Fish industry news

The single most important factor determining the health of the ocean is the way business is done in the marine environment, as the tragedy in the Gulf of Mexico so starkly demonstrates, reports www.megafishnet.com

The State Budget has flagged an annual $1.5million from 2011-12 to ensure the protection of the marine environment of Camden Sound, about 300km north east of Broome, reports www.megafishnet.com

On 8-15 May 2010 registered catch of Russian vessels in North Atlantic and Central-Eastern Atlantic amounted to 25,400 tonnes (3,500 tonnes down from the first week of May 2010, reports http://www.megafishnet.com/ (https://www.fishnet.ru/)

The upper layer of the world's ocean has warmed since 1993, indicating a strong climate change signal, according to a new study. The energy stored is enough to power nearly 500 100-watt light bulbs per each of the roughly 6.7 billion people on the planet, reports www.megafishnet.com

With global demand for seafood rising and the world's supply of wild fish in peril, the need for sustainable aquaculture has never been greater. And while aquaculture holds tremendous promise, its explosive growth has brought a host of concerns about pollution, food safety and sustainability. Experts say we should eat more seafood for its health benefits, but with all of the confusion about what fish is safe, what's abundant, and what's sustainably produced, it's hard to figure out what to eat, reports www.megafishnet.com

Plans are for HB Grandi's pelagic vessel Lundey NS to start fishing on herring in the middle of next week, followed by Faxi RE and Ingunn AK, according to Vilhjalmur Vilhjalmsson, head of HB Grandi's pelagic division, reports www.megafishnet.com

Greenpeace is not against purse-seining. That may surprise some people. Sure it's a big industrial-looking fishing operation, involving huge nets and catching lots of fish. But that's not always a bad thing, reports www.megafishnet.com

In March 2010 the market specialists were mainly focused on the situation with frozen pollock roe and the results of its seasonal shipments to the markets of Japan and South Korea (as well as for processing to China) were fairly satisfactory for the Russian producers, just like the results of shipments of cod, halibut, ocean perch and Atka mackerel. Thus, the market developments in March 2010 were fairly favourable for the Russian side and its foreign customers, though the situation with shipments of crabs still caused serious concerns, according to the overview prepared by analysts of www.megafishnet.com (www.fishnet.ru) based on Japanese and Russian sources.

According to daily catch reports as per 9 May 2010, the total harvest in the Russian Far East through the first week of the month amounted to about 27,000 tonnes. The catch volumes of Alaska pollock, the basin's dominating species, had been gradually decreasing, reports http://www.megafishnet.com/ (https://www.fishnet.ru/)

Findus Group, one of Europe's largest food groups, has made three significant category appointments in its Marketing division, reports www.megafishnet.com

European Commission published its report launching discussions on fishing opportunities in EU waters in 2011. The document sets out how the Commission intends to act on the scientific advice it receives on the state of fish stocks when proposing catch limits and quotas for next year. Maritime Affairs and Fisheries Commissioner Maria Damanaki wants to bring EU fishing limits back to sustainable levels in 2011 - in line with the EU's international commitments and recommendations from the authoritative science bodies which advice the Commission, reports www.megafishnet.com

Modern fishing vessels in the United Kingdom work 17 times harder than their Victorian counterparts to catch the same amount of fish, according to a recent study by British researchers. Writing in the journal Nature Communications, Ruth Thurstan of the University of York and colleagues state that their findings show that groundfish populations in the region have been declining for far longer, and have deteriorated more significantly, than had previously been believed, reports www.megafishnet.com

Statistics Iceland has released a new issue of Statistical Series in the topical category of fisheries. This issue presents export and export production of marine products, reports www.megafishnet.com

The Pescanova Group net profit was 5.1% higher than in the same period last year reaching €8.0 million, reports www.megafishnet.com

Lighthouse Caledonia, Scotland's largest independent salmon farming business, has announced record results for the first quarter of 2010, following improved levels of production and strong market conditions, reports www.megafishnet.com

Marine Stewardship Council's (MSC) Independent Adjudicator, Michael Lodge, remanded the proposed MSC certification of the Ross Sea Antarctic toothfish fishery back to the certifier, Moody Marine, for major reconsideration. The adjudicator's determination results from an appeal filed by the Antarctic and Southern Ocean Coalition (ASOC), representing the great majority of its member groups, reports www.megafishnet.com

Singapore Exchange Mainboard-listed industrial fishing company China Fishery Group Limited ("China Fishery" or the "Company") (SGX: B0Z.SI) announced that it has become the sixth largest fishmeal company in Peru following the acquisition of the entire share capital of a Peruvian fishing company - Pesquera Alejandria S.A.C.1 ("Alejandria"), for the total consideration of US$95.0 million, reports www.megafishnet.com

Fish farm equipment manufacturer Fusion Marine has delivered eight Triton 450 Open Sea (OS) salmon pens for Marine Harvest's Marulaig Bay site in South Uist in an order worth more than £300,000, reports www.megafishnet.com

By the start of May 2010 the results of the Russian and American roe pollock fisheries were generally clear for the market participants with the Russian indices quite expectedly exceeding the results of the US operations both in terms of production volumes and prices. It is also possible that the results of the new salmon season will turn out to be fairly good for the Russian producers judging by the basic information on the main markets' condition (Japan inclusive), according to the overview prepared by analysts of http://www.megafishnet.com/ (https://www.fishnet.ru/)

Eimskip undertook a complete restructuring in the year 2009. As a part of the restructuring process, creditors and new investors took over the transportation operation on October 1st 2009 and appointed a new Board of Directors, reports www.megafishnet.com