IN BRIEF - Glenn Cooke, Co-founder and CEO of Cooke Inc., wrote a letter to Premier Furey requesting the withdrawal of the Federal NMCA
CANADA
Wednesday, December 04, 2024
Cooke Inc. Opposes Proposed NMCA in South Coast Fjords
In a personal letter sent to Premier Furey of the Government of Newfoundland and Labrador Glenn Cooke to protect local industries and the families that rely on them rather than impose restrictive measures that will lead to their demise.
Cooke Inc., a major Seafood Group, is urging the Newfoundland and Labrador government to withdraw from the proposed National Marine Conservation Area (NMCA) in the South Coast Fjords. The company argues that this initiative, spearheaded by the federal government, would have severe negative impacts on local communities and the seafood industry.
The NMCA would restrict fishing and aquaculture activities, jeopardizing the livelihoods of many people who depend on these industries. It would also hinder the growth of the aquaculture sector, particularly salmon farming, which has been identified as a key driver of economic development in the region.
Cooke Inc. emphasizes the importance of sustainable fishing and aquaculture practices and highlights the company's commitment to environmental responsibility. They argue that the NMCA would undermine these efforts and limit opportunities for future growth.
The company urges the provincial government to prioritize the economic and social well-being of coastal communities and to reject the proposed NMCA.
Seeks to Strengthen the Country's Presence in Fishing Grounds and Counterbalance Foreign Fleets
The Argentine Federal Fisheries Council has opened a call for applications to incorporate 18 vessels into the Illex squid fishery. This initiative aims to strengthen the country's presence in Argentine Sea fishing grounds and counterbalance the presence of foreign fleets beyond the 200-mile limit, on the edge of Argentina's Exclusive Economic Zone (EEZ).
Resolution 6-2026 was approved by a majority vote, with the sole dissenting vote coming from Carlos Liberman, representative of the province of Buenos Aires. It has the support of the National Institute for Fisheries Research and Development (INIDEP).
Author: C. Valdez / La Voz de Galicia | Read the full article here
The Ricardo Fuentes Group has successfully completed another bluefin tuna fishing campaign in Balearic waters. The activity, which began this year on May 19, has been carried out “very positively, without incident and with favorable weather conditions that facilitated the fleet's work,” reports the company, which also highly values ??the earlier start of the campaign, which allowed for the completion of fishing and transfer operations sooner.
The campaign has been a success and has allowed for the location of high-quality, large specimens, a fundamental aspect in this type of fishery, which prioritizes the capture of adult tuna for subsequent transfer and fattening in aquaculture facilities.
Source: iPac.aquacultura | Read the full article here
Cermaq is consolidating its Canadian operations under a newly created company as the salmon farmer continues the integration of the former Grieg Seafood British Columbia business.
Parent company Mitsubishi Corporation said Cermaq’s Canadian subsidiaries will be amalgamated into a new entity, Cermaq British Columbia Ltd., effective June 1. The new company will assume all assets, liabilities, rights and obligations of the existing businesses.
The restructuring follows Cermaq’s acquisition of Grieg Seafood’s operations in British Columbia and Newfoundland last year in a deal valued at approximately NOK 10.2 billion (€946 million).
Source: SalmonBusiness | Read the full article here
The Food and Agriculture Organisation of the United Nations (FAO), together with the Ministry of Water Resources, Agriculture and Processing Industry of Kyrgyzstan and international partners, has launched a new initiative to strengthen the country’s aquaculture sector, bringing together key actors in Bishkek for a high-level inception workshop under the project Sustainable Fish Value Chains for Landlocked Developing Countries (SVC4LLDCs).Funded by the Ministry of Oceans and Fisheries of the Republic of Korea, the project aims to boost the sustainability, productivity and competitiveness of fish value chains in Kyrgyzstan
SEATTLE, Wash. – More than 100 volunteers from the Wild Alaska Pollock catcher-processor fleet gathered at Terminal 91 for the industry’s annual Net Recycling Day. The hands-on event transformed retired fishing nets into reusable materials, advancing circular solutions and responsible fisheries management.
The initiative united five leading fishing companies—American Seafoods, Arctic Storm Management Group, Coastal Villages Region Fund, Glacier Fish Company, and Trident Seafoods—all members of the At-Sea Processors Association.
Participants worked alongside vessel captains and gear experts to cut and sort retired nets. The recovered material will be sent to specialized facilities to be repurposed into durable products like composite decking, outdoor furniture, and sports equipment.
Now in its second year as a unified initiative, the event builds on individual company efforts. "Net Recycling Day reflects the shared commitment across our fleet to continuously improve how we operate," said Doug Christensen, President/CEO of Arctic Storm Management Group.
Russian crab producers are setting their sights on international end-consumer markets (B2C), shifting focus toward branded retail products.
Industry leaders shared these strategic plans during the first meeting of the Fish Club in Vladivostok, a premier Far Eastern event jointly organized by ExpoSolutions Group and the FishNews media holding to revive regional industry traditions.
The gathering focused heavily on the logistical specifics of seafood transportation and its untapped market potential. Rather than continuing to supply unbranded, raw commodities, crab harvesters are actively exploring ways to capture more value by launching dedicated consumer brands.
"One of our goals is to integrate into the B2C market," announced Alexander Remeta (pictured), CEO of Antey Asset Management. He emphasized that this expansion will target global consumers through branded retail items and international joint products. By moving away from "no-name" packaging, Russian businesses aim to actively promote, differentiate, and capitalize on their premium seafood assets worldwide.
Argentina's shrimp fishing sector consolidated a strong recovery in the first quarter of 2026.
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Sales of whole shrimp reached 13,000 tons, an impressive 75.9% increase compared to 2025. This surge generated $79 million in revenue (a 110% increase relative to the January–April period of last year), a rebound largely explained by the fleet's inactivity in 2025. Additionally, the average price rose 19.4%, trading at $6,072 per ton. Spain remained the primary destination, skyrocketing its purchases by 138% with shipments totaling 8,602 tons.
Meanwhile, exports of shrimp tails showed more moderate growth. The exported volume increased by 4%, totaling 28,000 tons, which injected $215.7 million into the economy (an 8.9% increase over the previous year). The declared average price for this value-added product closed upward by 4.6%, reaching $7,699 per ton.