Editor’s Summary: Chinese Ships Approaching Peruvian Waters; Sino Agro’s decrepit “mega arm”

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Something similar is happening in Peruvian waters, according to the president of the Fisheries and Aquaculture Committee of the National Industries Company, Alfonso Miranda Eyzaguirre.

Miranda told Matilde that the recently discovered illegal fishing in Galapagos has occurred “every year” in recent years in the South American “squid circuit”, which runs from the Argentine coast to the South Atlantic, crossing the Strait. from Magallanes, to the coast of Chile, Peru and Ecuador.

Sino Agro President and CEO Lee Yip Kun, known as “Solomon Lee”, will relinquish 1. 25 million stocks from Sino Agro’s aquaculture subsidiary Tri-Way Industries, a draft agreement on it as a component of a 2019 lawsuit filed by Heng, founded in Boston. , Massachusetts Ren Silk Road Investments. It will also enact smart governance reforms that come with the appointment of new members to the company’s board of directors.

The General Administration of Customs of China (GAC) said the shipment was imported from Norway. Suspension shall take effect immediately.

Gadus Njord will be able to resume exports after a week, according to the GAC.

Havfisk told Louis he was aware of the report and took it “very seriously. “

The Southeast Asian country is expected to take advantage of the EU-Vietnam Free Trade Agreement (EVFTA), which entered into force on August 1, 2020, and maximum value-added processing capacity, adding a so-called to drastically increase the pandemic lockdown. and increased pressure on retail products, Neil Ramsden reported in the webinar.

EVFTA saw the price lists for raw products drop to 0% since August 1, while baked goods are expected to fall to 0% in the next few years.

Sykes is in talks to buy Shore from Bencis Capital Partners, the Dutch personal equity firm that has had trouble getting into the shrimp, I was told by several resources familiar with the procedure.

Bencis is in the process of a final agreement for Shore’s former organic shrimp farming and processing operations in Costa Rica, Corporación Terranova Marina and Rainbow Export Processing, the resources said.

Ryan Bigelow, Senior Program Director for Seafood Watch, showed Selva Shrimp’s loss of its green ‘best pick’ score, but explained that it is a component of his organization’s increased resolve to finish the practice. due to evaluation of the company’s individual products, not due to new product data or poor evaluation, Jason Huffman reported.

Bigelow said Seafood Watch’s new position was recently taken after discussions dating back to November 2019 and explained that the update was commonly driven by a desire for greater efficiency. Many of the branded products classified through Seafood Watch are already in larger classified categories.

As of September 16, shell shrimp (HOSO) had a price above $ 5. 50, consistent with a 20/30 kilogram of shrimp; $ 4. 30 / kg for 30/40; $ 3. 90 / kg for 40/50; $ 3. 55 / kg for 50/60; $ 3. 30 / kg for 60/70; $ 3. 10 / kg for 70/80; $ 2. 70 / kg for 80/100; $ 2. 10 / kg for 100/120; and $ 1. 20 / kg for 120/150 shrimp.

Depending on the sizes, this means an accumulation of between $ 0. 10 / kg and $ 0. 70 / kg for HOSO over the grades noted a week earlier, as reported in the past via Undercurrent.

He will work with the farms and will work with the Norwegian startup Vikings Label, founded in Dubai, United Arab Emirates. The Vikings had spoken in the past of plans to build a single SAR in the region.

“Within the Vikings team, we are very pleased to have signed this cooperative agreement with the AKVA organization on the design of our amenities and as a generation spouse in the Middle East,” said Morten Malle, Managing Director of Vikings Technique.

Speaking at the SpareBank 1 Markets webinar on September 22, he said that “he is really pleased that the convention is taking place this week and not last week as I can tell you that we started the paintings on the site in Japan last week. past, “Neil wrote. .

The first phase of 8F’s Pure Salmon plan will include a 10,000-ton unit in France, Japan and a 20,000-ton facility in the United States. Lately it is raising capital for its five 20,000-ton sets in China, he said.

As reported in the past via Undercurrent in August 2020, the company has guided a harvest of 106,500 tonnes of Atlantic salmon in 2021, which would be the first time the company has exceeded an annual harvest of 100,000 tonnes in its history. .

The company acquired the Scottish Salmon Company in late 2019, adding a new geography to its successful existing operations.

In a webinar organized through SpareBank 1 Markets on September 22, Bakkafrost CFO Hogni Dahl Jacobsen reiterated the hope that his company will produce 50,000 t in the Faroe Islands and 39,000 t in Scotland in 2020, and 62,500 t and 44,000 t. respectively in 2021.

The Faroe Islands operations are expected to produce some 76,000 tonnes in 2023 and 100,000 tonnes through 2026, it said, while Bakkarost plans to produce 50,000 tonnes in Scotland through 2026.

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Tom Seaman, editorial director of Undercurrent News, a summary of the top stories from the past week. [. . . ]

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