Gutierrez named chairman of Multiexport Foods
Company veteran and EVP, who joined group in 1985, is back as chairman after resignation of Martin Borda
Chile Atlantic salmon prices to US increase for two consecutive weeks
Atlantic salmon fillets to the US increased in price to $5.07 per pound in week 17
Grieg stops trout farming in Finnmark due to Russia closure; winds down Pacific salmon in BC
Company ends trout farming due to lack of export license to Russia and decides to drop Pacific salmon in favor of its Atlantic counterpart
Camanchaca’s US salmon sales rocket as Japan dives on trout drop
Camanchaca’s Atlantic salmon and trout sales to the US went up 77.3% to $126.4m in 2013, while sales in the Japan fell 36.7% to $26.8m due to lower trout harvests
Chile: 56% of Cermaq’s volumes, just 21% of profit
SRS remains a problem, but lower lice levels and reduced costs suggest situation is improving as Cermaq Chile turns around loss from a year ago into a modest profit
Cermaq lifts 2014 volume guidance as strong profit beats expectations
High prices, improvements in Chile and good earnings on Atlantic salmon spot prices in Norway made for bumper profit in first three months of 2014.
Good start to year as prices lift sales for Timchenko-backed Russian Sea
Russian seafood importer, distributor and budding salmon farmer saw revenues increase by more than a third on almost flat volumes
Sources: Marubeni closes in on salmon supplier
Acquisitive Japanese trading giant Marubeni is in the final stages of talks with a farmed and wild salmon supplier, sources told Undercurrent News
Cermaq buys two licenses in Chile for $2m as part of wider expansion plan
Licenses, which will probably be used for Atlantic salmon and maybe trout, are part of bid to triple production in region XII to 30,000t
Norwegian salmon exporter almost doubles profits in 2013
Norwell to double dividends to $1.67m as profit almost rose almost two-fold in 2013, while revenues breached $200m