Peruvian fishmeal trade on hold as season starts with slow catches
Chinese buyers are in wait-and-see mode, awaiting a settling in price levels after an increase in the face of zero quota expectations for the second fishing season
Exalmar independent director steps down
Pedro Pablo Kuczynski has stepped down as independent director of the Peruvian fishmeal producer due to 'electoral circumstances'
Peru’s anchovy fishing to grow 73% on the back of second season
This growth will be achieved providing that the quota of 1.1 million metric tons granted for the second fishing season is caught
Nissui hit by weak results in South America
Nissui's consolidated operating income for six months to end of September drops 6.4% year-on-year, to JPY 9.59bn, hit partly by low salmon prices
KKR pays $100m for stake in China aqua feed firm
US-based investment firm KKR plans to help shrimp and fish feed maker Yuehai expand, to take advantage of demand for safe, traceable food in China
Baiyang Aquatic’s Q3 net profit up 38% as production capacity improves
Improvement mainly driven by a higher production capacity for fishmeal, fish oil and feed products
China’s Guolian sees Q3 profits recover amid tough year
Shrimp firm Zhanjiang Guolian reports major recovery in profits in Q3; takes YTD results out of the red
Aqualande sells 50% stake to Labeyrie; enters feed JV
Labeyrie Fine Foods is set to buy a 50% stake in French trout farmer and processor Aqualande, which holds around 70% of the French smoked trout market
Austevoll net profit skyrockets on improved pelagic earnings
Group's Q3 net profit is 715% up thanks to a better performance of the Latin American operations compared to the same time a year ago, but activity in Peru is still 'slow'
Moody’s: China Fishery at high risk of default with lower Peru anchovy quota
Cut in anchovy quota in Peru will mean China Fishery's ebitda could dive as much as 58% to $100m, meaning a downgrade from Moody's