MANILA – Century Pacific Food, Incorporated, the maker of Century Tuna, is looking to offer new products in a bid to build resiliency, its executive chairman Christopher Po said during a press conference on Monday, July 1.
"What we're trying to do is diversify so that if there is any movement in the commodities, we're not as affected and the business will stay resilient," Po told reporters on the sidelines of the company's annual stockholders' meeting.
To keep their earnings steady, Po said they would need to offer other food segments or even go into mergers and acquisitions.
A new state bill plans to expand the shellfish industry along the Crystal Coast.
One of the provisions in Senate Bill 648 would create a pilot project on the Pamlico Sound. It would open up three large-scale oystering plants along public trust waters.
Supporters of the bill say it could even bring a thousand new jobs to the East.
“To me, it’s a wonderful opportunity for eastern North Carolina,” said Republican Senator Norman Sanderson. “Our goal is to make this a 100 million dollar a year industry. We have all of the necessary ingredients to make this work.”
KOTA KINABALU - The Malaysian Maritime Enforcement Agency (MMEA) of Kudat have detained a Vietnamese fishing boat for illegally harvesting sea cucumber near Pulau Sibongor Laut in Kudat on June the 30th.
Kudat Maritime Zone operations deputy director, Maritime Lieutenant Musa Dail said that the boat, which had five crews, was detained at 10 am and an inspection revealed that it did have any registration document.
He said that the skipper and crew, aged 29 to 39 years, also did not have any valid identification document.
ALBANY, Ind. - AquaBounty Technologies proudly displayed thousands of recently hatched, genetically engineered salmon eggs to journalists from WLS-TV, Chicago, IndyStar and other media outlets this past week.
Previously, the company showed the eggs to Indiana Public Radio, the Associated Press and other media.
"We believe in transparency, because there is this concern with genetically modified," company CEO Sylvia Wulf told The Star Press at the end of the two-hour press tour of the indoor salmon farm.
A bill making its way through the N.C. General Assembly could have anglers in eastern North Carolina remembering 2019 as a year of change, whether they like it or not.
House Bill 483, the Let them Spawn act, places strict limits on the catch of six severely overfished species popular among commercial and recreational fishers: southern flounder, spot, Atlantic croaker, striped mullet, southern kingfish (sea mullet) and bluefish.
The bill would allow the Division of Marine Fisheries to place size and daily bag limits on the fish and abbreviate seasons for catching them with the goal of allowing 75 percent of juvenile fish in each targeted species to reach maturity and spawn at least once.
STONINGTON, Maine - A Maine land conservation program will use more than USD 1 million to preserve working waterfront areas, including sites that are important to the lobster fishing industry.
State officials say the Land for Maine's Future board is allocating the money to a half dozen projects. The money will be used to purchase development rights that ensure sites remain available for fishing and aquaculture.
One of the awards is a preliminary grant of more than $200,000 to the Stonington Co-op in Stonington, which is one of the most important lobster ports in New England. Officials say the money will be used to conduct site work to improve shipping and receiving of lobsters and bait.
Entebbe - At least 5,000 fishermen and fishmongers are stranded after Ministry of Agriculture, Fisheries and Animal Husbandry closed several fishing handling facilities over poor hygiene.
The affected facilities are at Ddimo, Golo, Kasenyi and Mwena landing sites in Masaka, Mpigi, Wakiso and Kalangala districts, respectively. Others are in Namayingo District.
Mr Tom Bukenya, the acting commissioner of fisheries regulations and control, said the handling facilities lacked minimum standards. “Despite being gazetted, they are below the required standard in terms of hygiene, we do not want the fish we get from there to affect our international market,’’ Mr Bukenya said in an interview at the weekend.
ISLAMABAD - The exports of fish and its preparations decreased by 4.11 percent during the fiscal year 2018-19 as compared to the corresponding period of 2018.
The seafood exports during July-May (2018-19) were recorded at USD 406.565 million against the exports of USD 423.977 million in July-May (2017-18), showing negative growth 4.11 percent, according to Pakistan Bureau of statistics (PBS).
In terms of quantity, Pakistan exported 179,743 metric tons seafood during the period under review against the exports of 184,107 metric tons last year, showing decrease of 2.37 percent.
Fisheries officers from Kosrae, Micronesia, recently toured the University of Hawaii at Hilo’s Pacific Aquaculture and Coastal Resources Center to learn more about aquaculture efforts in Hawaii.
Andy George, executive director of the Kosrae Conservation and Safety Organization and a graduate of UH-Hilo, visited the center with Bond Segal, marine Program manager for Kosrae Conservation and Safety Organization, and Bruno Ned, administrator of the Division of Fisheries and Marine Resources in the Kosrae Department of Resources and Economic Affairs.
George said the trio decided to visit Hawaii to learn about different ongoing aquaculture activities.
“We know that we can’t do all of them, we cannot replicate all of them in Micronesia, but we wanted to see what aspects of it can be applicable in Micronesia,” he said. “We have some ongoing aquaculture developments in Micronesia … We have partners who are doing a lot of good work on corals and on plants, but we also wanted to look at the community-based component.”
Dongwon launches new tuna fishing vessel 'Jubilee' South Korea
Dongwon Industries, the country's largest deep-sea fishing company, has launched today its latest purse seiner, Jubilee, to modernize its increasingly aging fleet.
The 2,200-ton vessel, launched to c...
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