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Aquaculture sector thriving in the European Union

January 15, 2019 — The performance of the aquaculture sector in the European Union is improving across the board, with all sectors displaying strong economic growth, according to the latest report from the Scientific, Technical and Economic Committee for Fisheries (STECF).

The 2018 Economic Report of the EU Aquaculture Sector is a comprehensive overview of the latest production figures, value, structure, and competitive performance of the sector at both country and E.U. level between 2008 and 2016.

Analysis shows that sales volumes amounted to 1.4 million metric tons (MT), valued at EUR 4.9 billion (USD 5.6 billion) in 2016, which was an increase of six percent in volume and eight percent in value compared to 2014. Profits doubled during this time, reaching EUR 800 million (USD 917.2 million) total in earnings before interest and tax.

Of the 28 countries making up the E.U., the United Kingdom, France, Greece, Italy, and Spain accounted for around 75 percent of aquaculture production.

Speaking at the 50th anniversary of the European Fisheries Partnership in Brussels, prior to the report being released, E.U. Fisheries Commissioner Karmenu Vella stressed the need for sustainable fish farming to flourish and confirmed the European Union’s commitment to large-scale expansion of aquaculture by member-states.

“It is an industry that creates economic growth, employment and economic stability, especially in rural areas and along coastal areas,” Vella said.

Read the full story at Seafood Source

28,000-Strong Survey Reveals Europeans’ Fish and Seafood Preferences

January 8, 2019 — SEAFOOD NEWS — Most Europeans prefer buying fish and seafood frozen but consumers in Mediterranean countries such as Greece and Spain prefer fresh, according to a 28,000-strong European Commission survey.

The EU is one of the world’s largest markets for fish and seafood.

While per capita spending on fishery and aquaculture products is one-third of that of Japan, the world leader, it is more than three times as much as in the United States.

A recently published study commissioned by the European Commission’s Directorate-General for Maritime Affairs and Fisheries, therefore aimed to shed light on what Europeans look for in fish and seafood, where they buy it and which information they would like to see on-pack.

The survey questioned almost 28,000 individuals from each member state in face-to-face interviews that were conducted at home in their native language.

“It aims at improving understanding of the EU internal market for fishery and aquaculture products to allow operators to be more competitive and to support new strategies that can stimulate growth, strengthen economic activities in the internal market and lead to job creation,” the report said.

Overall, seven in ten respondents (70%) eat fishery or aquaculture products at home ‘at least once a month’.

Unsurprisingly, the biggest consumers of fish and seafood products are from countries with a tradition of fishing and eating fish. Spain led the way, with 92% of respondents saying they eat fish at least once a month, followed by Portugal and Sweden (both 87%), Estonia (85%), Finland (84%) and Denmark and Greece with 83%.

As with the previous 2016 survey , Hungary stood out for having the lowest proportion, with just over one quarter (28%) of individuals eating fish at home at least once a month. However, price may be a deterring factor for consumers in the land-locked country: 90% of Hungarians said they would buy or eat more fishery and aquaculture products if the prices were not so high.

Supermarkets are the preferred purchase point

Over three-quarters of these respondents (77%) buy fishery or aquaculture products at the grocery store, supermarket or hypermarket. However, a majority of Italians (64%), Greeks (65%) and Maltese respondents (74%) were more likely to buy fish or seafood directly from a fishmonger, a fishmonger’s stall in a market hall, or at a specialist store.

Almost no country seemed to favour online shopping for fish products with one exception: Denmark, with 6%.

The most popular format was frozen. A total of 68% of all respondents who buy fish and seafood purchase frozen products either from time to time or often, with Portugal, Austria and Sweden the top countries for frozen fish purchases. Greece, Spain and Portugal, on the other hand, came out top for fresh fish and seafood products.

Mediterranean countries such as Greece, Cyprus and Croatia preferred to buy whole products.

Respondents were more likely to express a preference for wild products (35%) over farmed products (9%), but nearly as many said that they did not have a preference (32%).

“The most commonly mentioned reasons to buy or eat fishery and aquaculture products are because they are healthy (74%) and because they taste good (59%),” the report said.

Label information

“More than half mention the product’s appearance (59%) and the cost of the product (52%) as important aspects when buying fishery and aquaculture products. The third most frequently mentioned aspect is the origin of the product, with more than four in ten respondents (41%) considering this important. More than a fifth (23%) of respondents consider the brand or quality labels (e.g. PGI, PDO) and how easy and quick it is to prepare as important. Finally, the environmental, social or ethical impact is least mentioned as important (17%).

After date of catch and production, the second piece of information consumers would most like to see on-pack was environmental information, which nearly four in ten (39%) thought should be on labels.

This story was originally published by SeafoodNews.com, a subscription site. It is reprinted with permission. 

The top seafood M&A stories of 2018

December 28, 2018 — Mergers and acquisitions (M&A) is a topic that we’ve really developed our coverage of in the past couple of years, having seen the strong interest from our readers in the developing deals in what is surely one of the world’s most dynamic sectors.

Through the creation of our seafood M&A report in 2017 we developed a number of excellent sources, thanks to whom our coverage has come on leaps and bounds, as can be seen from the stories below, which were among our most-read of the year.

As mentioned in my rundown of our most-read retail and foodservice stories of 2018, two of the biggest stories of the year concerned M&A; one rumored, and one done deal.

In July, multiple sources told our Matilde Mereghetti that US broadline distributor Sysco Corporation was eyeing a deal for Italy’s largest seafood importer, MARR. The deal, if it goes ahead, would add a strong southern European component to Sysco’s business, sources said.

Sysco, based in Houston, Texas, moved into Europe in 2016, announcing a $3.1 billion acquisition for UK-based Brake Bros, which had previously snapped up France’s Davigel.

Sysco representatives had even visited Rimini-based MARR earlier in the year, according to Undercurrent News sources. The sources were not sure whether negotiations were going ahead or, if so, at what stage they were at. This may be one to keep an eye out for in 2019. MARR, however, recently denied there is a plan to sell.

Read the full story at Undercurrent News

China is Fishing Ever Farther From Home, Adding to Stress on Fish Stocks

January 1, 2018 — China’s fishing fleet, which reaches as far as Latin America, West Africa, and even Antarctica, is adding to a worldwide strain on fish stocks.

So it’s no surprise that Chinese fishermen have been involved in clashes with foreign fishermen and coast guards at great distances from their homeland.

In perhaps the most dramatic clash, which occurred in March 2016, Argentina’s coast guard sank a Chinese trawler that was fishing within its territorial waters more than 11,000 miles from its home base on the China coast. The trawler had tried to ram the Argentine vessel.

Argentine Navy submarines have been assigned to “chase down illegal fishing vessels in the frigid waters off southern Argentina,” according to a Wall Street Journal report from that country published early this month.

Reuters news agency, meanwhile, reported at the end of August that Ecuador had jailed 20 Chinese fishermen for up to four years for illegally fishing off the Galapagos Islands, where they were caught with some 6,600 sharks.

Their vessel contained some 300 tons of near-extinct or endangered species, including hammerhead sharks.

Incidents have also occurred near South Korea and in disputed areas in the South China Sea, where Chinese Coast Guard ships have clashed with Vietnamese fishermen.

Pressures in the Yellow Sea, East China Sea, and South China Sea leading to incidents like this are driving China to fish elsewhere in the world.

Chinese fishermen target West Africa

In April 2017, The New York Times reported from Senegal that Chinese fishermen were increasingly heading to West Africa.

The fishermen are enabled by corrupt local governments and their weak enforcement of fishing limits.

Citing experts, The Times states that West Africa now provides “the vast majority” of fish caught by China’s distant-water fishing fleet.

Fishing off the coast of Senegal, “most of the Chinese ships are so large that they scoop up as many fish in one week as Senegalese boats catch in a year,” The Times report said.

Most of the fish are sent abroad, with some of it ending up as fishmeal fodder for chickens and pigs in Europe and the United States.

For Senegalese citizens, many of whom depend on fish as a source of protein, diminishing fish catches mean higher food prices.

In nearby Sierra Leone, meanwhile, a similar scenario is playing out.

The Economist Magazine reported on Dec. 7 from Sierra Leone that “nearly half of the population” of 7.4 million people in the small west African nation “does not have enough to eat.”

“But the country’s once plentiful shoals, combined with its weak government, have lured a flotilla of unscrupulous foreign trawlers to its waters.”

Most of the trawlers fly Chinese flags, but dozens also come from South Korea, Italy, Guinea, and Russia.

According to Tabitha Mallory, an expert on these issues, by 2015 more than 160 Chinese fishing enterprises had agreements to operate off the shores of some 40 countries, the high seas, and Antarctica. But other Chinese vessels may be operating in more countries illegally.

But in contrast with West Africa, where Chinese fishermen have done great harm to local economies, Antarctica stands out as a new frontier where the fishermen appear to have begun playing by internationally agreed upon rules.

China has joined a commission for the conservation of marine life in Antarctica and has pledged its support for a marine protected area on the cold continent.

However, poor regulation of China’s distant-water fishing (DWF) fleet elsewhere has added to a strain on global fish stocks, according to experts and nongovernmental organizations monitoring the issue.

Greenpeace, a nongovernmental organization which campaigns to change attitudes toward the environment, has found that from 2014-2016, China’s distant water fishing (DWF) fleet — vessels operating outside Chinese territorial waters — increased by 400 to nearly 2,900.

This followed a similar period of expansion between 2012 and 2014, when the fleet grew by 15 percent each year on average.

By comparison, the United States had just 225 large-size DWF vessels, according to 2015 data.

Read the full commentary at Radio Free Asia

 

Mediterranean countries looking elsewhere for seafood

May 26, 2017 — European Mediterranean countries now import almost twice as much seafood as they produce, according to a report just released by WWF.

Decades of rising demand, coupled with falling fish stocks due to increasing use of industrial techniques, poor catch monitoring, the spread of illegal, unregulated and unreported (IUU) fishing and numerous environmental factors have all contributed to less seafood productivity from the once-abundant Mediterranean Sea.

For local inhabitants and tourists who flock to the region, fresh local fish is as much a part of the Mediterranean experience as its golden beaches and sunny climate. Artisanal fishing communities, fish markets, seafood restaurants and maritime heritage are all central to the area’s unique economic, social and cultural identity.

The report, “WWF Seafood and the Mediterranean 2017,” finds that the idealized image no longer matches the reality of the situation in the Mediterranean, where more than 93 percent of assessed fish stocks are threatened by overfishing.

The largest catches in the region are made up of sardines and anchovies (42 percent), demersal species (21 percent), cephalopods (8 percent), crustaceans (7 percent), molluscs and bivalves (6 percent), and tuna and swordfish (5 percent).

European Mediterranean nations such as Spain, France, Greece, Italy, Slovenia, and Croatia now harvest three times as much of their catch from Atlantic waters as they do from the Mediterranean. For every kilo of seafood caught by these nations, another two kilos are imported, the majority from developing countries including Morocco, Turkey, Mauritania, Tunisia, Egypt, Algeria, and Libya. Product is also exported to these countries, particularly low-value processed and canned products, fishmeal and baitfish.

Read the full story at Seafood Source

Thai Union commits to sustainable tuna, targets 75 percent by 2020

December 14, 2016 — Thai Union Group PCL has announced its intention to ensure 100 percent of its branded tuna is sustainably sourced, with a commitment of achieving a minimum of 75 percent by 2020.

The pledge will apply to all of the seafood company’s tuna brands sold around the world, including Chicken of the Sea and Genova in the North American market, John West in Northern Europe and the Middle East, Mareblu in Italy, Petit Navire in France and SEALECT in Thailand.

Each of these brands will publically report on a regular basis on their progress against the 2020 commitment, the company said.

As part of its new tuna strategy, Thai Union will invest USD 90 million (EUR 84.8 million) in initiatives aimed at increasing the supply of sustainable tuna, including establishing 11 new fishery improvement projects (FIPs) around the world.

“Tuna is the most readily available source of protein for millions of people around the world, and at least one billion depend on seafood for nourishment or employment. As a leader in the seafood industry, Thai Union has a responsibility to protect tuna stocks for the good of the world,” said Thiraphong Chansiri, CEO of Thai Union Group. “Our substantial investment will transform tuna sourcing for the entire industry and demonstrates our strong commitment to the sustainability of our oceans.”

Thai Union defines sustainably sourced tuna as tuna from fisheries that are either already certified according to the standards of the Marine Stewardship Council (MSC) or are involved in a FIP that is working towards achieving standards required for MSC certification.

“Currently only 11 tuna fisheries globally are MSC-certified, supplying just 14 percent of globally landed tuna. Our commitment and strategy will have a positive impact on the entire industry by significantly increasing the supply of sustainable tuna available to the seafood processors, retailers and, ultimately, consumers,” said Darian McBain, global director for sustainable development at Thai Union.

Read the full story at Seafood Source

Flotsam and fashion: recycler of ‘ghost’ fishing nets makes marine litter trendy

October 24th, 2016 — The oceans are choked with discarded fishing nets, or ghost nets, that are estimated to kill 300,000 whales, dolphins and seals each year. It’s a grotesque and avoidable toll on nature, and one that Giulio Bonazzi, CEO of Aquafil, hopes to reduce using an unlikely ally – fashion.

The Italian firm is pioneering the use of “ghost” or discarded fishing nets to make a synthetic fabric marketed under the name Econyl that’s currently being used by several apparel brands, including Speedo and California surfer Kelly Slater’s Outerknown.

Last year, Aquafil recycled more than 5,000 tons of discarded nets at its factory in Trento in the north-east of Italy. With the exception of fish farming nets, which are coated with copper oxide to prevent algae and cannot be used, the company receives nets directly from fishermen, or through partnerships with two firms, Healthy Seas and Net-Works.

By breaking down the nets to a molecular level, the plastics are then recreated as yarn in a process the sustainability industry calls recommercialization. “If they know us, they contact us and we pay for the waste. They have to have a motivation to contact us. So they call us from all over. From California, from Australia. We take them from all over the world,” says Bonazzi, a former scuba diver.

Read the full story at The Guardian 

Maine lobster suppliers strategize to foil EU ban

May 9, 2016 — Maine lobster suppliers met behind closed doors with dealers from some of Europe’s biggest lobster importing countries in Brussels last week to discuss a pending ban on importing live North American lobsters into Europe.

The six Maine companies joined their Massachusetts and Canadian peers, as well as national trade officials, to discuss the proposed ban with buyers and trade officials from eight European countries, including the three biggest importers of Homarus americanus: France, Italy and Spain. The meeting occurred at the world’s largest seafood industry trade show, said spokesman Gavin Gibbons of the National Fisheries Institute, an American seafood industry trade group.

About 75 people met for 90 minutes to talk about how to avoid the all-out ban that Sweden asked the European Union to adopt in March after finding North American lobsters in European waters.

“Brussels was productive,” Gibbons said. “Unnecessarily excluding live North American lobsters from that market would have real impacts on both sides of the Atlantic, sales and jobs. So, no one is taking this lightly.”

In March, Sweden petitioned the European Union to declare the North American lobster an invasive species, which would ban live imports to the EU’s 28 member states. It based its petition on an 85-page risk assessment that claims the discovery of a small number of North American lobsters in the waters off Great Britain, Norway and Sweden over the last 30 years, including one female lobster carrying hybrid eggs, proved cross-breeding had taken place. The Swedish scientists say a ban would protect the European lobster from cross-breeding and diseases carried by the North American lobster.

Read the full story at the Portland Press Herald

The European Commission sees the light

November 16, 2015 — On Tuesday November 10, the Director General for Maritime Affairs and Fisheries, Mr.  João Aguiar Machado announced that the European Commission had dropped its proposal to ban all kinds of drift nets throughout EU waters. Addressing the Fisheries Committee of the European Parliament, DG Aguiar Machado stated that the regulation of drift nets would rather be addressed through regionalisation and the framework proposal on technical measures due to be published in early 2016.

Small scale fishers across Europe had been dismayed by the former Commissioner Damanaki’s announcement in May 2014 that she was determined to “eradicate once and for all” fishing with drift nets in European waters, with a ban to be implemented on January 1 2015.

Damanaki’s decision was backed by an impact assessment that had reached the conclusion, that due to signs that the number of vessels partaking in driftnet fishing had seen a decrease, ‘the overall socio-economic impact of the total ban is therefore considered irrelevant’. The impact assessment by its own admission, was inherently flawed, noting it had “not been possible to collect accurate landings data from driftnet fisheries apart from Italy and UK, which made it almost impossible to identify the economic importance of the gear at the European level.”

Read the full story at Low Impact Fishers of Europe

 

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