Wednesday, 17 September 2014

Clearwater Announces Inclusion in S&P/TSX SmallCap Index

Clearwater Seafoods Incorporated is pleased to announce that it will be added to the S&P/TSX SmallCap Index, effective after the close of trading on Friday, September 19, 2014. Standard and Poor’s Canadian Index Operations announced this addition on September 12, 2014, following results of their annual review of the S&P/TSX SmallCap Index.

“The addition of Clearwater Seafoods to the S&P/TSX SmallCap Index is important recognition of our progress over the past number of years in growing our market capitalization and the liquidity in our shares. We expect that our inclusion in this index will continue to drive investor interest in Clearwater ” said Ian Smith, CEO.

The S&P/TSX SmallCap Index provides an investable index for the Canadian small cap market. The index is float adjusted and market cap weighted and was developed with industry input as the ideal benchmark for those with small cap exposure of the Canadian equity market. The Toronto Stock Exchange (TSX) serves as the distributor of both real-time and historical data for this index.

Commentary Regarding Forward-Looking Statements

This news release may contain “forward-looking information” as defined in applicable Canadian securities legislation. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding future plans and objectives of Clearwater, constitute forward-looking information that involve various known and unknown risks, uncertainties, and other factors outside management’s control.

Forward-looking information is based on a number of factors and assumptions which have been used to develop such information but which may prove to be incorrect including, but not limited to, total allowable catch levels, selling prices, weather, exchange rates, fuel and other input costs.  There can be no assurance that such information will prove to be accurate and actual results and future events could differ materially from those anticipated in such forward-looking information.

For additional information with respect to risk factors applicable to Clearwater, reference should be made to Clearwater’s continuous disclosure materials filed from time to time with securities regulators, including, but not limited to, Clearwater’s Annual Information Form. The forward-looking information contained in this release is made as of the date of this release and Clearwater does not undertake to update publicly or revise the forward-looking information contained in this release, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

No regulatory authority has approved or disapproved the adequacy or accuracy of this news release.

About Clearwater

Clearwater is one of North America’s largest vertically integrated seafood companies and the largest holder of shellfish licenses and quotas in Canada. It is recognized globally for its superior quality, food safety, and diversity of species and reliable worldwide delivery of premium wild, eco-certified seafood, including scallops, lobster, clams, coldwater shrimp, crab and groundfish.

Since it’s founding in 1976, Clearwater has invested in science, people and technological innovation as well as resource ownership and management to sustain and grow its seafood resource. This commitment has allowed it to remain a leader in the global seafood market and in sustainable seafood excellence.



Clearwater Announces Inclusion in S&P/TSX SmallCap Index

Seafood industry asked to consider response to climate change impacts

Seafood businesses and organisations in the UK are being asked for their views on the impact of climate change on the seafood industry and how they might respond, in order to help the industry to adapt in the future.

Seafish, the authority on seafood in the UK, together with the MCCIP (Marine Climate Change Impacts Partnership), are currently reviewing climate change impacts on the seafood industry as part of a project to ensure the industry is prepared to respond. Read more...

NZ Hake, Ling Join Top 8% of World’s Sustainable Fisheries

Grilled New Zealand hake photo from DWG
New Zealand’s Hake and Ling Join Top 8 percent of World’s Sustainable Fisheries

Hake and ling from New Zealand are now among the top 8 percent of global sustainable fish species after being recognised by the Marine Stewardship Council (MSC). Each of the three New Zealand hake trawl fisheries, five ling trawl fisheries and five ling long line fisheries have been certified as sustainable against the MSC standard – the ‘gold standard’ for sustainable seafood production.

Only 8 percent of the world’s wild-capture harvest is certified through the global MSC programme which sets high internationally-accepted standards for sustainable fishing and provides consumers with assurance that MSC certified seafood is sustainable, based on sound, independent science. Read more...

Better design, better targeting needed for sustainable development of aquaculture

A report published today by the European Court of Auditors (ECA) reveals that measures to support aquaculture in the period up to 2013 were not well designed and implemented at EU and Member State level, and that the European Fisheries Fund (EFF), as the funding instrument of the Common Fisheries Policy (CFP), failed to deliver value for money and effective support for the sustainable development of aquaculture.

Kevin Cardiff, the ECA Member responsible for the report, has commented that:

“We found that the main objectives for growth of the aquaculture sector have not been met, and the sector has stagnated for many years. While the financial crisis undoubtedly contributed to this stagnation, the overall framework to support the sector was not well designed, and the actual measures taken were weak. Read more...

New reports reveal a turning tide for sustainable seafood

Two new reports published today by the Marine Stewardship Council (MSC) show the progress being made to secure the future of the world’s oceans, and a plentiful supply of seafood for generations to come.

With 29 percent of the world’s oceans currently overfished1, the reports show how commitments by seafood producers, retailers and consumers are delivering lasting improvements to the sustainability of marine ecosystems, fish stocks and fishing communities. Read more...

Tuesday, 16 September 2014

Lantra Scotland, Land-based and Aquaculture Learner of the Year Awards 2015 Open for Nominations

Lantra Scotland, the sector skills council for the land-based, environmental and aquaculture sectors, is calling on all employers, instructors, tutors, trainers, teachers and mentors to put forward their nominations.

Now in their 12th year, the awards recognise and celebrate the achievements of young people and new entrants embarking on careers in the land-based, environmental and aquaculture sectors and are open to all vocational learners, students and Modern Apprentices working in the following sectors: agriculture, aquaculture, equine, fisheries management, environmental conservation, game. Read more...

Shrimp Exports To South Korea Increased By 114.5%

As of  August 15, 2014, shrimp exports are still in favourable conditions as exports to main markets are strongly growing. Particularly, exports to South Korea increased by 114.5 percent year on year. Eight first months of 2014 saw an 80.3 percent increase in exports to the United States, 4.8 percent rise to Japan and 98.8 percent surge to EU.

The supply recovered slowly due to the effects of EMS (early mortality syndrome). Coupled with higher shrimp prices, these are supporting Vietnam exports. Thailand, one of the biggest shrimp suppliers, reduced its production sharply due to EMS. Farmers had to comply with procedures to minimize the mortality rate of shrimp and harvested early. Read more...