Over three weeks before the referendum deciding if the UK remains in the European Union (EU), th...
IN BRIEF - Good outcome for Scots fishermen at EU-Norway negotiations
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.
THE head of Huon Aquaculture says she is not surprised Tassal has sided with the State Government in a legal stoush over the future of fish farming in Macquarie Harbour.
Huon Aquaculture initiated proceedings against regulators and the state and federal governments earlier this month over what it said was a last resort to prevent more environmental damage to Macquarie Harbour.
In a statement to shareholders yesterday, Tassal said it would join the action to protect its interests “as an operator in Macquarie Harbour”.
Tassal will take the side of the State Government and industry regulators and oppose Huon Aquaculture.
Aquaculture has been undertaken in a number of countries around the world and has grown rapidly worldwide in the last 50 years. FAO reports that world aquaculture production increased substantially since 1950 from one million tonnes production to 67 million tonnes in 2011-12. Projections by FAO estimate that in order to maintain the current level of per capita seafood consumption, worldwide aquaculture production will need to reach 82 million tonnes by 2050.
With such an important element of food security emerging for consumers and economic benefits for communities and individuals it is important to build a full picture of this industry and understand it’s future place within the economy.
Head researcher Kate Barclay from (UTS) was commissioned to undertake research to explore the social and economic contributions of aquaculture in NSW.
Ocean Grown Abalone (OGA), a Western Australian company which uses artificial reef modules to grow greenlip abalone, has plans to access seven, one hectare research lease and licence sites in waters off Port Lincoln.
Primary Industries and Regions SA Fisheries and Aquaculture is currently assessing an application by OGA whose proposal is for research purposes only.
OGA has proposed to place 4000 hatchery-reared juvenile greenlip abalone on 10 benthic blocks at each site to investigate the best location for a commercial abalone farm.
Each block, which weighs about 900 kilograms and has a surface area of 10 square metres, will house 400 juvenile abalone.
This stock exchange announcement may be deemed to include forward-looking statements, such as statements that relate to the production capacity of the acquired assets, the expected harvest volume of the acquired assets and the expected closing of the transaction and its timing. Forward-looking statements are typically identified by words or phrases, such as "expect" and similar expressions or future or conditional verbs such as "may", "will", "should", "would", and "could". Forward-looking statements are Marine Harvest's current estimates or expectations of future events or future results. Actual results could differ materially from those indicated by these statements because the realization of those results is subject to many risks and uncertainties, including operational factors that may affect the production capabilities of the acquired assets and failure to satisfy conditions precedent for the acquisition. All forward-looking statements included in this release are based on information available at the time of the release, and Marine Harvest assumes no obligation to update any forward-looking statement.
An equal split of shared state fisheries business taxes and a resolution in support of reinstating a winter crab fishery in Cordova have been approved by the Cordova City Council, along with a license for a new drive-through coffee business.
The action came during the Feb. 15 2017 meeting of the council, which also approved city election board appointments and heard testimony in favor of upgrades to sidewalks on Adams Avenue.
China, the world’s largest seafood producer, has a reputation for being a fish vacuum, its trawlers sucking up nearly 15 million tonnes of fish annually, many of which are illegal, unreported, and unregulated (IUU) fish caught off the West African coast and elsewhere. Yet for the past 20 years—despite minimal management and some of the most intensive industrial fishing in the world—China has purportedly maintained high catches of key species in its own backyard, the East China Sea.
The rosy reports documenting China’s unusually resilient fisheries have long been suspect. University of British Columbia fisheries scientist Daniel Pauly concluded in 2001 that Chinese reports of continuously high catches were basically bureaucratic lies. Others suggest that China inflates its landing numbers with IUU fish caught elsewhere.
Yet a new study from researchers at the University of California, Santa Barbara’s Sustainable Fisheries Group has modeled another possible explanation for China’s impressive catch data: its indiscriminate approach to fishing takes species from throughout the food web, including predators.
Further to the Marine Harvest share trading on the Oslo Stock Exchange excluding a dividend of NOK 2.80 per share, in the form of a repayment of paid-in capital, as from the 24th of February, the conversion price of the Company's EUR 375 million convertible bond (ISIN NO0010710395) has been adjusted.
The new conversion price is EUR 9.3458.
This information is subject of the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act
With reference to the stock exchange announcement of 19 December 2016.
The Court of Queen's Bench of New Brunswick has approved Marine Harvest as the purchaser of the assets owned by the Gray Aqua Group of Companies. Marine Harvest is pleased with the decision and looks forward to detail a production plan and investment framework for the East Coast of Canada.