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Pescanova
Acuinova reportedly declared bankrupt, as plant will continue operating

By Jan. 30, 2014 5:14 PM

Salmon farmer of Pescanova’s former subsidiary Pesca Chile was declared bankrupt on Jan. 28, according to a Chilean regional newspaper, although its plant will be in activity to guarantee the company's sale at better value

Latin America
Fishing landings in 2013 down 21% in Chile

Jan. 30, 2014 5:03 PM

The fishing crisis reduced landing figures to about 2.9 million of metric tons, representing a decrease of 21% year on year and 31.7% less than the 2008-2012 period's average

Atlantic salmon
ISA outbreak confirmed at Invermar salmon farm

Jan. 27, 2014 6:37 PM

The company expects losses of about $2.5 million, as Sernapesca has activated an enhanced surveillance protocol in other farms from the Chilean region of Chiloe

Latin America
Chile salmon production expected to grow slightly in 2014; sharp drop projected for trout, coho

By Jan. 24, 2014 5:47 PM

Chilean salmonid production is projected to grow 6.4% in 2014, according to Subpesca, while analysts expect a flat increase for Atlantic salmon and a steep fall for farmed trout and coho

Prices
Coho prices to Japan go up for two consecutive weeks

Jan. 23, 2014 5:41 PM

Chilean coho prices to Japan increased to JPY 750/kilo, while Chilean Atlantic salmon fillets exported to the US also went up to $4.99/lb

Analysis
Chile sources mixed on whether salmon farmers are back in the black

By Jan. 23, 2014 5:19 PM

Both Pacific Seafoods' Gustavo Ross and Rabobank's Valeria Mutis agree Chilean farmers have reached much better sanitary conditions during the second half of the year than the first

Companies
Canada approval of Aquabounty egg production challenged in court

Jan. 21, 2014 8:26 AM

Three environmental groups have filed a lawsuit challenging Canada's decision to approve GM salmon eggs production

Companies
SalmonChile’s general manager resigns

Jan. 17, 2014 10:00 AM

Association hinted in a press release at a change of role and a different profile needed as reasons why general manager Cristian Moreno would have made such decision after just one year of having accepted the appointment

Prices
Chile coho, trout prices to Japan increase

Jan. 16, 2014 5:35 PM

Coho prices went up considerably to JPY 715/kilo, and trout to JPY 910/kilo, in week 2 this year

M&A
Analyst: Good times for Norwegian salmon farmer dividends ahead

By Jan. 16, 2014 5:25 PM

Organic growth will be limited next year, so there would be a higher capacity for enterprises to distribute profits

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