Lonrho, former Oceanfresh CEO settle fraud spat out of court

oceanfreshlogo

Investment firm withdraws all accusations against the former CEO of its South African firm Oceanfresh, who in turn has withdrawn allegations of condoning fraud

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Oceana told to sell fishing rights acquired through Foodcorp deal

South Africa’s competition commission has told the company it must sell Foodcorp’s fishing rights along with its Glenryck brand

Namibia to swap fishmeal for VAP in inshore horse mackerel TAC

Pelagic association hopes this year’s quota, which will for first time have to be used for value adding and not fishmeal and oil, will be allocated by early May

Russia nets 100,000t fishing quota in Moroccan waters

Morocco assigned a fish catch quota of 100,000 metric tons to Russia this year in its economic zone according to a protocol on the results of the second session of the Russia-Morocco mixed commission

Nigeria minister denounces import of ‘rotten fish’ to country

Nigeria, around Calabar. Photo: jbdodane

Agriculture minister threatens to shut down coldstores owned by Stallion Seafood in latest move seen by sources as government going after the country’s large Indian importers (more…)

Oceana converts fishing rights into shared value with $27m employee payout

Oceana Lucky Star

South Africa’s largest fishing company, Oceana Group, will pay out RZAR 289 million ($27.2m) to employee beneficiaries of the Oceana Empowerment Trust (more…)

Panama, Fiji, Vanuatu, two others given until spring 2014 to up IUU fight

Credit: Bobby Hidy

EU says Panama, Fiji, Togo, Sri Lanka and Vanuatu have until the spring to demonstrate efforts to fight IUU, while analysis on progress of South Korea, Curacao and Ghana is still ‘ongoing’ (more…)

Mackerel market readies for ‘exciting season’

Faroese access to Norwegian and EU waters amid some 300,000 tons extra volumes and uncertainty over Russia, Nigeria and Ukraine — this year will be an exciting one for the mackerel industry

EU bans fish trade with vessels flagged to Belize, Guinea, Cambodia over IUU

Skipjack-Tuna

Move could impact MW Brands and Pevasa as all fish imports from vessels flagged to Belize, Cambodia and Guinea, and activities of EU vessels in these countries’ waters, will be banned as on Monday as part of fight against IUU (more…)

Farmed salmon industry joins sustainability activists to prove good practices

The Pathways to Sustainability Seminar intends to set an example of how cooperation among seafood industry members can lead to sustainable development and can be replicated