IN BRIEF - PRODUCE: Manufacturing GDP grew 6.7% in November 2024, accumulating five months of progress
PERU
Wednesday, January 15, 2025
The Ministry of Production (PRODUCE) reported that Manufacturing GDP grew 6.7% in November 2024, accumulating five months of uninterrupted progress; it would have also contributed S/6,730 million (at constant prices) and contributing 13.3% to the national GDP.
“The growth recorded by the Manufacturing sector in November 2024 is mainly due to the notable increase in the primary industry (fishery products and metal refining). Likewise, it was favored by the growth of the non-primary industry (consumer goods, capital goods and industrial services),” said the head of PRODUCE, Sergio González.
In this way, in the cumulative period from January to November 2024, manufacturing industrial production grew by 3.2% compared to the same period in 2023.
This result would be associated with the greater activity of industrial fishing in the second quarter; favored by oceanographic conditions. Also, the recovery of domestic demand around 3.5% and industrial exports (+10.9%) had an impact.
It should be noted that, regarding the contribution of primary manufacturing, in November 2024 it experienced a notable increase of (+18.1%), driven mainly by the greater production of the fishery products industry (+32.1%) attributable to greater availability of raw materials.
Salmon farming has become one of the world’s most successful aquaculture industries. It has provided large volumes of healthy protein, created employment in coastal regions and built a global market for farmed Atlantic salmon.
For many years, the main production model has been relatively simple: produce smolt on land, transfer the fish to sea cages and grow them to harvest size in the ocean. This model has been extremely effective. It has allowed the industry to scale up and in the right locations it remains a very efficient way to produce salmon.
But the future will not look exactly like the past.
Author: Ivar Warrer-Hansen / Fish Farmer | Read the full article here
The Ecuadorian shrimp industry, through theNational Chamber of Aquaculture (CNA) and the Sustainable Shrimp Partnership (SSP), has formalised an alliance with Conservation International Ecuador (CI-Ecuador) to strengthen mangrove conservation and restoration efforts, promote sustainable shrimp aquaculture, and contribute to the climate resilience of Ecuador’s coastal ecosystems and communities.Through this agreement, the organisations will establish a framework for collaboration and implement joint actions under the Mangroves for Climate initiative. By 2030, the partnership aims to restore 250 hectares of mangroves within shrimp farming landscapes, contributing to the reduction of an estimated 112,870 metric tons of CO2 emissions
The German government scraps the heavy frigate project led by Rheinmetall and opts for TKMS's Meko frigates to modernize its Navy
The German government has decided to cancel the F126 heavy frigate program—valued at approximately €10 billion—after noting accumulated delays and rising project costs. The decision marks a significant setback for Rheinmetall, which was undertaking its first major foray into military shipbuilding following its acquisition of Naval Vessels Lürssen (NVL), and it reshapes Germany's industrial strategy regarding one of Europe's largest naval defense programs.
During the 2026 Applied AI SummIT, Mowi Chile presented its Smart Farming 4.0 strategy, which relies on artificial intelligence, real-time monitoring, and data analysis to optimize feeding, anticipate environmental risks, and strengthen decision-making in salmon production.
Artificial intelligence is playing an increasingly important role in salmon farming—not only in automating processes but also in enhancing the ability to anticipate production, environmental, and health-related events. This was one of the key takeaways shared by Mowi Chile during the 2026 Applied Artificial Intelligence SummIT hosted by Duoc UC in Puerto Montt.
Source: MundoAcuicola | Read the full article here
This year, Russia unilaterally increased its quota to 67,548 tonnes—nearly five times its 2004 quota.
Following a proposal by the European Union (EU) and recent trade restrictions targeting Russian fish, members of the North-East Atlantic Fisheries Commission (NEAFC)—with the exception of Russia—have adopted measures to curb unsustainable mackerel fishing in the North-East Atlantic. The stock is in a critical state of conservation after years of overfishing, particularly by Russia. This year, the country unilaterally raised its quota to 22.5% of the Total Allowable Catch (TAC)—equivalent to 67,548 tonnes—which is nearly five times the quota it held in 2004.
The EU, the United Kingdom, Denmark (on behalf of the Faroe Islands and Greenland), Norway, and Iceland have agreed to limit Russian mackerel catches in international waters to 1,495 tonnes.
Source: Industrias Pesqueras | Read the full article here
Marine conservation charity Oceana UK has revealed the scale of the UK’s offshore oil and gas legacy,?identifying?1,685 active or unplugged wells inside marine protected areas and warning that ageing infrastructure could pose growing risks to marine wildlife if not properly decommissioned.
The findings come as ministers prepare the?Energy Independence Bill, which is expected to legislate for an end to new oil and gas licences.?Oceana says the UK now has a major opportunity to tackle the environmental legacy of decades of offshore extraction
The Koñimo I, which was being used at a Chilean salmon farm, sank when its crew were sleeping
A fish farm service vessel that sank with the loss of six lives in Chile’s Reloncaví estuary on January 27 has been raised five months after the tragedy
Salvage operations began in early June and the recovery was completed at the weekend.
Following this, prosecutor María Angélica de Miguel reported that “now comes a very important stage, which is the carrying out of the various expert analyses that will be performed together with the Investigative Police”.
Source: fishfarmingexpert | Read the full article here
The Governor of Tierra del Fuego, Gustavo Melella, and the Argentine-Canadian firm Wanchese Cooke—a subsidiary of Cooke Canada—have signed a letter of intent. The agreement aims to establish an initial framework for dialogue, technical and institutional exchange, and the assessment of aquaculture development opportunities within the Argentine province.
This initiative aligns with Tierra del Fuego’s public policy of promoting sustainable, innovative aquaculture that generates added value, in accordance with the provincial Aquaculture Development Plan and current regulations.
Through this agreement, both parties express their commitment to advancing a preliminary work agenda.
Source: iPac.acuicultura | Read the full article here
The International Maritime Organization (IMO) has announced that it will launch an evacuation plan for the 11,000 seafarers currently stranded in the waters of the Strait of Hormuz. This initiative will be carried out in coordination with the governments of the United States, Iran, and Oman, as well as other coastal nations in the region and maritime industry companies, within the framework of the memorandum of understanding recently signed by US and Iranian authorities.
The United Nations body stated that it has all the necessary security guarantees to begin the operation and has verified that conditions for safe navigation are assured.
Source: La Voz de Galicia | Read the full article here
AKVA group said a contract to design and deliver a smolt facility for Icelandic land-based salmon farmer Laxey has come into effect following the completion of financing for the project.
The contract was originally announced on 21 April but was conditional on Laxey securing the funding required for the development.
That condition was lifted on Tuesday after Laxey announced it had completed a €47 million equity raise and secured syndicated financing to support the next phase of its expansion in Vestmannaeyjar, Iceland.
The project relates to the design and delivery of a new smolt facility that forms part of Laxey’s wider land-based salmon farming development in the Westman Islands.
Source: SalmonBusiness | Read the full article here
PERU.png)
“The growth recorded by the Manufacturing sector in November 2024 is mainly due to the notable increase in the primary industry (fishery products and metal refining). Likewise, it was favored by the growth of the non-primary industry (consumer goods, capital goods and industrial services),” 
NORWAY
Salmon farming has become one of the world’s most successful aquaculture industries. It has provided large volumes of healthy protein, created employment in coastal regions and built a global market for farmed Atlantic salmon.
ECUADOR
The Ecuadorian shrimp industry, through the
GERMANY
The German government scraps the heavy frigate project led by Rheinmetall and opts for TKMS's Meko frigates to modernize its Navy
CHILE.png)
During the 2026 Applied AI SummIT, 
EUROPEAN UNION.png)
Following a proposal by the European Union (EU) and recent trade restrictions targeting Russian fish, members of the North-East Atlantic Fisheries Commission (NEAFC)—with the exception of Russia—have adopted measures to curb unsustainable mackerel fishing in the North-East Atlantic. The stock is in a critical state of conservation after years of overfishing, particularly by Russia. This year, the country unilaterally raised its quota to 22.5% of the Total Allowable Catch (TAC)—equivalent to 67,548 tonnes—which is nearly five times the quota it held in 2004.
UNITED KINGDOM
Marine conservation charity .png)
A fish farm service vessel that sank with the loss of six lives in Chile’s Reloncaví estuary on January 27 has been raised five months after the tragedy
ARGENTINA
The Governor of Tierra del Fuego, Gustavo Melella, and the Argentine-Canadian firm Wanchese Cooke—a subsidiary of
WORLDWIDE
The International Maritime Organization (IMO) has announced that it will launch an evacuation plan for the 11,000 seafarers currently stranded in the waters of the Strait of Hormuz. This initiative will be carried out in coordination with the governments of the United States, Iran, and Oman, as well as other coastal nations in the region and maritime industry companies, within the framework of the memorandum of understanding recently signed by US and Iranian authorities.
AKVA group
