Daily recap: Mitsubishi to invest in Finnish trout RAS farm; Mowi chairman steps down

Here's?a recap of the top daily seafood stories from Thursday, Oct. 24:

• Mitsubishi to invest in Finnish trout RAS farm Finnforel

Japan's Mitsubishi Corporation has agreed to invest in Finnish land-based aquaculture firm Finnforel to expand its land-based trout farming model on a global scale, the latter announced.

• Mowi chairman Ole-Eirik Leroy to step down after 15 years

Mowi's chairman Ole-Eirik Leroy is stepping down from the company's board after 15 years at the world's largest producer of farmed salmon, it announced.

• Peru's ample anchovy quota sends shockwaves through Chinese market

The announcement of Peru's new anchovy fishing quota spike has caused a big shock in the Chinese fishmeal market, which is already experiencing losses.

• US Pacific seafood processors oppose Alaska ballot initiative to guarantee paid sick leave

Pacific Coast seafood processors are opposing an Alaska ballot measure they warn would drive up labor costs by requiring businesses in the US state provide paid sick leave to their employees.

• Spanish tuna seiner sold to South Korean firm Dongwon

The tuna purse seiner Playa de Bakio, a 75-meter-long and 13-meter-wide vessel with a 1,890 cubic meter capacity, has been sold to South Korean company Dongwon Industries.

• Canadian lawmakers hear arguments for frozen at-sea cod, joint management

With the reopening of a commercial fishery for Atlantic cod in 2J3KL, Icewater Seafoods, the only processing plant in North America focused solely on Atlantic cod, will not have to source frozen-at-sea fish from Norway.

• Japan's Hokkaido chum season winds down with 30% drop in catches, soaring prices

Japan's autumn chum salmon fishing season is winding down with a 20-30% year-on-year decline in catches in Hokkaido, the country's northernmost island, leading to a significant spike in landing prices.

• Alaska's Prince William Sound hatcheries provide dismal pink salmon returns

It's been a disappointing year for the Prince William Sound salmon fisheryin the US state of Alaska, with the total harvest valued at $53 million -- 46% less than the 10-year average -- according to figures released Wednesday by the Alaska Department of Fish and Game.