Killybegs Fishermen’s Organisation (KFO) has approved the agreement in principle on the Brexit transition period that was announced earlier this week by the European Union's chief negotiator, Michel Barnier, and David Davis, the U.K. secretary of state for exiting the European Union.
In a statement, the KFO said that like its European Fisheries Alliance (EUFA) colleagues, the organization has at all times recognized that its members ne… Read More
Brexit negotiators have agreed on many of the terms for a time-limited implementation period that they believe will provide greater assurances for businesses and citizens across the European Union and the United Kingdom during the separation process.
A transition period is set to last from 29 March 2019 to December 2020, which David Davis, U.K. secretary of state for exiting the E.U., said gives everyone the time they need to prepare for the futu… Read More
With abandoned, lost and discarded fishing gear (ALDFG) estimated to account for 70 percent (by weight) of floating microplastics debris in the open ocean and posing a considerable threat to ocean animals and fish stocks, Thai Union Group PCL has joined the Global Ghost Gear Initiative (GGGI) with the promise to support efforts aimed at reducing the pollution problem.
While Thai Union does not own fishing fleets, Dr. Darian McBain, the seaf… Read More
Ireland’s seafood sector recorded its third consecutive year of growth in 2017, rising in value by 6.4 percent year-on-year to EUR 1.15 billion (USD 1.4 billion), thanks to a booming export trade, confirmed a new report compiled by the Irish Sea Fisheries Board Bord Iascaigh Mhara (BIM).
According to “The Business of Seafood 2017,” a 12 percent spike in net exports to EUR 331 million (USD 410.1 million), a four percent increase … Read More
The seafood economy should embrance, not fear, the future, political economist, author, and professor Mark Blyth said in his keynote address at Seafood Expo North America in Boston, Massachusetts on 11 March.
Blyth, a professor at Brown University explained in his address, titled, “What Does Globalization 3.0 Look Like? Global Trade in a World of Local Populism,” said that to-date, two waves of globalization have shaped the world&rsqu… Read More
Australian businesses trading in wild-caught seafood can now access an online tool that has been designed to help them determine the stock, environmental, and management risks associated with the products that they buy and sell.
Launched by the Fisheries Research and Development Corporation (FRDC), the main aim of the Whichfish.com.au website is to enable seafood buyers to make better informed decisions.
“Whichfish will make it easier… Read More
U.K. consumers splashed out GBP 171.4 million (USD 236.2 million, EUR 192.3 million) on seafood in the two weeks to 30 December 2017, an increase of 4.4 percent year-on-year. But the total volume of seafood bought over the Christmas fortnight decreased by almost three percent to 14,870 metric tons (MT), new market analysis from industry body Seafish has found.
Although the increase in sales values was driven by inflation – sales volumes of … Read More
After 25 years running the U.K. food manufacturer 2 Sisters Food Group, Ranjit Singh Boparan, co-founder, owner, and CEO, is to leave the post to assume the position of President of Boparan Holdings Limited (BHL), the parent company of 2 Sisters.
Taking up the new role, Boparan said that he was fully committed to building a better, more transparent business, modernizing the company, and simplifying its operations.
“I want to take a br… Read More
The Netherlands-based, family-owned fishing company Cornelis Vrolijk has signed a letter of intent outlining its plan to purchase the majority of the shares of Bertus-Dekker Seafood BV, a fish processing company also based in IJmuiden.
According to Managing Director Annerieke Vrolijk, the move is aimed at further strengthening the company within the fish supply chain.
“Bertus-Dekker Seafood BV is a modern company with a solid position… Read More
Norwegian fish farming and fishing company Lerøy Seafood Group (LSG) achieved revenues of almost NOK 4.6 billion (USD 588.5 million, EUR 477.5 million) in the fourth-quarter of last year, down from NOK 4.9 billion (USD 627 million, EUR 508.8 million) in the corresponding period of 2016.
According to its preliminary figures, LSG’s operating profit before fair value adjustment of biomass for the last quarter amounted to NOK 777 m… Read More