AGP Executive Report
Last update: an hour agoAquaculture Scale-Up in China: A new semi-submersible fish farm platform, Xinhuan No. 1, has started operating off Sanya, Hainan, targeting 4,000 tonnes of ocean-farmed fish in its first year and using multi-zone, rotational farming to support year-round production. Global Seafood Trade Snapshot: FAO reports aquatic animal production hit record levels in 2024, with aquaculture surpassing 100 million tonnes for the first time, while aquatic animal trade reached a record $184bn—raising the stakes for sustainable growth. Fisheries Integrity Push: Fifteen countries signed the Mombasa Declaration to boost fisheries transparency and share vessel information to better tackle illegal, unreported and unregulated fishing. Policy for Seaweed Growth: Tanzania unveiled priorities to expand seaweed production, including tax relief on key inputs, investor protection, farmer support, value addition, and research and technology backing. Aquaculture Research Funding: NOAA announced a US$13.5M aquaculture institute to expand domestic seafood production. Marine Disruption Risk: Papua New Guinea communities in Manus face ongoing access problems as floating volcanic pumice rafts disrupt boat travel and fishing routes.
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