Welcome to FIS   Sponsored By
United States
Subscribe to FIS | Register with FIS | Advertise with FIS | Newsletter | About FIS | Contact us
   


Harvesting salmon at a Norwegian slaughtering facility. (Photo: Odin Hjellestad)

Norway's aquaculture ceiling considered a violation of EEA

EUROPEAN UNION
Friday, July 13, 2012, 03:00 (GMT + 9)

The Norwegian ban on controlling more than 25 per cent of fish farming concessions is in breach of the fundamental European Economic Area (EEA) rules, according to a letter of formal notice sent by the European Free Trade Association (EFTA) Surveillance Authority to Norway this week.

Norwegian law states that acquisitions leading to majority control of more than 15 per cent of the total number of salmon and trout farming concessions are subject to prior authorisation of the Ministry of Fisheries and Coastal Affairs. Acquisitions leading to majority ownership of more than 25 per cent of the concessions are outright banned.

Since these obstacles hinder or even make impossible business structures above a certain size, the establishment of businesses in Norwegian aquaculture becomes relatively unattractive. The Authority therefore contends that the freedom of establishment has been infringed upon.

While the Authority acknowledges that regional policy objectives may justify certain restrictions, Norway has been unable to show that the ownership obstacles are appropriate and necessary to achieve the legitimate objectives. Achieving a particular industry structure such as a certain mix between small, medium and bigger businesses is a purely economic objective which does not justify restrictions to the fundamental freedoms of the aquaculture industry, the Authority argues.

Issuing a letter of formal notice is the first stage of the infringement process, giving Norway a two-month deadline to offer its observations. The Authority will afterward consider, in light of any observations received, delivering an opinion.

Norway exported more than USD 5 billion worth of salmon in 2011, two-thirds of which were sold to other European countries.

Analysts consider the news beneficial for Marine Harvest, the world's biggest Atlantic salmon producer, which is producing higher amounts of salmon this year, Reuters reports.

"This is a great victory for Marine Harvest, which can be a part of consolidation in Norway," Kolbjoern Giskeoedegaard, an analyst at Nordea, said.

Martha Grindaker, a spokesperson at Marine Harvest, said the company had expected ESA's decision.

"We see no reason why we as an industry should be regulated more stringently or differently in this area than in other industries," she added.

The EFTA Surveillance Authority monitors compliance with EEA rules in Iceland, Liechtenstein and Norway, enabling them to participate in the European internal market. The Authority’s job is to protect the rights of individuals and market participants who find their rights violated by rules or practices of the EFTA States or companies within those states.

By Natalia Real
editorial@fis.com
www.fis.com


 Print


Click to know how to advertise in FIS
MORE NEWS
Chile
Aug 30, 00:30 (GMT + 9):
Fundacion Chile encourages 'aquaculture analytics intelligence' development
New Zealand
Aug 29, 22:20 (GMT + 9):
NZ King Salmon plans to launch IPO and dual listing
United Kingdom
Aug 27, 01:40 (GMT + 9):
SSC achieves higher profits despite lower salmon yields
United States
Aug 26, 23:50 (GMT + 9):
Sustainable 'shrimp' developed from algae
Turkey
Aug 26, 22:40 (GMT + 9):
BioMar-Sagun new feed factory to further develop Turkish aquaculture
Norway
Aug 26, 21:30 (GMT + 9):
Salmon price status at week 33
Chile
Aug 26, 02:40 (GMT + 9):
Aquaculture segment boosts Agrosuper’s profits
France
Aug 26, 02:00 (GMT + 9):
Carrefour to start selling ASC certified salmon
Chile
Aug 25, 23:50 (GMT + 9):
Best salmon prices offset Camanchaca’s fishing losses
Norway
Aug 24, 23:10 (GMT + 9):
Norway Royal Salmon reports another quarter with record high operational EBIT
Faroe Islands
Aug 24, 03:00 (GMT + 9):
Bakkafrost achieves slight growth despite VAP segment losses
United Kingdom
Aug 24, 01:30 (GMT + 9):
University and genetic leader firm strengthen collaboration in aquaculture research
Canada
Aug 22, 23:30 (GMT + 9):
First Nation claims Cermaq must invict aquaculture centre
Chile
Aug 19, 23:20 (GMT + 9):
Salmones Humboldt and Cermaq evaluate merger
Australia
Aug 19, 23:00 (GMT + 9):
Tassal maintains upward trend despite 'challenging operating conditions'



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Omega-3 injection may reduce stroke-like brain damage
United States A team of researchers from Columbia University Medical Center (CUMC) has concluded that omega-3 fatty acids found in oils extracted from cold-water fish may reduce brain damage.
Study predicts alarming krill drop by end of the century
United States Antarctic krill (Euphausia superba) habitat is undergoing a continuous deterioration process, which could lead to a reduction of up to 80 per cent by the end of the century.
New toxic microalgae species causing ciguatera discovered
Spain Researchers at the Spanish Institute of Oceanography have discovered a new toxic microalgae species, a dinoflagellate of the genus Gambierdiscus.
China leads worldwide seafood demand, states Japanese entrepreneur
Japan Despite China's slowing economy, the world's most populous country has an insatiable appetite for fishery products, according to Japanese seafood company Maruha Nichiro president.
 
Maruha Nichiro Corporation
Nichirei Corporation -Headquarter-
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation -Wartsila Group Headquarter-
ITOCHU Corporation -Headquarter-
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Nueva Pescanova, S.L. - Group Headquarters
Sea Harvest Corporation (PTY) Ltd.
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
Blue Continent Products (Pty) Ltd - (Oceana Group Limited)
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods Inc. -Headquarter-
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
Food Project (Siam) Co., Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO -Food and Agriculture Organization- Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Omega Protein Corporation -Headquarter-
Marona S.A.
Marine Harvest ASA - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. -Headquarter-
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
Mitsubishi Corporation Marine Products Depts. D.Team
CJ Corporation  -Holding Headquarter-
Greenpeace International - The Netherlands
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
Ocean Trawlers Group - Ocean Trawlers HK Ltd.
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation -Headquarter-
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart / Wal-Mart Stores, Inc. (Supermarket) -Headquarter-
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
INVE Group - Head Office
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
Morpol ASA - Group Headquarters
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2016 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER