indo-Australia Business Council.
Domestic Synergy: Local attendees included regional governments, fish farmers, logistics providers, cold chain operators, and financial institutions.
Actionable Outcomes: Through panel sessions and one-on-one business matching, the Ministry expects the event to yield immediate business agreements and long-term investment realization.
The event, held at the La Tierra sin Mal Auditorium, culminated with the presentation of certificates to over 200 fish-farming families.
The program, which began its journey in 2023, had a territorial impact across 23 municipalities. Its main objective was to transform the local productive matrix through strategic training in:
Regenerative aquaculture and sustainability.
Commercial management and planning.
Gender focus applied to the sector.
A Sector with Huge Potential This training addresses a structural need within the province. Misiones ranks as the jurisdiction with the highest number of fish farmers in the country, hosting over 4,000 productive units. However, the current challenge is commercialization: currently, only 9% of producers manage to sell more than 30% of their production.
With the conclusion of Mayma Azul, the province seeks to reverse this statistic, professionalizing families so they can make the leap from a subsistence economy to a scalable and sustainable business model.
A series published in the medical journal The Lancet denounces how the expansion of ultra-processed foods is driving obesity, chronic diseases, and inequality, and calls for governments capable of prioritizing public health over corporate profit.
The image of a healthy diet based on fruits, vegetables, legumes, and fresh foods increasingly clashes with the reality of supermarkets: shelves full of ready-to-eat products that are cheap, tasty, and wrapped in shiny plastic. These are the so-called ultra-processed foods (UPFs), and their growing presence on the tables of millions of people has become a global public health problem.
Within the framework of the 122nd Meeting of Members of the International Olive Council in Córdoba, delegations from Spain and Morocco held a meeting to prepare for the 13th Spain-Morocco High-Level Meeting, scheduled for early December. At this meeting, both countries expect to sign two new memoranda of understanding: one on maritime fishing, aquaculture, and combating illegal fishing; and another on agricultural and agri-food cooperation.
In the meeting between the Spanish Minister of Agriculture, Fisheries and Food, Luis Planas, and his Moroccan counterpart, Ahmed El Bouari, both leaders reaffirmed their commitment to further strengthening cooperation in the agri-food sector.
Source: Industrias Pesqueras | Read the full article here
Aquaculture Stewardship Council (ASC) took a leading role in championing responsible aquaculture at the Expo 2025 Osaka–Kansai and Sustainable Seafood Week in Japan. Working in partnership with Seafood Legacy and sustainability organisations, ASC showcased how certified responsible farming can help safeguard marine ecosystems, support communities, and ensure the long-term future of Japan’s seafood heritage.ASC participation in the Blue Ocean Dome was enabled through Seafood Legacy, a key partner working to advance sustainable seafood in Japan.
Salmon farmer Nordlaks' new semi-closed cage will arrive in Hadsel, northern Norway this weekend after a three-week voyage from Turkey.
Fish Farming Expert's Norwegian sister site, Kyst.no, has previously written about Nordlaks' new semi-closed cage, which has been under construction in Turkey. The hull has an inner diameter of 60 metres and an outer diameter of 72 metres.
At the time it went under the project title "Hydra", but now it has been named "Storbåtsegget", which translates as The Big Boat Egg.The pen is designed for a maximum permitted biomass of 3,120 tonnes and will have a production volume of 86,700 cubic meters.
Author: Ulrik Tallhaug Sydnes / fishfarmingexpert | Raed the full article here
Following an unexpected drop last week, Norwegian fresh salmon prices are on the up again according to the latest figures from Statistics Norway.
In the period between 10 and 16 November – week 46 – they rose to NOK 80.10 per kilo (£6.02), just a few pence down on the prices seen two weeks earlier. This represents an increase of 2.6% which is hardly likely to cause a great deal of excitement on the market.
Norway’s export volumes were down by just over 600 metric tons to 23,488 tons, which is still a reasonable figure and several thousand tons higher than back in the spring when they were hovering around the 18,000 ton mark.
Author: Vince McDonagh / Fish Farmer | Read the full article here
The Undersecretary of Foreign Affairs, Gloria de la Fuente, met with representatives from the National Fisheries Society (Sonapesca) and jack mackerel producers in the Biobío Region. Accompanied by Cristian Vallejos, Program Director of the Marine Stewardship Council (MSC) for Latin America, they presented the recertification that confirms Chilean jack mackerel meets the highest international standards of fisheries sustainability, consolidating the country's position as a global leader in the industry.
At the meeting, which included the presidents of Sonapesca, Felipe Sandoval, and of Industrial Fishermen of Biobío, Macarena Cepeda, as well as executives from various companies, the Undersecretary was informed about the scope of the recertification process and the initiatives undertaken to achieve it.
Source: MundoAcuicola | Read the full article here
Record low juvenile salmon counts on River Frome raise extinction concerns.
An annual monitoring programme on the River Frome in Dorset has recorded the lowest number of juvenile wild Atlantic salmon since surveys began more than two decades ago, reinforcing warnings over the species’ long-term viability in UK rivers.
Conservationists from the Game and Wildlife Conservation Trust (GWCT) counted and tagged 3,226 juvenile salmon during their four-week summer survey, less than a third of the 10,000 fish they typically aim to sample and below last year’s previous record low of 4,593.
Source: SalmonBusiness | Read the full article here
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