US no longer discriminates against Mexican tuna products, according to WTO

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MEXICO :The World Trade Organization (WTO) has released the final report of the Appellate Body on the dispute that Mexico initiated in 2008 against the United States for restrictions on Mexican tuna trade.
The Appellate Body reviewed the latest amendments by the US in terms of labelling "Dolphin-safe" and determined that with them, that country no longer discriminates between Mexican tuna products and US and other tuna products, informed the National Commission of Aquaculture and Fisheries (CONAPESCA).

Shrimp exporters voice concern over US import regulations

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INDIA : Seafood exporters from India have voiced concern over the new Seafood Import Monitoring Policy (SIMP) regulations of the United States on shrimp and other marine products, since they fear they could experience a backlash on surging exports.

In the sector’s opinion, the move — which will be effective from January 1 — may impact 50 per cent of India’s shrimp production that is headed for the US unless some effective steps have been taken by exporters, The Hindu BusinessLine reported.

Aquaculture in brackish water proves more rewarding than in freshwater

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MALAYSIA : Small-scale fish farmers in Malaysia earn 2.5 times more farming aquaculture in brackish-water, compared to freshwater, according to a study published in the Pertanika Journal of Social Sciences & Humanities.
The study, led by Roslina Kamaruddin, a researcher from University Utara Malaysia, was intended to understand why some fish farmers are more successful than others.

Odisha progresses in mapping for coastal aquaculture

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INDIA : Odisha Government has geared up to complete the mapping of coastal areas in the state for identification of suitable land feasible for control and management of coastal aquaculture.
As it was informed by The New Indian Express, at a recent meeting of the technical committee for Geographic Information System (GIS)-based coastal area mapping, it has been decided to go for demarcation up to village and plot level within two km from high tide lines of the 480 km-long coastline in the State.

Fishing companies lose millions of dollars due to inefficient fishing practices

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WORLDWIDE: New research suggests that fishing companies operating worldwide are leaving between USD 51 billion and USD 83 billion in unrealized net economic benefits on the table every year due to the overexploitation and underperformance of fish stocks.

The analysis was carried by the Sea Around Us initiative, the Institute for the Oceans and Fishers at the University of British Columbia, the Fish Tracker initiative and the Sea Around Us - Indian Ocean project.

Parties to the Nauru Agreement: Rights-based management works in the Pacific

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MARSHALL ISLANDS: Majuro — With next month’s annual meeting of the Western and Central Pacific Fisheries Commission (WCPFC) facing numerous challenges and opportunities to improve fisheries management, the head of the Parties to the Nauru Agreement (PNA) said the foundation of success in the region is “rights-based management” that has been implemented by Pacific islands.

Luxury holiday resort operator supports one-by-one tuna fisheries by joining IPNLF

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MALDIVES : Luxurious resort Soneva Jani has become the latest member of non-profit association International Pole & Line Foundation (IPNLF) through its new Responsible Tourism Initiative.

This initiative connects hotels and resorts with local sustainable fisheries for the benefit of guests and staff, local fishing communities and the marine environment, explains IPNLF. It is specifically aimed at improving sustainability in the supply chain in hospitality establishments and enhancing the understanding of one-by-one tuna fisheries.

Permira buys 50 pct of aquafeed producer Grobest

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TAIWAN : A company backed by global investment Permira funds is to acquire 50 per cent of aquatic feed producer Grobest shares through a new joint venture company that will become its sole corporate shareholder.
Founded in 1974 and headquartered in Taiwan, Grobest has operations in Taiwan, Vietnam, Thailand, China, India, Indonesia, Philippines, and Malaysia. In addition to this broad presence across Asia, the world’s largest aquaculture market, it is a pioneer and technological leader in an array of innovative and differentiated functional feed products, focused on preventing and combating diseases as well as increasing yields.

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