IN BRIEF - Valente Paz-Andrade, new Vice President of Ibercisa Deck Machinery
Wednesday, October 09, 2019
At a meeting of the Board of Directors of Ibercisa Deck Machinery held on the 27th September 2019, Valente Paz-Andrade was appointed as the new Vice President of the Company, a position which had remained vacant since the naming of Vicente Casal as President of the Board of Directors in 2018.
Valente Paz-Andrade, Law (University Santiago de Compostela 1991) and MBA (London Metropolitan University) has held a variety of international posts. Amongst them, Managing Director of AET Brazil Maritime Services (Rio de Janeiro), Head of Market Development at AET Inc (Houston) and analyst at LNG Shipping Solutions (London). His present employment is as AVP Business Development and Joint Venture Management at AET Inc.(Houston).
The incorporation of Valente Paz-Andrade as Vice President of Ibercisa Deck Machinery has come about at a moment of expansion and diversification within the Company which has already begun to increase its factory capacity, incorporating new welding and mechanizing installations. Ibercisa operates its own commercial representation on five continents through its recently restructured Sales Department.
On 23 October, Marel announced it signed an agreement to acquire a 50% stake in Curio. Marel has now successfully completed the first phase of the transaction with the acquisition of 40% of Curio shares, as closing conditions have been satisfied. The transaction was finalized on 8 November 2019.
COMPLEMENTARY SOLUTION OFFERING
The acquisition is fully in line with Marel’s strategic objective to be a leading global supplier of advanced standard equipment, full solutions, software and services to the poultry, meat and fish industries. Curio’s product portfolio of heading, filleting and skinning solutions is highly complementary to Marel’s existing portfolio of fish processing solutions and brings Marel closer to becoming a full-line provider to the global fish industry.
The companies have a history of successful cooperation on projects to deliver full-line solutions to customers around the world.
The transaction is conducted in two phases; 40% at closing and the additional 10% on 1 January 2021. Marel has an option to acquire the remaining 50% of shares in four years.
The bid is not entirely unexpected as Bakkafrost CEO Regin Jacobsen suggested as much in September, when the sale to the Faroese salmon farmer was first announced. But it has probably come sooner than expected.
Initially, Bakkafrost purchased 68.6 per cent of the shares from the investment fund Northern Link, the then majority owners, for £517 million. Since then, the holding has been increased to just over 80 per cent.
At the weekend it declared that it will make a mandatory bid for all the shares it does not currently own.
When it comes to innovation, Australian seafood businesses are making waves – globally.
Seven Australian seafood companies battled their way past fierce global competition for the opportunity to pitch to investors at a competitive Silicon Valley pitch session – the Fish 2.0 Global Innovators Forum – which took place last week.
The Fish 2.0 Global Innovators forum is a two-day event where Fish 2.0 top scorers can present their solutions to a panel of investors. The top scorers are businesses who have made it through several competitive stages during the preceding year.
PONTIAN - Fishermen who are found to intentionally leave behind their fishing nets in the sea and become ghost nets will face stern actions, said Agriculture and Agro-based Industry Minister Datuk Seri Salahuddin Ayub.
He said the irresponsible act of some fishermen could disturb and kill marine life.
"Ghost nets is not a new issue. Those who are found to violate the terms (of fishing), will face legal actions.
“I will use my discretion and existing regulations, but for repeat offenders, there is no forgiveness,” he told reporters after attending a session with fishermen at Kampung Sungai Chengkeh, some 35 minutes away from Pontian town, today.
Nigeria imports 900,000 metric tonness of fish out of the 1.5 million metric tonnes consumed annually, a top government official said at the weekend.
Director of Water Supply and Public Private Partnership in the Federal Ministry of Water Resources, Mr. Benson Ajisegiri, who stated this, added that in spite of the huge availability of water in the country, Nigeria is rated as one of the poorest countries in terms of water supply as a result of lack of investment and proper management.
He explained that the 264 dams in the country were grossly under utilised and poorly managed.
A new report on seafood jobs in Alaska notes that fishery harvest employment declined by 4.9 percent in 2018, erasing most of the gains seen a year earlier.
That total decline of about 407 average annual jobs brought the state’s overall employment in harvesting down to 7,924 posts, wrote state labor economist Joshua Warren in the November edition of Alaska Economic Trends, a publication of the Alaska Department of Labor and Workforce Development.
Salmon fisheries statewide lost 7.2 percent, or 328 jobs, over a year earlier, the major exception being Bristol Bay, where employment approached a decade high of 1,148, Warren said. Groundfish harvesting employment, which spiked a year earlier, dropped back to its previous level of about 1,195. Despite the 9.1 percent, or 120 job drop in groundfish jobs, 2018 total employment for that sector remained high relative to past years.
WELLFLEET - Hard on the heels of the town’s friendly taking of HDYLTA Trust flats and beach, Outer Cape shellfishermen met with state Rep. Sarah Peake, D-Provincetown, and state Sen. Julian Cyr, D-Truro, Friday to discuss threats to the future of the industry.
“We care about the industry, we know many of the people, and are willing to go to bat for you,” Cyr told a standing room only crowd in Preservation Hall.
The Wellfleet Shellfishermen’s Association hosted the meeting, which shellfishermen from other Cape towns were invited to attend and participate in.
Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – opens an Innovation & Test center for decanters in Søborg, northwest of Copenhagen, Denmark, to strengthen the company's global position within food and water, which are two important growth areas for the company.
The purpose of the new Innovation & Test center is to develop, test and optimize the next generation of decanters and be a global knowledge hub for food and water applications. The center will be located at Alfa Laval’s site in Søborg – and as a first step, cover 2,000 square meters.
Snow crab sold for world record USD 46,000 Japan
A snow crab caught off Tottori Prefecture was sold for a record JPY 5 million (USD 46,000) at auction, the local fisheries association said Thursday.
The value paid in the auction is actually a &qu...