Record anchovy landings drive dramatic growth in Peru fishing
In May 2024, Peru's seafood landings amounted to 1.55 million metric tons worth PEN 784.7m, marking astonishing y-o-y increases of 1,076.1% and 329.2% respectively
Reduced fishmeal production drives sharp decline in Peru fishery exports
Peru seafood exports fell sharply in March, with the country exporting 105,200t worth $278.8m; that is down by 62.4% and 52.1% y-o-y respectively
Offshore aquaculture advocates hold Capitol Hill ‘fly-in’
Stronger America Through Seafood is participating in meetings with US lawmakers, scheduled for May 15-16
Fishmeal sales surge amidst Peru’s fisheries export slump
In February 2024, Peru's fisheries sector experienced a 14.1% drop in exports to 180,100t
Peru fishery sector began 2024 with sharp decline in anchovy landings
On the bright side, the country's minister of economy and finance has recently reported a recovery, due to better weather conditions and the start of the first anchovy fishing season in the southern zone
AquaFoods CEO announces exit of US wild catch ventures to prioritize aquaculture
The announcement effectively dispels rumors circulated via local media that the company was halting all fish exports, irrespective of source, CEO and co-founder Patrick Roulet Bornhausen told Undercurrent News
Walmart agrees to $45m settlement for overcharges on seafood, other categories
The lawsuit, filed in a Florida federal court, identified dozens of seafood items that the retail giant allegedly overcharged for
US lender sues Altamar for $16m over missing payments
City National Bank of Florida alleges that Altamar Foods, in Fort Lauderdale, Florida, stopped making loan payments in October 2023
Peruvian firms enter US market with Alaska salmon fillets
In a bid to diversify seafood production and tap into new markets, some Peruvian firms have ventured into re-processing wild salmon from Alaska for the US market
Anchovy catches propel Peru landings, lead bounce back from 2022
Peru's fisheries sector saw its seafood landings rise year-on-year to 858,400 metric tons worth PEN 534.5m in November, up 84.8% by volume and 69.8% by value