Fish industry news

At its meeting on 7 April 2010, the Board of Directors of Austevoll Seafood ASA approved the final report and accounts for 2009. Final accounts and proposed dividend of NOK 1.20 per share (202,717,374 shares), are not altered from preliminary figures which were published on 25 February 2010, reports www.megafishnet.com

Russia's First PM Victor Zubkov has commissioned the nation's ministries to work out amendments to the customs legislation aimed at cancelling excessive import duties for seafood harvested in the Russian EEZ, delivered to the nation's territory (mandatory procedure) and meant for further export, reports http://www.megafishnet.com/ (https://www.fishnet.ru/)

From the start of 2010 the Russian fishermen harvested 11,300 tonnes of flounder/plaice, 2100 tonnes up on the same period of 2009 with the TACs 2010 thus covered at 17%, reports http://www.megafishnet.com/ (https://www.fishnet.ru/)

The most innovative product of Simo Fishprocessing GmbH & Co. KG from Merzig in 2010 is hotsmoked salmon cubes, reports www.megafishnet.com

Brussels, BELGIUM - (7 April, 2010) - Forty-three finalists have been selected in the Seafood Prix d'Elite new product competition. The forty-three finalists come from sixteen countries around the world and were chosen out of 94 total entries, reports www.megafishnet.com

OJSC Russian Sea Group (the "Company" or the "Group"), a leading Russian consumer food company, specializing in the production, sale and distribution of branded ready-to-eat fish & seafood products, and the sale and distribution of chilled and frozen fish & seafood products, announced the price range of its initial public offering (the "Offering") of its ordinary shares to investors in the Russian Federation, in certain jurisdictions outside the Russian Federation under circumstances not constituting an offer to the public in such jurisdictions, and outside the United States in reliance on Regulation S under the U.S. Securities Act of 1933, as amended, reports www.megafishnet.com

Young's has extended its innovative Micro range with the launch this spring of Micro Fish Fingers and Chips, reports www.megafishnet.com

Stolt-Nielsen S.A. (Oslo Børs: SNI) today reported unaudited results for the first quarter ended February 28, 2010, reports www.megafishnet.com

High Liner Foods Incorporated confirms that its shareholders have approved a special resolution to amend the terms and conditions of High Liner's non-voting equity shares to provide for a time-limited right of retraction. The special resolution also amends the terms and conditions of High Liner's common shares to permit each common share to be converted into a non-voting equity share at any time at the option of the holder after the expiry of the non-voting equity share retraction right, reports www.megafishnet.com

In the Q4 2009 report, the Board of Directors of Marine Harvest announced its intention make an AGM proposal to distribute a dividend based on the 2009 results of NOK 0.35 per share, of which NOK 0.25 would be payable shortly after the AGM, and NOK 0.05 would be payable in both Q3 and Q4 2010, reports www.megafishnet.com

The Boparan Group has today acquired one of the UK's leading fish
suppliers, Five Star Fish, in a deal that's set to secure jobs, protect its
future and provide a stable backdrop for continued growth, reports www.megafishnet.com

Whereas the recent global expansion of aquaculture is unlikely to continue at the same pace, certain regions have underexploited resources and offer considerable potential for further development, reports www.megafishnet.com

The Sveriges Pelagiska Producent Organisation (Swedish Pelagic Producers Organisation or SPPO) has entered its North East Atlantic mackerel fishery for full assessment under the Marine Stewardship Council's (MSC) [1] certification programme. The fishery will be assessed against the MSC standard for sustainable and well-managed fisheries, and, if successful, its products will be allowed to display the MSC ecolabel, reports www.megafishnet.com

Several dozens of Sakhalin-based fish processing plants are reported to accelerate their production yield thanks to installation of new Japanese equipment of Nikko Company, reports http://www.megafishnet.com/

The Baltic Sea 2020 Foundation, the Swedish Postcode Lottery and the Marine Stewardship Council (MSC) have agreed to work together to stimulate initiatives that will drive measures to improve the environmental quality of the Baltic Sea, reports www.megafishnet.com

Iceland´s Minister of Fisheries, Jon Bjarnason, has set a mackerel quota for Icelandic vessels in 2010, reports www.megafishnet.com

A quiet week in the pelagic fisheries, almost no Atlanto Scandic herring,the capelin fisheries are coming to an end and quiet for the blue whiting fisheries, reports www.megafishnet.com

Maruha Nichiro publishes financial results for the second quarter 2010, reports www.megafishnet.com

This is a voluntary participation project open to English registered fishing vessels of 10m LOA and over who are members of a PO and actively fishing in the North Sea demersal fisheries, reports www.megafishnet.com

Target® announced that it has eliminated all farmed salmon from its fresh, frozen, and smoked seafood offerings in Target stores nationwide. This announcement includes Target owned brands - Archer Farms® and Market Pantry® - and national brands. All salmon sold under Target owned brands will now be wild-caught Alaskan salmon. Additionally, sushi featuring farm-raised salmon will complete its transition to wild-caught salmon by the end of 2010, reports www.megafishnet.com