NATURE-BASED aquaculture offers a promising alternative, harnessing the power of nature to produce food in an environmentally responsible way, says Ministry of Fisheries and Forest head of aquaculture Dr Alok Kalla.

Speaking at the Aqua-Pearl Stakeholder Inception and Workshop at Holiday Inn in Suva last week, he said traditional aquaculture practices, while essential, had often come with environmental costs, such as pollution, habitat destruction, and overfishing.

He said at its core, nature-based aquaculture sought to mimic natural ecosystems, integrating aquaculture practices with conservation efforts.

“By working in harmony with nature, we can mitigate the negative impacts of traditional aquaculture and create sustainable, resilient food systems,” Dr Kalla said.

“One of the key principles of nature-based aquaculture is the restoration and protection of natural habitats.

“By restoring mangroves, sea grass beds, and coral reefs, we can create diverse ecosystems that support a wide range of marine life, including fish and shellfish".

He said nature-based aquaculture offered a promising pathway towards a more sustainable and equitable future.

“Let us embrace this innovative approach and strive to create a world where aquaculture is a force for good, nourishing our communities while preserving our precious marine ecosystems.”

Muscat – The Oman Fisheries Company has announced the resignation of Mohammed Salim Nasser Al Amri, its Acting Chief Executive Officer

As per a disclosure on the Muscat Stock Exchange, the company stated that Al Amri resigned from his position on October 9, 2024, for personal reasons.

“The company’s Board of Directors approved the resignation on 25th November 2024 with his last working day at the company being January 31, 2025,” stated the disclosure addressed to the shareholders of the company. “The Board of Directors will take the necessary measures to appoint a replacement with the relevant authorities,” it added.

Further, the Board expressed gratitude and appreciation to Al Amri for his efforts during his tenure and wished him continued success in his professional endeavours.

Date/Time: December 2, 2024 - December 6, 2024

Location: Lumina on Wrightsville Beach a Holiday Inn Resort 1706 N. Lumina Avenue Wrightsville Beach, NC 28480

Meeting Agenda & Briefing Materials

Except for advertised public hearings and public comment sessions, the timing of agenda items may change.

The public comment session (Wednesday, December 4th, 2024, 4 p.m.), will allow for in-person and remote (via webinar) verbal public comment. Individuals intending to provide comments remotely are asked to sign up HERE. Those intending to provide verbal public comment in person will be asked to sign in at the meeting.

Cloud-based software solutions provider Maritech has announced its expansion into new markets in Europe and Asia.

Building on its activities in Norway, Iceland and North America, the company said it is now positioned to meet the growing global demand for innovative cloud-based solutions that enhance efficiency, flexibility and profitability in the seafood industry.

Maritech’s technology is currently deployed across nine countries, supporting more than 500 customers.

Source: Worldfishing l Read the full article here

Finnish fish farmer Finnforel has signed an agreement with Abu Dhabi-based investment and holding company ADQ to explore the feasibility of a recirculating aquaculture system (RAS) rainbow trout facility in the United Arab Emirates (UAE).

The fish farm, with a capacity of 3,000 tonnes per year, would be strategically located within a dedicated zone for aquaculture and related industries that forms part of the Khalifa Economic Zones Abu Dhabi (KEZAD) and is close to the Gulf. The zone features dedicated infrastructure, utilities and connectivity.

Author: Gareth Moore / fishfarmingexpert l Read the full article here

Talk about what might happen followed publication of the company’s third quarter results, which showed heavy losses from British Columbia.

One analyst told the Norwegian journal Finansavisen today that a Canadian sale deal could be reached within the next month or two.

Grieg’s operation there was hit by oxygen problems and algae blooms, which led to higher mortality.

It is still uncertain whether Grieg will get out of Canada altogether or keep Newfoundland and sell BC.

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

Gustav Jr.'s story is marked by the weight of his family legacy. His father, Gustav Witzøe, is the co-founder of SalMar, one of the world's leading salmon producers and sellers.

In 2013, when Gustav was just 19, his father transferred 53% of the company's shares to him. This move not only secured his place as the major shareholder but also made him a multimillionaire at a very young age.

SalMar supports the career of Norwegian tennis player Casper Ruud

However, despite being the heir to an empire that produces thousands of tons of salmon each year, Gustav Jr. does not actively participate in the company's management. His father and other executives run SalMar, while he has decided to explore his more creative side and invest his time in other projects.

With his fortune and restless spirit, the young Norwegian found in fashion and his hobbies a way to challenge the expectations that others might have of a multimillionaire heir. While SalMar continues to consolidate itself as a salmon giant, Gustav Jr. continues to explore his own path, demonstrating that, for him, work and passion go hand in hand.

The first special auction hosted on the "Ocean Cloud+" service platform by Zhejiang Zhoushan International Agricultural Products Trading Center (Zhejiang Agricultural Center) at the Zhoushan Ocean Fishery Base concluded successfully.

This event featured 112 tons of Argentine illex squid  caught by Ocean Family in the Southwest Atlantic Ocean. It attracted participation from over ten trading and processing companies within and outside Zhoushan, while nearly 100 viewers watched the entire bidding process via a live broadcast.

The auction employed a "base price increase" model. After 21 rounds of competitive bidding, the squid was sold at a final price of 38,250 yuan (USD 5,280) per ton, achieving a total transaction value of 4.284 million yuan (USD 591,157) and a premium rate of 6.25%.

To ensure transparency, fairness, and equity, the Zhejiang Agricultural Center leveraged its official website, WeChat public account, and other platforms to disseminate bidding information and transaction rules beforehand. The entire bidding process was live-streamed, safeguarding the legitimate interests of both buyers and sellers.