Catch quota trial fishing started this week ahead of setting quotas for the second fishing season in
Last year’s quotas were low due among other reasonsto massive content of small fish, while the biomass appears tobe at its highest level.
Anchovy fishing in
But even if fishmeal production increases in the future, Mogster doesn't believe it will lead to prices dropping dramatically from the current level.
“Prices for fishmeal were artificially high and havefallen by around $500 (€375) per metric ton in
"When prices dropped to this level we also saw a rise in demand and buyers came back," he said. "$1,500 (€1,125) to $1,600 (€1,200) is still a good price for fishmeal. We’re confident it’s an OK market ahead of us."
Neither is he overly concerned salmon feed is becoming increasingly less dependent on fishmeal, and that perhaps in five years time fishmeal might be phased out for salmon feed.
If fishmeal isn't used in salmon feed, it will always be in use in other areas, he said.
“It's not a new situation that substitutes have beenfound for fishmeal in fish feed," he said. "There is a pressing need to find alternatives to fishmeal in the fish diet if salmon farming is to grow.
"Production of fishmeal is not going to be able to increase over time," he said. "There will be a need for fishmeal still in the future, despite everything the protein content is more than 70 percent compared with around 45 percent in soy,” Mogster said during the company’s quarterly presentation held in Bergen on Thursday last week.
(seafood.vasep.com.vn) Khanh Hoa Provincial Agricultural Extension Center, in collaboration with the Northern Center for Marine Aquaculture Research and the Van Hung Public Service Center, recently organized a training course on disease-free golden pompano seed production. The program is part of a National Agricultural Extension Project aimed at developing industrial-scale seed production models to support sustainable marine aquaculture.
(seafood.vasep.com.vn) Vietnam’s pangasius exports have shown encouraging signs of recovery in 2026. In the first four months of the year, total export turnover reached USD 720 million, up 17% compared to the same period last year. This result reflects improving demand across many markets, as well as the efforts of Vietnamese pangasius enterprises to maintain production, secure orders, and adapt to changing market conditions.
(seafood.vasep.com.vn) The application of high technology in shrimp farming is delivering positive results in the coastal areas of Vinh Long Province, contributing to improved production efficiency and creating significant potential for further industry expansion. However, to fully capitalize on this potential, the province is focusing on aquaculture zoning, infrastructure investment, and promoting modern, sustainable production.
(seafood.vasep.com.vn) Đồng Tháp Province has intensified efforts to curb illegal fishing by strengthening vessel monitoring, law enforcement and seafood traceability.
(seafood.vasep.com.vn) Seafood businesses need solutions to overcome bottlenecks such as labor shortages, difficulty accessing capital, high input costs, and administrative procedures in order to maintain production, adapt to market fluctuations, and effectively exploit export opportunities.
(seafood.vasep.com.vn) The FTA would widen access to markets with strong demand for premium food products in line with the country’s strategy of shifting exports towards increasing added value.
(seafood.vasep.com.vn) On the morning of July 13th, Mr. Ho Quoc Dung, Member of the Central Committee of the Communist Party of Vietnam and Deputy Prime Minister, along with his delegation, visited and worked with businesses in An Giang province to promptly resolve obstacles and promote production and business activities.
(seafood.vasep.com.vn) As importing markets increasingly focus on biosecurity and traceability, Vietnam has established a relatively comprehensive legal framework and disease management system for aquaculture, covering tilapia farming as well as other cultured species. This system is based on the Law on Animal Health, regulations on the prevention and control of aquatic animal diseases, the National Plan for the Prevention and Control of Major Diseases in Farmed Aquatic Species, and environmental monitoring and early warning programs for aquaculture areas.
(seafood.vasep.com.vn) On July 9, 2026, the Embassy of Vietnam in Brazil organized the seminar titled “Sharing Information on Vietnam-Brazil Economic, Trade and Investment Relations in the First Half of 2026” to provide updates on bilateral cooperation and strengthen connections among government agencies, industry associations, and business communities of the two countries.
(seafood.vasep.com.vn) Seafood exports in the first 6 months of the year continued to be a bright spot with a total turnover of 5.7 billion USD, an increase of 11.4% compared to the same period last year. By commodity group, seafood is one of the three groups with a trade balance in the first 6 months of 2026 in a surplus state with 4.13 billion USD, an increase of 17%.
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