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IN BRIEF - MOWI ASA Press Release: Update on the allegations of collusion

NORWAY
Friday, November 15, 2019

With reference to the previously announced European Commission inspection which concerned possible collusion between Norwegian producers of farmed Norwegian Atlantic salmon and class action complaints in the USA related to the same matter.

Further to this Mowi has been informed that we will receive a subpoena from the Antitrust Division of the Department of Justice in the USA where they are opening a criminal investigation involving allegations of similar conduct.   

Mowi considers that there are no basis for the EU inspection and that the class action complaints clearly lack merit and are entirely unsubstantiated. This equally applies to any criminal investigation in the US.  

Mowi will fully cooperate with the Department of Justice and will provide as requested all information in relation to our US subsidiaries.

There is no new information regarding the European Commission’s case handling.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.


IN BRIEF - Russia officially accepts WTO Agreement on Fisheries Subsidies

RUSSIAN FEDERATION
Tuesday, March 19, 2024

MOSCOW (Interfax) - Russia has officially accepted the World Trade Organization (WTO) Agreement on Fisheries Subsidies.

Russia's representative to the WTO, Nikolai Platonov formally presented the country's instrument of acceptance of the agreement to WTO Director-General Ngozi Okonjo-Iweala on March 18, the trade body said in a press release.

"I am pleased to receive Russia's instrument of acceptance of the Agreement on Fisheries Subsidies. Russia's formal acceptance demonstrates leadership and commitment to ocean sustainability. It brings this landmark agreement closer to entry into force, and underscores the importance of global cooperation for the benefit of people and planet. I urge the remaining WTO members to also deposit their instruments of acceptance," Okonjo-Iweala said in the press release.

Platonov said the "agreement is essential in terms of preventing and combating unsustainable patterns of marine capture production such as illegal, unreported and unregulated (IUU) fishing, activities in unregulated high seas, as well as in overfished stocks."

"Given that Russia is one of the major sea fishing nations, we hope that our acceptance will also contribute to completion by other members of their domestic procedures so that the treaty can enter into force sooner rather than later. Such a scenario would definitely bring all of us closer to achieving the UN 2030 Agenda and its Sustainable Development Goals," Platonov said.


IN BRIEF - UN Ocean Decade | Join the 'Restoring European Seas' Conference

SPAIN
Tuesday, March 19, 2024

The Marine Stewardship Council is pleased to invite you to the conference Restoring European Seas: Sustainable Fisheries Management and Deep-Sea Ecosystems, within the framework of the UN Decade of the Oceans, organized by the Institut de Ciències del Mar (ICM-CSIC) , Marine Stewardship Council (MSC) and WWF Spain.
 
Event details:
 
Date and time: April 9, 2024. 15:00 - 17:00
 
Location: Mediatic, Barcelona
 

Summary:
 
This Satellite Event aims to highlight the importance of sustainable fisheries management and the restoration of deep marine ecosystems to ensure the health of our oceans. Key stakeholders will share their knowledge and achievements, including practical examples from the MedPath Project and deep marine habitat restoration projects such as H2030 REDRESS, LIFE Lophelia, LIFE DREAM and LIFE ECOREST.
 
We hope to have your participation. Please register for free using this link.

Other Media | La Voz de Galicia: Stevedores and port workers from all over Europe will demonstrate in Brussels

SPAIN
Tuesday, March 19, 2024

They will protest the lack of social dialogue and the inclusion of maritime transport in the emissions trading system

The unions of European dockworkers and port workers will demonstrate on April 3 in Brussels against the lack of social dialogue and the inclusion of maritime transport in the emissions trading system, the organization announced in a statement. The protest has been called by the European Dockworkers Council.

The main reason is "the lack of dialogue" in the social dialogue commission and the adoption of measures, such as the European emissions trading system.

Source: La Voz de Galicia l Read the full article here


Other Media | Industrias Pesqueras: Anfaco-Cecopesca promotes the importance and quality of canned seafood at Alimentaria 2024

SPAIN
Tuesday, March 19, 2024

Anfaco-Cecopesca is present at Alimentaria&Hostelco 2024. From its stand D200, located in pavilion 5, within the institutional space of the Consellería do Mar of the Xunta de Galicia, it will promote canned and processed fisheries and aquaculture with a complete activity program.

The main objective of Anfaco-Cecopesca's presence at the fair is to "promote the marine-industry sector, conveying to attendees the importance and quality of canned and processed fishing and aquaculture products, both for Galicia and Spain. being the main exporters of these products in the European Union", explains the association.

Source: Industrias Pesqueras l Read the full article here


Other Media | SeafoodSource: Chamco Chungha offers buyers full suite of seafood-processing machinery

SOUTH KOREA
Tuesday, March 19, 2024

Until recently, South Korean seafood companies largely relied on international machinery to handle their filleting needs, as no major domestic player had stepped up to the plate on a large scale.

Sensing an opportunity in the domestic market, Chamco Chungha Machinery, a seafood-processing technology manufacturer based out of Busan, rushed to fill that void.

The company collaborated closely with the South Korean government to develop filleting technology for the domestic industry, and has since become a global brand with partner companies in Spain, Japan, Singapore, Poland, and Russia, among others.

Author: Teddy Hans / SeafoodSource l Read the full article here


Other Media | fishfarmingexpert: Giant rise in construction price for Gigante Salmon

NORWAY
Tuesday, March 19, 2024

The construction costs for a 16,000-tonnes-per-year land-based fish farm in Norway have rocketed for the second time in six months.

Gigante Salmon AS, which is developing the flow-through facility, has today been informed of a new increase in the cost forecast which is in the order of NOK 350 million (£25.8m), it said in a stock exchange announcement.

Source: fishfarmingexpert l Read the full article here


Other Media | SalmonBusiness: Almost 500,000 fish dead at Lerøy-owned land-based facility

NORWAY
Tuesday, March 19, 2024

Incident follows a previous mortality event in October, in which 1.9 million fish died at the same facility.

Just under half a million smolt died at salmon farming giant Leroy Seafood’s facility in Norway, earlier this month.

The surviving fish are exhibiting signs of recovery, with increased appetite observed.

The Norwegian Food Safety Authority is set to conduct inspections at the facility this week.

Source: SalmonBusiness l Read the full article
here


IN BRIEF - Icelandic Fishing Catches in February was 65 thousand tonnes

ICELAND
Monday, March 18, 2024

The catch of Icelandic vessels was 65.4 thousand tonnes in February 2024 which is 56% less than in February 2023.

The pelagic catch was 25 thousand tonnes, 78% less than in February last year. Tthe main explanation for this large difference between years is due to no capelin being landed. Demersal catch was 39 thousand tonnes, 10% increase from February 2023.

In the 12 month period from March 2023 to February 2024 the catch was 1,272 thousand tonnes which is a 1% decrease from the previous 12 month period. Demersal catch got reduced by 11% while pelagic catch increased by 5%.

Click image to enlarge it

Information about catch of fish which are published in this press release are preliminary figures. The data is gathered by the Directorate of Fisheries.

Source: Statistics Iceland


IN BRIEF - By February, cuttlefish imports increased by 78%

SOUTH KOREA
Monday, March 18, 2024

The volume of frozen cuttlefish imported into Korea in February 2024 was 369 tons, an increase of 113% compared to the 173 tons imported in the same period in 2023.

Total import volume is 871 tons, showing a 65% increase from 527 tons in the same period last year, accounting for 0.6% of the total seafood import volume of 158,274 tons.

In February, 475 tonnes, or 55%, of frozen cuttlefish were imported from Vietnam, 147 tonnes, or 17%, from Thailand, 132 tonnes from Indonesia and 51 tonnes from Malaysia.

The import price by country was the highest in Thailand at USD 9.21/kg, followed by Vietnam at USD 5.64/kg and Indonesia at USD 7.60/kg.

The import amount of frozen cuttlefish in February 2024 was USD 2.26 million, a 77% increase compared to USD 1.27 million in the same period of 2023, and the total import amount was USD 5.35 million, a 78% increase compared to USD 3.01 million in the same period of the previous year.

As of February, the average import price was USD 6.15/kg, an 8% increase from USD 5.72/kg in the same period last year.

Source: Union Forsea Corp


IN BRIEF - VASEP Infographic: Vietnam's seafood exports in the first 2 months of 2024

VIET NAM
Monday, March 18, 2024

In February 2024, Vietnam's seafood exports decreased over the same period. However, cumulatively in the first 2 months of the year, seafood exports still increased by 13%, reaching more than 1.2 billion USD. Exports to major markets all increased compared to the same period.

Click image to enlarge it

Author/Source: Nguyen Ha/VASEP (translated from original in Vietnamese)


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