The European Parliament will provide financial help to European Union fisheries and aquaculture sectors struggling with the economic consequences of the Russian invasion of Ukraine, including giving compensation to those who have had to stop operating or whose economic viability is threatened.
On Wednesday, 6 July, 2022, Members of European Parliament (MEPs) adopted a measure to support fishers who have had to cease their activities due to the… Read More
A new EUR 567.1 million (USD 591.6 million) European Maritime, Fisheries and Aquaculture Fund (EMFAF) program for French fisheries and aquaculture for the period 2021-2027 has been adopted by the European Commission.
Alongside national funding, the total financial allocation aimed at implementing the E.U. common fisheries policy (CFP) and E.U. policy priorities outlined in the European Green Deal, and the Farm to Fork and Biodiversity… Read More
A total NOK 12.4 billion (USD 1.3 billion, EUR 1.2 billion) worth of fisheries and aquaculture products were sold by Norway’s seafood exporters to overseas markets in May, with farmed salmon experiencing one of its best-ever months ...
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Trondheim, Norway-based cod-farming venture Norcod AS has been granted permission to establish a new production site in the Nesna municipality, in Nordland county, Norway, with a total maximum allowed biomass (MAB) of 3,600 metric tons (MT).
The company said in a press release the new Labukta site will go into production in the first half of 2023. “We have been very well-received by Nesna municipality, which we highly appreciate, and we… Read More
Christian Chramer has been named the new CEO the Norwegian Seafood Council, the trade body in charge of promoting Norwegian seafood.
Chramer, 48, was previously the regional communications director of the Confederation of Norwegian Enterprise (NHO), an employees union. He previously worked for the NSC as both communications director and fisheries envoy in Southeast Asia. The vote in favor of his appointment by the NSC’s board of… Read More
The total volume of Atlantic salmon harvested in the Faroe Islands in Q2 2022 by Bakkafrost Group decreased by 4,500 metric tons (MT) compared with Q2 2021 to 13,100 MT of head-on gutted (HOG) weight fish …
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Approximately half the revenue generated by salmon farming licenses in Scotland – currently some GBP 10 million (USD 12.3 million, EUR 11.6 million) annually – will be reinvested in affordable housing if a new campaign launched by Salmon Scotland is successful.
In a move to help tackle the growing property crisis in rural areas, Salmon Scotland wants the current system overhauled so the millions of pounds sent to Crown Estate… Read More
Land-based salmon producer Atlantic Sapphire ASA raised approximately NOK 1.231 billion (USD 125.5 million, EUR 119.3 million) in gross proceeds through the private placement of 60,060,976 new shares, at a price of NOK 20.50 (USD 2.09, EUR 1.99) each …
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Norway and the Faroe Islands have drawn fire from European fishing industry bodies for unilaterally setting new mackerel quotas that are equivalent to almost 55 percent of the agreed total allowable catch (TAC) of 794,920 metric tons (MT) for the Northeast Atlantic ...
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