Barramundi Group Ltd. (“the Company”) (EURONEXT: BARRA) – Reference is made to the stock exchange notice dated 5 February 2025 regarding the Company’s application for an extension of the Moratorium Order.
The High Court of the Republic of Singapore (“the Court”) has on 19 February 2025, under section 64 of the Insolvency, Restructuring and Dissolution Act 2018 (“IRDA”), granted the Company a three-month extension of the Moratorium Order from 11 February 2025 to 11 May 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.
Companies based in Mercamadrid sold a total of 3.6 million tons of fresh food in 2024, which represents a 4% increase compared to 2023. The sale of fish and seafood, with 149,540 tons, represents a 9% decrease “reflecting the downward consumption trend for this type of product”. For its part, the meat sector, which leads the growth in fresh products with 942,615 tons sold, registered an increase of 10%; while the fruit and vegetable sector remains stable, with 2,132,211 tons (-0.2%).
Source: iPac.acuicultura l Read the full article here
The Chinese city of Guiyang, the capital of the southwest province of Guizhou, has launched a new air cargo service directly linking the metropolis of nearly 6 million people with the Bangladeshi capital of Dhaka.
Operated by Tianjin Air, the service will operate five flights a week with a stop in Yangon, the capital of Myanmar.
This move follows China’s 2024 decision to grant tariff-free access to imports from Bangladesh and helps the latter country’s seafood sector carry out plans to reduce its reliance on Western export markets.
Author: Mark Godfrey / SeafoodSourcer l Read the full article here
Grieg Seafood announced today that it is scaling back its investment in Canada as losses continued to mount for the group.
Grieg said that political uncertainties and operating conditions had triggered impairment of its Canadian assets, totalling NOK -1.7 bn ( a loss of around £121.5m). It now intends to curtail growth and investment in Newfoundland and put strategic investments on hold in British Columbia.
Presenting its 2024 fourth quarter results, the company now plans to concentrate on Norway, where results are far more sound.
Author: Vince McDonagh / Fish Farmer l Read the full article here
Brazilian Fish, a leading tilapia producer, has announced a pioneering move into genomic technology, leveraging genome editing to accelerate genetic improvements in farmed tilapia.
In partnership with the U.S.-based Centre for Aquaculture Technologies (CAT), Brazilian Fish aims to enhance disease resistance, feed efficiency, and growth rates in commercially farmed Nile tilapia .
The collaboration with CAT, a global leader in aquaculture genetics, positions Brazilian Fish at the forefront of innovation in tilapia farming. By integrating advanced breeding technologies, the company aims to enhance efficiency and competitiveness in Brazil’s aquaculture sector, setting a new benchmark for tilapia production.
Source: The Fish Site l Read the full article here
Despite China's blanket ban on Japanese seafood imports, Japan achieved a record high in food exports for the twelfth consecutive year in 2024, driven by increased sales to the United States and other markets, reports Nippon.com.
Japan's exports of agricultural, forestry, and fishery products and foodstuffs rose by 3.7% year-on-year to ¥1.51 trillion (approximately $10.1 billion USD based on average 2024 exchange rates). This milestone marks the twelfth consecutive year of record-breaking export figures. China's import suspension, implemented in August 2023 in response to the release of treated water from the Fukushima Daiichi Nuclear Power Station, significantly impacted exports to Chinese ports. However, Japan successfully mitigated this shortfall through robust sales to the United States and other regions. While exports continue to rise, achieving the government's 2025 target of ¥2 trillion (approximately $13.4 billion USD) appears challenging.
Fishery Export Performance
Overall fishery exports experienced a 6.3% decline due to import restrictions in China and Hong Kong. Nevertheless, successful efforts to diversify scallop markets resulted in a 0.9% increase in sales, maintaining scallops as the top exported fishery product with a value of ¥69.5 billion (approximately $465 million USD).
Most of the cetaceans are still alive and several rescue teams are trying to return them to the sea
A total of 157 whales, of which 136 are still alive, have been stranded on a remote beach in the northwest of Tasmania, an island south of Australia, where today rescue teams are trying to return them to the sea.
A team made up of veterinarians who are experts in wild animals and marine conservationists are in the area where the whales have been stranded, near the Arthur River, the Tasmanian Department of Natural Resources and Environment reported in a statement.
Source: La Voz de Galicia l Read the full article here
The Joint Commission of the treaty ratifies the distribution of sole and Norway lobster: Spain will keep 90.4 and 30.4 tons, respectively
Spain and Portugal have expressed their commitment to continue advancing in cooperation, exchange of information and control to guarantee compliance with the technical measures, biological bans and fishing schedules established by each country, within the framework of the application of the current fishing agreement between the two Iberian states, signed in 2021, and whose balance is "very positive", as highlighted by the Secretary General of Fisheries, Isabel Artime, within the framework of the meeting of the joint commission of the agreement, held in Matosinhos, Portugal. Cláudia Monteiro de Aguiar, Secretary of State for Fisheries of Portugal, also participated in the meeting.
Source: Fishing Industries l Read the full article here
Growth and Increased Attendance Mark the Return of the Unified Event
Visitor numbers rose by 30% compared to the 2024 edition. With over 110 exhibitors, 20 conference sessions, and more than 150 speakers, the success of the 2025 edition was firmly established.
The 8th edition of AquaFarm concluded on a high note, marking the successful return of the unified event alongside NovelFarm and AlgaeFarm—now in their 6th and 4th editions, respectively—under one banner at the Pordenone Exhibition Centre.
SHM Solutions and Kort Propulsion announce strategic partnership.
SHM Solutions has entered into a strategic partnership with UK-based Kort Propulsion, expanding its product offerings to include thrusters and propulsion systems under the SHM brand. The collaboration aims to provide integrated equipment solutions for a wide range of vessels worldwide.
Kort Propulsion, which has over 90 years of experience in propulsion technology, sees the partnership as an opportunity to extend its market reach and enhance service capabilities.
Source: SalmonBusiness l Read the full article here
Puerto Madryn Leads Squid (Illex) Landings at the Start of the Season Argentina
On February 4, 2025, the Almirante Storni pier in Puerto Madryn recorded a squid (Illex argentinus) landing volume of 16,322 tons, representing 59.1% of the national total. This data underscores Puert...
Elver Gold Rush: Court Battles Erupt Over Maritime Eel Quotas Canada
Industry Disputes DFO's "Precautionary Approach" Amidst Management Changes
A group of licensed elver fishing companies has once again initiated legal action against the federal Department o...
Ecuador Begins Exporting Canned Tuna to China Ecuador
Ecuador has started exporting canned tuna to China after these became tariff-free thanks to the trade agreement between both countries that came into force last year, as reported this Friday, February...
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SINGAPORE
The High Court of the Republic of Singapore (“the Court”) has on 19 February 2025, under section 64 of the Insolvency, Restructuring and Dissolution Act 2018 (“IRDA”), granted the Company a three-month extension of the Moratorium Order from 11 February 2025 to 11 May 2025. Any further extension shall be applied for and granted at the discretion of the Court.
SPAIN
Companies based in 
CHINA
The Chinese city of Guiyang, the capital of the southwest province of Guizhou, has launched a new air cargo service directly linking the metropolis of nearly 6 million people with the Bangladeshi capital of Dhaka.
CANADA
Grieg Seafood 
BRAZIL
Brazilian Fish
JAPAN
AUSTRALIA.png)
A total of 157 whales, of which 136 are still alive, have been stranded on a remote beach in the northwest of Tasmania, an island south of Australia, where today rescue teams are trying to return them to the sea.
PORTUGAL.png)
Spain and Portugal have expressed their commitment to continue advancing in cooperation, exchange of information and control to guarantee compliance with the technical measures, biological bans and fishing schedules established by each country, within the framework of the application of the current fishing agreement between the two Iberian states, signed in 2021, and whose balance is "very positive", as highlighted by the Secretary General of Fisheries, Isabel Artime, within the framework of the meeting of the joint commission of the agreement, held in Matosinhos, Portugal. Cláudia Monteiro de Aguiar, Secretary of State for Fisheries of Portugal, also participated in the meeting.
ITALY.png)
Visitor numbers rose by 30% compared to the 2024 edition. With over 110 exhibitors, 20 conference sessions, and more than 150 speakers, the success of the 2025 edition was firmly established.
UNITED KINGDOM
SHM Solutions and
