European fisheries social partners European Transport Workers’ Federation (ETF), Europêche and COGECA have jointly adopted a resolution urgently addressing the critical state of the Mediterranean fisheries.
According to ETF, Europêche and COGECA, the decision highlights shared concerns about the situation of fisheries in the Mediterranean where coastal communities are suffering from sizeable reductions of fishing effort, and the need for sensible EU policies to support both environmental, social and economic dimensions.
As the central government is reluctant to approve the reduction of VAT on fish, the PP has used its majority in the Senate to approve the reduction of VAT on fish products, which are now taxed at 10%, at the rate that the Rajoy government taxed them, which later also refused to lower it.
Ruiz reproached the government for still not having clarified why the VAT on some foods has been lowered and "that of others, such as fishing, has not."
Source: La Voz de Galicia l Read the full article here
Despite increased salmon supply in the northern hemisphere, especially in Norway, and a reduction in supply in Chile (-2.8%), AquaChile managed to maintain stable prices in key markets.
AquaChile, one of the main salmon producers in Chile, reported strong financial performance during the January-September 2024 period, reaching sales revenues of US$1,178 million, representing a growth of 11.2% compared to the same period in 2023. Net profits adjusted for fair value stood at US$87 million, a significant increase compared to the US$117 million reported in 2023. This strong result was driven by the market diversification strategy and the positive performance of its Pacific salmon line.
The Lerøy Seafood Group is investing around £25m in new farming technology in a move to improve fish welfare, the company announced today. This will include new submersible cages to protect the fish from sea lice.
Presenting the group’s third quarter results, CEO Henning Beltestad (pictured) said he expected the investment to lead to significant improvements by next year.
Author: Vince McDonagh / FIsh Farmer l Read the full article here
NFI’s bylaws allow for a 51-person Board, with 45 at-large Directors. There is an 18-person Executive Committee drawn from the Board and six officers. NFI elects a new slate of board members annually to serve three-year terms.
“This Board is comprised of some of the most knowledgeable individuals in the seafood community,” said NFI President and CEO Lisa Wallenda Picard. “The NFI Board of Directors’ never-ending commitment to the industry will always impress me, and I’m honored to welcome these new voices and outlooks to the Board.”
The newly elected Board members as well as Executive Committee members in italics are as follow:
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Lisa Webb, Gorton’s Inc. Vice President of Operations, joins the officer’s group as Treasurer and David Melbourne, President and CEO of AquaBounty Technologies, Inc., joins the officer’s group as Secretary.
Consolidated FY2024 April-September period: mixed results for marine products
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[Financial Results] Four major seafood companies see increased revenue for all, three companies see increased operating profits/April-September 2024 consolidated period. Mixed results for seafood products
The consolidated financial results for the April-September 2024 period for the four major seafood and food companies all maintained an increase in revenue, as in the first quarter. All three companies, except Maruha Nichiro, saw an increase in operating profit. While sales in the seafood division were solid, profits were mixed depending on the products handled, such as salmon and trout, which sold well, and pollock paste, which saw a slump in market prices.
The 10 female CEOs selected met many criteria such as creating positive change, leaving a personal mark and having inspirational leadership.
Nguyen Ngo Vi Tam was appointed CEO of Vinh Hoan in 2016 after 13 years with Photo captionthe company. Vinh Hoan is currently the largest pangasius exporter in Vietnam, continuously maintaining the No. 1 position since 2009.
During the 2016-2023 period, Vinh Hoan's revenue and profit (after tax) increased by 40% and 62% respectively. In 2023, Vinh Hoan's revenue reached over 10 trillion VND (U$D 395M).
CEO Vinh Hoan has a bachelor's degree in law and a master's degree in business administration from Maastricht School of Management (Netherlands).
Working for the YKVN law firm, Vi Tam assisted Vinh Hoan in resolving the anti-dumping lawsuit against the United States in 2002-2003. Winning the affection of Vinh Hoan founder Truong Thi Le Khanh, she joined this private company.
Starting as a sales team leader, she rose through the ranks, proving her ability and dedication to her work, and was given an executive position at the age of 37.
It was revealed on the 12th that Seven & i Holdings had closed all eight of its convenience stores in Israel by the end of July.
It appears that the company decided that it would be difficult to continue its business due to ongoing fighting between Israel and the Islamic organization Hamas.
Seven-Eleven targets store sales of 30 trillion yen in fiscal 2030 to counter takeover bid
The company opened its first store in Israel in January last year. It sold sandwiches, salads, and other foods that comply with Jewish law. A spokesperson for the company explained that it was "not withdrawing from the country."
7-Eleven began operations in Israel only early 2023 year, with plans to open some 400 more outlets.
QUINGDAO - Cornelis Vrolijk did the honors for the Netherlands at the large China Fisheries & Seafood Expo last week in Qingdao. The Vrolijk group, no stranger in China, was the only Dutch stand holder among the more than 1,600 exhibitors.
Since its first edition in 1996, the annual fish fair has grown enormously. With an exhibition floor of 45,000 square meters and around 35,000 visitors, it is one of the largest fish fairs in the world, since 2019 in Qingdao's new Hongdao International Convention and Exhibition Center, the largest exhibition complex in northern China.
Cornelis Vrolijk, including Primstar, speaks through director Annerieke Vrolijk of a successful busy fair. "It was nice to welcome our Asian customers. Despite the ailing economy in China, we see that the demand for our products is growing, and we hope to continue this trend in 2025."
With 1.4 billion inhabitants and a love of all things swimming, China remains a promising growth market for fish. According to agricultural specialists at Rabobank, China is looking beyond its borders to meet increased domestic demand. China is expected to import around 29 billion dollars in 2030, which will make it far surpass the United States as a huge fish market.
The companies Biolam, based in Zamudio (Bizkaia), Adisseo and Cargill have merged into the Sustainable Shrimp Partnership. This alliance aims to integrate the entire production chain of the shrimp sector, involving producers, suppliers and other entities with a shared commitment to sustainability.
The Sustainable Shrimp Partnership (SSP) recently announced the entry of Adisseo, BIOLAN and Cargill as new associate members, consolidating a strategic alliance aimed at transforming aquaculture towards more responsible, sustainable and transparent practices. This step represents a strengthening of the SSP's mission, which aims at sustainable shrimp production on a global scale.
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EUROPEAN UNION
European fisheries social partners European Transport Workers’ Federation (ETF), 
SPAIN
As the central government is reluctant to approve the reduction of VAT on fish, the PP has used its majority in the Senate to approve the reduction of VAT on fish products, which are now taxed at 10%, at the rate that the Rajoy government taxed them, which later also refused to lower it.
CHILE
Despite increased salmon supply in the northern hemisphere, especially in Norway, and a reduction in supply in Chile (-2.8%), AquaChile managed to maintain stable prices in key markets.
NORWAY
The 
UNITED STATES.png)
JAPAN.png)
VIET NAM
Nguyen Ngo Vi Tam was appointed CEO of 
ISRAEL
It was revealed on the 12th that 
CHINA
ECUADOR
The companies Biolam, based in Zamudio (Bizkaia), Adisseo and Cargill have merged into the 
