Creditors ink deal to rescue Vieira from bankruptcy
Debt write-off and repayment plan will put Spanish processor back on its feet, while court freezes expropriation process in Argentina
Marfrio takes control of Vieira Peru
Spanish company has taken over 60% of Vieira Peru, giving it access to Peruvian giant squid resource, and new markets, executives tell Undercurrent News
Deloitte sees aquaculture, Latin America shrimp farms as ‘key to Pescanova’
Shrimp farms and Namibia hake activities are core assets of Pescanova, says bankruptcy administrator, as it says Pescanova invested around €380m in shrimp farms since 2007
Chilean salmon exports up 49%, as wild fish landings slump
Atlantic salmon rose by nearly half in value from January to August, but wild fish landings, especially for pelagics, dived
Chile, Argentina ‘need to increase value of catches’
Chile's catches have fallen to half 2001 levels, a drop that companies need to address with product development, said Friosur director
Tough year for South African hake catchers
Industry does not expect to catch its full quota for this year, says Sea Harvest director, speaking at World Whitefish Congress
Argentina touts European buyer for struggling Alpesca; sources say no deal done
Regional government announces European king crab company is set to take over Alpesca, but Undercurrent sources say a deal is far from done
Chile hake fishery ‘in crisis’, as catches plummet 67%
Country to address hake management as stock is deemed to be near collapse after years of poor management
I&J hopes to benefit from new $5m Marel line at wetfish plant
South African fishing group expects to cut costs thanks to plant upgrade, after installation costs, alongside lower catches, higher competition and fuel costs, affect its annual profit
EU, Mauritania agree on amended fishing terms ahead of key vote
Meeting agrees to revise catch levels for cephalopods and lower fees for European artisanal fishermen, as EU parliament is due to vote on controversial fisheries partnership in October