Peru landings rise 50% in Q3 as anchovy catches for fishmeal, oil more than double
Peru saw its wild-caught seafood landings increase year-on-year to 727,000t worth PEN 617.4m in the third quarter of 2022, up by 50% in both volume and value
Capelin exports soar to make it Iceland’s second most valuable species after cod
Capelin exports in 2021/22 reached 521,000t, worth ISK 46 billion ($322 million)
Blumar posts 34% Q3 earnings hike due to higher salmon prices, horse mackerel catches
Chilean firm Blumar Q3 revenues rose 12% year-on-year to $178.9m, as its Q3 earnings before interest, taxes, depreciation and amortization also did by 34% to $40.3m
European fishmeal producers prepare for shift to China if blue whiting exits MarinTrust program
European companies are looking to China as an outlet for fishmeal produced from northeast Atlantic blue whiting in the event buyers shun it over sustainability concerns
Scoular, Da Yang, Bornstein partner on Oregon fishmeal plant
Scoular opened a similar plant in Myanmar last spring for its Encompass brand, which serves Asian markets
Global production of certified fishmeal, fish oil growing amid sustainability push
'We have seen the marketplace needs assured products, so the demands is there' -- Libby Woodhatch, executive chair at MarinTrust
Hofseth Biocare inks more deals for salmon offcuts as Q3 sales surge, losses narrow
With sales growing fast, Hofseth Biocare has 'signed contracts with new salmon processors to ensure increased access to salmon offcuts for our production process', the company said
Inflation drives Peru’s August fishery export value up 14% despite volume drop
Peru exported some 216,300 metric tons of fishery products worth $481.9 million in August, down 9.5% by volume but up 13.6% by value compared to the same month in 2021
Recap IFFO 2022 from fishmeal hub Peru
Undercurrent News was reporting live from the IFFO conference for the global marine ingredients industry, held in Lima, Peru from Oct. 23-27
Daily recap, Oct. 26: Latest from IFFO; Norway gov’t open to salmon tax change; Russia hikes pollock TAC
Undercurrent News reporter Dan Gibson rounds up the biggest seafood news stories from Wednesday