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NFFO Chairman, Tony Delahunty discusses the future of quota management in the under-10m Pool

Tuesday, September 30, 2014
Whilst this approach will help remove some of the quota pinch points that have arisen in some specific under-10 fisheries, through better targeted and adaptive quota management, we are clear that for most under-10m vessels this will not be the preferred option. The primary reason for this is that the flexibility to alter target species to adapt to the changing availability of different stocks is of central importance to most inshore fishing vessels; and that this is best met through the retention of the pool approach to quota management. This is exactly the position that I find myself as the operator of an under-10m vessel on the south coast. We mainly target crab and lobster but at certain times of the year it makes sense to target some of the quota species that become available within our area. This is when the flexibility of the pool is invaluable.

In the event that there is significant uptake of the voluntary option to accept and manage under-10 FQAs, it will be important to safeguard fishing opportunities within the remaining pool. With fewer high catching vessels fishing against the pool the uptake of the pool quotas should be less too, all other things being equal. But it will be equally important to tailor quota management to the under-10s which remain under the pool arrangement.
Source: NFFO

Smoked Fish Recalled for Possible Listeria Contamination
Friday, September 26, 2014

Star Gold Smoked Fish of Brooklyn, New York is recalling cold smoked steelhead fish because it may be contaminated with Listeria monocytogenes bacteria. No illnesses have been reported to date in connection with the consumption of this product, but listeriosis, the illness caused by this bacteria, can take up to 70 days to appear.
RecallThe recalled product is Cold Smoked Steelhead in Vacuum Pack with blue and gold label. It is packaged in a clear plastic vacuum bag for food service distribution. It has a white label with a code 244 on the back of the bag. The UPC number is 021 143140026. It was sold in New York state, New Jersey, and Florida as a food service item to be weighed at the point of sale.

CERMAQ-Fish farmer Marine Harvest will not bid for Cermaq-report
Friday, September 26, 2014

Norwegian fish farmer Marine Harvest will not bid for Cermaq after Mitsubishi Corpoffered USD 1.4 billion for the firm, chairman Ole-Eirik Leroey told financial daily Finansavisen on Friday 19th of September 2014.

"You will see that we are not going to bid for Cermaq," Leroey told the newspaper.
Earlier the following week Japan's Mitsubishi Corp made a USD 1.4 billion agreed bid for Norwegian fish farmer Cermaq at a 14-percent premium to the current share price.
Cermaq's board and the Norwegian state, Cermaq's biggest shareholder, agreed to the deal but said they wanted to give other investors the time to consider a competing offer.
Source: Reuters


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