HIGHLIGHT: TUNA 2018 Bangkok, Thailand.

Canned fish producer plans public offering

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BRAZIL: Food producer Camil Alimentos submitted a request to the Securities and Exchange Commission (CVM) for an initial public offering (IPO).

The operation, scheduled for October, aims to release current shareholders of the company and raise new resources.

Among its main shareholders, the group has the investment fund Warburg Pincus, which last year acquired a 31.75 per cent stake.

Tilapia exports fall 17 pct in the first four months

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HONDURAS: In the first four months of this year, exports of tilapia fillets from Honduras generated USD 17.2 million in revenues from the sale of 3,027.5 tonnes of this product, according to a report by the Central Bank of Honduras (BCH).

These figures are somewhat lower than those recorded in the first four months of 2016, when 3,549.7 tonnes of fillets worth USD 20.8 million were exported.

CMFRI urged to create national marine fisheries programs

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INDIA: National Institution for the Transformation of India (NITI Aayog) has requested the Central Marine Fisheries Research Institute (CMFRI) to develop programmes for the development of marine fisheries in the country.

To carry out the project, the CMFRI director A Gopalakrishnan has been asked to make a National Marine Fisheries Index in order to create a comparative picture of marine fisheries development across the maritime states, including the islands.

PNA achieves record number of MSC trips in tuna fishery

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MARSHALL ISLANDS: The Parties of the Nauru Agreement (PNA) has reached a milestone of 2,000 "MSC trip numbers" in their free-school skipjack and yellowfin fishery, since the group started its project to bring larger volumes of sustainably caught tuna to the world, reported Pacifical.

Since 2013, the PNA has maintained day by day one of the most complex and rigid chain of custodies out there; a strict multi-level filtered chain with zero tolerance on mixing eligible MSC free-school caught tuna with non-sustainable caught tuna.

Odisha offers new boost to shrimp farming

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INDIA: In an attempt to expand shrimp production and increase exports from the state, Odisha Government is planning to implement a series of measures to enhance the farming area for brackish water farming of the crustacean.

As part of the initiative, State officials have devised a five-year plan intended to reach the goal of 200 million tonnes exported seafood and to lease out 24,000 ha of Government land as well as develop required infrastructure for shrimp farming.

Century Pacific keeps a 'cautious optimism' amid challenging environment

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THAILAND: Century Pacific Food Inc. (CNPF) aims to sustain a double-digit growth in earnings this year despite a more challenging environment brought about by rising input costs and weakening local currency.

“The moderate year-on-year net profit growth of 10 per cent in the first quarter sets the tone for the balance of the year,” CNPF president and chief executive officer Christopher Po said.

Twenty-three research projects end successfully

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CHILE: A total of 23 research projects from the Fisheries and Aquaculture Research Fund (FIPA) of the Undersecretariat of Fisheries and Aquaculture (SUBPESCA) ended successfully during the first half of this year.

Performing these studies implied a public investment that exceeded USD 3 million -- 29.3 per cent more than in the same period last year -- and will help strengthen SUBPESCA's decision-making in terms of updating fishery and aquaculture activity management measures in the country.

First Indonesian tuna fishery enters MSC assessment

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The decidion of the pole-and-line skipjack and yellowfin tuna fishery in Sorong to obtain the Marine Stewardship Council (MSC) standard will provide an invaluable foundation for traditional fishing communities in the Western Central Pacific Ocean.

This was pointed out by International Pole & Line Foundation (IPNLF), who praised the efforts made by local fishermen and by Indonesia’s Ministry of Marine Affairs and Fisheries (MMAF) for the process to progress.

If successful, the fishery could be supplying MSC certified skipjack and yellowfin tuna to international markets by the end of 2018.

Seafood Watch recognises ASC certified tilapia as 'good alternative'

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NETHERLANDS: Monterey Bay Aquarium has recognised Aquaculture Stewardship Council (ASC) certified tilapia as equivalent or better to their Seafood Watch yellow rating, which is associated with their Good Alternative category.

The recommendation comes after an independent review of the standard by the Monterey Bay Aquarium Seafood Watch program. In its report, the agency cited the ASC requirements for data collection, effluent limits and environmental impacts assessments as some of the many features of the standard that lead to the buy recommendation.

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