IN BRIEF - Is New Brunswick-based Cooke Seafoods considering taking over Pescanova?
Saturday, March 04, 2023
Abanca negotiates with the Canadian Cooke as a new "industrial partner" for Nueva Pescanova | The talks are “very advanced” | The operation would strengthen the margins of the Galician firm with more volume
With subsidiaries in the United States, Spain, Chile, Scotland, Australia, Honduras, Nicaragua, Argentina and Uruguay, the Cooke Group is one of the world's leading companies dedicated to the cultivation, processing and marketing of salmon and also to the fishing activity.
Company reportedly buying majority stake in multinational fishing enterprise Nueva Pescanova employs 11,000 people in 18 countries but has a net debt of about $450 million default.
Cooke Seafoods is not saying anything, but reports of the Atlantic Canadian company’s quest for a majority stake in a Spanish fishing company are making headlines around the world.
According to the company's latest annual report on March 31, 2022, Nueva Pescanova's fishing fleet has more than 60 vessels, operating in the Southern Hemisphere, fishing for red shrimp and hake in South America, and prawns, hake and kingklip in Africa.
Earlier this year, Frosta, a leading German manufacturer of frozen products, launched NPD vegan fish fingers across major German retailers, after three years of development.
Frosta, which reported increased sales of its brand of frozen foods in 2022, said that part of the success came from its plant-based innovations, such as vegan Asian street food dishes.
Additionally, despite the overall frozen fish market sharply declining sales, Frosta’s fish sticks were “the darlings of the public,” becoming an increasingly popular choice among consumers, reported the company.
Described as “indistinguishable” from the classics, the vegan product targets the growing flexitarian consumer in Germany. It is manufactured at an exclusive production line at Frosta’s facility in the seaside town of Bremerhaven.[continues...]
Mitsubishi Shipbuilding, a member of the Mitsubishi Heavy Industries Group, has partnered with Winter Tool Gas & Diesel (WinGD), a Swiss licensor of large marine engines, to supply an ammonia fuel supply system for a large low-speed two-stroke marine engine. low speed development by WinGD Begin to study the technology to be developed.
Image: From left to right: Dominik Schneiter, WinGD Vice President of R&D, Klaus Heim, WinGD CEO, Toru Kitamura, Mitsubishi Shipbuilding Co. President and CEO, Manabu Kawakado, CEO, Head of Engineering Center Mitsubishi Shipbuilding Co. Marine
The two companies signed a memorandum of understanding (MOU) at WinGD headquarters on the 2nd, and MHI announced it on the 5th. WinGD is currently developing a large low-speed ammonia-fired 2-stroke marine engine "X-D
MOUNT VERNON, Wash. (AP) — A lawsuit filed by a Washington oyster farmer accusing a former county deputy of falsifying an arrest report and urging a person to lie during a domestic-violence investigation has been settled for $250,000.
Gerardo Rodarte, the owner of Samish Gold Seafoods, sued Skagit County and former deputy Joseph Gutierrez in 2020, after Rodarte was acquitted by a jury of domestic-violence assault charges, The Seattle Times reported.
The charges were based on the deputy’s sworn statement and reports. Court documents show Gutierrez, who was fired in 2018 over allegations of having sex while on duty and failing to aid other officers during a jail escape, refused to testify at trial.
Rodarte’s lawsuit alleged that Gutierrez conspired with Rodarte’s niece, who was also an oyster farm employee, to falsely accuse her uncle of assaulting her in exchange for help with her immigration status.
The relatives of the 12 sailors who are still missing hope that the judicial expedition can locate a body and clarify the causes of the accident.
Almost a year and a half after the tragic shipwreck of the Galician fishing vessel Villa de Pitanxo in the waters of Newfoundland, where it fished in the middle of a storm, and which only 3 of the 24 sailors of its crew survived, the judicial expedition aboard the ship Ártabro constitución This Saturday the discovery of the wreck at a depth of 750 meters. The location of the ship takes place two days after a metallic structure is seen on the seabed, 400 kilometers from the Canadian island of Newfoundland.
The submarine Rov (unmanned vehicle controlled by remote control) that the search mission is attached to descended this Saturday to try to identify the remains of the shipwreck and has been able to verify that it is the Galician fishing boat that sank on February 15, 2022 in waters Newfoundland with 21 victims, of which 12 are still missing. The Rov's cameras allowed us to record some details of the structure that identify the fishing vessel, including its name.[continue...]
Close to a thousand vessels, the majority associated with the aquaculture industry and passenger transport in the southern southern zone of the country, are potential objects of transformation of their energy generation systems to incorporate alternative sources that complement diesel consumption.
A study that has just finished at the Universidad Austral de Chile allows this campus to provide shipowners with advice for the design and implementation of these hybrid systems that contribute to reducing the emissions of polluting gases from the combustion of fossil fuel and allow savings of operational costs.
Fighting Illegal, Unreported and Unregulated (IUU) Fishing is a priority for Canada. To end this practice, the Canadian Government has established the Shared Ocean Fund as part of Canada's Indo-Pacific Strategy and has committed $84.3 million ($1 = €0.93) to this fund over five years. Among its goals is creating stronger international rules against IUU fishing and deploying advanced satellite detection technology to help detect, track and intercept illegal fishers.
Source: IndustriasPesqueras | Read the full articlehere
Political leaders, fishing industry professionals, and environmental groups have all broadly welcomed the new provisional agreement reached between the European Parliament and the Council of the European Union on the revised E.U. fisheries control system.
Confirmed on 31 May, 2023 – exactly five years after the proposal by the European Commission to improve the implementation of the common fisheries policy (CFP) – the revised rules modernize the way entities control the fishing activities of both E.U. vessels and those fishing in E.U. waters.
Author: Jason Holland / SeafoodSource | read the full articlehere
Bakkafrost has set bullish harvest targets for its Faroese and Scottish farms over the next three to five years.
By 2026 the plan is for production of 95,000 tonnes in the Faroe Islands and 45,000 tonnes in Scotland.
But in 2028 that should increase to 110,000 tonnes in the Faroe Islands and 55,000 tonnes in Scotland. That would represent an 82% increase on the combined harvest figure for last year, which was 90,600 tonnes.
Author: Vince McDonagh / FishFarmer | read the full article here
The Aquaculture Stewardship Council (ASC) and Santa Monica Seafood are catching a wave together this summer with a first of its kind retail promotion showcasing the benefits of certified, responsibly raised seafood and ASC’s sea green label to Southern California’s shoppers and diners.
ASC is the world’s leading certification and labeling program for responsibly farmed seafood, while Santa Monica Seafood is the largest wholesale, seafood-only distributor in the Southwest, including market and café locations in Santa Monica and Costa Mesa, Calif.
When artificial is beneficial European Union
Much to the fishers’ dismay, cod populations in the Baltic Sea have been decreasing since the 1990s. The reasons are many, including habitat degradation. The same decade also saw the start of a ...