Trading is currently around 20 per-cent below pre-COVID levels.

NZ King Salmon posted its full-year financial results for the 12 months ended 30 June.

The company’s revenue dipped to NZD 155 million (EUR 87 million), down 10 per-cent compared to last year. EBIT dropped by 10 per-cent to NZD 17 million (EUR 9.5 million).

Sales volumes were down 16 per-cent on FY19.

Author: Owen Evans / SalmonBusiness | Read the full article here

A feed ingredient from a genetically modified oilseed plant has been announced as one of three finalists for the Global Aquaculture Innovation Award 2020 presented by the Global Aquaculture Alliance (GAA).

Aquaterra, made by Nuseed, uses canola that has had microalgae genes added so that it produces omega-3 oils and other nutritionally important fatty acids.

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

HydroNeo, a start-up that aims to increase the efficiency of shrimp aquaculture, has secured an investment through Thai Union’s venture fund.

It is one of four start-ups which are set to receive investment from the recently-created Thai Union Corporate Venture Fund, which focuses on alternative proteins, functional nutrition and technology start-ups.

Source: The Fish Site | Read the full article here

Seafarers UK has release landmark research into the plight of fishing communities’ financial health – highlighting the lack of a safety net for those working as share fishermen, and exploring the impacts of a lack of financial planning on fishing families’ financial security and wellbeing.

New research conducted by the charity Seafarers UK, in partnership with Liverpool John Moores University, explores the real financial difficulties inherent for many in earning a living from small- scale fishing.

Author: Quentin Bates / FiskerForum | Read the full article here

Companies had to present information related to their production processes, including photographs, analysis results, and inspection guidelines applied by the National Fisheries and Aquaculture Service.

Given the situation generated by the health emergency and the impossibility of conducting inspections on the ground, the Ministry of Food and Drug Safety of Korea, MFDS, approved a documentary audit carried out on six Chilean companies that export fishery and aquaculture products to that Asian nation.

Source: MundoAcuicola | Read the full article here

"The French will always be the ones causing the most trouble," says 'Crystal Sea' English boss David Stevens. His family has been trawling for generations and is prepared for any wave that hits on January 1. So will it be a new dawn at sea after Brexit for fishing? Seemingly relaxed about the future, he accepts that trouble is on the horizon, but predicts a passing storm.

Five hours from Newlyn in Cornwall, the nets are out and the conversation is focused on the next few weeks. “It was said that fishing would be the litmus test of how far we have come out of the EU. I think it's true, ”says David.

Source: EuropaAzul | Read the full article here

Un año más, y van nueve, el 30 de noviembre volverá a celebrarse el “Día de la Acuicultura”. Se hará, como destacan desde el Observatorio Español de Acuicultura de la Fundación Biodiversidad, impulsor y coordinador de este evento en colaboración de todos los agentes vinculados al sector acuícola, “a pesar de encontrarnos en año muy complicado e incierto”. Precisamente, y a pesar de la difícil situación que estamos viviendo, desde el Observatorio Español de Acuicultura se pretende “que este siga siendo un día de celebración de todos que los tratamos de impulsar la acuicultura en nuestro país”.

Fuente: iPac.acuicultura | Lea el articulo completo aqui

A research team led by Oban-based Scottish Association for Marine Science (SAMS) has begun to investigate the impact of Covid-19 on the UK seafood industry.

Analysis of the previous economic crash in 2008 showed huge implications for the sector, which also needed a longer recovery time than other industries, said SAMS in a press release. There is also a great deal of uncertainty within the industry over a looming post-Brexit end to the transition period.

Source: fishfarmingexpert | Read the full article here 

Secure, reliable and tidy power distribution to pens is critical for the operation of modern farms. But maintaining uninterrupted power in a dynamic and exposed marine environment can be a challenge. With their extensive marine experience, Gael Force have introduced a newly created aquaculture specific design for full power infrastructure.

Compliant to 18th edition regulations and signed off by their qualified electricians, Gael Force’s Power Distribution system allows for a fully flexible and safe installation from barge to pen.

Author: Janice Johnston / Fish Farmer | Read the full article here