BAKKAFROST is planning to invest more than £160 million in its new acquisition, the Scottish Salmon Company, over the next four years, the Faroese fish farmer has revealed.
The company disclosed the scale of its spending intentions today in its annual report – titled ‘A Year Marked by Disruptions, Volatility and New Opportunities’ – and they look impressive.
It said it expects to invest 350 million Danish kroner (DKK), or around £41 million, a year in Scotland between 2020 and 2024.
SSC operates two processing factories, Marybank in the north of Scotland, and Cairndow in the south, as well as a smokehouse in Stornoway.
Both plants are equipped with pre-rigour filleting, portioning and packaging facilities. But significant investment is planned over the next 10 months in both factories which will result in a combined annual capacity of around 50,000 tonnes.
This figure is on top of an additional DKK 1.8 billion (£211 million) Bakkafrost will be investing in its operations in the Faroe Islands and elsewhere in a two-year period between 2020 and 2022.
Last year, Bakkafrost harvested 57,184 tonnes (gutted weight) of salmon in the Faroe Islands, and 33,799 tonnes in Scotland.
The report said new investment will ‘reinforce Bakkafrost’s integrated business model and ensure a capacity across the value chain to be able to produce 100,000 tonnes gutted weight of salmon in the Faroe Islands’.
The aim of the investment programme is to minimise the biological risk, increase efficiency and create sustainable organic growth.
Norway Royal salmon (NRS) has partnered with Microsoft to use artificial intelligence to streamline salmon farming operations.
The two companies, plus the 130-year-old technology company ABB, are developing a technology that uses underwater cameras to collect images of salmon in their pens, then counts them automatically with an artificial intelligence algorithm.
The new technology spares workers from traveling kilometers offshore to monitor the salmon, allowing them to observe fish growth from afar. The remote visual object detection technology can estimate fish biomass and count the fish population, collecting critical data about salmon production. Fewer trips makes working conditions safer for employees while lowering operational costs and reducing the company's carbon footprint.
It's still too early to calculate how much time or money the system saves for NRS, "but we spend a good number of hours on this type of operation," NRS Chief Operations Officer Arve Olav Lervåg told SeafoodSource.
The technology can be used to monitor several different parameters.
"The main principle is that we use a camera underwater that takes pictures of the fish. In this way, we can analyze several parameters of the fish in addition to weight development," Lervåg said. "We also hope to gain better control over weight development through the use of AI."
Senator McGuire, Chair of the Joint Committee on Fisheries and Aquaculture (JCFA) will be hosting the upcoming JCFA hearing on March 12, 2020 12:00 to 4:00 p.m., State Capitol, Room 113, Sacramento, CA. The 47th Annual Zeke Grader Fisheries Forum is an informational hearing that will include presentations and discussions of fishery and aquaculture issues from throughout California. The agenda for the forum can be viewed here.
The hearing will be livestreamed via the Senate web site. To view, on the day of the hearing, visit:https://www.senate.ca.gov/ (see “Today’s Events” or the “Media” tab).
Irish Skipper Expo 2020 has been rescheduled to take place on 4 and 5 September at the UL Sport Arena in Limerick, following its earlier postponement due to uncertainty over the escalation of COVID-19 (coronavirus).
Following discussion with the UL Sport Arena and others, the setting of a new date so quickly will provide certainty for exhibitors and visitors alike and enable plenty of time for planning and the rescheduling of diaries.
Sharon Boyle of show organiser Mara Media said: “We were determined to act swiftly and set a new date for the expo to enable exhibitors and visitors to plan ahead. Our decision to postpone the event was not taken lightly, but the wellbeing of exhibitors and visitors is of paramount importance to us, and we had no other option, given the circumstances.
“We would like to thank the UL Sport Arena for working with us in setting a new date, as well as our valued exhibitors for being so supportive during this challenging period. We ask everyone to bear with us as we endeavour to get more information updated to our website shortly.”
Since the beginning of the year, fishing companies in the Sakhalin Region have produced, according to their reports in SKTU, 1317.629 tons of shrimp.
More precisely, shrimp, since the total catch of this biological resource today consists of only one species. Namely - northern shrimp.(Pandalus borealis)
Crews of this delicate bioresource are carried out by ship crews in the waters of the Kuril Islands, Sakhalin, Primorye and Kamchatka. As experts explain, the fleet uses special fine-mesh trawls for this, which, when posting, carefully cut off other, more dimensional inhabitants of the sea.
It is important to emphasize that the Sakhalin-Kuril Territorial Administration of Rosrybolovstvo continues to accept applications from FBG users for fishing for marine crustaceans. By the beginning of March, enterprises in the region had already been issued permits for the production of more than 7559 tons of shrimp. Including comb prawn and grass prawn.
Last year, the fishing industry in our region harvested more than 8165 tons of shrimp.
Seafood Norway (Sjømat Norge) cancels this year's annual conference in Bodø. - Due to the danger of infection associated with the coronavirus, we see the need to cancel the event, says CEO Geir Ove Ystmark.
Seafood Norway's annual event and general meeting were scheduled to be held in Bodø on March 31, but the corona epidemic now puts an end to it all.
- Of course, it is unfortunate that we cannot carry out our most important event during the year. Our event brings together leaders and key players throughout the seafood industry. It goes without saying that we cannot expose the entire industry to such a risk, says Geir Ove Ystmark.
Seafood Board of Directors approved the cancellation in a board meeting on Tuesday. More than 400 participants were waiting for the annual meeting in Bodø. Seafood Norway will carry out the general meeting digitally, in order to have elections and other ordinary matters carried out. We will return to this in separate information to all members.
World’s largest seafood business conference held in Bergen amid escalating coronavirus fears
C-level seafood executives from around the world gathered in Bergen, Norway, last week to discuss issues and opportunities for fisheries and aquaculture, including climate change, increasing production, technology innovations, environmental sustainability and the coronavirus (COVID-19) that is stoking fears worldwide, slowing industries and threatening vast economic impacts.
When the news broke that Seafood Expo North America in Boston – scheduled just two weeks ahead – was being postponed or even canceled as a result of the infectious disease and the dangers it presents to attendees, it prompted speculation that other events would also be affected. Many presentations referred to impacts already being felt or needed actions to overcome the challenge.
For this year’s North Atlantic Seafood Forum (NASF), attendance was indeed slightly down from previous iterations, according to the event organizers, who opted to live-stream the Day 1 morning program for those who opted not to travel to Norway. But for those who did come to the Radisson Blu Royal Hotel on Bergen’s storied waterfront, the program covered a wide range of subjects, and didn’t shy away from tough ones.
The 2020 Seafood Expo Global/Seafood Processing Global event, scheduled to take place April 21 to April 23 in Brussels, Belgium, has been postponed by the organizer, Diversified Communications.
The global outbreak of the COVID-19 coronavirus caused the postponement, according to Diversified Communications Group Vice President Liz Plizga.
“Postponing is inevitable and unavoidable because of public health concerns,” Plizga said.
Diversified Communications is aiming to host the global trade show in Brussels at a later date in 2020, Plizga said. Exhibitors and visitors will have the option of rolling over their fees to that event, or alternatively, to the 2021 version of Seafood Expo Global, scheduled for 27 to 29 April, 2021, in Barcelona, Spain.
Earlier in the year, the 2020 edition of Seafood Expo Global was pacing at 1,622 exhibiting companies (compared to 1,527 companies signed on to exhibit by the same time last year) and 40,851 square meters booked (compared to a final total of 40,625 square meters booked at 2019’s event), the 2020 Seafood Expo Global/Seafood Processing Global was slated to be the largest version ever in the event’s 28-year history.
“Diversified Communications has made the very difficult decision that, due to the magnitude of the unanticipated public health and safety issues posed by the rapidly escalating COVID-19 outbreaks and contagion, we have no choice but to postpone the upcoming edition of Seafood Expo Global and Seafood Processing Global,” Plizga said.
Plizga said Diversified intends to announce new dates no later than 18 March, 2020.
“We value the support of everyone involved in the making of this event our vendors, the local authorities, the venue and, most of all, our partners, friends and customers in the seafood industry. We are looking forward to getting this strong seafood community back together in the near future,” she said. “Until then, we send heartfelt thoughts to those who are affected by COVID-19.”
Author: Cliff White / SeafoodSource | Read the full articlehere
As the coronavirus outbreak continues to spread, The Fish Site caught up with Dr Beyhan de Jong, food and agribusiness specialist at Rabobank, to try and assess its impacts – in China and beyond.
“I was asked to give a presentation on this at last week’s North Atlantic Seafood Forum. The coronavirus is still very much a wildcard – we don’t know how much it will spread so it’s hard to read the markets right now – but we came up with four different scenarios, none of them good,” reflects Dr de Jong.
“And since I first prepared the presentation, we’ve already gone from the least bad option to somewhere between the third and second worst,” she adds.
As a result, looking at the macro-economic situation, Dr de Jong predicts that the impact of the virus looks likely to be closer to that of the 2008 global financial crisis of 2008-2009, rather than to SARS – due to the fact that the Chinese and global economies are much more closely linked since the outbrak of the latter, back in 2003.
“The Chinese economy and the global economy are so closely linked, with many countries heavily dependent on China for manufacturing their goods, as a market for their exports and as a source of tourists,” she explains. “If the forecast for the Chinese economy to grow 2 percent slower than anticipated in 2020 is correct, then global growth rates will drop by 1 percent.”
Author: Rob Fletcher / The Fish Site | Read the full articlehere
Jack mackerel catch limit for 2020 increased Peru
Norm indicates that an additional 40,000 tons will be exclusively for fishing with artisanal vessels. Until March 20, 97.7% of the 100,000 ton-quota assigned last January had been met.