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Other Media | SeafoodSource: Norway’s seafood export value declines for first time in three years

NORWAY
Wednesday, April 10, 2024

Norway’s seafood export value declined in Q1 2024, ending a three year streak of year-over-year export value records.

According to the Norwegian Seafood Council (NSC), Norway exported seafood worth NOK 40.2 billion (USD 3.7 billion, EUR 3.4 billion) in the first quarter of 2024, a decrease of NOK 1.2 billion (USD 112 million, EUR 103 million), or 3 percent, compared to the same period of 2023.

Author: Chris Chase / SeafoodSource l Read the full article here


Other Media | fishfarmingexpert: SalMar ‘won’t build offshore farms in Norway without ground rent tax’

NORWAY
Wednesday, April 10, 2024

Salmon farming heavyweight SalMar won’t develop a fully offshore farm in Norway until the government extends its ground rent tax to offshore developments, chairman Gustav Witzøe has said.

Witzøe was speaking to Ole Erik Almlid, chief executive of the Confederation of Norwegian Enterprise, in an interview on stage at seafood organisation Sjømat Norge’s annual conference in Tromsø yesterday.

Source: fishfarmingexpert l Read the full article here


Other Media | Ind Pesqueras: Government puts the compensation measure in the Mediterranean to consultation: it proposes prohibiting bottom trawling

SPAIN
Wednesday, April 10, 2024

The measure will allow obtaining additional fishing days, justifies

The Ministry of Agriculture, Fisheries and Food has opened for public consultation the Draft Order that modifies Annex III of Order apa/423/2020, of May 18, which establishes a management plan for the conservation of demersal fishing resources in the Mediterranean Sea. The modification introduced prohibits fishing with bottom trawl gear by Spanish vessels in the Mediterranean at a depth greater than 800 meters.

Source Industrias Pesqueras l Read the full article here


Other Media | EuropaAzul: UPV/EHU study shows that water on the Basque coast increases 0.23 degrees per decade, compared to 0.15 for the world average

SPAIN
Wednesday, April 10, 2024

Climate change is already a fact. And if not, ask the different species that inhabit the sea off the Basque coast. The temperature of the planet is increasing "at great speed", which has a direct effect on the oceans, although "there are places in which the warming of the sea is more noticeable than in others." Euskadi is one of them. The water temperature of the Basque coast increases 0.23 degrees per decade, compared to 0.15 worldwide, according to a study by the University of the Basque Country (UPV/EHU).

90% of the excess heat generated in recent years has been absorbed by the sea, which explains the "noticeable" increase in the surface temperature of the oceans.

Source: EuropaAzul l Read the full article here


Other Media | The Fishing Daily: European Commission Authorises €40m Subsidy Plan for Spanish Seafood Sector

EUROPEAN UNION
Wednesday, April 10, 2024

Spain will launch a new line of aid for the fish processing and aquaculture sector, with a budget of 40 million euros in grants, thanks to the authorisation received from the European Commission (EC) for its implementation.

The plan will be funded under the Recovery, Transformation, and Resilience Plan (RTRP).

The European Commission has communicated today that the implementation of this plan is compatible with the internal market, in accordance with Article 107 of the Treaty on the Functioning of the European Union (TFEU), and therefore authorises the Spanish State to provide aid to the fish and aquaculture product processing sector, which had been excluded from the community regulations governing recovery plans.

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


IN BRIEF - Frozen mackerel imports down 16% year-on-year

SOUTH KOREA
Tuesday, April 09, 2024

The frozen mackerel imported in the year to March was 16,400 tons, a 16% drop in imports from 19,575 tons in 2022, and domestic distribution prices remain stable.

Import unit prices rose as import volumes declined, resulting in an average import unit price of frozen mackerel in March 2024 at USD 2.23/kg, up 5% from USD 2.12/kg through March 2023.

Norway accounted for 89.6% of the total imports, accounting for 14,746 tons, and the average Norwegian import unit price was formed at USD 2.22/kg, up 1% from USD 2.19/kg in the same period in 2023.

The proportion of China was 7.3%(1,153 tons) and the average import price was USD 2.31/kg.

500 tons were imported from the Netherlands and the average import price was formed at USD 2.11/kg.

According to the wholesale price of frozen mackerel from Norway in the second week of April 2024, the price of 300/500 grams was 66,000 Korea won, down 1.49% from the previous month's March, but up 4.7% from 63,000 Korea won in December 2023.

400/600 grams was also 68,000 Korea won, down 1.4% from 67,000 Korea won in March 2024, and 1.4% from December 2023.

Source : Union Forsea Corp.


IN BRIEF - Four Spanish chefs have been selected to compete in Chef Balfego, one of the most prestigious Gastronomy competitions in the world.

SPAIN
Tuesday, April 09, 2024

? The four Spaniards will be joined by a chef from each guest country in this VII edition: Italy, Germany, Portugal and the Benelux region

? The 8 finalists will compete in the Grand Final on October 28 in Madrid

Madrid - The Chef Balfegó international professional gastronomy competition, a world-renowned competition, already has the four Spanish finalists for this new edition. Specifically, the following will compete for the award: Cristóbal Muñoz, from the Ambivium* restaurant (Peñafiel, Valladolid); Lander Cornago, from the Arzak*** restaurant (San Sebastián); Pablo Zuazu, from the Via Veneto* restaurant (Barcelona), and Paula Gutiérrez, from the Taller Arzuaga* restaurant (Quintanilla de Onísimo, Valladolid).

The four chefs have been selected from almost 200 applications by a professional jury made up of chefs and professionals from the sector, who have assessed: originality, technique and treatment of the product, among other aspects of the recipes presented. They will be joined by an Italian chef, another German, another Portuguese and, for the first time, one from Benelux, which includes Belgium, the Netherlands and Luxembourg, a region that is participating in the competition for the first time. Unlike the Spaniards, the four internationals will be selected in individual semi-finals in their respective countries of origin, where they must prepare two recipes with Balfegó bluefin tuna and a jury made up of MICHELIN stars from the country will choose the representative. 


'Seven Premium Fresh' now releases 'Fully Cultured Yellowtail' which is the 'first' to obtain MEL certification!

JAPAN
Tuesday, April 09, 2024

Sequentially on sale from April 8th (Monday) at approximately 120 Ito-Yokado and York stores

Seven & i Holdings Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo, President and CEO: Ryuichi Isaka) is the first company to introduce "Fully farmed yellowtail" (hiramasa-kingfish) from the group's common private brand "Seven Premium Fresh" that has received MEL certification*1. Starting April 8, 2024 (Monday), it will be released in a total of approximately 120 stores, mainly Ito-Yokado stores nationwide, including some York stores. MEL certification is a certification system for marine products that complies with international standards, and has been obtained by three supermarket companies in the Seven & i Group.

In recent years, the protection of marine resources has become a major issue for the next generation, and there is a need for advancements in aquaculture technology and promotion of responsible aquaculture for the sustainable use of marine resources.

Seven & i Group established the environmental declaration "GREEN CHALLENGE 2050" in 2019 and is promoting sustainable procurement. As part of this effort, Ito-Yokado acquired MEL certification in April 2020, and launched its original brand product ``Fish with a visible face.'' 

*1. MEL certification is a seafood eco-label certification system originating from Japan


IN BRIEF - Watami to buy U.S.-based Sonny Sushi for $6m

UNITED STATES
Tuesday, April 09, 2024

Watami expands into the USA with acquisition of local sushi company

Eating out company Watami (Ota-ku, Tokyo, Chairman and President Miki Watanabe) acquires an American sushi processing and wholesale company. On the 8th, the company announced that it has entered into an asset purchase agreement with Sunny Sushi Company (Sunny Company) in Nevada through two of its consolidated subsidiaries to acquire business assets and a factory.

Sunny Corporation was established in 2002. The company is engaged in sushi processing and wholesale business based in the same state. According to Watami, it has business with about 30 hotels in Las Vegas, Las Vegas, and is a local company that is "a pioneer in expanding sushi..."

The two sides have signed an agreement for the purchase of Sonny Sushi's assets. Watami is to establish two local units that will take on Sonny Sushi's production facilities, brand and employees.

Watami has been accelerating its overseas push. It late 2023, it decided to acquire Singapore's Leader Food in its first acquisition abroad. In the U.S., Watami plans to open a chain of yakiniku barbeque restaurants.


IN BRIEF - Rise in the wholesale price of frozen walleye pollock

SOUTH KOREA
Tuesday, April 09, 2024

Frozen pollock (Theragra chalcogramma) imported by Korea in the first three months of 2024 was 45,757 tons, down 13% from 52,892 tons in 2023, and a major fish species accounting for 19.38% of Korea's total seafood imports.

Imports of frozen pollock were USD 43.92 million, down 20% from USD 54.68 million in the same period in 2023.

The average unit import price of frozen pollock until March 2024 was set at USD 0.96/kg, 7% lower than USD 1.03/kg in 2023, and country-specific prices were set at 0.96 USD/kg for those of Russian origin, 1.20 USD/kg. kg for those of United States origin and 1.71 USD/kg for those of Chinese origin.

 (*Import volume by year. Total amount until March 2024)

The proportion by country, more than 97% of the total volume is imported from Russia (44,925 tons), and from the United States amd China (817 tons). 

The wholesale distribution price of frozen pollock by size is 41,000 Korea won for No. 7 and 32,000 Korea won for No.8

In the case of number 7, it rose 2.5% from 40,000 Korean won two months ago, 5.1% from December 2023, and in the case of number 8, it rose 3.2% from 31,000 Korean won in February 2024 and, 6.7% from December 2023, four months ago.

Source: Union Forsea Corp.


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