Peru authorities reportedly fined Pacific Andes' vessel after SPRFMO warned Damanzaihao, with Peruvian flag, could be involved in unauthorized transfers of jack mackerel

By Alicia Villegas

Peru’s third largest anchovy catcher and fishmeal producer reported a 855% net profit jump to $14m, on the back of a 31% increase in sales value

By Eva Tallaksen

Shares hit their lowest level ever as Pacific Andes fishing arm decides to go ahead with yet another rights issue, in order to redeem Copeinca bonds

By Eva Tallaksen

SPRFMO members set total allowable catch at 460,000t, up 20,000t from previous year, and still a considerable level above the catches reported last year

By Eva Tallaksen

Flagship factory-trawler Damanzaihao, formerly known as Lafayette, along with the catcher previously known as Pacific Conqueror, declared as IUU vessels by SPRFMO committee

The measure will allow greater supply of marine resources for canners and frozen processors, the country's Ministry of Production says

Sardine fishing had the highest increase in landings, up 139.4% to 511,100t year-on-year

Peru has set the 2015 total allowable catch (TAC) for its two major pelagic resources besides anchovy to 140,000 metric tons

Volker Kuntzsch says 2014 results are result of commodity focus, with plan to focus more on being consumer focused

New Zealand fishing firm's revenue fell, but gross profits increased to NZD 110m ($85m) in its financial year ended Sept. 30