The excitement is building - 5 days till THAIFEX - Anuga Asia 2024!

Once every year, leading buyers and suppliers from across the Asia Pacific and beyond come together for the region's most immersive food and beverage trade show!

This isn't just any other trade show; this is where you go BEYOND FOOD EXPERIENCE - it's a feast of innovation, networking, and boundless opportunities. 

Last January, the Council of Ministers approved the draft Law on the Prevention of Food Losses and Waste, a norm that was already in the Senate during the last legislature, but which declined due to the dissolution of the Cortes Generales. This second opportunity for the Law will impose specific obligations on the agents of the food chain and, additionally, will consolidate the business opportunity that different B2B and B2C actors involved in surplus management have been exploiting.

Source: Alimarket l Read the full article here

The urgent call for attention launched by the European Bottom Fisheries Alliance (EBFA) has had an effect. The EU countries had been summoned yesterday to comment on the proposal to ban all human activity - including fishing - 10% of all fishing grounds to protect the seabed. It was about moving forward in the application and setting of objectives within the framework of the marine strategies directive, but the fishing industry did not consider the current time, on the eve of the elections to the European Parliament, to be the best time to give a push to a process that dates back to 2008

Source: La Voz de Galicia l Read the full article here

Hatch Blue and Idemitsu, a major Japanese energy company, have launched their Blue Carbon Innovation Studio - a pioneering initiative dedicated to advancing sustainable blue carbon solutions.

This unique programme seeks to attract startups and scaleups with technologies capable of sequestering/reducing carbon through ocean and coastal ecosystems.

Source: The Fish Site l Read the full article here

North American seafood processor and marketer High Liner Foods Incorporated has committed to make a US$10 million investment in Andfjord Salmon Group AS.

Euronext Growth exchange listed Andfjord is farming salmon on the island of Andøya in the Arctic archipelago of Vesterålen, Norway.

In exchange for the $10 million investment, High Liner Foods will receive an approximately 4.5% share ownership in Andfjord. The company’s investment, which will be made from cash from operations, forms part of a larger capital raise by Andfjord that is expected to close in May 2024.

Source: Worldfishing l Read the full article here

Red Lobster, the world’s largest seafood restaurant chain, is fighting off the threat of bankruptcy amid rising debts.

The group, which has hundreds of restaurants across the United States, Asia and central America, has filed in a Florida court for bankruptcy protection in a bid to reduce debt and fend off collapse.

The chain’s “eat endless shrimp” campaign for $20 is being largely blamed for incurring large losses.

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

Starting this Monday, a delegation from the canning association Anfaco-Cecopesca is participating in the 18th edition of the Infofish World Tuna Trade Conference & Exhibition, considered an “essential” meeting point for the tuna industry worldwide. This product is of vital importance for the Spanish industry and Europe as a whole, since its transformation into preserves and preparations represents more than 70% of the total continental sector. In 2023, Spanish companies produced more than 222,600 tons of canned tuna

Source: Faro de Vigo l Read the full article here

The General Secretariat of Fisheries has established the provisions for the implementation of the multi-annual management plan for bluefin tuna in the eastern Atlantic Ocean and the Mediterranean Sea for 2024. The quota of bluefin tuna from the Eastern Atlantic and Mediterranean granted to Spain for 2024 is 6783, 67 tons.

Of this quota, 25.23% will be allocated to the Mediterranean purse seine fleet; 24.22% to traps; 19.36% to the Cantabrian live bait fleet, Northwest Cantabrian Fishing Ground; 6.01% to the fleet of rods and handlines in the Strait; 12.32% to longline and handline fleets; 7.93% to rod holders authorized to fish in the waters of the Canarian Caladero; 2.87% to the small fishing fleet in the Mediterranean: and 0.89% to the fleet of artisanal vessels in the limited catch Strait.

Source: Fisheries Industries l Read the full article here

Cooke Aquaculture Scotland was established in 2014 as part of the global company’s strategy to achieve success through acquisitions and organic growth to meet an increasing market demand for healthy, fresh seafood.

In the past decade, Cooke Scotland has tripled its organic production and increased general production and supply to its loyal customers. The company has harvested and shipped over 52 million fresh farmed salmon to more than 16 different countries worldwide and continues to grow responsibly and sustainably by maintaining consistently high standard

Source: Fish Focus l Read the full article here