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IN BRIEF - Sanwo-Olu urges investors to explore aquaculture value chain in Lagos

NIGERIA
Monday, December 23, 2019

Sanwo-Olu stated this at the 2019 Lagos Seafood Festival on Sunday 22nd of December 2019 in Lagos.

He said that investment in aquaculture value chain would not only create jobs and contribute to poverty reduction but would also unleash opportunities for entrepreneurship.

The governor, who was represented by his Deputy, Dr Obafemi Hamzat, said that to attain the goal, the state government had initiated several projects in the agricultural space.

Source: Pulse


IN BRIEF - Global Aquaculture Additives Market 2019 Revenue, Opportunity, Forecast and Value Chain 2025

WORLDWIDE
Monday, December 23, 2019

Global Aquaculture Additives Market covers all the aspects of market factors. The report involves detailed specifications about the Aquaculture Additives market size with respect to sales, revenue, value, and volume. The research study furnishes crucial information along with the market size and share of the global market. The report then highlights factors affecting the development of market such as drivers, restraints, threats, and opportunities, technology advances, the latest market scenarios, etc. It also includes detailed segmentation by types and applications and the forecasting about the market status in the coming future from 2019 to 2025. The report analyzes important financial conditions such as costs, stocks, price structure, and profits in terms of key regions.

The report delivers a comprehensive competitive analysis of the Aquaculture Additives market which includes detailed company profiling of leading players, a study on the nature and characteristics of the vendor landscape, and other important studies. Additionally, key participants’ innovations, new developments, marketing strategies, branding technologies, and products that exist in the global outdoor advertising market are mentioned in the report. It reveals the company profile, descriptions of the product, and production values along with the assistance of the statistical review. The presented study talks about the numerous segmentation of the Aquaculture Additives market and offers a fair assessment of the supply-demand ratio of each segment.

Source: Market Research News


IN BRIEF - Aquaculture Vaccines Market Globalize Owing to Rapidly Growing Industry Across the Region and Forecast 2028

WORLDWIDE
Monday, December 23, 2019

The demand within the global market for aquaculture vaccines market has been rising on account of advancements in the field of fish farming. Aquaculture has emerged as a key commercial industry for several nations and regions. This has led the regional territories to heavily invest in harbouring aquatic life. Moreover, the return on investments gathered from aquaculture vaccines has also given a thrust to the growth of the global aquaculture vaccines market. There have been several analytic tests and experiments to study the response of aquaculture to various forms of vaccines. The aquaculture vaccines framework has been developed after thorough research and development. Hence, the global aquaculture vaccines market endows commendable opportunities for growth in recent times.

Aquaculture is a significant part of the ecosystem, and it largely affects the balance of the earth. Hence, there is a dire need to protect aquatic life from external and internal threats of plague and disease. Therefore, the investment dynamics of the global aquaculture vaccines market have been improving in recent times. Moreover, governments have shown a sense of responsibility towards preserving aquatic life in their respective territories. This factor has promoted extensive growth within the global aquaculture vaccines market. The forces of supply, demand, and distribution within the global aquaculture vaccines market play an important role in determining market growth.

Source: Market Research News


IN BRIEF - Christmas prawn prices on the rise as drought hits supply on New South Wales north coast

AUSTRALIA
Monday, December 23, 2019

Prawn lovers are facing higher-than-normal prices this Christmas as the drought continues to have an impact on supply.

Professional Fishermen's Association CEO Tricia Beatty said the drought was taking a toll.

"It's a well-established fact that when you have drought on land, you have drought in water," Ms Beatty said.

"When you go to the land and see a farmer and his crops, you can see how they are directly impacted by the drought."

Source: ABC


IN BRIEF - Christmas fish market frenzy in Sydney

AUSTRALIA
Monday, December 23, 2019

A 36-hour fish market frenzy has kicked off in Sydney, as shoppers scramble for their Christmas seafood staples.

The Sydney Fish Market opened at 5am on Monday and will not close again until 5pm on Tuesday.

Market spokeswoman Stephanie Margrain says about 100,000 people are expected to buy 700 tonnes of seafood, including 130 tonnes of prawns.

"Prawns and oysters are always favourites at Christmas time and people will be glad to know that supply is plentiful for both of those items and prices are comparable to last year."

Source: 7News


IN BRIEF - Crayfish could be next boom seafood industry with breakthrough breeding technology

AUSTRALIA
Monday, December 23, 2019

They are considered a high-end "white tablecloth" product and global demand for redclaw crayfish — native to northern Australia — is growing at a rapid rate.

Now a north Queensland company in the process of patenting technology to increase hatching rates for crayfish eggs could change the face of Australian aquaculture.

Australian Crayfish Hatchery (ACF), based in Townsville, has developed an in vitro embryo incubation method for redclaw crayfish, producing thousands of juveniles each breeding.

Source: ABC


IN BRIEF - Oslo opens way for sea farming expansion

NORWAY
Monday, December 23, 2019

Norway has mapped and identified 11 extensive new zones down its 1,650-mile long coastline that could be suitable for the future development of sea based offshore aquaculture.

The Directorate of Fisheries, which carried out the work in co-operation with the Institute of Marine Research, said the areas will probably have to go through further impact assessment before final approval.

The mapping has been limited to parts of the coast one nautical mile outside the baseline, but within Norway’s exclusive economic zone.

Source: Fish Farmer Magazine


IN BRIEF - AKVA group Land Based A/S: New Land Based Contract

CHINA
Saturday, December 21, 2019

AKVA group ASA (“AKVA”) hereby announces that its wholly owned subsidiary, AKVA group Land Based A/S, is the chosen technology supplier of a full grow-out RAS project for Atlantic Salmon to Nordic Aqua Partners, in China (“The Project”). The Project’s targeted harvest volumes are 8,000 tonnes in 2026. The realization of The Project and AKVA’s delivery is dependent upon certain conditions to the Project’s equity financing, which is scheduled to be concluded in January 2020.

The value of AKVA’s delivery is estimated to be NOK 500 million in the period 2020 to mid-2023. Further, AKVA will participate with 3,1 MEUR in equity in The Project. The equity participation is considered by AKVA to increase its opportunity for a close follow-up on all technical, operational and biological performance measures, to ensure successful project delivery.


IN BRIEF - AKVA group ASA: New Land Based contract

CHILE
Saturday, December 21, 2019

AKVA group Chile S.A., a wholly owned subsidiary of AKVA group ASA, has entered into a sales and supply contract with Cooke Aquaculture Inc. for delivery of a RAS facility in Chile. The contract value is 10,3 MEUR and delivery is expected to take place between Q1 2020 and Q4 2021.


IN BRIEF - Brussels fish talks: New quotas will see cod landings cut by half

BELGIUM
Thursday, December 19, 2019

The number of cod which can be legally caught by the UK's fishermen will be halved in 2020.

It was agreed in the early hours of Wednesday at Brussels talks on fishing quotas for 2020.

Prior to those discussions, representatives of Scottish trawlermen agreed to a 50% reduction in the cod catch in an effort to preserve stocks.

The UK government said that in order to protect the future of the industry it had to fish sustainably.

Source: BBC News


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