Pickenpack administrator, others join in call for trustee at Pacific Andes
The administrator of Germany's Pickenpack is supporting a push to have a bankruptcy trustee named to manage the restructuring of Pacific Andes, which owes it $80.3m
El Nino prompts Peru to allow industrial anchovy fishing closer to shore
Peru’s government announced it will allow industrial fishing companies to come within five nautical miles to fish anchovy, from 10 miles previously
Creditors fear Pacific Andes’ non-US bankruptcies could ‘block’ transfer of Peru assets
Pacific Andes subsidiaries not subject to ongoing New York bankruptcy could be used to 'block' or 'carve out' assets from the group's lucrative Peruvian operations, creditors fear
Pacific Andes creditors: Ng family blocking sale of ‘non-core’ assets
Pacific Andes group had a plan to sell its controversial factory vessel Damanzaihao and other 'non-core' assets, but efforts have been blocked by the Ng family, creditors said
Peru’s poor anchovy catch tightens global fishmeal squeeze
A shorter first fishing season in the key center-north has left fishmeal inventories perilously low, driving up prices
Peru to announce changes to coastal limits for fishing fleet
Peru’s production ministry will devise a new formula that will make the 10-mile coastal limit more flexible for the industrial fishing fleet
Peru anchovy landings in center-north exceed 50% of quota
Peruvian anchovy landings in the main center-north fishing area were 917,247 metric tons, more than 50% of the quota set this year which has been limited by El Nino
Camanchaca to keep processing plant until 2019 despite rent tripling
Chile's Camanchaca renewed the lease on its key fish processing plant in the port of Iquique until 2019, although the rent shot up by 300%
Peru fishing group sees improvement in biomass from October
Peru’s fishing fleet will catch larger volumes in the second half of this year now that El Nino weather pattern has dissipated, the National Fishing Society said
Peru’s fishing sector can benefit from technology, FAO says
Peru’s fishing industry can benefit from breakthroughs in science and data that will allow companies to pinpoint locations of species such as giant squid, according to the FAO