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IN BRIEF - Marine Harvest ASA: EUR 375 million Convertible Bond Agreement 2014/2019 ISIN NO 001 0710395 - Conversion of bonds

NORWAY
Saturday, May 20, 2017

Reference is made to the stock exchange release issued on 11 May 2017, where Marine Harvest announced that bondholders representing an aggregate principal loan amount of EUR 353,900,000 under the EUR 375 million five year convertible bond issued by Marine Harvest in 2014, maturing on 6 May 2019 (ISIN NO 001 0710395) had elected to convert their bonds into shares.

The conversion has now been completed and Marine Harvest's share capital has been increased by NOK 284,004,285 through the issuance of 37,867,238 new shares. The share capital increase was registered in the Norwegian Register of Business Enterprises on 19 May 2017 and following such registration Marine Harvest ASA has a share capital of NOK 3,676,258,327.50 divided into 490,167,777 shares each with a par value of NOK 7.50.

Following the conversion, the entire outstanding principal amount under the EUR 375 million five year convertible bond issued by Marine Harvest in 2014, maturing on 6 May 2019 (ISIN NO 001 0710395) has been converted to equity.

Press Release: Marine Harvest


IN BRIEF - Oregon, California governors seek salmon disaster aid

UNITED STATES
Friday, May 26, 2017

PORTLAND, Ore. — Oregon Gov. Kate Brown and California Gov. Jerry Brown are seeking a federal disaster declaration to help salmon fishermen enduring a second bad year in a row.

A record-low number of fall-run Chinook salmon returning to the Klamath River has led to fisheries restrictions, including the cancellation of the season along a large stretch of coastal southern Oregon and Northern California.

In letter dated Wednesday, the governors asked Secretary of Commerce Wilbur Ross for an expedited declaration of a catastrophic regional fishery disaster, a move necessary for fishing businesses to request federal assistance.

The letter asserts that Oregon’s commercial ocean salmon fisheries are projected to earn 63 percent less revenue than what they averaged from 2012-16. California fisheries are expected to make 72 percent less.(AP)


IN BRIEF - MSC label for Greenland halibut fishery

ICELAND
Friday, May 26, 2017

This is the first MSC certified Greenland halibut (Reinhardtius hippoglossoides) fishery in the world and represents half of the total allowable catch (TAC) of the stock.

“The Greenlandic fishery client, SFG has made tremendous effort in getting key fisheries certified against the MSC standard,” said Gisli Gislason, MSC senior programme manager for Iceland, the Faroes and Greenland.

“That applies for both their prawn, lumpfish and now the Greenland halibut fishery. By getting this certified as sustainable and well managed against the MSC Standard we hope it will be well received in the global markets, both in Europe and Asia.”

Sustainable Fisheries Greenland (SFG) entered the fishery into MSC assessment in March 2016 and the fish can now be sold globally carrying the blue MSC label


IN BRIEF - Expert report warns of 'overwhelming threat' to KI abalone farm

AUSTRALIA
Friday, May 26, 2017

A deep-sea timber port planned for Smith Bay on Kangaroo Island's northern coast would likely kill a nearby abalone farm's entire stock and ruin its business, a marine biologist says.

An environmental report by Dr Paul McShane says a deep-sea port – proposed by Kangaroo Island Plantation Timbers (KIPT) – poses an “overwhelming threat” to Yumbah Aquaculture’s abalone farm in Smith Bay, and risks undermining the pristine marine ecology of the bay.

McShane’s report says large quantities of sediment from the construction and operation of the port pose “an unacceptable risk to the viable operation of the abalone farm that cannot be effectively mitigated either during construction or continuing operation”.

Source: IN Daily


IN BRIEF - Shrimp exporters to move US trade body for full waiver of anti-dumping duty

UNITED STATES
Friday, May 26, 2017

Indian seafood exporters will move the United States International Trade Commission (USITC), a quasi-judicial federal agency with broad investigative responsibilities on matters of trade, for complete waiver of anti-dumping duty after five years.

Recently, the commission had voted against revoking the existing anti-dumping duty orders on imports of frozen warm water shrimps from India jolting the USD 4.7 billion seafood industry here.

It also voted to extend the anti-dumping orders on shrimp imports for five more years on shrimp from China, India, Thailand and Vietnam.

Source: Business Standard


IN BRIEF - NZD 30.5m boost to fisheries management

NEW ZEALAND
Friday, May 26, 2017

 

A significant boost of NZD 30.5 million of operating funding over the next four years in Budget 2017 will upgrade and modernise the fisheries management system, including the roll-out of cameras, monitoring, and electronic reporting on all commercial vessels, Primary Industries Minister Nathan Guy says.

“This funding will help introduce the world-leading Integrated Electronic Monitoring and Reporting System (IEMRS), which will give us arguably the most transparent and accountable commercial fishery anywhere in the world,” Mr Guy says.

Source: Scoop


IN BRIEF - Value of fishing in Scotland reaches record high

UNITED KINGDOM
Friday, May 26, 2017

The value of Scotland’s fishing industry has reached a record high ahead of the Brexit negotiations which will determine its future.

Fish landings in 2016 increased in value by 29 per cent to GBP 563 million, according to official statistics published on May the 24th 2017.

The increase was mainly driven by a 41 per cent increase in the value of landings for pelagic fish like herring and mackerel.

Bertie Armstong, chief executive of the Scottish Fishermen’s Federation, said the figures were “very encouraging”.

Source: Scotsman


IN BRIEF - Shrimp season begins in S.C.

UNITED STATES
Friday, May 26, 2017

CHARLESTON, SC (WCSC) - Commercial shrimp trawling will open in all legal South Carolina waters at 8 a.m. Wednesday May 2017, officials with the South Carolina Department of Natural Resources say. 

The agency's biologists are cautiously optimistic about the coming season. 

"So far we've seen indications that it should be a good year," Mel Bell, director of SCDNR's Office of Fisheries Management, said. "Of course, after establishing the opening date, based on the condition of the resource, we have no control over how things will go. The success of the season will be up to the hard work of the fishermen and the environmental conditions they encounter throughout the year."

Preceded by a record fall flooding event and bookended by two abnormally warm winters, commercial trawlers netted just shy of two million pounds with a USD 7.8 million dockside value in the 2016 shrimp season. In 2015, they harvested USD 8.5 million.

Source: Live 5 News


IN BRIEF - Coastal lawmaker wants to create fish farming industry in NC

UNITED STATES
Friday, May 26, 2017

RALEIGH, N.C. - A proposal moving through the state Senate calls for leasing waters off the North Carolina coast so people can farm fish.

Senate Bill 410 would allow people to lease from 100 to 1,500 acres in the state's sounds and the Atlantic Ocean, where they could build underwater pens to raise various species of fish that they could later sell to supermarkets and restaurants.

"We're creating an industry here," sponsor Sen. 

Bill Cook, R-Beaufort, told members of the Senate Finance Committee this week. "This is not something we're doing in North Carolina. This will allow us to do fish farming and bring in some big bucks."

Source: WRAL


IN BRIEF - New England fisheries group considers banning lobster boats from a portion of Gulf of Maine

UNITED STATES
Friday, May 26, 2017

MAINE - A New England fisheries management group is considering changes to regulations regarding lobstering in an area of the Gulf of Maine.

The New England Fishery Management Council is considering whether lobster traps should be kept off of coral within a 18-square-mile portion of the Gulf in order to protect habitat for other marketable fish stock.

According to a report in the Portland Press Herald, the move could jeapardize a USD 4 million dollar portion of the state's lobster fishery, an amount taken by more than 100 lobster boats.

Source: NH1 Motors


IN BRIEF - Alaska Pollock and Cod Fisheries - Notice of Stakeholder Registration for Alaska RFM Re-Assessment

UNITED STATES
Friday, May 26, 2017

Certification Body, DNV GL, is conducting stakeholder registration for the re-assessment of the Alaska pollock and cod fisheries for the Alaska Responsible Fisheries Management (RFM) Certification Program.
 
This notice is to advise any parties (individuals or organizations) interested in providing input to the re-assessments to register with DNV GL, providing the following details to Anna Kiseleva at [email protected] or +47 993 18 529:

1. Name and company, together with contact information;
2. Your association with the fishery;
3. The issues you would like to discuss; 
4. Suitable venue and time for a meeting (if you would like to meet with the assessment team).

Press Release: Alaska Responsible Fisheries Management


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May 26, 19:00 (GMT + 9):
IN BRIEF - MSC label for Greenland halibut fishery
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May 26, 19:00 (GMT + 9):
IN BRIEF - Oregon, California governors seek salmon disaster aid
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May 26, 04:00 (GMT + 9):
IN BRIEF - New England fisheries group considers banning lobster boats from a portion of Gulf of Maine
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May 26, 04:00 (GMT + 9):
IN BRIEF - Coastal lawmaker wants to create fish farming industry in NC
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IN BRIEF - Shrimp season begins in S.C.
United Kingdom
May 26, 04:00 (GMT + 9):
IN BRIEF - Value of fishing in Scotland reaches record high

Lenguaje
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FAO -Food and Agriculture Organization- Fisheries and Aquaculture Department (Headquarter)
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Leardini Pescados Ltda
Mitsubishi Corporation Marine Products Depts. D.Team
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Natori Co., Ltd.
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