Wholly Owned Subsidiary of Legend Holdings, Joyvio Group, to Acquire a 94% Stake in Chile’s Australis Seafoods

Chinese investment firm Legend Holdings announced on Monday [19 November 2018] that its wholly owned subsidiary Joyvio has agreed to purchase a majority stake in Chilean salmon producer Australis Seafoods SA. Joyvio will buy a 94.47 percent stake in Australis Seafoods for $880 million, Singapore-based news website zaobao.com reported…Full Article: The Global Times Nov 2018

Chinese-Made Offshore Fish Farm Put into Operation in Norway

The world’s first semi-submersible aquaculture support vessel, which was built by the Wuchang Shipbuilding Industry Group Co, has been put into operation in the Norwegian Sea area of Frohavet. Ocean Farm 1, the world’s first deep-sea fish farm, incorporating the most advanced and sustainable technology in fish breeding, was delivered in June, according to the

Fishing to be Banned in All 332 Nature Reserves Along the Yangtze River in 2018

Fishing would be gradually banned in all 332 nature reserves along China’s Yangtze River from January to restore the ecosystem of the country’s largest river. The ban also applies to future nature reserves, said Zhao Yimin, deputy director of the Yangtze River Fishing Supervision and Administration Office under the Ministry of Agriculture…Full Article: Xinhua Nov

North Korean Seafood Imports by China Reportedly Slows at Liaoning’s Port of Dandong

A thriving trade in seafood across the Yalu River that separates China from North Korea has dramatically slowed, traders said, although there is still nearly a month to go for a UN deadline to tighten sanctions on North Korea as punishment for its missile tests. The UN Security Council unanimously passed a resolution on Saturday

Hubei-based Shipbuilding Company Sells Offshore Fishery to Norwegian Fish Farming Enterprise

A Chinese shipping firm on Saturday [3 June 2017] delivered the world’s first automated offshore fishery to Norwegian fish farming company SalMar ASA. Wuchang Shipbuilding Industry Group of the China Shipbuilding Industry Corporation delivered the vessel to SalMar ASA at its dock in Qingdao, East China’s Shandong Province, the Xinhua News Agency reported…Full Article: ECNS.cn