Transaction-driven CageEye hunts for money and new acquisition targets.

EUR 39 million is the amount the start-up company CageEye is seeking in an ongoing fundraising. In a shareholder letter, dated 26 August, CEO Bendik Søvegjarto talked about its advanced plans for the fundraising the company will make this autumn:

“The material for the upcoming Series B round will be updated together with DNB and Danske Bank, which we have been working with since the start of 2020 and will lead the next round of capital raising.”

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

North Atlantic fisheries for Atlanto-Scandian herring are threatened with the loss of crucial MSC certification due to what the MSC sees as longstanding failures to reach international agreement on catch levels.

The MSC’s warning has been issued ahead of national representatives coming together this month to discuss the division of next year’s fishery, which follows ICES advice for 2021 North Atlantic pelagic fisheries that was published recently.

‘Four MSC-certified Atlanto-Scandian herring fisheries in the Northeast Atlantic are at a high risk of losing their MSC certificates on 30th December 2020, due to lack of an international agreement on how to manage catch levels between different nations,’ the MSC states.

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

"So that they give us the kick in three years, it better be now", argues the sector before the London proposal for the exit of the community fleet

Keep calm and carry on. The phrase of the famous poster with which the British Government tried to raise the morale of the population in World War II is, in essence, the one that Michel Barnier hung in his press release after the ninth round of negotiations with the United Kingdom. But he conjugated it in the future: "We will keep calm and move on", united and determined until the end. Until the end of some arguments that have choked on the thorns of fishing.

Author: J. F. ALONSO E. ABUÍN / La Voz de Galicia | Read the full article here

Canada's Department of Fisheries and Oceans Canada (DFO) announced this past week that it will begin consultations with First Nations from Holmalco, Klahoose, Komoks, Kwiakah, Tla'amin, We Wai Kai (Cape Mudge) and Wei Wai Kum (Campbell River) over the aquaculture sites in the Discovery Islands. The information collected will be taken into consideration when the Government decides to renew, or not, the licenses for salmon aquaculture facilities located in the area before the expiration date set in December of this year. 

Source: iPac.acuicultura | Read the full article here

The Ministry of Production (Produce) has authorized the Institute of the Sea of Peru (Imarpe) to start exploratory fishing for the silverside resource (Odontesthes regia) for a period of 15 days or, failing that, until reaching 175 tons as the maximum catch to investigate or determine the decline in spawning of said resource. And the exploratory fishing of the woolly (Aulacomya atra), with artisanal fishing boats in the province of Ilo, Moquegua Region.

The exploratory fishing for silversides enters into force today and the investigation will allow to determine the current state of the resource, with emphasis on the structure by size, size and evolution of the main reproductive indicators in order to determine the decline in spawning of said resource.

Source: Industrias Pesqueras | Read the full article here

The USDA has earmarked an additional $14 billion for aquaculture producers who continue to face market disruptions and increased costs due to the ongoing coronavirus crisis.

The US Department of Agriculture is urging producers to sign up for the Coronavirus Food Assistance Programme (CFAP-2) after gaining an additional $14 billion in funding. The programme will run through 11 December 2020.

Aquaculture operations that are experiencing ongoing financial difficulties due to Covid-19 can apply for CFAP 2 at local county Farm Service Agency offices.

Source: The Fish Site | Read the full article here

Atlantic cod has been a stable, steady commodity for the global seafood market in the past decade. And it will continue to serve that role in the coming years, according to a panel of cod experts assembled for a 1 October webinar, “Opportunities and Challenges in the Atlantic Cod Marketplace,” organized by Sea DataCenter in cooperation with Maritech Solutions and SeafoodSource, and hosted by Sea Data Center Managing Director Anna Björk Theodorsdottir.

Global groundfish catches have been stable over the past three years, averaging 7 million metric tons (MT) each year. 

Author: Cliff White / SeafoodSource | Read the full article here

Since September 21, the Primorsky branch of the FSBI "Glavrybvod" has begun to catch chum salmon spawners on the rivers: Barabashevka, Ryazanovka, Narva, Poyma, Khasansky  district of Primorsky Territory and on the Serebryanka River in Terneisky District of Primorsky Territory.

n total, the specialists of the Primorsky Branch hunted 770 chum salmon and 1786 male chum salmon, transplanted the caught broodstock into cages for aging, and conducted bioanalysis. Selection and laying of eggs are planned during the week. The ratio of females to males is currently 0.4: 1. The development of the quota is 7,921 tons out of 184,196 tons (4%). In accordance with the order of the Federal Agency for Fishery of December 10, 2019, the Primorsky branch was provided with the corresponding volume of chum salmon for commercial fish farming - 184.196 tons, and on July 23, 2020, permits were obtained to catch chum salmon for commercial fish farming.

Source: FSBI Glavrybvod

Proximar Seafood plans to produce land-based salmon at the foot of the iconic Mount Fuji in Japan. Now the largest owner of Proximar Seafood, the Grieg family, has announced that the company may be listed on the Oslo Stock Exchanges’ Merkur Market during the autumn.

SalmonBusiness has reported on Proximar Seafood several times, most recently at the end of July, when co-founder and CEO Joachim Nielsen stated that they were ready to start construction of the facility.

Source: SalmonBusiness | Read the full article here

The UK fleet recorded its third £1 billion turnover year in a row in 2019, according to figures published by Seafish.

Seafish’s The Economics of the UK Fishing Fleet 2019 report follows the release of the Fleet Economic performance dataset earlier this year and includes analysis from Seafish. A new online tool allowing users to access and explore the underlying data more easily has also been released.

The Economics of the UK Fishing Fleet 2019 report demonstrates that the total operating profit for the UK fleet in 2019 was £240 million, a similar figure to 2018 as drop in total costs offsets a decrease in income.

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