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IN BRIEF - CMA CGM Q4 revenue to $16.89 billion

Monday, March 06, 2023

CMA CGM posted a 3.6% year-on-year drop in fourth quarter revenue to $16.89 billion, while earnings before interest, taxes, depreciation and amortisation (EBITDA) came in at $5.69 billion, down 30.9% from the previous year.

Market conditions in the transport and logistics industry continued to deteriorate in the second half of 2022, the group said, citing geopolitical tensions, macroeconomic uncertainty, and a sharp decrease of freight rates.

To address these challenges, CMA CGM said it reinvested almost 90% of its 2022 net profits in its industrial assets and capabilities, strengthened its balance sheet and enhanced its financial flexibility.

Full year revenue for 2022 stood at $74.5 billion, a 33% increase from 2021, while EBITDA came to $33.3 billion, up 44.2% year-on-year.

Author/Source: Christian Fernsby / poandpo

EN BREVE - Salmón Verlasso de AquaChile una vez más presente en el PGA Tour

Friday, May 17, 2024

Figures such as Tiger Woods and the Chilean Joaquín Niemann participate in the tournament.

Between today and Sunday, one of the 4 golf majors in the world will take place: the PGA Championship 2024, which will be played in Valhalla (Kentucky, United States) and the Chilean salmon will be present. This is because AquaChile, through its client “What Chefs Want Jacksonville”, made its ultra-premium Verlasso salmon available for this important sporting activity.

This championship - where 200,000 spectators are expected - usually has the strongest field of the four majors, and will feature 156 players. Among them were the top 70 on the PGA Championship points list through the CJ Cup Byron Nelson played in early May. The Chilean Joaquín Niemann leads the Latin American delegation, which includes the Argentines Emiliano Grillo and Alejandro Tosti, and the Colombian Camilo Villegas. In addition, there will be prominent golfers Tiger Woods, Brooks Koepka, Rory McIlroy, Scottie Scheffler, Jon Rahm, Collin Morikawa, Phil Mickelson, Hideki Matsuyama, Dustin Johnson and Justin Thomas, among others.

Verlasso will be available to athletes and the general public, as it will be in the different restaurants and VIP rooms of the tournament.

AquaChile is the second player in the world salmon industry, it produces products of the highest quality, and it does so through environmentally responsible production that is close to neighboring communities.


Other Media | La Voz de Galicia: Spain cultivates 45 different species in more than 5,700 aquaculture facilities

Friday, May 17, 2024

Apromar, the Spanish Aquaculture Business Association, held its general assembly in Madrid, in an event in which the Minister of Agriculture, Fisheries and Food, Luis Planas, highlighted the value of sustainable aquaculture for its ability to provide top quality food and contribute to the development of rural communities. Planas highlighted the strategic nature of the activity, promoting the blue economy and creating employment opportunities in coastal and rural communities with a high risk of depopulation. In fact, the activity employs around 12,500 workers in the State.

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

Other Media | Ind Pesqueras: Conxemar highlights in Morocco the importance of 3rd countries collaborating in implementation of european popolicies

Friday, May 17, 2024

The general director of Conxemar, Yobana Bermúdez, participated this week in the third conference on sustainability of fishing resources held in Casablanca (Morocco), organized by the National Federation of the Industry of Transformation and Valorization of Fishing Products (Fenip) and the Swiss Import Promotion Program (Sippo), in collaboration with several Moroccan institutions and with the technical cooperation of the Food and Agriculture Organization of the United Nations (FAO) and the General Fisheries Commission of the Mediterranean. An event that also included the Minister of Agriculture, Maritime Fisheries, Rural Development and Water and Forests, Mohammed Sadiki, and to which Conxemar was invited by Fenip.

Source: Industrias Pesqueras Read the full article here

Other Media | Fish Focus: Global fishmeal production dropsin the first quarter

Friday, May 17, 2024

Based on its membership, which accounts for 55% of global marine ingredients production, The marine ingredients organisation, IFFO, has provided an update on the main trends observed from January to March 2024 in a selection of countries*.

The update says: “In Peru’s North-Centre, almost 50% of the 2.475 million mt anchovy quota has been caught during the first 23 days of the 2024 first fishing season. Peru’s quota setting is of critical importance considering that the country accounts for 20% of global fishmeal and fish oil production in an average year.

Source: Fish Focus l Read the full article here

Other Media | The Fishing Daily: Seafish Begins Formal Industry Consultation to Revise Levy Structure

Friday, May 17, 2024

Seafish, the public body that supports the UK seafood industry to thrive, has started formal consultation with its levy payers and the wider seafood industry on proposals for a new levy model.  

Levy is due on the first sale of seafood, both domestically landed and imported, in the UK. It is not charged on farmed salmon, trout, and freshwater fish species because these species are excluded by primary legislation. Nor is it currently charged on canned, bottled and pouched seafood products.  

Author: Oliver McBride  / The Fishing Daily l Read the full article here

Other Media | Fish Farmer: Lerøy beats expectations with Q1 numbers

Friday, May 17, 2024

Despite a series of challenges this winter, the Lerøy Seafood Group has announced better than expected 2024 first quarter results.

Lerøy, which also owns one of Norway’s largest white fish trawler fleets, produced an operational EBIT or operational profit of NOK 842 million (£62m).

This is down from NOK 989 million (£73m) in Q1 last year, but the outcome is far better than what was being predicted by analysts.

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

IN BRIEF - Opmega Conference: Mussel cultivation in Batea

Thursday, May 16, 2024

We attach the program for the conference organized by Opmega that will take place today, Thursday, May 16, at the Mexillón Building in Galicia. The event will feature interventions by the mayor of Vilargarcía (10:00 a.m.) and the Sea Councilor (1:15 p.m.).
OPMEGA is an OP with a national scope of action recognized by Order of the Ministry of Agriculture, Fisheries and Food, dated December 30, 1986 (Official State Gazette No. 23, dated 01/27/1987) as the OPP-18.
Since its foundation, OPMEGA brings together producers from all the Galician estuaries, where they join forces and work to improve and defend the interests of their producers and their Galician mussels.

IN BRIEF - Hokkaido scallops landed in 2023, production has decreased to 400,000 tons for 4th consecutive year

Thursday, May 16, 2024

According to a summary by the Hokkaido Fisheries Federation, the number of scallops landed in Hokkaido in fiscal 2023 (April 2023 to March 2024) was approximately 406,700 tons, down 3% from the previous year.

Trends in scallop landings in Hokkaido (from April to March)

Although it was lower than the previous year for the second consecutive year, it maintained the high level of 400,000 tons that has continued since fiscal 2020. The average unit price fell 20% to 211 yen per kilogram, falling below the previous year's level for the first time in three years, due to a reaction to the previous year's rise in product prices and the impact of the release of ALPS-treated water into the ocean.

Looking at the quantity by region, in the main Okhotsk region, Kitami in the south has increased by 5% to 204,900 tons, the highest in recent years, while Wakkanai in the north has decreased by 11% to 119,500 tons, for a total of 2. % decrease to 324,400 tons, which was below the level of the previous year.

In the Funkawan area, although Muroran decreased, Hakodate increased, and the total decreased by 1% to 61,000 tons, about the same as the previous year.[continues...]

Source: The Suisan Keizai Daily News (translated from original in Japanese)

IN BRIEF - China overtakes Korea in global shipbuilding competitiveness

Thursday, May 16, 2024

China overtook Korea in overall competitiveness in the shipbuilding industry in 2023, according to the report titled “Comprehensive Competitiveness of the Shipbuilding Value Chain and New Directions for Korea’s Maritime Strategy” released by the Korea Institute for Industrial Economics and Trade (KIET) on May 13. This marked the first time that China has beaten Korea in the shipbuilding sector since 2020 when the institute began to release related reports, according to BusinessKorea.

According to the report, China’s overall competitiveness stood at 90.6 in 2023, 1.7 points ahead of Korea’s 88.9, amid the world’s growing shipbuilding dependence on China and China’s, Japan’s, and Korea’s growing shares of the world’s shipbuilding market. Korea had an advantage over China in research and development (R&D), design, and procurement, but its gap with China narrowed and it lost ground to China in production. Korea was also overtaken by China in the aftermarket (AM) for ship maintenance and repairs and in the service and demand sectors, the institute analyzed.

Among single shipyards, Samsung Heavy Industries, HD Hyundai Heavy Industries, Hanwha Ocean, and HD Hyundai Samho Heavy Industries ranked first through fourth in terms of order backlogs in March. However, when looking at shipbuilding groups, CSSC, the largest state-owned shipbuilding group of China, topped the list by a wide margin. Other Chinese state-run enterprises such as COSCO and China Merchant were also in the top 10 club.


Other Media | EuropaAzul: The Port of Vigo presents its decarbonization plan in Brussels

Thursday, May 16, 2024

A delegation from the Port of Vigo, led by its president, Carlos Botana, traveled to Brussels this week to present a road plan on potential energy sources and the necessary prototypes to the EU Energy Transition Association (DG Mare). to facilitate the energy transition of the different maritime fleets.

This strategy for the decarbonization of the fleet tries to respond to the objective set by the European Commission within the framework of the European Green Deal, which seeks to promote the transition towards a sustainable and carbon-free economy.

Source: EuropaAzul l Read the full article here

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BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
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