IN BRIEF - 3 Dead after Fishing Vessel Capsizes in Waters off Gunsa
SOUTH KOREA
Tuesday, September 17, 2024
Three people are dead after a fishing vessel capsized in waters off Gunsan city in North Jeolla Province.
The city’s coast guard said on Monday that it rescued all eight crew members of the fishing boat in waters off Gunsan after receiving a report at around 7:36 a.m. about the boat accident.
Authorities said though the entire crew was rescued, three of the members, including the boat’s Korean captain and chief engineer as well as a foreign crewmember, were pronounced dead at the hospital.
Photo : YONHAP News = Gunsan Coast Guard
The remaining five crewmembers, all of foreign nationality, were reported to be in relatively good health.
The coast guard is looking into the possibility that the boat capsized after it collided with a tanker carrying petroleum products based on testimony that the tanker was witnessed passing nearby the fishing vessel at the time of the incident.
A coast guard official said the identity of the deceased foreign crewmember has yet to be identified, adding that an investigation will be conducted on the incident once the survivors get treated for injuries.
The General Secretariat for Fisheries has approved a modification to the management of the mackerel fishery in areas 8c and 9a for the fleet using gear other than trawls and purse seines based in Asturias. This decision raises the adapted quota for this season to 687,054 kilos. The measure, published this Tuesday in the Official State Gazette, represents a significant increase compared to the allocation set in February and seeks to adapt the management of the fishing season to the new quota availability for 2026.
Denmark showcases innovation, collaboration and new market ambitions when 37 companies exhibit on Pavilion of Denmark at SPG 2026. At SPG 21-23 April 2026 held at FIRA Gran Via Barcelona, the Danish aquaculture, fish processing and fisheries industries will once again present a strong, unified presence on the Pavilion of Denmark in Hall 3. Pavilion of Denmark is organised by Danish Export – Fish Tech. With 37 companies exhibiting, the pavilion highlights Denmark’s leading position within technology and solutions to the industries mentioned, while also reflecting a growing interest in exploring new markets across the world.
Norwegian submersible cage developer Subfarm taking part in feasibility study with local renewables company
Subfarm, a Norwegian company that develops submersible fish farming systems for operation in more exposed waters and offshore, is taking part in a feasibility study in Japan to assess how farming can be combined with offshore wind.
“The goal is to find out whether there is a basis for establishing a concrete pilot project,” Subfarm general manager Paal Hylin told Fish Farming Expert’s Norwegian sister site, Kyst.no.
The study is currently in an early phase, where the work includes mapping relevant areas, assessing environmental conditions and adapting the technology to local conditions.
Author: Therese Soltveit / fishfarmingexpert | Read the full article here
Major producers push new increases while fishmeal market stays firm
Feed prices across the aquaculture sector continue to surge, with leading companies such as Haid Group, Tongwei, New Hope Group, Aohua Group, and CP Group announcing fresh hikes on April 10–11.
Since March, prices have been rising steadily. but April has seen sharper jumps of up to 1,200 yuan per ton (around $170/ton). The latest round adds as much as 300 yuan per ton (about $42/ton) on products including standard feed, premium feed, and shrimp, crab, and catfish feed.
The surge is driven largely by strong fishmeal prices. In Peru, the north-central A-season opened on April 9 with a quota of 1.914 million tons, yet pre-sale prices for super steam fishmeal hit a record $2,550/ton.
Domestically, inventories exceed 150,000 tons, but tight supply keeps prices high at 16,400–19,000 yuan per ton (approximately $2,300–$2,660/ton).
The sustained rise is increasing pressure on farmers and signals continued volatility ahead.
The Innovation & Technology Summit 2026 begins this April 16 in Puerto Varas with more than 20 speakers, panels, a technology fair, and networking opportunities, focusing on artificial intelligence, cybersecurity, sustainability, and regional development.
On April 16 and 17, Puerto Varas will be the epicenter of the conversation on artificial intelligence, cybersecurity, and technological development. This Thursday, April 16, and Friday, April 17, the first edition of the Innovation & Technology Summit will take place in the city, aiming to strengthen the Los Lagos Region as an innovation hub in the southern part of the world.
Source: MundoAcuicola | Read the full article here
Freire Shipyard has achieved another milestone in its history of defense-sector vessels with the launch of the A22 Proserpina, the new Diver Support Vessel (EAB) for the Navy's Logistics Support Command.
Hull number 739, this is the first steel vessel built for the Spanish Navy by a private shipyard, as highlighted by Óscar and Guillermo Freire, the shipyard's general managers, during the ceremony, which was attended by a large number of military and civilian authorities.
The vessel has a length of 32.90 meters and a beam of 9 meters. Its range will reach 500 nautical miles at a cruising speed of 10 knots, with a maximum speed of 12 knots.
Source: Industrias Pesqueras | Read the full article here
Thor Sigfusson, founder and chair of the Icelandic Ocean Cluster (IOC) will preside over a gathering of expert international speakers who will provide attendees with valuable knowledge on how to maximise their return on investment from potentially discarded parts of the catch. IOC chief executive, Dr Alexandra Leeper will take on the role of deputy chair and moderator.
Formerly known as Fish Waste for Profit, the conference is a popular, must-attend event for those seeking the latest industry insights, practical solutions, and opportunities to build relationships with key stakeholders.
Arctic Securities has raised its target price for Icelandic Salmon to NOK 128 (€11.52) per share from NOK 105 (€9.45), reiterating a Buy recommendation after incorporating the proposed Icelandic Aquaculture Law into its estimates.
The revised target reflects an 11% EPS upgrade for 2026 and a 27% upgrade for 2027, according to a note dated 13 April 2026. The stock is trading at NOK 74.5 (€6.71), down 10% year to date and 30% over the past year.
The proposed legislation replaces the current 4% revenue tax with a profitability-based resource tax linked to average industry EBIT per kilogram.
Source: SalmonBusiness | Read the full article here
Norway’s national broadcaster NRK is reporting that thousands of Mowi salmon have died en masse, without the authorities carrying out any formal investigation.
NRK says that the incident took place around six months ago at a fish farm in Nordfjord in Vestland county following a delousing operation. Apparently, the fish had major problems with their gills and did not get enough oxygen. The estimated death toll is 300,000 salmon.
The Norwegian Food Safety Authority inspected the farm when the slaughtering operation was being carried out and found they were met with clearly weakened salmon.
The main cause of the incident turned out to be a bloom of harmful algae in the water.
Author: Vince McDonagh / Fish Farmer | Read the full article here
Apia – In a historic move, Cabinet has appointed Afamasaga Taimalietane Matatumua as the first female Chief Executive Officer of the Ministry of Agriculture and Fisheries (MAF).
A seasoned agriculturist with over 20 years of experience, Afamasaga began her career at MAF in 2003 as a Senior Information Officer. She later rose through the ranks, serving as Assistant Chief Executive Officer for Policy, Planning, and Communication since 2018.
She holds a Postgraduate Diploma in Agriculture, a Bachelor of Agriculture, and a Diploma in Tropical Agriculture from the University of the South Pacific.
Afamasaga succeeds Seuseu Dr Tauati at a pivotal time, as the government advances plans to establish a separate Ministry of Fisheries, restructuring the current ministry’s operations.
SOUTH KOREA
SPAIN
The General Secretariat for Fisheries has approved a modification to the management of the mackerel fishery in areas 8c and 9a for the fleet using gear other than trawls and purse seines based in Asturias. This decision raises the adapted quota for this season to 687,054 kilos. The measure, published this Tuesday in the Official State Gazette, represents a significant increase compared to the allocation set in February and seeks to adapt the management of the fishing season to the new quota availability for 2026.
DENMARK
Denmark showcases innovation, collaboration and new market ambitions when 37 companies exhibit on Pavilion of Denmark at SPG 2026. At SPG 21-23 April 2026 held at FIRA Gran Via Barcelona, the Danish aquaculture, fish processing and fisheries industries will once again present a strong, unified presence on the Pavilion of Denmark in Hall 3. Pavilion of Denmark is organised by Danish Export – Fish Tech. With 37 companies exhibiting, the pavilion highlights Denmark’s leading position within technology and solutions to the industries mentioned, while also reflecting a growing interest in exploring new markets across the world.
JAPAN.png)
Subfarm, a Norwegian company that develops submersible fish farming systems for operation in more exposed waters and offshore, is taking part in a feasibility study in Japan to assess how farming can be combined with offshore wind.
CHINA
CHILE
The Innovation & Technology Summit 2026 begins this April 16 in Puerto Varas with more than 20 speakers, panels, a technology fair, and networking opportunities, focusing on artificial intelligence, cybersecurity, sustainability, and regional development.
Freire Shipyard
ICELAND.png)
Thor Sigfusson, founder and chair of the Icelandic Ocean Cluster (IOC) will preside over a gathering of expert international speakers who will provide attendees with valuable knowledge on how to maximise their return on investment from potentially discarded parts of the catch. IOC chief executive, Dr Alexandra Leeper will take on the role of deputy chair and moderator.
Arctic Securities has raised its target price for Icelandic Salmon to NOK 128 (€11.52) per share from NOK 105 (€9.45), reiterating a Buy recommendation after incorporating the proposed Icelandic Aquaculture Law into its estimates.
NORWAY
NRK says that the incident took place around six months ago at a fish farm in Nordfjord in Vestland county following a delousing operation. Apparently, the fish had major problems with their gills and did not get enough oxygen. The estimated death toll is 300,000 salmon.
SAMOA
A seasoned agriculturist with over 20 years of experience, Afamasaga began her career at MAF in 2003 as a Senior Information Officer. She later rose through the ranks, serving as Assistant Chief Executive Officer for Policy, Planning, and Communication since 2018.
