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IN BRIEF - Loch Duart plans for growth with GBP 4m cash injection

Friday, November 23, 2012

Loch Duart, founded in 1999 and with about 60 employees across its operations in Sutherland, provided fish for the royal wedding last year and the Diamond Jubilee celebrations.

It also counts a wide range of fine dining restaurants, including Gordon Ramsay at Claridge's in London and the Dornoch Castle Hotel, among its customers.

Now Loch Duart is being backed by the Scottish Investment Bank (SIB) and Capicorn Investment Group and will use the money to upgrade equipment and infrastructure plus invest in business development.

Source: Herald Scotland


IN BRIEF - Fisheries expansion goes onshore in Brunei Darussalam

Friday, November 27, 2015


Onshore developments, including aquaculture and processing facilities, could help Brunei Darussalam unlock the potential of its burgeoning fisheries industry.


The Sultanate is keen to overcome supply gaps and boost the sector’s contribution to GDP, particularly in the value-added segment, as part of a national drive to diversify the economy away from oil and gas.

A one-time maritime hub, Brunei Darussalam’s natural resources – which include 161 km of coastline and an extensive, 36,600-sq-km exclusive economic zone – should support the country’s efforts to expand fisheries revenues.

The sector’s current share of economic output remains low, at just short of 1% of GDP when combined with both forestry and agriculture as of the second quarter of 2015, according to the Department of Statistics. However, the fisheries segment in particular has recorded substantial growth over the last year, expanding by 29.8% year-on-year in the second quarter of 2015.

Source: Oxford Business Group


IN BRIEF - Fish stock healthy

Friday, November 27, 2015


A pilot survey carried out by WWF Pacific has revealed five common commercially targeted fish species in the Qoliqoli Cokovata zone in Macuata are above the recommended 20 per cent spawning levels.


This level is needed to maintain healthy fish stock.

The survey, Inshore Reef Fish Spawning Potential Survey was conducted to find out whether the population of the reef fish were in a good and healthy environment or in need of better management by the fisheries department.

Pacific Coastal Fisheries officer Ilaitia Tamata said if reef fish could at least achieve 20 per cent of their spawning potential then they could sustain themselves.

"The magic number that we aim for is 20 per cent and if the fish population can achieve this of their natural spawning potential, they can sustain themselves," he said.

Source: The Fiji Times


IN BRIEF - GHMC cold to new fish markets

Friday, November 27, 2015


Hyderabad - Despite the National Fisheries Development Board (NFDB) giving funds to GHMC, the civic body has failed to construct new fish markets in Hyderabad.


Though consumption of fish in Hyderabad is high, it continues to depend mainly on two fish markets one at Begum Bazar and the other at Monda Market in Secunderabad, which were constructed by City Improvement Board (CIB) in the 1930s. Even these markets are in dilapidated condition.

On an average about 100 tonnes of fish per day reaches city from Andhra Pradesh, Orissa and West Bengal. Currently, the city requires at least four wholesale markets and about 100 retail fish markets in all the 150 divisions under the GHMC limits.

Due to lack of space for sale of fish, they are being sold on the roadsides and on bicycles in very unhygienic conditions. The lack of facilities has also resulted in women fish sellers suffering from several health-related problems as they have to be constantly in touch with ice and have to sit for long hours on wooden planks.

Source: The Hans India


IN BRIEF - Auction of fishing rights stopped

Friday, November 27, 2015


The auctioning of fishing rights at a tank in Sengappadai panchayat in Tirumangalam taluk was stopped at the last moment on Wednesday as the locals complained that their drinking water sources were getting affected because of fish farming.


The villagers had filed a complaint with the Collector’s office on Tuesday following the sudden announcement made at the panchayat that the auction was to be held on Wednesday 25th of November 2015.

According to the villagers, the primary source of drinking water for the village with a population of around 4,000 according to 2011 census, is a well located adjacent to the tank, where fish farming was being carried out.

“Last year itself we tried to stop it. However, they went ahead with the auction. As the one-year lease period got over, we did not want to allow fresh auction this year,” said V. Bothiraj from the village.

Source: The Hindu


IN BRIEF - Projects stall after feds allow fish farming in open ocean

Friday, November 27, 2015


SAN DIEGO (AP) — Some 90 percent of seafood consumed by Americans is imported — a fact that the Obama administration vowed to start turning around by expanding fish and shellfish farms into federal waters.

Yet nearly two years since the first permit was issued, the United States still has no offshore farms.

The pioneers of offshore aquaculture say their plans have stalled or been abandoned because of the long and expensive federal permitting process that requires extensive environmental monitoring and data collection.

The applicant given the first permit for federal waters in 2014 has spent USD 1 million and not seeded any mussels off Southern California. Another pioneer in Hawaii said there is too much red tape and plans to start his fish farm off Mexico and export to the U.S.

Source: Daily Mail


IN BRIEF - Trade a casualty of Russia-Turkey tensions

Friday, November 27, 2015


Bilateral trade is becoming an early casualty of Turkey's downing of a Russian warplane at the Syrian border. The Kremlin has announced tougher checks on Turkish goods. And vacationers are being cautioned against traveling to Turkey.

Source: DW


IN BRIEF - Oyster herpesvirus (OsHV-1 µvar) disease outbreak confirmed in Devon

Friday, November 27, 2015


Following a report from a shellfish farmer on Monday 26 October 2015 of unusual mortalities in farmed Pacific (rock) oyster spat (Crassostrea gigas) at a farm site in the River Teign in Devon, a Fish Health Inspector from the Centre for Environment, Fisheries and Aquaculture Science (Cefas) visited the affected site in the Teign on Wednesday 28 October. Samples taken from the affected site were confirmed as positive for oyster herpesvirus (OsHV-1 µvar), and a new Containment Area Covering the tidal waters within the River Teign has been declared.


In accordance with Commission Regulation 175/2010, movements of shellfish out of the Containment Area covering the River Teign, have been restricted, following the confirmation of oyster herpes virus (OsHV-1 µvar).

Cefas acting on behalf of Defra has issued a Confirmed Designation prohibiting the movement of Pacific oysters from the containment area and applying the following additional control measures:

You must apply to the Fish Health Inspectorate for permission if you wish to move any Pacific oysters out of the Confirmed Designation area, including movements into purification centres (depuration plants).

You must notify the Fish Health Inspectorate of any increased or unexpected mortality observed in shellfish stocks.

Source: Gov UK


IN BRIEF - SeaDragon first half loss widens on factory costs, sales up

Friday, November 27, 2015


SeaDragon, the fish oil processor which has attracted health products maker Comvita as a cornerstone shareholder, widened its first-half loss on mounting interest costs associated with the company's newly built Omega-3 factory, which starts operating in coming days.


The Nelson-based company reported a net loss of NZD 688,000, or 0.04 cents per share, in the six months ended Sept. 30, from a loss of NZD 574,000, or 0.03 cents, a year earlier, it said in a statement. That included finance expenses of NZD 255,000 in the period compared to NZD 30,000 a year earlier, as the company took on debt to complete the factory, which has been beset by ballooning costs. Still, earnings before interest, tax, depreciation and amortisation improved, narrowing to an ebitda-loss of NZD 147,000 from NZD 320,000 a year earlier, as sales more than doubled to NZD 5.3 million.

"Our Omega-2 fish oil operations have delivered a significantly better half-year result than the prior year, and we are on track to achieve the forecasts we made when we launched our capital raising programme," chairman Colin Groves said. "The commitment our people have shown delivering the new factory, a company-defining project, while building momentum in the Omega-2 operations, has been brilliant and it reinforces my confidence in the future of the company."

Source: Scoop


IN BRIEF - Negotiations recommence on Small Pelagic Fishery

Friday, November 27, 2015


Media release from Assistant Minister for Agriculture and Water Resources.


Assistant Minister for Agriculture and Water Resources, Anne Ruston has congratulated the commercial and recreational fishing sectors for recommencing negotiations on fishing operations in the Small Pelagic Fishery (SPF).

In welcoming the news, Minister Ruston said that she was pleased both parties were acknowledging that fish stocks are a shared resource and that she looked forward to meeting with them next week.

“The fishing industry – both commercial and recreational – is a valuable part of our nation’s economy and lifestyle,” Minister Ruston said.

“Both sectors support numerous jobs, and are the livelihood for many Australians, particularly in regional communities.

“I thank the Small Pelagic Fishery Industry Association (SPFIA) and key recreational fishing representatives for re-commencing discussions on a possible agreement about how access can best be shared for mutual benefits.

Source: AFMA


IN BRIEF - China Fishery Missed Loan Payment This Month, S&P Says

Friday, November 27, 2015

China Fishery Group Ltd. failed to repay a USD 31 million installment due earlier this month on a USD 650 million loan, according to Standard & Poor’s.

“As a result, one of the lenders successfully applied for provisional liquidators, indicating that the lender is unwilling to negotiate for further extensions or waivers,” S&P said in a statement Thursday 26th of November 2015. Moody’s Investors Service cut its rating by two levels to Ca on Friday as a Hong Kong court appointed three executives from KPMG as provisional liquidators. The grade indicates the company is Likely in, or very near default.

HSBC Holdings Plc, one of the lenders to the loan, has filed an application to the High Court of Hong Kong to appoint provisional liquidators to the Singapore-listed fishing group. HSBC spokesman Adam Harper said in an e-mail that he can’t comment and Katie Tsui, an investor relations officer at China Fishery, also declined.

China Fishery, with operations in Peru, has seen a decline in profits since the beginning of this year. Its cash position dwindled to USD 41.3 million as at June 28 from USD 170.5 million half a year earlier. Its 9.75 percent notes due 2019 fell 0.18 cent to a record 31.85 cents on the dollar as of 4:53 p.m in Hong Kong, Bloomberg-compiled prices show.

Source: Bloomberg


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Fishermen announce management committee breakup
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Greater flexibility granted to cod recovery plan
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IN BRIEF - Trade a casualty of Russia-Turkey tensions
United States
Nov 27, 22:20 (GMT + 9):
IN BRIEF - Projects stall after feds allow fish farming in open ocean
Nov 27, 22:20 (GMT + 9):
IN BRIEF - Auction of fishing rights stopped
Nov 27, 22:20 (GMT + 9):
IN BRIEF - GHMC cold to new fish markets
Nov 27, 22:20 (GMT + 9):
IN BRIEF - Fish stock healthy
Brunei Darussalam
Nov 27, 22:20 (GMT + 9):
IN BRIEF - Fisheries expansion goes onshore in Brunei Darussalam
New Zealand
Nov 27, 22:10 (GMT + 9):
IN BRIEF - SeaDragon first half loss widens on factory costs, sales up

Court appoints liquidators for China Fishery
Hong Kong The High Court of Hong Kong has appointed provisional liquidators for China Fishery Group following a winding up request filed by HSBC bank, a lender of the Chinese group.
McDonald's Spain supports tuna sustainability
Spain Pacifical has welcomed the decision taken by McDonald's Spain to include its Marine Stewardship Council certified skipjack tuna on its national menu as part of the chain’s global commitment to sustainable fishing practices.
Industrial sector seeks to make clarify fishing operations
Chile Representatives of the Association of Fishing Industrialists met with SERNAPESCA national director to show him a programme to update the release of information on fishing landings in the Biobio Region.
USDA creates inspection programme for catfish
United States The USDA’s Food Safety and Inspection Service has published a regulation establishing an inspection programme for fish under the order Siluriformes, including catfish.
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Pesquera El Golfo S.A.
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Wärtsilä Corporation -Wartsila Group Headquarter-
ITOCHU Corporation -Headquarter-
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
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Nueva Pescanova, S.L. - Group Headquarters
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I&J - Irvin & Johnson Holding Company (Pty) Ltd.
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Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
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Icicle Seafoods Inc. -Headquarter-
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Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
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SalMar ASA - Group Headquarters
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Hansung Enterprise Co.,Ltd.
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CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
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Food Project (Siam) Co., Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
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NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO -Food and Agriculture Organization- Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
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BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
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Marona S.A.
Marine Harvest ASA - Headquarters
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Austevoll Seafood ASA
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Royal Dutch Shell plc (Headquarter)
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