Chile faces near 450,000t cut in anchovy, sardine, hoki and hake 2014 TACs
Fishing players brace for tough times in the short term as Chile proposes steep drops in total allowable catches for its main pelagic and demersal species, with jack mackerel only stock to see an increase
Report: Pescanova still battling to fend off Pesca Chile sale
Pesca Chile creditors are unconvinced by Pescanova's efforts to prevent sale of Chilean assets, but the Spanish company could turn the process into a protracted legal quagmire if Herman Chadwick decides to press on with a sale
Fishmeal prices soften on Peru catches
Prices are down by around $50/metric ton for super-prime meal, as Peruvian vessels have caught around two-thirds of this season’s anchovy quota, say industry players
Pacific Andes annual profit down 21% on lower sales volumes, prices
Processing arm hit by higher costs in China, and increasingly demanding retailers in Europe and US, says Pacific Andes
Pelagic players on shopping spree to tap into Greenland mackerel
Brim Seafood buys into Greenlandic firm Arctic Prime and moves a vessel there, while new owners of HB Grandi vessel also aims to fish for mackerel
Surges of up to 114% in 2014 fishing quotas for Spain
Spain's representatives left Brussels Tuesday with higher quotas than expected for most of its claims, the industry set for better performance next year
Russia unhappy with Faroes’ use of temporary pelagic coldstorages
Russia tells Faroese exporters they should use electronic systems for full traceability, as fish exporters Vardin and Naeraberg are shut off the border
Ecuador’s GSP+ renewal good news for shrimp, tuna sectors
The EU has renewed Ecuador's GSP+ status, which would benefit country's shrimp and tuna exports to the EU
Blumar to reduce fishing, plant activity in light of expected 2014 quota cuts
Blumar CEO Gerardo Balbotin expects aquaculture division to get out of red by next year
Pelagic, whitefish players hope for January resolution as Nigeria border remains shut
Exporters hope borders will re-open in January in time for the new pelagic season, and as Nigeria runs out of fish, as local sales prices are reportedly soaring