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IN BRIEF - The rigging of data is the latest scandal on Chilean salmon farms

CHILE
Wednesday, August 07, 2019

This salmon farming company is situated on the southern tip of Chile under the name Nova Austral. The company is able to say that its antibiotic salmon are free.

This is a big sale. Many consumers of farmed salmon are put up on antibiotics. So the type of antibiotic-free premiums can get as much as 30% over the regular things in international markets. (Salmon caught in the wild are still much more than four times collected on the farm.) 

Source: Newsy Today


IN BRIEF - Fish Factor: Trade war with China hit US seafood industry hard

UNITED STATES
Wednesday, August 07, 2019

It’s been one year, so how’s that trade war with China working out for the nation’s seafood industry? 

As with farmers, there’s not much winning and ongoing tweeted skirmishes have global fish markets skittish.

The quick take is the 25 percent retaliatory tariff imposed by China on US imports last July caused a 36 percent drop in US seafood sales, valued at USD 340 million, according to an in-depth analysis of Chinese customs data by Undercurrent News.

Source: The Cordova Times


IN BRIEF - Krill oil Market Set to Massive Growth Revenues by 2026

UNITED KINGDOM
Tuesday, August 06, 2019

Krill oil is oil from a tiny, shrimp-like animal. Baleen whales, mantas, and whale sharks eat primarily krill. In Norwegian, the word “krill” means “whale food.” People extract the oil from krill, place it in capsules, and use it for medicine. Some brand name krill oil products indicate that they use Antarctic krill. This usually refers to the species of krill called Euphausia superba.

The omega-3 fatty acids in fish oil have various potential health benefits, one of which is aiding weight loss. More importantly, fish oil omega-3s may help you lose inches and shed body fat. However, studies have found these effects appear to be modest, and they may not apply to everyone.

Source: Boscalicious


IN BRIEF - Longtime Bellingham fish processor to close portion of operation and reduce staff

UNITED STATES
Tuesday, August 06, 2019

A longtime seafood processor is shutting down a part of its operations, resulting in the layoff of about 40 workers.

Bornstein Seafoods CEO Colin Bornstein said that the business is closing the groundfish processing portion of its Bellingham operations later this month. It will keep its value-added albacore tuna operations intact, which employs about 25 people.

The decision to close the groundfish processing portion was because of changing regulations and commercial fishing fleet consolidations, Bornstein said. Much of the groundfish now comes from Oregon waters, closer to three Bornstein Seafoods processing plants. He noted that it costs more time to have the groundfish taken to Bellingham for processing.

Source: Bellingham Herald


IN BRIEF - Funding for marine economy

UNITED KINGDOM
Tuesday, August 06, 2019

Sea fisheries and processing businesses are to share more than GBP 5.6 million aimed at increasing growth and creating local jobs.

The eighth round of the European and Maritime Fisheries Fund (EMFF) includes GBP 1.3 million for Seafood Scotland to help it maximise key export markets and GBP 1.35 million for J K Thomson in Musselburgh to support the construction of a new processing factory.

Source: Gov Scot


IN BRIEF - NZ Coastal Seafoods makes ASX debut

NEW ZEALAND
Tuesday, August 06, 2019

Christchurch-based seafood processor New Zealand Coastal Seafoods has listed on the ASX after a reverse takeover of bankrupt cloud television company xTV Networks.

At 1148 AEST, NZS shares were trading at 2.4 cents after raising $5 million in an initial offering at 2.5 cents a share.

Coastal Seafoods chief executive Peter Win said the ASX listing "gives us access to Australia's capital markets and positions the company as a doorway to Asia".

Source: Finance Nine


IN BRIEF - Commercial tarakihi fishing quota may be slashed

NEW ZEALAND
Monday, August 05, 2019

Fishers were warned last year by Fisheries Minister Stuart Nash that there could be cuts if there was no action to arrest its decline.

RNZ understands Mr Nash is of the view that fishers have not gone as far as he would have liked in doing this, and steps may soon have to be taken.

Using a theoretical starting point of 100 percent where tarakihi were not impacted at all by fishing, the Department of Conservation's latest assessment showed there were just under 16 percent of these fish left on the East Coast of New Zealand.

Source: RNZ


IN BRIEF - List of export-priority fish species to China tabled

CHINA
Monday, August 05, 2019

Myanmar’s aquaculture industry will receive a boost from the barter-trade agreement that was signed between the country and China.

Fisheries Department deputy director for quality control and research U Thet Naing said an inventory of fish for export has been sent to China.

The inventory has been sent to China via the Ministry of Foreign Affairs for approval. “It will take time as there are procedures,” he said, adding that this is the priority species for export.

At present, Myanmar exports six out of 21 species of fish and prawn in the inventory, with the remainder being of export potential. Climbing perch, branded snakehead, tilapia and white prawnwere among the species in the inventory.

Source: Mm Times


IN BRIEF - Kiên Giang protects marine resources

VIET NAM
Monday, August 05, 2019

KIÊN GIANG - The Mekong Delta Kiên Giang Province should breed aquatic species and animals, or grow other crops, in areas affected by drought and saltwater intrusion, Nguy?n Xuân Cu?ng, Minister of Agriculture and Rural Development, has said.

The province, which tops the country in rice production and fishery, should also reduce its rice cultivation in areas prone to drought or salinity.

Speaking at a meeting with Kiên Giang authorities last week, Cu?ng said the province should invest in "clean" rice and organic rice cultivation, and establish linkages between rice production and consumption to create higher value.

Source: Viet Nam News


IN BRIEF - Polish association questions effectiveness of MSC certificates

POLAND
Monday, August 05, 2019

Polskie Stowarzyszenie Przetwórców Ryb (PSPR), the Polish Association of Fish Processors, has expressed concerns with the current Marine Stewardship Council (MSC) certification process in an open letter from the organization’s president, Jerzy Safader. The origin of PSPR’s grievances with MSC certification occurred in January 2015 when the eastern Baltic cod (the main stack targeted by the Polish fleet) paid EUR 60,000 for MSC certification, only for the certificate to be suspended in December that year. The EUR 60,000 was never paid back, inciting fury amongst many of the processors.  Frustration with the lost money and miscommunication between the MSC representatives and Polish fish processors, however, is not the only topic of concern PSPR has raised with MSC certification. 

The Polish fish processors also argue the costs of acquiring MSC certification are unfairly placed entirely on processors and that the certification is an ineffectual means of ensuring sustainable fisheries.   The PSPR argues MSC certification is not actually voluntary, and it is a barrier to the market if producers do not have the certificate. Most retailers demand processors have MSC certification, yet they play no role in bearing the cost of acquiring the credential. PSPR contends that if MSC certificates are to remain the standard of verifying sustainability throughout Europe then the cost should be shared amongst each participant in the chain of production, not just fish processors. The cost after all is not insignificant. Certification can reduce profitability of a company by as much as 11% thanks to the cost of logo and fees incurred.

Source: Eurofish Magazine


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