Reference is made to the announcement on 17 January 2020. Mowi ASA has today successfully completed a EUR 200 million 5-year, senior unsecured inaugural green bond issue, marking the first green bond ever issued by a seafood company. The bond issue was significantly oversubscribed attracting solid investor demand from both dedicated green and regular bond investors. The bonds will have a coupon of 3 months EURIBOR + 1.60 % p.a. and an application will be made for a listing on Oslo Børs. Settlement date is expected to be 31 January 2020.
The proceeds from the green bond issue will be used for green projects as further defined by Mowi’s green bond framework which is available on our website.
Danske Bank, DNB Markets, Nordea (as Joint Global Coordinators and Green Bond Advisors), ABN AMRO, Rabobank and SEB acted as Joint Lead Managers for the bond issue.
It is not an offence to kill seabirds while fishing but it is an offence to fail to report catching them.
Similar differences in reporting have been seen over the last four fishing years, and Forest & Bird fisheries adviser Geoff Keey said it showed vast numbers of seabirds and other animals were dying without ever being reported.
"It's simply unbelievable that a commercial fishing trip is nine times more likely to catch seabirds when there's an observer on board," Keey said.
"The only reasonable conclusion is that on trips without observers fishers are breaching their legal obligation to honestly and accurately report bycatch."
Source: Michael Neilson/NZ Herald | Read full story here
When Costco Chief Financial Officer Richard Galanti told Wall Street in December that the success of the warehouse retailer’s first China shop had “exceeded our expectations,” he also tossed in an interesting product plug: sea cucumbers.
The marine delicacy was such a hit in China, the company shared it with the U.S.
“We’ve done a very good job over there with sea cucumbers, which I still have never tried. But what we have found is, particularly on the West Coast in several cities, you’ve got customers that value that as a great item,” he said on the company's fiscal first-quarter earnings conference call.
Author: Suzanne O'HalloranFOXBusiness | Read full story here
Norway Royal Salmon (NRS) has piloted an artificial intelligence (AI) solution from Microsoft and technology firm ABB. The product can be used to improve fishing sustainability and safety by monitoring the salmon population via underwater cameras.
By using remote object detection, NRS can reduce its staff workload and send them out to sea less often, thus reducing carbon emissions from boat operations and the likelihood of safety incidents.
“NRS has always focused on extensive research, development, cooperation and innovation,” said Arve Olav Lervag, chief operating officer of farming at NRS. “To continuously improve sustainability and increase the safety of our individuals, we worked with ABB and Microsoft to co-create innovative ways that empower us to achieve more on every level.”
The underwater cameras capture images of the salmon, which the Microsoft Azure-based AI solution then analyses for biomass and population estimation.
Kodiak’s trawl fleet is heading out to the fishing grounds to catch pollock in a fishery that opened Jan. 20.
Julie Bonney is the Executive Director of the Alaska Groundfish Data Bank, which represents trawlers and processors.
She says the trawlers are looking at lower quota level this year.
“The pollock quotas this year are about 20 percent less than last year. We’ve got about 30 vessels that will be fishing out of Kodiak.
“And everybody’s really interested to see what the catch rates will be and the grade of fish, just because it’s been so cold and snowy. The past four of five years the fishery’s really taken off on the 20, and done well. But this year it might be delayed somewhat just because of the colder regime that we are working under right now.”
Source: Maggie Wall/kmxt.org | Read full story here
Brexit Party MEP June Mummery isn't as well known as her colleagues like Nigel Farage and Ann Widdecombe but in the past week has become infamous for her comments on Brexit and the fishing industry.
On Monday, she confused many people after appearing to realise that by leaving the European Union, Brits will no longer be able to hold those people in Brussels responsible for what happens to 'Britain's waters.'
You could have been forgiven for thinking that this 'lightbulb' moment from a Brexiteer would have been the last we would have heard from her, as, after all, Brexit is going to happen on January 31.
LAND based salmon farming company Pure Salmon has chosen France to site its biggest facility to date.
The €175million plant will be built in Boulogne-Sur-Mer, the seafood gateway to Europe, and aims to produce 10,000 tonnes of salmon a year.
The RAS (recirculating aquaculture system) farm will create 160 permanent new jobs, said Pure Salmon, which announced the development today at the Choose France Summit, in the Château of Versailles, hosted by French president, Emmanuel Macron.
Pure Salmon France, which will be the largest salmon RAS facility in the European Union, has received significant support from the French government at local, regional and national levels, including grants and other financial support, as well as administrative assistance.
The new state-of-the-art unit will be fully integrated from hatchery and grow-out to processing and smoking. Construction of the site is due to start in Q4 2020, with the first harvest of market size salmon expected in 2023.
Source: fishfarmermagazine.com | Read full article here
High-stakes herring fishery gamble Canada
Fisheries and Oceans Canada is gambling with a public resource when it comes to herring fishery management. Herring populations are so important yet so variable that managing them in a conventional wa...
Tuna fishing season in the Pacific Ocean began Mexico
The National Aquaculture and Fisheries Commission (CONAPESCA) announced that on Monday, January 20, the tuna fishing season began with purse-seine vessels in the Pacific Ocean.
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