South Korea's import volume of frozen capelin plummeted by a significant 75% in October 2024 compared to the same period in 2023.

The country imported only 70 tons in October 2024, down from 278 tons the previous year. Consequently, the cumulative import volume for the year reached 731 tons, a 32% decrease from 2023.

Key Trends:

• Reduced Import Volume: The sharp decline in imports suggests a decrease in demand or supply disruptions.
• Price Fluctuations: The average unit import price increased to USD 2.28/kg, despite the overall decline in value.
• Country of Origin: Canada, Norway, and Iceland remained the primary suppliers, with varying unit prices.

Potential Implications:

The significant drop in frozen capelin imports may have implications for the domestic seafood market. Reduced supply could lead to price increases or decreased availability of this fish product for consumers.

Domestic Market:

The domestic wholesale price of frozen capelin, sourced primarily from Norway, is currently around KRW 25,000 per 7kg box.

Source: Union Forsea Corp.

This move, according to the Council, is crucial to ensuring that this affordable protein source becomes more accessible to Nigerian households, particularly children, reports by Chinenye Anuforo from The Sun.

Speaking during a visit to Otto foodstuff market Abiodun Cheke, Consultant for the Norwegian Seafood Council in Nigeria, emphasised the importance of this initiative: “By reducing import duties, we can significantly lower prices, making it more accessible to the average Nigerian. This will help combat protein deficiency, especially among children, and prevent malnutrition-related diseases like kwashiorkor.”

She said the Norwegian Seafood Council has been actively working to improve Nigeria’s fisheries sector through various initiatives, including organizing periodic training sessions on quality assurance and sustainable fishing practices to enhance the quality of Nigerian aquaculture products.

Also, Mr. Svein Baera, the Norwegian Ambassador to Nigeria, expressed admiration for the popularity of Norwegian stockfish in the Nigerian market. Despite the long distance, the product’s freshness and durability have made it a staple in many Nigerian households.

Maison Delpeyrat is launching a gravlax (marinated salmon) with citrus fruits and Christmas spices for the holidays.

The recipe, which combines Sichuan pepper, nutmeg, cinnamon, cloves, coriander and anise, is in addition to the existing versions (lemon dill and basil with a hint of lemon). At the same time, the brand of the Maïsadour cooperative, a specialist in South-West gastronomy, is also expanding its range of festive coulis.

The smoked salmon and mango curry cream combines 4 slices of salmon and a pod of coulis for a "turnkey" starter. This recipe joins the truffle cream and citrus Christmas coulis references. PMC: €9.99 for 200 g (8 to 10 slices) for the gravlax and €8.45 for 120 g (4 slices) + 40 g coulis.

• The ministerial provision establishes a quota of 1,601.3 tons of product. It will be valid until April 30, 2025 or until the established quota is reached.
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• The start of extractive activities is scheduled for the day after the publication of the lists of vessels authorized by the Regional Governments of Piura and Lambayeque.

In a key decision for the fishing and aquaculture sector, the Ministry of Production (PRODUCE) issued Ministerial Resolution No. 000471-2024, which authorizes the extraction of up to 1,601.3 tons of scallops (Argopecten purpuratus) in the area of ??Lobos de Tierra Island, between the regions of Piura and Lambayeque. This measure seeks to guarantee the supply of aquaculture concessions and promote the sustainable development of this activity in the country.

Muscat – The Oman Fisheries Company has announced the resignation of Mohammed Salim Nasser Al Amri, its Acting Chief Executive Officer

As per a disclosure on the Muscat Stock Exchange, the company stated that Al Amri resigned from his position on October 9, 2024, for personal reasons.

“The company’s Board of Directors approved the resignation on 25th November 2024 with his last working day at the company being January 31, 2025,” stated the disclosure addressed to the shareholders of the company. “The Board of Directors will take the necessary measures to appoint a replacement with the relevant authorities,” it added.

Further, the Board expressed gratitude and appreciation to Al Amri for his efforts during his tenure and wished him continued success in his professional endeavours.

Contribute to adaptation to climate change in artisanal fishing and improve commercialization. Those are some of the objectives of a new project initiated by the CETMAR Mar-Foundation Technology Center, under the Department of Mar, in the department of Piura (Peru), through a strategy focused on the diversification of the sector.

NATURE-BASED aquaculture offers a promising alternative, harnessing the power of nature to produce food in an environmentally responsible way, says Ministry of Fisheries and Forest head of aquaculture Dr Alok Kalla.

Speaking at the Aqua-Pearl Stakeholder Inception and Workshop at Holiday Inn in Suva last week, he said traditional aquaculture practices, while essential, had often come with environmental costs, such as pollution, habitat destruction, and overfishing.

He said at its core, nature-based aquaculture sought to mimic natural ecosystems, integrating aquaculture practices with conservation efforts.

“By working in harmony with nature, we can mitigate the negative impacts of traditional aquaculture and create sustainable, resilient food systems,” Dr Kalla said.

“One of the key principles of nature-based aquaculture is the restoration and protection of natural habitats.

“By restoring mangroves, sea grass beds, and coral reefs, we can create diverse ecosystems that support a wide range of marine life, including fish and shellfish".

He said nature-based aquaculture offered a promising pathway towards a more sustainable and equitable future.

“Let us embrace this innovative approach and strive to create a world where aquaculture is a force for good, nourishing our communities while preserving our precious marine ecosystems.”

The approval of the development permit marks a major milestone for what will soon become Eastern Canada’s largest land-based aquaculture facility.

Amar Seafood has announced that construction is scheduled to begin by spring 2025, with the goal of beginning production by 2026. When complete, the cutting edge facility will produce over 600 tonnes of Atlantic halibut and spotted wolffish annually. Plans also include an on-site interpretation centre to educate visitors about aquaculture and its role in sustainable seafood production.

Source: The Fish Site l Read the full article here

Two men accused of running an illegal live eel-smuggling operation out of Puerto Rico have been sentenced to prison following a NOAA Fisheries joint investigation.

Court documents allege that Dominican nationals Simon De la Cruz Paredes and Saul Enrique José De la Cruz spent months harvesting juvenile American eels in Puerto Rico and then transporting the live eels via boat to the Dominican Republic, where they would then be sold and shipped to Asia. 

Author: Nathan Strout / SeafodoSource l Read the full article here