This summer, as China fired missiles into the sea off Taiwan to protest U.S. House Speaker Nancy Pelosi’s visit to the island, a much different kind of geopolitical standoff was taking shape in another corner of the Pacific Ocean.

Thousands of miles away, a heavily-armed U.S. Coast Guard cutter sailed up to a fleet of a few hundred Chinese squid-fishing boats not far from Ecuador’s Galapagos Islands. Its mission: inspect the vessels for any signs of illegal, unreported, or unregulated fishing.

Author: Joshua Goodman / SeafoodSource | Read the full article here

Global aquaculture supplier AKVA group today reported a net loss of NOK 93 million (£7.9 m) for the third quarter of 2022, due primarily to increasing costs, and a write-down in the value of NOK 28 m loan made to AquaCon, which plans an on-land salmon farm in Maryland in the United States.

AKVA’s revenue in Q3 was NOK 840 m, an increase of 14% compared to the NOK 738 m made in the corresponding quarter last year.

Source: fishfarmingexpert | Read the full article here

Contract drought can cause extensive problems.

The Lerøy Q2 result was weaker than expected. The stock price plunged. During the presentation of the figures, CFO Sjur Malm pointed to a high share of contracts – and low spot price exposure – as an explanation for low price achievement in what had otherwise been a bonanza quarter for the industry.

Author: Aslak Berge / SalmonBusiness | Read the full article here

The International Council for the Exploration of the Seas, (ICES) has advised that when the precautionary approach is applied, there should be zero catches of European Eel in all habitats in 2023.

This applies to both recreational and commercial catches and includes catches of glass eels for restocking and aquaculture.

Source: The Fishing Daily | Read the full article here

The "Pescazul" project, under the direction of the Technological Platform for Fishing and Aquaculture (PTEPA) and with CEPESCA, FNCP, APROMAR, Rula de Avilés, AEMPM, FEDEPESCA, Biolan and Sinerxia Plus as partners, aims to adapt the chain of value of Spanish fisheries and aquaculture with the European Green Deal, the 2030 Agenda and the SDGs

The Spanish Technological Platform for Fisheries and Aquaculture (PTEPA) has been a beneficiary of the "Pescazul" project, an initiative that is financed by the Ministry of Agriculture, Fisheries and Food (MAPA), through the call "Spaces for Growth Blue” 

Source: EuropaAzul | Read the full article here

KATS – A wonderful overview of Kingfish Zeeland fish farm under the Zeeland Bridge, where the latest expansion is nearing completion.

See the construction activities to the right of the existing breeding buildings and offices. Zierikzee can be seen on the photo--->

Last year, production in Kingfish Zeeland was doubled from 600 to 1,200 tons. With the latest expansion, including a new hatchery, the aim was again to double to 2,400 tons, but according to operational manager Janneke van der Linde, that has now been adjusted upwards to 2,800-3,000 tons.

Zeeland has priority for the time being, but for expansion beyond the border, Kingfish is also preparing for the construction of a nursery in the American state of Maine.

The large plot with elongated strips under Kingfish Zeeland does not belong to the company. Here, Delta Farm raises (and exports worldwide) ragworms for bait, fish feed and pharmaceuticals. The basins have a length of 400 meters. Hubrecht Janse's samphire cultivation company is located above Kingfish Zeeland, directly on the banks of the Oosterschelde.

Source: visserijnieuws.nl (translated from original in Dutch)

China Fisheries & Seafood Expo, the world's largest seafood fair, has decided to suspend the celebration of its 26th edition, scheduled for November 9-11. The decision is made in response to the resurgence of the health emergency in China and the "zero COVID" policy applied by the Chinese government. The celebration of the fair, which is based in Qingdao, was postponed in September, when the authorities decided to postpone the meeting for two weeks in the calendar due to the incidence of the virus.

Source: Industrias Pesqueras | Read the full article here

Thai Union posted all-time highs for quarterly sales and net profit in the third quarter of 2022, mainly due to the better performance of its core businesses and its pet care and value-added operations.

Thai Union’s sales between July and September surged 14.7 percent year-on-year to THB 40.76 billion (USD 1.08 billion, EUR 1.09 billion) on higher selling prices, rising sales volumes, and favorable foreign exchange, the company said in its Q3 results, released 2 November.

Author: Toan Dao / SeafoodSource | Read the full article here

The Aquaculture Stewardship Council (ASC) has published its first annual report and reflects on the industry’s journey from the first farm to receive ASC certification to its strong industry presence today.

With the first Annual Report “Transforming Aquaculture,” the Aquaculture Stewardship Council (ASC) looks back on 2021 and reflects on the 10 years since the first aquaculture farm achieved ASC certification.

Source: The Fish Site | Read the full article here 

Norway’s fishermen and fish farmers notched up another record last month as seafood exports hit NOK 15.4 billion (£1.29bn), the largest value ever for a single month. Once again, farmed salmon was the main driver.

The total is 27% higher or NOK 3.3bn (£277m) higher than October last year and NOK 727m (£60.5m) up on this year’s September figure.

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