Other Media | SalmonBusiness: Risk of discounted share issue lowers Atlantic Sapphire
NORWAY
Friday, May 13, 2022
The former stock comet Atlantic Sapphire has received a round of applause on the stock exchange. An imminent issue is highlighted as one of the reasons behind the price drop.
The land-based fish farmer’s share price fell to a new low on Thursday morning, after a decline of just over three percent. Over the past year, three quarters of the company’s market value has been ploughed away.
Recently, the brokerages Norne Securities and DNB Markets were out with analyses that predicted large share issues in Atlantic Sapphire.
Source: SalmonBusiness | read the full articlehere
Cascavel – A fish farmer in Cascavel, Paraná, has initiated legal action against Companhia Paranaense de Energia (Copel) seeking compensation for a massive loss of 55 tons of tilapia. Simone Carvalho, who operates a sport fishing and pay-to-fish facility in Sede Alvorada district, suffered the devastating loss two months ago when a power outage compromised her aeration system, leading to mass fish deaths.
The incident occurred on a particularly hot day when strong winds caused a tree to fall onto the power grid, cutting off electricity to Carvalho's property. Without power, the essential oxygenation equipment failed, resulting in the demise of her fish stock.
Copel, the power utility, reportedly denied Carvalho's claim for compensation. The company asserted that the power interruption was due to "causes external to the electrical system," specifically weather conditions, and not an operational failure on their part.
Copel confirmed that the case was reviewed according to Aneel's Normative Resolution No. 1,000/2021, which outlines compensation criteria.
This incident was followed by another storm on May 9th, which again disrupted power in the area, forcing Carvalho's restaurant to close early. However, due to milder weather conditions during this second event, the fishponds were not affected.
Inner Mongolia — A pioneering aquaculture project is turning saline-alkali water bodies in Inner Mongolia into productive seafood farms. In May 2025, 20,000 sea bass fry were introduced into two inland sites in Bayanmaodu Sumu, marking the start of an adaptive breeding experiment for marine fish in non-traditional environments.
Led by the Yellow Sea Fisheries Research Institute and China University of Petroleum (East China), the initiative aims to revitalize rural areas by tapping into underutilized saline-alkali waters—estimated at 200,000 to 300,000 mu in Kezuohou Banner. The project also explores farming white shrimp and is backed by rigorous monitoring of water quality and fish growth.
If successful, this model could establish a new “saline-alkali seafood” industry inland, supporting economic development and food production. The effort follows recent national advancements in transporting marine fish over long distances, underscoring China's push to expand aquaculture innovation.
In a powerful show of regional cooperation and environmental stewardship, China and Vietnam have conducted their eighth annual joint fishery resource enhancement activity in the Beibu Gulf.
The event, held at the Beilun River Estuary, involved the release of more than 74.77 million aquatic seedlings and parent stock from 10 marine species, including yellowfin and red porgy.
Senior officials from both countries, including China’s Vice Minister of Agriculture and Rural Affairs Maierdan Mugaiti and Vietnam’s Vice Minister of Agriculture and Environment Phung Duc Tinh, attended the ceremony. The initiative reflects the two nations’ deepening strategic partnership and shared goal of building a sustainable marine ecosystem.
Since 2017, China and Vietnam have jointly released aquatic species annually to revitalize marine life in the Beibu Gulf. China alone has contributed over 420 million seedlings, with a reproduction and recapture rate exceeding 5%, underscoring the program’s effectiveness.
With 2025 marking the 75th anniversary of diplomatic relations and the “China-Vietnam Cultural Exchange Year,” both sides aim to further strengthen cooperation in agriculture and fisheries. Future plans include accelerating talks on a Beibu Gulf Fisheries Cooperation Agreement, improving joint fisheries management, and advancing innovation for sustainable development.
The first list of ports authorized to apply the new exception to the tolerance margin is published, a measure long demanded by the fishing sector.
The European Commission has given the green light to a long-awaited measure in the area of ??pelagic fisheries: the publication of the first list of landing ports authorized to apply the simplified catch control regime. This establishes the exception to the tolerance margin for unclassified pelagic species, allowing greater administrative flexibility for operators in the sector, without sacrificing control and traceability.
The International Aquaculture Industry Fair, Aquafuture Spain, kicked off its third edition this Tuesday at the Vigo Trade Fair Institute (Ifevi) with more than 200 exhibitors from 26 countries participating until next Thursday.
Over the course of three days, current issues for the sector will be addressed, such as the implementation of the corporate sustainability reporting directive, technology and artificial intelligence applied to marketing and production, circular innovation, and future food trends.
Walmart CEO Doug McMillon recently said that the massive global retailer will likely have to raise prices due to tariffs instituted by U.S. President Donald Trump.
In response, Trump said that Walmart should just “eat the tariffs.”
“Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain,” Trump said on his social media platform Truth Social. “Between Walmart and China they should, as is said, 'EAT THE TARIFFS,' and not charge valued customers ANYTHING. I’ll be watching, and so will your customers!!!”
Author: Christine Blank / SeafoodSource l Read the full article here
The first quarter was characterised by a low harvest volume where majority of the volume was harvested late in the quarter. The focus in the quarter has been to build biomass so that increased volume is facilitated later in 2025.
Operational EBIT for Norway was NOK 852 million in the first quarter of 2025. The harvest volume was 40,400 tonnes and operational EBIT per kg was NOK 21.1. Operational EBIT for the Group was NOK 798 million in the first quarter of 2025. The harvest volume was 42,700 tonnes and operational EBIT per kg was NOK 18.7.
SalMar has great faith in and willingness to invest in profitable and sustainable salmon production in Norway and has recently further strengthened SalMar’s position
Producers will be able to use Salmon Standard until May 2027
The Aquaculture Stewardship Council (ASC) has launched a 30-day public consultation on the inclusion of Atlantic cod (Gadus morhua) within the ASC certification and labelling programme.
To enable quick access to ASC certification, Atlantic cod will initially be added to the scope of the ASC’s Salmon Standard (version 1.4). Cod farming will then be incorporated into the ASC Farm Standard, following a transition period until the Farm Standard becomes the mandatory option from May 2027 onwards.
Source: fishfarmingexpert l Read the full article here
ROSTOV-ON-DON /TASS/. A new research and production facility for cultivating crayfish and shrimp has been launched at the Vzmorye Aquaculture Research Center in Rostov Oblast, the Azov-Black Sea branch of Russia’s State Research Center “All-Russian Research Institute of Fisheries and Oceanography” reported.
Photo: azniirkh.vniro.ru
The complex features a specialized closed-loop water system, enabling controlled breeding conditions for crustaceans. Researchers will use the facility to identify optimal technologies for farming crayfish and shrimp in southern Russia.
Initial trials have begun with Australian red-clawed and long-clawed crayfish, as well as Rosenberg shrimp. Scientists are also exploring the potential of other species, using both closed systems and open pond methods at the center.
The European fishing sector, represented by Europêche and its Spanish member Cepesca, has welcomed the new fisheries agreement reached between the European Union and the United Kingdom, which extends reciprocal access to fishing waters until 2038.
While the full details have yet to be released, the sector sees the deal as a key step toward long-term stability post-Brexit.
The agreement, to be formally signed in London by European Commission President Ursula von der Leyen and UK Prime Minister Keir Starmer, is expected to enhance cooperation, predictability, and sustainability in the shared management of marine resources.
Replacing the current framework set to expire in 2026, the deal is seen as offering vital certainty to European fishing communities that depend on UK waters. In return, the EU and UK have agreed to ease trade tensions by simplifying sanitary and phytosanitary controls, benefiting exporters and consumers alike.
The agreement is part of a broader EU-UK cooperation package that includes energy and defense, signaling a new era of strategic partnership. Europêche notes that the 2020 Trade and Cooperation Agreement led to the loss of 25% of the value of EU landings from UK waters, resulting in fleet reductions and job losses across member states.
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