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Sustainability Oct. 13, 2023 7:18 PM
Greater squid, horse mackerel catches boost Peru’s frozen, canned seafood production

By María Feijóo

Peru's fish landings aimed at direct human consumption reached a total volume of 113,500 metric tons worth PEN 169.2 million in July, according to Produce

Whitefish Oct. 13, 2023 10:04 AM
Joint US Congress, White House panel schedule hearing to discuss report on use of forced labor in Chinese seafood

By Jason Huffman

'This hearing will continue the [Congressional-Executive Commission's] efforts to ensure that [Chinese] goods and products made with forced labor do not enter US markets'

IUU Oct. 12, 2023 10:43 AM
Outlaw Ocean reveals ‘crimes at sea’ aboard Chinese fishing vessels

The report states that from 2013 to 2021, ships, mostly Chinese, disembarked a dead body in Montevideo every six weeks or so

Hake Oct. 5, 2023 4:23 PM
Platinum Equity-backed Iberconsa to launch debt re-fi plan in coming weeks

By María Feijóo

Vigo, Spain-based Iberconsa, owned by US fund Platinum Equity since March 2019, is soon to launch a new refinancing plan for its considerable debt

Supply Sept. 28, 2023 10:14 AM
Russia’s NBAMR faces legal challenges, quota losses

By Sergei Blagov

Nakhodka Active Marine Fishery Base faces new legal troubles as the Russian fishery agency moves ahead with lawsuits to cancel the company's fishing quotas

M&A Sept. 26, 2023 5:51 PM
Antarctica confirms $400m Peru firm’s deal for US squid supplier 

By Tom Seaman

Antarctica Advisors, a corporate finance boutique, has confirmed a deal with Peru's Oceano Corp. for Sea Fresh U.S.A., which Undercurrent News first reported in July 

Squid Sept. 22, 2023 5:23 PM
Calamasur claims Chinese squid vessels back in Peruvian waters are flouting satellite tracking rules

By Matilde Mereghetti

According to Calamasur's president, over 70 Chinese vessels have restarted crossing Peruvian waters without obeying satellite tracking rules following political pressure

Sustainability Sept. 21, 2023 3:34 PM
NOAA: Sonar testing, wind farms cause only ‘temporary behavioral changes’ by whales

The National Oceanic and Atmospheric Administration said that while a Virginia offshore wind project is likely to have some adverse effects, it won't jeopardize the survival of any ESA-listed species

Feed Sept. 15, 2023 2:27 PM
Boom in frozen squid exports boosts Peru sales despite drop in fishmeal, oil

By María Feijóo

Peru exports of frozen squid sales rose by 185% in volume and 175% in value to 320,300t worth $589.7m in the first half of 2023

Prices Sept. 13, 2023 2:39 PM
Erratic catches, low shrimp sales drive Argentina’s export value down

By María Feijóo

Argentina's seafood export value fell by 3.6% y-o-y to slightly over $1bn in the first seven months of 2023; this drop took place mainly due to a dramatic decline in whole shrimp sales during the period

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