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Companies Dec. 16, 2013 8:52 AM
Russia: Higher Chile fish exports would offset bans on other countries

Authorities say approving more fish exporters from Chile would offset impact of restrictions imposed on exporters from other countries, as Spain and Indonesia are banned from Russia, while Norwegian exporters experience continuing troubles

Companies Dec. 13, 2013 9:39 AM
Canadian coho, chum hatchery destroyed in fire

A longtime salmon hatchery in Port Moody has been destroyed and this year's stocks a complete loss after a fire ravaged the facility

Prices Dec. 12, 2013 9:38 AM
Chilean salmon prices to Japan nudge up; US, Brazil drop

Japanese coho prices rose to JPY 630 per kilo, while fillet prices to US went down to $4.79/lb and fresh whole to Brazil averaged $6.61/kg

Chile salmon M&A Dec. 6, 2013 6:15 PM
Analysts sceptical over rumors of Salmar considering stake in Invermar

By Victor Jimenez

Norwegian financial analysts tell Undercurrent News that rumours of Salmar eyeing Chilean mergers and acquisitions has had no echo in their country

Salmonid Dec. 5, 2013 4:44 PM
Aquabench: Chilean salmon industry must aim for optimum 0.5% mortality rate

By Victor Jimenez

According to Aquabench surveys, salmonid production in Chile will surpass 700,000 metric tons this year and could reach 770,000t in 2014, sending a clear signal of recovery from 2009

Prices Dec. 5, 2013 4:19 PM
Chile salmon prices to US drop for first time in five weeks

Coho prices increased to JPY 630/kilo, and Chile’s Atlantic salmon prices to Brazil went up slightly to $6.61/kilo

Chile salmon M&A Dec. 4, 2013 6:40 PM
Chilean salmon industry must rethink farm locations, says Cermaq CEO Jon Hindar

By Victor Jimenez

At the opening of Cermaq's capital markets week in Chile, Undercurrent News interviewed CEO Jon Hindar along with reporter Leo Cardenas from Chilean daily Pulso

Chile salmon M&A Dec. 4, 2013 4:33 PM
Invermar enters financial make-or-break December under bankruptcy tension

After a profitable Q3, the Chilean salmon producer sounded once again the alarm over a looming default on credit commitments if it is to maintain sustainable levels of production

Latin America Dec. 4, 2013 8:31 AM
In pictures: Cermaq Chile shows investment funds facilities in southern region

By Victor Jimenez

Cermaq Chile flew a group of fund managers and investment bank analysts accompanied by reporters from Norway and London to visit its farm, plant and hatchery in southern Chile

Chile salmon M&A Dec. 3, 2013 4:34 PM
Aquachile CEO ‘annoyed’ at lack of consolidation

By Victor Jimenez

Alfonso Marquez de la Plata told fund managers invited by Cermaq in Chile that expectations for 2013 had been excessively optimistic, and a new wave of consolidation will shake the industry sooner than later

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