Business Development and Services Director Catherine Silva Donayre told Penguin News that it has been an incredible quarter for the capital investment program with more than 26 projects and programs underway.

The program that currently has a budget of £ 110.5 million to be executed in the next five years, and is committed to the delivery of a range of projects from building maintenance to the construction of the new port, the new power plant and finalization Tussac House. These last three are the largest, and all in recent months have met the goals proposed in the schedule.

In April 2020, a contract was signed with BAM Nuttall for the design and construction of the new port, and while a pause was agreed as the coronavirus dominated efforts both in the Falklands and overseas, work resumed in September. A team from BAM Nuttall came to the Islands to conduct, for two weeks, a detailed exercise of the development of the work, with all sectors of the industry involved, which included a round of 58 meetings and presentations. A concept design should be ready for the first half of 2021.

Source: MercoPress (read the full story here)

The norwegian supreme legislature has decided that the coastal fleet shall be divided according to actual length, not legal length. This is in line with the government's proposal in the quota report. In today's system, it is the boat's legal length that determines what kind of group it belongs to.The goal is to make the quota system simpler and clearer

"This is an important simplification measure because we now get a division according to how long the boats actually are", says Minister of Fisheries and Seafood Odd Emil Ingebrigtsen.

The concept of legal length shows how complicated the quota system has become over the years. A boat that has a home length of ten meters can have an actual length of more than ten meters. The reason may be, for example, that the rights a fisherman has "hang" with from the fisherman's old vessel, and that he or she has now got a new vessel that is shorter or longer.
How the change will be implemented is now sent out for consultation.

The Chamber (lower house) approved, by 81 votes in favor, 46 against and twelve abstentions, the bill that declares the current regulation that came to reform the General Law of Fisheries and Aquaculture, contained in Law 18,892 and its amendments, to be insolvently void.

The proposal, which was returned to commissions upon being the object of indications, specifically challenges Law 20.657, which modifies the aforementioned legal body in the field of the sustainability of hydrobiological resources, access to industrial and artisanal fishing activity and regulations for the investigation and inspection.

The text details that, during the processing of the aforementioned Law 20,657, between the years 2011 and 2013, different sectors and institutions of civil society, artisanal fishing and indigenous communities questioned its content and stated that it violated the national interest, security food and the rights of indigenous peoples.

Between the regions of Arica, Parinacota and Antofagasta

On the night of Monday, November 23, the scientific vessel Abate Molina set sail from the port of Valparaíso, with professionals and technicians from the Fisheries Development Institute, to evaluate the anchovy, the captain of the ship is Enrique Quiero and the head of the cruise is the fisheries engineer Francisco Leiva

The general objective of the cruise is to carry out hydroacoustic prospecting between the Arica, Parinacota and Antofagasta Regions to evaluate the anchovy stock present in the study area.

The specific objectives are:

• Carry out 41 acoustic transects between Arica and the Paposo bay (south of Antofagasta)

• Evaluate the shore bias between the south of Iquique and the north of Tocopilla (between 21 ° and 22 ° LS) with a craft boat.

• Carry out a sufficient number of reconnaissance fishing hauls to characterize the anchovy stock.

• Carry out oceanographic stations in the study area (100

Fish was sold frozen at low commodity prices.

In a statement, the Chile-based Nova Austral, which is jointly-owned by private equity firms Altor and Bain Capital, has posted its Q3 results.

Nova Austral reported an increase of 26 per-cent in revenues, reaching USD 39.7 million in the third quarter of the year compared to the same period of 2019.

EBIT was USD -11.7 million, compared to USD 2.8 million the year before.

Author: Owen Evans / SalmonBusiness | Read the full article here

Seafood leaders in Canada have this week welcomed the signing of a temporary free trade deal with the UK.

The agreement means there will be no tariffs on farmed or wild caught fish exported to Britain next year.

Tariffs on Canadian seafood to the European Union were abolished earlier this year under the Canada-Europe Trade Agreement (CETA).

Paul Lansbergen, president of the Fisheries Council of Canada, said: “It cements the access that we’ve currently enjoyed under CETA. The UK is our fifth largest single country export destination, so it is important for our sector and we’re pleased that this transitional deal was reached.”

Author: Vince McDonagh / Fish Farmer | Read the full article here

The Basque freezer tuna sector, which employs 3,100 people and has a turnover of 924 million euros in the Basque Country. The global business volume amounts to 1,900 million euros per year, generated by a fleet made up of 54 vessels that fish in the Indian, Pacific and Atlantic oceans, and of which 45 belong to the Biscayan municipality of Bermeo.

At a global level, the Spanish freezer tuna sector contributes an economic impact of 3.85 euros for each euro produced. Its social impact is 38 jobs for every million euros of production. The impact from the use of natural capital is 71 jobs for every 1000 T fished.

Spain exports 85,000 tonnes representing 386 million euros, of which 63 percent are skipjack and 37 percent yellowfin. 95% of exports go to the EU, preferably Italy and France. 276,000 tons are imported with a value of 767 million euros.

Source: EuropaAzul | Read the full article here

The Kingfish Company is now trading on the Oslo Stock Exchange’s Merkur Market, two weeks after securing €50 million in additional funding.

“We are excited to turn the page from a start-up to a scale-up, and pursue the implementation of our global expansion strategy following the listing at the Oslo Merkur Market,” said Ohad Maiman, founder and CEO of The Kingfish Company.

The company produces yellowtail kingfish in land-based facilities that use recirculating aquaculture system (RAS) technology. 

Source: The Fish Site | Read the full article here

The new owner of a polystyrene box factory in Stornoway, Isle of Lewis, is investing around £250,000 in new machinery and training to meet increased demand from the salmon farming industry.

Family business Polybox Ltd is now owned by Moulded Foams, one of the UK’s largest independent producers of moulded foam products, which already operates manufacturing sites in Cumbernauld and Peterhead in Scotland, as well as facilities in Lincolnshire in England and in south Wales.

Source: fishfarmingexpert | Read the full article here

BAADER is pleased to announce that it has opened a new entity called BAADER France in Nantes, Loire-Atlantique. The entity will serve both the Fish and the Poultry market with a joint local sales force and will be supported by a local Sales branch in Boulogne sur Mer in Hauts-de-France. The establishment of a local Service organization is part of this commitment to the important French market.

For over 50 years, BAADER worked in close cooperation and friendship with MONDIAL NAVYS. Established in Boulogne sur Mer in 1968, MONDIAL NAVYS has been the official and exclusive BAADER distributor in France for BAADER fish processing equipment. From the office in Nantes, BAADER has been offering a total service for France including equipment sales, spare part sales, service and installation.

With BAADER France, BAADER is concentrating its activities and reinforces its commitment to the French market. Petra Baader, Executive Chairwoman BAADER says: “The opening of BAADER France in Nantes marks a milestone for our company. It represents our ambition to globally join forces across our industry sectors. At the same time, we strengthen our philosophy of being ‘in the region for the region’ ”.