IN BRIEF - Russia Anticipates Recovery in Fish Export Volumes by 2025
RUSSIAN FEDERATION
Tuesday, January 07, 2025
Russia's fish export volumes, which saw a decline this year, are expected to recover in 2025, according to Ilya Shestakov, head of the Federal Agency for Fisheries (Rosrybolovstvo).
Shestakov highlighted that the primary foreign markets for Russian fish products include China, South Korea, Nigeria, and the Netherlands. He also reported that the total fish catch in Russia for the current year is projected to be approximately 4.92–4.93 million tons, falling slightly short of the initially forecasted 5 million tons. However, the outlook for 2025 is more optimistic, with expectations of reaching the 5 million ton benchmark.
Key Export Figures and Trends
In 2023, fishery exports grew by 12%, according to Rosrybolovstvo.
Frozen fish constituted the majority of exports, accounting for 76% of the total.
Pollock remained the dominant export species, followed by herring, sardines, and crabs, which are also supplied to international markets.
The anticipated recovery in export volumes underscores Russia's strategic efforts to strengthen its position in the global seafood market, leveraging its robust fisheries sector to meet growing demand from key trading partners.
This Wednesday, the Official Journal of Galicia published the Order and the Extract of the Order of December 12, 2024, which establishes the bases and regulates the procedure, processed as an advance expenditure file, for the granting, under a competitive regime, of aid for investments in SMEs for the processing of fishery and aquacultureproducts, co-financed with the European Maritime, Fisheries and Aquaculture Fund (FEMPA) and is called for the year 2025.
The amount assigned for these aids for the year 2025 is 10 million euros distributed in two annual instalments: 2.11 million for the 2025 annual instalment and 7.88 million euros for the 2025 annual instalment. 2026.
Source: iPac.acuicultura l Read the full article here
The buyer was the Onodera restaurant group, which has Michelin stars
This 276-kilo bluefin tuna that you see in the photo was sold for 1.2 million euros (about 207 million yen) at the traditional (and media-friendly) New Year's auction in Tokyo, at the Toyosu market. It was caught in the waters of Oma, in the Aomori region, located in the North of Japan, an area famous for its rich fishing industry, which stands out not only for its size, but also for the quality of its tuna, considered among the best in the world.
Source: La Voz de Galicia l Read the full article here
SalMar, the world's second-largest Atlantic salmon farmer, harvested approximately 73,800 gutted weight tonnes of fish in Norway and Iceland in the last quarter of 2024, the company said in a trading update.
The company harvested 39,700 gwt in its Central Norway region, 27,700 gwt in Northern Norway, and 6,500 gwt via its Icelandic Salmon subsidiary. These volumes add up to 73,900 due to rounding up.
Source: fishfarmingexpert l Read the full article here
Proximar Seafood reports biomass growth and positive market feedback in Q4 2024.
Land-based salmon farmer Proximar Seafood has announced its sixth production update, reporting a standing biomass of 1,058 metric tonnes at the end of Q4 2024, up from 735 metric tonnes in Q3.
The Oyama-based facility in Japan, operational since October 2022, is targeting a long-term harvest level of 5,300 tonnes (HOG) annually by 2027.
Source: SalmonBusiness l Read the full article here
The Kingfish Company has reached agreement for a fully underwritten €14m (£11.6m) equity private placement to strengthen its balance sheet and ensure liquidity as it prepares to make full use full farm capacity.
The yellowtail fish producer said the move follows a positive outlook for Q4 2024 with estimated volume growth exceeding 50%, reflecting strong market demand and operational scalability.
The Kingfish Company operates a RAS (recirculating aquaculture system) fish farm in the Netherlands and is building another in Maine, in the US.
Author: Vince McDonagh / Fish Farmer l Read the full article here
BILOXI, Miss. (WLOX) - The U.S. Department of Agriculture agreed to purchase up to $30 million in farm-raised catfish products and $25 million in Gulf shrimp.
The seafood purchased by the USDA will be distributed to various nutrition assistance programs and charities.
Sen. Cindy Hyde-Smith says this should also benefit seafood producers in Mississippi.
“Our catfish producers and shrimpers in Mississippi have hit hard times because of high input costs, inflation, and unfair global competition,"said Hyde-Smith. “This new round of Section 32 purchases should work to help sustain their operations while also supplying more protein for nutrition assistance programs.”
The Chubut Secretariat of Fisheries has announced the suspension of fishing activities in provincial waters between parallels 43° 30’ and 44° 00’ S for a period of seven days.
This measure, aimed at ensuring resource sustainability and preserving the marine ecosystem, is part of the responsible fisheries policies led by Secretary of Fisheries Dr. Andrés P. Arbeletche.
Under Resolution No. 2/2025, the suspension applies to all vessels engaged in the capture of Patagonian shrimp (Pleoticus muelleri) within the designated area. It will remain in effect from 00:00 on January 7 until 00:00 on January 14, 2025. After this period, fishing authorizations will automatically resume without requiring additional administrative actions.
Reasons for the Suspension
The decision is based on recent data indicating a concerning increase in the proportion of juvenile specimens classified as L3-L4 or smaller within the catches. This precautionary measure seeks to protect pre-recruits, which are essential to ensuring the sustainable exploitation of the resource in the future.
Commitment to Sustainable Fishing
This action underscores the Chubut provincial government’s commitment to sustainability and the responsible management of its fishery resources. It aligns with principles of conservation, reducing unnecessary fishing efforts, and preventing overexploitation, thereby ensuring the continuity of this valuable economic activity and the health of marine ecosystems.
On January 6, 2025, the Abate Molina scientific vessel departed from the Port of Valparaíso, embarking on a 28-day mission. Professionals and technicians from the Fisheries Development Institute (IFOP) will conduct hydroacoustic surveys to characterize and evaluate anchovy and common sardine stocks. The study spans the regions between Valparaíso and Los Lagos, coinciding with the peak recruitment period and the early stages of their seasonal decline.
Captain José Echeverría leads the vessel, while fisheries engineer Álvaro Saavedra serves as the head of the cruise.
Objectives of the Cruise
To estimate the size of the stock of anchovy and common sardine resources and their spatial distribution in the period of maximum recruitment to the fishery present in the study area.
To characterize and analyze in a space-time context, the demographic composition and its interannual variation of the stocks evaluated through biological indicators.
Characterize and analyze the bio-oceanographic conditions present in the study area and their relationship with the spatial distribution of resources.
Characterize the aggregations of anchovy and common sardine resources in the study area.
Implement the Continuous Improvement Plan for hydroacoustic assessment studies of pelagic resources: anchovy, common sardine, southern sardine and horse mackerel, as appropriate, in accordance with the priorities identified in the preparation of the plan and the available budget.
The 2024 Public Report on Sustainable Aquaculture in Paraguay highlights the achievements of the Surubí Commercial Production Project, a collaborative initiative between the Taiwan Technical Mission in Paraguay and the Department of Fisheries and Aquaculture of the Faculty of Veterinary Sciences at the National University of Asunción. This report provides an overview of the year’s activities, including the training of future aquatic resource experts, scientific advancements aimed at strengthening the sector, educational workshops and activities, as well as strategic collaborations with Paraguayan and international institutions.
(Photo courtesy of the Taiwan Technical Mission in Paraguay)
Key Accomplishments of the Surubí Project
Technical Training:
The project prioritized the training of technical personnel to ensure the successful operation of fry production facilities. This included training programs for technicians from the Ministry of Agriculture and Livestock (MAG), equipping them with the necessary skills to support the aquaculture industry.
Introduction of Advanced Fry Production Technology:
As part of the project’s innovation efforts, cutting-edge fry production technology was introduced, enabling the experimental production of 200,000 fry during 2024.
This initiative marks a significant milestone in Paraguay's journey toward sustainable aquaculture, showcasing a commitment to capacity building, technological innovation, and strategic partnerships to bolster the nation's fisheries sector.
The sinking of a fishing boat off the coast of the port of Kashima, in the prefecture of Ibaraki, northeast of Tokyo, caused the death of two crew members on Monday and the disappearance of three others, whose search continues.
The Japanese Coast Guard believes that it is possible that the boat, which was fishing for sardines, capsized due to the excess of fish in the net although the investigation of the event is still ongoing, according to the Japanese public broadcaster NHK.
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