The coronavirus crisis, now surpassing 10 months in length in China, is accelerating longer-term trends that have been developing in the country’s seafood marketplace for nearly a decade.

China typically sends millions of tourists around the world during the National Day holiday, which took place 1 October this year. But with international travel restrictions in place due to the COVID-19 pandemic, many of those who typically would have traveled abroad stayed home, visiting local tourist attractions instead.

Author: Mark Godfrey / SeafoodSource | Read the full article here

Thai Union Group PCL, one of the world's leading seafood companies, and Corbion, the market leader in the production of lactic acid and its derivatives and a leading supplier of emulsifiers, functional enzyme blends, minerals, vitamins and ingredients from microalgae, have announced that, following a successful large-scale trial in 2019, they will expand the adoption of AlgaPrime DHA, an omega-3 rich algae ingredient, to feed Thai Union shrimp."This milestone marks a crucial moment for both shrimp farmers and other seafood producers, as it validates another success in using alternative and sustainable food ingredients at scale," said Thai Union Group PCL in a statement. .

Source: iPac.acuicultura | Read the full article here

Biotech company soon ready to list.

After the close of the Oslo Stock Exchange’s on Thursday, Hofseth BioCare announced that it was chasing EUR 18 million in fresh capital. The funds will contribute to strengthened balance sheets, increased free float, and “to ensure 12 months of liquidity” for the company, which has been a loss-maker for years.

Hofseth Biocare is a Norwegian producer of biomarine ingredients for human applications, such as fresh salmon oil and protein powder.

Author: Aslak Berge / SalmonBusiness | Read the full article here

BANGKOK, THAILAND – OCTOBER 16, 2020 – Hall 103 and 104 of BITEC, Bangkok will act as a meeting hub for industry leaders from government and private sectors in Livestock, Aquaculture, Horticulture, Animal Companion, Laboratory Technology, Biotechnology and Smart Health from 28 to 30 October in Bangkok, Thailand. Along with the mentioned industries, the organizers will specifically welcome all MICE friends to stop by VNU Expo Expo for a genuine face-to-face experience onsite.

VNU Asia Pacific offers exhibition and conference platforms in key industries across South East Asia. The company’s mission is to connect individuals, brands and markets through various platforms. COVID-19 has greatly affected the event industry.

A company that uses fish cage collars to create floating solar energy plants is planning to list on Norway’s Merkur Market to raise money for expansion.

Ocean Sun has previously conducted tests of the concept at a salmon farm run by Scottish Sea Farms co-owner Lerøy on Osterøy outside Bergen.

The company’s aim was to provide supplementary clean power for fish farms that don’t have access to shore power and are reliant on greenhouse gas generating diesel generators. Ocean Sun uses a cage collar with a plastic sheet stretched across which supports the solar panels.

Author: Ole Andreas Drønen / fishfarmingexpert | Read the full article here

ICES has recommended that there should be no fishing for capelin in the Barents Sea next year. In compliance with the Norwegian-Russian harvesting regulation, the Norway-Russia Fisheries Commission will set a zero quota.

Acoustic survey work in the Barents Sea is the key tool for evaluating the state of the stock, and researchers at the Institute of Marine Research estimate a spawning stock of capelin at 545,000 tonnes. Taking into account predation by cod and other species, as well as other factors, the researchers have to forecast how much will be left by 1st April – and for next year the outlook isn’t seen as strong enough to support a fishery.

Author: Quentin Bates / FiskerForum | Read the full article here

Aller Aqua has discovered a new way of feeding fry which improves growth and reduces early mortality and deformities.

The importance of polyunsaturated fatty acids (PUFA) in the nutrition of larvae and fry is well-documented and PUFAs have been a focus area when developing fry feeds at Aller Aqua.

Phospholipids, derived from krill oil or purified fish oil, are essential for maintaining membrane homeostasis, gene expression, hormone synthesis, neurological development and inflammatory response and research has shown that PUFAs presented as phospholipids are digested and metabolised more efficiently than PUFAs in other lipid classes.

Source: Worldfishing | Read the full article here

Harvest volumes Q3 2020 (1)

In connection with the presentation of the Q2 2020 results, Mowi ASA guided a total harvest volume of 128.0 thousand tonnes (GWE) for Q3 2020.

Note:

(1) The harvest volumes are provided in gutted weight equivalents (GWE). The figures include salmonid species only.

Additional information

Operational EBIT for the Group was approximately EUR 80 million in Q3 2020 (EUR 148 million in Q3 2019).

Total Operational EBIT per kg through the value chain was approximately as follows:

Reported financial net interest-bearing debt (NIBD) was approximately EUR 1 460 million at the end of the quarter (excluding IFRS 16 effects).

The complete Q3 2020 report will be released on 4 November at 06:30 CET.

Please refer to the Annual Report for detailed descriptions and reconciliations of non-IFRS measures such as Operational EBIT and NIBD.

The wild fish and aquaculture industries are promoting a plan to position Canada as one of the main producers of fish and shellfish, hoping to become key players in the economic recovery after the pandemic.

Following the commitment made by the Canadian federal government in the "Throne Speech" of 2020, related to developing a strategy for the economic development of aquaculture and fishing activities in that country, the Fisheries Council of Canada (FCC, for its acronym in English) and the Canadian Aquaculture Industry Alliance (CAIA, for its acronym in English) presented this Wednesday, October 14, the “Blue Economy Strategy 2040”, consisting of a joint vision and a plan action to capture the untapped potential of Canadian waters.

Source: aqua.cl | Read the full article here

The financial entity will continue to support the Vigo SeaFest festival, whose last edition had to be suspended

Abanca and the Cooperativa de Armadores de Vigo (Arvi) have renewed for one year the collaboration agreement that they maintain, including in the new text financial products that meet the challenges generated by covid 19 in the fishing sector, a basic group of the economy Galician, says the entity in a statement.

The president of ARVI, Javier Touza, the director of the Abanca area in the Vigo area, Óscar Rodríguez, and the coordinator of Abanca Mar, Miguel Ríos, signed the new agreement today at the bank's office within the fishing port of Vigo

Source: The Voice of Galicia | Read the full article here