Chile close to electronic certification deal to Russian salmon market
Chile is in the final stages of negotiating a deal to have its salmon exports electronically certified by Russia for its lucrative market
Canadian Atlantic salmon prices dip below Chilean
Prices of farmed Chilean salmon, typically the least expensive Atlantic salmon on the market, have dipped below Canadian salmon prices
Chile salmon rule changes will stabilize global markets, analysts say
Rules limiting huge swings in output of Atlantic farmed salmon from Chile will come as a benefit to the world´s major salmon producers, Nordea market expert says
Aquaculture feed industry needs ‘profitable’ Chile salmon sector, Biomar says
Biomar and the aquaculture feed industry in general need Chile’s salmon industry to recover from the sustained period of losses for the good of all of the supply chain
Chile’s Invermar to propose $85m capital increase to shareholders
Chilean salmon producer Invermar, which was taken over by the Izquierdo family last year, seeks a $85 million capital increase to lower debt costs
Chile begins to reopen fishing areas as red tide toxins disappear
Chilean authorities are gradually reopening fishing areas around the island of Chiloe as the toxins associated with red tide have mostly disappeared
Marine Harvest implores Chile to rethink salmon industry rules
Marine Harvest says the government must reconsider regulations, as it slashes its 2016 output forecast by almost a half
Camanchaca will cut 427 workers on algal bloom losses
Chile’s Camanchaca will lay off 427 workers after it sustained heavy losses because of the outbreak of algal bloom earlier this year
Chile investment agency won’t support salmon farmers in refinancing talks
Chile’s investment promotion agency, known as Corfo, is unwilling to negotiate on behalf of the salmon companies for a second time as they renegotiate their bank debt
AquaChile: Algal bloom could cost industry $200m plus
Chile’s salmon producers will be left with a bill totaling more than $200 million after adding all of the costs of the algal bloom outbreak in March, AquaChile CEO Victor Puchi said