IN BRIEF - Lerøy Seafood Group boards approval of final accounts 2010
NORWAY
Thursday, March 31, 2011
At its meeting on 30 March 2011, the Board of Directors of Lerøy Seafood Group ASA approved the final report and accounts for 2010.
Final accounts and proposed dividend of NOK 10.0 per share (54,577,368 shares), totally NOK 546 million, are not altered from preliminary figures which were published on 23 February 2011.
Shareholder's meeting is scheduled to Wednesday 25 May 2011 in Bergen in accordance with the financial calendar. Summoning, annual report and agenda with attachments will be published through Oslo Børs and www.leroy.no. Summoning will also be sent by post.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
The Minister of Development and Social Inclusion, Leslie Urteaga, recently announced the declaration of emergency and the termination of the Wasi Mikuna social program following incidents of school children being poisoned by supplied food.
Jesús Veliz Valerio, President of the Peruvian Association of Canning Companies (ACP), stated that this event highlights the need to review the purchasing practices of the previous program, which did not allow direct acquisition from canning producers, according to Law 27767, in force for more than 20 years.
Faced with this situation, he proposed a new approach to guarantee the quality of food consumed by school-aged children.
"It is suggested that the new program purchase directly from Peruvian fish cannery producers. Furthermore, it is essential that visits be made to production plants to evaluate the quality standards of the products,"specified the head of the ACP.
He added that implementing these measures will not only ensure that the food is safe and nutritious but will also support the local industry, promoting the economic development of Peruvian producers.
Finally, he pointed out that the health and well-being of schoolchildren must be the priority, and a more transparent and direct supply system can help prevent future poisoning incidents and improve trust in social programs.
One Ocean Week kicks off next week, and Norway’sInstitute of Marine Research (HI), is very much present at several events. This year, it will be mostly about these Fs: fish, feed, research and film.
A ready-to-slaughter salmon eats about 30 grams of feed per day, which amounts to 2 million tons of feed per year. Today, a pellet consists of eight percent Norwegian ingredients and 92 percent imported. The government has set a goal of increasing the Norwegian share in fish feed to 25 percent. This corresponds to an increase of over 300,000 tons of ingredients.
The Institute of Marine Research invites you to a discussion about how we can manage this. State Secretary Even Tronstad Sagebakken will be representing the government.Time: Monday 7 April at 3:30-4:45 PM - Location: Havrommet on Skoltegrunnskaien
Scientists from the St. Petersburg State University of Veterinary Medicine have developed a technology for processing dead fish into mineral fertilizers and feed additives
The rector of the university, Kirill Plemyashov, spoke about this at the international conference “Leaders of the AIC”.
The rector shared the university's experience of interaction with a trout farm in Karelia. During a visit to the enterprise, the company's owner complained that the loss of livestock for various reasons could be 1-3%. The disposal of biowaste costs the company 42 rubles per head. He asked whether the university had a technology that could turn losses into income.
"We decided to take bioreactors that are used in medicine. Products are loaded into them, and after 24 hours we get a mass that is clean in terms of microbial contamination, rich in microelements, which can be used as a mineral fertilizer or animal feed,"said Kirill Plemyashov.
The university staff tested the capabilities of such a reactor during the summer. As a result, the university certified the technology, and a company from Karelia implemented it and uses biomass as a mineral fertilizer.
Scientists from the St. Petersburg State University of Veterinary Medicine continue their research to obtain permission to use the product as a feed additive in Russia.
Grieg Seafood announced on Friday a total harvest of 20,800 tonnes (gutted weight) in the first quarter of 2025.
This represents an increase from the 19,200 tonnes harvested during the same period last year.
Regional Breakdown:
Rogaland: 7,400 tons
Finnmark: 8,100 tons
Newfoundland: 5,100 tons
In British Columbia, the company harvested 100 tonnes of broodstock during the quarter. Regular harvesting in this region is scheduled to commence in the second quarter.
Grieg Seafood's complete Q1 2025 quarterly report will be published on May 22 at 06:00.
Donald Trump's threat to world trade with export tariffs is causing "concern" in Anfaco-Cecopesca, a seafood industry organization made up of more than 250 companies that generate more than 26,000 jobs and have a turnover of more than 14 billion euros annually. After attending the meeting convened by Prime Minister Pedro Sánchez in Moncloa, the organization, whose secretary general is Roberto Alonso, warned that applying the 20% tax on EU exports to the North American market would result in a tax of approximately 58 million euros. This is the result of applying the 20% tax to the 290 million euros invoiced by Spanish seafood industries in the US last year.
Source: La Voz de Galicia | Read the full article here
The Peruvian anchovy fishing industry has been recognized as one of the most efficient globally in terms of environmental sustainability. A study using the life cycle assessment (LCA) methodology conducted by the Austral Group in conjunction with the Peruvian Life Cycle and Industrial Ecology Network (PELCAN), and published in Aquaculture under the title "Identification of current trends in environmental impacts linked to fishmeal and fish oil production in Peru," provides new data on the industry.
The signed study is the first of its kind in terms of the depth of the analysis of the entire production chain, from fishing to export.
Source: Industrias Pesqueras | Read the full article here
Fishing industry leaders have said they are concerned defence negotiations with the EU could lead to the bloc's fishing vessels having increased access to UK waters.
The issue was raised by MPs at an Environment, Food and Rural Affairs Committee meeting which heard the fishing industry was not "a bargaining chip" that could be "traded against defence".
A key trade agreement between the UK and the EU is due to be reviewed in 2026.
Author: Miles Davis / BBC l Read the full article here
Norwegian trout exports up 33% in strong first quarter.
Norway exported 19,164 tonnes of trout worth NOK 1.8 billion ($174.6 million) in the first quarter of 2025, representing a 33 percent increase in value and a 39 percent rise in volume compared to the same period last year, according to data from the Norwegian Seafood Council.
Ukraine, the United States, and Thailand were the largest markets by volume, while Poland showed the strongest growth in value. Exports to Poland rose to 1,770 tonnes, up 139 percent, with the total value reaching NOK 84 million ($8.15 million) — an increase of 142 percent year-on-year.
Source: SalmonBusiness l Read the full article here
Scotland’s salmon farmers say they are confident consumers in the United States will continue to buy their fish despite a 10% import tariff announced by US president Donald Trump on Wednesday.
“Around a quarter of the salmon exported from Scotland is for the American market, where our premium product is increasingly popular,” said Tavish Scott, chief executive of trade body Salmon Scotland.
In 2024, exports of salmon to the US were valued at £225 million, an increase of £85.4m (61%) compared to 2023. That makes the US the second most valuable export market for Scottish salmon, after France.
Author: Gareth Moore / fishfarmerexpert l Read the full article here
Reston, VA – While we are encouraged by exemptions on reciprocal tariffs for some countries, like Canada and Mexico, tariffs will raise the cost of seafood, making the healthiest animal protein on the planet less available and more expensive. Meanwhile, the tariffs could threaten many of the 1.6 million American jobs that, according to the federal government, U.S. commercial seafood companies support.
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NORWAY
PERU.png)
Jesús Veliz Valerio, President of the Peruvian Association of Canning Companies (ACP), stated that this event highlights the need to review the purchasing practices of the previous program, which did not allow direct acquisition from canning producers, according to Law 27767, in force for more than 20 years.
A ready-to-slaughter salmon eats about 30 grams of feed per day, which amounts to 2 million tons of feed per year. Today, a pellet consists of eight percent Norwegian ingredients and 92 percent imported. The government has set a goal of increasing the Norwegian share in fish feed to 25 percent. This corresponds to an increase of over 300,000 tons of ingredients. 
RUSSIAN FEDERATION
This represents an increase from the 19,200 tonnes harvested during the same period last year.
SPAIN
Donald Trump's threat to world trade with export tariffs is causing "concern" in 
The Peruvian anchovy fishing industry has been recognized as one of the most efficient globally in terms of environmental sustainability. A study using the life cycle assessment (LCA) methodology conducted by the Austral Group in conjunction with the Peruvian Life Cycle and Industrial Ecology Network (PELCAN), and published in Aquaculture under the title "Identification of current trends in environmental impacts linked to fishmeal and fish oil production in Peru," provides new data on the industry.
UNITED KINGDOM
Fishing industry leaders have said they are concerned defence negotiations with the EU could lead to the bloc's fishing vessels having increased access to UK waters..png)
Norway exported 19,164 tonnes of trout worth NOK 1.8 billion ($174.6 million) in the first quarter of 2025, representing a 33 percent increase in value and a 39 percent rise in volume compared to the same period last year, according to data from the Norwegian Seafood Council..png)
“Around a quarter of the salmon exported from Scotland is for the American market, where our premium product is increasingly popular,” said Tavish Scott, chief executive of trade body Salmon Scotland.
UNITED STATES.jpg)
Reston, VA – While we are encouraged by exemptions on reciprocal tariffs for some countries, like Canada and Mexico, tariffs will raise the cost of seafood, making the healthiest animal protein on the planet less available and more expensive. Meanwhile, the tariffs could threaten many of the 1.6 million American jobs that, according to the federal government, U.S. commercial seafood companies support.
