Barramundi Group Ltd. (“the Company”) (EURONEXT: BARRA) – Reference is made to the stock exchange notice dated 25 April 2025 regarding the Company’s restructuring update and application for an extension of the Moratorium Order.

The High Court of the Republic of Singapore (“the Court”) has today, under section 64 of the Insolvency, Restructuring and Dissolution Act 2018 (“IRDA”), granted the Company a two-month extension of the Moratorium Order from 11 May 2025 to 11 July 2025.

Any further extension shall be applied for and granted at the discretion of the Court. Further updates will be provided as the restructuring process progresses.

Further updates will be provided as the restructuring process progresses.

Microsoft Corp. has teamed up with NOAA Fisheries to develop an artificial intelligence (AI) model that forecasts how changes in river flows affect salmon habitat in the Columbia River Basin.

The two-year collaboration, led by Morgan Bond of NOAA's Northwest Fisheries Science Center, aims to modernize habitat assessment using satellite imagery and cloud computing.

As part of its AI for Good Lab, Microsoft is providing $5 million in Azure cloud credits and technical support to analyze high-resolution imagery. This approach replaces traditional field-based studies, enabling faster, more cost-effective evaluations across a much larger scale.

The AI model will help fisheries managers see in near real-time how water flow variations alter available salmon habitat. A key goal is to assess the actual impact of restoration efforts, such as securing water rights, by predicting how much habitat is gained per investment.

“This tool helps us identify where small changes in flow could make a big difference,” Bond said. “It’s about maximizing restoration outcomes.”

Microsoft’s Chief Data Scientist Juan Lavista Ferres noted the broader significance: “Protecting wild salmon runs is vital to the region. Our technology can help NOAA better understand water dynamics and support sustainable fish populations.”

The project represents a major step in aligning cutting-edge tech with ecosystem recovery, providing actionable insights to improve salmon restoration strategies throughout the basin.

South Korea’s Ministry of Food and Drug Safety (MFDS) has announced the full implementation of an Electronic Sanitary Certification (E-Cert) system for seafood imports originating from Peru, marking a significant step toward digitalizing import health documentation.

Effective for shipments departing on or after May 1, 2025, the transition from paper-based to electronic certification follows the completion of a pilot program and aligns with Korea’s broader strategy to adopt blockchain-enabled systems for enhanced traceability, document integrity, and streamlined import procedures.

Key Implementation Details:

• Scope: All seafood products imported from Peru
• Effective Date: May 1, 2025 (date of shipment departure)
• Change: Importers must now input a unique electronic certificate number in place of paper documentation

An MFDS spokesperson highlighted the expected benefits: “This transition will significantly enhance the efficiency, transparency, and safety of Korea’s seafood import controls. Close collaboration with importers and competent authorities in exporting countries will be critical to a smooth rollout.”

Despite a 53% year-on-year decrease in imports from Peru in the first four months of 2025 (4,992 metric tons vs. 10,867 tons in 2024), the country remains Korea’s ninth-largest seafood supplier by volume during that period.

The move is part of Korea’s ongoing efforts to modernize its food safety and logistics infrastructure

Source: Union Forsea Corp.

Despite turmoil in world trade caused by US tariffs, the value of Norwegian seafood exports hit an all time April record last month with salmon again taking the lead.

Norwegian Seafood Council CEO Christian Chramer said the growth was due to increased export volume and rising demand for Norwegian salmon in important markets such as the USA and China.

Norway exported seafood worth NOK 14.3 billion (just over £1 bn) in April. This is an increase of NOK 293 million (£21m), or 2% compared to the same month last year.

Author: Vince McDonagh / Fish Farmer l Read the full article here

Visscher Seafood changes name to reflect Norwegian focus.

Visscher Seafood Group has announced a full rebrand, adopting the name Norwegian Seafood across the parent company and all subsidiaries.

The move follows the group’s acquisition of Norwegian Seafood AS in 2023 and marks a strategic shift toward integration and brand unity across its operations.

The rebrand reflects the company’s growing reliance on Norwegian raw materials and its ambition to position itself more clearly in the global seafood market.

Source: SalmonBusiness l Read the full article here

The Spanish tuna fleet, grouped under OPAGAC, has appointed Silvia Manglano as its new Project Manager. In this role, Manglano will oversee initiatives aligned with the fleet's Code of Best Practices, focusing on minimizing the fishery's impact on the marine ecosystem and ensuring the biological sustainability of tropical tuna. Key projects include the Marine Stewardship Council (MSC) certification.

Manglano holds a degree in Environmental Sciences from the Autonomous University of Madrid, a master's degree in Oceanography and Marine Environment Management from the University of Barcelona, and has completed studies at the Johannes Gutenberg University of Mainz (Germany). She is currently working on her master's thesis at the Institute of Marine Sciences (iMARES), analyzing the feeding patterns of sea turtles and their ecological role in the food web.

Despite her relative youth, OPAGAC's new Project Manager has extensive experience in research projects related to marine biodiversity and forest biomass, as well as in the development of product traceability strategies, such as the Forest Stewardship Council (FSC) certification, and in conducting legislative studies on environmental regulations and sustainability reports.

Reston, VA – The International Coalition of Fisheries Associations (ICFA) is setvto launch a Seafood Nutrition Toolkit in early June that will provide resources for its members tovcommunicate the nutritional benefits of seafood around the globe.

ICFA, a coalition of the national fish and seafood industry associations from the world’s majorvfishing nations, is working together with its counterpart, the Global Seafood Communicatorsv(GSC), a group dedicated to advancing effective communication within the seafood sector, tovconstruct a resource that will assist ICFA and its members in communicating unified messagingvon seafood’s health benefits to a wealth of audiences.

“The toolkit will not only identify existing evidence and known benefits of seafood consumptionvbut will contain messaging to help ICFA reach a common goal: raise public awareness of thevbenefits of eating seafood using correct, science-based messaging,”  GSC Chair Fiona MacMillan, of Seafood New Zealand, said.

The group plans to introduce the toolkit during their panel at Seafood Expo Global on Tuesday, May 6, from 12:15 p.m. to 1 p.m.

“This new resource will be a cornerstone of the work ICFA and GSC do and will support us as we continue to move forward and grow,” ICFA Chair Ivan López Van der Veen said. “With resources like the toolkit, we will be able to not only discuss the topics most important to seafood internally but communicate them publicly.” 

On April 24, 2025, Nichirei Logistics Group entered into a share purchase agreement with Litt Resources Sdn. Bhd. to acquire additional issued shares of our affiliated company, NL Litt Tatt Group Sdn. Bhd. (“NLLTG”).

This acquisition will make NLLTG our consolidated subsidiary. The transaction is expected to be completed in July 2025.

This acquisition builds upon the company's previous investments in Malaysia, beginning with NL Cold Chain Network (M) Sdn. Bhd. (“NLCCN”) in June 2018, followed by an investment in NLLTG in June 2022, and the full acquisition of NLCCN in March 2023. These steps have progressively strengthened the company's integrated storage and transportation services and expanded its Malaysian operations.

The consolidation of NLLTG is aimed at streamlining decision-making and enhancing the company's management structure. This will enable the company to maximize synergies between NLLTG's specialized delivery services and NLCCN's extensive storage capacity, driving further business growth in Malaysia.