Namibian authorities investigate claims $10m fish quota hijacked by politicians
A senior manager at Investec Asset Management, as well as the state-owned Fishcor, are under scrutiny for allegedly reselling fish quotas to international companies
South Nordic fisher takes ownership of 69-meter pelagic trawler
The 2,000t capacity Bommelfjord trawler has been delivered to its new owners, Eidesvik Havfiske, in southern Norway
Pesquera Camanchaca earnings slump with pelagic, salmon units both down
Pesquera Camanchaca, the parent company of Salmones Camanchaca, says revenue fell at both its fishing and salmon farming divisions
High farming costs, lower catches hit Blumar’s sales, earnings in Q2
In its earnings release, Blumar said its half-year earnings were being dragged down by issues on both the fishing and salmon farming sides of its business
Stronger preseason fishmeal inventories boost earnings, sales at Peru’s Exalmar
The company said its year-to-date sales have increased some 20% over the first six months of 2018
China Fishery trustee aims to sell $1.5m vessel as non-core asset sales wind down
The Pacific Hunter, a 219-foot trawler, will be sold to China FM Corporation for $1.5m, court documents state
Namibian mackerel firms at loggerheads with Icelandic firm over vessel sale
An Icelandic firm in the Samherji group is currently being sued by their Namibian partners over plans to sell a $28.6m mackerel vessel
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