The tide appears to be turning after a period of instability in Spain’s seafood industry.
On 3 October, Actemsa won court approval of a restructuring plan that will see the A Coruña, Spain-headquartered seafood firm avoid bankruptcy.
Actemsa, which operates a 12,000-square-meter processing plant as well as a canning facility in Brazil, filed a pre-bankruptcy notice on 27 October 2023, revealing EUR 114 million (USD 120.5 million) in debt as a result of struggles with overtstock and plunging tuna sales.
Author: Cliff White / SeafoodSource l Read the full article here
The Norwegian government has proposed allocating NOK 28 million ($2.63 million) in the 2025 state budget to combat the spread of humpback salmon, a species that has caused significant problems in Norwegian rivers.
Last year, 249,496 humpback salmon were removed from rivers using various methods, according to the State Administrator in Troms and Finnmark.
Source: SalmonBusiness l Read the full article here
Whitefish fisheries – including pollock, cod, haddock and hake – remain at the forefront of the sustainable seafood market, with almost three quarters of the global whitefish catch engaged with the Marine Stewardship Council’s (MSC) sustainable seafood programme at the end of 2023.
Pollock and cod are among the top 10 wild-caught marine species with the largest landings in 2021 – the latest year for which the UN’s Food and Agriculture Organisation (FAO) provides data. According to the FAO, pollock accounts for 3.4 million tonnes of total marine fisheries production.
The upcoming International Conference on Harmful Algae (ICHA) will be held for the first time in Chile, in its 21st edition.
This event will be held in Punta Arenas, in the Magallanes and Chilean Antarctica region, an area known for its unique biodiversity and scientific importance in the study of Harmful Algal Blooms (HAB). The region is ideal for this type of conference due to its natural characteristics and its historical and scientific relevance.
ICHA, organized by the International Scientific Society on Harmful Algae (ISSHA), is the world's leading conference on HAB. Its objective is to disseminate advances in scientific and technological knowledge on these blooms, bringing together an international audience of 500 experts, as well as decision makers from the public and private sectors.
A Local Organizing Committee, led by Dr. Leonardo Guzmán (IFOP) and composed of five subcommittees, is in charge of planning the conference, which will be held in 2025. International Conference on Harmful Algae (ISSHA). The main objective of this conference is to provide a forum to learn about the degree of advancement of scientific and technological knowledge on HABs (from molecular biology to the use of satellite images), which will be presented to an estimated international scientific audience of 500 people, as well as decision makers from both the public and private sectors.
Fleet modernization in action: the first longline vessel under construction in the region was launched in Vladivostok
The single-deck diesel longliner F/V 'Nugget' is being built at the Vostochnaya Shipyard (Vladivostok) under the investment quota program.
Currently, a series of crab vessels of project 03140 and 03141 are also being built at the shipyard ==>
This is the first vessel of Project 03142. The crew consists of 34 people, and the gross tonnage exceeds 1,200 tons.
On board there is equipment for processing fish into frozen products in cut and uncut form, as well as storage of finished products. The navigation area is unlimited, regular operation in small-crushed ice up to half a meter thick is possible.
The vessel will be used for longline fishing, which is one of the most environmentally friendly methods of fishing. The work process eliminates damage to the habitat of aquatic bioresources.
Is the South African navy up to the task of protecting our coastline, more importantly our existing sea life?
Chinese fishing trawlers are decimating our seas as they attempt to feed their exploding population and they do this with impunity. I suggest that it’s time to sink or arrest some of their vessels as they inflict misery and pain on any living creature that crosses their stern or bow.
There are of course other exploding populations like India. Currently, India and China make up one third of the earth’s total population. Those two, unhinged predatory countries are creating havoc with the fishing requirements.
Time for the Admiral of the South African navy to tell us where we stand and if we have the guts, to withstand this onslaught.
The Kingdom of Morocco firmly stated that it is “in no way concerned” by the European Union Court of Justice’s (ECJ) ruling on agricultural and fisheries agreements.
This is according to a press release from the Ministry of Foreign Affairs, African Cooperation, and Moroccan Expatriates.
The Ministry emphasized that Morocco was not involved in any part of the legal proceedings.
“Morocco is not a party to this case, which concerns the European Union on the one hand, and the Algeria-backed ‘Polisario’ on the other.
"Morocco did not take part in any of the procedural phases and, consequently, does not consider itself in any way concerned by the decision,”the Ministry declared.
The Ministry also criticised the ruling, noting “obvious legal errors and suspicious errors of fact,” suggesting “total ignorance” of the case’s realities or potential political bias.
Furthermore, the Ministry highlighted that“the Court has even allowed itself to take the place of the competent UN bodies,”contradicting their established positions.
Morocco called on the EU Council, European Commission, and member states to respect international commitments and protect the integrity of their strategic partnership with the Kingdom.
The Ministry reiterated Morocco’s stance: it will not subscribe to any agreement that does not respect its territorial integrity and national unity.
By the end of September 2024, South Korea imported a total of 651,137 tons of seafood, a 9% decrease compared to the 714,919 tons imported during the same period in 2023. The total import value for the period reached USD 2.908 billion, a 15% decline from USD 6.411 billion in 2023.
The top 10 imported species by volume included frozen pollock, squid, mackerel, monkfish, small octopus, squid wing, poulp squid, salted jellyfish, pollock roe, and squid bodies. Among these, five species—frozen pollock, mackerel, squid wing, poulp squid, and squid bodies—saw a decline in import volumes compared to last year, while five others—frozen squid, monkfish, small octopus, salted jellyfish, and pollock roe—experienced an increase.
The year-on-year changes for key species are as follows:
Frozen pollock fell by 1% to 105,136 tons, accounting for 16.2% of total imports.
Frozen squid increased by 29% to 29,588 tons, making up 4.5% of total imports.
Frozen mackerel dropped by 24% to 25,825 tons, representing 4% of total imports.
Frozen monkfish rose by 11% to 22,009 tons, accounting for 3.4% of total imports.
This decline in import volumes and values reflects global shifts in marine resources and seafood market dynamics.
The recent Conxemar fair in Vigo showed a decrease in the number of visitors, probably due to the growing importance of Barcelona's SeaFood in the fishing events calendar.
During the fair, the Argentine delegation, especially those involved in the shrimp business, obtained encouraging news about European demand. Clients consumed almost all the available stock, which generated a 61.2% increase in the volume of whole shrimp exports until August, and 65.1% in value, with revenues of 307 million dollars.
This year, the catch of Patagonian shrimp presented larger commercial sizes (L1 and L2) and greater abundance, allowing for a higher quality product. However, sales of shrimp "tail" fell in volume (12%) and in foreign currency (13.2%), although the average price was not significantly affected. Farmed shrimp remains a major threat to Patagonian shrimp, especially in key markets such as China, where purchases have fallen by 60% for whole shrimp and 15% for tails.
Read the full article here (only available in Spanish)
The total exports reached 104,267 tons, worth $514 million, marking a 6% rise in volume and 5% in value compared to August 2023.
China remained Ecuador's largest shrimp importer, with a 4% increase in volume to 57,023 tons, although the value stayed at $252 million due to a 4% price drop to $4.41 per kilogram. Shipments to the U.S. saw a decline in volume by 7%, but an 8% price increase helped offset the impact. In Europe, Ecuador's shrimp exports grew by 14%, with notable gains in France (30% rise in volume). Russia showed the most significant demand surge, with exports soaring 190% in volume and 218% in value.
Despite this success, Ecuador's shrimp industry has faced challenges this year, with overall exports from January to August only growing 2% in volume but declining 6% in value compared to the same period in 2023.
Southeast Pacific Squid Index: Giant squid (dosidicus gigas) China
In order to continuously enhance the ability to control squid resources and price influence, and conduct more accurate resource assessment and forecasting, the China Ocean Fisheries Association&n...
The Norwegian Pelagic Fishing Course in Week 41 Norway
A good week for NVG herring, while the mackerel fishing is good.
Norwegian Spawning Herring (NVG):
It was a good week for Norwegian spring-spawning herring with a total of 12,468 tonnes registered...
Vietnam's Frozen Tuna Meat and Loin Exports Continue to Surge Viet Nam
Following a decline in 2023, Vietnam's exports of frozen tuna meat and loins have steadily increased in the first eight months of 2024.
Notably, in August, the export value for these products reached...
SPAIN
The tide appears to be turning after a period of instability in Spain’s seafood industry.
NORWAY
The Norwegian government has proposed allocating NOK 28 million ($2.63 million) in the 2025 state budget to combat the spread of humpback salmon, a species that has caused significant problems in Norwegian rivers.
UNITED KINGDOM
Whitefish fisheries – including pollock, cod, haddock and hake – remain at the forefront of the sustainable seafood market, with almost three quarters of the global whitefish catch engaged with the 
CHILE.png)
This event will be held in Punta Arenas, in the Magallanes and Chilean Antarctica region, an area known for its unique biodiversity and scientific importance in the study of Harmful Algal Blooms (HAB). The region is ideal for this type of conference due to its natural characteristics and its historical and scientific relevance.
RUSSIAN FEDERATION
Fleet modernization in action: the first longline vessel under construction in the region was launched in Vladivostok
SOUTH AFRICA
Chinese fishing trawlers are decimating our seas as they attempt to feed their exploding population and they do this with impunity. I suggest that it’s time to sink or arrest some of their vessels as they inflict misery and pain on any living creature that crosses their stern or bow.
MOROCCO
SOUTH KOREA
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ARGENTINA
ECUADOR
The total exports reached 104,267 tons, worth $514 million, marking a 6% rise in volume and 5% in value compared to August 2023.
