Cutting capital expenditures and placing production facilities near the market are two keys to profitable land-based aquaculture, and a Japanese company is achieving both these goals by re-purposing vacant urban buildings.
Aqua Stage, established as a spin-off from Willstage, is a company based in Kusatsu City, Shiga Prefecture, Japan developing commercial aquaculture facilities using new water purification technology in abandoned buildings. So
… Read MoreJapan’s Fisheries Agency has released its annual Fisheries White Paper, covering trends in fisheries and aquaculture, the supply and demand patterns of fiscal-year 2021, and the impacts of the pandemic on the country’s seafood industry.
The white paper starts off with a review of Japan’s fifth Basic Fisheries Plan, a five-year guideline for systematically promoting fisheries-related measures based on Japan’s Basic Act on
… Read MoreThe Western and Central Pacific Fisheries Commission (WCPFC) will consider adopting a management procedure (MP) for skipjack tuna, but members of the Parties to the Nauru Agreement (PNA) are hesitant to commit to them.
The measure will be taken up at the WCPFC’s 19th regular session, taking place 27 November to 3 December in Da Nang, Vietnam. The PNA said its member-states want any MP proposals to be just an item taken into account when
… Read MoreMitsubishi and Maruha Nichiro have established a joint venture called “ATLAND Corporation” to farm Atlantic salmon on land using proceeds from Japan’s first blue bond.
Through the joint venture Mitsubishi and Maruha Nichiro plan to build a land-based recirculating aquaculture system (RAS) facility with a capacity of 2,500 metric tons (MT) (live weight equivalent) in Nyuzen Town in Toyama Prefecture, aiming to start operations
… Read MoreThe North Pacific Fisheries Commission (NPFC) held a special meeting on 18 October to reschedule the Seventh Annual Session of the Commission of the North Pacific Fisheries Commission (NPFC) after postponement caused by complications of Russia's invasion of Ukraine.
The NPFC's subsidiary bodies, such as administrative and scientific committees, will now meet 18 to 25 March, 2023 in Japan, and the commission itself will meet from 23 to 25
… Read MoreThe amount of saury landed in Japan is increasing, bringing some relief to Hokkaido and northeast Honshu fishermen.
Early on in the season, which opened in mid-August, Japan's saury catch was at its lowest level ever. At that time, schools of the fish were mainly in international waters, about three days from Japanese ports in Hokkaido. But to reach them in a straight line, fishing vessels had to cross through Russian waters.
Given the
… Read MoreProximar Seafood shareholders have approved a resolution to issue a convertible bond worth between NOK 150 million and NOK 250 million (USD 14.2 million and USD 23.8 million, EUR 14.4 million and EUR 24.1 million).
The funds will enable the company to begin its production phase and partly secure its further funding needs for its planned recirculating aquaculture system (RAS) facility near Japan's Mount Fuji, according to
… Read MoreEven as eco-labels gain more market traction in Japan, the number of Marine Stewardship Council (MSC) certified fisheries in the country remains low.
There are eight named MSC fisheries in Japan, but some of these fish for multiple species. MSC counts named fisheries according the number of number of species fished (e.g., a named fishery that fishes for both bonito and albacore is counted as two certified fisheries.). By this counting
… Read MoreRussian seafood exports continue to flow into Japan, despite revoking Russia’s most-favored-nation status in March 2022 in response to Russia’s invasion of Ukraine.
The total value of all of Japan’s imports of Russian seafood in 2020 was JPY 103.9 billion (USD 900 million, EUR 900 million), representing about 7 percent of Japan’s seafood imports.
According to the Japanese Ministry of Finance,
… Read MoreA small business ecosystem is forming around Japan’s nascent land-based vannamei shrimp production.
At the 24th Japan International Seafood and Technology Expo, held at Tokyo Big Sight 24 to 26 August, Tokyo-based IMT Engineering Co., promoted its proprietary "Indoor Shrimp Production System (ISPS)” as it had at the previous year’s show. But this year, there were additional related booths – one for the Indoor Shrimp
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