Fish farming

Greek fish farming products, mainly sea bream and bass, suffered fresh losses in their market share in the principal countries they are exported to last year due to the major competition they now face, primarily from their Turkish rivals.

Selonda Aquaculture has received the "Fish from Greece" private certification from the TUV Hellas monitoring organization, concerning responsible fish farming and underscoring the high quality of Greek fish.
After acquiring the certification, the fish distributed by the Greek firm will also bear the "Fish from Greece" tag.

Prices of sea bass and sea bream have dropped to their lowest level in recent years, aggravating the already difficult situation of the two main aquaculture companies in Greece, Nireus and Selonda, but the United Nations Food and Agriculture Organization (FAO) estimates that 2020 may signal the start of a price recovery for the two important fish farming products.

The impact of the collapse in the Turkish lira last year had a predictable impact on Greek fish farming sales.

Although Greek aquaculture companies managed to sell greater quantities in 2018, according to the financial figures they released, the average sale prices dived due to pressures in foreign markets from the much cheaper Turkish fish.

Attending on Monday in the eastern city of Tulcea the official opening of the Fish Trading Exchange, Premier Viorica Dancila also announced the launch of a new governmental program aimed at revitalizing the fisheries sector, supporting fisher families and encouraging product processing.

Until the 1980s, dolphins were mercilessly fished in the Marmara Sea and the Black Sea. The state distributed arms, ammunition and loans to dolphin fishermen for them to fish more. For years, in Black Sea houses, rags immersed in dolphin oil were used in lamps.

Turkey?s fishing industry has been shrinking gradually since 2011 due to a decrease in fishing activities, although there has been an increase in fish breeding, according to a note published by the Turkish Statistical Institute (TÜ?K) on July 7. 

Each year, an estimated 6.4m tons of useless fishing equipment is discarded or lost at sea, and over 100,000 marine mammals die from the harmful effects of plastic, fishing nets, and trash in the oceans. In an effort to combat the damage done to Greek environments Norwegian company Nofir A.S.

By Manina Danou

By Dimitra Manifava

Dias Aquaculture decided on Thursday to file for bankruptcy and protection from its creditors following Wednesday’s rejection of its application to enter into the conciliation procedure under Chapter 99 of the Bankruptcy Law.