IN BRIEF - Fish farm on Cape Breton reserve pairs up with Cooke Aquaculture
CANADA
Friday, July 19, 2019
The We'koqma'q First Nation in Cape Breton is partnering with fish farming giant Cooke Aquaculture to help with the sales and marketing of the reserve's Bras d'Or Lakes steelhead trout.
Since 2011, a trout farm has been in operation at the reserve. Chief Rod Googoo said it has grown to have more than 50 people work at the fish farm, hatchery and processing plant. The operation has about 60 cages in the Bras d'Or Lakes.
"We started off small and we gradually built up steam and we got bigger and we got better at what we do, and we did it over a short period of time," said Googoo, who estimates they will harvest between CAD 10-12 million of fish in 2019.
The National Commission of Aquaculture and Fisheries (Conapesca) has announced the start of the fishing ban periods for all shrimp species in the Gulf of Mexico and the Caribbean Sea.
This measure, based on technical criteria from the Mexican Institute for Research in Sustainable Fisheries and Aquaculture (IMIPAS), aims to ensure the reproduction and sustainability of the resource.
The restricted zones include:
From the border with the United States, in Tamaulipas, to the Coatzacoalcos River, in Veracruz.
The coastal strip of Campeche and Tabasco (specifically for the seven-barbed shrimp).
The area of the Contoy fishing grounds, in Quintana Roo.
Furthermore, a permanent ban is maintained in the marine strip from 0 to 20 nautical miles from Isla Aguada, Campeche, to the border with Belice, covering lagoons and coasts of the Yucatán Peninsula. Authorities warn that failure to comply with these regulations will result in sanctions established by current law.
Spain has established itself as the leading producer of farmed fish in the European Union (EU), contributing 25% of the total volume.
According to data from the Ministry of Agriculture, Fisheries and Food (MAPA) analyzed at the Aquaculture Business Conference, the Spanish sector recorded an annual growth of 1.4%, contrasting with the 4% decline experienced across the rest of the community bloc.
Aurora de Blas (pictured), Director General of Fisheries Management and Aquaculture, highlighted that "one out of every four tons" produced in the EU originates from Spanish facilities. According to the industry association Apromar, national production reaches 268,000 tons annually, standing out not only for its volume but also for its species diversity.
With more than 5,000 establishments, the sector is key to territorial cohesion and the maintenance of rural communities. Looking ahead, the Government is promoting the EsAcui 2021-2030 strategy, focused on regulatory simplification, the effective use of funds, and the reinforcement of animal welfare as competitive pillars for the close of the 2024 fiscal year and beyond.
The company strengthens its aquaculture expansion in Latin America with a focus on innovation.
Ace Aquatec Chile SpA announced the appointment of Gonzalo Eduardo Boehmwald Trigo as General Manager for Latin America (LATAM), with the goal of strengthening its management team and consolidating its growth in the region's aquaculture markets.
In this role, Boehmwald will lead the company's regional expansion, deepen relationships with strategic clients, and head the commercial execution of Ace Aquatec's equipment and service offerings in Latin America.
It calls on the Commission to take legal or trade action against them
Although the European Commission has a legal tool to adopt trade measures against third countries that unilaterally allocate fishing quotas, ignoring scientific recommendations, it has not yet applied it.
This happens year after year with Norway, the Faroe Islands, Iceland, and the United Kingdom, which independently agree on quotas for mackerel or blue whiting, even disregarding the scientific recommendations that the 27 member states usually follow.
Source: La Voz de Galicia | Read the full article here
Vigo, Spain-based Nueva Pescanova announced a EUR 283 million (USD 331 million) capital increase, which it said will reduce its leverage to aid growth.
The company said its principle shareholder, ABANCA, will subscribe to EUR 279 million (USD 326 million) of the capital increase. The increase also includes the option for minority shareholders to participate through cash contributions
The additional funding comes in the wake of Nueva Pescanova returning to profitability in FY 2025. The company posted a profit of EUR 1.1 million (USD 1.3 million) for the year as the recovery plan it implemented in 2023 began to bear fruit.
Author: Chris Chase / SeafoodSource | Read the full article here
The Nor-Fishing Foundation, organiser of the Aqua Nor trade fair, has entered a long-term partnership with Arctic Securities to develop the event’s professional programme, according to a statement released Monday.
The agreement runs through 2031 and follows an earlier collaboration during last year’s exhibition, where a joint finance-focused seminar attracted more than 300 participants and generated waiting lists.Under the new arrangement, the parties plan to expand the seminar into a dedicated platform aimed at investors, policymakers and industry executives, with a focus on capital markets, global trends and long-term growth opportunities in aquaculture.
Source: SalmonBusiness | Read the full article here
Aquabyte has launched a new camera solution for aquaculture that combines feeding, health monitoring, biomass calculation, and automatic lice counting in one unit.
"With Hydra 360, which is the name of our new camera solution, we are taking a serious step into AI-assisted feeding," Aquabyte's chief commercial officer, Thomas Fekete Rønningen, said at the HavExpo 2026 trade show on the outskirts on Bergen.
Combined with the feeding product that the company launched at Aqua Nor 2025, Aquabyte believes its all-in-one Hydra 360 will be able to replace all types of cameras used in aquaculture – including the feeding camera - and cover all data collection needs in today's and tomorrow's aquaculture.
Source: fishfarmingexpert | Read the full article here
The Tuvalu Fisheries Authority (TFA) has officially secured a Grant Funding Contract with New Zealand’s Ministry of Foreign Affairs and Trade (MFAT).
This agreement marks the beginning of the Tuvalu Fisheries Support Programme Phase 3 (TFSP3), a strategic initiative aimed at bolstering the nation's economic and food security.
The contract allocates a total budget of NZ$10.9 million (approximately US$6.6 million) over a five-year period. To ensure the program's success, MFAT will also provide two long-term technical advisers to work alongside local teams.
Key Objectives of TFSP3
Sustainable Management: Optimizing oceanic fisheries revenue while protecting marine resources.
Institutional Strengthening: Enhancing financial management, human resources, and governance for the Board of Directors.
Asset Maintenance: Restoring operational readiness for the fisheries vessel Manaui II.
Local Growth: Supporting community fishing and marketing initiatives.
TFA Managing Director Sam Finikaso expressed deep gratitude for New Zealand’s decade-long partnership, emphasizing that this phase is critical for the long-term resilience of Tuvalu’s fisheries sector.
The Fisheries Development Institute (IFOP) begins a new chapter under the leadership of Luis Parot Donoso, who returns as Executive Director following his previous tenure between 2018 and 2022.
Parot, a Fisheries Engineer from the Pontificia Universidad Católica de Valparaíso (Class of 1973) and holder of an MBA, possesses an extensive professional background in the Valparaíso Region, where he held prominent leadership roles in the municipalities of Viña del Mar, Valparaíso, Villa Alemana, and Zapallar.
After serving on the institution's Board of Directors between 2013 and 2014, he takes on this challenge with a focus on aquaculture, fisheries, and climate change. Despite a complex financial outlook, Parot emphasizes the urgent need to improve the quality and relevance of research in Chile. To achieve this, he aims for close collaboration with the Undersecretariat of Fisheries, seeking to strengthen the technical advisory services the agency provides to the State of Chile while fostering a work environment built on unity and scientific excellence.
ABANCA and the Foundation Cluster for the Conservation of Seafood Products (FUNPROMAR) have renewed their strategic alliance to promote the dissemination of the sea-industry sector.
The agreement was signed in Vigo by Roberto Alonso, legal representative of the Foundation, and Lino Comesaña, Institutional Business Director of ABANCA in Galicia, Northern Spain, and Portugal.
Key Points of the Agreement:
Colloquium Cycle:3 public sessions will be organized in the city of Vigo.
Themes: Industrial history, sustainability, innovation, and socio-economic value.
Objective: To bridge the gap between the business world and the public, highlighting the sector's role in food supply and employment.
This collaboration reaffirms the commitment of both entities to the competitiveness of the business framework in Galicia. Through this partnership, they aim to position financing as a key lever for economic progress and social well-being, strengthening the image of an industry essential to the region's development.
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