An emergency bylaw to protect salmon in the River Severn and its estuary has been introduced by the United Kingdom's Environment Agency after a review of recent data showed a significant reduction in the stock.
Under the new measure that took effect on 15 June, 2019, draft-net and putcher fishing in the Severn estuary is prohibited, while lave-net fishing is to operate on a catch-and-release basis only. The bylaw also makes catch and release for… Read More
Seafood companies in the United Kingdom are being urged to prioritize attracting young people to the sector after new research found that it is perceived as low-skilled and unexciting by new jobseekers.
Public body Seafish commissioned an investigation to find out what young people between the ages of 16 and 18 thought about careers in the seafood sector. It said the findings “make for worrying reading,” as many of those who took… Read More
A new, evidence-based regulatory framework has been introduced for Scotland’s finfish aquaculture sector by the Scottish Environment Protection Agency (SEPA).
Launched following 22 months of work by SEPA, the framework implements proposals announced in November 2018, which were subject to a country-wide consultation. According to the public body, it takes advantage of more accurate computer-modeling approaches that will improve… Read More
Within the seafood sector, labeling and standards organizations – through the promotion of sustainable production and consumption – continue to prove key in connecting products with end-consumers. While achieving and maintaining such standards requires financial outlay and there is a perceived lack of market rewards supporting sustainable practices, growing consumer awareness around sustainability issues means it’s no longer… Read More
Establishing full transparency in fisheries is crucial to ending the “vicious cycle of abuse” faced by workers in the catching sector, a new report compiled by the Environmental Justice Foundation (EJF) asserts.
The United Kingdom-based charity is also calling for the urgent ratification of international agreements designed to improve workers’ rights, vessel inspections, and enforcement.
According to EJF, there are… Read More
The Global Salmon Initiative (GSI) recently published its annual Sustainability Report, providing six years of data across 14 indicators for more than half of the global salmon industry. The report identified a number of key trends within the salmon farming sector and its membership, including:
- A 50 percent decrease in the use of sea lice treatments, coupled with a 120 percent increase in the use of non-medicinal methods – due both to
German fish processor and Thai Union business Rügen Fisch AG, with its subsidiaries Hawesta-Feinkost Hans Westphal GmbH & Co. KG and Ostsee Fisch GmbH & Co. Produktions-und Vertriebs KG, has appointed Jens Vogler as CEO.
In his role as CEO, Vogler will manage the entire Rügen Fisch Group, with responsibility for its performance including the commercial and supply chain strategies, and annual business plans.
Part of his… Read More
Norway Royal Salmon (NRS) has posted operational earnings before interest and taxes (EBIT) of NOK 164.3 million (USD 18.7 million, EUR 16.8 million) for the first-quarter of this year, a decrease of NOK 28.4 million (USD 3.2 million, EUR 2.9 million) year-on-year. The Trondheim-headquartered company attributed this reduction to a lower harvest volume of 8,096 metric tons (MT) gutted weight (down 26 percent on Q1 2018).
NRS achieved operating… Read More
SalMar delivered total operational earnings before interest and taxes (EBIT) of NOK 806.2 million (USD 92.1 million, EUR 82.7 million) in the first quarter of this year, up from NOK 708.1 million (USD 80.9 million, EUR 72.6 million) in Q1 2018. Thanks to the inclusion of Icelandic producer Arnarlax’s results for February and March 2019 and a higher volume harvested in northern Norway, this was its highest ever first-quarter EBIT.
The… Read More
Grimsby, United Kingdom-based processing company Young’s Seafood Ltd. posted second-quarter earnings before interest, taxes, depreciation, and amortization (EBITDA) of GBP 4 million (USD 5.1 million, EUR 4.5 million), which represented a 27.5 percent decline on the GBP 5.5 million (USD 7 million, EUR 6.2 million) achieved in Q2 2018.
Its revenues for the three months to 31 March 2019 fell 1.5 percent to GBP 134.2 million (USD 170.1… Read More