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IN BRIEF - Pingtan Marine Enterprise Announces Preliminary 2017 Second Quarter Financial Results; EPS Expected to be between USD 0.08 and USD 0.10

CHINA
Tuesday, July 18, 2017

FUZHOU - Pingtan Marine Enterprise Ltd., a global fishing company based in the People's Republic of China (PRC), announced on July the 17th of 2017 preliminary financial results for the second quarter ended June 30, 2017. The Company expects to report earnings per ordinary share between USD 0.08 and USD 0.10 during the period. Pingtan currently owns/controls 140 vessels with 36 currently operating, 12 of which are in the Bay of Bengal in India, 13 in Indo-Pacific Waters, and 11 in international waters.

Mr. Xinrong Zhuo, Chairman and CEO of the Company, commented, "We are very pleased with the increased number of operating vessels deployed during the past twelve months and the increase in the sales volume of various catch species. We benefitted from having a considerable portion of our revenue from the sales of these fish products, which not only led to a favorable bottom line, but also is a strong indicator of both continued demand in China and continuity of our deliveries. We are confident Pingtan will continue to deliver favorable financial performance and operating results."

Source: PR Newswire


IN BRIEF - UWM researchers trying to put more perch on your table

UNITED STATES
Wednesday, August 23, 2017

They are a favorite choice of the classic Wisconsin fish fry. They are also slow growers, finicky eaters and poor survivors.

Now, the University of Wisconsin-Milwaukee School of Freshwater Sciences is trying to bridge that inherent contradiction in perch.

The school is continuing to refine methods of aquaculture, or fish farming, to make it profitable. Aquaculture is likely the best option for getting more perch on dinner plates.

Further, the Fund for Lake Michigan has awarded $100,000 to the UWM Great Lakes Genomics Center — part of the Freshwater Sciences School — to sequence the DNA of perch and two other species. The idea is to develop ways to improve their health.

Source: JS Online


IN BRIEF - New facilities to develop aquaculture in Laos

LAOS
Wednesday, August 23, 2017

 

Several new facilities that will help increase fish production in Laos and improve the livelihoods of people engaged in fishing are being built under a project for Strengthening Research and Development of Fisheries and Aquaculture.

The construction was launched last week by the Deputy Minister for Agriculture and Forestry, Dr Phouangparisak Pravongviengkham, and the Ambassador of Japan to Laos, Mr Takeshi Hikihara, along with officials from various departments and district representatives.

The structures will provide facilities and equipment for the Namxuang Aquaculture Development Centre and the Living Aquatic Resource Research Centre in Naxaithong district of Vientiane.

Source: Vientiane News


IN BRIEF - Don Cuddy: Blue Harvest a major new presence among city fish houses

UNITED STATES
Wednesday, August 23, 2017

New Bedford is the top-grossing fishing port in the United States and has been since 1999; an enviable record and a tribute to the vision and expertise of all those involved in sustaining an industry that is constantly evolving. While industry momentum has not flagged, the players come and go as markets shift, regulations change and fish stocks rise or fall.

Seafood processor Blue Harvest Fisheries is a big presence on the waterfront today yet the company was unknown in the city until relatively recently. So last week I had a chat with CEO and Acushnet native Jeff Davis, a 30-year veteran of the seafood industry, to learn more about Blue Harvest and all that they do.

The company was established in 2015 with the purchase of a fleet of eight scallop boats fishing out of Newport News, Virginia. After a successful initial year they came on the scene locally with the purchase, in April 2016, of Harbor Blue in Fairhaven which added another seven vessels to their fleet.

Source: South Coast Today


IN BRIEF - Calls for salmon farms to stop seal relocations to North-West Coast

AUSTRALIA
Wednesday, August 23, 2017

The North-West Coast should not be used as a dumping ground for destructive seals relocated from fish farms, says Liberal MP Adam Brooks.

Renewing recent calls for salmon producer Tassal to end seal relocations, the Braddon MHA said the salmon industry’s problem with the marine mammals should not be inflicted on commercial and recreational fishers in the region.

He said he planned to raise the issue with Primary Industries Minister Jeremy Rockliff and Environment Minister Matthew Groom.

Salmon producer Tassal relocated more than 2000 seals from its southern farms last financial year.

Source: Mercury


IN BRIEF - TASA announces Mr.Gonzalo de Romaña as new CEO

PERU
Tuesday, August 22, 2017

Lima - TASA, the worlds’ leading producer and exporter of fish meal and fish oil, is delighted to announce the appointment of Gonzalo de Romaña as its new CEO, effective September 1st 2017. De Romaña will be replacing Carlos Pinillos, who announced in march his decision to stepdown as CEO of the company in order to pursue personal goals, ending a 31-year career at BRECA Group, 15 of them leading TASA.

In order to facilitate the transition process, Pinillos will continue in the company as an Executive Advisor until October.

De Romaña knows the fishing industry very well, he was CFO of TASA between 2010 and 2014. He left TASA and took the position of General Manager of CENTRIA, a Service and Administration company of BRECA Group, and in 2016 he assumed the position of CEO of Hoja Redonda an agroindustrial company of BRECA as well. Both companies that he ran after leaving TASA had excellent performance demonstrated by their results during the past three years.

Before entering TASA, De Romaña was the Financial Director of Duke Energy for Central America. He has a bachelor in Business Administration from the Universidad de Lima, and has an MBA from the Ross School of Business of the University of Michigan.


IN BRIEF - Salmon sales surge as UK food exports hit record high

UNITED KINGDOM
Tuesday, August 22, 2017

Sales of British salmon helped the UK to export a record value of food and drink in the first half of the year, according to industry figures.

Exports of the fish jumped more than 53% by value to GBP 408 million, the Food and Drink Federation (FDF) said.

UK food and drink exports rose 8.5% to GBP 10.2 billion, helped by the fall in the pound after last year's Brexit vote.

But the FDF warned that without a favourable Brexit trade deal, British exports could become less competitive.

Source: BBC


IN BRIEF - New fish-feeds factory boosts production, lowers imports

RWANDA
Tuesday, August 22, 2017

The cost of fish feed has reduced by half, from about RWF 1,500 to  RWF 800, thanks to a new fish feed factory that has started operations in the country.

The factory, located at Kigali Special Economic Zone (KSEZ), has capacity to produce about 700 kilogrammes of feed per hour, and is expected to boost fish farming in the country.

The plant will save farmers from the difficulties they have been facing in importing fish feeds.

Local fish farmers have been importing feeds from Israel, Germany, Mauritius, and Uganda, and they say this was costly because of freight charges.

Source: New Times


IN BRIEF - Low salmon returns in the Fraser River mean few fishery openings

CANADA
Tuesday, August 22, 2017

Fraser River salmon returns for 2017 have been very low.

The fish heading up-river to spawn are significantly below forecast levels, so that means limited fishing opportunities for everyone.

Following conservation in terms of DFO priorities is providing Indigenous communities with food, social and ceremonial (FSC) fishery openings, which have been few so far in 2017.

"It is challenging," acknowledged Jennifer Nener, DFO Pacific Region's director of salmon management, on a conference call to offer an in-season update on Fraser salmon with West Coast media on Friday.

Complaints about the lack of recreational openings for chinook salmon have been received by DFO in the wake of its cautious management adopted for conservation reasons.

Source: BC Local News


IN BRIEF - Angola to resume export of canned fish

ANGOLA
Tuesday, August 22, 2017

Angola is due to start exporting canned fish to the European market following the inauguration on Friday in the municipality of Tômbwa, Namibe province, of two new units for canning, freezing and preserving fish, according to the Angolan press.

Pes-Sul, the unit for production of canned fish, has two processing lines and daily production of 125,000. Its owners are considering setting up a line to produce fish paste later this year.

The Minister of Fisheries, Vitória de Barros Neto, noted that the recovery of this unit allows Angola to have canned fish produced in the country again and in the medium term to start exporting to markets such as Europe, “where our canned fish previously had a presence.”

Source: Maca Hub


IN BRIEF - Arctic voyage finds global warming impact on ice, animals

NEW ZEALAND
Tuesday, August 22, 2017

VICTORIA STRAIT, Nunavut - The email arrived in mid-June, seeking to explode any notion that global warming might turn our Arctic expedition into a summer cruise.

"The most important piece of clothing to pack is good, sturdy and warm boots. There is going to be snow and ice on the deck of the icebreaker," it read. "Quality boots are key."

The Associated Press was joining international researchers on a month-long, 10,000 kilometer (6,200-mile) journey to document the impact of climate change on the forbidding ice and frigid waters of the Far North. But once the ship entered the fabled Northwest Passage between the Atlantic and the Pacific, there would be nowhere to stop for supplies, no port to shelter in and no help for hundreds of miles if things went wrong. A change in the weather might cause the mercury to drop suddenly or push the polar pack into the Canadian Archipelago, creating a sea of rock-hard ice.

Source: NZ Herald


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