IN BRIEF - PRODUCE: Manufacturing GDP grew 6.7% in November 2024, accumulating five months of progress
PERU
Wednesday, January 15, 2025
The Ministry of Production (PRODUCE) reported that Manufacturing GDP grew 6.7% in November 2024, accumulating five months of uninterrupted progress; it would have also contributed S/6,730 million (at constant prices) and contributing 13.3% to the national GDP.
“The growth recorded by the Manufacturing sector in November 2024 is mainly due to the notable increase in the primary industry (fishery products and metal refining). Likewise, it was favored by the growth of the non-primary industry (consumer goods, capital goods and industrial services),” said the head of PRODUCE, Sergio González.
In this way, in the cumulative period from January to November 2024, manufacturing industrial production grew by 3.2% compared to the same period in 2023.
This result would be associated with the greater activity of industrial fishing in the second quarter; favored by oceanographic conditions. Also, the recovery of domestic demand around 3.5% and industrial exports (+10.9%) had an impact.
It should be noted that, regarding the contribution of primary manufacturing, in November 2024 it experienced a notable increase of (+18.1%), driven mainly by the greater production of the fishery products industry (+32.1%) attributable to greater availability of raw materials.
The artisanal fishing vessel BP Carlillo sank this Friday 17 nautical miles from the port of Rawson, Chubut. The vessel capsized for reasons that are still being investigated, possibly related to loading operations during the first fishing trips.
The six crew members were rescued unharmed by the fishing vessel Néstor V and transferred to the port of Rawson under the supervision of the Argentine Naval Prefecture.
Gustavo González, head of the Chubut Yellow Fleet Chamber (CAFACh), confirmed the incident and highlighted the rapid action of the Néstor V in the rescue.
The BP Carlillo, 9.79 meters long, 4.4 meters wide and 2.19 meters high, is part of the artisanal fleet of Chubut. It had set sail at 1:20 AM on Friday, February 7, 2025, bound for shrimp fishing.
The competent authorities are investigating the causes of the shipwreck.
The US$4.85 million "Promoting Community-Based Climate Resilience in the Fisheries Sector Project," implemented by the National Fisheries Authority, focuses on three key areas: policy and regulation improvements, alternative livelihoods, and sustainable fishing awareness.
Tangible results include a $574 million hatchery development at Twickenham Park projected to produce five million tilapia fry annually, significantly boosting aquaculture. The project also supports sea moss production (US$165,000), oyster farming (US$325,000), ornamental fish farming (US$105,000), and ecotourism (US$113,000).
Additionally, tilapia farming at Ebony Park has been revitalized with infrastructure investments and has recently completed its first harvest. Recognizing the threat of climate change, the project emphasizes building climate resilience within the fisheries sector.
Backe Entreprenør has established Backe Industri, a new company specializing in large, complex construction projects across Norway, with a core focus on land-based aquaculture.
"The creation of Backe Industri is a strategic decision to better serve our aquaculture clients and other markets," says Asle Randen, CEO of Backe Entreprenør. "By consolidating our group's experience and expertise within a single company, we offer a more streamlined and efficient point of contact."
Backe's recent project portfolio includes land-based aquaculture facilities in Tytlandsvik and Årdal, as well as data centers, process industry facilities, and power plants. This diverse experience, further strengthened by the 2023 acquisition of Kruse Smith Entreprenør and its land-based aquaculture projects, positions Backe Industri as a leading player in the sector.
Backe Industri will leverage the group's extensive planning and implementation expertise. With nearly 1,200 employees from Trondheim southward, the company is one of Norway's largest construction contractors.
The vessel is equipped for open and closed transport of salmon, as well as for RSW refrigeration, freshwater production and water treatment.
The Norwegian company specializing in the transport of smolts, classification and counting of salmon and trout, Rostein, has acquired the vessel Orca Yka from the Chilean company Naviera Orca. The vessel is en route to Norway, where it will be delivered in March and renamed Ro Sunrise. This wellboat has a capacity of 2,800 m³ and is sister to the vessels Ro Sailor and Ro Spirit.
Galicia closed the month of January with just over 17,400 workers affiliated to the special maritime regime, of which 7,837 were self-employed and the remaining 9,573 were salaried (employed). As regards on-board personnel, there are as many work centres as there are active fishing vessels, with almost as many specificities as dimensions, fishing gear, base port or target species. But there is no collective agreement that sets minimum and common conditions for workers - as there is in France, with the Convention Collective Nationale de la Pêche Professionnelle Maritime - a gap that may disappear if the initiative they are already working on prospers, with the sponsorship of the central government, unions or guilds.
Author: Lara Graña/ Faro de Vigo l Read the full article here
Mitsubishi Corporation, the parent company of Cermaq Group, revealed the salmon farmer saw an increased profit in the nine months ending 31 December, 2024.
According to Mitsubishi’s results, Cermaq posted a nine-month profit of JPY 8.1 billion (USD 53 million, EUR 51 million), an increase over the JPY 7.6 billion (USD 50 million, EUR 48 million) it posted in the same period of 2023. That made the company Mitsubishi’s highest profit company in its food industry segment.
The company said its salmon farming business was impacted by a decline in the market during the summer “as usual”
Author: Chris Chase /SeafoodSource l Read the full article here
The EU has been one of the largest consumers of Vietnamese pangasius over the past decade. However, data from Vietnam Customs reveals a gradual decline in EU imports of pangasius from Vietnam over the last five years.
In 2015, the EU ranked second among the largest importers of Vietnamese pangasius, trailing only the US, with export turnover reaching USD 285 million. A decade later, in 2024, the market has fallen to fourth place, surpassed by China & Hong Kong, the US, and CPTPP member countries.
Steelhead trout producer Kames Fish Farming has a new brand for its fish: “MòR Atlantic Trout”.
The family-run company said: “The brand aims to reach out to chefs and restaurants and connect customers to what they are eating, celebrating the uniqueness of this fish and the provenance behind it.”
Mòr is Scottish Gaelic for “big” or “great”. The brand aims to emphasis the size and superior nature of the steelhead trout from Kames’ own broodstock programme, while stressing “Atlantic” identifies the fish as raised in the sea, with the clean water and strong currents of the Inner Hebrides – differentiating the product from river-based trout which can be associated with a muddy flavour.
Author: Robert Outram / Fish Farmer l Read the full article here
Rosrybolovstvo will hold an electronic auction on February 26 to distribute shares of crab catch quotas. Bids will be accepted through the Russian Auction House (JSC) electronic platform from 00:00 (Moscow time) on February 6, 2025, to 08:00 (Moscow time) on February 21, 2025.
Two lots, each representing 50% shares of catch quotas, are being re-auctioned with a 10% reduction in the starting price. These lots include:
Red snow crab in the Primorye subzone
Red snow crab in the West Sakhalin subzone
Snow crab angulatus in the East Sakhalin subzone
Snow crab angulatus in the North Okhotsk subzone
Successful bidders will be required to invest in the construction of two medium-tonnage (over 50 meters) crab fishing vessels.
Auction details and documentation are available on the following websites: GIS Trading, ETP RAD, and the Rosrybolovstvo website (in the "Auctions" section).
Source: Federal Agency for Fisheries (Rosrybolovstvo)
It reviews its commercial strategy, with a focus on the United States market, for which it appoints a consultant
Nueva Pescanova wants to leave losses behind and consolidate the return to profits recorded in 2024 with a new strategic and business plan, which is already being implemented in 2025, and which the company includes in the audited accounts for the year ending in March 2024, in which the incorporation of the new CEO, Jorge Escudero Hurtado, and the renewal of the top management took place.
Source: La Voz de Galicia l Read the full article here