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IN BRIEF - Frozen Capelin Imports Plummet in South Korea

SOUTH KOREA
Tuesday, December 03, 2024

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.


IN BRIEF - Glenn Cooke, Co-founder and CEO of Cooke Inc., wrote a letter to Premier Furey requesting the withdrawal of the Federal NMCA

CANADA
Wednesday, December 04, 2024

Cooke Inc. Opposes Proposed NMCA in South Coast Fjords

In a personal letter sent to Premier Furey of the Government of Newfoundland and Labrador Glenn Cooke to protect local industries and the families that rely on them rather than impose restrictive measures that will lead to their demise.

Cooke Inc., a major Seafood Group, is urging the Newfoundland and Labrador government to withdraw from the proposed National Marine Conservation Area (NMCA) in the South Coast Fjords. The company argues that this initiative, spearheaded by the federal government, would have severe negative impacts on local communities and the seafood industry.

The NMCA would restrict fishing and aquaculture activities, jeopardizing the livelihoods of many people who depend on these industries. It would also hinder the growth of the aquaculture sector, particularly salmon farming, which has been identified as a key driver of economic development in the region.

Cooke Inc. emphasizes the importance of sustainable fishing and aquaculture practices and highlights the company's commitment to environmental responsibility. They argue that the NMCA would undermine these efforts and limit opportunities for future growth.

The company urges the provincial government to prioritize the economic and social well-being of coastal communities and to reject the proposed NMCA.

Read the letter at this link


IN BRIEF - Companies can now list themselves as producers of live seafood to China

NORWAY
Tuesday, December 03, 2024

The Seafood Council assists companies that wish to register for the export of live aquatic products to China.

In November it was announced that the export of live snow crab to China will be opened . Nevertheless, two criteria must be satisfied before the export of living species can be carried out in practice. Firstly, the species must be officially entered on the list of approved species. Furthermore, the manufacturer must have sent information to the Chinese authorities and be listed on this list . Note that this registration differs from the registration of food producers which takes place in CIFER (Single Window). 

Earlier this autumn, information was collected by the Norwegian Food Safety Authority in collaboration with industry organizations to list producers of live aquatic products. For the producers who were on these lists, it is not necessary to register again as snow crab has been added to the list for all companies. 

For companies that were not on the previously sent list and wish to register for live seafood to China, this can now be done by following the process described here .


Other Media | fishfarmingexpert: Salmon tax is here to stay, whatever the colour of the government

NORWAY
Tuesday, December 03, 2024

Norway’s 25% extra tax on salmon farmers appears to be here to stay, the latest pronouncements from the country’s opposition politicians indicate.

A victory for right-of-centre parties at the general election in September next year has been the salmon industry’s best hope of reversing the so-called ground rent tax conceived by the Labour-Centre party coalition and voted into existence by left-leaning politicians in June 2023. 

Source: fishfarmingexpert l Read the full article here

 


Other Media | Fish Farmer: Trudeau's net-pen farming ban 'will cost Canadians $9bn'

CANADA
Tuesday, December 03, 2024

Canadians will pay dearly for their government’s policy on net pen salmon farming in British Columbia, a report has warned.

The tax burden could soar to CAN $9bn (£5bn), according to an economic impact assessment by the Canadian consulting firm RIAS Inc.

The report, commissioned by the BC Salmon Farmers Association, concludes that the ban announced in June by Justin Trudeau’s government, and the proposed draft transition plan, would result in at least $9bn in unnecessary costs to Canadian taxpayers to compensate for the sector’s closure, and to subsidise unproven closed containment technology companies.

Author: Vince McDonagh / Fish Farmer l Read the full article here

 


Other Media | SalmonBusiness: Bakkafrost marks launch of direct to consumer online store

FAROE ISLANDS
Tuesday, December 03, 2024

Faroese salmon producer Bakkafrost has launched an online store for the Danish market, allowing consumers to purchase its premium salmon products directly from the company.

The new platform, available at bakkafrostshop.com, features a range of offerings, including salmon fillets and portions (both fresh and frozen), smoked salmon in various styles, and specialty items from Munkebo, such as salmon in olive oil and vegetable soups.

Source: SalmonBusiness l Read the full article here

 


Other Media | La Voz de Galicia: A 400-meter container ship and a 274-meter oil tanker collide in the Strait of Gibraltar

GIBRALTAR
Tuesday, December 03, 2024

There were no injuries or spills in a collision whose causes are being investigated by the Maritime Authority of Algeciras
 
None of the 49 crew members of the merchant ships that collided this morning in the bay of Algeciras have been injured in an accident whose causes are being investigated by the maritime authorities. In an area of ??the Strait of Gibraltar, the container ship HMM ST Petersburg, 400 meters long and 62 meters wide, and the oil tanker Gloria Maris, 274 meters long and 48 meters wide, collided. Maritime Rescue mobilized the rescue vessels Luz de Mar and Salvamar Denébola.
 
Source: La Voz de Galicia l Read the full article here

Other Media | iPac.acuicultura: Food alerts and collateral damage

ITALY
Tuesday, December 03, 2024

Since the end of October, a food alert for the presence of Hepatitis A communicated by the Rapid Alert System for Food and Feed of the EU (RASFF) referring to a product for consumption in Italy, more specifically mussels, has brought the Galician mussel sector to its knees, which, unaware of this episode, has seen with unease not only the uneasiness with which its clients reacted to said alert but also the compromised image of its product. It is not the first time this has happened.
 
Having a food safety control system that guarantees that the products available to consumers are safe and do not pose a risk to health is essential.
 
Source: iPac.acuicultura l Read the full article here

IN BRIEF - The Norwegian Seafood Council has urged the Federal Government (FG) to expedite the approval of zero-percent import duty on stockfish.

NIGERIA
Monday, December 02, 2024

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.


IN BRIEF - Delpeyrat Unveils Festive Delights for the Holidays

FRANCE
Monday, December 02, 2024

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.


IN BRIEF - PRODUCE authorizes extraction of scallops in the area between Lobos de Tierra Island, between Piura and Lambayeque

PERU
Monday, December 02, 2024

  • 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.

  • 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.
 
The permit is based on the recent report of the Peruvian Sea Institute (IMARPE), which confirmed the existence of a significant population stock of scallops in the area. The extraction activity will be limited to specimens with sizes between 25 and 65 millimeters in valve height, under strict control and monitoring. In addition, the extraction period will be extended until April 30, 2025 or until the established quota is reached.
 
The measure encourages the integration between artisanal fishing and aquaculture, a growing sector that contributes to the country's food security.

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