Aquaculture technology provider AKVA Group posted increased revenues and profitability in the fourth quarter of 2023 but stated that the introduction of Norway’s new resource rent tax on salmon farming has negatively impacted both its land- and sea-based business segments.
Delivering AKVA’s Q4 2023 results on 16 February 2024, CEO Knut Nesse said the company’s activities in 2023 remained relatively the same as the previous year, and even though its profitability improved, it still did not meet expectations.
Author: Jason Holland / SeafoodSource | read the full articlehere
THE Directors of Seafish have appointed Michael Poole Chief Executive Officer of the company upon the retirement of Hamish Wylie later this year.
(MercoPress) - Mr Poole is currently General Manager Fortuna Ltd and is described by his next employers as bringing with him“a good understanding of the fishing sector, but also other areas of business we operate in.”
Prior to that he worked in both the public and private sector in the Islands and in the UK.
A press release from Seafish said:“His current contractual commitments understandably mean that he cannot join us until later in the year, when a handover period is planned between himself and outgoing CEO Hamish Wylie.
"Following retirement, Hamish will take a seat on the board to provide corporate knowledge and continuity."
“The Board will offer a more formal thanks to Hamish later in the year when he retires.”
Seafish (Falklands) Ltd is a public company owned by over 260 Falkland Island status holders who collectively represent 14% of the demographic.
The next edition of Nor-Shipping is about a year and a half away and the Norwegian ship fair has already sold more than 80% of its exhibition area. The organizers highlight that existing pre-sale records have been broken ahead of the event in June 2025, a year in which the fair will celebrate its 60th anniversary. For Tereza Kjos, Sales Manager at Nor-Shipping, this figure represents a "clear case" in which demand exceeds supply.
In order to meet demand, the second floor located above the mezzanine in Pavilion D, named "Upper Deck. Ocean Campus", has been opened, which will bring together academic institutions, students and industrial actors.
Source: Industrias Pesqueras | Read the full articlehere
The European Commission has welcomed the political agreement reached between the European Parliament and the Council of the European Union on maritime accident investigations, which modernizes a 2009 Directive. The Directive, formulated with the aim of improving maritime safety in coastal waters the EU, will focus on the detection and management of maritime accidents and incidents that occur each year in the EU. The directive, formulated with the aim of improving maritime safety in EU waters, will focus on the detection and management of maritime accidents and incidents that occur each year in the EU.
Isle of Mull Oysters are now the only ASC certified Oysters in Scotland. Whilst the production processes largely remain the same the chain of custody process has helped to organise and document a process of farming that has been learnt over generations of the same family.
The Aquaculture Stewardship Council’s accreditation enhances the important sustainability message provided by a recent Life Cycle Assessment. The report, commissioned by Scottish Shellfish Marketing Group in collaboration with Edinburgh University, concluded that Oysters have one of the lowest GWP (Global Warming Potential) of all farmed proteins and actually “breathe life into the sea” where it’s farmed.
Scottish salmon was the UK’s top food export by value in 2023, figures from HMRC show.
Export sales for the calendar year totalled £581m, up by 5% year-or-year and equivalent to £1.6m every day.
France – which is a key processor for on-sale to other countries as well as a major consumer of salmon – once again led global demand. The US and Asian markets saw sharp growth, however. Salmon exports by value to the US were up 7% to £139.8m and to China, up 27% to £47.5m.
The fourth quarter of 2023 closed out a solid year’s performance for Frøya, Norway-headquartered SalMar, but the period also ended with several of the salmon producer’s facilities in central and northern Norway suffering from string jellyfish attacks.
With the attacks continuing to cause serious impacts to fish welfare into the new year, the company has culled substantial volumes at multiple locations and harvested much of its fish earlier than planned to avoid further issues.
Author: Jason Holland / SeafoodSource | read the full articlehere
As of last January, 2,795 tons of seafood were imported from the United States to Korea, which is an 18% decrease from the 4,033 tons in the same period in 2023 and accounted for 4% of the entire country's import volume of 84,073 tons.
Frozen pollock, one of the main species imported from the United States, amounted to 761 tonnes, 27% of the total import volume, an increase of 221% from 237 tonnes the previous year.
The second most imported fish species was frozen salmon, accounting for 15% of total imports, at 420 tons, and the third most imported fish species, frozen stingray (skate), was imported at 220 tons, accounting for 8% of total imports.
The import amount of American seafood was USD 17.32 million, a 71% increase compared to USD 10.15 million in the same period last year.
Minister for Agriculture, Food and the Marine, Charlie McConalogue T.D, today announced the allocation of almost €29.7m for capital projects in 2024 in Ireland’s six state-owned Fishery Harbour Centres at Killybegs, Ros an Mhíl, An Daingean, Castletownbere, Dunmore East and Howth. An element of the investment also goes to other facilities under the Department’s management.
The Minister noted:
“The six Fishery Harbour Centres are crucial infrastructure for our seafood industry. Approximately 87% of all fish landings into Ireland come through these facilities making them strategic economic hubs for the Seafood industry. The continuous development of the infrastructure in these Harbours is critical to the fishing fleet and the land-based seafood processing industry. My focus remains on delivering strong sustainable livelihoods for our fishers and food producers who are the bedrock of the sector.”
The importance of primary and secondary food production activities is reflected in the Government’s“Food Vision 2030 A World Leader in Sustainable Food Systems”. First class landing infrastructure, where a modern seafood industry can operate effectively and be efficiently serviced is key to ensuring the maximum opportunities for primary and secondary processing of seafood in Ireland and provide for a strong Irish seafood processing industry to service our fishing fleet and others and maintain these coastal communities.
Chubut's Shrimp Season Resumes After One-Month Pause Argentina
Vessels fishing north of Rawson continue to catch shellfish sizes L2 and L1; to the south similar sizes and somewhat smaller. The fishing production chain is slowly resuming. Yesterday, more than thir...