IN BRIEF - Marine Harvest ASA: EUR 375 million Convertible Bond Agreement 2014/2019 ISIN NO 001 0710395 - Conversion of bonds
Saturday, May 20, 2017
Reference is made to the stock exchange release issued on 11 May 2017, where Marine Harvest announced that bondholders representing an aggregate principal loan amount of EUR 353,900,000 under the EUR 375 million five year convertible bond issued by Marine Harvest in 2014, maturing on 6 May 2019 (ISIN NO 001 0710395) had elected to convert their bonds into shares.
The conversion has now been completed and Marine Harvest's share capital has been increased by NOK 284,004,285 through the issuance of 37,867,238 new shares. The share capital increase was registered in the Norwegian Register of Business Enterprises on 19 May 2017 and following such registration Marine Harvest ASA has a share capital of NOK 3,676,258,327.50 divided into 490,167,777 shares each with a par value of NOK 7.50.
Following the conversion, the entire outstanding principal amount under the EUR 375 million five year convertible bond issued by Marine Harvest in 2014, maturing on 6 May 2019 (ISIN NO 001 0710395) has been converted to equity.
B.C.’s Ministry of Environment has approved Cermaq Canada’s application to use hydrogen peroxide at 14 of its salmon farms in Clayoquot Sound.
The company applied for a permit to use the pesticide Paramove 50, which contains hydrogen peroxide, to kill sea lice at its farms last year and the province issued that permit on March 26.
“The pesticide, Paramove 50, has been assessed by Health Canada to ensure their general use will not result in adverse impacts to human health and the environment,” Environment Minister George Heyman told the Westerly News in an emailed statement.
With the permit in hand, the company can begin Paramove 50 treatments starting May 3 and the approved application is good for three years, expiring on March 26, 2021. Each site may be treated a maximum of six times a year. This would be the first time Cermaq has used hydrogen peroxide in Clayoquot Sound as the company has used an antibiotic insecticide coated onto fish food and ingested rather than applied topically like Paramove 50, to treat its fish for sea lice in the past.
BESUT - Over 8,000 fishermen in Terengganu benefited from the implementation of artificial reef projects embedded between three and five nautical miles off the state's coastal area since 2006.
Terengganu Agriculture and Agro-based Industry, Plantation and Commodities Management Committee chairman Datuk Muhamma Pehimi Yusof said a total of 1,194 artificial reefs were constructed during the period involving an expenditure of RM8.9 million from both federal and state allocations.
He said the six types of artificial reefs that were recently embedded, including the soft base concrete reef, were capable of producing fish breeding ground and prevent trawlers from continuously damaging the ecosystem and sea bed.
The discount grocer Aldi has been named the best British high street supermarket for sustainable fish, according to a new league table.
Some 79% of the seafood range stocked by the fast-growing German discounter is certified sustainable, the annual survey from the Marine Stewardship Council(MSC) found. This year’s results also show that supermarkets are selling more sustainable seafood than ever before – a 60% rise over the last two years.
The MSC is the international NGO that sets the standard for sustainable fishing around the world and its blue label indicates that seafood has been sustainably caught and traced back to its source. More than 20,000 seafood products worldwide now carry the MSC blue fish label.
The Ministry for Primary Industries (MPI) has released guidance on how international vessels can comply with strict new biofouling rules.
Next month, New Zealand will become the first country in the world to introduce a nationwide standard for biofouling. From 15 May, all commercial and recreational vessel operators will have to show they have managed biofouling on their vessels before they enter New Zealand waters.
"Biofouling presents a major biosecurity risk to New Zealand. The new standard aims to reduce this risk and protect our unique marine environment and our aquaculture industries by ensuring vessels arrive with a clean hull," says MPI's biosecurity and environment group manager, Paul Hallett.
KYIV – The volume of fish consumption in Ukraine is around 14 kg per capita a year, which is 6 kg less than the recommendations of the Food and Agriculture Organization of the United Nations (FAO), Director General of the Association of Ukrainian Fish and Seafood Importers Dmytro Zahumenny has said.
"With population of 35 million in Ukraine, Ukrainians consume 9-14 kg of fish per capita a year. In the world the figure exceeds 20 kg per capita a year," he said at a press conference at Interfax-Ukraine on Tuesday.
He said that in Japan the figure reaches 65 kg, in North America – 24 kg, in the EU – 21 kg and it is permanently growing in China.
About 44 percent of global coldwater crab production can be classified as sustainable or improving, and that number can improve quickly with more effort in North America and Europe, according to the newest sector report released by Sustainable Fisheries Partnership (SFP).
The report, released today, is the latest sector report focused on SFP’s Target 75 Initiative, a global movement launched last year that sets the goal of seeing producers of 75 percent of the world’s seafood operating sustainably or improving toward sustainable production by the close of 2020.
According to the report, A great deal of the coldwater crab that is not yet considered sustainable or improving is in the US, Canada and Europe, where markets are already engaged in sustainability. This places buyers in these markets in a position to use their influence to promote fishery improvement projects (FIPs) or assessment for Marine Stewardship Council (MSC) certification.
Aquaai, Aquabyte employ robotics and vision software to help farmers tackle animal health tasks, improve feed efficiency Norwegian salmon farmer Kvarøy Fiskeoppdrett, which operates farms near the Arctic Circle, this June will deploy robotic fish supplied by San Diego-based startup Aquaai to improve site monitoring.
Fishermen under the banner of the Zilla Gangaputra Sangham took out a rally demanding the cancellation of G.O. Ms. No. 6 here on Monday, which they felt turned out to be detrimental to their occupational interests.
They also protested against the alleged harsh comments of Animal Husbandry and Fisheries Minister Talasani Srinivas Yadav on the fishermen societies. Later, in a memorandum submitted to the District Collector sangham president Neeli Ramchander said Mr. Yadav during his recent visit to Darpally mandal literally unleashed threats to fishermen societies saying if they did not allow people from Mudiraj community into the societies, they would be scrapped.
He alleged that the TRS leadership keeping an eye on the Mudiraj vote bank wanted to benefit them against the interests of fishermen by bestowing fishingrights though they had nothing to do with the occupation. Fishermen had been living on fishing from time immemorial and fishing was their only source of income, he said.
Tinned tuna zinc could harm bowel metabolism United States
New research carried out by Binghamton University, New York, suggests that tinned tuna contains up to 100 times more zinc than is safe, which could seriously affect people's bowel nutrient absorption.