Blumar sees revenue, earnings drop in tough Q3
Chilean salmon farmer Blumar faced a challenging third quarter in 2024, with its financial performance significantly impacted by a combination of environmental issues and weaker market conditions
Pelagia to open new mackerel filleting factory in 2025 as part of value drive
Norwegian pelagics giant Pelagia is set to open a new filleting factory in Egersund for single-frozen mackerel next year, according to CEO Egil Haugstad.
Cooke closes bumper deal for Peruvian fishmeal giant
Canadian seafood giant Cooke announced the completion of its acquisition of Copeinca of Peru on Tuesday, Nov. 26
Arctic Securities show recap: Land-based salmon at inflection point as sector grapples lice issues
Undercurrent News reported live from the Arctic Securities seafood investor show on Nov. 21 at the Hotel Continental in Oslo, Norway
Peruvian fishmeal market ‘very active’ as season unfolds
Peru's fishmeal market has seen robust trading activity in the opening weeks of its second fishing season with Chinese buyers leading demand
Austral Group Q3 sales recover on improved Peruvian anchovy fishing
Norwegian fishing group Austevoll Seafood reported a sharp rise in third-quarter earnings, driven by a strong recovery in Peruvian fishmeal operations and record catches at its Chilean subsidiary
UK aquaculture research center gets funding boost
UK aquaculture research firm Pontus Research has received a pivotal financial boost, securing an £80,000 loan just when the future was looking bleak
India, Oman target fishmeal export growth after record 2023
India's fishmeal production hit a record in 2023, while Oman's output continues to surge, industry executives told Undercurrent News at the recent IFFO conference
Four-digit surge in Peru fishmeal sales highlights recovery from last year’s anchovy shortage
Peru's fishmeal exports experienced an extraordinary rebound in August, marking a significant recovery from the anchovy shortages that plagued the industry last year
Aker Biomarine sees revenue decline offset by EBITDA rise, feed ingredients segment sale
Aker Biomarine has announced its financial results for Q3 2024, showcasing a robust performance amid a significant strategic divestment