Shrimp farming proves profitable in Punjab but still needs developing

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INDIA: For six years, shrimp farming has been carried out as a pilot test in waterlogged areas of Muktsar and Fazilka districts, Punjab state, by Guru Angad Dev Veterinary and Animal Sciences University (GADVASU), located in Ludhiana.
 
GADVASU representatives explain that this land is not usable for any other crop as it has a salinity of 5 parts per thousand, 10 times the salinity of river water, Hindustan Times reported.
 
Farmers stated that they earn an income of INR 1 million (USD 15,500) in the shrimp season.

National Assembly passes reformed Fisheries Law to tackle IUU fishing

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VIET NAM: Vietnamese National Assembly has passed the revised Law on Fisheries, including new features to strengthen illegal unreported unregulated (IUU) fishing fight and help the country gain the removal of the yellow card from the European Union.
 
The announcement was made by Deputy General Secretary of Vietnam Association of Seafood Exporters and Producers (VASEP) Nguyễn Hoài Nam, who explained one of these new features is an action programme on sustainable aquatic resource development being carried out by the Ministry of Agriculture and Rural Development (MARD), Vietnam News reported.

Odisha launches plan to boost freshwater aquaculture

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 INDIA: The state of Odisha has launched a new scheme to favour the creation of additional 2,200 hectares of freshwater aquaculture farming with 50 percent financial assistance to farmers.

The state plan scheme, called Fish Pond Yojana, has been developed with Odisha Government funding of INR 960 million (USD 14.8 million), as it was announced by Chief Minister Naveen Patnaik.

Tuna zone-based fisheries management proves effective, PNA states

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MARSHALL ISLANDS: Leaders of the Parties to the Nauru Agreement (PNA) point out that zone-based management of tuna fisheries in the western and central Pacific works effectively, adding that there is no interest in replacing it with a different management arrangement.
 
“Zone-based management works for conservation and business development,” said Marshall Islands Marine Resources Authority Director Glen Joseph, who chairs the PNA.

MSC grants financial support to encourage tuna sustainable practice in India

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INDIA: The non-government organisation Marine Stewardship Council (MSC) has awarded GBP 43,373 fund to the World Wildlife Fund (WWF)-India for promoting sustainable practices in the country’s fisheries sector.

 
Through the award, the MSC intends to help WWF-India to develop management plans for bait and tuna fishery with the technical support of the Central Marine Fisheries Research Institute (CMFRI).

Sino Agro Food obtains lower sale revenue

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CHINA: Agricultural technology company Sino Agro Food, Inc. (SIAF) reported a 48.5 percent decline in revenue from the sale of goods, to USD 45.4 million for the quarter ended September 30, year over year.
 
The company stressed its results reflect the discontinuity of the aquaculture operations announced on March 2 this year.

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