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Sealord announces a 'stellar year' thanks to good squid season, record Petuna profit (video)

NEW ZEALAND
Friday, December 20, 2019, 23:20 (GMT + 9)

Sealord Group Ltd has reported a net profit after tax of NZD 32.2 million (USD 21.2 million) for its financial year ended September 30, 2019. The result is 32.6% higher than their 2018 result. Revenue increased 4.5% from the prior year to NZD 359.8 million (USD 237.2 million). Sealord Group CEO Steve Yung said, “The group enjoyed a stellar year on the back of strong pricing in both export and domestic markets, a favourable squid season and a record profit year for Petuna Aquaculture, our Tasmanian salmon joint venture.” Following a poor 2018, Petuna’s 2019 result was particularly pleasing. Focus on operational excellence at the hatchery, sea farms and factory promoted strong fish growth, low fish mortalities and provided high-quality product for the sales team. Sealord’s new vessel Tokatu proved her worth catching New Zealand deep-sea spe... FULL STORY

Norway Mowi ASA: Strengthening of Group Management Team Dec 20, 17:20 Mowi has today announced changes to its organisational structure and its Group Management Team in order to inc... FULL STORY		European Union EU's renewed trade warning to Panama sends message to all seafood exporting countries, says EJF Dec 20, 05:00 The EU’s decision this month to re-issue a ‘yellow card’ trade warning to Panama over illega... FULL STORY

United Kingdom Challenging outcome for the Scottish industry Dec 20, 03:30 The traditional end-of-year European Union fishery negotiations have concluded with agreement on a range of qu... FULL STORY		Sri Lanka Seafood exporters have high hopes in new shrimp species Dec 20, 01:30 A new species of shrimp is expected to contribute USD 200 million to the seafood export sector in 2020, Seafoo... FULL STORY

Spain
International contaminated clam trafficking network dismantled in Spain (video)
Dec 20, 22:20
The Civil Guard (local police) has dismantled an international network that introduced illegal clams (Ruditapes philippinarum) in Spain from Portugal.... FULL STORY

United States
Secretary of Commerce orders to close Virginia menhaden fishery (video)
Dec 20, 21:30
On Thursday U.S. Secretary of Commerce Wilbur Ross ordered Virginia’s menhaden fishery, the largest on the East Coast, shut down after Reedville... FULL STORY

South Korea
More squid and less skate were imported from Argentina by November
Dec 20, 18:20
In the first 11 months of 2019, the total volume of fisheries imports from Argentina came to 8,471 tons, down about 29% from 12,069 tons a year ea... FULL STORY

MORE NEWS

Chile Dec 21, 01:50 (GMT + 9):
	IN BRIEF - AKVA group ASA: New Land Based contract

Singapore Dec 20, 00:00 (GMT + 9):
	Adisseo Asia Pacific opens aquaculte R&D centre in Singapore

New Zealand Dec 20, 00:00 (GMT + 9):
	Most New Zealand-flagged fishing ships likely noncompliant with safety standards

Brazil Dec 19, 21:00 (GMT + 9):
	Mar & Terra sold to important tilapia producer from Paraná

Falkland Islands Dec 19, 20:40 (GMT + 9):
	Falklands/Taiwanese/UK companies team up to survey jiggers and improve safety conditions

Belgium Dec 19, 07:10 (GMT + 9):
	IN BRIEF - Brussels fish talks: New quotas will see cod landings cut by half

Peru Dec 19, 04:50 (GMT + 9):
	Seafood landings grew 9.3% in October

Indonesia Dec 19, 04:20 (GMT + 9):
	Proposal to remove baby lobster export ban stirs controversy

European Union Dec 19, 03:30 (GMT + 9):
	IN BRIEF - EU-Gambia Sustainable Fisheries Partnership Agreement

European Union Dec 19, 03:10 (GMT + 9):
	Council secures agreement for 2020 fishing opportunities in the Atlantic and North Sea

Republic of Ireland Dec 19, 02:00 (GMT + 9):
	Irish minister secures sustainable quotas for vulnerable fish stocks

United States Dec 19, 01:00 (GMT + 9):
	Merck Animal Health completes acquisition of leading aquacuture equipment manufacturer

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