Operational performance continues to suffer, mainly due to lower demand, reduced prices, and more restrictive processing.

Salmones Camanchaca’s operating revenue amounted to USD 66 million during the quarter, down 53 per-cent from USD 139 million in Q4 2019. The decrease is due to a 35 per-cent decrease in sales volume, combined with a 27 per-cent drop in prices for Atlantic salmon, wrote the Chilean salmon farmer in a stock exchange announcement.

Operational EBIT before fair value adjustments in Q4 2020 was minus USD 13 million, compared with USD 34 million the period in 2019.

Source: SalmonBusiness | Read the full article here

The COVID-19 pandemic has taken its toll on Hong Kong’s seafood trade, but the city retains an outsized role in Asia in promoting more sustainable consumption of seafood. With the second-highest per capita seafood consumption levels in Asia (and eighth-highest globally), the city’s role as a free port and trading hub for the mainland Chinese market also makes it a prime location for changing purchasing habits in greater China.

A report on how the city’s retailers and high volume vendors of seafood, have been faring on improving their sustainable and traceable products suggests retailers are moving in the right direction – slowly.

Author: Mark Godfrey / SeafoodSource | Read the full article here 

World Heritage Salmon (WHS), which aims to produce Atlantic salmon in a former mine in Norway, has entered into a five-year contractual agreement with Benchmark Genetics.

WHS plans an annual production of up to 100,000 tonnes of salmon, in a facility consisting of 15 tunnels in Synnylvsfjorden. These would require an annual demand of 20 - 25 million ova. The contract is initially for five years, starting 2023, and with a further option for additional five years.

Source: The Fish Site | Read the full article here

A group of UK fishing industry bodies and businesses have written to the Treasury to point out the shortcomings of current tax legislation that result in disincentives to investment in building new, safer, more environmentally friendly fishing vessels.

In a letter to Chancellor Rishi Sunak, the Western and South-Western POs, the Scottish Whitefish Producers Association, shipbuilders C Toms & Son and Parkol Marine Engineering, and fishing companies Hooktone Group, Interfish and Waterdance state that legislation dating back a quarter of a century is negatively affecting investment – and are asking that the matter be given urgent attention before the forthcoming government budget.

Author: Quentin Bates / FiskerForum | Read the full article here

Cargill Ecuador has received the Global GAP (Good Agricultural Practice) certification, a standard of good agricultural practices, which covers aspects of responsible handling of agrochemicals, food safety and sustainability. NSF certification to a GAP standard allows a food supplier to guarantee that food has been produced, prepared and handled in accordance with the most recognized international standards “thus providing an important competitive advantage to many Cargill Ecuador customers in the markets. international ”, they add from the company.

Source: iPac.acuicultura | Read the full article here

After almost four weeks moored in the port of Salvador de Bahía, in Brazil, the Vigo-based fishing boat Venturer set sail last night for the Malvinas fishing ground, according to sources who are closely familiar with the situation. The vessel operated by the Pescapuerta company - officially its owner is Petrel Fishing, in which the Vigo fishing group participates - suffered an outbreak of covid on the high seas that resulted in 31 infections. The latest tests showed that there was no longer any infected on the ship. A sailor from Cangas who remains admitted to the hospital. So the Venturer has set sail.

Source: The Voice of Galicia | Read the full article here

Oceana continues to reveal fraud in the marketplace. This time it is Peru's turn, where, on average, 67% of fish is traded under another name and substituted fraudulently; that is, approximately 7 out of 10 fish are sold under another name, according to the results of the new report carried out by the marine conservation organizations Oceana Peru and ProDelphinus.

The study analyzed 1025 samples collected in the main coastal cities of the country, identifying the replacement of species in 75 points of sale, among restaurants, supermarkets and district markets, in Lima (La Punta, La Victoria, Miraflores, San Borja and Surquillo), Chiclayo and Piura.

Source: Fisheries Industries | Read the full article here

The Canadian federal government’s decision to close salmon farms in the Discovery Islands region of British Columbia will put 1,535 jobs at risk and the state’s economy will take a hit of CAN $139.1m. Those are among the findings of a report from economics consultancy RIAS, commissioned by the BC Salmon Farmers Association (BCSFA).
In December last year, Fisheries, Oceans and the Canadian Coast Guard Minister Bernadette Jordan ordered all salmon farms in the region removed by June 30, 2022.

The farms have also been blocked from restocking, starting immediately.The BC Salmon Farmers strongly oppose the decision, which the federal government says was taken in response to calls from local First Nations and environmental groups.

Author: Robert Outram / Fish Farmer | Read the full article here

Young British men are most negative about farmed fish, and they were also among those who know the least about aquaculture, a survey among residents of the United Kingdom, Italy, Spain, France and Germany has revealed.

“Young people between the ages of 18 and 34 eat the least fish and have the most negative perceptions about aquaculture. It is therefore most interesting for us to reach this particular target group with more information,” said Pirjo Honkanen, research manager at Norwegian aquaculture research institute Nofima.

Source: fishfarmingexpert | Read the full article here

Organic pacific oyster producer, Angel Seafood, has reported a net profit of AUS$719,000 for the six months to 31 December after shifting its focus from restaurants to retail amid Covid-19 pandemic shutdowns.

The South Australian company’s 74% increase in post-tax profit follows record half-year sales of 5.1 million oysters, up 55% on the first half of 2020, generating revenues of AUS$3.8 million.

Founder and chief executive, Zac Halman, said the latter half of 2020 was a period of ‘significant progress and development’ for the company.

Source: Worldfishing | Read the full article here