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Latest News

‘Irresponsible people must not ruin everything’ defends Algarve council head, warning of 2nd lockdown

‘Irresponsible people must not ruin everything’ defends Algarve council head, warning of 2nd lockdown

During the press conference of the District Civil Protection Commission, which took place this morning in Loulé,...

Algarve beach season begins tomorrow with ‘safety and quality’- what changes?

Algarve beach season begins tomorrow with ‘safety and quality’- what changes?

Going to the beach is regarded as a moment of relaxation, but as of this Saturday, when...

Brit tabloid under fire from Portuguese press for ‘distorting epidemiological reality’

Brit tabloid under fire from Portuguese press for ‘distorting epidemiological reality’

With summer at the door, vacations are among the topics that most arouse interest for those who...

‘Airports ready to resume traffic from the 15th of June’, guarantees Costa

‘Airports ready to resume traffic from the 15th of June’, guarantees Costa

Portuguese airports will be ready to resume air traffic, with some degree of normality, starting on June...

Spanish government announces reopening of border with Portugal (without telling Lisbon)

Spanish government announces reopening of border with Portugal (without telling Lisbon)

Spain was forced into a U-turn yesterday after announcing that its borders with Portugal and France were...

Madeleine McCann: German prisoner identified as new suspect in disappearance

Madeleine McCann: German prisoner identified as new suspect in disappearance

A 43-year-old German prisoner who travelled around Portugal in a camper van is now the focus of...

Algarve tourism experts predict 30% occupancy over this summer

Algarve tourism experts predict 30% occupancy over this summer

"Any dialogue you have with travel agents and hoteliers in the Algarve, if we think about June,...

Loulé Council shoots down Vilamoura lake city mega-project

Loulé Council shoots down Vilamoura lake city mega-project

The Environmental Impact Study of the lake city mega-project in Vilamoura has received an "unfavorable opinion" by...

Latest Features

5 mistakes that are killing your Google Ads performance

5 mistakes that are killing your Google Ads performance

Google Ads is not the easiest platform to use, especially if you are a beginner. There are plenty of settings and options. And though...

Algarve voted best holiday destination this summer by travel experts

Algarve voted best holiday destination this summer by travel experts

A panel of travel experts at Clickstay.com has voted the Algarve as the best destination for British tourists this summer. 52% of the...

Is time running out for tax-free pension transfers?

Is time running out for tax-free pension transfers?

Understandably during this global health emergency, normal life has been paused while priorities have shifted. With all that’s been going on, it is easy...

Art and Photography news from the Algarve - June 2020

Art and Photography news from the Algarve - June 2020

Welcome to our June 2020 Newsletter. Another month has passed and things seem a little brighter here on the Algarve now. CLICK...

Gale's Virtual Westminster View – May 2020

Gale's Virtual Westminster View – May 2020

May. Too many Cummings but no Goings. Thousands wait for package holiday refunds as the travel industry goes into meltdown. The Home Office does...

Studio Bongard are relocating after 22 years!

Studio Bongard are relocating after 22 years!

It is with a little sadness that at the end of June this year Tara and Sylvain Bongard will leave their studio space of...

AlgarvePLUS Magazine - June 2020

AlgarvePLUS Magazine - June 2020

Welcome to the June issue of AlgarvePLUS magazine. The hazy summer days are here, with just a bit more freedom than in previous months....

How an ESA Provides the Comfort and Companionship You Need

How an ESA Provides the Comfort and Companionship You Need

A stressful lifestyle or an innate condition can lead to feelings of anxiety, depression, mental fatigue, and even suicidal thoughts. Naturally, this can significantly...

Euro surges on EU’s Next Generation plan optimism

Euro surges on EU’s Next Generation plan optimism

Staying on top of the latest currency news can help you time your transfers more effectively, so find out what you should be looking...

Algarve Archaeological Association on hold for the Summer

Algarve Archaeological Association on hold for the Summer

The AAA lecture which was due to be held on Tuesday 2nd June has been cancelled due to the current situation with the Coronavirus....

Investment continues in Algarve shellfish despite threat from offshore oil

Perfect scene to be close to oil rigsMussel and oyster farms dominate current investment in aquaculture in the Algarve despite an increasing threat from oil companies.

Aquaculture is growing in the Algarve and in the last three months 83 ‘ProMar’ projects have been started with a total investment of €29 million for the production of mussels and oysters, and specialist equipment.

"Aquaculture is firing on all four with a huge demand for this type of investment, mainly to produce mussels and oysters" which then will be exported, according to Fernando Severino, director of the Regional Directorate of Agriculture and Fisheries of the Algarve.

In the current National Strategic Reference Framework (2007 to 2013) there have been around 500 projects approved under ProMar, totaling €56 million in investment.

"There is a sea of ​​opportunities in the economy," said Severino commenting that the sea is not just for fishing in.

There also appears to be a sea of grant money available which naturally will attract people to this sector. Whether there is sufficient demand for their produce at a sustainable price remains for the market to dictate.

"The sea is tourism, the sea is exploitation of other natural resources on the part of bioengineers who will seek materials that do not exist anywhere else, either for medical use or for construction." (He did not explain the 'construction' comment.)


Nationally, the sea is now worth "eight billion" in terms of what it produces, and of these eight billion only half comes from fishing, according to Fernando Severino, who stated that the current attractiveness of the sea is not only for fishing, but also a wider maritime industry, tourism, diving and birdwatching.

The Minister of Agriculture and Sea Assunçao Crestas reinforced her commitment to aquaculture, revealing that the Government will increase the ‘area of exploration.’

According to the minister there are several marked areas for aquaculture farms in the Algarve and 13 projects receiving funding, representing an investment €18 million.

The subject of oil exploration never seems to be mentioned by those who may be affected the most. The Gulbenkian Foundation’s oil company subsidiary, Partex, happy with its exploration surveying, and granted with an exploration drilling licence  for gas and oil (Hydrocarbons) off the Algarve’s coastline, which may well affect these new delicate shellfish farms that have attracted an exceptional amount of grant money. The process of drilling creates pollution from the mud’s and lubricants that are expelled into the sea, a degree of pollution will occur when drilling starts and the coastline will be at risk from oil spills should oil be drilled.

The Gulbenkian Foundation in the meantime in a damage limitation exercise has launched the 'Oceans Initiative’ ostensibly to evaluate the worth and wealth of Portugal’s offshore natural assets such as aquaculture and maritime tourism. This has placed the laudable foundation in a moral dilemma as it receives profits from the very oil company, Partex, that is close to erecting oil rigs and pumping hydrocarbons off the Algarve’s pristine coastline.

The Gulbenkian Foundation's communications department head, Elisabete Caramelo, has felt unable to issue any comment, credible or incredible, as to the Gulbenkian Foundation's awkward position of being funded by an oil company yet launching its 'Oceans Initiative' which many suspect will be a whitewash as to the dangers and economic disbenefits of oil rigs off the Algarve's coastline. 

"The Calouste Gulbenkian Foundation will not provide any official comments for now, but soon there will be some information about this matter," was the last communication from Gulbenkian on October 3rd.

Editors and readers wait for an explanation.

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Property

Coronavirus Impact on the Algarve Housing Market

Coronavirus Impact on the Algarve Housing Market

Many people are wondering what has happened to the housing market in the Algarve during these extraordinary times effecting the...

Surge in user traffic from European countries suggests interest for holiday making, according to Imovirtual

Surge in user traffic from European countries suggests interest for holiday making, according to Imovirtual

Portugal started to ease lockdown measures from Monday 4th May with a three phase plan to reopen the country’s economy....

Fine & Country Get Back To Business (not quite) As Usual

Fine & Country Get Back To Business (not quite) As Usual

Portugal has begun a partial relaxation of lockdown regulations from Monday May 4th, with many businesses allowed to return to...

Exclusive Algarve Villas - April 2020 Newsletter

Exclusive Algarve Villas - April 2020 Newsletter

Welcome to our April newsletter! With businesses in lock down (locally we’re now at 2 months), we can see some...

What's Happening?

West Coast Car Boot Sale Set to Return In July

West Coast Car Boot Sale Set to Return In July

The West Coast Car Boot Sale, normally held on the first Sunday of each month, will not be taking place in June. Hopefully it will be able to start again...

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