IN BRIEF - Proximar to procure additional 2.3 billion yen
Wednesday, November 15, 2023
Increase in expenses for RAS aquaculture business such as production
The Proximar aquaculture facility was completed in September, and a total of 11.5 tons are currently growing.
Proximar Seafoods (Head Office/Norway, CEO Joakim Nielsen), which operates an Atlantic salmon production business using a closed-circulation land aquaculture system (RAS) in Oyama Town, Shizuoka Prefecture, announced that it would need to raise additional funds of NOK 65 million (approximately 2,257.7 million yen).
With current pricing expectations, Proximar expected to be EBIT profitable even with a production of ~2 000 tonnes (HOG), corresponding to a density of 30 kg / m3
At the targeted long-term harvest level of 5 300 tonnes (HOG) per year, Proximar expects an EBIT cost of 69 NOK / kg.
The Proximar Seafood group is an Norwegian-registered seafood company engaged in land-based fish farming, with its head office in Bergen, Norway. The Proximar group has started the construction of a production facility for Atlantic salmon close to Mount Fuji in Japan through the wholly owned Japanese subsidiary Proximar Ltd
The Greek company Tsakos announced it was closing its naval operations in Uruguay but will keep other investments in the South American country, it was reported in Montevideo after early versions that the firm was departing altogether.
Tsakos' decision will result in 200 people losing their jobs, due to which both the labor union and the National Ports Administration were given due notice, it was explained. Since an accident at the Montevideo docks on Dec. 8, 2022, Tsakos tried to find a new dock to keep up operations in the Port of Montevideo. After months of negotiations, bidding, and cost appraisals, Tsakos was unable to access a suitable floating dock.
“After having exhausted all the options that were on the table and despite the great support received from the Uruguayan government and the best disposition of all our staff, Tsakos Industrias Navales has been forced to make the sad decision to close its operations in the country,” the company said in a statement.
However, according to Ámbito citing “company sources” Tsakos will remain in Uruguay doing business in renewable energies, agro-forestry, and real estate, in addition to the cultural activities of the María Tsakos Foundation.
Meanwhile, the Executive Committee of the National Union of Metal Workers and Related Branches (Untmra) urged the Uruguayan government “to contribute with the necessary solutions for the work of Uruguayans,” because Montevideo “needs a dam.”
Approximately 830,000 fall-run Chinook salmon fry are believed to have died while passing through the lowest dam on the Klamath River over the past week.
Hundreds of thousands of juvenile salmon are believed to have died over the past week after being released into the Klamath River from the Fall Creek Fish Hatchery on Monday, Feb. 26, according to the California Department of Fish and Wildlife. Fall Creek is a tributary of the Klamath River.
The fish were believed to have been killed as a result of gas bubble disease while passing through a tunnel at the base of Iron Gate Dam, the lowest of four dams being removed on the river. The Chinook salmon fry died according to monitoring data downstream of the dam.
Gas bubble disease occurs because of “environmental or physical trauma often associated with severe pressure change,” according to a March 2 press release from CDFW. The agency said the mortality does not appear to be related to turbidity or dissolved oxygen water quality conditions in the river, brought on by decades of sediment washing downstream after the dams were breached. Both turbidity and dissolved oxygen were recorded at “suitable levels” before the fish were released. Other healthy coho and Chinook salmon were documented downstream of the dam, the agency said.[...]
A new analysis of nearly 25,000 fish scales offers more evidence that the millions of pink salmon churned out by Alaska fish hatcheries could be harming wild sockeye salmon populations when they meet in the ocean, according to the scientists who authored the study.
The new peer-reviewed paper, published this week in the ICES Journal of Marine Science, analyzed growth rates that could be deduced from the fish scales, similar to trees’ yearly growth rings.
The paper was built on a unique aspect of the life cycle of pink salmon, which are primarily targeted by commercial fishermen: Their abundance is high in odd-numbered years, and lower in even-numbered years. Those booms and busts allowed authors Peter Rand and Gregory Ruggerone to tease out whether sockeye salmon — which are more highly valued by sport and personal use fishermen — were growing at lower rates during odd years, when pink salmon are more numerous.
Their analysis showed that was the case across the Gulf of Alaska — a dynamic that Rand and Ruggerone describe as a “zero-sum game” between the two species. It found that yearly growth of sockeye was depressed by as much as 17% at times when pink salmon abundance was high.[...]
Specialized personnel from the Argentine Naval Prefecture (Coast Guard) detected the Calvão fishing vessel, flagged Portugal, which would be fishing illegally within the Argentine Exclusive Economic Zone, in a clear violation of Law No. 24,922 “Federal Fisheries Regime.”
The incident occurred when members of the Force's Maritime, River and Lake Traffic Directorate warned, through the Coast Guard System, of a modern and innovative comprehensive electronic surveillance system applied to the control and surveillance of the sea, to the aforementioned vessel within the Argentine Exclusive Economic Zone (which reaches up to 200 nautical miles).
By carrying out a detailed analysis of the ship's movements through the aforementioned system, whose features allow obtaining, from a single platform, all the available information related to the movements, technical and administrative data of the ships that are sailing around the world, it was noted that during its defeat it circulated at a speed of less than six knots within the maritime spaces under national jurisdiction.
In this sense, from the analysis it can be seen that the vessel reduced its speed to 6.1 nautical miles within the Argentine Exclusive Economic Zone, maintaining its speed below six knots, compatible with fishing tasks, without any recorded hydrometeorological conditions that led to the need to take shelter in the area.
The International Seafood Sustainability Foundation (ISSF) has identified priority actions that tropical tuna Regional Fisheries Management Organizations (RFMOs) should undertake to improve the sustainability of fisheries in their regions.
To inform RFMO debate and decision-making, ISSF scientific and advocacy experts have outlined their concerns and advice below. Our position statements, which we disseminate in advance of RFMO annual meetings and special sessions, explore and expand on these priority topics.
The sixth session of the United Nations Environment Assembly (UNEA-6) ended last Friday by endorsing the resolution proposed by the EU and Costa Rica to “Strengthen ocean efforts to address climate change, the loss of marine biodiversity and pollution. The resolution highlights the need to strengthen action to address the interconnected challenges of climate change, the loss of marine biodiversity and pollution affecting our oceans.
Source: Industrias Pesqueras | Read the full articlehere
Aquaculture feed manufacturer BioMar reported record revenue and earnings before interest, taxes, depreciation, and amortization (EBITDA) in FY 2023, surpassing its own guidance to the market.
The company achieved revenues of DKK 17.9 billion (USD 2.6 billion, EUR 2.4 billion) in FY 2023, up slightly from the DKK 17.8 million (USD 2.5 billion, EUR 2.3 billion) it posted last year. Over the same period, the company posted an EBITDA of DKK 1.25 billion (USD 181 million, EUR 167 million), up from DKK 1.01 billion (USD 146 million, EUR 135 million) and marking an increase of 26 percent across consolidated companies and joint ventures.
Author: Chris Chase / SeafoodSource | read the full articlehere
Fisheries ministers from Norway and the UK have stressed the mutual importance of the seafood trading relationship between the two countries – but trade body Salmon Scotland has said the playing field needs to be more level.
Cecilie Myrseth, Norway’s Fisheries and Oceans Minister, and Mark Spencer, UK Fisheries Minister (pictured), were speaking at last week’s UK-Norway Seafood Summit, held at Fishmongers’ Hall in London.
Author: Vince McDonagh / FishFarmer | read the full articlehere
On 4 March 2024, the High Seas Alliance will celebrate the one-year anniversary of the historic High Seas Treaty being agreed at the United Nations (UN), after almost 20 years of negotiations. It will take stock of the progress made over the year towards enshrining the agreement into international law and will call on world leaders to redouble their efforts to ratify the Treaty swiftly so that it can enter into force by the 2025 UN Ocean Conference in Nice, France.
Since the agreement, Palau and Chile have officially ratified the High Seas Treaty, and 87 UN Member States have signed it, thereby expressing their intention to proceed to ratification.
Chubut's Shrimp Season Resumes After One-Month Pause Argentina
Vessels fishing north of Rawson continue to catch shellfish sizes L2 and L1; to the south similar sizes and somewhat smaller. The fishing production chain is slowly resuming. Yesterday, more than thir...