BANGKOK – Thai Union Group PCL, the world’s seafood leader, has been recognized as one the world’s most sustainable companies in the food products industry, ranking in the top 1% of the S&P Global Sustainability Yearbook 2025.

Thai Union achieved a score of 85 out of 100 following S&P’s Corporate Sustainability Assessment (CSA) 2024 and was one of only 780 companies listed in the Yearbook out of 7,690 assessed. Within the food products industry, 26 companies were selected from 213 that underwent an assessment. S&P’s evaluation focused on sustainability areas such as biodiversity, climate strategy, health and nutrition, human rights, and supply chain management.

Thai Union Ranks Top 1%

“This recognition from S&P Global underscores Thai Union’s unwavering commitment to creating a more responsible and resilient seafood industry,” said Adam Brennan, Thai Union’s Chief Sustainability Officer. “Through our SeaChange® 2030 global sustainability strategy, we’re focused on driving meaningful progress across our entire value chain – from the way we source and produce, to how we engage and uplift the communities we operate in to achieve our purpose  of ‘Healthy Living, Healthy Oceans’. We believe that by embedding sustainability into every facet of our value chain, we can secure a thriving future for both people and planet.”

The Credit Guarantee Corporation of Cambodia (CGCC) and the EU-funded CAPFISH-Capture project have marked a major milestone in their efforts to support local fish processing enterprises.

On February 21, the two organisations signed support agreements for the first group of 11 enterprises, which have already benefitted from approximately $320,000 in grant funding under the Investment Support Facility (ISF).

This financial support is part of a broader initiative aimed at enhancing micro, small, and medium enterprises (MSMEs) in Cambodia's post-harvest fisheries sector by providing vital resources for business growth, food safety compliance and market expansion.

The ISF combines grant funding, loans and contributions from beneficiaries to offer a comprehensive financial package.

This innovative financing scheme totals approximately $2.5 million.

It includes $1 million in grant funds (40% of the total investment) for equipment support, $1.25 million (50%) in loans from participating financial institutions (PFIs) guaranteed by the CGCC, and $250,000 (10%) contributed by the beneficiaries themselves.

The Government of Liberia through the National Fisheries and Aquaculture Authority, NaFAA with funding from the World Bank through the Liberia Sustainable Management of Fisheries Project (LSMFP)

On Tuesday, February 25, 2025, began the distribution of 400 Automatic Identification System (AIS) Transponders to local fishermen on Popo Beach, Bushrod Island in Montserrado County, to enhance safety and efficiency.

According to a NaFAA and LSMFP joint press statement, transponders are distributed to licensed fisherfolks in Montserrado, Grand Bassa, and Grand Cape Mount Counties. This deployment aims to significantly enhance real-time monitoring capabilities and facilitate swift emergency responses, ensuring fishermen safety at sea. Additionally, the transponders will enable precise tracking of artisanal fishing vessels, help prevent losses, and optimize fishing routes for increased efficiency.

Furthermore, the introduction of AIS Transponders marks a pivotal advancement in navigational tracking and communication among small-scale fishermen. These devices play an essential role in sustainable fish stock management and combatting overfishing by providing crucial data on fishing patterns and locations.

Company booked a €23.1m write-down due to mortality, winter sores, and smolt stocking delays

Operating revenues for Iceland salmon farmer Kaldvik rose to €46.8 million (£38.8m) in the final quarter of last year, up from €32.6m in the same period the previous year. However, the operating result before biomass value adjustment and production tax ended at €-18.1, compared to a positive result of €4.6m in the fourth quarter of 2023.

Author: Therese Soltveit / fishfarmingexpert l Read the full article here

What is thought to be the first suspected case of Infectious Salmon Anaemia (ISA) in Norway for some months was reported yesterday.

The discovery is at a Cermaq facility in Alta municipality in Finnmark county. The company notified the Norwegian Food Safety Authority of its suspicions on Tuesday. It said the findings were consistent with ISA and were based on positive analysis results (PCR) after sampling fish at the location.

Author: Vince McDonagh / Fish Farmer l Read the full article here

In January 2025, Vietnam exported USD 774 million worth of seafood products. While this is a 3% increase compared to January 2024, some product categories experienced a decline.