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Processing
Oceana reports ‘doubling’ US fish oil sales, but canned, wild-catch volumes disappoint

March 18, 2024 10:46 AM

The South African fishing and processing firm reported a 13% increase in revenue from the last five months, driven by high prices for fishmeal and fish oil

Japan
Chilean seafood exports surge to $825m, fueled by salmon, trout sales

By March 12, 2024 3:03 PM

In a promising start to the new year, Chilean fish and seafood exports reached a total $825m in January, up 12.6% y-o-y

Latin America
Peru fish landings see over 75% dip amid El Nino influence

By March 7, 2024 5:31 PM

Peru saw its wild-caught seafood landings fall year-on-year to 287,400t worth PEN 337.3m in December 2023

M&A
Camanchaca on verge of ‘biggest acquisition for 25 years’

By March 7, 2024 2:22 PM

It is close to completing a deal for the 30% of pelagics fishing firm Camanchaca Pesca Sur it doesn't already own, in a deal that values the company at up to $300m

Companies
Mixed results for Austevoll’s pelagic business, but outlook brighter

By Feb. 28, 2024 10:56 AM

Austevoll Seafood's pelagic fishing operations faced a mixed fourth quarter, but the firm expressed optimism for improved conditions in 2024

Latin America
Anchovy catches propel Peru landings, lead bounce back from 2022

By Feb. 12, 2024 2:27 PM

Peru's fisheries sector saw its seafood landings rise year-on-year to 858,400 metric tons worth PEN 534.5m in November, up 84.8% by volume and 69.8% by value

Trade
Camanchaca anchors presence in Europe with Vigo office inauguration

By Jan. 25, 2024 10:47 AM

This strategic location in Spain's coastal city of Vigo allows Camanchaca Europe to be closer to its customers and partners in the region, strengthening commercial ties and its commitment to service, said the firm

Whitefish
Sea Harvest announces plan to buyout Terrasan’s seafood ops in $50m deal

Jan. 23, 2024 3:58 PM

The South African hake harvesting group will acquire 100% of Terrasan's pelagic operation West Point Fishing, and 63% of its abalone division, Aqunion

Legal
Irish fishers welcome raised pelagic quotas but Brexit scars remain

Dec. 13, 2023 10:20 AM

KFO CEO Sean O'Donoghue gave a 'guarded welcome' to Ireland's increased mackerel TAC for 2024, though NGO Client Earth has warned that many Atlantic stocks continue to be overfished

Africa
Oceana sees profits soar thanks to high fishmeal, oil prices, Lucky Star sales growth

By Dec. 4, 2023 9:57 AM

The South African fishing and processing firm saw a strong financial performance for the second half of its financial year -- which ended on Sept. 30, 2023 -- with earnings surging

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