Posts Tagged ‘Asia and Australasia’
Tasmania salmon farms ‘not harming environment’, study finds
A recent research project has found that the expansion of salmon farming around Storm Bay, Tasmania has had little or no adverse environmental impact. The survey was carried out by the Institute of Marine and Antarctic Studies (IMAS) and supported by the Australian Government’s Fisheries Research and Development Corporation (FRDC). It was commissioned after environmentalists…
Read MoreConflicts impact on Vietnam 2023 seafood exports
Vietnam’s seafood exports in 2023 – mostly aquaculture related – have hit US $9.2bn (£7.2bn), just short of the $10bn (£7.8bn) goal that had been set at the start of the year. The Vietnamese Fisheries Directorate said the main export species were shrimp at US $3.45bn (£2.7bn) and pangasius at $1.9bn (£1.5bn), both heavily farmed.…
Read MoreNorcod lands big Chinese distribution deal
Cod farmer Norcod has signed a major deal with a Chinese distribution company to supply a minimum of 800 tonnes of fish. The figure represents around 10% of the company’s expected production this year. Trondheim-based Norcod said: “Even more crucial, the fish exported to China as part of this contract will generate profits – which…
Read MoreSalMar denies China fish smuggling claims
SalMar has strongly denied a Norwegian radio report that it was involved in the illegal import of salmon into China a decade ago. Worried about seafood being smuggled into the country through Vietnam to get around sanctions imposed on other nations, China imposed major restrictions on seafood shipments from overseas. The radio station NRK Dagsnytt…
Read MoreTuna sold for post pandemic record of £620,000
If you think the price of your tuna sandwich is too much, spare a thought for the buyers on Tokyo fish market earlier this week. They paid a post pandemic record 114.2 million yen – around £620,000 – for a 238 kilogram bluefish tuna at a New Year auction. It is the highest figure since…
Read MoreProximar’s salmon reach first post-smolt grow-out stage
Proximar Seafood AS has just announced that the first batch of Atlantic salmon has been successfully transferred from the nursery department to the post smolt grow-out facility (PSG). The fish will be harvested at the company’s Oyama facility near Mount Fuji during the third quarter of 2024. Chief Operating Officer (COO) Dharma Rajeswaran said: “It…
Read MoreBillionaire builds stake in Australian kingfish farmer
Australian tech billionaire Anthony Hall has amassed a significant stake in troubled yellowtail kingfish producer Clean Seas Seafood. Hall, co-founder of medical imaging business Pro Medicus, now owns just over 11.5% of Clean Seas’ equity. Clean Seas sells its kingfish through two brands: Spencer Gulf Kingfish for professional cooks/foodservice, and South Australian Yellowtail for consumers…
Read MoreAnother NOK 100m raised for China RAS project
Nordic Aqua partners has successfully raised around NOK 100m or almost £7.5m for its China project. The company is developing an initial 4,000 tonne land-based facility near the city of Shanghai, with the first stage due to be completed by next spring. The fresh capital was raised by printing 1,434,721 new shares at a 5.8%…
Read MoreProximar seeking extra £12m due to cost inflation
Proximar Seafoods, the company behind the Mount Fuji RAS salmon farm project in Japan, has said it needs to raise more money due to rising construction costs. It is looking for an extra NOK 165 million (around £12m). Proximar said the project’s total capital expenditure (capex) has been updated to NOK 1,240 million (£92m), up…
Read MoreSalmon farming may be halted to save rare skate
Federal authorities in Australia say salmon farming operations in Tasmania’s Macquarie Harbour could be temporarily halted amid a reconsideration of licences to protect a rare breed of skate. But the move has been met with fierce opposition from the local salmon industry. Federal Environment Minister Tanya Plibersek has warned the industry it may not be…
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