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Other media | Fishfarmingexpert: Atlantic Sapphire raises £27.5m in private placement

UNITED STATES
Friday, March 01, 2024

Florida land-based salmon farmer Atlantic Sapphire has raised NOK 369 million (£27.5m / US $34.8m) in a private placement of more than 307 million new shares at a price of NOK 1.20.

The company said problems with gender maturation leading to poorer price achievement meant that it needed more money and prompted the share issue.

Existing investors who bought new shares included Norwegian salmon farmer Nordlaks, which was awarded shares equivalent to a total subscription amount of almost NOK 52.2m.

Source: Fishfarmingexpert | Read the full article here


IN BRIEF - Salmon Trout Wins Gold at the PYME Awards 2025

ARGENTINA
Thursday, December 04, 2025

The Patagonian company dedicated to responsible rainbow trout aquaculture took home the highest honor in the competition organized by Banco Galicia and Clarín.

The firm Salmon Trout, which operates in the Limay River basin in Patagonia (Río Negro and Neuquén provinces), was crowned the winner of the PYME Gold Award in the eighth edition of the prestigious awards.

The company had previously won in the "Industrial SME" category. It was subsequently chosen from among the winners of the other categories to receive the main recognition, which highlights its sustainable and scalable business model.

Salmon Trout is dedicated to the responsible cultivation of rainbow trout, focusing on animal welfare, environmental care, and local job creation. Its mission is to position Argentine aquaculture in demanding national and international markets.

Upon receiving the distinction, Gabriel Morales, founder, president, and general director of Salmon Trout, highlighted the company's trajectory:

"I come from the academic world: [...] step by step we managed to turn an idea into an industrial model that is now flourishing and scaling up," he stated.


IN BRIEF - Conclusion of Key Jumbo Squid Study: Advances in Growth and Migration

CHILE
Thursday, December 04, 2025

The Biological Study Program of the Jumbo Squid (Dosidicus gigas) in non-fishery sectors, financed by the UNDP and executed by IFOP, has successfully concluded. Its results, disseminated in Valparaíso, are crucial for the Chilean artisanal fishery.

The two-year project collected information from Arica to Biobío, focusing on growth and migration.

Project Milestones

The project leader, Karen Belmar, highlighted two achievements:

  1. Age Estimation: The understanding of the squid's age was significantly improved.

  2. Unprecedented Tagging: 18 transmitters were attached, revealing patterns of horizontal and vertical movements and characterizing the species' environment.

Strategic Value

Juan Santibáñez (Subpesca/GEF Humboldt II) described the study as "highly relevant" since the squid fishery is 100% artisanal with great projection, contributing significantly to exports and social benefits.

Alejandro Gertosio (Humboldt II) emphasized that the use of innovative technology and the data obtained on growth and migration are a "major finding" that will optimize the fishery management of Dosidicus gigas in Chile.


IN BRIEF - Ningbo-Zhoushan Port Joins Elite 'Super Ports' Club: Annual Throughput Hits 40 Million TEUs

CHINA
Thursday, December 04, 2025

Ningbo – Ningbo-Zhoushan Port officially achieved a historic milestone on December 2nd, with its annual container throughput surpassing 40 million TEUs for the first time. This achievement elevates it to the status of a global "super port," making it only the third port in the world, and the second in China (after Shanghai and Singapore), to reach this significant volume.

The record-breaking container was handled at the Meishan Port Area, where an autonomous truck smoothly transferred the cargo onto the "COSCO Shipping Centaur" vessel.

Key Highlights:

  • Global Rank: Third globally, after Shanghai and Singapore.

  • Economic Impact: The milestone underscores the port's "hardcore" strength in connecting global supply chains and highlights the robust resilience of the Chinese economy and its foreign trade sector.

  • Decade of Growth: This landmark caps a decade of rapid expansion. The port's container throughput first exceeded 20 million TEUs in 2015, following its substantial integration.

  • Technological Edge: The port leverages advanced technology, with Ningbo Customs collaborating closely on smart customs and port operations to ensure efficiency and world-class supervision.

This development is hailed as a "legend" of rapid growth, cementing Ningbo-Zhoushan Port's role as a vital hub for international commerce.


Other Media | Fish Farmer: Mount Fuji salmon company issues 'extraordinary update'

JAPAN
Thursday, December 04, 2025

Proximar Seafood, the Norwegian owned salmon farmer which has built a large land facility at the foot of Mount Fuji, Japan, last night issued an “extraordinary production update” to say that fish growth was picking up.

The company said the biomass at the end of last month was 1,800 tonnes.

The company is pleased to report that the biomass uptick has continued, reaching 1,804 tonnes at the end of November. Hence, Proximar reiterates the goal of reaching 2,000 tonnes in biomass by the end of 2025.”

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


Other Media | SalmonBusiness: Land-based pioneer hits main contractor with $100 million compensation demand

NORWAY
Thursday, December 04, 2025

Billion-krone battle at Andøya as Andfjord Salmon moves against main contractor.

Andfjord Salmon has submitted a claim exceeding NOK 1 billion ($99.0 million) against its main contractor, AF Hæhre & Contur Ans, alleging gross negligence and wilful breach of contract during the construction of the company’s land-based facility at Kvalnes, Andøya.

The company said the claim reflects previously communicated budget increases, including the NOK 500 million ($49.5 million) capex revision announced on 28 May, as well as earlier adjustments. According to Andfjord Salmon, the contractor recommended the construction methods used but failed to deliver the work within the agreed cost framework.

Source: SalmonBusiness | Read the full article here


IN BRIEF - Primorye Exports Over 162,000 Tons of Herring to China

RUSSIAN FEDERATION
Thursday, December 04, 2025

Primorye Krai has significantly boosted its seafood exports, with over 162,200 tons of herring shipped to China between January 1 and November 28, 2025.

The Primorsky branch of "APK NATSRYBA," an organization under Rosselkhoznadzor, confirmed that a total of 397 shipments met all required safety standards and regulations of importing nations. Specialists assessed the safety of the products, issuing compliance certificates for all batches.

  • China: 314 batches, totaling over 162,200 tons.

  • Republic of Korea: 83 batches, totaling 24,200 tons.

The exported herring was sourced from the Sea of Okhotsk and the West Bering Sea zone. This substantial volume highlights Primorye's vital role in supplying seafood to Asian markets.


IN BRIEF - Brazilian Tilapia Prices Climb Across Regions

BRAZIL
Wednesday, December 03, 2025

Tilapia prices in Brazil rose across all monitored production centers during the last week of November (24-28), reflecting a market with a slight upward trend fueled by firm demand.

According to a Cepea survey, price increases varied locally based on supply and demand dynamics:

  • Northern Paraná, a major producing region, registered the highest price at R$ 10.02/kg (approximately US$ 2.05/kg), despite a minor weekly increase of 0.09%.

  • The Triângulo Mineiro/Alto Paranaíba region saw the largest weekly surge, jumping 0.47% to R$ 9.38/kg (approximately US$ 1.92/kg).

  • Prices in other key areas:

    • Great Lakes region: R$ 9.10/kg (US$ 1.86/kg), up 0.20%.

    • Morada Nova de Minas: R$ 9.14/kg (US$ 1.87/kg), up 0.35%.

    • Western Paraná: R$ 8.82/kg (US$ 1.80/kg), up 0.24%.

The data underscores a continuous positive variation in the tilapia market as the month concluded.


IN BRIEF - Norway abandons deep-sea mining in the Arctic until at least 2029

NORWAY
Wednesday, December 03, 2025

The Deep Sea Conservation Coalition (DSCC) welcomes the decision by the Norwegian Parliament to stop all plans for deep-sea mining in Arctic waters until the current parliamentary period ends in fall 2029. During this time, no exploration or exploitation licenses will be issued. The decision also cuts funding for government mineral mapping, which is essential to the development of the deep-sea mining industry. 

Sofia Tsenikli, DSCC Global Campaign Director, said: "This is a major win for the ocean, climate and nature. Norway’s decision to halt all deep-sea mining exploration and exploitation is another nail in the coffin for the unnecessary, reckless, and highly destructive industry. A moratorium is the best way to ensure the deep ocean, and the benefits it provides us all, are safeguarded for generations to come” 

Until now, Norway has been a strong proponent of deep-sea mining, both in its national waters and in international waters at the International Seabed Authority (ISA). This decision aligns with overwhelming scientific advice and is a major blow to the nascent industry’s efforts to gain momentum. 

The DSCC calls on Norway and the wider international community to join the 40 countries already taking precautionary action, and to formally support a global moratorium/precautionary pause to protect the deep ocean from irreversible harm. 


IN BRIEF - Dramatic Overnight Rescue at French Pass

NEW ZEALAND
Wednesday, December 03, 2025

Marlborough Sounds – Five crew members were dramatically rescued from rocks at French Pass in the Marlborough Sounds last night after their fishing vessel ran aground, prompting a challenging, 12-hour operation by Coastguard volunteers.

Source: Coastguard Nelson

Maritime NZ’s Rescue Coordination Centre was alerted around 11:30 pm Tuesday. Coastguard Nelson reported that one person was thrown overboard, but all five crew managed to reach the safety of the rocks, though they were "very cold."

The rescue vessel, Sealord Rescue, arrived around 2:30 am. Its crew had to contend with French Pass’ notoriously strong currents to maneuver close enough for a safe retrieval. Coastguard Nelson skipper Steve King praised the team's "certainly put to the test" vessel handling skills during the intense operation.

The skipper and engineer, along with a Coastguard volunteer, were placed back on the fishing vessel to prepare it for towing. Sealord Rescue then successfully towed the disabled boat to Croisilles Harbour for damage assessment by divers.

The coordinated team effort, which concluded just before 1 pm Wednesday, was widely praised. A special thank you also went to the staff of Nelson's Styx Restaurant for delivering hot bacon and egg butties to the returning, weary crew.


IN BRIEF - Indonesia Revitalizes 20,000 Ha of Coastal Fish Ponds for Food Security

INDONESIA
Wednesday, December 03, 2025

The Indonesian Ministry of Marine Affairs and Fisheries (KKP) has secured management rights for approximately 20,413 hectares of forest land, previously used for illegal fish farming, to implement President Prabowo Subianto's priority food security program.

The revitalization targets areas across four regencies in the North Coast (Pantura) of West Java: Bekasi, Karawang, Subang, and Indramayu.

Key Program Details:

  • Focus: Transforming unproductive land into high-value, sustainable, and environmentally friendly aquaculture zones.

  • Species: The initiative will prioritize tilapia cultivation, chosen for its suitability to the Pantura environment.

  • Environmental Measures: Each site will be equipped with a Wastewater Treatment Plant (IPAL) and natural filter vegetation zones to preserve the marine ecosystem, while the land retains its official forest status.


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