Norwegian seafood industry faces unattainable climate goals without major overhaul, report finds.

The Norwegian seafood sector will be unable to meet its 2040 climate goals due to inadequate infrastructure for transitioning from fossil fuels to renewable energy, according to a report by research institute Sintef.

The findings highlight significant barriers to electrifying the industry, which relies heavily on diesel for vessels, fish farms, and processing plants.

Source: SalmonBusiness l Read the full article here

Chilean fishing and salmon-farming firm Blumar cut its losses year over year in the third quarter of 2024, but still remained in the red.

In response to several straight periods of poor performance, the company has continued pursuing a process to transform its business operations.

During Q3 2024, Blumar’s total revenues amounted to USD 138 million (EUR 132 million), down 9 percent from the USD 152 million (EUR 146 million) the company earned in the third quarter of 2023.

Author: Christian Molinari / SeafoodSource l Read the full article here

Fish products and marine ingredients heavyweight Pelagia has formed a new department to offer more comprehensive sludge solutions to the aquaculture industry, it has announced.

Following Pelagia’s purchase of Blue Ocean Technology and subsequent merger of the companies, the technology and development expertise is now gathered in Pelagia's new Blue Ocean Solutions department. Pelagia said this is an important step towards delivering services ranging from collection and processing, to storage, logistics and better resource utilisation of sludge.

Source: fishfarmingexpert l Read the full article here

The 2024 Peruvian anchovy fishing season is showing remarkable progress, with total catch volumes projected to reach an unprecedented 4.6–4.7 million tonnes—double the figures recorded last year.

Since the second half of the fishing season began in November, 1.37 million tonnes of anchovies have been landed, accounting for 54.6% of the annual quota. However, concerns are rising as juvenile catches near the 151,000-tonne limit, potentially prompting an early closure of the season and impacting preliminary contractual obligations.

Despite this, the market outlook remains strong. Approximately 450,000 tonnes of fishmeal have already been pre-sold for the current season, covering 75–89% of the anticipated production. This robust pre-sale activity underscores continued confidence in Peru’s anchovy sector, despite environmental and regulatory challenges.

The last French factory of the Saupiquet brand will cease its activity on Friday, December 20, with 152 layoffs. 

But the negotiations for the departure of the employees went well, according to the CFDT, reports Franck JOURDAIN from Le Marin.

The last Saupiquet factory in France, located in Quimper in Finistère, will close on Friday, December 20 and 152 jobs will be cut, in accordance with what its owner, the Italian group Bolton Food , announced on June 11. The last temporary workers (70 work at the factory on average) will leave on Thursday evening.  Friday will not be easy because there is a family atmosphere in the company  , concedes Valérie Bonder, CFDT union representative.

Shrimp exports in the first 11 months of 2024 brought in nearly 3.6 billion USD, up 22% over the same period last year. Exports to major consumer markets all recorded double-digit growth.

For the first time in over 40 years, the United States has released a comprehensive update to its National Aquaculture Development Plan, reaffirming its commitment to this method of seafood production. The updated plan emphasises aquaculture’s role as a climate-smart food source, highlighting its potential to bolster food security.

The plan was developed by the National Science and Technology Council's Subcommittee on Aquaculture and integrates several strategic frameworks, including a newly finalised Strategic Plan for Aquaculture Economic Development. 

Source: The Fish Site l Read the full article here

Wilton, California-based white sturgeon farm Tsar Nicoulai Caviar has bought Sterling Caviar, the oldest caviar farm in America, with the strategic merger positioning Tsar Nicoulai’s combined farms as the largest purveyors of sustainable caviar in the country.

Founded in 1983 by Norwegian entrepreneur Jacob Stolt-Nielsen, Sterling Caviar utilises water recirculating technology and sustainable farming practices. Despite its rich history and contributions to the industry, Sterling has faced various financial difficulties, entering receivership earlier this year due to a US$23 million debt. The acquisition by Tsar Nicoulai Caviar marks a new chapter for Sterling, allowing it to leverage Tsar Nicoulai’s expertise and resources to revitalize its operations.

Source: Worldfishing l Read the full article here