IN BRIEF - Massachusetts prohibit the sale of escolar
Friday, January 18, 2013
Massachusetts would levy fines on supermarkets and restaurants that mislabel seafood and become the first state in the nation to ban the sale of escolar, an oily species known as the “ex-lax” fish that is often served as sushi, under legislation expected to be filed Friday.
The bill, proposed by the Legislature’s Joint Committee on Consumer Protection and Professional Licensure, comes more than a year after a Boston Globe report revealed widespread seafood substitution in restaurants across Massachusetts. In many instances, less desirable and cheaper species took the place of fresh local fish. A follow-up investigation published last fall found most of those restaurants were still mislabeling seafood.
Businesses caught misrepresenting fish such as Atlantic cod, Atlantic halibut, red snapper, or grey sole could face fines of up to $800 and have their license to operate suspended or revoked after repeat offenses, according to the legislation.
The law would also prohibit the sale of escolar, frequently mislabeled as white tuna or albacore at sushi restaurants, and punish first-time violators with a minimum $400 fine or license suspension. Albacore, a white tuna desired for its mild taste, is not related to escolar and typically costs 20 percent more.
Windhoek - Bidvest Namibia is not overburdened with re-designing its business model to be less dependent on fishing - a strange stance considering its recent financial results are heavily peppered with concerns about the reduction in revenue from its fishing division, because of the government slashing the company's fishing quota.
Group chief executive officer Sebby Kankondi, and executive for its fishing division Jan Arnold, remain optimistic about the future of Bidvest as a business that does well at unlocking potential through acquisitions, while allowing autonomy to subsidiaries in the group to manage themselves in a manner that allows Bidvest to collect and declare dividends to shareholders.
For the financial year ended June 2015 though, the group revenues at NAD 3.5 billion came in 4.6 percent short of revenues in the previous financial year, while the trading profit of NAD 415.6 million is also down 17.1 percent from the previous year.
A family-run fishing business on the Sunshine Coast has become the first Australian tuna fishery to achieve certification to the Marine Stewardship Council’s standard for sustainable fishing.
Walker Seafoods’ yellowfin and albacore tuna, along with its swordfish catch become the first of these species caught in Australia to receive the world-renowned MSC blue tick of sustainability.
Heidi Walker of Walker Seafoods is excited about the opportunities and new markets MSC certification will open up for the business.
"We're a family business and we’re passionate about keeping the marine environment healthy so we can keep fishing for generations to come. With the MSC ecolabel we can now prove scientifically that we're doing our bit to keep fish populations and marine ecosystems healthy," said Mrs Walker.
Bidvest Namibia the week of August the 24th of 2015 presented its results to a packed audience at the Nampower Convention Centre which it described as disappointing according to its Chief Executive Officer, Sebby Kankondi.
Remarkably, trading profit for the just concluded year fell 17% to NAD 415.6 million, revenue decreased 5% to NAD 3.5 billion while its headline earnings per share declined by NAD 103.2 cents.
Fishing continued to be the mainstay according to Kankondi as he spoke of the cuff while briefly going through his presentation. According to Bidvest, fishing contributed 83% towards trading profit despite a smaller allocation in its horse mackerel quotas. Added Bidvest, "Freight and Logistics performed poorer than expected showing a 18,5% decrease in trading profit, largely due to a lack of any major oil and gas projects. Monjasa, the new fuel bunkering business of Manica, performed ahead of expectations.
An analysis of caviar samples from Bulgaria and Romania has revealed a high level of mis- or un-labelled caviar offered for sale.
Researchers from Germany and Austria note that all sturgeon caviar containers must bear a label with a universal code providing information on its origin, including the sturgeon species, whether it is from farmed or wild fish and the country of origin.
Real caviar is one of the most expensive animal products in world trade and is harvested from sturgeons and paddlefishes. The price of caviar depends strongly on its species of origin with caviar from beluga sturgeon being the most expensive.
Two and a half years ago, a man who eats tuna filed a class action lawsuit against Starkist, a tuna company. His allegation was that the company was deliberately under-filling each can by a few tenths of an ounce. That might not make a difference to one consumer making one tuna salad, but would add up over millions of cans. While Starkist doesn’t admit fault, the case has been settled.
If you’re a resident of the United States and bought at least one five-ounce can of any of these tunas from Starkist between February 19, 2009 and October 31, 2014, you’re eligible to file a claim:
Chunk Light Tuna in Water
Chunk Light Tuna in Oil
Solid White in Water
Solid White in Oil
Dongwon F&B has launched three canned tuna products that are said to benefit the health of consumers.
The first contains high doses of the mineral selenium and folic acid, which have been proven to help strengthen the immune system. The 150-gram product contains 90 percent of the selenium and 60 percent of the folic acid an adult is recommended to have daily, according to Korea's biggest canned tuna maker.
The second is enriched with omega-6 and omega-9 fatty acids, which help blood circulation and reduce the risk of obesity.
The third contains significantly lower sodium, compared with ordinary canned tuna, which reduces the risk of high blood pressure and many other diseases.
In a world first, Australian Pearl Producers Association (PPA) have entered the Australia pearl oyster fishery to be assessed against the MSC’s standard for sustainable fishing. If the fishery achieves certification, this could influence the pearl industry globally and feed the demand for a growing market of people who don’t just want to eat sustainable options but want to wear them too.
Speaking from the fishery in Broome, Western Australia, Executive Officer of PPA, Aaron Irving is ecstatic at this game-changing move.
“People care about sustainability and healthy bountiful oceans and hopefully, if we achieve certification, they’ll be able to wear that sustainability with the world’s first MSC certified pearls,” said Mr Irving.
From the pristine waters of Western Australia and Northern Territory, the pearl fishery which produces pearls, pearl meat and mother of pearl products will be examined over a 12 to 18 month period by a team of independent scientists to determine whether it meets MSC standard.
The quota year ends on the last day of August 2015, and a new quota year is due to start the following week. Skippers are now racing to catch what they have left of their 2014-15 quotas and for the trawler fleet that means saithe. Ævar Jóhannesson, skipper of freezer trawler Höfrungur III AK, and his crew have been busy on Westfjords grounds searching for saithe during their current trip.
‘It has been patchy. We have had a few good hits of saithe, but in between there hasn’t been much. On these same grounds a year ago we were into heavy fishing on saithe. August is often a good month off the west coast, but it seems everyone agrees that there’s less saithe about now than in previous years,’ he said.
Bad weather and heavy seas haven’t made fishing off the Westfjords any easier this time and he went so far as to say that this month deserves a place in the history books for its poor weather and rough conditions.
TORTOLA, British Virgin Islands - Nomad Foods Limited ("Nomad Foods" or the "Company") (LSE: NHL), issues on August the 27th of 2015 the following trading update for the period ended 30 June 2015.
Nomad Foods Limited acquired the Iglo Foods Group "Iglo Group" on 1 June 2015 for approximately EUR 2.6bn. As such, pro forma as adjusted and reported information is being commented on below for the 6 month period ended 30 June 2015. This information does not reflect the Company's results for the half yearly period ending on 30 September 2015.
A Queensland prawn farmer says government inaction has stalled development of a AUD multi-billion aquaculture industry.
Fronting the Federal parliamentary inquiry into aquaculture, Pacific Reef Fisheries general manager John Moloney said successive governments have failed to address barriers to develop the burgeoning industry.
"The biggest frustration is that we're dealing with multiple government agencies about exactly the same thing," he said.
Pacific Reef Fisheries operates a 100 hectare farm near Ayr producing 1,000 tonnes of black tiger prawns, worth about AUD 20 million per year.
Biotechnology developed to use onshore seaweed Mexico
A team of researchers from the National Fisheries Institute is working on the development of biotechnology for the use of seaweed on shore that is produced off Baja California peninsula coast.