IN BRIEF - Modeling Won Over Salmon... Though They Touch at Some Point
NORWAY
Thursday, November 28, 2024
Gustav Jr.'s story is marked by the weight of his family legacy. His father, Gustav Witzøe, is the co-founder of SalMar, one of the world's leading salmon producers and sellers.
In 2013, when Gustav was just 19, his father transferred 53% of the company's shares to him. This move not only secured his place as the major shareholder but also made him a multimillionaire at a very young age.
SalMar supports the career of Norwegian tennis player Casper Ruud
However, despite being the heir to an empire that produces thousands of tons of salmon each year, Gustav Jr. does not actively participate in the company's management. His father and other executives run SalMar, while he has decided to explore his more creative side and invest his time in other projects.
With his fortune and restless spirit, the young Norwegian found in fashion and his hobbies a way to challenge the expectations that others might have of a multimillionaire heir. While SalMar continues to consolidate itself as a salmon giant, Gustav Jr. continues to explore his own path, demonstrating that, for him, work and passion go hand in hand.
Cloud-based software solutions provider Maritechhas announced its expansion into new markets in Europe and Asia.
Building on its activities in Norway, Iceland and North America, the company said it is now positioned to meet the growing global demand for innovative cloud-based solutions that enhance efficiency, flexibility and profitability in the seafood industry.
Maritech’s technology is currently deployed across nine countries, supporting more than 500 customers.
Finnish fish farmer Finnforel has signed an agreement with Abu Dhabi-based investment and holding company ADQ to explore the feasibility of a recirculating aquaculture system (RAS) rainbow trout facility in the United Arab Emirates (UAE).
The fish farm, with a capacity of 3,000 tonnes per year, would be strategically located within a dedicated zone for aquaculture and related industries that forms part of the Khalifa Economic Zones Abu Dhabi (KEZAD) and is close to the Gulf. The zone features dedicated infrastructure, utilities and connectivity.
Author: Gareth Moore / fishfarmingexpert l Read the full article here
With a growth in 2023 of 9.4%, the Spanish plant-based sector reached nearly €600 million in sales last year, to consolidate itself as the fourth largest plant-based market in Europe, behind Germany, the United Kingdom and Italy. Thus, more than a third of Spaniards consumed plant-based products in 2023; in fact, 46% of households included plant-based drinks in their diet. But the economic impact of the sector extends beyond sales. In 2023, the sector, made up of some 60 companies, generated more than 6,500 direct, indirect and induced jobs, with an increase of 9.4% compared to the previous year.
On the other hand, it generated a Gross Added Value (GVA) of €355 million, demonstrating its significant contribution to the national economy.
Nodosa delivers the 85-metre trawler for Orion Fishing Company, the Falkland's firm owned by the Vigo firm and Argos Group
The event served as a heartfelt tribute to the founder of the fishing company, José Pereira Álvarez, who died in 2022.
The Vigo fishing company Grupo Pereira and its Malvinas partner Argos Group already have the Argos Berbés. Nodosa Shipyad hosted the delivery ceremony (with launching included) of the new vessel, the joint venture formed by both companies (Orion Fishing Company) will operate from next year, coinciding with the first Loligo squid campaign in Falkland's waters.
The first special auction hosted on the "Ocean Cloud+" service platform by Zhejiang Zhoushan International Agricultural Products Trading Center (Zhejiang Agricultural Center) at the Zhoushan Ocean Fishery Base concluded successfully.
This event featured 112 tons of Argentine illex squid caught by Ocean Family in the Southwest Atlantic Ocean. It attracted participation from over ten trading and processing companies within and outside Zhoushan, while nearly 100 viewers watched the entire bidding process via a live broadcast.
The auction employed a "base price increase" model. After 21 rounds of competitive bidding, the squid was sold at a final price of 38,250 yuan (USD 5,280) per ton, achieving a total transaction value of 4.284 million yuan (USD 591,157) and a premium rate of 6.25%.
To ensure transparency, fairness, and equity, the Zhejiang Agricultural Center leveraged its official website, WeChat public account, and other platforms to disseminate bidding information and transaction rules beforehand. The entire bidding process was live-streamed, safeguarding the legitimate interests of both buyers and sellers.
A shipment of 220 kg of fillet, sent by two national companies, Camanchaca and Aquachile, took off from Santiago to Melbourne. This milestone opens new opportunities for the Chilean salmon industry in a demanding market such as Australia.
The shipment of Chilean salmon was transported by LATAM Cargo Group on flight LA805, which took off from Santiago to Melbourne, Australia.
To achieve this feat, rigorous audits were carried out to guarantee the quality and food safety of the product. In addition, Chile already exports frozen and fresh salmon to 76 countries, with the main destination markets being the United States, Brazil, Russia, China and the European Union. In addition, salmon exports in 2023 exceeded US$ 6 billion.
Grouper farming is outstripping the growth rates of any other aquaculture species in China, according to recent government figures.
Grouper output totaled 241,000 metric tons (MT) in 2023, according to data compiled for this year’s edition of the China Fishery Statistical Yearbook. This growth is a continuation of a long trend, according to the yearbook, as grouper farming volumes have grown at a compound annual growth rate of 11 percent over the past decade.
Author: Mark Godfrey / SeafoodSource l Read the full article here
The National Fisheries Technology Extension Center and the Chinese Society of Fisheries organized a national scientific fish release work intensive discussion activity in Zhoushan City, Zhejiang Province, from November 21 to 22.
The goal was to guide society in carrying out scientific aquatic biological releases and promote sustainable development of aquatic resources.
Key points from the discussion:
Scientific fish release cooperation mechanism: The establishment of this mechanism aims to coordinate efforts and ensure scientific practices.
Experience sharing: Participants from various organizations shared their experiences and insights on scientific fish release.
Challenges and solutions: The discussion highlighted the need to address issues like irregular and unscientific releases.
Future directions: The focus is on creating a long-term working mechanism to guide public releases and promote social participation in aquatic resource conservation.
A practical fish release activity was also conducted at Xiaoao Wharf in Zhujiajian to demonstrate scientific practices.
The Mar Span project, conceived by the company Mar Technologies 5.0. and coordinated by the Society for the Study of Maritime Resources (Soermar), is developing interactive motorized, sensorized and virtualized rafts. The objective is to optimize mussel farming and make it more sustainable, by reducing the production cycle by 15 to 25% and improving production by 35 to 65%.
Mar Span consists of the construction of a pilot raft with an innovative automation, sensorization and virtualization system that will use renewable energy (wind, solar and a bioethanol backup group) and the creation of an interactive virtual twin to monitor and interact with it throughout the reproductive cycle of the mussel.
Source: iPac.acuicultura l Read the full article here
Experts present two research studies on mussels Spain
Galician mussel farming, a pillar of sustainability and innovation that ensures the future of the Galician estuaries
Two pioneering investigations highlight the economic, social and environment...
Macroalgae Farms Flourish in France Amid Growing Industrial Interest France
The French macroalgae farming sector is experiencing significant growth, driven by increased interest and investment from industrial players. The association Merci les Algues!, which includes Nordic S...
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WORLDWIDE
Cloud-based software solutions provider 
UNITED ARAB EMIRATES
Finnish fish farmer
CANADA.jpeg)
One analyst told the Norwegian journal Finansavisen today that a Canadian sale deal could be reached within the next month or two.
SPAIN
With a growth in 2023 of 9.4%, the Spanish plant-based sector reached nearly €600 million in sales last year, to consolidate itself as the fourth largest plant-based market in Europe, behind Germany, the United Kingdom and Italy. Thus, more than a third of Spaniards consumed plant-based products in 2023; in fact, 46% of households included plant-based drinks in their diet. But the economic impact of the sector extends beyond sales. In 2023, the sector, made up of some 60 companies, generated more than 6,500 direct, indirect and induced jobs, with an increase of 9.4% compared to the previous year..jpeg)
The event served as a heartfelt tribute to the founder of the fishing company, José Pereira Álvarez, who died in 2022.
CHINA
CHILE.png)
A shipment of 220 kg of fillet, sent by two national companies, Camanchaca and Aquachile, took off from Santiago to Melbourne. This milestone opens new opportunities for the Chilean salmon industry in a demanding market such as Australia.
Grouper farming is outstripping the growth rates of any other aquaculture species in China, according to recent government figures.
The goal was to guide society in carrying out scientific aquatic biological releases and promote sustainable development of aquatic resources.
The Mar Span project, conceived by the company Mar Technologies 5.0. and coordinated by the Society for the Study of Maritime Resources (
