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IN BRIEF - Impact of East Coast fisheries still playing out

UNITED STATES
Saturday, November 24, 2012

BATON ROUGE - If you thought Louisiana's seafood industry might get a boost from the lull in commercial fishing activity where Hurricane Sandy made landfall late last month, you were wrong.

Some seafood processors in southeast Louisiana said just the opposite is happening, that sales to buyers on the East Coast are down slightly as portions of states like New York and New Jersey continue to recover.

Source: Jeremy Alford / Houma Today

 


IN BRIEF - Belarus Hopes To Cash In On Russian Sanctions

BELARUS
Thursday, August 21, 2014

Earlier in August 2014, Russia introduced a full embargo on imports of meat, fish, dairy, fruit and vegetables from the European Union (EU), United States, Australia, Canada and Norway.

Moscow sought to retaliate for the sanctions imposed by the West following the downing of the Malaysian Airlines flight over Eastern Ukraine in July. The food ban went into effect immediately.

Belarus, itself no stranger to Western sanctions, took the news in stride, promising to increase Belarusian food exports to Russia.

Whether the food embargo indeed holds substantial economic opportunities for Belarus, however, is not clear, especially if Russia will be able to fully monitor Belarus’ exports and re-exports. Russia has already accused Belarus of lacking capacity to monitor exports, reportedly identifying 11 violations at the Russian-Belarusian border the week of August the 11 of 2014.

Source: Belarus Digest


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ARGENTINA
Thursday, August 21, 2014

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IN BRIEF - Tra fish distribution centre to be set up at Belgian harbour

VIET NAM
Thursday, August 21, 2014

 

HA NOI — The concerned agencies are speeding up the establishment of a distribution centre for tra fish in the European market.

 

Head of the Directorate of Fisheries' Science, Technology and International Co-operation Department Nguyen Viet Manh told Saigon Economic Times that they were coordinating with the Ministry of Industry and Trade's Export and Import Department, and Vietnamese Trade Office in Belgium to work with the trade agencies in Belgium's Flanders and Zeebrugge areas and a number of Belgium companies to establish the distribution centre.

The Viet Nam Association of Seafood Exporters and Processors (VASEP) and Belgium's Zeebrugge Port late 2013 had also signed a Memorandum of Understanding (MoU) on establishing the centre. Under the MoU, a centre will be built at Zeebrugge Port to receive, auction, and distribute Vietnamese tra products throughout the EU. The port's location between France's Le Havre and Germany's Hamburg makes it one of the European market's leading seafood distribution centre.

However, Hoe said, the biggest obstacle for the project was a regulation requiring 8 per cent of Viet Nam's total tra fish exported to the EU to go via the centre, while the sale or storage of tra fish at the centre was exporters' decision.

Source: Viet Nam News

 


IN BRIEF - Hofseth Biocare ASA : Replaces damaged critical part in production and sells more fresh salmon oil

NORWAY
Thursday, August 21, 2014

 

Hofseth BioCare ASA (HBC) has revealed a damage to the steam boiler, which is a vital part of the production process at HBCs plant in Midsund. This has resulted in immediate stop in production and notice of temporarily layoffs of some employees at the plant on Midsund. The damage is covered by HBCs insurance, both in terms of actual equipment replacement and operational business interruption insurance. Investigation of the unit has shown that there is a need to replace the damaged equipment. The shut down will not cause significant inconvenience to HBC until the equipment is replaced in mid-November 2014, since HBC has over 800 tons of oil and more than 250 tons of protein in stock for immediate delivery up to November. The company will until the commencement of normal production, perform a number of planned maintenance and improvement activities, including work related to the production process of calcium.

 

 

HBC has also received a significant order for fresh salmon oil from a UK customer. The company has recently received several orders from various customers with an estimated value of less than 1 MUSD not specifically reported to the market.

Source: Euro Investor

 


IN BRIEF - Norway Royal Salmon Q2 results down, cuts 2014 guidance

NORWAY
Thursday, August 21, 2014

 

Norway Royal Salmon ASA : * Q2 renvenues NOK 596 mln (676 mln) * Q2 EBIT pre-adjustments NOK 27 million (72 million) * Q2 pretax profit NOK 74 mln (95 mln) * Q2 pretax profit positive impacted by a gain on financial assets of NOK 57.5 * Result is considerably influenced by; 65 per cent of the volume being harvested in June when prices were at their lowest * Expects 2014 harvest volume 27,600 tonnes (previous guidance 29,000 tonnes) * The reason for the downward revision of the estimate is the extraordinary mortality at two sites in July, accelerated harvesting and lost growth as a result of this. * Planned smolt release in 2014 is 8.7 million smolts, which is 14 per cent higher than last year and provides a basis for further growth in harvesting volumes in the coming year. * Says 10 new green licenses potentially can give a capacity growth of 40 per cent for Norway Royal Salmon * Farming has hedged prices for 30 per cent of the volume in Q3 and 16 per cent for Q4 2014 * Expects positive market outlook in longer term, more turbulent in the short term due to Russia * For the year 2014 the global supply growth is expected to be between 5 and 9 per cent. In the longer term global growth is expected to be low.

Source: Reuters

 


IN BRIEF - Russia’s retaliation to sanctions a direct hit to Alaska

UNITED STATES
Thursday, August 21, 2014

 

Seafood is by far Alaska’s top export, and as it heads overseas, global politics play a big role in making sales sink or swim. That dynamic took center stage the week of August the 11 of 2014, when Russia banned imports of foods for one year from the U.S., Canada, Europe, Norway and Australia in retaliation for sanctions imposed due to its aggressive actions in Ukraine.

It is a direct hit to Alaska, which last year exported nearly 20 million pounds of seafood to Russia, valued at more than USD 60 million. The primary product it hurts is pink and chum salmon roe; Russia is also a growing market for Alaska pollock surimi.

“After Japan, Russia is our largest market for salmon roe,” explained Alexa Tonkovich, International Program Director for the Alaska Seafood Marketing Institute (ASMI). “Japan takes about USD 125 million worth of salmon roe and Russia takes about USD 46 million (more than 7 million pounds).

Russia’s ban also takes a bite out of Alaska pollock surimi exports, valued at more than USD 8 million in 2013. But that market is much more diversified than Alaska’s salmon roe.

“There are good markets in Japan and Europe, and we see potential in Brazil for surimi products, so that may be a bit easier to absorb,” Tonkovich said. “The salmon roe is a pretty significant volume, so I see a greater impact for salmon than for pollock.”

Source: Homer Tribune

 


IN BRIEF - Grimsby seafood specialist Flatfish is leading the UK in hi-tech traceability

UNITED KINGDOM
Thursday, August 21, 2014

 

A GRIMSBY seafood company, leading the way when it comes to traceability, is preparing to showcase its work to the wider industry.

 

Flatfish Mapping is a recent online project developed by the Stansfield family behind the plaice and Dover sole specialist.

State-of-the-art processing facilities are now being matched by vessel tracking technology at the Stirling Street base, helping to ensure sustainable and environmental credentials are exactly what the end customers expect. Directors Richard and Reece Stansfield are spearheading the programme, linking various web-portals and feeding in their own information to generate all the vital information, in real-time.

Richard said: “We have been working on a few projects. We started by looking at all the ports in the UK, drawing up a bit of a Flatfish battle-map.

Source: Grimsby Telegraph

 

 


IN BRIEF - Latvian companies hit by Russia's sanctions to receive partial interest rate write-offs

LATVIA
Thursday, August 21, 2014

 

In order to provide support for food producers and farms that have been hit by Russia's export embargo, the government of Latvia will create a new finance tool by making changes to the partial interest rates repayment program, according to the "Regulations on the allocation of state and European Union funds to facilitate agricultural investing" introduced by the government.

The regulations stipulate changes to the partial interest rates repayment program, providing partial interest rates compensations of short-term loans for dairy, meat and fish processing companies, as well as farmers.

The partial interest rates repayment program also stipulates long-term and short-term loan compensations for the large dairy, meat and fish processing companies. This applies to companies that used to export products to Russia that are now added to the list of banned import products.

Companies can apply for the partial interest rates repayment program from October 1 to October 20 2014.

Source: Baltic - Course

 


IN BRIEF - Dagestan to compensate for banned shipments of fish from West

RUSSIAN FEDERATION
Thursday, August 21, 2014

 

Ilya Shestakov, Russian deputy minister for agriculture, the head of Rosrybolovstvo, said that the Federal Fishing Agency was working on a program to develop aquafarming in Dagestan to compensate for fish imports from the West banned in early August 2014 with fish from the Caspian Sea.

The deputy minister reminded that an agreement on preservation of aqua biological resources of the Caspian Sea regulating sturgeon fishing was initialed in August. The ban on fishing sturgeon should increase their population and the potential of the Caspian Sea. Shestakov noted that fishing volumes in the sea were not dropping every year.

The official called for more active development of fishing in the Caspian Sea and resolution of problems. He said that fishing in the Caspian was not as efficient as in the Far East and the north. Fishing boats in the Caspian Sea need modernizing. The deputy minister added that medium-sized and small business should be encouraged to develop fishing in the Caspian Sea.

Fishing trout could replace fish imports from the EU, the U.S., Norway and Canada. Magomedsultan Aliyev, the acting head of the West Caspian Territorial Directorate of Rosrybolovstvo, told RIA Dagestan that the ban on fish imports will boost the Sto Prudov Dagestana project and volumes of fishing.

Source: Vestnik Kavkaza

 


IN BRIEF - Study Finds Shocking Amounts of Mercury in Chilean Sea Bass Fish, Says Seafood Mislabeling to Blame

CHILE
Thursday, August 21, 2014

 

According to a new study, mislabeling on seafood is exposing consumers to surprising levels of mercury.

The study by University of Hawaii at Manoa published in PLos ONE is titled "Seafood Substitutions Obscure Patterns of Mercury Contamination in Patagonian Toothfish (Dissostichus eleginoides) or 'Chilean Sea Bass.'" It found that the use of fish "substitutions," or fish that is presented as the same species but comes from a different place of origin, are misleading and distort "the true abundance of fish in the sea, defrauds consumers and can also cause unwanted exposure to harmful pollutants."

"Accurate labeling of seafood is essential to allow consumers to choose sustainable fisheries," Peter Marko, lead author of the study and UH Manoa biologist, said in a press release. "But consumers also rely on labels to protect themselves from unhealthy mercury exposure."

In an earlier study, scientists discovered that 20 percent of fish labeled as Chilean sea bass did not match the species' genetic data.

Source: Latin Post

 


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