Australia-based oyster producer Angel Seafood Holdings has received a proposal from Laguna Bay Group to take over all shares in Angel that Laguna Bay does not already own for cash consideration.
Under the takeover proposal, Laguna Bay offers an indicative all-cash consideration of AUD 0.20 (USD 0.14, EUR 0.12) per share.
In an announcement to investors, the Board of Angel “considers that it is in the best… Read More
Officials with the newly formed Tasmanian Farmed Salmon Alliance said the purpose of the new group is to bring together over a dozen businesses to advance world-leading innovation and sustainable farming methods in the salmon… Read More
The Western and Central Pacific Ocean’s bigeye, yellowfin, albacore, and skipjack tuna are all in healthy condition and the stocks are not overfished, according to a report issued recently by the Pacific Community.
According to the report, "The western and central Pacific tuna fishery: 2020 overview and status of stocks," the tuna catch for 2020 was estimated at 2,743,310 metric tons (MT) a decrease from the record high of… Read More
Officies representing Pacific island countries are hailing the Western and Central Pacific Fisheries Commission (WCPFC)'s adoption of a revised Tropical Tuna Measure as a victory, but some NGOs said the commission still failed to act on a number of critical items at the WCPFC's 18th meeting, which ended 7 December.
The Tropical Tuna Measure guides fishing controls for bigeye, skipjack, and yellowfin tuna in the WCPFC’s… Read More
The Pacific island nation of Fiji has partnered with the Waitt Institute to launch the “Blue Prosperity” program and implement protections on 30 percent of Fiji’s waters.
The institute and Fiji’s Ministry of Economy, Fisheries, and the Environment have signed a memorandum of understanding to formally launch the program, which will have the Waitt Institute provide technical assistance to the country’s efforts. Fiji… Read More
The Western and Central Pacific Fisheries Commission (WCPFC) 2021 meeting begins 29 November, as it faces the expiration of its Tropical Tuna Measure guiding fishing controls for bigeye, skipjack, and yellowfin tuna in its jurisdiction.
The regional fisheries management organization, which oversees the conservation and management of highly migratory fish stocks in the Western and Central Pacific Ocean, will meet virtually through 7 December. In… Read More
Seafood Industry Australia has absorbed the responsibilities of the National Aquaculture Council and launched a new aquaculture advisory committee.
SIA CEO Veronica Papacosta told SeafoodSource the NAC takeover is aimed at providing a united voice in Australia’s aquaculture sector, and that SIA’s resourcing and working relationship with the government will help the larger group better advocate for the seafood industry.
“It… Read More
The Responsible Fishing Vessel Standard (RFVS) is gaining traction in tuna fisheries in the Southwest Pacific, as a Philippines-based company has achieved the standard, while the Parties to the Nauru Agreement (PNA) have partnered with the Global Seafood Alliance to adopt the standard in its fishing operations.
The RFVS was first created by U.K. trade body Seafish, and was then transferred to the Global Seafood Assurances program in June… Read More
Auckland, New Zealand-based Sanford Limited said COVID-19 continued to hamper its profitability in 2021, resulting in disappointing full-year results to 30 September, 2021 …
Photo courtesy of Sanford… Read More
The Kiribati government has announced it will open to fishing the Phoenix Islands Protected Area (PIPA) – a 408,250-square-kilometer marine protected area – after a decline in revenue the island-nation's government attributed to the creation of the area.
The Kiribati government said an independent advisory panel found that since the creation of PIPA in 2015, demand for its fishing permits has declined 8… Read More