North Pacific commission agrees to cut high seas saury quota to 135,000t
Japan, China, Taiwan and six other economies agreed on a new rule that reduces the 2024 TAC for saury in the high seas in the northern Pacific Ocean to 135,000t from 150,000t
$400m-turnover Chilean group targets EU, US commercial expansion
Chilean giant Orizon Seafood has significant expansion plans following the recent consolidation crab and toothfish supplier Fiordosur
Blumar sees revenue, profit dip in Q4 amidst aquaculture struggles
The company experienced a decrease in revenue, also facing challenges with decreased profitability, notably in its aquaculture division
Chilean seafood exports ride high on Brazil, China demand
Chile's seafood exports witnessed a modest 0.3% value uptick in February, totaling $729 million
Oceana reports ‘doubling’ US fish oil sales, but canned, wild-catch volumes disappoint
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
Chilean seafood exports surge to $825m, fueled by salmon, trout sales
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
Peru fish landings see over 75% dip amid El Nino influence
Peru saw its wild-caught seafood landings fall year-on-year to 287,400t worth PEN 337.3m in December 2023
Camanchaca on verge of ‘biggest acquisition for 25 years’
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
Mixed results for Austevoll’s pelagic business, but outlook brighter
Austevoll Seafood's pelagic fishing operations faced a mixed fourth quarter, but the firm expressed optimism for improved conditions in 2024
Anchovy catches propel Peru landings, lead bounce back from 2022
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