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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… Read MoreThe reform of Scotland’s aquaculture regulatory processes will be boosted with the first meeting of new strategic advisory group, the Scottish Aquaculture Council.
The council brings together senior representatives from key organizations with interests in the industry and its environmental and community impacts, with the mission of providing advice to help the Scottish government realize its aspirations for the sector. Members
… Read MorePeterhead, Scotland-based company Thistle Seafoods has stepped forward to buy Dawnfresh Seafoods processing plant in Uddingston, saving 40 jobs …
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… Read MoreThe General Fisheries Commission for the Mediterranean (GFCM) of the Food and Agriculture Organization of the United Nations (FAO) has launched a new long-term program intended to serve as a blueprint for making fisheries in the Mediterranean Sea more sustainable.
Called “MedSea4Fish,” the new initiative aims to equip and skill over 20 GFCM countries and spur actions at national, subregional and regional levels so that the GFCM
… Read MoreNetherlands-based seafood companies Cornelis Vrolijk and Krijn Verwijs have formed a new joint partnership, through which the companies plan to create economies of scale to achieve market growth targets.
The two family-owned businesses, both founded in 1880, signed a letter of intent, with Ijmuiden-based fishing firm Cornelis Vrolijk taking a participating interest in the seafood and shellfish activities of Yerske-headquartered Krijn Verwijs.
… Read MoreInvestment holding company Groupe Bruxelles Lambert SA (GBL), through its wholly-owned subsidiary Owen Capital Sàrl, has sold roughly 18.1 million of its ordinary shares in Bergen, Norway-headquartered salmon-farming company Mowi ASA …
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… Read MoreIceland’s Marine and Freshwater Research Institute (MFRI) has released scientific advice for the 2022 to 2023 fishing opportunities for 28 fish stocks in Icelandic waters, and its recommendations include a 6 percent reduction in the country's cod quota.
MFRI has advised a cod total allowable catch (TAC) of 208 ,846 metric tons (MT) for the new fishing year, down from the current 222, 373 MT, with the institute saying its recommendation
… Read MorePrivate equity firm Bluefront Equity has taken a majority stake in Proff Kulde AS – a supplier of refrigerant and heating solutions for the seafood industry …
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… Read MoreIceland’s fishing fleet caught some 563,609 metric tons (MT) of wild-capture fish and shellfish in Q1 2022, generating a first-sales value of ISK 55.8 billion (USD 434.2 million, EUR 404.9 million). These year-start totals represent increases of 136 percent and 28 percent compared with Q1 2021 ...
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… Read MoreBergen, Norway-headquartered Mowi ASA has been recognized by international farm animal welfare charity Compassion in World Farming (CIWF) for its leadership in the aquaculture sector, including being the first producer to make global welfare commitments on the rearing and slaughter of Atlantic salmon.
For this, it received a special recognition award at a ceremony in London, U.K., on 15 June, 2022.
Mowi produces approximately 465,000
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