News - page 198

The SalMar Group made an operating profit of NOK 175.3 million in the fourth quarter 2009, 30 per cent more than in the same quarter in 2008. SalMar Central Norway continues to make progress and, on the back of further sound biological developments and operational efficiency, and posted very strong results for the quarter. SalMar Northern Norway had a challenging quarter, while stable prices and cost levels led to good results in Scotland. For 2009 as a whole the SalMar Group posted an operating profit of NOK 584.8 million, some 73 per cent up on 2008, reports www.megafishnet.com

Capelin production started up at HB Grandi's Vopnafjördur plant late last Tuesday night when Faxi RE docked with around 1400 tonnes of capelin on board. The capelin were graded, with the male fish sent for freezing for the Eastern European market, while the female fish were processed for roe extraction, with the roe frozen for Japanese customers, reports http://www.megafishnet.com/ with reference to HB Grandi.

HB Grandi has decided to send veteran purse seiner Vikingur AK to fish on capelin. The ship has been in port in Akranes since last summer when it was used to transport herring catches. The decision was taken early yesterday and Vikingur was on its way around midday, reports www.megafishnet.com

M&J Seafood announced on the 1st February 2010 it would no longer supply European Eel to the catering trade from end of March 2010 due to the species being classified as critically endangered' on the IUCN Red List, reports www.megafishnet.com

M&J Seafood, a leading supplier to the foodservice sector hosted the final of the Alaska Seafood recipe challenge at their development Kitchen in London's Covent Garden on the 15th February, reports www.megafishnet.com

The transformation of the world's seafood markets to a sustainable basis by the fisheries, processors and retailers engaged in the MSC certification programme is the subject of the latest film in Alvin Hall's series about social entrepreneurs, reports www.megafishnet.com

The most precise instrument to pinpoint CO2 emission "hotspots" comes from Damco. This was announced in a newly published joint study, conducted by Damco and the Massachusetts Institute of Technology, reports www.megafishnet.com

"Key industry representatives all present"
12th fish international closes at the Bremen Exhibition Centre "The fish industry meets in Bremen - and that held true for fish international 2010, too: Our exhibitors are satisfied, and so are the trade visitors", sums up Hans Peter Schneider, the Managing Director of Messe Bremen, after the gates closed on the 12th fish international after three days, reports www.megafishnet.com

World fish oil production is declining despite higher Peruvian production. Prices increased in the course of 2009, but without reaching the peaks of mid 2008. Demand for fish oil is strong on the world market, and further price increases are likely in coming months, reports www.megafishnet.com

Ahead of next week's annual Indian Ocean Tuna Commission (IOTC) meeting in Busan, Korea, the International Seafood Sustainability Foundation (ISSF) is calling on nations to ‘adopt and enforce scientifically sound conservation management measures' for yellowfin tuna in order to keep catches at or below 300,000 tons, a level scientists have determined is the maximum that can be fished while still allowing the stock to recover from overfishing, reports http://www.megafishnet.com/

Wal-Mart, the world's largest retailer, has again set out its stall to reduce its impact on the environment and issued plans to lower its carbon emissions, reports www.megafishnet.com

Vietnamese tra and basa fish exports to Russia, which started in 2009, have risen steadily in recent months and are expected to fetch US$100 million in revenue in 2010, according to the Ministry of Agriculture and Rural Development, reports www.megafishnet.com

Reference is made to the Company's announcements dated 21 January 2010, 12 February 2010 and 18 February 2010 in relation to the proposed secondary listing of all of its ordinary shares on Oslo Børs of Norway.
Unless otherwise defined, all capitalised terms used in this announcement shall bear the same meanings as in the Company's announcement dated 21 January 2010, reports www.megafishnet.com

High Liner Foods Incorporated, a leading North American value-added frozen seafood company, today reported financial results for the thirteen week period and fiscal year ended January 2, 2010. All amounts are reported in Canadian dollars, reports www.megafishnet.com

The MSC (Marine Stewardship Council) welcomes the decision by the Parties to the Nauru Agreement (PNA) to proceed with the full assessment of 40% of their skipjack tuna fishery. The historic announcement was made today, following the 1st PNA Presidential Summit in Koror, Palau, reports www.megafishnet.com

The value of New Zealand's commercial fish stocks passed the $4 billion mark in 2009, reports www.megafishnet.com

Black Star Gourmet, a Premier Online Gourmet Food Retailer, Is Inviting Those With a Taste for the Exquisite to Experience an Extraordinary Gourmet Delicacy, reports www.megafishnet.com

On 24th of February 2010, scientists from the NOAA-funded Gulf of Maine Toxicity project issued an outlook for a significant regional bloom of a toxic alga that causes ‘red tides' in the spring and summer of this year, potentially threatening the New England shellfish industry, reports www.megafishnet.com

Togo's Eateries, Inc., a West coast original since 1971, serving great sandwiches handcrafted and stuffed with fresh ingredients, announced today Lemon Pepper Tuna is back for a limited time beginning today and will be available through April 27th, 2010. The popular Lemon Pepper Tuna sandwich will be offered on Togo's new San Francisco Style Sourdough bread for only $4.99, reports www.megafishnet.com

Cell Aquaculture Limited (ASX:CAQ) has secured an initial $2.4 million investment from a large European strategic investment partner, reports www.megafishnet.com