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IN BRIEF - Shrimp exports could total 3.4 billion dollars

Saturday, December 09, 2023

Hanoi (VNA)-Vietnam could reach about 3.4 billion dollars from shrimp sales abroad by the end of this year, a year-on-year decrease of 21 percent, as predicted by the Vietnam Seafood Processors and Exporters Association ( VASEP).
The same source reported that Vietnamese shrimp exports in November recorded 310 million dollars, a year-on-year increase of 3.5 percent. With that sum, the income from sending this item abroad during the first 11 months amounted to 3.15 billion dollars, a figure that represented a drop of 22 percent compared to the same period in 2022.
The main receiving markets for this product from Vietnam are the United States, China, Japan, the European Union and South Korea.
Shrimp exports remain dominated by price competition amid global oversupply and low sales values.
According to VASEP assessments, demand for shrimp in Southeast Asia and the Far East is expected to improve at the end of the year thanks to Christmas and the Lunar New Year. Prices could increase during that period.

Other media | Fishfarmingexpert: Atlantic Sapphire raises £27.5m in private placement

Friday, March 01, 2024

Florida land-based salmon farmer Atlantic Sapphire has raised NOK 369 million (£27.5m / US $34.8m) in a private placement of more than 307 million new shares at a price of NOK 1.20.

The company said problems with gender maturation leading to poorer price achievement meant that it needed more money and prompted the share issue.

Existing investors who bought new shares included Norwegian salmon farmer Nordlaks, which was awarded shares equivalent to a total subscription amount of almost NOK 52.2m.

Source: Fishfarmingexpert | Read the full article here

Other Media | EuropaAzul: The Cantabrian fleet has hopes of completing a good anchovy coastal

Friday, March 01, 2024

The Cantabrian fleet hopes to complete a good anchovy coastal campaign, the official start of which is March 1. The good recruitments in recent years have made possible the highest quota in 18 years, with a total of 31,614 tons for Spain, 1,432 more than in 2023, according to the note published this Thursday in the Official State Gazette. It is the largest figure that Spain will have at its disposal and from which our farms will benefit, since the Basque fleet is the largest anchovy fleet in the Cantabrian Sea, and the one that fishes the most, and wants to take advantage of the increase in the Spanish quota. to improve the numbers of previous years.

Source: EuropaAzul | Read the full article here

Other Media | Industrias Pesqueras: Greenpeace urges Spain to ratify the Oceans Treaty one year after its adoption

Friday, March 01, 2024

Greenpeace underlines the "urgent need" for more governments, including the Spanish one, to ratify the Global Ocean Treaty, which will turn one year old next Monday, March 4. So far, it has only been ratified by two countries (Chile and Palau).

Known as the Agreement on the Conservation and Sustainable Use of Marine Biodiversity Beyond National Jurisdictions (BBNJ), the treaty has been signed by 87 countries since it opened for signature in September last year.

Source: Industrias Pesqueras | Read the full article here

Other Media | FishFarmer: Mowi processing plant upgrade nears completion

Friday, March 01, 2024

Salmon producer Mowi and food processing systems business Marel are putting the final touches on Mowi Scotland’s Fort William processing plant upgrade. The project includes the installation of state-of-the-art food processing and packaging systems.

When complete the upgrade will enable the facility to process and pack 200 fish per minute and increase plant capacity to more than 80,000 tonnes annually. 

Scott Nolan, Mowi’s Sales and Operations Director (UK, Ireland, Faroes & Iceland), said: “With salmon being the UK’s largest agricultural export and 40 per cent of this production going through our plant in Fort William

Source: FishFarmer | read the full article here

Other Media | FishFocus: Sigmund Bjørgo returns to the Norwegian Seafood Council

Friday, March 01, 2024

Sigmund Bjørgo returns to the Norwegian Seafood Council – rejoins as Country Director to China.  “Sigmund Bjørgo is strategically strong and has in-depth knowledge of both the seafood industry and the Chinese market. He has previously served in the same position in China and has done a remarkable job for us for many years, so we are extremely pleased to have him back.” says Director of Global Operations at the Norwegian Seafood Council, Børge Grønbech.

Worked with the Seafood Council in China for seven years. Sigmund Bjørgo was hired by the Norwegian Seafood Council for the first time in 2011. 

Source: FishFocus | read the full article here

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

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

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

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

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

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.
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