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.
Scotland’s salmon industry has been given a big new lift following a key trade deal between the UK and the Middle East.
It follows a similar trade agreement with South Korea last December.
The industry trade body Salmon Scotland said the deal between the UK and the Gulf Co-operation Council (GCC) ensures permanent tariff-free access for UK goods to the United
Arab Emirates (UAE), Oman, Qatar, Kuwait, Saudi Arabia and Bahrain, removing five per cent tariffs on some salmon exports. Scottish salmon exports to the region hit £6.5 million in 2025 with 670 tons.
Author: Vince McDonagh / Fish Farmer | Read the full article here
Inmarsat Maritime has partnered with Argentinian technology provider Ingenieros Electrónicos Asociados (IEA) to deploy its NexusWave connectivity service across the fleet of fishing company Glaciar Pesquera.
The rollout is aimed at supporting Glaciar’s operational efficiency goals while also improving onboard welfare for crew working on long voyages.
NexusWave is a fully managed bonded multi-network service designed to provide secure, high-speed and unlimited connectivity at sea. According to the companies, the solution removes concerns around data overages and unpredictable communication costs, while improving network stability and operational reliability.
According to sector statistics provider Akvafakta, the spot price of Norwegian farmed salmon decreased by NOK 5.38 (£0.43) per kilo last week (week 20), down to NOK 72.56 (£6.08) per kilo.
This is a price that is almost NOK 1 below the price in the same week last year.
The average spot price so far this year is NOK 83.44/kg, compared to the equivalent of NOK 86.85 in 2025.
Author: Pål Mugaas Jensen / fishfarmingexpert | Read the full article here
BioMar is set to debut on the Copenhagen stock exchange at a valuation of DKK 11.5–12.4 billion (€1.50–1.61 billion), after parent company Schouw & Co. set an IPO price range of DKK 100–108 (€13.00–14.04) per share, according to Bloomberg News.
The offering could raise up to DKK 2.72 billion (€353.6 million), with most of the proceeds going to Schouw. The flotation would mark Copenhagen’s largest IPO since 2018.ATP, Danske Bank Asset Management, DNB Asset Management, Nykredit Asset Management and Tind Asset Management have jointly committed to purchasing around half of the shares on offer. Morgan Stanley and DNB Carnegie are acting as bookrunners.
Source: SalmonBusiness | Read the full article here
This sale represents a unique opportunity for buyers to purchase the UK’s first fully electric zero-commissions commercial landing utility vessel.
Gordon Brothers, the global asset experts, is offering for sale (by private treaty) a fully electric commercial landing utility vessel (E-LUV 2208) with an associated power storage system, on behalf of the joint administrators of Coastal Workboats Scotland Limited.
E-LUV 2208 has limited fit-out works remaining, presenting an opportunity for a buyer to complete the final build to suit their operational requirements.
The bay of Pasaia was the setting for the spectacular launch of the latest vessel from the Zamakona Shipyard. The ship, the Eidsvaag Atlas, was commissioned by a Norwegian shipping company and will be used to transport fish feed by sea, according to sources at the port of Pasaia. Representatives from the shipbuilding company, the Scandinavian shipping company, and the president of the Port Authority of Pasaia, Izaskun Goñi, participated in the launching ceremony at 6:30 p.m., which was attended by numerous onlookers and boating enthusiasts.
In addition to a significant portion of the suitable land in the five areas where floating wind farms can be located in Galicia, the Maritime Spatial Planning Plans (POEM) approved by the Government in February 2023 eliminated the possibility, present in the initial draft, of classifying these areas as "priority use" zones for offshore energy over other activities. They were reclassified as simply "high-potential" areas. "It has been very important to have the information, the input, and the participation of all public and private stakeholders."
Author: Julio Pérez / Faro de Vigo | Read the full article here
Gustavo Torrens, Operations and Development Manager at Gama Mobility, analyzes how real-time information is transforming fleet management, optimizing resources, and strengthening logistical efficiency.
The incorporation of real-time information into fleet management is redefining business logistics, allowing organizations to improve operational efficiency, optimize resources, and respond more quickly to changing scenarios. In this column, Gustavo Torrens, Operations and Development Manager at Gama Mobility, discusses how data visibility has become a strategic factor for strengthening operational control, reducing uncertainties, and moving toward smarter and more competitive mobility.
Source: MundoAcuicola | Read the full article here
Conxemar, the International Frozen Seafood Products Trade Fair, has launched a new visual identity for its 27th edition, which will take place in Vigo from October 6 to 8 of this year under the slogan “Where Blue Business Happens.” The rebranding of the fair is part of “the evolution of its brand architecture and consolidates its role as one of the key events within the association's strategy,” explains Conxemar, which launched a new logo last November.“This redesign reflects the evolution of the event and the need to adapt to an increasingly global and competitive environment
Source: Industrias Pesqueras | Read the full article here
For many years, Aquaculture UK, the country’s biggest trade event for the aquaculture sector, has been synonymous with the Highland town of Aviemore. All that is about to change, however, as the city of Glasgow prepares to host the show for the first time in recent years.
Aquaculture UK, to be held this year from June 16-17 at the Scottish Event Campus (SEC) by the River Clyde in Glasgow, has moved from its long-term base to Scotland’s biggest city. It will mean, say organisers Diversified Communications, that the event will be able to accommodate the growing demand for exhibition space and provide easy access for exhibitors and visitors.
Author: Robert Outram / Fish Farmer | Read the full article here
MALDIVES
UNITED ARAB EMIRATES
Scotland’s salmon industry has been given a big new lift following a key trade deal between the UK and the Middle East.
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NORWAY
According to sector statistics provider Akvafakta, the spot price of Norwegian farmed salmon decreased by NOK 5.38 (£0.43) per kilo last week (week 20), down to NOK 72.56 (£6.08) per kilo.
DENMARK.png)
UNITED KINGDOM.png)
Gordon Brothers, the global asset experts, is offering for sale (by private treaty) a fully electric commercial landing utility vessel (E-LUV 2208) with an associated power storage system, on behalf of the joint administrators of Coastal Workboats Scotland Limited.
SPAIN
The bay of Pasaia was the setting for the spectacular launch of the latest vessel from the 
EUROPEAN UNION.png)
In addition to a significant portion of the suitable land in the five areas where floating wind farms can be located in Galicia, the Maritime Spatial Planning Plans (POEM) approved by the Government in February 2023 eliminated the possibility, present in the initial draft, of classifying these areas as "priority use" zones for offshore energy over other activities. They were reclassified as simply "high-potential" areas. "It has been very important to have the information, the input, and the participation of all public and private stakeholders." 
CHILE
Gustavo Torrens, Operations and Development Manager at Gama Mobility, analyzes how real-time information is transforming fleet management, optimizing resources, and strengthening logistical efficiency..png)
Conxemar,
For many years,
