FIJI: Pacific American Fish Company Inc. (PAFCO) has opened its USD 16.4 million new cold storage facility in Levuka, on the southeast coast of Ovalau Island.
This new facility will make it possible for the company to bolster its storage capacity as it will increase the amount of raw tuna it can hold from 3,000 to 4,000 metric tonnes.
The plant opening ceremony was attended by Prime Minister Josaia Voreqe Bainimarama, who pointed out that with this new facility PAFCO is expected to increase production by 10 per cent each year.
ECUADOR :Minister of Aquaculture and Fisheries Katuska Drouet toured the construction of the new automated plant in Durán for the production of shrimp balanced feed carried out by the multinational corporation Cargill and the Ecuadorian Naturisa.
The industrial facility requires a USD 60 million investment in infrastructure and equipment and is expected to come into operation in the last quarter of this year.
FIJI: The Fiji government has agreed to sign up to a Food and Agriculture Organization (FAO) treaty aiming to prevent, deter and stop illegal fishing by implementing efficient port state measures.
From Fisheries Ministry it is explained that the goal of this commitment is to ensure a substantial amount of revenue is not lost and the livelihood of Fijians in coastal areas are unaffected.
NEW ZEALAND:Fisheries Department of New Zealand has started a consultation period on proposed changes to catch limits and other management settings for the new fishing year beginning on October 1, 2018.
These parameters are reviewed twice yearly by Fisheries New Zealand in order to ensure the sustainable use of fisheries resources, which requires an investment of more than NZD 20 million (USD 13.5 million ) in fisheries science per year.