Daily recap, Oct. 26: Latest from IFFO; Norway gov’t open to salmon tax change; Russia hikes pollock TAC
Undercurrent News reporter Dan Gibson rounds up the biggest seafood news stories from Wednesday
IFFO 2022: Chinese demand for omega-3 may pressure supply; Cargill on novel oils
Undercurrent News is reporting live from this year's IFFO conference for the global marine ingredients industry, the first major gathering of the sector since 2019's event in Shanghai
Mackerel prices to remain on upward trajectory in 2023, catches to come down
A stable or minor decrease in catches should keep prices on the rise, but if coastal states cannot come to a quota-sharing agreement for 2023, future supplies could be at risk
Sustainable seafood market shows growth despite global challenges, says MSC
New figures from the Marine Stewardship Council show demand for sustainable seafood growing steadily and a strong recovery in the sectors that suffered the most during the pandemic
Shetland vessels landed 20% more fish in 2021
But despite increased landings by local vessels, the overall quantity of fish and shellfish landed in Shetland fell slightly in 2021, according to UHI Shetland
Little sign of pelagic quota-sharing progress in Europe, as EAPO calls for EU strength
'Some officials have said... the chances of [a quota-sharing] agreement for 2023 are very slim or next to zero,' one source told Undercurrent News
Irish pelagic processor close to final stage of sale process
A pelagic processor based in the Irish port of Killybegs is in the latter stages of a sale process, sources told Undercurrent News
MSC: New ICES advice shows northeast Atlantic pelagics over-exploited once again
The latest ICES advice shows the catch of mackerel, Atlanto-Scandian herring, and blue whiting exceeded scientifically advised limits by 27%, 31% and 23% respectively
ICES advises 38% cut in NVG herring landings for 2023
It also proposed that catches of blue whiting could lift by 23% from 2022, while its mackerel advice is down by a third compared to 2022's expected catch level
NGOs take legal action against Dutch gov’t for ‘leaving door open’ to misreporting catches
Two NGOs have just launched a legal challenge against the Dutch authorities 'for leaving the door wide open' for misreporting of fish catches and overfishing, they allege