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Fish is the reason for Iceland´s EU skeptisism

Negotiations between Iceland and the EU regarding Iceland’s a...

Pescanova and creditor banks negotiating loan terms

SPAIN
Monday, May 20, 2013, 23:50 (GMT + 9)

Deloitte, Pescanova’s reorganisation administrator appointed by the National Securities Market Commission (CNMV), continues negotiating with the major creditor banks the conditions of a EUR 55 million loan for the company. Last week, several creditor banks of the Galician multinational firm committed to providing the loan to keep the firm operating in the short term. Six of the seven members of the former steering committee (Sabadell, Novagalicia, Popular, Bankia, CaixaBank and Deutsche Bank) were willing to provide more liquidity to Pescanova. Anyway, Deloitte initiated contacts with other banks in an attempt to encourage them to join this group, such as Caixa Geral and Espirito Santo, Commerzbank, Santander, BBVA, Ceiss and Liberbank. With regard to the conditions for granting the loan, it is expected it is signed in the coming days, at an interest rate of Euri... FULL STORY

Norway Q1 brings third-highest turnover ever for Lerøy Seafood Group May 20, 05:00 The prices achieved by Lerøy Seafood Group for Atlantic salmon and trout in the first quarter of 2013 a... FULL STORY		Japan Cesium findings in eel coverup reported May 20, 04:00 A scientist has admitted having detected radioactive cesium in eels caught in a boundary river between the Tok... FULL STORY

United States Synthethic Genomics, ExxonMobil to develop algae biofuels May 20, 02:10 Synthetic Genomics Inc (SGI) announced a new co-funded research agreement with ExxonMobil to develop algae bio... FULL STORY		Honduras Measures implemented to prevent shrimp disease entry May 20, 01:20 The Honduran government decided to take a number of precautionary measures, applicable both by air and by land... FULL STORY

Denmark
Maersk building 20 mega-ships despite 'challenging' conditions
May 20, 23:20
Danish shipping firm Maersk is going ahead with a plan to build 20 ships stretching almost a quarter of a mile long. These new ships -- which will be ... FULL STORY

Worldwide
Overfishing has dangerously led to more abundant shellfish: study
May 20, 23:00
Overfishing has reduced fish populations and biodiversity across much of the world's oceans. In response, fisheries are increasingly reliant on a hand... FULL STORY

Peru
Maximum hake catch increased
May 20, 22:30
The Ministry of Production (Produce) authorized the increase of the maximum total allowable catch (MTAC) of hake (Merluccius gayi peruanus) for the fi... FULL STORY

MORE NEWS

Iceland May 20, 22:10 (GMT + 9):
	IN BRIEF - Partisan rating of mackerel by MCS challenged

Australia May 20, 22:00 (GMT + 9):
	IN BRIEF - Quotas in the South East increase 600 tonnes

Spain May 20, 00:20 (GMT + 9):
	'Revolutionary' biodegradable packaging developed for fish

United States May 18, 11:30 (GMT + 9):
	IN BRIEF - Nanocoating protects larva and small fish from the vacuum of space for one hour

Republic of Ireland May 18, 11:20 (GMT + 9):
	IN BRIEF - Coveney: Way prepared for ban on discarding fish

India May 18, 10:30 (GMT + 9):
	IN BRIEF - Trawling ban will be for 47 days: Minister

Fiji May 18, 10:20 (GMT + 9):
	IN BRIEF - EU should not use Global sourcing as a bargaining tool to access fisheries resources

Canada May 18, 09:00 (GMT + 9):
	IN BRIEF - Escaped farmed salmon could cause problems, council warns

United States May 18, 05:20 (GMT + 9):
	IN BRIEF - Fish processor says contract breach cost it millions

Nigeria May 18, 05:00 (GMT + 9):
	IN BRIEF - Govt urged to save fish industry from collapse

Croatia May 18, 02:50 (GMT + 9):
	IN BRIEF - WWF applauds first management plan for Mediterranean fisheries

Austria May 18, 01:10 (GMT + 9):
	IN BRIEF - Iglo Austria achieves target of 100 per cent MSC certified ocean-caught fish

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Anti-corruption prosecutor requests charges against Pescanova’s former managers
Spain The anti-corruption prosecutor requested charges against Pescanova’s former managers and various stakeholders for the crime of faking data and using relevant information.

Synthethic Genomics, ExxonMobil to develop algae biofuels
United States Synthetic Genomics Inc announced a new co-funded research agreement with ExxonMobil to develop algae biofuels from strains with significantly improved production characteristics by employing synthetic genomic science and technology.

Fish have been moving toward colder waters for four decades: study
Worldwide Global fish stocks have been migrating towards cooler, deeper waters for the past four decades due to climate change, according to researchers from the University of British Columbia.

Scotland welcomes 'big leap' taken in CFP reform
United Kingdom Scotland welcomes the fact that the European Fisheries Ministers have been able to agree on the mechanisms to deliver important aspects of the new Common Fisheries Policy.