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IN BRIEF - Greenpeace response to FishChoice interim policy on forced labor

UNITED STATES
Friday, August 09, 2019

Washington, DC – FishChoice released an interim policy on forced labor, child labor, and human trafficking today.

In response, Greenpeace USA Senior Oceans Adviser Andy Shen said:

“Greenpeace applauds FishChoice’s decision to institute an interim policy on forced labor, child labor, and human trafficking covering all of the Fishery Improvement Projects (FIPs) listed on its platform, FisheryProgress, though more work remains to develop a strong permanent policy that will ensure long-term change on the water. As FisheryProgress covers more than 85% of FIPs globally, FishChoice’s policy could significantly reduce human and labor rights abuses in fisheries around the world, and by extension, illegal and overfishing. With over 2,000 users, FishChoice’s policy could also catalyze much needed improvements on human rights due diligence by U.S. buyers.

Source: Greenpeace


IN BRIEF - Oyster seeding: A ‘tangible, physical’ way to help the water

UNITED STATES
Thursday, August 08, 2019

Ocean Gate, N.J. - Restoring oyster beds and helping keep the water clean isn’t just for scientists and environmental groups anymore.

Students, younger children and those with no particular scientific background like the idea that something they do this morning can be helping the earth by this afternoon.

Kenna Allocco, 12, of Beachwood, New Jersey, recently helped remove bags of whelk shells with baby oysters attached to them from a bubbling tank in preparation for their journey to a Barnegat Bay reef, in between asking a dozen or so incisive questions of program leaders.

Source: Pattaya Mail


IN BRIEF - High Liner shares drop as Q2 net earnings drop on costs associated with job cuts

CANADA
Thursday, August 08, 2019

LUNENBURG, N.S. - High Liner Foods Inc. shares dropped by as much as 13.4 per cent Wednesday 7th of August 2010 after the frozen seafood company said its net earnings plunged in the second quarter as it absorbed costs associated with a 14 per cent cut of its salaried workforce.

The Nova Scotia-based company’s shares fell to CAD 8.97 in early trading on the Toronto Stock Exchange and were down 83 cents or 8.2 per cent at CAD 9.34 about midday.

High Liner, which reports in U.S. dollars, says it earned USD 946,000 or three cents per diluted share for the three months ended June 29, compared with USD 2.8 million or eight cents per share in the prior year.

Source: City News 1130


IN BRIEF - Locals fear mussel farming expansion plan could spoil Golden Bay's 'outstanding natural character'

NEW ZEALAND
Wednesday, August 07, 2019

A group of Golden Bay locals are opposing plans to encourage more mussels to their shores.

Feedback is being sought on a NZD 28 million upgrade to Port Tarakohe, which in its current state won't be able to cope with the imminent growth of marine farming at the top of the South Island.

Around 70 per cent of the country’s marine aquaculture occurs in the region, “so this area is really significant for New Zealand”, explains Marine Farming Association president Jonathan Large.

Source: TV NZ


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


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