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Legal
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

Jack mackerel
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

Trade
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

Oceania
Turkish shipyard to build new vessel for NZ’s Aurora Fisheries

Nov. 23, 2023 10:31 AM

Tersan shipyard has won a contract to build a new vessel to be operated in New Zealand waters by Aurora Fisheries, part of the Solander Group

Jack mackerel
Drop in salmon, fishmeal sales push Chile’s seafood exports down in October

By Nov. 16, 2023 2:12 PM

Chilean seafood exports total $766 million, marking a decline of 3.4% year-on-year mainly due to a drop in the sales value of salmon and trout and fishmeal

Latin America
Chile’s Orizon acquires crab, toothfish exporter with $20m investment

Nov. 6, 2023 3:16 PM

Orizon Seafood, a fishing firm that belongs to the Angelini Group, has acquired ownership of Fiordosur, a producer and exporter of crab and toothfish in the country

Latin America
Peru sees notable surge in August seafood landings thanks to exploratory anchovy fishing

By Nov. 3, 2023 3:43 PM

In August 2023, Peru's fishing sector experienced a remarkable boost in landings, reaching a total of 276,200 metric tons

Squid
Peru’s Exalmar sees sales, EBITDA slump amid anchovy fishing bans, eyes recovery in 2024

By Oct. 30, 2023 2:21 PM

The fishing company Pesquera Exalmar has reported a sharp decline in its total sales, with figures plummeting nearly 86% y-o-y in Q3

Supply
EU proposes 2024 Atlantic, Kattegat, Skagerrak catch limits

Oct. 26, 2023 10:37 AM

The European Commission has announced a proposal for catch limits for fish stocks in EU waters of the Atlantic Ocean, Kattegat, and Skagerrak for 2024

Trade
Chilean salmon, trout sales slump main driver behind September seafood export decline

By Oct. 20, 2023 3:03 PM

Chilean seafood exports reached a total of $660 million in September, down 15.2% year-on-year mainly due to a combined 16% drop in salmon and trout sales value

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