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Other Media | EuropaAzul: The EFCA coordinates a campaign to control bluefin tuna fishing

EUROPEAN UNION
Thursday, June 06, 2024

From the end of May until the end of the season, the EFCA coordinates a bluefin tuna fishing control campaign within the framework of its joint implementation plan

Bluefin tuna conservation is a crucial priority for the European Union, and the European Fisheries Control Agency (EFCA) is playing a key role in this effort. From the end of May until the end of the season, EFCA coordinates a bluefin tuna fishing control campaign within the framework of its Joint Implementation Plan (JIP).

Source: EuropaAzul l Read the full article here


Other Media | Faro de Vigo: The greater consumption of frozen fish mitigates the 'worrying' decline in fresh fish

SPAIN
Thursday, June 06, 2024

The change in consumer habits is one of the dynamics that companies pay the most attention to. In an ultra-competitive scenario like the current one, in which the neighbor is a rival but also the one who produces in the antipodes, the important thing is not where one is but how far one is capable of going and at what price one does it; Hence, the priority of companies is to be more efficient, save on costs and invest in logistics, all with the ultimate objective of building customer loyalty. In the case of seafood, in addition to competing with each other, they do so with many other protein foods that also fight to get into the shopping baskets.

Author: Jorge Garnelo / Faro de Vigo l Read the full article here


Other Media | fishfarmingexpert: Can seaweed and salmon be a win-win?

UNITED KINGDOM
Thursday, June 06, 2024

Scottish Sea Farms will this month stock salmon close to farmed sugar kelp at its Loch Spelve site to see how both its fish and the seaweed crop can benefit each other.

The farm, which had been fallowed, was chosen as a suitable testing ground in the collaboration between SSF and businessman and writer Guy Grieve, who ran the Ethical Shellfish Company from Mull and now plans to produce commercial quantities of sugar kelp, to be used in garden compost.

Source: fishfarmingexpert l Read the full article here

 


Other Media | Fish Farmer: Norway reaches feed pay deal, but fish farm strike threat remains

NORWAY
Wednesday, June 05, 2024

Norway’s aquaculture employers have reached a pay agreement with the country’s fish feed and fishmeal workers. A settlement with fish farm staff, however, is going to mediation.

The feed sector settlement includes increases in the minimum wage and overtime and shift pay rates for staff.

Author: Vince McDonagh / Fish Farmer l Read the full article here


Other Media | SeafoodSource: Red Lobster can pay vendors’ claims, may close 135 more restaurants

UNITED STATES
Wednesday, June 05, 2024

Red Lobster has been authorized to pay millions of dollars to vendors, a judge overseeing the restaurant chain’s bankruptcy petition ruled.

Additionally, the Orlando, Florida, U.S.A.-based operator of around 550 restaurants may close more than 100 additional restaurants if it’s unable to renegotiate leases, according to bankruptcy documents.

U.S. Bankruptcy Judge Grace A. Robson is permitting Red Lobster to pay up to USD 49.8 million (EUR 45.7 million) toward pre-petition amounts owed to certain vendors for goods delivered to Red Lobster within 20 days of the company's bankruptcy filing, according to Seafax.

Author: Christine Blank / SeafoodSource l Read the full article here


Other media | MundoAcuicola: Aker Biomarine presented the benefits of krill meal at ISFNF 2024

MEXICO
Wednesday, June 05, 2024

The QRILL Aqua team from Aker BioMarine had an active and notable participation in the International Symposium on Fish Nutrition and Feeding 2024 (ISFNF) that took place between May 27 and 31 at the International Convention Center from Puerto Vallarta, Mexico.

This international meeting – which takes place biennially – brings together researchers, academics and representatives of the aquaculture industry to address various topics focused on the nutrition and feeding of aquatic animals.

Source: MundoAcuicola l Read the full article here


Other Media | Industrias Pesqueras: El Corte Inglés renews the MSC and ASC chain of custody certification for its 184 fresh counters

SPAIN
Wednesday, June 05, 2024

The 184 fresh counters of El Corte Inglés (from its brands Supermercados El Corte Inglés, Hipercor, Supercor and Sanchez Romero) will continue to sell fishery and aquaculture products with MSC and ASC certification, respectively, after renewing the custody certificate of both badges. The revalidation extends to the group's two logistics platforms. “These seals ensure that the indicated products that the company offers for sale come from certified fisheries (MSC) or certified aquaculture farms (ASC), and that their origin is certified and they have been properly identified and separated from the rest of the products,” indicates the company, which shows its commitment to both certifications.

Source: Industrias Pesqueras l Read the full article here


Other Media | SalmonBusiness: Trout export boom: Norway sees unprecedented growth in May, led by Ukraine

NORWAY
Wednesday, June 05, 2024

Norway achieves record trout exports in May

Norway exported 5,561 tons of trout worth NOK 587 million ($55.77 million) in May, marking a historically strong month for trout exports.

This represents a value increase of NOK 231 million ($21.95 million), or 65%, compared to the same month last year, and a volume growth of 83%, according to the latest figures from the Norwegian Seafood Council.

Source: SalmonBusiness l Read the full article here


IN BRIEF - THANK YOU for making THAIFEX - Anuga Asia 2024 a BEYOND FOOD EXPERIENCE!

THAILAND
Tuesday, June 04, 2024

THAIFEX - Anuga Asia 2024 was an astounding triumph, breaking attendance records and exceeding all expectations!

With 85,850 visitors from 131 countries/regions, we witnessed a significant leap from last year's 78,764. Even more impressive, we saw a 22% surge in international visitors! 

The global allure of THAIFEX - Anuga Asia was evident this year from 3,133 exhibitors from 52 countries/regions showcasing the latest innovations in the F&B industry. Outstandingly, 2,034 of these exhibitors were international, and with international pavilions expanding their presence, the total international exhibition space saw a notable 12% increase from last year! 

This remarkable surge in international participation is a resounding affirmation of THAIFEX - Anuga Asia's pivotal role in the F&B calendar!

Key statistics of 2024:


IN BRIEF - A.P. Møller - Mærsk A/S – Increasing 2024 full-year guidance

DENMARK
Tuesday, June 04, 2024

On the back of continued strong container market demand and the disruption caused by the ongoing crisis in the Red Sea, A.P. Møller - Mærsk A/S (APMM) now also sees signs of further port congestions, especially in Asia and the Middle East, and additional increase in container freight rates. This development is gradually building up and is expected to contribute to a stronger financial performance in the second half of 2024.

Based on these developments, APMM upgrades its full-year 2024 guidance and now expects underlying EBITDA of USD 7 to 9bn and EBIT of USD 1 to 3bn (previously USD 4 to 6bn and USD -2 to 0bn, respectively), and free cash flow of at least USD 1bn (previously at least USD -2bn).

Trading conditions remain subject to higher-than-normal volatility given the unpredictability of the Red Sea situation and the lack of clarity of future supply and demand.

APMM will publish its Q2 interim results on 7 August 2024.


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