IN BRIEF - Gigante Salmon Achieves Key Construction Milestone
NORWAY
Thursday, March 27, 2025
Gigante Salmon AS has announced the completion of production basin 2, marking a significant step in their expansion plans.
This basin is the second of three planned production pools.
"This milestone aligns with our previously communicated progress schedule,"the company stated in a stock exchange release. "Gigante Salmon AS remains on track to achieve full production capacity by 2026, with a gradual increase to an annual output of 16,000 tons of head-on gutted (HOG) salmon by 2028."
The company will commence slaughtering its trial production in the second quarter of 2025, anticipating a yield of approximately 550 tons gutted weight.
A LinkedIn post highlighted the successful filling of the basin, described as "very cool," noting its dimensions of over 200 meters in length, 15 meters in width, and 5 meters in depth. A video of the event was also shared.
ANFACO-CECOPESCA, representing the Spanish tuna industry, met with the Xunta de Galicia to warn about the serious risks posed by tariff liberalization for countries like Thailand, without sufficient guarantees of compliance with EU regulations. The sector requested institutional support from Galicia and unity to defend its interests before the European Commission.
On Friday, March 28th, a delegation of senior executives from Spanish tuna companies, grouped in ANFACO-CECOPESCA, held a high-level meeting with the Xunta de Galicia. The meeting, led by President Alfonso Rueda, was attended by the Conselleiro do Mar, Alfonso Villares, and the Directores Xerais Patricia García and Emilio de la Iglesia.
The main objective of the meeting was to strengthen public-private collaboration and establish a joint strategy to protect the competitiveness of the tuna industry, especially the canning sector, against the challenges of the international tariff framework and free trade agreements under negotiation. These agreements could distort the market due to unfair competition from third countries and hinder the global fight against illegal, unreported, and unregulated (IUU) fishing.
Spain's largest tuna trading company fails to secure 65% creditor support after banks that held a large portion of its debt distance themselves from the company.
A fishing giant with feet of clay. Atunlo, Spain's largest tuna trading company, is entering liquidation, stifled by debt exceeding €120 million. This came to light following the Vigo-based company's bankruptcy filing in May 2024. Since then, members of the top management have been abandoning the ship in a process that reflects the group's financial vulnerability.
Author: Alejandra Pascual / Pablo Penedo / La Voz de Galicia l Read the full article here
Kaunas, Lithuania-based surimi producer Viciunai Group has announced a major expansion with a new EUR 100 million (USD 108 million) salmon processing facility in Plunge, Lithuania.
The company announced the news on LinkedIn, saying that the project was its “largest investment.” The project is linked to Viciunai Group subsidiary Viciunai ir partneriai (VIP).
Since its founding in 1991, Viciunai has grown to become a major global producer of surimi, with a diversified portfolio that includes salmon, herring, dumplings, pizza, and pancakes.
Author: Erin Spampinato / SeafoodSource l Read the full article here
SEPA statement that it 'will continue to implement' sea lice framework doesn't mean new limits will be imposed before appeals are heard
The Scottish Government has reiterated that controversial changes to Scottish Environment Protection Agency’s CAR licences for existing salmonid farms won’t be implemented until 210 appeals by fish farmers have been determined.
The changes follow SEPA’s development of its Sea Lice Regulatory Framework (SLRF) designed to mitigate the perceived impact of sea lice from fish farms on migrating wild salmon smolts.
Author: Gareth Moore/ fishfarmingexpert l Read the full article here
Norway’s cod farmers had every reason to celebrate this week. The reason? The price of cod had reached the highest figure ever recorded – almost NOK 1,000 or £72 per kilo.
The broadcaster NRK said a fishmonger in Bergen had paid the record price for the fish.
That deal valued cod at more than 10 times more than farmed salmon. This figure was probably an exception, however. It related to trawler-caught fish and was for the loin from a high quality variety known as skrei, but there is generally little difference in price levels between caught and farmed cod today.
Author: Vince McDonagh / Fish Farmer l Read the full article here
More than 6,400 families will benefit from the formalization and strengthening of safety in fishing and aquaculture.
The Ministry of Production (PRODUCE), through the National Fisheries and Aquaculture Health and Safety Authority (Sanipes), will grant more than 1,600 sanitary authorizations in 2025, a key measure to ensure the safety of aquatic products, enhance the sector's competitiveness, and open new opportunities in local and international markets.
"With these sanitary authorizations, we not only ensure the safety of the products, but also promote the formalization and development of thousands of families who depend on this activity,"said the Minister of Production, Sergio González, after highlighting the impact of this action.
The sanitary authorizations will allow companies and producers in the sector to operate under quality standards, benefiting frozen processing plants, preserves, oil, flour, oil refining, veterinary products, aquatic product warehouses, and aquaculture production centers, among others. In the first quarter of 2025, more than 330 authorizations will be issued, and by the end of the first semester, it is projected to exceed 720.
Shanghai Kaichuang Marine International es la matriz de Hijos de Carlos Albo, conservera histórica que adquirió en el año 2016. Es una compañía que cotiza en Bolsa, en la de Shanghái, con una capitalización próxima a los 2.480 millones de yuanes (en torno a 317,5 millones de euros, al tipo de cambio actual).
En las últimas semanas ha promediado los entre 8 y 9 yuanes por título, como consta en los registros de este parqué. Hasta que, entre el pasado día 19 y el 21 de marzo, experimentó un subidón superior al 20%.
Autor: Lara Graña / Faro de Vigo l Lea el articulo completo aqui
The renovated facilities include an experimental hatchery dedicated to the research and development of new genetic improvement techniques.
In response to a new era marked by the drive of AVRAMAR Spain and the expansion of its operations, the aquaculture company has reopened its pre-growing plant located in the port of Carboneras (Almería) after two years of inactivity. This was announced by AVRAMAR Spain, which this month resumed operations with renovated facilities covering 7,000 square meters and a total of 1,500 cubic meters, distributed among 58 tanks for the pre-growing of sea bream and sea bass fingerlings.
Source: ipac.acuicultura l Read the full article here
Ahead of European Council and Parliament discussions on the future of the Multiannual Financial Framework (MFF), EU policymakers have been issued with the call from leading industry bodies to maintain and strengthen the current fund for fisheries and aquaculture.
They have also been reminded of the sectors’ critical role in food security, economic stability and environmental sustainability.
The united call, made by AIPCE-CEP, Copa-Cogeca, EAPO, Europêche, ETF and FEAP, urges EU leaders to act decisively in support of the industries, with the insistence that they cannot be measured only in economic terms.
The 14th Aquaculture Roundtable Series (TARS), will take place at the Shangri-La Hotel in Chiang Mai, Thailand, on 20 and 21 August and will focus on the need to revive shrimp aquaculture in Asia,
TARS 2025 serves as the platform for industry stakeholders to come together to explore new options and chart a new path for long-term economic sustainability, that is based on precision farming for higher productivity, leading to better profitability.
The format for TARS has been evolving to suit the needs of industry and provide a more interactive experience.
Source: The Fish Site l Read the full article here
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