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 season has set an all-time catch record: 185,233 tonnes in Chubut ports managed by Puerto Madryn.
According to this year's shrimp catch report released by the Undersecretariat of Fisheries, Conarpesa—a partner of the Galician company Wofco—leads the rankings for landings. Eight of the top 12 spots are held by Galician companies: the aforementioned Conarpesa, Iberconsa, and Pesquera Deseado (in which Profand holds a stake).
Conarpesa’s freezer trawler *Don Juan Álvarez* took the top spot, landing 1,952 tonnes. It was followed by the *Patagonia Queen*—owned by the US-based Red Chamber—with 1,797.5 tonnes, and Iberconsa’s *API XII* with 1,536.2 tonnes.
Author: Cecilia Valdez / La Voz de Galicia | Read the full article here
On September 22, the Fisheries Development Institute (IFOP) and the Chilean Safety Association (ACHS) formalized a strategic collaboration agreement to consolidate preventive management and promote safe and healthy work environments in Occupational Health and Safety (OHS).
During the meeting, the Executive Director of IFOP, Luis Parot, along with Risk Prevention Manager Carlos Rodríguez and ACHS Risk Prevention Expert Álvaro Sanhueza, reviewed the progress made through joint efforts in 2026 and outlined key priorities and challenges for the 2026-2027 period.
This alliance will reinforce IFOP’s preventive capabilities and directly address safety across its scientific, technical, and operational activities, covering both onshore facilities and field research operations aboard vessels.
33 Indonesian-flagged vessels deployed in the Arafura Sea
Indonesia and China are implementing fisheries cooperation involving 33 vessels and 669 Indonesian workers. The fleet is projected to catch 9,500 tonnes/year and generate Rp65 billion (US$3.6m) in state revenue, while supporting training, processing and port development.
The impact of the rising tide of data and the growing role of AI in its interpretation came under the spotlight at the first ever Aquaculture – Driving Sustainable Growth Conference at IceFish 2026.
In the opening afternoon session at the debut event, a series of expert speakers gave their views on AI’s impact of the sector, with a broad agreement that the sheer quantity of data was not an issue, though its assessment, determination of its meaning and resulting action remained a challenge.
EquaFish offered an improved operational culture where data was readily available in a useful manner to those who needed it.
When The Fish Site first interviewed Benjamin Orishaba in 2022, he was managing tilapia hatcheries in Côte d’Ivoire while developing his aquaculture consultancy. Four years later, he is working in a large-scale intensive Nile tilapia production facility in Kenya and has completed an MSc in Sustainable Aquaculture at the University of St Andrews. His experience across Uganda, Côte d’Ivoire and Kenya gives him a perspective on how different production models are developing across African aquaculture.
Working with an intensive production system in one of Africa’s largest commercial RAS hatchery operations has taught me what happens when aquaculture moves from managing thousands of fish to managing millions.
What is particularly important to me is making this accessible to African businesses.
Author:Emma Barbier / The Fish Site | Read the full article here
The annual meeting in Vilnius addressed the future of Flemish Cap cod and launched a benchmark assessment for the 3NO stock, while the LDAC called for quota stability, improved scientific data, and the protection of European fleet interests.
Cod has once again taken center stage in the decisions of the Northwest Atlantic Fisheries Organization (NAFO). The 48th annual meeting, held from September 21 to 25 in Vilnius (Lithuania), addressed fishing opportunities for 2027 against the backdrop of trends in the Flemish Cap (3M) cod stock, the reopening of the Northern (2J3KL) cod fishery, and the need to improve scientific understanding of the 3NO stock.
eCDT rollout strengthens traceability and fight against IUU fishing
Ho Chi Minh City ordered all fishing vessels 6 metres or longer to install eCDT by October 30. Boats without the system cannot leave port. The measure strengthens catch traceability, IUU fishing controls and compliance for seafood exports to the EU.
Province shifts toward high-value, deep-processed seafood under its 2026–2030 development plan
Vietnam's Dong Thap targets 6.87% annual growth in seafood production value and 1.409 million tonnes of output by 2030. Processed seafood exports are expected to grow 10% annually, driven by pangasius, shrimp and molluscs, advanced freezing, automation and value-added products including collagen, gelatin and chitosan.
The aquaculture and fisheries sector of Los Lagos has gained new commercial opportunities in North Asia. Companies such as Aqua Chile, Maroa Foods, and Sudmaris joined a delegation organized by ProChile—comprising over 30 domestic firms—aimed at strengthening trade ties and expanding their presence in three strategic markets: South Korea, Japan, and Taipei.
The Chile–North Asia Business Meeting, held in Seoul from September 7 to 9, featured a business matchmaking session with 80 importers and projected nearly 450 business meetings, alongside activities designed to explore consumer trends and promote Chilean food products.
Source: MundoAcuicola | Read the full article here
Norway set a new record for salmon exports last week, shipping 43,800 tonnes (round weight) abroad and beating the previous record set in mid-August by 245 tonnes.
The volume was 22.3% higher than in the same week in 2025.Despite the all-time high export volume, the spot price of Norwegian salmon increased last week, albeit by just NOK 0.19 (£0.015) per kilo to NOK 65.94 (£5.18) per kilo.
Author: Pål Mugaas Jensen / fishfarmingexpert | Read the full article here
Northern Basin Atlantic Cod Spawning Stocks Begin Rebuilding Russia Fed.
Following a prolonged decline since 2015, Russian and Norwegian scientists observe signs of stabilization and project a Total Allowable Catch increase for 2027
The agency Rosrybolovstvo regularly mon...
MALDIVES
ARGENTINA.png)
According to this year's shrimp catch report released by the Undersecretariat of Fisheries, 
CHILE.png)
On September 22, the Fisheries Development Institute (IFOP) and the Chilean Safety Association (ACHS) formalized a strategic collaboration agreement to consolidate preventive management and promote safe and healthy work environments in Occupational Health and Safety (OHS).
INDONESIA
ICELAND
The impact of the rising tide of data and the growing role of AI in its interpretation came under the spotlight at the first ever Aquaculture – Driving Sustainable Growth Conference at 
KENYA
When The Fish Site first interviewed Benjamin Orishaba in 2022, he was managing tilapia hatcheries in Côte d’Ivoire while developing his aquaculture consultancy. Four years later, he is working in a large-scale intensive Nile tilapia production facility in Kenya and has completed an MSc in Sustainable Aquaculture at the University of St Andrews. His experience across Uganda, Côte d’Ivoire and Kenya gives him a perspective on how different production models are developing across African aquaculture.
LITHUANIA
The annual meeting in Vilnius addressed the future of Flemish Cap cod and launched a benchmark assessment for the 3NO stock, while the LDAC called for quota stability, improved scientific data, and the protection of European fleet interests.
VIET NAM
eCDT rollout strengthens traceability and fight against IUU fishing
SOUTH KOREA.png)
The aquaculture and fisheries sector of Los Lagos has gained new commercial opportunities in North Asia. Companies such as Aqua Chile, Maroa Foods, and Sudmaris joined a delegation organized by 
NORWAY
Norway set a new record for salmon exports last week, shipping 43,800 tonnes (round weight) abroad and beating the previous record set in mid-August by 245 tonnes.
