Mediterranean sea bass and sea bream producer Nireus Aquaculture SA sold almost 10 percent more fish in the first nine months of this year than it did in the corresponding period of 2016 and in doing so offset the impact of an anticipated price reduction, the company said.
In value terms, Nireus’ sales during the last nine months amounted to EUR 159.1 million (USD 188.2 million), representing an increase of 6.8 percent year-on-year. Exports… Read More
New fish-in, fish-out ratios (FIFOs) calculated by the marine ingredients trade organization for 2015 find that, for the first time, the FIFO for salmonids was below 1.
Calculated with Food and Agriculture Organization of the United Nations (FAO) data, FIFOs have been used by as a way of reviewing the consumption of wild-caught fish by the sector since the 1990s. Salmonid farming in particular has drawn attention on this subject i… Read More
Marine Harvest harvested 95,500 metric tons (MT) of salmon in the third-quarter of this year, representing a volume decline of 1,500 MT compared to the corresponding period of last year and 5,500 MT less than its most recent forecast for the three months, according to the company’s latest trading update.
During the last quarter, the company’s Norwegian operations harvested 55,500 MT of salmon, down from 64,000 MT in Q3 2016. This redu… Read More
Thai Union has announced that Elisabeth Fleuriot is stepping down from her role as CEO of Thai Union Europe and that the group will introduce a new management committee structure in Europe as part of its global program to harmonize and streamline operations in all key regions.
Fleuriot is leaving Thai Union to pursue other external opportunities, the company said in a statement.
“Elisabeth has been a strong and highly valued leader of our b… Read More
If the European Union were to implement an import ban on Indian shrimp products, as is now widely being contemplated by the supply chain, seafood buyers believe it is likely that the repercussions will be felt in other major shrimp markets.
India was the world’s No. 1 exporter of shrimp last year with the total volume produced by the country increasing to 434,484 metric tons (MT). The volume available for export in 2017 is forecast to have … Read More
Ireland’s seafood development agency Bord Iascaigh Mhara (BIM) has launched a new research and development fund to support Irish companies’ innovation in the seafood sector and help grow the EUR 850 million (USD 1 billion) industry in line with government targets.
An initial EUR 400,000 (USD 472,405) has been provided by BIM this year to support innovation and the development of new technologies of benefit to the seafood sector… Read More
Faroese salmon producer Bakkafrost Group harvested 11,600 metric tons (MT) of gutted weight fish in the third-quarter of this year, up from 10,664 MT in the corresponding period of 2016.
The contribution to the total from the company’s farming operations in the north of the Faroes amounted to 1,700 MT, while its farms in the west supplied 9,900MT.
Bakkafrost’s total expected harvest volume for 2017 is 53,500 MT.
It also sold 22,300 MT… Read More
A new not-for-profit organization is being sought by the U.K. Seafish authority to manage, operate and deliver the Responsible Fishing Scheme (RFS), including its international launch.
An invitation to tender (ITT) has been published by Seafish in line with the European Union's public procurement rules and regulations. This ITT will remain open for a 30-day period from 2 October, with the contract award made in early December.
The su… Read More
The farming of bluefin tuna is on a strong upward growth trend that is set to see next year’s total global harvest reach a level double that of the volume recorded as recently as 2013, delegates heard at the Global Aquaculture Alliance (GAA) GOAL 2017 conference in Dublin, Ireland.
Ragnar Tveteras, business economist at the University of Stavanger, Norway, explained that the sector had “broken out” of a seven-year production lev… Read More
Aquaculture has long been acknowledged as the most efficient center-plate protein resource with feed-conversion ratios (FCRs) far superior to those of terrestrial animals, and yet farmed seafood is invariably more expensive for consumers to buy in stores.
Historically, a number of factors have contributed to the premium price attached to aquaculture, but two of biggest – feed prices and biological costs – could be about to change for … Read More