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.
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.
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.
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.
A group of fisheries and wildlife advocates were in St. John’s court Wednesday 6th of November 2019 asking for stricter environmental assessment of Newfoundland and Labrador’s expanding aquaculture industry.
The applicants say the province’s former environment minister acted unlawfully when he determined a proposed salmon hatchery project did not require further environmental assessment.
The proposed Indian Head hatchery in Stephenville would see more than 2 million salmon released into existing sea cages owned by Northern Harvest Sea Farms.
James Gunvaldsen Klaassen of the environmental law group Ecojustice argued in provincial Supreme Court that the minister’s decision was invalid because he did not consider what happens after the newly hatched fish are released into the cages.
Global harvests of farmed Atlantic salmon are expected to grow by around 4–5 percent in 2019. Norway, the world’s leading producer, started the year strongly while the Scottish sector is recovering volumes following a steep decline last year. However, higher production forecasts for 2019 made earlier in the year now seem too optimistic given the dual impact of the loss of approximately 8 million fish due to a severe algal bloom in Norway and reports of new fish health issues at farms in Chile. The more recent figure is comparable to growth rates observed in 2017 and 2018, continuing a relatively steady growth trend that is bringing some stability to the market.
Production in Norway was up year-on-year after the first quarter of 2019 and accelerated significantly in May as the arrival of the algal bloom in the north of the country prompted mass harvesting by farmers looking to save marketable fish. Although blooms have occurred before in Norway, this was reportedly the worst the country has seen in decades. The phenomenon, which can cause fish mortality through asphyxiation, occurs only when conditions are optimal but can be triggered by warming water temperatures. Total lost production, in terms of lost biomass converted to average harvested weight, amounted to some 40 000 tonnes with financial losses estimated at around NOK 2.2 billion (USD 225 million). In response, the Norwegian government will allow affected salmon farmers to apply for a fiveyear exemption from the capacity limitations connected to their salmon licenses.
Direct Seafoods Director of Sustainability & Epicurean Laky Zervudach on the importance of the “story” in salmon.
Major wholesale seafood and fish supplier Direct Seafoods supplies caterers big and small around the UK with fresh and frozen fish. Talking to SalmonBusiness, Zervudach reflected on the importance of sustainability.
During a panel with Veramaris Global Business Development Director Ian Carr and Fair Seas Limited Director Mike Mitchell at the Aquaculture Innovation conference in September, Zervudachi praised the algal oil producer Veramaris for their raw material algae feed additive.
Vietnam has good potential for the development of the seafood sector, he said. In 2018, the country’s seafood output totaled 7.7 million tons. Vietnam shipped USD 9 billion worth of seafood to foreign countries in 2019.
Between January and October 2019, Vietnam fetched USD 7.1 billion from seafood exports.
“With these results, Vietnam has become one of the world’s leading seafood exporters,” he said, adding that the strong growth of the seafood industry has driven up the country’s socioeconomic development and created a number of jobs for locals.
Following elections for the new IFFO Management Board (starting 1st January 2020), IFFO – The Marine Ingredients Organisation is pleased to announce that the incoming President is Anne-Mette Bæk and Vice President is Gonzalo de Romaña.
Anne Mette Bæk is the Executive Director of Marine Ingredients Denmark representing the Danish fishmeal and fish oil industry. She also heads the international association of the European fishmeal and fish oil producers: EU Fishmeal. Anne Mette has been a member of the IFFO Board of directors since 2014.
Gonzalo de Romaña is the CEO of Peruvian fishmeal and fish oil producer Tecnológica de Alimentos (TASA). He has been a member of the IFFO Board of Directors since 2018.
IFFO is an international trade organisation that represents and promotes member companies in the fishmeal and fish oil industry worldwide. Enjoying global respect and recognition, we represent our members at all relevant international forums, including holding observer status at the UN Food and Agricultural Organization (FAO) and the EU Commission and Parliament and work with leading NGOs in responsible management of fisheries.
HÀ NÔI - Vi?t Nam had taken concrete steps in the fight against illegal, unreported and unregulated fishing (IUU) based on the European Council's (EC) recommendations, said Deputy Minister of Agriculture and Rural Development Phùng Ð?c Ti?n.
A national committee was founded in May to co-ordinate efforts made by central agencies and local authorities to combat IUU.
Vi?t Nam’s 28 coastal towns and provinces have each established their own anti-IUU units to supervise and inspect fishing activities. Fishing boats coming in and out of seaports are being asked to file reports on their cargoes, origin of product and ships' logs.
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...