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Other Media | The Fishing Daily: French Retail Powerhouses Rally to Reinforce Global Tuna Alliance

FRANCE
Tuesday, May 07, 2024

Push for Sustainability Ahead of Indian Ocean Campaign

Over 40% of France’s Retail Market Joins Forces with GTA to Advocate for Sustainable Tuna Fishing

The Global Tuna Alliance (GTA) is delighted to announce a significant boost in support from French retailers, marking a pivotal moment in their efforts to drive positive change in tuna fisheries worldwide. This surge of backing comes as the GTA launches its campaign with the Indian Ocean Tuna Commission (IOTC), aiming to revolutionize the Regional Fisheries Management Organization

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


Other Media | La Voz de Galicia: Six Indian fishermen steal the boat of its Iranian owner and allege that they suffered mistreatment and wanted to ret

INDIA
Tuesday, May 07, 2024

The vessel was intercepted by the Indian Coast Guard and taken to Cochin to investigate the workers' version.

The Indian Coast Guard located a ship flying the Iranian flag within its waters. She was located west of the coast of Kerala, in the Arabian Sea, and there were six crew members of Indian nationality on board.

The crew members alleged that they had taken control of the boat because they were suffering exploitation and mistreatment by the owner of the fishing boat and they wanted to return to their homes.

Source: La Voz de Galicia l Read the full article here


Other Media | Fish Farmer: Norwegian salmon exports return to value growth

NORWAY
Tuesday, May 07, 2024

Norwegian salmon exports were back on track in value terms last month, reversing the fall seen in March.

The value growth, however, was just 2% up on April last year, totalling NOK 9.9bn (£726m), an increase of NOK 222m (£16m).

The month-on-month rise last month followed the first drop in salmon prices for three years, recorded in March.

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


other Media | iPac.acuculture: Peru adapts its legislation to comply with the standards required by the European Union

PERU
Tuesday, May 07, 2024

Peru has approved the modifications to the Sanitary Standard for Live Bivalve Molluscs, Supreme Decree No. 07-2004-PRODUCE, which will regulate the conditions and health safety requirements that bivalve mollusks intended for trade or processing for human consumption must meet, including requirements for extraction and collection areas and for aquaculture concessions.

The modifications made to the standard refer to the evaluation, revaluation, classification and sanitary reclassification of production areas, as well as general and operational conditions.

Source: iPac.acuculture l Read the full article here


Other Media | Alimarket: Angulas Aguinaga takes up frozen food, revolutionizes surimi and internationalizes 'Royal'

SPAIN
Monday, May 06, 2024

Angulas Aguinaga continues with the development of its 2020-2025 strategic plan, whose final objective when it was launched was to achieve sales of €450 million at the end of that last year. Difficult, very difficult. Although it managed to grow at an annual rate of 10% in the last three years - something very complex considering that in 2022 its increase was 2.3% - it would still be about €75 million short of the goal, therefore which would require new acquisitions.

Source: Alimarket l Read the full article here


Other Media | SalmonBusiness: Icelandic land-based producer strengthens team with former Skagen Salmon exec

ICELAND
Monday, May 06, 2024

Lindquist is to formally join the company on 1 September 2024.

Icelandic land-based salmon farmer Laxey has announced the appointment of Rustan Lindqvist Lindquist as the new Director of Aquaculture.

Lindquist, who has already started working with Laxey as a consultant on technical design and plans, brings a wealth of experience from his previous roles in the industry, the company said in a LinkedIn post on Friday.

Source: SalmonBusiness l Read the full article here


Other Media | EuropaAzul: The EU extends state aid for six months to address market disruptions

EUROPEAN UNION
Monday, May 06, 2024

The European Commission adopts a limited extension of the state aid crisis instruments to support the agricultural and fishing sectors. In this regard, the European Commission has announced a modification to the Temporary Crisis and Transition Framework (MTCT) for state aid to extend certain provisions aimed at addressing persistent market disruptions in the agriculture and fishing sectors.

This decision responds to the continued challenges faced by farmers and the fishing sector due to market disruptions caused by various factors, including Russia's war against Ukraine.

Source: EuropaAzul l Read the full article here


Other Media | SeafoodSource: USDA asks for bids on salmon, catfish contracts by 9 May

UNITED STATES
Monday, May 06, 2024

The U.S. Department of Agriculture is asking seafood suppliers to bid on contracts to supply salmon, catfish, and walleye for domestic food distribution programs. The deadline to submit bids is 9 May.

The USDA is seeking to buy 117,040 cases of canned pink salmon, 36,000 pounds of wild frozen salmon fillets, and 72,000 pounds of frozen walleye fillets.

In the agency’s solicitation for bids on catfish, it said it is seeking bids on 240,000 pounds of oven-ready breaded catfish strips and 152,000 pounds of raw unbreaded catfish fillets for a total of 392,000 pounds.

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


Other Media | WorldFishing: New MarinTrust standards stress sustainability

UNITED KINGDOM
Monday, May 06, 2024

A new version of the MarinTrust programme has come into force from 1 May 2024.

New applicants will now be audited against Factory Standard (Version 3),  with a transition period of one year allowing current certificate holders to prepare. From 1 May 205, it is expected that all companies will be certified against the new version.

There are currently 172 sites in 30 different countries complying with the MarinTrust Standard. 

Source: Worldfishing l Read the full article here


IN BRIEF - CULT Food Science Announces Closing of Private Placement

CANADA
Friday, May 03, 2024

TORONTO - CULT Food Science Corp., a disruptive food technology platform pioneering the commercialization of lab grown meat and cellular agriculture to reshape the global food industry, is pleased to announce that the Company has closed the non-brokered private placement ("Private Placement") of units ("Units") previously announced on April 17, 2024 for gross proceeds of C$800,000 through the sale of 16,000,000 Units at a price of C$0.05 per Unit.

Each Unit is comprised of one common share in the capital of the Company (a "Common Share") and one common share purchase warrant (each a "Warrant"). Each Warrant will be exercisable into one Common Share at a price of C$0.06 per share for two (2) years from the date of issue.

The proceeds from the Private Placement are intended to be used for working capital and general corporate purposes. All securities issued pursuant to the Private Placement will be subject to a four month and one day hold period from the date of issue pursuant to National Instrument 45-105 – Prospectus Exemptions.

PowerOne Capital Markets Limited acted as a finder in connection with a portion of the Private Placement. In connection with the Private Placement, the Company paid aggregate cash finder's fees of $36,750 and issued 735,000 finder's units (each, a "Finder Warrant"), each Finder Warrant being exercisable into one Unit at a price of $0.05 for a period of two (2) years from the date of Closing.


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