Tuesday, October 22, 2013

22/10/13: Mitsui movements, ocean governance, and post-tsunami oyster reconstruction

East Japan will pass a milestone in its reconstruction following the March 2011 tsunami, if its oyster farms post their expected catch numbers. Production volume in the affected Miyagi prefecture, which pre-disaster was second only to Hiroshima, should return from 15 percent to 40 percent of 2010 levels.
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Japanese conglomerate and Novus owner Mitsui will buy a 30.8 percent stake in top Vietnamese shrimp exporter Minh Phu Seafood, reports Reuters. It’s expected the move will give Minh Phu a significant boost in its ability to reach foreign markets.
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A survey from the Global Ocean Commission has revealed that three-quarters of the world’s population would welcome a single organization tasked with protecting international waters and their sea life. The full results of the survey, which is part of continuing work by the Commission to produce recommendations for ocean governance, were released as part of the Third International Marine Protected Areas Congress, held in France all this week.

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Shrimp farms
Shrimp farms (Photo credit: -JvL-)


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