Chile’s stock-listed salmon farmers lose $41m in Q1
Sea lice problems, higher feed costs and smaller fish make for a tougher start to the year than last year, despite salmon price improvements
Camanchaca in the red, despite higher sales
Low fishmeal volumes and unfavorable salmon prices mean Chilean producer lost $12m in the first three months of the year, despite revenues climbing 26%
Marine Harvest to take €27m hit on Europe plant closures
All low-end smoked and fresh value-added processing in France will be stopped as part of restructuring
Marine Harvest to close France plants
More than 300 jobs are at risk as management confirms planned closure of two French salmon plants
Coho, trout prices drag AquaChile Q1 into red
Chile’s largest aquaculture company reported a loss of $5.3m, as low prices for coho and trout continued to hit its bottom line
Camanchaca signs deal to restructure debt
Chilean fishing and salmon farming company reaches $234m debt deal with its lenders
Pacific Seafood ‘looking for resource’
Pacific Seafood’s addition of a new 2,500 square foot facility at its headquarters in Clackamas, Oregon, may be just the beginning of new additions to the company in the coming year
GM salmon may pass on modified genes, if crossbred
Canadian researchers have found that transgenic Atlantic salmon can have the potential to pass on genes if mated with closely related species
Cermaq opens talks with others as Marine Harvest readies higher bid
Cermaq is in talks with Marine Harvest as the well as with other parties, as Marine Harvest is expected to make a higher offer next week
Dawnfresh wins Sainsbury’s hot smoked salmon, trout business
Dawnfresh has won business for new hot smoked products in Sainsbury’s, using salmon from Marine Harvest and its own trout