U.K.-based grocery chain Tesco has published the results of its first independent bycatch audit, which found significant risks in a number of its key source fisheries.
Consisting of a review and risk assessment, the audit was completed by marine conservation organization Sustainable Fisheries Partnership (SFP) in partnership with Whale and Dolphin Conservation and the Royal Society for the Protection of Birds.
The audit examined threats to
… Read MoreKverva, Norway-based aquaculture company Icelandic Salmon AS, which owns producer Arnarlax and other subsidiaries, and part of the SalMar group, reported operating revenues of almost EUR 72.1 million (USD 71.3 million) for the first half of 2022, a 103.5 percent year-over-year increase.
The company said increased market prices for salmon in the period contributed to its solid H1 2022 results, alongside steady cost control and efficient
… Read MoreDespite some strong headwinds, bumper salmon sales together with high prices led Norway to its best-ever month for seafood export earnings in August 2022.
The Scandinavian country sold NOK 12.5 billion (USD 1.24 billion, EUR 1.25 billion) worth of fisheries and aquaculture products to overseas markets in August, with the new record total up 30 percent, or NOK 2.9 billion (USD 289.1 million, EUR 289.2 million) compared to August 2021.
So far
… Read MoreThe Constitutional Reserve Fund of Monaco has allocated EUR 10 million (USD 9.8 million) to the Ocean 14 Capital EUR 150 million (USD 148 million) “blue economy” impact fund to back innovators and solutions working to improve ocean health.
Ocean 14 said that with this backing, its fund is on track to invest in eight companies this year, and to grow its portfolio to between 20 and 25 businesses within three years. So far this
… Read MoreTallinn, Estonia-based fish-farming company PRFoods has confirmed its subsidiary, Saaremere Kala AS, has signed a share-purchase agreement for the transfer of 100 percent of the shares in Överumans Fisk AB to Vattudalens Fisk AB ...
Photo courtesy of PR
… Read MoreTrade body Salmon Scotland has called for greater investment in rural housing.
Housing prices have risen more in Scotland's highlands and islands than across the whole of Scotland over the past two decades, Salmon Scotland said. It urged an overhaul of the current taxation system so the millions of pounds sent paid by the country's salmon farmers are ringfenced for investment in coastal areas.
Salmon Scotland said Scotland’s
… Read MoreGlobal seafood production totals are down as a result of the COVID-19 pandemic, but are expected to rebound, according to the Food and Agriculture Organization of the United Nations (FAO) 2022 edition of the “The State of World Fisheries and Aquaculture” (SOFIA) report.
While the world’s total fisheries and aquaculture yield climbed to an all-time record of 214 million metric tons (MT) in 2020, actual global seafood production
… Read MoreThanks to decades of increased fishery and aquaculture yields and growing global demand, seafood is one of the most-traded food categories in the world today. However, the volume and value of overseas sales achieved by the industry has slipped in the past few years, according to the latest analysis from the Food and Agriculture Organization of the United Nations (FAO).
The 2022 edition of the U.N. body’s biennial “The State of World
… Read MoreVictoria Braathen has been appointed the Norwegian Seafood Council's (NSC) new envoy to the United Kingdom.
Braathen replaces Hans Frode Kielland Asmyhr, who headed up the NSC’s U.K. marketing activities since September 2017.
Braathen has worked with the NSC for six years through various international posts, including director of the NSC in China until July 2021. That post followed her appointment as NSC’s head of market access and
… Read MoreSeveral labor unions and a labor-based human rights group have come together to launch a pilot program aimed at identifying and combating human rights violations on commercial fishing vessels in the United Kingdom.
Together, the International Transport Workers’ Federation (ITF) and the Fair Food Program (FFP) of the Coalition of Immokalee Workers’ (CIW) are looking to implement the worker-driven social responsibility (WSR) model in
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