News Digest n.7 / 2024
Norway’s salmon price decline halted
Norwegian fresh salmon prices have halted their long decline, with prices rising by 2% to NOK 79.78 per kilo. Export volumes remained firm, with 18,421 tonnes in week 28. However, Norwegian salmon producers face tougher overseas markets due to consumer resistance and competition.
Hungary focusses EU council on aquaculture
Hungary has begun its six-month term as the EU council's president, focusing on the development of the European aquaculture sector. The aim is to boost food production, reduce disputes over fisheries sovereignty, and promote sustainable EU fisheries.
Faroe Islands Proposes Regulatory Changes for Mackerel Fishing
The Faroe Islands' Minister for Fisheries, Dennis Holm, has proposed amendments to regulations on landing fish in the Faroe Islands and mackerel regulations. The changes allow mackerel caught in Norwegian waters to be exempt from the requirement to land at a Faroese quay. The Faroese and Norway signed an agreement in 2024 to arrange fishing for mackerel, allowing the Faroese to fish a part of their quota in Norwegian waters.
Aquaculture: 20 million euros from the EIF under InvestEU
Aquaculture: 20 million euros from the EIF under InvestEU Aquaculture: 20 million euros from the EIF under InvestEU The European Investment Fund (EIF) has invested €20 million in the Blue Revolution Fund, a venture capital fund managed by Hatch Blue, to support early-stage aquaculture businesses. The fund aims to address aquaculture shortages and market gaps, introducing sustainable technologies and alternative seafood protein solutions. The investment aligns with the EU's commitment to a blue economy.
Turning the tide: How Sardinian fishers are cleaning up their seas
Scientists from Cagliari University, Fisheries Local Action Groups, and Sardinian fishers collaborated to remove over two tonnes of marine litter from Sardinian waters. The project FLAGS (Fishing Litter and Abandoned Gears in Sardinia) was supported by the European Maritime and Fisheries Fund. Over six months, fishers collected 2400 kg of litter, raising awareness and paving the way for future collaborations.
