News

16 November, 2017
METS Trade Forum

Iddes Yachts @ METS Trade Forum 2017

Our partner Iddes Yachts will be exhibiting @ METS Trade Forum Amsterdam from the 14 to 16 of this month. Vicalsa will be also there informing about the latest news from the marine sector, including 3D Printing application and the new Ballast Water Management Regulation approach (BWM). It will be our pleasure to meet you at the stand 10.704. Contacts: Iddes Yacht: Iván Salas Vicalsa: Anxo Mourelle   About METS Trade: METSTRADE Show the world’s biggest and most visited B2B leisure marine equipment show, which has been bringing the marine industry together for decades. This global business platform and community focuses on innovation, market developments, and on-site networking.    
12 September, 2017

Infographic to understand the new BWM Convention

The new Convention for the Management of Ships’ Ballast Water and Sediments (BWM Convention) requires ships to manage their ballast water to remove, kill or discharge all the aquatic organisms and pathogens within the ship’s ballast water and sediments. This useful infographic will help you understand how it will affect your operations: Credits to: Marine Insight     Want to know how we can help you? Click here
11 July, 2017

Spain may exhaust remaining Indian Ocean tuna quota by October

The Spanish fleet is to reach a definitive agreement on how to split its remaining 2017 yellowfin tuna quota among vessels this week. Spanish fishing industry associations Asociacion Nacional de Armadores de Buques Atuneros Congeladores (ANABAC) and Organizacion de Productores de Atun Congelado (OPAGAC) have “reached a gentlemen agreement in absence of the general secretary of fisheries for the distribution [of the quota] between vessels, with amounts ranging between 600-1,200 metric tons per vessel,” one source from a large firm told Undercurrent News. The definitive agreement between ANABAC and OPAGAC will be reached on Wednesday or Thursday, and will probably be made public on Friday, another Spanish source told Undercurrent. Meanwhile, the Seychelles has assigned its remaining quota last Friday, sources said.   Spain, France and Seychelles The Spanish fleet has caught 73.95% of its quota in the Indian Ocean, industry sources told Undercurrent on July 3. The amount remaining to complete the 45,682t allocated to the Spanish fleet is therefore less than 12,000t for the rest of the year. The French fleet is in a similar situation. However, the French fleet could fish until December, thanks to “steps that have been taken”, according to a third French source. The Seychelles has awarded 994t of yellowfin tuna quota for each vessel, to be counted from May 20, the first source said. The quota was divided among 13 vessels with a Seychelles flag, the second source noted. With these quotas, it is estimated that the Seychelles’ fleet will have to stop fishing at the end of September, while the French and Spanish fleet will have to stop fishing in October at the latest, sources pointed out. This means that, for three or four months, there will be no supply of fishing for purse-seine fleet in the Indian Ocean. As a result, for three-four months about 120,000-160,000t in the Indian Ocean might not be fished, according to one source. “This will significantly strain prices throughout the region and possibly also in other markets. In addition, given the scarcity of yellowfin catching globally, the lack of supply of yellowfin may push prices up to €3,000/t in markets such as Italy or Spain, where sales are already €2,800/t and even more,” one of the sources said.   Global price rise Trend In Bangkok, Thailand skipjack prices have reached $1,900/t at the end of June and are moving towards $1,950-1,970 per metric ton in July, while they have jumped to $2,000/t in Ecuador. Meanwhile, sustainability measures introduced in the Indian Ocean are expected to cause prices to increase in the second half of the year, as the EU fleet is closing in on the yellowfin quota introduced this year for the first time. “There is already talk of [skipjack tuna prices] overcoming the $2,000/t barrier in Thailand, in the Indian and Atlantic levels €1,550-1,600/t FOB [free onboard] and in Spain we have already reached €1,800/t,” one source said, pointing to the ongoing price rise trend. “[At present] there is much more demand than supply. The fishing in the Atlantic is bad, in the Indian Ocean [vessels are] finishing the quotas, in the Pacific [catches] are very loose, in the Western Pacific [catches] are improving a bit but they have loose all year,” the second source noted, stressing that this situation was “starting to impact prices”. “This year catches are going to fall a lot at the end of the year. There have never been quotas in the Indian, in the Pacific, [such a] reduction of catches in general”. Next year, because of the new measures in the Indian Ocean, there will be even less fish, he added.   _______________________________ Source: https://www.undercurrentnews.com/2017/07/04/spain-may-exhaust-remaining-indian-ocean-tuna-quota-by-october/