IN BRIEF - Hunterston Salmon Farm Construction Poised to Generate Hundreds of Jobs
UNITED KINGDOM
Tuesday, April 29, 2025
North Ayrshire Council highlights the potential for 264 full-time construction roles in the development of Bakkafrost Scotland's recirculating aquaculture system facility.
North Ayrshire Council has announced that the construction of a major salmon rearing facility at Hunterston is projected to create 264 full-time jobs during its development phase.
The recently approved plans, spearheaded by Bakkafrost Scotland, outline the construction of a state-of-the-art recirculating aquaculture system (RAS) facility. This development will occupy a 6.75-hectare area situated at the north-east corner of the Hunterston Construction Yard.
Councillor Tony Gurney, the cabinet member for green environment and economy at North Ayrshire Council, expressed his enthusiasm for the project: “We welcome this decision by the Planning Committee and eagerly anticipate seeing this significant development come to fruition in the months ahead. Hunterston is a key strategic site for North Ayrshire and is intended to play a pivotal role in Scotland’s transition to net-zero emissions by 2045."
Councillor Gurney further emphasized the broader potential of the site:“Hunterston possesses incredible potential and could become a driving force for Scotland in tackling climate change, generating vital employment opportunities, regenerating the local community, and delivering numerous other benefits.”
The 2026 Seawork Awards saw recognition for technology and expertise in the commercial marine sector. The awards, sponsored by Nova Shipyard, took place at the end of the first day of Seawork, Europe’s biggest trade show in the commercial marine and workboat sector
The Innovations Showcase Category Awards, sponsored for a second year by the Society of Maritime Industries (SMI), gave exhibitors the opportunity to demonstrate the latest in equipment, services, projects, and vessels introduced in the 12 months since the last Seawork Exhibition.
The world’s second biggest Atlantic salmon farmer, SalMar, is raising NOK 2.75 billion (£219.2 million) by issuing new senior unsecured green bonds.
The bonds are in two tranches:
NOK 1.75bn with a three-year tenor with a floating rate coupon (interest rate) of the average of three months’ NIBOR (Norwegian Inter Bank Offered Rate) plys 0.88% per annum. NOK 1bn with a three-year tenor with a fixed rate coupon of 5.541% p.a
Source: fishfarmingexpert | Read the full article here
The new agreement for the period 2026-2030 guarantees access for the European fleet to one of the world's main tuna fishing grounds and strengthens economic and fisheries cooperation between the two parties.
The European Union and the Republic of Seychelles have taken a decisive step to ensure the continuity of one of the most important fishing partnerships for the EU tuna fleet after concluding negotiations on a new Implementing Protocol to the Sustainable Fisheries Partnership Agreement (SFPA) for the period 2026-2030. The agreement will allow European vessels to continue operating in the waters of the Indian Ocean archipelago, considered one of the strategic locations for global tuna fishing.
During May 2026, the Environmental Assessment Service (SEA) approved aquaculture initiatives in the Los Lagos and Aysén regions, in a month that registered the highest amount of environmentally qualified investment since the creation of the Environmental Impact Assessment System.
The Environmental Assessment Service (SEA) reported that during May 2026, projects with a total investment of US$13.962 billion were approved, the highest amount recorded in a calendar month since the creation of the Environmental Impact Assessment System (SEIA) in 1992.
With MSC Certification in the bag, one of Korea’s largest tuna companies is just beginning its sustainability work for bigeye, yellowfin and albacore tuna fisheries.
Last year, Sajo Industries secured Marine Stewardship Council (MSC) Certification for 28 of its longline vessels catching tuna in the Eastern and Western Pacific Oceans. For Sajo, one of the largest tuna fishing companies in the world, this was a milestone. It was also just the beginning of their sustainability journey.
Sajo is the first Korean company to install electronic monitoring systems on their longline vessels, part of a government initiative to collect better fisheries data and eradicate illegal, unreported and unregulated (IUU) fishing.
Prices drop sharply as summer volumes weigh on the market.
Norwegian salmon spot prices are expected to fall to around EUR 5.70/kg (USD 6.57/kg) in week 24, down from approximately EUR 6.25/kg (USD 7.20/kg) the previous week, according to analysts.
Prices are expected to remain broadly flat through the rest of June, leaving volume-weighted second-quarter averages at EUR 6.53-6.62/kg (USD 7.52-7.63/kg), below earlier market expectations.
Source: SalmonBusiness | Read the full article here
Thailand is set to take its trade dispute with Malaysia to international forums, raising the latter's recent suspension of imports of five Thai shrimp species during discussions at the World Trade Organization (WTO) and the Association of Southeast Asian Nations (ASEAN).
The Thai government’s measures are in response to actions by Malaysia, which announced it had suspended imports of five Thai shrimp species and imposed strict testing mandates on sea bass from Thailand starting 1 June. The Nation reported 7 June, citing Thai Deputy Prime Minister and Commerce Minister Suphajee Suthumpun, that the government is moving on several fronts to address the mandates.
Author: Toan Dao / SeafoodSource | Read the full article here
To mark World Oceans Day, celebrated this June 8, the Marine Stewardship Council (MSC) published its report Fishing for the Future.
Madrid — The document highlights that the Iberian sardine (Sardina pilchardus) has multiplied its adult population nearly fourfold since 2015 thanks to a joint scientific-fishery plan between Spain and Portugal. This success contrasts with the fact that 49% of Spaniards mistakenly believe that an overexploited stock can never recover; only 26% know that it is indeed possible.
The study reveals that 67% of citizens are aware of the increase in overfishing over the last 50 years. However, 53% do not know which ocean most of the tuna they consume comes from. Alberto Martín, director of MSC Spain, and Manuel Barange, director of Fisheries and Aquaculture at the FAO, pointed out that with science-based management, marine recovery is a reality, also citing the success of the Eastern Atlantic bluefin tuna (Thunnus thynnus) and the Cornish hake (Merluccius merluccius), both of which reached healthy levels following strict rebuilding plans.
MIYAGI – According to data compiled by the Miyagi Prefectural Fisheries Co-operative, the cumulative harvest of farmed Coho salmon (Oncorhynchus kisutch) reached 2,201 metric tons as of May 31, 2026. This volume represents a 13% decrease compared to the 2,544 metric tons landed during the same period last year.
click on the image to enlarge it
Although the harvest volume rose to 900 metric tons in late May—up from 686 metric tons in mid-May—current landings are still lagging behind the 987 metric tons recorded in late May of the previous year. Historically, the peak harvest period for products marinos in this region intensifies from June onward.
In terms of pricing, the market is showing a strong price floor. The average unit price rebounded from its mid-May low of 758 yen/kg to 794 yen/kg in late May. The cumulative average price currently stands at 805 yen/kg, marking an 8% decline against the previous year's cumulative average of 878 yen/kg.
UNITED KINGDOM
The 2026 
NORWAY.png)
The bonds are in two tranches:
JAPAN.png)
EUROPEAN UNION
The new agreement for the period 2026-2030 guarantees access for the European fleet to one of the world's main tuna fishing grounds and strengthens economic and fisheries cooperation between the two parties.
CHILE
During May 2026, the Environmental Assessment Service (SEA) approved aquaculture initiatives in the Los Lagos and Aysén regions, in a month that registered the highest amount of environmentally qualified investment since the creation of the Environmental Impact Assessment System.
SOUTH KOREA.png)
Last year, 
Prices drop sharply as summer volumes weigh on the market.
THAILAND
Thailand is set to take its trade dispute with Malaysia to international forums, raising the latter's recent suspension of imports of five Thai shrimp species during discussions at the World Trade Organization (WTO) and the Association of Southeast Asian Nations (ASEAN).
SPAIN
To mark World Oceans Day, celebrated this June 8, the Marine Stewardship Council (MSC) published its report Fishing for the Future..png)
