In the first half of 2024, Florida land-based salmon producer Atlantic Sapphire harvested 2,395 tons, with an average weight of just 1.4 kilos.

The company reported that it will take measures to increase the weight of the fish, but to unleash its potential, it has to obtain financing close to 100 million dollars and invest it.

In this regard, the new CEO of Atlantic Sapphire, Chilean Pedro Courard, gives details of how they will improve their indices.

Author: Jonathan Garcés / SalmonExpert | Read the full article here

The World Trade Organization (WTO) has been trying for months to secure a deal to ban harmful fishery subsidies leading to overfishing and overcapacity in global fishing fleets.

Negotiations have all failed so far, and future attempts to pass the deal are looking bleak, according to European Center for International Political Economy (ECIPE) Director and Hosuk Lee-Makiyama, who told SeafoodSource that key WTO members like India have dug in on their opposition.

Author: Mark Godfrey / SeafoodSource | Read the full article here

Proximar triples salmon standing biomass. Proximar Seafood AS is announcing its fourth production update following the successful initiation of production of Atlantic salmon in its Oyama-facility in Japan in October 2022. At the end of Q2 2024, the Company had a standing biomass of 360 metric tonnes, more than a tripling from the 112 metric tonnes at the end of Q1 2024.

Source: FishFocus | Read the full article here

The Xunta de Galicia, through the Consellería do Mar, has expressed its disagreement with the ideas defended by the European Commission in the “Communication on Sustainable Fishing”, sent to the European Parliament and the Council last June and which has been the subject of observations by the Galician Government. The Department of the Sea, led by Alfonso Villares, has confirmed that it submitted a document of allegations to the Commission, within the framework of the public participation process that ended on August 31.

Source: IndustriasPesqueras | Read the full article here

The drop in prices in recent months will mean that, for the first time in three years, the bulk of the sector will cover its operating costs and recover profitability. Fuel prices represent the main operating cost for the Spanish fishing fleet, as well as for the fleet of the European Union (EU) as a whole, according to a report by the European Commission on sustainable fishing submitted to Parliament and the Council, which makes an exception for the "vulnerability" of the fleet segments that depend more directly on "overexploited stocks and use energy-intensive fishing gear", as is the case of Galician deep-sea vessels.

Source: EuropaAzul | Read the full article here

Gangtok: In a bid to boost the aquaculture sector in Sikkim, a two-day training program organized by Krishi Vigyan Kendra (KVK) and Central Agricultural University (CAU) has empowered trout farmers in Sikkim with expert knowledge to enhance their farming systems.

The program, held at Lingtam, Subaney Dara, focused on feeding management, tank hygiene, and disease control strategies to improve the livelihoods of farmers and promote fish culture in the state.

Senior Scientist Dr. Prakash Sharma emphasized the importance of proper fish feed management, entrepreneurial expansion, and market strategy development to generate revenue.

Sikkim is a state in northeast India, bordered by Bhutan, Tibet and Nepal as part of the Himalayas

Dr. A Anuradha Devi, Principal Investigator, highlighted the potential of the fish farming industry and introduced the Agro Advisory Services (m4agri) application, a toll-free service for farmers.

Yogesh Dangal, Block Officer, Fisheries Department, explained various government schemes and provided details on setting up fish kiosks, eligibility criteria, subsidies, and facilities available to beneficiaries.

The program concluded with an interactive session, where participants shared their concerns and clarified issues with officials from the Fisheries Department and progressive farmers.

The Saint Petersburg International Mercantile Exchange (SPIMEX) wants to receive information about over-the-counter transactions from fishermen in order to form indicators of market prices for fish. Representatives of the fishing industry have spoken out against it, writes RBC.

According to the publication, the commodity exchange asked the Federal Antimonopoly Service (FAS) to expand the list of goods for which the government previously obliged market participants to provide information on contracts concluded outside of organized trading. Today, such goods include, for example, petroleum products, natural gas, wheat, mineral fertilizers and a number of others. 

The Exchange proposes adding seven fish items to this list: pollock, cod, salmon, herring, haddock, mackerel and flounder. Based on information about such transactions, the exchange plans to create an indicator of the market price of fish. According to the initiators of the request, this will make prices more transparent and prevent speculation.

The FAS supported the idea, noting that the registration of over-the-counter transactions creates economically sound national indicators, allows for monitoring market participants and timely response when signs of violations are detected.

Source: RBC

TEHRAN (MNA) – Iran’s export of fishery products in the first five months of the current Iranian calendar year (March 21 to August 22, 2024) showed a 24% up compared to the same period last year, Iran's Customs Administration (IRICA) said.

Iran exported 68,000 tons of fishery products, valued at $138 million, overseas between March 21 and August 22, 2024, showing a 24 percent up compared to the same period last year, it said

The first five species of fishery products exported from the country included dogfish and sharks, shrimps, tuna fish, carp fish, herrings and sardines, IRICA said, IRNA reported.

He added that US$31.3 million worth of shrimp and US$14.6 million worth of tuna were exported from the country in this period, respectively.

Tokyo (Jiji Press) --The Japanese government Friday discussed measures to support the fisheries industry, hit by China's prolonged import ban on Japanese fishery products.

"We've confirmed we'll firmly maintain without any change our commitment to take full responsibility" over the matter, Prime Minister Fumio Kishida told a meeting of relevant ministers.

He said that the commitment will remain the same until Tokyo Electric Power Company Holdings Inc. completes the discharges of tritium-containing treated water from its meltdown-stricken Fukushima No. 1 nuclear power plant into sea.

Kishida showed his intent to maintain assistance measures to let fisheries industry people continue their work.

"We'll do our utmost to assist the fisheries industry nationwide by steadily implementing these measures, as well as steps in an economic stimulus package expected to be decided in autumn," he added.