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IN BRIEF - Salmon Evolution ASA: Q3 2024 operational update

NORWAY
Wednesday, October 02, 2024

Salmon Evolution ASA (the “Company”, OSE: SALME) harvested 680 tonnes HOG in Q3 and reiterates the harvest guidance of approximately 2,500 tonnes HOG for the second half of 2024, taking full year harvest volume to approximately 5,000 HOG. The Company had good biomass buildup during the quarter, with steady improvement in daily growth rates and continued strong results on key parameters such as feed conversion ratio, mortality and superior grade share.

Q3 operational summary:

  • Harvest of 680 tonnes HOG with superior grade share of 98 %.
  • All-in price realization of NOK 72/kg.
  • Average weight of 3.3 kg (HOG), up 10 % from Q2.
  • Standing biomass of 2,582 tonnes LW end Q3.

"Biomass production is steadily improving at Indre Harøy, with a wide range of initiatives ongoing to take out the full growth potential”, CEO of Salmon Evolution, Trond Håkon Schaug-Pettersen said. “The standing biomass is close to record levels going into Q4, which together with a further increase in expected harvest weights, makes us well positioned to capitalize on the expected price rebound”, he said.


IN BRIEF - Esselunga Pioneers Italy's First Land-Based Smoked Salmon

ITALY
Thursday, November 06, 2025

Esselunga, a leading Italian retailer, has launched Italy’s first land-based smoked salmon for consumers, signaling a major move towards sustainable seafood.

Available since October 9th under The Icelander brand, the product is a result of a collaboration between Norwegian land-based farmer Salmon Evolution and processor Milarex.

The launch meets a growing consumer demand in Italy for products that combine quality, taste, and environmental responsibility. Esselunga is pioneering the introduction of healthier, more sustainable choices to Italian households.

Antonio Pellin from Milarex highlighted the market shift: “Introducing land-based salmon in partnership with Esselunga allows us to meet that demand and bring real innovation to Italian households.”

Salmon Evolution’s approach focuses on transparency and responsibility, raising the salmon in pristine Norwegian waters to align with Italy's increasing focus on sustainability, animal welfare, and health. This partnership strengthens Esselunga’s position as a retail innovator.


IN BRIEF - The Prawn Takes Center Stage in Pescanova's Christmas Campaign

SPAIN
Wednesday, November 05, 2025

Pescanova has launched its new Christmas campaign, once again focused on the prawn (langostino), the star product of the festive table.

This seafood is an undisputed classic: last year, consumption during this period reached 10,000 tons in Spanish households, representing 25% of the total annual volume.

Under the slogan "Which one do you choose?" ("¿Y tú, cuál eliges?"), the advertising campaign seeks to highlight the variety and versatility of the Pescanova prawn range. The brand offers options for all tastes:

  • Whole vannamei prawns: Ideal for more traditional diners and classic recipes.

  • Peeled Rodolfo shrimp: Designed for the more modern consumer looking for convenience, versatility, and practicality to innovate in the kitchen without complications.

The brand's new spot reinforces this message, ensuring that both formats add a touch of distinction to the celebrations. The campaign concludes with the already emblematic slogan "Good things turn out well" ("Lo bueno sale bien"), associating Pescanova with quality and enjoyment during the Christmas season.


IN BRIEF - 'Revolving Doors'? CoopAcción Questions Appointment of Former Repsol Executive at Produce

PERU
Wednesday, November 05, 2025

The government has appointed biologist José Edgardo Allemant Sayán as the Director General of Aquaculture at the Ministry of Production (Produce), according to Ministerial Resolution N.° 364-2025-PRODUCE, published in the official gazette El Peruano.

Questions Over Repsol Link

 

The appointment has generated controversy because Allemant Sayán was, until recently, the Repsol official in charge of directing the negotiation, compensation, and conflict resolution process following the serious oil spill that occurred in January 2022.

Context of the Spill

 

This ecocide contaminated the coasts of Ventanilla, Santa Rosa, Ancón, Aucallama, and Chancay with more than 12,000 barrels of crude oil, severely impacting the incomes and jobs of thousands of artisan fishermen and those dependent on tourism in the area.

Allegations Regarding Compensation

 

CoopAcción highlights that leaders from the affected zones alleged that the compensation process led by Repsol was marked by injustices, with the company imposing criteria that resulted in amounts far below what was adequate to compensate those who lost their livelihoods. To date, the State has also failed to provide a complete report on the status of the cleanup and restoration of the affected areas, more than three years after the spill.


Other Media | Fish Farmer: Riga set to host global algae experts’ conference next month

LATVIA
Wednesday, November 05, 2025

AlgaEurope 2025, set to take place in Riga, Latvia, from 9-12 December 2025, will bring together the global algae community for four days of collaboration, innovation, and knowledge exchange.

Organized by DLG Benelux and the European Algae Biomass Association (EABA), the AlgaEurope 2025 Conference is expected to welcome over 400 participants from across academia, research, and industry, making it one of the most significant annual gatherings dedicated to algae biomass.

Source: Fish Farmer  | Read the full article here


Other Media | WorldFishing: Seafood Scotland enters strategic partnership with Barcelona Central Fish Market

SPAIN
Wednesday, November 05, 2025

Scottish seafood businesses are to get greater access to market intelligence, buyer networks and promotional opportunities in Europe, thanks a new partnership that trade body Seafood Scotland’s has formed with the Central Fish Market, Mercat Central del Peix, and education centre at Mercabarna, Barcelona.

According to Seafood Scotland, this agreement with one of the largest fresh food wholesale markets in Europe will help Scottish exporters better understand shifting consumer preferences, ensuring products are tailored to meet local demand and capitalise on Spain’s growing appetite for premium seafood.

Source: Worldfishing | Read the full article here


IN BRIEF - World's Largest Ultra-Cold 'Sleeping' Ship Ready to Sail

CHINA
Wednesday, November 05, 2025

Zhoushan—A massive, ultra-low temperature refrigerated vessel, dubbed the "Xinxiangli 55," has been delivered and is set to depart for the South Pacific fishing grounds in late November. The vessel is being called the world's largest of its kind by tonnage and loading capacity, effectively operating as a "mobile refrigerator at sea."

The ship was invested in and built by Zhoushan's Zhejiang Xinxiangli International Shipping Co., Ltd., at a cost of approximately $22.2 million (RMB 160 million). A sister vessel, the "Xinxiangli 56," is already operating in the South Pacific.

At 143.49 meters long, the "Xinxiangli 55" boasts approximately 11,500 cubic meters of refrigerated storage space, capable of maintaining temperatures as low as -55°C. This capability allows it to keep high-value catches, like raw tuna, in a state of "sleep" for thousands of nautical miles, preserving their quality.

The vessel will provide comprehensive services—including fish refrigeration, material supply, and personnel transfer—for Zhoushan's distant-water fishing fleet. It has an impressive maximum range of nearly 20,000 nautical miles and 54 berths, supporting flexible crew changes for distant-water fishermen.


Other Media | La Voz de Galicia: Environmentalists want a law mandating the publication of the true owners of fishing companies

WORLDWIDE
Wednesday, November 05, 2025

They warn that, according to Oceana, more than fifty vessels with Spanish capital are registered in countries with a high risk of illegal fishing.
 
The conservation organizations ClientEarth, Ecologistas en Acción, EJF, Oceana, SEO/BirdLife, and WWF believe that the draft Law on Control, Inspection, and Sanctions for Maritime Fishing represents a key opportunity to consolidate the country's leadership in the fight against illegal fishing and, above all, to improve transparency in the fishing sector. In this regard, one issue that environmentalists feel is missing is a requirement in the legislation to publish information about the individuals and companies that actually benefit from fishing activities
 
Source: La Voz de Galicia | Read the full article here

Other Media | Fish Focus: Thai Union records Q3 2025 adjusted net profit of THB 1.5bn

THAILAND
Wednesday, November 05, 2025

Thai Union records Q3 2025 adjusted net profit of THB 1.5bn as organic sales return to growth despite global headwinds. 

  • Sales volumes and organic sales improved year on year, with reported sales at THB 34.5 billion
  • Gross profit margin stood at a very robust 19%, showing strongly improved margins in the frozen business
  • Adjusted net profit reached THB 1.5 billion, up quarter on quarter, with major transformation costs set to taper off in 2026
  • Earnings per share grew by 12.1% year on year, reaching THB 0.34

Thai Union Group PCL have announced its third-quarter results, reporting a net profit of THB 1.3 billion. 

Source: Fish Focus | Read the full article here


Other Media | aqua.cl: USA: Trends and Challenges in the World's Most Competitive Market

UNITED STATES
Wednesday, November 05, 2025

Health, convenience, and traceability drive salmon growth in the United States, while the Chilean industry seeks to maintain its leadership in the face of tariffs, Norwegian competition, and an increasingly informed consumer.
 
The United States has established itself as the main destination for Chilean salmon. Its size, sophistication, and diverse distribution channels make it the most competitive market in the world for seafood products. In recent years, demand has followed a sustained upward trend, driven by consumers seeking healthy, quick-to-prepare foods with a commitment to sustainability.
 
According to data from the National Fisheries Institute, per capita salmon consumption in the United States grew by 34% between 2017 and 2022, increasing from 1.1 to 1.5 kilos per person per year.
 
Source: aqua.cl | Read the full article here

Other Media | SalmonBusiness: Regulators weigh industry code and tighter reporting after die-offs

AUSTRALIA
Tuesday, November 04, 2025

Review urges Chile-style controls and stronger heatwave planning.

A Tasmanian government debrief into last summer’s salmon mass mortality event has found that a lack of accurate and timely information from operators delayed critical decision-making and undermined public messaging.

The review, published on Monday, also highlights coordination and waste-logistics challenges and proposes ten actions, including consideration of an industry code of practice and strengthened reporting rules.

Source: SalmonBusiness | Read the full article here


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