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Other Media | WorldFishing: Funding for Spain and Croatia

EUROPEAN UNION
Thursday, December 01, 2022

Spain and Croatia have been given €1.12 billion and €243.6 million respectively in EU funding to help promote sustainable fisheries and aquaculture and stimulate innovation and growth.

The European Commission has adopted the European Maritime, Fisheries and Aquaculture Fund (EMFAF) Programme for the countries and will implement the EU common fisheries policy and priorities outlined in the European Green Deal.

Author: Rebecca Strong / Worldfishing l Read the full article here


IN BRIEF - NFI 2023’s New Member Expansion Continues in 2024

UNITED STATES
Thursday, February 29, 2024

Reston, VA – At a time when there are great challenges within the sector, companies are uniting under the National Fisheries Institute’s umbrella to find collective solutions. In 2023, NFI broke its record for new members in a single year, welcoming 22 companies in 12 months. In just the first two months of 2024, the nation’s largest seafood association has already broken that record welcoming 23 new members.  

“We’re hearing from so many companies that now is an important time to engage and help chart the trajectory of the seafood industry,” said NFI President and CEO Lisa Wallenda Picard. “NFI members agree that seafood is the solution for feeding future generations.” 

NFI continues to diversify its membership with the addition of innovative upstart companies and traditional industry powerhouses.  

“NFI is in the midst of its own strategic planning that will help design its course for the next 3 to 5 years, and likely beyond,” said NFI Chair Santiago Alvarez, CEO of Alpha Gamma Group. “Shaping seafood’s narrative, growing support for advocacy efforts, and connecting the industry is at the heart of that effort. And as we’ve seen, the seafood community understands that now is an ideal time to be a part of NFI.” 

NFI will hold its annual Leadership Summit, September 23-26 at the Intercontinental Wharf, Washington, D.C. 


IN BRIEF - Seafarms 'very active' raising funds amid appeal over court ordered liquidation of prawn project

AUSTRALIA
Thursday, February 29, 2024

Last week a court overturned a Deed of Company Arrangement (DOCA) for prawn producer Seafarms (ASX: SFG) to salvage a planned mega-project spanning northern NT and WA, but a stay order allows the Darwin-headquartered company to appeal by 22 March.

The Federal Court determined that the DOCA would allow Seafarms' Project Sea Dragon (PSD) to avoid its liability to construction contractor Canstruct over works at a prawn facility in Legune Station in NT over the border from Kununurra, which an adjudicator had previously deemed to be owed $13.9 million - a decision that prompted the group's calling in of voluntary administrators in early 2023.

The court also ordered the project to be wound up with KordaMentha as liquidators.

But according to an announcement by Seafarms made after the market close yesterday, Project Sea Dragon will "continue its business as usual", with the founder stock centre in Exmouth, WA continuing to improve the quality and performance of broodstock targeted for the project.

"PSD is currently producing export product from Seafarms' Queensland operations to build the export market for PSD and continues to be very active in pursuing funding for Project Sea Dragon," the company stated.[...]

Author/source: Matt Ogg/businessnewsaustralia


IN BRIEF - Barramundi Group: Facility offer of BND 15mil received for expansion of Brunei operations

BRUNEI DARUSSALAM
Thursday, February 29, 2024

Barramundi Group Ltd (“Barramundi Group” or the “Company”) (EURONEXT: BARRA) is pleased to announce that its Brunei operations have secured a facility offer of BND $15 million from a Bruneian financial institution.

The facility, subject to finalization and completion, will be used to fund the first phase of the Brunei expansion and pivot to BG 2.0. The financing allows us to execute the 2 key components of this first phase:

  • The construction of a RAS Broodstock and Hatchery center, complementing the existing RAS Nursery operations; and
  • Immediate deployment of sea cages at our existing sea lease, Pelong Rocks. This deployment is slated for mid 2024.

With the new broodstock and hatchery facility, the Brunei operations will be able to capitalize on the genetic nucleus from our Singapore broodstock – naturally bred and selected over 20 years – to spawn and culture fry and fingerling within Brunei. The capacity of this facility will allow Brunei to be sufficient not only for the Phase 1 Pelong Rocks grow-out cages, with an annual capacity of 1,000 tonnes, but also for Phase 2 requirements of the planned 3,000 tonne land-based RAS facility.

The immediate deployment of Pelong Rocks will help to smoothen the gap in production and revenues, but also provide the Group with an opportunity to re-enter the China market – one of our largest and key markets, previously unreachable with a Singapore-grown product.[...]

Read the full press release here


EN BREVE - Türkiye batió un récord en pesca con 1 millón de toneladas de producción el año pasado

TURKEY
Thursday, February 29, 2024

El año pasado fue productivo en materia de pesca

Türkiye batió un récord en pesca con 1 millón de toneladas de producción el año pasado

Mustafa Altug Atalay, Director General de Pesca y Acuicultura del Ministerio de Agricultura y Silvicultura, hizo una evaluación de la evolución del sector pesquero.

Atalay afirmó que Türkiye destaca en Europa en términos de pesca, tanto en términos de capacidad como de poder pesquero.

Atalay destacó que el país ocupa el primer lugar en Europa, especialmente en piscicultura: "Somos el primer país del mundo en cría de lubina y dorada. Somos el segundo país del mundo en cría de trucha. Somos un país que determina el mercado y ofrece pescado en gran medida".

Al señalar que Türkiye se ha hecho un nombre en la exportación de productos acuáticos, Atalay dijo que los productos pesqueros se exportan a más de 100 países.

Atalay destacó que el año pasado fue productivo en materia de pesca, "El año pasado se batió un récord en acuicultura y productos de caza. El año pasado se capturaron casi 1 millón de toneladas de pescado. Este año, nuestro objetivo es superar las 575 mil toneladas de acuicultura".


IN BRIEF - Incopesca will implement a new shrimp farming system, find out what it is about

COSTA RICA
Thursday, February 29, 2024

With this mechanism you obtain around 3.5 kilos of shrimp per m2
 
The Costa Rican Institute of Fisheries and Aquaculture (Incopesca) carried out scientific studies to determine the potential of "biofloc" technology, a sea shrimp farming system in artificial ponds located in mountainous areas.
 
The entity deploys the project in different indigenous areas in the Caribbean, so that they have an economic alternative linked to sustainable practices.
 
Incopesca verified through trials at its Diamantes Aquaculture Station in Guápiles that biofloc guarantees more productivity than conventional systems.
 
 
With this mechanism, around 3.5 kilos of shrimp per m2 are obtained, compared to traditional methods that obtain around 0.15 kilos per m2.
 
In addition, this technology guarantees greater health for the shrimp by ridding it of any pathogens.
 
This also allows shrimp farming in areas far from the coasts, the system uses clean technology and saves water resources compared to traditional methods.
 
Producers have the ability to reduce food consumption for the species, since they add a carbon source that stimulates bacterial growth that converts toxic nitrogenous waste into biomass to feed the shrimp.
 

IN BRIEF - Mukka Proteins IPO opens today: 4 things to know before subscribing to the issue

INDIA
Thursday, February 29, 2024

The initial public offering (IPO) of Mukka Proteins will open for subscription on Thursday. The issue closes on March 4. Through the public offer, the company plans to raise around Rs 224 crore (U$D 27M). Here are 10 things to know about Mukka Proteins IPO before subscribing to the issue.

1) What is the business overview of Mukka Proteins?

The company manufactures fish meal, fish oil and fish soluble paste, an essential ingredient in the manufacturing of aqua feed (for fish and shrimp), poultry feed (for broiler and layer) and pet food (dog and cat food).

2) What is the industry overview of Mukka Proteins?

Fish meal is predominantly used as a rich source of protein in compound feeds. The demand for fish meal and fish oil in India is driven by the aquaculture industry. The production of fish meal and fish oil depends on the natural availability of fishes and prevailing climatic conditions. In value terms, the industry is expected to grow at 5-9% between fiscal 2022 and 2026 reaching Rs 1600-2000 crore (U$D 190- 267M.

3) What is the size of Mukka Proteins IPO?

The IPO  is completely a fresh equity issue of 8 crore shares (965,165) with no offer for sale segment.

4) What is the price band for Mukka Proteins IPO?

Mukka Proteins has fixed a price band of Rs 26-28 per share (U$D 3.1-3.4M for its maiden public offer. At the upper end, the company plans to raise Rs 224 crore (U$D 27M).


Other Media | Industrias Pesqueras: Pesca confirms the 21.5% cut in the sardine TAC and authorizes purse seine vessels in the Gulf of Cádiz to start

SPAIN
Thursday, February 29, 2024

The Iberian sardine campaign will begin earlier than ever and returning, in terms of the available TAC, to 2022 levels after confirming a 21.5% reduction compared to last year. The General Secretariat of Fisheries has published in the BOE the resolution that establishes the final distribution of the 14,890 tons that Spain will have this year in ICES zones 8C and 9A, 33.5% of the 44,450 agreed with Portugal in the framework of the joint management plan for this fishery. Last year, Spain had 18,962 tons of a total of 56,604.

Source: IndustriasPesqueras | Read the full article here


Other Media | SeafoodSource: Norwegian salmon prices jump more than 7 percent week over week

NORWAY
Thursday, February 29, 2024

Norwegian salmon prices increased 7.53 percent week over week in the eighth week of 2024, after remaining flat the previous week.

According to the Nasdaq Salmon Index, which provides weekly sales updates and a weighted average price for fresh, head-on gutted Atlantic superior salmon from Norway, the average per-kilogram price of Norwegian salmon in the eighth week of 2024 reached NOK 116.69 (USD 11.02, EUR 10.17) from 108.52 (USD 10.52, EUR 9.46), marking an increase of NOK 8.17 (USD 0.77, EUR 0.71).

Author: Bhavana Scalia-Bruce / SeafoodSource | read the full article here


Other Media | FishFarmer: UK supermarkets join price fixing action against salmon giants

UNITED KINGDOM
Thursday, February 29, 2024

A number of British supermarkets are suing Norway’s main salmon companies following a European Union investigation into price fixing.

This latest development was disclosed yesterday by the Lerøy Seafood Group, one of the companies facing action.

Lerøy said in its Q4 report that the supermarkets issued claims for damages in the UK earlier this month against several Norwegian owned aquaculture companies, including those in the Lerøy Seafood Group.

Author: Vince McDonagh / FishFarmer | read the full article here


Other Media | FishFocus: Sea Shepherd's combating illegal fishing

NETHERLANDS
Thursday, February 29, 2024

Non-profit marine conservation organisation Sea Shepherd Global depends on the reliability, speed, and global coverage of Inmarsat Fleet Xpress to report destructive and illegal fishing practices and ultimately effect positive change.

Founded in 1977 as the Earthforce Environmental Society to tackle elephant poaching in Africa, Sea Shepherd moved into marine conservation with the acquisition of its first ship in 1978. Since then, the international non-profit organisation has engaged in a variety of activities focused on protecting ocean wildlife and ending the exploitation and destruction of marine ecosystems.

Source: FishFocus | read the full article here


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Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods, Inc
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
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Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
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FAO - Food and Agriculture Organization - Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
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Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Grupo Pereira Headquarters
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Icom Inc. (Headquarter)
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The David and Lucile Packard Foundation
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Leardini Pescados Ltda
CJ Corporation  - Group Headquarters
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David Suzuki Foundation
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NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
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Seafood Choices Alliance -Headquarter-
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