I would like to thank Mr. John Barton, Natural Resource Director of the Falkland Islands, for hav...
IN BRIEF - Impact of East Coast fisheries still playing out
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.
According to report on the 2014 Annual General Meeting of Stakeholders of Saota Foods Joint Stock Company (Fimex VN), the company earned USD 100 million of seafood exports in 2013. It strives to generate VND2,200 billion of turnover and more than VND40 billion of profit before tax in 2014.
Fimex VN is a company specializing in food and seafood processing and trading activities as well as providing equipment and input for aquaculture.
In the first quarter of 2014, Fimex VN processed 1,860 MT of finished frozen shrimp products to sell for USD 26 million of revenue, up 40 percent in volume and 84 percent in value year on year.
WWF welcomes the commitment of Indian Ocean developing coastal states to move towards ensuring effective management of the shared tuna stocks. For many of these countries the catch of tuna and tuna-like species provides livelihoods in total for millions of coastal fishers.
Numerous delegates from 18 Indian Ocean coastal states participated in a three day workshop on tuna management organized by WWF’s Smart Fishing Initiative and WWF Pakistan in Colombo. The goal of this workshop was to create a better understanding among Indian Ocean developing coastal states of sustainable tuna management through the application of the precautionary approach, harvest strategies and rights based management. During the workshop, representatives from the coastal states engaged in discussions with experts from other Regional Fisheries Management Organizations (RFMO’s) and staff from the Indian Ocean Tuna Commission. They emphasized the need to build capacity in the coastal states to enable them to meaningfully engage in the continuing dialogue to implement sustainable tuna management.
A study of trepang (sea cucumber) export values, shows the prices of some species have risen tenfold over the last decade.
Report author Steve Purcell, from Southern Cross University, says the increased value is because of dwindling stocks around the world, coupled with massive demand from China.
In its dried form, some species are now selling in Chinese markets for up to USD 2,950 a kilogram.
Mr Purcell told Radio National's Bush Telegraph program that the high prices were the main factor behind the overfishing of some species.
"The (trepang) species being fished by poor fishers in low-income countries, they tend to be the places where sea cucumbers are now fairly heavily depleted and some species are at risk of being exterminated from local areas," he said.
March is the onset of eliraka – the time for sowing/planting, which coincides with the onset of long rains in Busia County, western Kenya.
But the last harvest season left local farmers bitter, their fields of dry, stunted maize and sorghum stems as a result of erratic and low rains left bad memories which are still fresh and they fear the situation might not be any different.
Many are engaged in planting their farms as a routine, resting on hope that things may be different in 2014.
The story for many farmers here is one of shared agony. In 2013 the rains came late in March, after the normal planting season, but they planted their crops as usual not knowing that it was to be a futile effort.
The future of the Caribbean’s conch and lobster fisheries remains under threat despite regional efforts to protect it, regional fisheries officials said Wednesday the 23rd of April 2014.
The issue is at the top of the agenda of the 12th meeting of the Caribbean Fisheries Forum, the main technical and scientific decision-making body of the Caribbean Regional Fisheries Mechanism (CRFM). The Belize-based agency coordinates the management of fisheries in the Caribbean Community (CARICOM).
Acting Permanent Secretary in Dominica’s fisheries ministry, Harold Guiste, speaking at the start of the three-day meeting, highlighted efforts by the United States to declare conch an endangered species.
“It appears some countries are bent on wanting to exercise control over all the resources in the world,” despite regional systems in place to monitor the harvesting of the delicacies,” Guiste told delegates.
Border Protection Command (BPC), working closely with the Australian Fisheries Management Authority (AFMA), has apprehended a foreign fishing vessel approximately 275 nautical miles West of Darwin suspected of illegally fishing in the Australian Fishing Zone.
The vessel was initially detected by an Australian Customs and Border Protection Service Dash-8 surveillance aircraft and intercepted on Monday, 21 April 2014 by ACV Botany Bay, under the coordination of BPC.
The vessel was boarded by BPC-assigned personnel, and was found to have fishing lines deployed and over 500kg of fish on board.
Commander BPC, Rear Admiral Michael Noonan, said the apprehension was the result of strong cooperation between BPC and AFMA to protect Australia’s maritime resources, including fish stocks.
This meeting will build on the Western Atlantic Bluefin Tuna science workshop hosted in Montreal, Canada earlier that year. At that meeting, ICCAT members expressed their encouragement with ongoing efforts to strengthen the current dialogue between scientists and fisheries managers and their desire to resolve outstanding uncertainties in the status of the stock.
Marine Harvest ASA ("Marine Harvest" or the "Company") announces today that it intends to issue EUR 375 million in principal amount of convertible bonds (the "Bonds") with a five-year tenor.
The senior unsecured Bonds are convertible into common shares of the Company. The Bonds are expected to have an annual coupon in the range of 0.875% - 1.500% payable semi-annually in arrear and a conversion premium of 30.0% - 35.0% over the volume weighted average price of the Company's common shares on the Oslo Stock Exchange (translated into EUR) between launch and pricing.
The Bonds will be issued and redeemed at 100% of their principal amount and will, unless previously redeemed, converted or purchased and cancelled, mature in 2019. Marine Harvest has the right to call the Bonds after approximately three years if the value of the Marine Harvest common shares underlying one Bond on the Oslo Stock Exchange (translated into EUR) exceeds, for a specified period of time, 130% of the principal amount of a Bond.
Greenpeace makes strong claims at bluefin tuna auction Taiwan
Amid Greenpeace’s protests for better protection measures to be implemented for the bluefin tuna, the sale of the first landing of the species took place in the framework of the first Pingtung Bluefin Tuna Cultural Festival.
No signs of herring seen in Togiak United States
The first aerial survey of the Togiak District conducted by the Alaska Department of Fish and Game this week finished without spotting herring schools in the fishery.
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