Chen makes play to return to helm of Yihe
Yihe’s president Steve Chen makes play to depose receiver James Wong and take control of $40m-$50m inventory, in latest twist in legal battle involving Walmart salmon supplier
Cermaq forecasts new markets to take double coho exports by 2014
Demand from developing countries, particularly Brazil and Russia, will eat almost 25% of Cermaq's coho sales, the Norwegian aquaculture company says
Cermaq misses earnings consensus despite higher salmon prices in Norway, Canada, Chile
Strong prices in Norway and Canada and improved results in Chile for Cermaq, ex-Ewos, saw the now-only-farming company turnaround a Q3 2012 loss, still missing analysts’ consensus
Coho, trout set for big volume drops as Chilean farmers scrap production
Trout exports from Chile are expected to drop by 42% this year, while coho is forecast to drop 23%
Coho prices down, trout, Atlantic steady
Chilean coho prices to Japan went down for the third straight week after a 30-week climb that ended the week of Oct. 25
Joe Bundrant takes helm of Trident in ‘challenging times’ for sector
Chuck Bundrant names his son Joe CEO of Trident Seafoods, references tough climate in which Trident is ‘blessed to be diversified and financially stable during a time when much of our industry is struggling’
Chilean salmon concessions will be relocated to improve competitiveness
The industry is losing $1 per kilo produced, according to the Chilean undersecretary of Fisheries Pablo Galilea
Agrimarine stock price 32.6% below convertible value of recent $10m loan
The Calgary-listed enterprise saw a drop of the fixed value given to a $10-million convertible debentures issued in September to finance its expansion in fish farming
Six of Chile’s top salmon companies using just 1/3 of concessions
Six of the top salmon companies in Chile use just less than one third of the concessions they own, with 137 out of the 465 concessions owned among them in use
Chilean salmon prices to Japan, US drop
Coho prices to Japan went down again after almost 30 weeks of gains, according to prices collected by the Chilean salmon exchange