London-based seafood writer and communications consultant Jason Holland has been a contributing editor to SeafoodSource.com since January 2010. Jason has more than 25 years of experience as a B2B journalist and editor – a career that has taken him all over the world. He believes he found his true professional calling in 2004 when he started documenting the many facets of the international seafood industry and he’s particularly proud of the strong, collaborative relationships he has formed at all stages of the supply chain.
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Sheffield, U.K.-headquartered aquaculture biotechnology company Benchmark Holdings recorded revenue growth and improved profitability across all of its business areas, as well as lower losses compared to previous periods, for the fiscal year ending 30 September 2023, despite facing some challenging conditions – particularly within the global shrimp market.
Company-wide revenue for Benchmark in 2023 increased 7 percent year over year to GBP
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The E.U. held on to its position as the world’s third-largest seafood seafood-buying market in volume terms in 2022 behind China and Indonesia, as the bloc received close to 11.6 million metric tons (MT) of fisheries and aquaculture products.
Presented as part of an annual study from the European Market Observatory for Fisheries and Aquaculture Products (EUMOFA), the total marks an increase compared to recent years, despite
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The European Council unanimously adopted a regulation on 27 November that concerns autonomous tariff quotas (ATQs) on certain fishery products coming into the Union from non-E.U. countries, along with rules for managing these quotas.
The regulation, which covers key whitefish species like cod, Alaska pollock, hake, shrimp, and cephalopods, will enter into effect starting 1 January 2024 and expire on 31 December 2026.
ATQs entail a complete
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After a successful inaugural harvest early in Q3 2023 and its next smolt restocking not expected until 2025, Norwegian land-based salmon producer Andfjord Salmon is now focusing its attention fully on the construction taking place to expand production at its Kvalnes facility, which should dramatically increase the company’s output capacity, CEO Martin Rasmussen said.
Delivering the company’s Q3 2023 results on 30 November, Rasmussen
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Global seafood supply is likely to rise next year, with key aquaculture production sectors returning to a period of growth after a turbulent 2023, according to new analysis compiled by the RaboResearch unit of Dutch financial services company Rabobank.
Summarizing key takeaways from Rabobank’s annual production survey with support from the Global Seafood Alliance, the report, “What to Expect in the Aquaculture Industry in
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Måsøval has confirmed it is reorganizing and has begun a process to streamline its management and public reporting processes, which will result in different parts of the business splitting into separate legal entities.
As of 1 January 2024, Måsøval will become a holding company, and all the group’s licenses will be merged into one company: Måsøval Lisens. The group’s farming operations will be a
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Iceland Seafood International’s (ISI) total sales for the first nine months of 2023 increased slightly year over year to EUR 318.1 million (USD 347.4 million), but the company experienced a significant slowdown in this year’s third quarter, when its sales slipped 12 percent year over year to EUR 95.8 million (USD 104.6 million).
The Reykjavik, Iceland-based seafood firm underwent a change in leadership in September 2023, with ISI CEO
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The Blue Marine Foundation, an environmental non-governmental organization, has criticized U.K. retailers that claim to oppose the use of drifting fish-aggregating devices (dFADs) while still selling tuna caught using them.
Blue Marine Foundation’s Head of Investigations Jess Rattle, the author of the study, said there are startling disparities between U.K. retailers’ own-label canned tuna and the brand-name tuna they sell alongside
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E.U. member-states and additional member countries of the General Fisheries Commission for the Mediterranean (GFCM) adopted several measures at the regional fisheries management organization’s 46th annual session in early November.
The GFCM adopted a series of recommendations aimed toward minimizing fishery impacts on the wider marine environment, along with measures to refine the reach and effectiveness of the science-based management
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Norwegian land-based salmon farmer Salmon Evolution announced in its Q3 2023 report that it lost NOK 36.5 million (USD 3.4 million, EUR 3.1 million) before taxes, but that it also experienced strong biological performance throughout the period, ending with its best-standing biomass to date at its Indre Harøy facility, which attained Aquaculture Stewardship Council (ASC) certification in late October.
The company’s standing biomass
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