S&P downgrades Exalmar
Rating agency has downgraded Peruvian fishing company Exalmar from B+ to B, with a stable perspective
Chile’s jack mackerel quota in South Pacific set at 297,000t
Chile has been granted a total allowable catch of 297,000t, the same quota as 2015
Austral adds new vessel to Peruvian fleet after investing $30m
Austevoll operation in Peru is adding a new vessel for pelagic fishing to its fleet, in a renovation push
Camanchaca’s salmon ops in red ‘entirely due to lower prices’
The Chilean company posts loss of $13m in the first nine months of the year for its salmon unit, as fishing business reports profit of $2.1m
HSBC asks court to wind up Pacific Andes firm China Fishery
HSBC Holdings, a lender to China Fishery, has filed an application asking a court in Hong Kong to wind up the fishing company and appoint a liquidator
Blumar in red on lower fishing sales, salmon prices
Chilean catcher and aquaculture producer reported a loss of $8.21m in Q3 2015, due to falling salmon prices and lower revenues from its fishing unit
Iceland’s mackerel prices dive 30-35% in light of Russia ban
Iceland's fishing industry is suffering after the loss of its Russian market, which was the biggest for several of its products like mackerel and capelin
Korea secures 36,000t of fishing quota from Russia
South Korea will be allowed to pull 36,000 metric tons of seafood from Russian waters next year, with the possibility of an increase in its pollock allocation
Sources: Nigeria expected to announce further fish import quotas soon
Amid a lack of foreign exchange, industry players are awaiting an official disclosure of new fish import quotas, which are thought to range from 60,000 metric tons to 100,000t
Jack mackerel catches end well below TAC despite ‘good fishing’
Little to no catches from Peru, Faroes and Russia means total volumes fell once more well short of TAC, despite daily catches that 'doubled' from last year, says source