IN BRIEF - Norway’s Nordlaks to provide Atlantic Sapphire RAS
Tuesday, March 21, 2023
Norwegian aquaculture company Nordlaks intends to provide recirculating aquaculture system (RAS) know-how to Atlantic Sapphire.
Nordlaks became an owner of Atlantic Sapphire in 2022 and this week invested US$10 million in the Miami-based Atlantic salmon producer. On March 16, Atlantic Sapphire also reported that it raised $55 million through a private placement at the Oslo Stock Exchange.
Three other companies had pre-committed to subscribe for offer shares in the private placement:
Strawberry Equities AS for the NOK equivalent of $6.5 million;
Blue Future Holding AS owned by EW Group, a leading global provider of animal genetics, nutrition and health products, for NOK 50m ($6.3 million); and
Joh Johannson Eiendom AS, also for NOK 50 million (US$6.3 million)
Prior to the issue, Nordlaks held 4.8 per cent of shares in Atlantic Sapphire. Now, Nordlaks has become a major shareholder of Atlantic Sapphire holding 10.6 per cent of the company and will implement a cooperation agreement with the Miami-based firm within the first quarter of 2023.
Sushi Circle, operator of 240 sushi shops in the German food trade, will be operated by Zensho Holdings in the future. Japan's largest food service provider wants to accelerate its expansion. The seller is the family of Gerd Kaiser, former Rewe board member and founder of Eins-A-Markt.
Last week, Sushi Circle Gastronomie GmbH in Neu-Isenburg sold Japanese billionaire Zensho for an undisclosed purchase price.
As of the end of last year, Sushi Circle had 221 takeout restaurants and seven conveyor belt sushi restaurants.
It was revealed in an interview with this newspaper that the major domestic aquatic feed manufacturers have effectively decided to withdraw from the production of Aquaculture Stewardship Council (ASC) certified farmed fish feed.
ASC establishes food certification, starting in February. It will officially come into force on February 1, 2025 and is currently in a transition period. According to an interview with this newspaper, only one company in Japan, Skretting, is engaged in the production of ASC feed. The government advocates for a growing industry by expanding exports of farmed fish, but...[continued]
The fishing net recycling facility built by the JF Tachiura Fishery Cooperative in Hirado City, Nagasaki (Chairman Shuji Kamogawa) utilizing the Ministry of the Environment's subsidized project was completed, and the opening ceremony was held on the 27th. This is the first dedicated facility in Japan to ship discarded polyester (PET) fishing nets collected from purse seine fleets, the main fishing industry of the fisheries cooperative, as recycled raw materials. We aim to establish and expand recycling, including exit strategies.
A solvent cleaning device developed by Kentec Co., Ltd. was installed at the Tateura Fishing Net Washing and Recycling Facility. To efficiently remove resin that reinforces the surface of a fishing net in order to increase the durability of the fishing net.
Toshihiko Nishikawa, general manager of the Alliance Management Department at Teijin Limited, a joint venture and a major textile manufacturer, said, "This washing process was important in order to sufficiently remove impurities and make it easier to manufacture processed products." Unlike nylon fishing nets, PET fishing nets are difficult and costly to recycle, and are mainly disposed of as industrial waste. The value as a resource was discovered by succeeding in recycling raw materials with few impurities.
New Irish €26.8 million investment under Brexit Processing Capital Support Scheme.
Ireland’ Minister for Agriculture, Food and the Marine, Charlie McConalogue, has announced details of a €26.8 million investment in 44 seafood processing projects which are helping drive transformational change in the sector.
The Seafood Capital Processing Scheme is funded by the European Union under the Brexit Adjustment Reserve (BAR). Bord Iascaigh Mhara (BIM), Ireland’s seafood development agency, administers the scheme on behalf of the Department of Agriculture, Food and the Marine, which provides for up to €45 million in funding to the seafood processing sector.
Announcing details of the investment on European Maritime Day, Minister McConalogue said:
“The Processing Capital Support Scheme is providing significant investment in seafood processing enterprises, which employ some 4,000 people in rural coastal communities.
“This scheme is supporting seafood processing industry to develop their enterprises, navigate the challenging trading environment and support jobs in this important sector.
“I am pleased to highlight Brexit Adjustment Reserve funding opportunities available to the Irish seafood processing sector as Europe’s marine community come together on European Maritime Day.”
Global schedule reliability has continued to improve M/M, although the strength of the improvements have declined with each proceeding month.
In April 2023, schedule reliability improved by 1.7 percentage points M/M to 64.2%, up 29.9 percentage points Y/Y. Average delay for LATE vessel arrivals also continued to decrease, with the April 2023 figure dropping by -0.72 days M/M to 4.34 days. This is -2.22 days lower Y/Y and is now also lower than the respective 2020 figure.
Maersk was the most reliable top-14 carrier with schedule reliability of 70.3%, followed by MSC with 68.0%, and Evergreen with 67.1%. There were 6 more carriers with schedule reliability of over 60%. The remaining carriers all had schedule reliability of 50%-60% and were within 5.0 percentage points of each other.
Yang Ming was the least reliable carrier in April 2023 with schedule reliability of 52.1%. Only 7 of the top-14 carriers recorded a M/M improvement in schedule reliability in April 2023, with Evergreen recording the largest improvement of 4.6 percentage points. All top-14 carriers recorded double-digit Y/Y improvements, with Wan Hai recording a 43.5 percentage point improvement.
June 1st Nissui reorganizes its aquaculture subsidiary
Landing Kurose yellowtail (provided by Nissui) Nissui (Chairman: Shingo Hamada) announced on the 30th that Kurose Suisan (Chairman: Naoki Kumakura, Kushima City, Miyazaki Prefecture), which grows and processes horse mackerel, and Satsuma Suisan (Kanoya City) , Kagoshima Prefecture, ditto), which grows amberjack, will start operations in June, they announced that they will merge on the same day.
The company aims to strengthen its corporate power by expanding the business scale of Kurose Suisan and integrating the overlapping operations of the two companies. Kurose Suisan will be absorbed and merged, and the function of Satsuma Suisan will remain as a division of Kurose Suisan, continuing to farm amberjack.
Yesterday the seminar called "Sustainable Aquaculture and Fishing" was held in Santiago, organized by the Norwegian Embassy in Chile, and the Innovation Norway center, where the future of industries as important as salmon farming was technically discussed.
As an introduction to the subject, the Norwegian ambassador to Chile, Jostein Leiro, stated that both Chile and Norway share similar challenges in their salmon farming activities: in the first case, a new Aquaculture Law that will soon begin to be processed in Congress, and in the second, second, an increase in taxes.
The Ministry for the Ecological Transition and the Demographic Challenge (Miteco) has launched the second edition of the Incentive Program for pioneering and unique renewable hydrogen projects (H2 Pioneros II). This call is endowed with 150 million euros to encourage the development of projects with commercial viability for the production and local consumption of renewable hydrogen, especially in sectors where decarbonization is more difficult.
Source: IndustriasPesqueras | Read the full articlehere
Charoen Pokphand Foods Nichirei Fresh have launched a biodiversity and mangrove protection project in Thailand.
Bangkok, Thailand-based CP Foods and Tokyo, Japan-based Nicherei are two of the world’s largest seafood companies. In a press release, they said they embarked on the project as part of their shared commitment to work toward attainment of the United Nations’ Sustainable Development Goals.
Author: Cliff White / SeafoodSource | read the full articlehere
Human food for millions is turned into fishmeal Norway
The following is an excerpt from an article published by Kystmagasinet:
In several fisheries, it is not legal to sort out edible fish from the catches. Therefore, cod, haddock, pollock, mackerel and ...
A farmed salmon that eats much less fish Netherlands
Who can taste the difference with an 'ordinary' farmed salmon? No one at the moment. The salmon from the farm near the Norwegian island of Kvarøy that chefs Alain Caron and Thomas De Muth serve...
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