Other Media | Fish Farmer: Mowi signs £2.2bn loan facility
NORWAY
Friday, June 13, 2025
Salmon giant Mowi has signed a major 2,600 million euro (£2,200m) sustainability linked loan agreement.
The five year rolling credit facility deal is with DNB, Nordea, Rabobank, ABN AMRO, Danske Bank, SEB and Crédit Agricole.
Mowi said the facility will be used to refinance existing bank debt and for general corporate purposes.
The principal financial covenant of the facility is a minimum equity ratio of 35%, and the facility includes an accordion increase option which provides flexibility for the parties to agree to increase the size of the facility by an additional EUR 400 million during the term of the facility.
Author: Vince McDonagh / Fish Farmer l Read the full article here
The strike in the Argentine shrimp sector causes losses exceeding €170 million for Spanish companies
The strike affecting the shrimp sector in Argentina has triggered a supply crisis with multi-million-dollar consequences for the Spanish fishing industry. With a fleet virtually paralyzed in Argentine waters and the export of this coveted crustacean halted, Spanish companies in the sector have suffered losses estimated at more than €170 million.
According to industry sources, the situation began to worsen in mid-June, when shrimp fishermen, one of the star products of the Argentine Sea, began a strike to demand better working conditions and safer conditions on board.
Since 2016, the Hijos de Carlos Albo canning company has been owned by the Chinese company Shanghai Kaichuang. This, in turn, is part of a complex conglomerate with subsidiaries that have tuna fleets for krill capture—it uses the Shen Lan factory vessel on a lease basis—or processing factories (the Canadian company French Creek Seafood, FCS). One of the subsidiaries of Albo's current parent company is Shanghai Kaichuang Ocean Fishery, which supplies the tuna from the source with an army of fishing vessels that, in many cases, are in need of renewal.
Author: Lara Grana / Faro de Vigo | Read the full article here
In a recent survey of more than 1,000 Alaskans, most named banning bottom trawling as their top priority when it comes to federal fisheries management in Alaska.
Trawlers’ bycatch of non-target species like king salmon, chum salmon, halibut, crab and herring has emerged as a hot button issue in Alaska, with 74% of Alaskans saying they support banning it altogether in a separate March 2025 poll. Trawling was a central issue in last year’s political race between current Rep. Nick Begich and former Rep. Mary Peltola, both of whom named addressing trawl bycatch as central to their campaign.
Vårlaks launches Arctic salmon in French retail pilot with Carrefour.
Premium salmon brand Vårlaks has entered the French retail market with a pilot launch of its Arctic-raised salmon in selected Carrefour stores operated by Groupe Provencia.
The retail rollout marks the first appearance of Vårlaks products in France, following the brand’s establishment earlier this year as a dedicated unit within Norwegian Seafood (formerly Visscher Seafood Group).
Source: SalmonBusiness | Read the full article here
Valparaíso– Specialists in acoustic biomass assessment from Chile's Fisheries Development Institute (IFOP) and Peru's Marine Institute (IMARPE) met in Valparaíso between July 21 and 25, 2025. The purpose was to estimate the biomass of the shared stock of anchovy (Engraulis ringens) inhabiting southern Peru and northern Chile (SPNCH).
This collaboration is crucial for initiating a historical data series, which will feed into models to determine the size of this vital fishery resource for both countries. The initiative is part of the Binational Chile-Peru GEF-UNDP SUBPESCA/Vice Ministry of Fisheries project “Humboldt II.”
Jorge Castillo, an IFOP researcher, explained that data from coinciding cruises from 2020 to 2023 were analyzed, treating them as continuous sampling to obtain results useful for stock modeling.
During the visit, the Peruvian researchers toured the Chilean vessel BC Abate Molina in Valparaíso. Ramiro Castillo, IMARPE's General Director of Hydroacoustic, Remote Sensing, and Fishing Gear Research, expressed his positive impression of the vessel's accommodations, which allow female researchers to carry out their work, promoting inclusion in marine research.
The more than 300 mussel producers grouped together in the Galician Mussel Producers Organization (Opmega) have decided to take a stand in defense of European mussel production, which is significantly dominated by Galicia, but also includes operators in France, Italy, and the Netherlands. The "sustainable model, linked to the territory and with direct social impact," which Opmega claims is being developed in Galicia, is threatened by competition—not very healthy, in the opinion of the mussel producers—from the Chilean mussel (Mytilus chilensis). The mussel, they claim, reaches European markets frozen or canned without specifying its origin
Source: La Voz de Galicia | Read the full article here
Sri Lanka has introduced a new set of rules to regulate the re-export of shrimp, aiming to address concerns from local farmers and maintain the country’s competitiveness in global seafood markets.
In recent years, the Sri Lankan government has allowed increasing imports of foreign shrimp for value addition and re-export purposes, aiming to meet international demand for seafood and accommodate rising domestic consumption, according to Sri Lanka’s Ministry of Fisheries, Aquatic, and Ocean Resources.
Author: Toan Dao / SeafoodSource | Read the full article here
Aqua Nor is one of the aquaculture sector’s biggest and most important trade fairs. Hosted by the Nor-Fishing Foundation, it takes place every two years in Trondheim, Norway, but it is more than just a Norwegian affair – exhibitors, attendees and conference speakers from around the world will be coming together this August.
In recent years, Aqua Nor has adapted to challenges such as the Covid-19 pandemic by adopting a “hybrid” format, combining physical in-person attendance with digital platforms to allow broader participation.
This year’s show takes place over 19-21 August, with a one-day conference preceding it on Monday, 18 August.
Author: Robert Outram / Fish Farmer | Read the full article here
Eighteen feed mills across 12 different countries achieved certification against the Aaquculture Stewardship Council’s Feed Standard in the first six and a half months of this year, the organisation said today.
The certifications come ahead of the October 31 deadline for ASC certified fish farms to ensure they are using feed from feed mills that are certified against the ASC Feed Standard.
Feed mills that have been ASC certified in the period include Cargill’s Westfield plant near Bathgate in central Scotland, and Skretting facilities in Canada, Spain, Norway, Japan, Italy, and Australia.
Source: fishfarmingexpert | Read the full article here
For years, the bulk of Chilean salmon production has been oriented toward international markets. However, recently, some of the leading production companies have begun to look at the domestic market with a different perspective. Australis, Camanchaca, and Invermar, three key players in the sector, have firmly committed to opening their own stores, which will allow them not only to improve brand positioning but also to connect directly with local consumers.
Behind this strategy lies more than a search for commercial diversification. According to company executives, there is a concrete need to contribute to improving Chilean families' access to highly nutritious proteins, in a context where the price of salmon has historically been perceived as high and its consumption comparatively low compared to other producing countries.
NORWAY.png)
The five year rolling credit facility deal is with DNB, Nordea, Rabobank, ABN AMRO, Danske Bank, SEB and Crédit Agricole.
ARGENTINA
The strike affecting the shrimp sector in Argentina has triggered a supply crisis with multi-million-dollar consequences for the Spanish fishing industry. With a fleet virtually paralyzed in Argentine waters and the export of this coveted crustacean halted, Spanish companies in the sector have suffered losses estimated at more than €170 million.
SPAIN
Since 2016, the 
UNITED STATES
Trawlers’ bycatch of non-target species like king salmon, chum salmon, halibut, crab and herring has emerged as a hot button issue in Alaska, with 74% of Alaskans saying they support banning it altogether in a separate March 2025 poll. Trawling was a central issue in last year’s political race between current Rep. Nick Begich and former Rep. Mary Peltola, both of whom named addressing trawl bycatch as central to their campaign. 
FRANCE
Vårlaks launches Arctic salmon in French retail pilot with 
CHILE.png)
The more than 300 mussel producers grouped together in the 
SRI LANKA
Sri Lanka has introduced a new set of rules to regulate the re-export of shrimp, aiming to address concerns from local farmers and maintain the country’s competitiveness in global seafood markets.
Aqua Nor
WORLDWIDE.png)
Eighteen feed mills across 12 different countries achieved certification against the 
For years, the bulk of Chilean salmon production has been oriented toward international markets. However, recently, some of the leading production companies have begun to look at the domestic market with a different perspective. Australis, Camanchaca, and Invermar, three key players in the sector, have firmly committed to opening their own stores, which will allow them not only to improve brand positioning but also to connect directly with local consumers.
