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North Gyeongsang Unveils Bold Plan to Transform Coastal Economy with Salmon Farming, Year-Round Tourism

North Gyeongsang Unveils Bold Plan to Transform Coastal Economy with Salmon Farming, Year-Round Tourism

ANDONG, Nov. 15 (Korea Bizwire) – North Gyeongsang Province announced on November 14 a comprehensive “Maritime and Fisheries Transformation” plan aimed at revitalizing its East Sea coastal fishing industry and leisure tourism sector.  The ambitious initiative includes a significant shift in aquaculture strategy, with plans to invest 140 billion won through 2030 to transition from traditional [...]

Domestic Companies Embrace Land-based Salmon Farming Amidst Contaminated Water Concerns

Domestic Companies Embrace Land-based Salmon Farming Amidst Contaminated Water Concerns

SEOUL, July 3 (Korea Bizwire) — With growing national concern over the discharge of contaminated water from the crippled Fukushima Daiichi nuclear power plant in Japan, domestic companies have shown renewed interest in land-based salmon farming. Global demand for salmon is increasing, but catches have declined due to global warming and the recent “contaminated water [...]

Atlantic Salmon Designated as Risk to Ecosystem

Atlantic Salmon Designated as Risk to Ecosystem

SEOUL, Jan. 11 (Korea Bizwire) — The Ministry of Environment announced Sunday that it will designate Salmo salar, commonly known as Atlantic salmon, as a potential threat to the ecosystem. In South Korea, the environment minister designates species potentially harmful to the environment to place them under special management. The National Institute of Ecology claimed that [...]

Food Companies Scramble to Develop Seafood-based Home Meal Replacements

Food Companies Scramble to Develop Seafood-based Home Meal Replacements

SEOUL, Feb. 25 (Korea Bizwire) — Food companies are coming up with variety of recipes, including salmon and tuna, for home meal replacement (HMR) products. In 2017, South Koreans consumed 58.4 kilograms of fishery products per person, surpassing Japan to become the largest consumers in the world. According to the Norwegian Seafood Council, the favorite [...]

Salmon Return to Korean Shores to Spawn, Year’s First Catch Reported in Daejin Port

Salmon Return to Korean Shores to Spawn, Year’s First Catch Reported in Daejin Port

GOSEONG, Sept. 28 (Korea Bizwire) — The Korea Fisheries Resources Agency announced yesterday that the year’s first capture of salmon returning to spawn took place at Daejin Port, Goseong-gun in Gangwon Province on September 12, a week later than in recent years. The captured salmon measured 69 centimeters in length, and weighed 3.4 kilograms, on [...]

Korea Becomes First in Asia to Succeed at Salmon Aquaculture

Korea Becomes First in Asia to Succeed at Salmon Aquaculture

SEOUL, Nov. 7 (Korea Bizwire) – South Korea has become the first Asian country to successfully farm salmon, the world’s most consumed fish.  According to the Ministry of Oceans and Fisheries, some 500 tons of salmon from a Goseong County (Gangwon Province) fish farm will start to ship out on Tuesday for the first time.  [...]