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IN BRIEF - Mowi ASA: Exercise of senior executive share options/purchase of own shares

NORWAY
Monday, June 17, 2019

The Board of Directors of Mowi awarded 1.175 million options under its senior executive share option scheme with effect from 2015 to the current participants in the option scheme. The option scheme forms an important part of Mowi's long-term remuneration policy for such senior executives. The number of options shall be reduced if the profit through exercise of options in a year exceeds two times the fixed annual salary of the option holder. Accordingly, the number of options has been reduced to 485,743 options to comply with this provision.

On 17 June 2019, participants in Mowi's senior executive share option scheme exercised 485,743 options in Mowi, corresponding to 485,743 shares at a strike price of NOK 77.52 per share.

On the same date Mowi purchased 485,743 own shares at a price of NOK 203.81 per share to settle its obligation to deliver the shares. The shares were purchased in accordance with the authorisation granted at the annual general meeting on 29 May 2019. Following these transactions Mowi still holds zero treasury shares.

PRESS RELEASE: MOWI


IN BRIEF - Global Fish Processing Market 2019-2025 Pelagia, Leroy, Pescanova, Maruha Nichiro, Thai Union

WORLDWIDE
Tuesday, July 16, 2019

Global Fish Processing Market 2019-2025 report deals with end customers to grasp in progress industry trends, Fish Processing market growth, strategies, threats, cost, overview, producing, and foresight trends, trading, cost, chance factors. The Fish Processing have complete info for the method as well as an summary by participants within the industry by outlook.

Global Fish Processing Market 2019 analysis have current study and addition to the potential feature of the market primarily depends upon the facet of the business which compete on the current market, high factors and appropriated analysis. This includes all of this global Fish Processing market, that organize from the very important market statistics and increasing a lot of to numerous important criteria, an area with this, the Fish Processing market is segmented.

Source: Rise Media


IN BRIEF - Norwegian company brings innovative fishing gear to Nova Scotia’s waters

CANADA
Tuesday, July 16, 2019

A Norway-based company is bringing a fishing device to Nova Scotia that it says will reduce the amount of lost fishing gear in the water.

ResQunit CEO Helge Tretto Olsen says its flotation device that attaches to gear such as lobster traps and crab pots has features that will allow for owners to find them.

“After a certain amount of days there is a cotton twine that dissolves and the flotation device floats to the surface,” says Olsen.

Source: Global News


IN BRIEF - Japanese longliner on fire, Indian ocean

JAPAN
Tuesday, July 16, 2019

Japanese fishing vessel MYOJIN MARU NO.8 on Jul 16 was reported on fire, drifting in Indian ocean, W of Australian West Coast. No other information available at the moment.

Longliner MYOJIN MARU NO.8, IMO 9810771, GT 479, built 2016, flag Japan.

Source: Maritime Bulletin


IN BRIEF - Drive to check fishing of small Hilsa

INDIA
Monday, July 15, 2019

Kolkata - West Bengal Housing and Infrastructure Development Corporation (Hidco) will start a campaign from next Saturday to dissuade people from eating khoka or small Ilish (hilsa) and urge them to eat the large variety.

The Ilish festival will be observed from July 20 at Café Ekante in Eco Park and the Biswa Bangla Gate where the Hidco authorities will campaign with the slogan Eat Large, Save Small" to ensure that the Hilsa fish are allowed to grow to full size.

Source: Millenium Post


IN BRIEF - An app for fishermen to identify banned species

INDIA
Monday, July 15, 2019

Fisherfolk in Ras Al Khaimah will now know if the fish they caught must be returned into the water - thanks to a new smart app that can detect 21 types of banned fish.

Launched by the Ras Al Khaimah Fishermen Society recently, the app is called 'Augmented Reality Measurement' and it can be easily downloaded on mobile phones and other smart devices.

"It runs even without an Internet connection, so fishermen can use it while they are out in the sea. It helps fishermen measure their catch and put the banned fish they caught back into the water," said Humaid Al Zaabi, deputy chairman of the society.

Source: Khaleej Times


IN BRIEF - Fish stocks double after launch of Kenya Coast Guard Services

KENYA
Monday, July 15, 2019

The country has doubled its fish stocks since the launch of the Kenya Coast Services Guards six months ago, reports show.

According to records in Liwatoni, Mombasa County, the stock has increased by 155,000 tonnes after the KCGS and international security teams stopped illegal fishing vessels from operating in Kenyan waters.

More than 400,000 tonnes of fish have landed at Liwatoni Fisheries Complex since the facility was reopened and KCSG launched in November.

Source: Daily Nation


IN BRIEF - Poor haul of fish feared if rain fails in Karnataka

INDIA
Monday, July 15, 2019

MANGALURU - Climate change, especially reduced rainfall can have adverse impact on fish and fisheries. Lack of rainfall accompanied with high temperatures would be extremely detrimental to several fish species as it affects the primary productivity, thereby impacting the entire life cycle of the fish and fisheries, observed Dr A Senthil Vel, Professor and Dean, College of Fisheries and Dr Lakshmipathi, Professor, Department of Aquatic Environment Management. 

Source: Times of India


IN BRIEF - 500 Species Of Fish Change Sex In Adulthood: Researchers

UNITED STATES
Monday, July 15, 2019

WASHINGTON - Five hundred species of fish change sex in adulthood, often in response to environmental cues, researchers have found.

"I've followed the bluehead wrasse for years because sex change is so quick and is triggered by a visual cue. How sex can reverse so spectacularly has been a mystery for decades. The genes haven''t changed. So it must be the signals that turn them off and on," said Prof Jenny Graves, one of the researchers of the study.

Bluehead wrasses live in groups, on coral reefs of the Caribbean. A dominant male with a blue head protects a harem of yellow females. If the male is removed, the biggest female becomes male in just 10 days. She changes her behavior in minutes and her color in hours. Her ovary becomes a testis and by 10 days it is making sperm.

Source: NDTV


IN BRIEF - Northern Sask. fish processing plant closes 4 years after opening

CANADA
Monday, July 15, 2019

One of northern Saskatchewan's only fish processing plants has shut down.

Wollaston Lake Fishery operated a plant in Wollaston Lake and a store in Prince Albert called Northern Wild Fishery.

The company ceased operations earlier this week.

The end result is 25 jobs lost — 20 at the plant in Wollaston Lake and five more at the store in Prince Albert.

Most of the people affected are members of the Hatchet Lake Denesuline First Nation.

Source: CBC


IN BRIEF - A fish tag that knows it's been eaten is helping endangered Atlantic salmon

CANADA
Monday, July 15, 2019

New tracking devices inserted into Atlantic salmon reveal that up to 48 per cent of the critically endangered fish are being eaten while leaving Nova Scotia's Stewiacke River on their ocean migration.

The insight is the result of acoustic tags that can tell when a tagged fish has been eaten.

"It certainly is high, and it's somewhat higher than some work that was done by some colleagues of mine about 10 years ago using similar tags, but without the predation detecting capability," says David Hardie, a marine biologist with the Department of Fisheries and Oceans.

Source: CBC


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