ANALYSIS - In this week's news, the Board of Trade of Thailand has joined force with eight associations and Charoen Pokphand Foods to create the “Thai Fishery Producers Coalition” (TFPC), which will work on addressing labour issues and work against illegal child labour, forced labour and human trafficking in the country, writes Lucy Towers, TheFishSite Editor.
In response to work by the Environmental Justice Foundation highlighting human rights abuses in Thailand's shrimp sector, the TFPC will focus on four-key objectives including encouraging fair practices in the working place, preventing illegal and child labour, working with government agencies and labour organisations to campaign against illegal labour and to jointly organise activities to promote and support access to education of migrant children in the Thai educational system.
Norwegian salmon farming company Marine Harvest has purchased 28,826,736 shares in Grieg Seafood, meaning that it now holds 25.8161 per cent of the share capital in the company.
Cermaq has reported that strong salmon prices lifted its earnings in quarter three of 2013. The company's EBIT pre fair value was NOK 113 million in Q3 2013 versus a loss of NOK 97 million Q3 2012.
Looking to 2014, Cermaq expects to increase its sales volume by 14 per cent, with half of this increase to be in Norway and Canada.
The Danish government and the Red-Green Alliance are investing DKK 10 million into making the country's fisheries more sustainable.
The money will be invested into fishing gear, fish stock analysis, developing seal proof gear and DKK 3 million will go into the sustainable production of mussels.
Global feed and nutrition company Cargill is hosting a two-day workshop, 12-13 November, in Ciudad Obregon, Mexico to explore strategies to help deal with the shrimp disease Early Mortality Syndrome (EMS) which affected farms in the Mexican states of Sonora and Sinaloa.
"We hope that a partnership between researchers, industry and government can help develop some holistic solutions to this destructive disease," says John Peppel, senior vice president, Cargill Animal Nutrition, who serves on the Board of Directors of the Global Aquaculture Alliance.