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Global seafood industry news · 1595 articles

Yakut gold miners who illegally dammed and drained the Timpton River ordered to pay over 5 million rubles for damage to aquatic biological resources

A gold mining company in the Neryungri District of the Sakha (Yakutia) Republic, Russia, built a dam without permits, diverting the flow of the Timpton River and draining its channel. The court fully upheld the claim filed by the Yakut Nature Protection Prosecutor's Office; the compensation of over 5 million rubles has been fully enforced and paid into the budget.

Russian Ministry of Economic Development: Gastronomy Industry Contributed RUB 513.9 Billion in Value Added to Russia's Economy in 2025, 6.22% of Creative Industries

On October 28, 2026, officials from the Russian Ministry of Economic Development disclosed at the conference "Russian Gastronomy: From Standards to Market" that the gastronomy industry created RUB 513.9 billion in value added for the Russian economy in 2025, accounting for about 6.22% of the total for creative industries, and stated that Russia is promoting regional Russian cuisine through tourism.

Peru Sets Anchoveta Bycatch Limit for Samasa Exploratory Fishery via Ministerial Resolution No. 00368-2026-PRODUCE, Parallel Sardine Acoustic Survey Conducted from Ica to Ancash

Peru's Ministry of Production published Ministerial Resolution No. 00368-2026-PRODUCE on October 22, setting a red line for Peruvian anchoveta bycatch in the exploratory fishery for samasa (Anchoa nasus); fishing must stop immediately once bycatch reaches or is projected to reach the limit. Meanwhile, the Peruvian Marine Research Institute conducted an acoustic resource survey of sardine and anchoveta from Punta Infiernillos to Chimbote between October 19 and 31.

Malta's MFF expects to export 700 to 1,000 tonnes of bluefin tuna to China this year, up sharply from about 200 tonnes in 2024

Salvu Ellul, chairman of Malta Fish Farming (MFF), told Xinhua that the company expects to export 700 to 1,000 tonnes of Atlantic bluefin tuna to China this year, compared with about 200 tonnes delivered in 2024. The company is also advancing two-way cooperation with China through the ultra-low-temperature processing vessel "Ocean Star", a trading subsidiary in Shanghai, the introduction of fertilized eggs in Zhangzhou, Fujian, and the purchase of feed fish.

Zhangzhou's Jan–Aug Seafood Exports to Africa Hit RMB 2.34 Billion, a Record High for the Period; Customized Processing of Tilapia, Sardines and Skipjack Opens Up Five African Markets

Statistics from Zhangzhou Customs show that from January to August 2026, Zhangzhou's seafood exports to Africa reached RMB 2.34 billion (USD 325 million), up 6.3% year on year and a record high for the period, accounting for 32.3% of China's total seafood exports to Africa over the same period. Local companies are adjusting specifications and cut sizes for frozen tilapia, canned sardines in oil and pre-cooked frozen skipjack loins to meet demand in Côte d'Ivoire, Ghana, Rwanda, Cameroon and Nigeria, driving export growth.

NOAA Fisheries Completes Longfin Inshore Squid Stock Assessment in Partnership with Northeast U.S. Fishing Industry; Fishery Valued at About $32.5 Million in 2024

NOAA Fisheries, in partnership with the commercial fishing industry in the northeastern United States, has completed a peer-reviewed research-track stock assessment for longfin inshore squid (Doryteuthis pealeii). In August 2026, an independent scientific review panel formally endorsed the assessment in Woods Hole, Massachusetts, approving two newly developed complementary assessment models.

Bergen Capital Holds Nearly One-Third of Proximar Seafood as Funding Runs Short at Japan Land-Based Salmon Project, Shares Plunge 81% in a Single Day

Four Bergen-based investors together hold 32.71% of Proximar Seafood, which farms Atlantic salmon at the foot of Mount Fuji in Japan. The company's average harvest weight in the third quarter was only 2.59 kg, and it failed to secure a price premium in the Japanese market. After announcing on October 27 that its cash was about to run out, its share price fell 81% in a single day.

EU Council approves extension of zero-tariff quotas to end-2027, covering Argentine shrimp, hake and squid

On 26 October, the EU Council approved the extension of autonomous tariff quotas until 31 December 2027, continuing to allow specified fishery raw materials to be imported duty-free within quota, covering Patagonian shrimp, common hake and squid. The measure amends Regulation No. 2023/2720, which was due to expire at the end of 2026; annual quota volumes and access conditions remain unchanged.

Yakut gold miners who illegally dammed and drained the Timpton River ordered to pay over 5 million rubles for damage to aquatic biological resources

A gold mining company in the Neryungri District of the Sakha (Yakutia) Republic, Russia, built a dam without permits, diverting the flow of the Timpton River and draining its channel. The court fully upheld the claim filed by the Yakut Nature Protection Prosecutor's Office; the compensation of over 5 million rubles has been fully enforced and paid into the budget.

Russian Ministry of Economic Development: Gastronomy Industry Contributed RUB 513.9 Billion in Value Added to Russia's Economy in 2025, 6.22% of Creative Industries

On October 28, 2026, officials from the Russian Ministry of Economic Development disclosed at the conference "Russian Gastronomy: From Standards to Market" that the gastronomy industry created RUB 513.9 billion in value added for the Russian economy in 2025, accounting for about 6.22% of the total for creative industries, and stated that Russia is promoting regional Russian cuisine through tourism.

Peru Sets Anchoveta Bycatch Limit for Samasa Exploratory Fishery via Ministerial Resolution No. 00368-2026-PRODUCE, Parallel Sardine Acoustic Survey Conducted from Ica to Ancash

Peru's Ministry of Production published Ministerial Resolution No. 00368-2026-PRODUCE on October 22, setting a red line for Peruvian anchoveta bycatch in the exploratory fishery for samasa (Anchoa nasus); fishing must stop immediately once bycatch reaches or is projected to reach the limit. Meanwhile, the Peruvian Marine Research Institute conducted an acoustic resource survey of sardine and anchoveta from Punta Infiernillos to Chimbote between October 19 and 31.

Malta's MFF expects to export 700 to 1,000 tonnes of bluefin tuna to China this year, up sharply from about 200 tonnes in 2024

Salvu Ellul, chairman of Malta Fish Farming (MFF), told Xinhua that the company expects to export 700 to 1,000 tonnes of Atlantic bluefin tuna to China this year, compared with about 200 tonnes delivered in 2024. The company is also advancing two-way cooperation with China through the ultra-low-temperature processing vessel "Ocean Star", a trading subsidiary in Shanghai, the introduction of fertilized eggs in Zhangzhou, Fujian, and the purchase of feed fish.

Zhangzhou's Jan–Aug Seafood Exports to Africa Hit RMB 2.34 Billion, a Record High for the Period; Customized Processing of Tilapia, Sardines and Skipjack Opens Up Five African Markets

Statistics from Zhangzhou Customs show that from January to August 2026, Zhangzhou's seafood exports to Africa reached RMB 2.34 billion (USD 325 million), up 6.3% year on year and a record high for the period, accounting for 32.3% of China's total seafood exports to Africa over the same period. Local companies are adjusting specifications and cut sizes for frozen tilapia, canned sardines in oil and pre-cooked frozen skipjack loins to meet demand in Côte d'Ivoire, Ghana, Rwanda, Cameroon and Nigeria, driving export growth.

NOAA Fisheries Completes Longfin Inshore Squid Stock Assessment in Partnership with Northeast U.S. Fishing Industry; Fishery Valued at About $32.5 Million in 2024

NOAA Fisheries, in partnership with the commercial fishing industry in the northeastern United States, has completed a peer-reviewed research-track stock assessment for longfin inshore squid (Doryteuthis pealeii). In August 2026, an independent scientific review panel formally endorsed the assessment in Woods Hole, Massachusetts, approving two newly developed complementary assessment models.

Bergen Capital Holds Nearly One-Third of Proximar Seafood as Funding Runs Short at Japan Land-Based Salmon Project, Shares Plunge 81% in a Single Day

Four Bergen-based investors together hold 32.71% of Proximar Seafood, which farms Atlantic salmon at the foot of Mount Fuji in Japan. The company's average harvest weight in the third quarter was only 2.59 kg, and it failed to secure a price premium in the Japanese market. After announcing on October 27 that its cash was about to run out, its share price fell 81% in a single day.

EU Council approves extension of zero-tariff quotas to end-2027, covering Argentine shrimp, hake and squid

On 26 October, the EU Council approved the extension of autonomous tariff quotas until 31 December 2027, continuing to allow specified fishery raw materials to be imported duty-free within quota, covering Patagonian shrimp, common hake and squid. The measure amends Regulation No. 2023/2720, which was due to expire at the end of 2026; annual quota volumes and access conditions remain unchanged.