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IN BRIEF - Good outcome for Scots fishermen at EU-Norway negotiations

UNITED KINGDOM
Friday, January 18, 2013

Scottish fishermen have broadly welcomed the outcome of negotiations between the EU and Norway to decide upon catching allocations for shared stocks in 2013.

The bilateral talks concluded this morning, and against a background of recovering stocks and the scientific advice, quota increases were agreed for a number of key stocks including North Sea haddock (15% increase), North Sea whiting (11%), North Sea plaice (15%), North Sea saithe (15%), and North Sea herring (18%). The North Sea cod quota remains unchanged at the 2011 level, with a facility for boats to increase their cod catch further if they participate in catch quota trials. There was also a 15% increase for West of Scotland saithe.

For mackerel, a catch limit was set that followed scientific advice and which will maintain the EU and Norway’s traditional share of the total allowable catch. This is an arrangement that will signal the resolve of the EU and Norway against the background of continuing failure to achieve an international management agreement for the stock with Iceland and the Faroes.

Source: SFF - Scottish Fishermen’s Federation


IN BRIEF - Fimex VN to become elite seafood company

VIET NAM
Friday, April 25, 2014

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.

Source: VASEP

 


IN BRIEF - Sustainable tuna management in the Indian Ocean with participation from 18 coastal states

SRI LANKA
Friday, April 25, 2014

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.

 


IN BRIEF - Value of sea cucumbers rising

AUSTRALIA
Friday, April 25, 2014

 

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.

Source: ABC

 


IN BRIEF - Adapting to Climate Change in Kenya via Fish Farms

KENYA
Friday, April 25, 2014

 

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.

Source: Onislam

 


IN BRIEF - Cage culture nets a big haul of cobia

INDIA
Friday, April 25, 2014

A group of aqua farmers on Kakkamadan Island in Aanappuzha, a tributary of the Periyar in Ernakulam district, has had a rich haul of cobia fish using the newly-introduced cage culture method, developed under the aegis of the Rajiv Gandhi Centre for Aquaculture (RGCA), established by the Marine Products Export Development Authority (MPEDA).

MPEDA deputy director M. Shaji said in a statement here that it was for the first time that the cobia fish, highly valued in the marine fishes market, was being cage-cultured.

The venture, undertaken by Swasraya Jalakrishi Sangham, Puthenvelikkara, was a great success, he claimed, with 100 per cent of the hatchlings being harvested as mature fish.

Source: The Hindu

 


IN BRIEF - Zhangzidao Group signs strategic agreement with Beijing Jingdong on online sales business

CHINA
Friday, April 25, 2014

Says signs strategic cooperation agreement with Beijing Jingdong Century Trading Co on online sales business.

Source: Reuters

 


IN BRIEF - Caribbean conch, lobster trade under threat, officials say

JAMAICA
Friday, April 25, 2014

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.

Source: Jamaica Observer

 


IN BRIEF - Illegal foreign fishing vessel intercepted West of Darwin

AUSTRALIA
Friday, April 25, 2014

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.

Source: AFMA

 


IN BRIEF - Canada Taking Leadership Role to Improve International Science Around the Status of Atlantic Bluefin Tuna Stocks With Upcoming PEI Meeting

CANADA
Friday, April 25, 2014

The United States, Japan, Mexico, France (with respect to Saint Pierre et Miquelon), and the European Union are expected to take part.

The Honourable Gail Shea, Minister of Fisheries and Oceans, announced on Thursday the 24th of April 2014 that Canada will be hosting an important Working Group meeting of the International Commission for the Conservation of Atlantic Tunas (ICCAT) in Charlottetown, Prince Edward Island, from July 10-12, 2014.

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.

Source: News GC

 


IN BRIEF - Marine Harvest launches EUR 375 million convertible bond offering due 2019

NORWAY
Friday, April 25, 2014

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.

 


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MORE NEWS
Kenya
Apr 25, 05:00 (GMT + 9):
IN BRIEF - Adapting to Climate Change in Kenya via Fish Farms
Australia
Apr 25, 05:00 (GMT + 9):
IN BRIEF - Value of sea cucumbers rising
Sri Lanka
Apr 25, 05:00 (GMT + 9):
IN BRIEF - Sustainable tuna management in the Indian Ocean with participation from 18 coastal states
Viet Nam
Apr 25, 05:00 (GMT + 9):
IN BRIEF - Fimex VN to become elite seafood company
China
Apr 25, 04:40 (GMT + 9):
IN BRIEF - Zhangzidao Group signs strategic agreement with Beijing Jingdong on online sales business
India
Apr 25, 04:40 (GMT + 9):
IN BRIEF - Cage culture nets a big haul of cobia
Australia
Apr 25, 04:30 (GMT + 9):
IN BRIEF - Illegal foreign fishing vessel intercepted West of Darwin
Jamaica
Apr 25, 04:30 (GMT + 9):
IN BRIEF - Caribbean conch, lobster trade under threat, officials say
Brazil
Apr 25, 04:10 (GMT + 9):
Technical cooperation with Ivory Coast agreed
Canada
Apr 25, 04:00 (GMT + 9):
IN BRIEF - Canada Taking Leadership Role to Improve International Science Around the Status of Atlantic Bluefin Tuna Stocks With Upcoming PEI Meeting
New Zealand
Apr 25, 03:10 (GMT + 9):
King Salmon develops further expansion plans
Spain
Apr 25, 02:30 (GMT + 9):
Creditor banks assume Pescanova’s rescue without Damm
Indonesia
Apr 25, 01:50 (GMT + 9):
Dutch university to cooperate in bilateral fisheries and aquaculture project
Viet Nam
Apr 25, 01:00 (GMT + 9):
IN BRIEF - Thuy Hai Seafood Processing Co., inaugurated its fishmeal factory
Bangladesh
Apr 25, 01:00 (GMT + 9):
IN BRIEF - Russia lifts ban on frozen food export from BD

Lenguaje
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Climatic changes pose serious threats to the fishing sector
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