Norwegian seafood companies generated overseas sales totaling NOK 7.8 billion (USD 840.9 million, EUR 745.9 million) last month, representing a reduction of 9 percent, or NOK 764 million (USD 82.4 million, EUR 73.1 million), compared with May 2019. This was the second month in a row that the country saw a lower export figure. Previously, the industry had posted 18 months of year-on-year growth.
According to the Norwegian Seafood Council (NSC)… Read More
Global seafood production reached a level of 179 million metric tons (MT) in 2018, with all but 23 million MT going to human consumption. Consequently, average consumption has crept up to 20.5 kilograms per capita, the Food and Agriculture Organization of the United Nations (FAO) estimated in the 2020 edition of its biennial publication, “The State of World Fisheries and Aquaculture,” released on 8 June.
In the SOFIA report, the U.N.… Read More
Qualifying fishing and aquaculture businesses will receive a further and final payment from the U.K. government’s GBP 10 million (USD 12.5 million, EUR 11.2 million) Fisheries Response Fund, the Marine Management Organisation (MMO) has announced.
Eligible businesses will be contacted by the MMO and payments will be made directly into business accounts by 15 June.
The fund, which was introduced on 17 April in response to COVID-19, has… Read More
Oslo, Norway-headquartered salmon and trout producer Cermaq has named Ole Martin Grimsrud as its new chief financial officer (CFO), while Erlend Reiten is to take up the new position of chief transformation officer (CTO). Both appointments come into effect on 1 September.
Forty-three-year-old Grimsrud is leaving his position as CFO of Aker Solutions to take up the role at Cermaq. He holds a master’s degree in industrial economics… Read More
Independent Scottish salmon farmer Loch Duart Ltd. has purchased its own fish processing facility for the first time in the company’s 21-year history, saying that its future aim is to have “greater flexibility and control” over its operations ...
Photo courtesy of Loch… Read More
Fishing vessels operating out of Iceland caught 178,456 metric tons (MT) of fish and shellfish with a total first-sales value of ISK 34.2 billion (USD 254 million, EUR 226.5 million) in the first quarter of this year. The volume represented a 25 percent reduction on Q1 2019, while the value was 5.6 percent lower.
The preliminary figures gathered by the country’s Direcrorate of Fisheries confirms volume decreases in all of the main… Read More
The additional EUR 500 million (USD 560.3 million) - added to the European Maritime Fisheries Fund (EMFF) last week - will strengthen the recovery and resilience of the E.U.’s fisheries sector as the region’s economy slowly reopens, according to European Commissioner for Environment, Oceans, and Fisheries, Virginijus Sinkevičius.
The additional funding, which is part of the Commission’s Recovery Package, represents an increase… Read More
The Loch Lochy and Glenfinnan salmon farms operated by Mowi Scotland have become the first farming sites in the world to attain Aquaculture Stewardship Council (ASC) certification for freshwater lochs.
As part of the company’s ambition to have all of its farms ASC-certified by 2025, the two farms secured certification against ASC's revised trout standard, which now recognizes the production of salmon smolts in freshwater lochs.
Mowi… Read More
Poseidon Aquatic Resource Management Ltd. (Poseidon) has been appointed to develop a new growth strategy for aquaculture in England over the next 20 years.
The English Aquaculture Strategy has been commissioned by Seafood 2040 (SF2040), an England-only collaborative two-year program facilitated by public body Seafish in partnership with the Department for Environment, Food, and Rural Affairs (Defra) and seafood industry partners.
Poseidon… Read More