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Other Media | La Voz de Galicia: Captain of a Galician Ship Arrested, Wanted in Argentina for Exploiting Sailors

ARGENTINA
Friday, January 31, 2025

The Spanish police arrested the captain of a Galician fishing vessel wanted by Argentine authorities and accused of human trafficking against Senegalese sailors on his crew. The man under investigation, linked to the company Profesionales Pesqueros, based in Vigo and owner of the fishing vessel Loitador, is awaiting extradition. The case dates back to 2017 when a sailor had to be evacuated in a coma, and following his hospitalization, an investigation into labor exploitation was launched.

Source: La Voz de Galicia | Read the full article here


Other Media | The Fish Site: A framework for understanding the diversity of the seaweed industry

WORLDWIDE
Friday, January 31, 2025

The discourse surrounding seaweed is often oversimplified – with many people speaking of seaweed in general while overlooking the intricate realities of seaweed farming in different contexts.

Although challenges such as warming waters and extreme weather events affect many commercially farmed species, each species and market faces unique issues. To better understand the current state of global seaweed production, we can categorise these challenges into four key dimensions: temperate versus tropical seaweeds and emerging versus established farming regions.

Author: Karlotta Rieve / The Fish Site l Read the full article here

 


Other Media | SalmonBusiness: Walmart heir’s fund targets ‘grey-to-green’ shift with Bluefront investment

NORWAY
Friday, January 31, 2025

Builders Vision, the investment platform founded by Lukas Walton, heir to the Walmart fortune, has invested in Bluefront Equity’s second seafood impact fund, Bluefront Capital II.

The investment supports Bluefront’s strategy to accelerate sustainable innovation in the global seafood industry.

Builders Vision’s backing marks its first commitment to a buyout fund focused on aquaculture transformation. The firm, which deploys capital to drive systems change in food, oceans, and energy, is investing through Builders Bridge, its platform for catalytic investments in sustainability.

Source: SalmonBusiness l Read the full article here

 


Other Media | Fish Farmer: Salmon prices drop back to pre-Christmas level

NORWAY
Friday, January 31, 2025

The export price of fresh Norwegian salmon slumped back further last week, according to official figures from Statistics Norway.

Less than three weeks ago it hit a record price of NOK 125 per kilo, but the figure has now dropped down to NOK 98.43 per kilo. The last time it was around that figure was in the week leading up to Christmas.

The fall corresponds to a decrease of 6.3% on the previous week, said Statistics Norway.

The export volume in week four was 15,564 tonnes , a decline of almost 1,800 tonnes which represents a decline of 10% on week three.

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

 


IN BRIEF - Ihavandhoo fisheries complex project inaugurated

MALDIVES
Thursday, January 30, 2025

In a special ceremony held in Haa Alifu atoll Ihavandhoo, the ground breaking of the complex was initiated by the Minister of Fisheries and Ocean Resources Ahmed Shiyam, Ihavandhoo council’s president Ahmed Sobah, and CEO of Maldives Industrial Fisheries Company (MIFCO) Vitaly Lyubimov.

The project is a collaborative effort between the Maldives government and the Islamic Development Bank, and will see the establishment of a 1,000-ton cold storage facility and a 50-ton brine freezing facility in the complex as well.

A quay wall of 137 meters, a fish-weighing jetty, and a channel with a depth of 3.5 meters will be developed at the harbor of the complex, with the prospective of 150 new employment opportunities. The complex will also feature administrative and utility blocks.

Speaking about the initiative, Minister of Fisheries had noted the people of Ihavandhoo had been anticipating the project for long, and is aimed at easing the public in several aspects.

He noted that fishers in the region currently have to travel to Felivaru to sell their catches currently, which incur expenses for them in terms of fuel and time.

He further added the project will boost the Maldivian fisheries industry as well.

The current cold storage capacity throughout the Maldives is 8,500 tons, while the current government is aiming to increase this capacity to 25,000 tons.


IN BRIEF - World Aquaculture 2025 Relocates from China to India

INDIA
Thursday, January 30, 2025

The World Aquaculture Society (WAS) has announced that the 2025 World Aquaculture event will now be held in Hyderabad, India, instead of its originally planned location in Qingdao, China.

Originally scheduled for April 24-27, 2025, in Qingdao, the event has been moved to November 10-13, 2025, and will take place at the Hyderabad International Convention Centre – Novotel. The decision was made “after careful consideration of current circumstances,” according to WAS.

In a press release, WAS stated: “This relocation allows us to continue providing an exceptional experience for our attendees. Despite the challenges posed by this change, we are committed to ensuring a successful event and are excited about the opportunities this new location presents. We believe it is a positive development and the right time to return to India after our first successful experience.”

This marks WAS’s return to India since the Asian Pacific Aquaculture 2019 (APA19) event in Chennai. Hyderabad, a hub for India’s maritime development, boasts a thriving marine economy and industry, making it an ideal host f


IN BRIEF - The AISA Group finally buys the Argentine-Spanish group Cabo Virgenes

ARGENTINA
Thursday, January 30, 2025

AISA Group, a Spanish consortium led by businessman Juan José Retamero, has acquired Cabo Vírgenes SA, a 15-year-old Chubut-based fishing company. This acquisition follows a multi-million dollar investment in San Juan to reactivate the Gualcamayo mine.
 
Cabo Vírgenes specializes in catching, processing and marketing seafood. Based in Rawson, Chubut, it has a fleet and processing plants and currently exports to over 50 countries. While its production is diversified, prawns are its main commercial product.
 
Its main plant is located just 400 meters from the port of Rawson, covers an area of more than 10,000 m2 and is equipped with modern processing and packaging systems. It has a freezing capacity of 60 tons per day, allowing it to produce and export more than 10,000 tons annually with excellent standards of freshness and quality.
 
Cabo Vírgenes also has an operations center in Palencia, Spain. From there, all international logistics, marketing and, in some cases, reprocessing are coordinated, generating more value added to production.
 
The company has state-of-the-art cold storage facilities in Argentina and Spain, which operate at -27°C and offer a storage capacity of over 5,000 European pallets, ensuring the availability and optimal preservation of products for the most demanding markets.

IN BRIEF - Eel Specialty Store 'Unagi no Naruse Fukai Branch' Opens on February 1st

JAPAN
Thursday, January 30, 2025

Franchise Business Incubation Co., Ltd., a company dedicated to supporting franchise operations, is excited to announce the opening of its newest eel specialty restaurant, "Unagi no Naruse Fukai Branch," on February 1st. Embracing the concept of "Fill your belly with delicious eel!", the restaurant operates under an owner-operated system and aims to provide a satisfying dining experience for all.

Since its inception, Unagi no Naruse has offered its signature unaju (eel rice bowl) in three portion sizes. Starting August 10, 2024, the restaurant will introduce three new price points for the same portion sizes, making it even more accessible to a wider audience.

Unagi no Naruse is designed to be a welcoming eel specialty restaurant for everyone, regardless of age or gender. Driven by the mission to make the beloved Japanese dish unagi-ju more accessible, the company opened its first location, Unagi no Naruse Yokohama, in September 2022. Since then, the brand has expanded rapidly, operating multiple stores since February 2023 and now boasting over 340 locations nationwide.

In response to rising prices, Unagi no Naruse Fukai Branch is committed to offering high-quality, delicious eel at affordable prices. By systematizing in-store operations and optimizing opening hours to reduce labor costs, the restaurant ensures that customers can enjoy premium eel without breaking the bank.

The company invites everyone to visit the new Fukai Branch and experience the rich flavors of its eel dishes.

 


IN BRIEF - Argentina launches a month assessment of Illex squid along the Patagonian shelf

ARGENTINA
Thursday, January 30, 2025

Argentina this week launched a month long cruise assessment of the sub-Patagonic squid, Illex Argentinus, on board the Ocean Fisheries Research Vessel, Victor Angelescu. The area of research will extend between parallels 46 and 51 degrees south.

Scientists and marine biologists will try to confirm the distribution and concentration areas of the sub-Patagonic stock along the Patagonia sea shelf and trench along a band at 100/500 isobaths. The biomass and abundance will be checked by the sweeping method, as well as determining distribution and abundance linked to summer spawning.

Biological samples of squid will be analyzed to help determine environment parameters of temperature and salinity, for an oceanographic diagnosis of the researched area, helping to estimate abundance and distribution of summer stocks.

Finally the Argentine National Institute for Fisheries Research and Development, INIDEP, based in Mar del Plata, points out the significance of this week’s scientific cruise, the first of which was accomplished back in 1994.

Source: MercoPress

 


Other Media | aqua.cl: Camanchaca announces the closure of its abalone farming division

CHILE
Thursday, January 30, 2025

The company announced that the largest biomass will be cultivated during the first half of this year for harvesting, processing and marketing.
 
The Board of Directors of Camanchaca, in an extraordinary session dated January 28, 2025, and based on the negative results of the North Crops Division, dedicated to the cultivation of abalones, and which has meant losses in Ebitda of US$9.3 million between 2016 and September 2024, and after having unsuccessfully explored different alternatives to recover its profitability, has decided to close this division.
 
Source: aqua.cl l Read the full article here

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