Saving Seafood

Cooke eyes deal for fast-growing Argentinian shrimp firm with Spanish plant

February 20, 2020 — Acquisitive Canadian seafood giant Cooke is eyeing a deal for Grupo Cabo Virgenes, an Argentina-based fishing and processing firm with a plant in Spain, reports Alimarket.

According to the website’s sources, Cooke is looking at buying all Cabo Virgenes’ assets, which include nine vessels and a plant in Argentina, and the value-added factory in Spain, but the talks are in the early stages and a deal is not imminent. Cooke is already operating in Spain, with seabass and seabream farmer Culmarex.

Cabo Virgenes and Cooke were not immediately available for comment to Undercurrent News. 

An Undercurrent source confirmed he’d also heard of the talks. “Cooke needs to enter the Spanish [shrimp] market and Cabo Virgenes is a good operation for starting with wild shrimp in Argentina,” he said.

Cooke has already started to expand in the Argentinian shrimp sector and Glenn Cooke, co-founder and CEO, told Undercurrent last year the company plans more deals. Cooke was previously being linked to a deal for vessels owned by Grupo Conarpesa Continental Armadores de Pesca (Conarpesa), but nothing materialized. The company has also snapped up two Central American shrimp farmers, Seajoy Group and Farallon Aquaculture de Nicaragua.

Read the full story at Undercurrent News

Bigeye tuna get ‘modest’ reprieve as fishing nations cut quotas

November 27, 2019 — The world’s major fishing nations have agreed “modest” quota cuts for the under-pressure Atlantic Bigeye tuna but critics say more should be done to protect an important food resource.

Scientists warn that unless the catch is reduced, stocks of Thunnus obesus—especially prized for sashimi in Japan and canned worldwide—could collapse within years.

A scientific report prepared for last year’s failed meeting of the International Commission for the Conservation of Atlantic Tunas (ICCAT) showed numbers had plummeted to less than 20 percent of historic levels.

This is only about half what is needed to support a “maximum sustainable yield”—the largest catch that can be taken without compromising the long-term stability of a species.

Going into the meeting in Majorca, Spain, ICCAT had a headline  of 65,000 tonnes, allocated to the seven groups, including Japan and the EU, with the largest catch.

When smaller members were included, this rose to around 77,000 tonnes, pushing the Bigeye further into the , according to NGOs.

Read the full story at PHYS.org

Short film competition highlights women in seafood

September 13, 2019 — Women from Spain, India, and Peru have won the top three prizes in the International Association for Women in the Seafood Industry’s (WSI) annual short film competition, run for the third time this year.

The competition brief asked women to document their observations and experiences in the industry, and offered a cash prize of EUR 1,000 (USD 1,108) for the winner and EUR 500 (USD 554) for two runners up.

Read the full story at Seafood Source

Interatlantic exec: China remains a processing powerhouse

September 4, 2019 — Economists have been predicting the decline of China’s seafood processing sector for years, but that prediction may not be correct, Jesús Martínez, Asia managing director at Interatlantic, a Vigo, Spain-based seafood trading firm, told SeafoodSource recently. Founded in 1989, Interatlantic has an office in Dalian, China, and has increasingly turned to China and its booming seafood market for a bigger share of its revenue.

Statistics do show a decline in the Chinese processing sector – the number of Chinese aquatic product processing enterprises dropped from 9,674 in 2017 to 9,336 in 2018, according to the Chinese Agriculture Ministry, and the country’s processing capacity of aquatic products processing enterprises fell from 29,262,300 tons per year in 2017 to 28,920,600 tons per year in 2018. Additionally, actual processing volume of aquatic products in China decreased by 1.79 percent compared with 2017, to 21.56,850 tons. Freshwater processing products and seawater processing totaled 3.883 million tons and 17.75 million tons respectively.

Read the full story at Seafood Source

Five jailed, fined €1.5m, for eel smuggling in Spain

June 17, 2019 — The Spanish National Court has prosecuted five people for breaching EU legislation — and endangered animal treaty CITES — by trying to smuggle European eel between 2011 and 2012.

The network attempted to remove 724 kilograms of live eels, with a value equating to €580,000, from Spain to Asia but were stopped in the first major operation carried out by SEPRONA, Spain’s nature protection service of the Civil Guard.

The network falsely documented the eels for transit to Asia as other species not subject to regulations, including the American eel, the California red worm, and the flathead grey mullet, according to a release from the Sustainable Eel Group.

The export and import of European eel out of and into the EU has been suspended since 2010. However, the scale of the illegal trade remains vast: according to Europol, 300 to 350 million European eels are illegally trafficked every year from Europe to Asia, accounting for almost one-quarter of the total number of glass (juvenile) eels entering European waters every year.

Read the full story at Undercurrent News

FishWise partners with major hotelier to boost responsible seafood consumption among tourists

April 23, 2019 — Sustainable seafood consultancy and non-profit FishWise has partnered with Palma, Spain-based hotel and resort chain Iberostar Group to bring education and training on responsible seafood consumption to Iberostar’s 32,000 employees, the organizations announced on 22 April.

The partnership is intended to enable Iberostar employees to speak confidently on concepts that are integral to the company’s Wave of Change movement. Launched in 2017, the Wave of Change initiative aims to establish a new, scalable business model for ocean stewardship in tourism through the active support of coastal health, plastics reduction, and seafood consumption.

“Providing responsible seafood options to our guests goes hand-in-hand with Iberostar’s tradition of gastronomic excellence,” said Megan Morikawa, the director of sustainability for Iberostar, which operates over 120 four- and five-star hotels in 18 countries. “We realize, however, that seafood is uniquely complex, and that the potential impact of Wave of Change hinges on empowering our employees to fully understand why we are taking these actions. We are excited to partner with FishWise to untangle this complexity and equip our team with the knowledge needed for success.”

FishWise plans to leverage its 15 years of helping businesses to develop and implement comprehensive seafood sustainability programs in its work with Iberostar. The partnership will be underpinned by a strong foundation of employee training that is expected to increase seafood sustainability awareness throughout the company and further embed Wave of Change as a key part of the identity and culture of the multinational hotelier, FishWise and Iberostar said.

Read the full story at Seafood Source

MASSACHUSETTS: Spaniards visit Gloucester to talk fishing

March 21, 2019 — Antonio Basanta Fernandez and Mercedes Rodriguez Moreda had completed their tasks at the Seafood Expo North America in Boston and were scheduled to first fly to New York and Ottawa for meetings before returning home to the Spanish region of Galicia.

But before they boarded the flight to New York on Tuesday night, the two executives of the Department of the Sea within the regional government of Galicia had an important stop:

They wanted to come to Gloucester and talk fishing.

“We know that Gloucester is one of the most important ports in northeast America,” Basanta Fernandez said Tuesday during an afternoon meeting at Gloucester City Hall with Fisheries Commission Chairman Mark Ring and commission director Al Cottone. “We think we share a lot of interests and there are a lot of similarities between our regions.”

Read the full story at The Gloucester Daily Times

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. 

EU Commission proposes 2019 TACs for Atlantic, North Sea

November 9, 2018 — The European Commission has proposed new 2019 quotas for 89 separate stocks in the east Atlantic and North Sea.

The new quotas will see total allowable catch (TAC) increased or maintained for 62 stocks, while 22 stocks have seen a decrease in TAC — five of which have a proposed TAC of zero, indicating that the reduced stocks should no longer be targeted at all.

Some of the biggest quota gains belonged to North Atlantic haddock, which had a proposed TAC of 10,469 metric tons, up 103% from 2018; horse mackerel off the west coast of Spain, with a proposed quota of 94,017t, up 69%; and Norwegian lobster west of Sweden, up 65% to a new TAC of 19,424t.

Read the full story at Undercurrent News