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IN BRIEF - Iran to increase caviar exports

IRAN
Saturday, January 19, 2013

Iran exported about 500kg of sturgeon caviar in the last three quarters, Trend reports.

Issa Golshakhi, a spokesman of the Iranian Fishing Organization, said that the main buyers of Iranian caviar were Europe, USA, Japan and the UAE.

The official said that specialists were planning to increase the exports to 2 tons the next year (starting on March 21 in Iran).

Alaeddin Borujerdi, chairman of the parliamentary commission for national security and foreign policy, said at the second Caspian Sea Conference that caviar from the Caspian Sea is popular all over the world.


IN BRIEF - Neptune and BlueOcean Sign Licensing Agreement

CANADA
Wednesday, October 22, 2014

LAVAL, Québec -

Neptune Technologies & Bioressources Inc.

("Neptune"), announces the signing of an exclusive world-wide, royalty-bearing, non-transferable, License Agreement ("License") with BlueOcean Nutrascience Inc. ("BlueOcean") under Neptune's composition and extraction patents covering the production and sale of marine derived oil products containing phospholipids. The License allows BlueOcean and its shrimp joint venture affiliate to produce and sell shrimp oil products extracted from three species of North Atlantic cold water shrimp (Pandalus borealis, Pandalus montagui, and Pandalus jordani) in the nutraceutical, dietary ingredients, natural health products, functional food and food supplements markets. The medical food, drugs and drug product markets are not included.

 

 

The commercial terms of the License include BlueOcean paying Neptune a minimum yearly cash royalty, and a royalty per unit of product sold. As well, an initial upfront payment will be payable at closing through the issuance of BlueOcean shares. Closing of the transaction is being done at arm's length and is subject to approval of the TSX Venture Exchange. No finder's fee is being paid in connection with this transaction.

 


IN BRIEF - Acasti Announces Grant of Stock Options

CANADA
Wednesday, October 22, 2014

Laval, Québec - Acasti Pharma Inc. ("Acasti" or the "Corporation"), an emerging biopharmaceutical company focused on the research, development and commercialization of new krill oil-based forms of omega-3 phospholipid therapies for the treatment and prevention of certain cardiometabolic disorders, announces the grant of an aggregate of 180,000 incentive stock options under the Corporation's Stock Option Plan for its senior executive and management team. Each option will vest gradually over a period of two years and will entitle its holder to purchase one common share of Acasti at a price of CAD 0.65 until October 19, 2019.

The options were granted in recognition of management's past efforts and contributions to Acasti's success in connection with its fiscal year ended February 28, 2014. The option grant was delayed in order to provide Acasti's recently appointed Board, time to review and approve management's compensation plan.

 


IN BRIEF - Maine shellfish dealer to be sentenced for illegal money transactions related to unauthorized purchases of lobsters

UNITED STATES
Wednesday, October 22, 2014

SPRUCE HEAD ISLAND, Maine — The owner of a seafood dealership in southern Maine who was snared in a federal and state probe that began with an allegation that more than USD 1 million worth of lobsters were stolen from one of the state’s largest cooperatives is scheduled to be sentenced.

The sentencing of John Price, 58, of Kittery, who owns J.P. Shellfish of Eliot, is expected to provide more detail on a criminal investigation that began more than two years ago when Robert Thompson of St. George, the former manager of the Spruce Head Fishermen’s Cooperative, was arrested and accused of stealing more than USD 1 million worth of lobsters from members and selling them to Price’s business.

Source: Bangor Daily News

 


IN BRIEF - UK seafood importers criticize EU ban on Sri Lanka, willing to help government to improve the industry

SRI LANKA
Wednesday, October 22, 2014

Colombo - UK seafood importers have slammed the European Union's decision to slap a ban on Sri Lanka's fish imports which will go into effect from January 2015.

UK seafood processors Icelandic Seachill, Direct Seafoods and New England Seafood have expressed disappointment over the EU's red card decision, especially since some of those importers are engaged in fisheries improvement in the island, seafood industry website Undercurrent News reports.

The European Commission October 14 2014 proposed to ban imports of fisheries products from Sri Lanka, the second biggest exporter to the bloc, due to Sri Lanka's failure to demonstrate that it sufficiently addressed illegal, unreported and unregulated (IUU) fishing.

Source: Colombo Page


IN BRIEF - South Yorkshire producer recalls salmon burgers

UNITED KINGDOM
Wednesday, October 22, 2014

A UK producer has recalled salmon burgers sold under the Ewden Vale brand due to their content of barley (gluten), which was not mentioned on the product label, said the Food Standards Agency.

Barnsley, South Yorkshire-based Ewden Vale Foods has recalled the 350-gram packs, which had the best before date of Dec. 28, 2014.

“The undeclared presence of cereals containing gluten poses a public health risk to those with an allergy or intolerance to barley (gluten),” said the FSA.

“The malt vinegar used in the product should be labelled as ‘barley malt vinegar’.”

Source: Undercurrent News

 


IN BRIEF - John West and Princes accused of backtracking on tuna commitments

UNITED KINGDOM
Wednesday, October 22, 2014

The two biggest tuna fish brands in the UK are privately looking at delaying or reviewing public commitments to eliminate the use of controversial fishing methods, leaked documents show.

In 2011, Princes and John West pledged to phase out the use of purse seine nets and fish aggregation devices (FADs) which are used to attract tuna but can inadvertently lead to the deaths of other marine life such as sharks, rays and turtles. Each company has around a third of the UK market share for tinned tuna.

But internal documents seen by the Guardian show Princes is likely to miss its target and John West is considering reneging on its target. Princes promised to cut out FADs entirely by the end of this year, but less than a quarter of its tuna is caught without FADs according to a document from 2014. John West said it would phase out the devices by 2016, but has privately indicated it wants to re-write its promise and continue using FADs.

Source: The Guardian

 


IN BRIEF - Predatory Fish Have Declined by Two Thirds in the Last Century

UNITED STATES
Wednesday, October 22, 2014

The removal of top predators has been called “humankind’s most pervasive influence on nature,” and it is as detrimental in the sea as it is on land. Consumers prefer predatory fish like grouper, tuna, swordfish and sharks to species lower on the food chain such as anchovies and sardines, providing strong incentives for fishermen to catch the bigger fish. Going after the more valuable predators first, fishing them until there aren’t enough left to support a fishery and then moving on to species lower in the food chain, a pattern sometimes observed in global fisheries, has been called “fishing down the food web.”

 

New research (pdf) by the team that coined the term attempts to determine how severely predatory fish populations have declined worldwide since the start of industrial fishing. Scientists analyzed more than 200 published food-web (interacting food chains) models from all over the world, which included more than 3,000 ocean species. Their results show that in the last century humans have reduced the biomass of predatory fishes by more than two thirds and that most of this alarming decline has occurred since the 1970s.

Source: Scientific American

 


IN BRIEF - Haikui Seafood subsidiary signs relocation agreement with Dongshan authorities

CHINA
Tuesday, October 21, 2014

 

Says its Chinese subsidiary has signed agreement regarding relocation of its existing seafood processing facilities to new Dongshan Marine Biotechnology Industrial Park (relocation agreement)

 

Says based on relocation agreement with local authorities, Haikui Seafood will acquire land use rights for around 13 hectares for construction of new processing plant Source text for Eikon.

Source: Reuters

 


IN BRIEF - Competition Authority Sues Transport Companies

ICELAND
Tuesday, October 21, 2014

 

The Icelandic Competition Authority (ICA) has referred the cases of 11 employees of transport companies Eimskip and Samskip, including CEO of Eimskip Gylfi Sigfússon and CEO of Samskip Pálmar Óli Magnússon, to the Office of the Special Prosecutor for alleged illegal cooperation.

 

They are suspected of having shared customers, maintained high prices and hindered competition on the transport market for years, as reported in a special coverage on RÚV’s news magazine Kastljós last night. Both CEOs maintain their innocence.

About one year ago and again last summer, the ICA raided the facilities of Eimskip, Samskip and their subsidiaries. The two companies control two thirds of the transport market in Iceland and import the majority of consumer products sold in the country.

Source: Iceland Review

 


IN BRIEF - Neptune and BlueOcean Sign Licensing Agreement

CANADA
Tuesday, October 21, 2014

LAVAL, Québec - Neptune Technologies & Bioressources Inc. ("Neptune"), announces the signing of an exclusive world-wide, royalty-bearing, non-transferable, License Agreement ("License") with BlueOcean Nutrascience Inc. ("BlueOcean") under Neptune's composition and extraction patents covering the production and sale of marine derived oil products containing phospholipids. The License allows BlueOcean and its shrimp joint venture affiliate to produce and sell shrimp oil products extracted from three species of North Atlantic cold water shrimp (Pandalus borealis, Pandalus montagui, and Pandalus jordani) in the nutraceutical, dietary ingredients, natural health products, functional food and food supplements markets. The medical food, drugs and drug product markets are not included.

The commercial terms of the License include BlueOcean paying Neptune a minimum yearly cash royalty, and a royalty per unit of product sold. As well, an initial upfront payment will be payable at closing through the issuance of BlueOcean shares. Closing of the transaction is being done at arm's length and is subject to approval of the TSX Venture Exchange. No finder's fee is being paid in connection with this transaction.

 

 

 


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IN BRIEF - Acasti Announces Grant of Stock Options
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IN BRIEF - South Yorkshire producer recalls salmon burgers
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