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IN BRIEF - Fisheries eyeing China as an ideal market: MD

PAPUA NEW GUINEA
Wednesday, February 21, 2024

The National Fisheries Authority (NFA) sees China as an ideal market for Papua New Guinea to take advantage of and open.

Managing director Justin Ilakini said trade with the Chinese market would favorably impact the development of PNG's non-tuna sector.

Ilakini said that while the European Union remains a key market in terms of value and quantity, greater returns are being seen in the tuna industry.

However, 98 percent of the people who participated were engaged in other fishing activities, such as fishing coastal and continental or aquaculture.

Ilakini also noted some stagnation in investment in the country's tuna industry over the past eight years for reasons beyond his control.

He said there has been a slow but strong indication of investment interest, especially with the return of ships.

He attributed this positive step to the government addressing policy and regulatory constraints.

"Those are positive signs, but when it comes to investing, it takes time to slowly build trust," he said.

"Currently, we have about 200 fishing companies at various levels and various sectors; and bringing aquaculture in terms of farmers, there are thousands."

Ilakini said the fishing sector is currently valued at around K5 billion in terms of money generated.

Source: The National


IN BRIEF - Nordic Aqua Partners excited by the results in China

NORWAY
Wednesday, February 21, 2024

Have carried out their first test slaughter

Nordic Aqua Partners is out with its Q4 report, but also has exciting news from the current quarter.

The company reports the following highlight:

  • Test slaughter now in mid-February of 5.0 kg (live weight) salmon. Calling the quality "excellent"
  • Good fish health and welfare; <1.6% mortality and no signs of sexual maturation
  • Good operational and biological performance for all batches
  • Biomass production in Q4 of 469 tonnes, total biomass of 1,079 tonnes at the end of the quarter
  • The fish ready for first slaughter in March have an average weight of 4.6 kg (live weight) in mid-February
  • Phase 1 CAPEX completed according to plan and budget
  • New group CFO and group MD employed in China
  • Available liquidity of EUR 37.7 million as at 31.12.23

"Nordic Aqua experienced good operational erformance in the fourth quarter with the completion of construction work for Phase 1 according to the plan and budget2", they write in the Q4 report.

The biological performance is reported to be good for all batches - and the fish show strong growth, a mortality rate of less than 1.6% and no signs of sexual maturation.

Source: LandbasedAQ (translated from original in norwegian)


IN BRIEF - Quang Nam develops logistics services for offshore fishing, combat IUU fishing

VIET NAM
Wednesday, February 21, 2024

Developing logistics services for offshore fishing is a key solution that the central province of Quang Nam will implement this year to fight illegal, unreported and unregulated (IUU) fishing and promote sustainable fisheries development.

Quang Nam (VNA) – Developing logistics services for offshore fishing is a key solution that the central province of Quang Nam will implement this year to fight illegal, unreported and unregulated (IUU) fishing and promote sustainable fisheries development.

According to Tich, the provincial administration has invested thousands of billions of VND to renovate and upgrade Tam Quang and Tam Giang fishing ports in Nui Thanh district, Hong Trieu fishing port in Duy Xuyen district, Tam Phu fishing wharf port in Tam Ky city, and Thanh Ha port in Hoi An city. In 2024, hundreds of billions of VND will be invested in phase two of the expansion of An Hoa fishing port and logistics service complex.

In addition, the province has been encouraging the development of offshore services such as fuel and food supply or seafood purchasing as measures to develop a modern marine industry.  

Towards the goal of catching 195,000 tonnes of all kinds of seafood in 2024, the province is accelerating a programme on upgrading fishing vessels’ capacity and equipping all offshore vessels with Icom and GPS satellite navigation devices.


Other Media | EuropaAzul: The EU approves the first carbon removal certification system

EUROPEAN UNION
Wednesday, February 21, 2024

The EU has approved the first carbon removal certification system – In order to achieve climate goals, the European Union has announced the approval of the world's first carbon removal certification system. This historic framework, agreed yesterday, February 20, 2024, aims to establish clear and reliable standards for quantifying, tracking and verifying carbon removal, a key step towards climate neutrality in 2050. The agreement also includes marine carbon removal, opening up the possibility for seaweed farmers and other aquaculture activities to benefit from voluntary certification.

Source: EuropaAzul | Read the full article here


Other Media | Industrias Pesqueras: Concern in the French fleet over possible new closures in the Bay of Biscay

FRANCE
Wednesday, February 21, 2024

Yesterday, Tuesday, February 20, the fishing ban for professionals in the Bay of Biscay ended. All boats over 8 meters can now resume normal activity. However, the Committee National des Pêches Maritimes et des Elevages Marins (CNPMEM), which brings together the French fleet, has stated that "concerns continue for the sector", explaining that "it is exposed to a renewal, or even a expansion of these closures". In this sense, the CNPMEM conveyed its discomfort to the Government for "the slowness of public authorities in validating compensation agreements", a fact that it considers "unacceptable."

Source: IndustriasPesqueras | Read the full article here


Other Media | SalmonExpert: BioMar announces the Farmer of the Year 2023

CHILE
Wednesday, February 21, 2024

Through a press release, BioMar announced who will be recognized this year as the Farmer of the Year, according to the productive results obtained in 2023. This award, which has already been held for seven years, since 2017, seeks to make visible the work carried out by the teams of the production centers fed with BioMar diets, to achieve increasingly efficient salmon farming.

A low feed conversion ratio is the main indicator of efficient aquaculture and, therefore, the first step towards sustainable salmon farming.

Source: SalmonExpert | Read the full article here


Other Media | FishFarmer: Arctic Fish hits 2023 record despite escape crisis

ICELAND
Wednesday, February 21, 2024

Iceland’s Arctic Fish produced an operational profit or EBIT of €3.2 million (£2.7m) in 2023, the first full year under Mowi ownership.

This was in spite of serious escape issues during the summer which led to a backlash in Iceland against open pen salmon farming.

The company said the financial biological performance improved somewhat after a very challenging third quarter when the escapes took place.

Author: Vince McDonagh / FishFarmer | read the full article here


Other Media | SeafoodSource: Fuel costs, sales declines, and increased competition hinder South African fishing company I&J's profits in 2023

SOUTH AFRICA
Wednesday, February 21, 2024

Cape Town, South Africa-based seafood company Irvin & Johnson (I&J) experienced a challenging back half of 2023, with a dip in fish sales, soaring fuel prices, and intensifying competition in the international seafood market all contributing to the poor performance.

The company said in its FY 2023 results that fuel costs plagued the company, as it heavily engages in fleet management activities. Between 2022 and 2023, the company attempted to improve the fuel efficiency of its fishing fleet through modernizing the fishing gear and sensors it used, enforcing speed limits to and from fishing grounds, and increasing the monitoring of fuel usage.

Author: Shem Oirere / SeafoodSource | read the full article here


IN BRIEF - The fishing sector requests a meeting with Minister Planas and will join the demonstration planned in Madrid on February 26

SPAIN
Tuesday, February 20, 2024

The Spanish fishing, aquaculture and specialized food trade sector 1 has asked Luis Planas, Minister of Agriculture, Fisheries and Food, for a meeting to present the concerns of the companies and workers that make it up, and that the organizations that they represent have been compiled during the intense internal meetings held in recent weeks in the face of the “future crisis” that the Spanish and European primary sector is going through.
 
 
The sector, which has already publicly expressed its support for the demands of Spanish farmers and ranchers, confirms that it will join the Madrid demonstration on the 26th, coinciding with the Council of EU Ministers (Agrifish).
 
The producing sector and the trade specialized in fishery products want to reinforce before Planas the common demands with farmers and ranchers, specifically against the environmentalist obsession of the European Commission (EC), the administrative complexity, the unfair competition from third countries and the lack of incentives to push the generational change. Likewise, it wants to draw attention to the most genuine challenges of its activity, such as the dramatic drop in fish consumption or the Government's indifference to repeated requests for VAT reductions to provide incentives.

IN BRIEF - Falkland Islands dispute is causing fishing ‘free-for-all’ in nearby Blue Hole

FALKLAND ISLANDS
Tuesday, February 20, 2024

Warning that soaring number of vessels threaten fish stocks and environment as geopolitics prevents agreement to regulate area

The scale of unregulated fishing in a disputed region close to the Falkland Islands has reached an “overwhelming” level that is threatening fish populations and the rich biodiversity of the area, politicians and environmentalists have claimed.

The “Blue Hole”, a stretch of the south Atlantic Ocean lying approximately 200 miles off the coast of Argentina and north of the Falkland Islands, is one of the only areas of sea that is not covered by a regional fishing agreement.

This has created a free-for-all, experts say, where fishing fleets can trawl the ocean, largely free from regulation or oversight. The number of vessels operating in the area has soared in recent months. According to routine monitoring carried out by the government of the Falkland Islands, at the end of January, more than 400 vessels were fishing in the Blue Hole. At the end of November, only 80 vessels had been observed.

“This overwhelming unregulated activity is disastrous,” said Teslyn Barkman, a member of the Falklands legislative assembly. “It’s unreported, unrestricted but legal due to a lack of regional agreement as to how the area should be managed.”

Most of the ships were Chinese, the government said, with many turning their trackers off when entering the area, which made their activities difficult to quantify.[...]

Author/souce: Sam Meadows/The Guardian


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