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

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

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

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

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

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.

A new, low-cost Internet of Things (IoT) sensor system could help the aquaculture sector in developing countries fight against the effects of climate change by enabling fish farmers to detect, monitor, and manage water quality in real time.

Aqsen Innovations has partnered with CENSIS – Scotland’s innovation centre for sensing, imaging, and IoT technologies – to advance the development of its sensor system, Aquasense. This can be adapted to test for a range of variables in water, such as temperature, oxygenation, salinity, and the presence of chemicals such as chlorine.

Source: The Fish Site l Read the full article here

The European Commission has published two staff working documents to support EU Member States in facilitating the sustainable growth of aquaculture.

This comes in response to aquaculture producers’ calls to reduce the administrative burden on establishing and operating aquaculture sites in the EU.

The objective is to unlock the potential of aquaculture in the EU. Despite all of its benefits, aquaculture production in the EU has not grown at the same pace as in other parts of the world. 

Source: Fish Focus l Read the full article here

The European Commission's negotiations to sign a free trade agreement with Thailand have perhaps forged not strangers, but unprecedented bedfellows. The NGOs Oceana and EJF (Environment Justice Foundation), the fishing association Europêche, and the canning association Anfaco-Cecopesca met with the general director of Fisheries and Maritime Affairs (DG Mare), to convey to Charlina Vitcheva their concern that countries such as Indonesia, the Philippines and, above all, Thailand, can take advantage of the change in the political cycle in the EU to blur the red lines that the community industry and conservationists had marked, such as the consideration of tuna as a sensitive product, the demand for equal rules of gambling or the fight against illegal fishing.

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

Within the framework of World Tuna Day, the Mexican holding company Grupomar announces that it is strengthening its commitment and actions regarding sustainability to contribute to the preservation of the populations of this key species for global nutrition.

To help meet this goal linked to UN Sustainable Development Goal 14 for the preservation of Underwater Life, Grupomar will increase its efforts: carrying out sustainable fishing practices such as the Purse Seine Art (a method that protects the accidental capture of other species ); through the On-Board Observer program of the Inter-American Tropical Tuna Commission in its tuna fleet

Source: Industrias Pesqueras l Read the full article here