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Other Media | Navarra Capital: Caviar Pirinea buys Grupo Tres Mares and Truchas del Umia

SPAIN
Thursday, February 02, 2023

Thus, the firm adds these facilities, located in Galicia, to the four that the company has in Yesa (Navarra), Peramola (Lérida) and Biescas and El Grado (Huesca).

Caviar Pirinea announced on Tuesday the acquisition of the Grupo Tres Mares and Truchas del Umia fish farms. The purchase of these fish farms, located respectively in Lires (CEE, La Coruña) and Moraña (Pontevedra), will allow the group to "meet the growing demand for rainbow trout both in Spain and in the European market."

Source: Navarra Capital l Read the complete article here


IN BRIEF - Frozen volume of salmon and trout, both lower than the previous year. Salmon coho Fall

JAPAN
Friday, March 29, 2024

According to trade statistics from the Ministry of Finance, the total value of Japan's salmon and trout imports in 2023 was 276.971 million yen (CIF), down 7% from the previous year.

Volume decreased by 12% to 212,918 tons. Both the volume and value of frozen products were lower than the previous year. Although the quantity of fresh products decreased, the value remained the same as last year, while the quantity of salted, smoked and prepared products remained at the same level as the previous year, but the value increased by 10%.

Coho salmon

La cantidad de salmón coho congelado (preparado) utilizado para filetes disminuyó un 12% a 84.151 toneladas, y el precio disminuyó un 11%.

Chilean coho salmon

 


Other Media | The Fishing Daily: French Minister Urges Dialogue Over UK Expansion of Marine Protected Areas

FRANCE
Friday, March 29, 2024

French Minister Hervé Berville has called for dialogue between the European Commission and the United Kingdom regarding recent decisions to expand marine protected areas (MPAs), which impact French fishing vessels’ activities in certain zones.

Speaking during the informal meeting of the Council of Fisheries Ministers of the European Union, Minister Berville emphasised the need for swift engagement between the Commission and London in response to the fishing ban imposed by the UK.

The French Minister warned the meeting, ”The Commission must enter into dialogue with London as soon as possible.”

While unable to attend the informal Council held in Bruges due to travel commitments in French Guiana, Secretary of State for the Sea and Biodiversity, Hervé Berville, voiced concerns over the fishing restrictions announced by the UK government.[continues...]

Author: Oliver McBride / The Fishing Daily


IN BRIEF - EFishery acquihires Indonesian AI-powered IoT startup, to launch AI brand

INDONESIA
Friday, March 29, 2024

eFishery, an Indonesia-based aquaculture firm, has acquihired DycodeX, a local AI-powered IoT startup. The deal, whose terms are undisclosed, will let eFishery expand its AI plans, which includes an upcoming brand called eFishery.ai.

The DycodeX team will join eFishery’s artificial intelligence of things (AIoT) and cultivation intelligence team, which is part of the unicorn’s product division. DycodeX co-founder and CEO Andri Yadi will lead the team as vice president.

With the new team, eFishery is planning a two- to three-year roadmap where it would launch 10 new products. They will take the form of IoT products and platforms, a generative AI product, as well as other aquaculture intelligence solutions.

Currently, eFishery has one AI-powered product called eFeeder, which allows its clients to enable automatic feeding for fish and shrimp cultivation. Other products include a feed marketplace and a B2B platform for fish trading. The company further said that with Yadi and his team, it expects product development cycle to be 3x to 4x faster.

The DycodeX acquihire comes as eFishery’s in expansion mode. Last year, the company entered India – its first overseas market – while raising $200 million in series D funding , which boosted its valuation to US$1.4 billion.

As of January 2024, eFishery said it counts 200,000 fish farmers as clients.


IN BRIEF – 'The French vessel that is to come to patrol Guyana’s waters, saving the country $100M through illegal fishing, is yet to dock here'

FRENCH GUIANA
Friday, March 29, 2024

The disclosure was made by Vice President (VP) Bharrat Jagdeo on Thursday at his weekly press conference.

The VP was asked by a report of this publication if he can say whether the French vessel that the President spoke of, that will be patrolling the waters, saving the country $100M has arrived? Jagdeo said that, “It has not. But this is the estimate. Remember when we were talking about policing our exclusive economic zone so we do have to look at it. It’s estimated that we can lose as much as $100M per year from illegal fishing in our waters. This is deep sea though.”

The Vice President explained that investing in additional assets for the Guyana Defence Force will help curb illegal fishing. It was previously reported in the media that government was in talks with French officials in relation to having a large ship stationed in Guyana’s Exclusive Economic Zone. This is to facilitate the prevention of hundreds of millions in losses due to illegal fishing.

Source: Kaieteur News


IN BRIEF - Faced with the Peruvian decline, fishmeal production in India and Oman is increasing rapidly

JAPAN
Friday, March 29, 2024

According to trade statistics from the Ministry of Finance, the amount of fishmeal imported in 2023 was 178,333 tons, an increase of 11% over the previous year, and 40.843 million yen, an increase of 22%.
 
 
By country, India ranked first, with a strong increase of 2.2 times compared to the previous year, representing 21% with 36,919 tons. Peru's share, which normally ranks first, was only 13%, with 22,717 tons, a significant decrease of 43% from the previous year. As if to offset the drop in production in Peru, Oman's production quickly increased by 83% to 17,476 tonnes.

Other Media | Fish Farmer: Seafood Council names new France envoy

FRANCE
Friday, March 29, 2024

The Norwegian Seafood Council has a new envoy to help promote the industry in France, one of the country’s main salmon markets.

She is 41-year-old Sigrid Louise G. Philippart (pictured) who is coming into the world of fish from the energy industry.

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


Other Media | SeafoodSource: Taiwanese fisheries body hosts US delegation for meetings on distant-water labor issues

TAIWAN
Friday, March 29, 2024

The Taiwanese fishing industry hosted a delegation led by U.S. Department of Labor Deputy Undersecretary Thea Lee to “gain more practical understanding” of Taiwan's efforts to enhance the rights of migrant crew members onboard its distant-water fishing vessels.

During a visit from 26 February to 1 March, Lee took part in workshops and meetings to address labor issues, and she met with Taiwan’s ministry of labor

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


Other Media | Fish Focus: How Scottish Seafood Performs Across the UK

UNITED KINGDOM
Friday, March 29, 2024

New research gives a deep dive on how Scottish seafood Is performing across the UK

Key opportunities for Scottish producers lie in the youth market, and innovative snacking or convenience products
Consumers are more likely to buy a seafood product labelled as ‘from Scotland’
Salmon retains nearly half of the seafood market, despite being hit hardest by inflation

Source: Fish Focus l Read the full article here


IN BRIEF - At WTO, Australia seeks details on India's fisheries plan

AUSTRALIA
Thursday, March 28, 2024

Australia has sought details of India's fisheries programmes such as the policy objective, budget expenditure and coverage. At a meeting at the World Trade Organization (WTO) on Tuesday, it also asked if there are performance requirements such as export or production-based targets attached to payments or loans under the Pradhan Mantri Matsya Sampada Yojana (PMMSY).

Besides the duration of the programme, it wants details on the background, authority, forms of subsidies, policy objective or purpose and a confirmation whether the PMMSY supersedes the Blue Revolution: Integrated Development and Management of Fisheries. The questions were raised after the WTO members failed to reach an agreement on fisheries subsidies at the 13th ministerial conference in Abu Dhabi last month.

Click photo to know about PMMSY

Australia sought confirmation on whether one of the objectives of PMMSY in relation to marine fishing is especially to harness tuna resources both in India's exclusive economic zone (EEZ) and the high seas. EEZs are areas up to 200 nautical miles from the shore and beyond that are the high seas. "Australia wants to know the coverage of this fisheries plan and if it covers aquaculture as well as marine capture fishing," said an official, who did not wish to be identified.

Another set of questions raised by Australia relates to India's programme on conversion of trawlers into resource specific deep-sea fishing vessels.[...]

Author/Source: Kirtika Suneja / ET Bureau


IN BRIEF - Cromaris business results in 2023

CROATIA
Thursday, March 28, 2024

According to the unaudited consolidated reports for Q4 of 2023, Cromaris achieved a significant milestone, generating revenue of €105 million from the sales of goods and services, marking a remarkable 10% increase compared to the previous year, and our sales volume reached 13,610 tons of fresh fish equivalent.

Maintaining our strong presence in international markets, we continue to excel with 88% of our sales volume and revenue coming from overseas markets.

Diving into our diversified product portfolio, which accounted for 36% of our revenue in 2023, processed products, including packaged and gutted fish, saw the most significant surge in growth.

Despite facing challenges such as increased prices in key procurement categories, notably fish feed, our operational performance remains strong. Our EBITDA reached €12.6 million, showcasing a 15% increase and our net profit of €3.8 million in 2023, marked an impressive 57% growth.

Source: Cromaris PR


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MORE NEWS
Japan
Mar 29, 18:30 (GMT + 9):
IN BRIEF - Frozen volume of salmon and trout, both lower than the previous year. Salmon coho Fall
China
Mar 29, 07:40 (GMT + 9):
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Canada
Mar 29, 07:10 (GMT + 9):
Cooke Aquaculture Named One of Atlantic Canada’s Top Employers
Indonesia
Mar 29, 07:00 (GMT + 9):
IN BRIEF - EFishery acquihires Indonesian AI-powered IoT startup, to launch AI brand
France
Mar 29, 07:00 (GMT + 9):
Other Media | The Fishing Daily: French Minister Urges Dialogue Over UK Expansion of Marine Protected Areas
Thailand
Mar 29, 07:00 (GMT + 9):
Thai Union Collaborates to Achieve Zero Wastewater Discharge and Establish an Industry Learning Center
Russian Federation
Mar 29, 07:00 (GMT + 9):
Russia and China Combat Illegal Fishing: Electronic Certificates of Legality for Catches
United Kingdom
Mar 29, 07:00 (GMT + 9):
Brexit costs Scotland up to USD 126.09 million-a-year in lost salmon exports
French Guiana
Mar 29, 06:00 (GMT + 9):
IN BRIEF – 'The French vessel that is to come to patrol Guyana’s waters, saving the country $100M through illegal fishing, is yet to dock here'
Japan
Mar 29, 03:00 (GMT + 9):
Driftnet fishing for salmon and trout starts early. Agreement with Russia
Russian Federation
Mar 29, 01:00 (GMT + 9):
Will the Russian Far East be the country with the most snow crabs in 2025?
Viet Nam
Mar 29, 01:00 (GMT + 9):
Shrimp exports from Ecuador are facing many challenges
Japan
Mar 29, 00:50 (GMT + 9):
IN BRIEF - Faced with the Peruvian decline, fishmeal production in India and Oman is increasing rapidly
Taiwan
Mar 29, 00:00 (GMT + 9):
Other Media | SeafoodSource: Taiwanese fisheries body hosts US delegation for meetings on distant-water labor issues
France
Mar 29, 00:00 (GMT + 9):
Other Media | Fish Farmer: Seafood Council names new France envoy

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