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M&A
Chilean division of bankrupt Danish aquaculture supplier Graintec sold off

Oct. 25, 2023 5:11 PM

Ingenieria Graintec Chile was jointly acquired by Denmark-based bulk material handling company, Simatek Bulk Systems and Palle Jakobsen, general manager of Ingenieria Graintec Chile

Feed
Aker BioMarine acquires krill-related assets from Acasti Pharma

Oct. 24, 2023 6:10 PM

The $3.1m deal settles Acasti's obligation to Aker BioMarine

Prices
IFFO 2023: Omega-3 markets continue to grow; China expects fish oil output jump

By Oct. 23, 2023 6:07 AM

Undercurrent News reported live from this year's IFFO conference for the global marine ingredients industry

World
Chilean salmon, trout sales slump main driver behind September seafood export decline

By Oct. 20, 2023 3:03 PM

Chilean seafood exports reached a total of $660 million in September, down 15.2% year-on-year mainly due to a combined 16% drop in salmon and trout sales value

M&A
Tyson invests in insect firm Protix

Oct. 18, 2023 5:39 PM

The two companies also have entered a joint venture for the operation and construction of an insect ingredient facility in the continental United States

Sustainability
Peru to launch five days of ‘exploratory’ anchovy fishing

Oct. 18, 2023 10:26 AM

As of Oct. 21, Peru's industrial fishing vessels will be allowed to capture anchovy resources in the northern-central sea zone for up to five calendar days

Prices
Turkey’s largest bass, bream farmer diversifies markets amid European slowdown risk

By Oct. 17, 2023 10:37 AM

Kilic's vice-president spoke to Undercurrent about the firm's strategic shift towards diversifying markets and adjusting to changing economic conditions

Feed
Global production of fishmeal, fish oil remains low, China struggles with rising fish feed costs

Oct. 12, 2023 4:19 PM

Global cumulative production of fishmeal has declined in the first eight months of this year, according to a recent analysis conducted by the IFFO

Fish oil
Scotiabank: Second Peru anchovy season will land some 660,000t

Oct. 12, 2023 10:51 AM

The bank expects Peru's second anchovy fishing season of 2023 to start in November, but catches will likely be well below average due to the ongoing impacts of El Nino

Sustainability
ICES recommends ‘maybe highest ever’ blue whiting quota, but small decline for mackerel

By Oct. 6, 2023 1:29 PM

The scientific body's advice for 2024 landings of blue whiting is up 13% y-o-y at 1.5m metric tons, while it suggests mackerel catches should come down 5% from its last advice

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