With the aim of supplying European consumers with larger volumes of sustainable, Latin American shrimp, Netherlands-based shrimp importer Klaas Puul and global aquafeed manufacturer Skretting have embarked on a supply chain collaboration that will not only provide local farmers with a new diet that utilizes novel ingredients, but which also has a major retailer onboard.
Skretting Ecuador, alongside alternative ingredient developers Protix and
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Farmed salmon is continuing to show its market resilience, and despite some easing of demand in Europe and the United States, prices will remain high in the first half of this year, albeit at lower levels than the peak seen in the corresponding period of 2022, according new analysis from the RaboResearch unit of Rabobank.
The bank’s report, “Global Aquaculture Update H1 2023,” compiled by Rabobank Senior Global Seafood
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Ensuring the long-term health and productivity of the world’s fisheries will require governments to both build up the stocks that fall short of their potential and to dispense with harmful subsidies that are providing a platform for unsustainable and illegal operations, according to a new report from the Organization for Economic Cooperation and Development (OECD).
Assessing the health and productivity of fish stocks and exploring how to
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Soaring production costs, declining exchange rates, and higher consumer and producer price indexes may force a reckoning when it comes to recent gains in global seafood consumption, according to Turenhout, a fisheries and trade expert with the Dutch Fish Federation (Visfederatie) and a member of the E.U. Fish Processors and Traders Association (AIPCE-CEP).
“Consumers have less to spend and that’s visible in the demand for seafood in
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An end to long-running tax cases against Samherji has been reached, with the fishing and fish-processing company and its associates agreeing to settlements with Iceland’s Revenue and Customs Office.
In a statement, Samherji confirmed its settlement involved the reimposition of tax on companies in its group for the operating years 2012 through 2018. Simultaneously, Iceland’s District Prosecutor has dropped criminal charges
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Soaring raw material costs are becoming a growing problem for Europe’s aquaculture industry and the broader retail value chain, according to speakers at a recent webinar organized by the European Commission’s European Market Observatory for Fisheries and Aquaculture (EUMOFA),
In particular, Ireland’s salmon-farming industry, which is entirely focused on the delivery of organic products, is suffering as a result of higher prices
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The cost of raw materials for both fish processing and aquaculture production have soared across Europe this past year.
While prices were already high thanks to the effects and supply chain uncertainties created by the Covid-19 pandemic, Russia’s invasion of Ukraine in February 2022 and the resulting international sanctions exacerbated the situation and sparked even more-dramatic increases for these essential inputs. Of almost equal
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Norway earned 25 percent more from its seafood exports in 2022, with its export total surprassing 2021's record value by NOK 30.7 billion (USD 3 billion, EUR 2.9 billion) to reach NOK 151.4 billion (USD 15 billion, EUR 14.1 billion).
The value of Norway's seafood exports have tripled since 2012, when the country’s seafood trade totaled NOK 47.7 billion (USD 4.7 billion, EUR 4.5 billion).
Despite the record value, Norway's total exported
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Despite mounting concerns over rising costs and general market conditions, there’s optimism across the aquaculture industry coming into the New Year, according to new analysis compiled by the RaboResearch unit of Rabobank.
Summarizing key takeaways from the Global Seafood Alliance’s (GSA) GOAL Conference 2022, held in Seattle, Washington, U.S.A. in October 2022, Rabobank’s latest aquaculture report, “What to Expect in the
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Frøya, Norway-based SalMar’s mandatory tender offer for all the outstanding shares in Norwegian aquaculture firm NTS has concluded with SalMar taking control of almost 93 percent of the shares and voting rights in NTS.
SalMar won a bidding war for NTS in February 2022, and its takeover was approved by E.U. competition authorities in November 2022.
Announcing the preliminary result of the tender offer to Oslo Børs on 21
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