Reduced quotas hit Chile’s largest fishing group
The CFO of Empresas Corpec – which owns Chilean fishing fleet Corpesca – hopes for better prospects for pelagic catches in 2014, after a 27.2% drop so far this year
Scientists advise no increase in 2014 South Pacific jack mackerel catches
Keeping catches at 2013 limit of 440,000 metric tons for next ten years should give 'high probability' of increase in spawning biomass, says scientific committee
Vanuatu ratifies SPRFMO; Peru still out
Twelve countries have now ratified convention, but Peru, which accounted for nearly third of catches in 2012, is still out in the cold
Study warns Peru missing out on lucrative food-fish revenue
Despite accounting for just a fraction of Peru's anchovy catches, the artisanal fleet generates $2.4bn in revenues -- more than twice the amount of the huge industry fishmeal fleet
Copeinca Q3 picks up on better volumes, prices
But profit for January to September still down as a result of poor anchovy volumes at start of year
Austevoll boosted by Leroy as canned pelagic sales dive in Q3
Strong profits from salmon producer Leroy and better results in fishmeal and oil lifted Austevoll's results in the third quarter of the year, offsetting a huge drop in canned sales from Chile and Peru
Fishmeal exporters expect stable prices as Peru fishing takes off
Despite strong pre-sales to China and dismal catches in Chile, exporters do not foresee an increase in prices, while some buyers are holding on in hope of prices dropping further
Fishmeal producers scour for new raw material sources to meet demand
By-products from fisheries and aquaculture are touted as solutions as challenge of meeting a growing demand dominates IFFO conference in Hong Kong
Only handful of vessels turn out to South Pacific jack mackerel fishing grounds
Smaller quota meant just a handful of international vessels turned over this year, while one fishing source says catches are more promising
Austral expanding jack mackerel plant in uncertain times
Peruvian marine products supplier sees jack mackerel harvest drop 75%, yet as catchers get another chance, executive expresses concern there won't be much product next year either