Namibia’s Tunacor breaks ground on new horse mackerel plant
The new 4,000-square-meter facility in Walvis Bay, Namibia, will be fitted with solar panels and employ 250 workers
Camanchaca eyes EU mussel, salmon sales with new Spanish office
The office is part of plans to grow horse mackerel and frozen salmon sales in Europe from a 'low base' in addition to servicing Camanchaca's mussel markets
Skretting bets big on tilapia, predicts Nigeria as next hotspot
Nutreco fish feed arm Skretting has been an early backer of tilapia projects, and has had a part in the remarkable emergence of a tilapia industry in Egypt
Fishing subsidies disadvantage African countries, says Namibia’s fisheries minister
Namibia's fisheries minister has called on the World Trade Organization to ban fishing subsidies as they put African countries at a disadvantage
Lower fishing, salmon sales hit Blumar’s earnings
In an earnings release, the company said that its Q1 sales fell to $109.9 million and its pre-fair value adjustment earnings before interest, taxes, depreciation and amortization fell to $18.4m
Austevoll sees Q1 drop in earnings, salmon sales despite Peruvian success
Diversified group Austevoll Seafood reported a 20% decline in annual earnings for Q1 2019, which it has attributed to reduced salmon sales volumes
Blumar’s Sarquis family strongest contender to get control of Chile salmon farmer
Rodrigo Sarquis, one of the biggest shareholders in Blumar, is in pole position to take majority control of the Chilean company
Peru’s Exalmar sees sales rise amid higher inventories
The company announced its sales increased some 147% over first quarter 2018's $36.9m
Chile’s Blumar up for grabs as one shareholder group wants out
The families who control Blumar will divest their majority stake in the company, after one group elected not to renew a shareholder agreement with another
Blumar sees earnings nearly double in expansive 2018
The Chilean salmon farmer saw adjusted earnings of $128.5m for 2018, buoyed by a sharp increase in output