Barrington father-son executive team leave PanaPesca USA
A veteran US seafood executive and his son have left importer PanaPesca USA
$400m Peruvian group snaps up US squid supplier
A Peruvian seafood group with an annual turnover of more than $400m has inked a deal for one of the major players in the US squid sector
Peru fish landings down 89% with anchovy catches for fishmeal, oil almost nonexistent
Peru saw an 89% y-o-y decrease in fish landings in May, mainly due to almost no catches of anchovy intended for fishmeal, which fell by 99.3%
Fishing industry raises alarm on unlicensed Chinese vessel’s entry into Peruvian waters
The vessel's entry into Peruvian waters takes place after a desperate crew member of a Chinese vessel off Uruguay sent a message in a bottle, claiming to be held captive
Peruvian group completes deal for bankrupt Spanish cephalopod plant
Oceano confirmed to Undercurrent News it had concluded a deal to buy Pesfasa, a bankrupt Spanish cephalopod processor, for €1.8 million
Peru sets updated 2023 jumbo squid quota at 500,000t
In late May, Peru authorities set it at 420,000t, down 16% y-o-y
Peru allows artisanal co-ops to register for mahi mahi, squid
The Peruvian government last week issued a decree to enable fish-harvester co-operatives to legally register for two significant artisanal fisheries
Profand’s earnings drop 19% after not passing on higher costs to consumers
Profand, a key supplier to Mercadona, Spain's largest retailer, saw its earnings drop 19% in 2022 due to higher costs which the company did not pass on
Peru fishery exports rise 11% in March on booming frozen squid, shrimp sales
Peru exported some 279,700t of fishery products worth $582.3m in March, up by 11.4% in volume and 8.4% in value compared to March 2022
Peru sets 2023 jumbo squid quota at 420,000t, down 16% y-o-y
The 2023 quota is down by 80,000t from the 500,000t authorized last year