Peruvian fishmeal fleet catches 27% of anchovy quota
Peruvian fleet caught 27% or 300,618 metric tons of the total quota set for the second season in the north-central Peruvian coast, after the first 14 days of fishing
Aleutian Spray extends Starbound to produce high grade surimi, fishmeal, fish oil
Corpesca snaps up 30% stake in Brazilian feed producer
Chilean catcher has bought a stake in Fasa, which has an annual turnover of BRL 350m
Peruvian fishermen want fixed anchovy price
According to fishermen, the international price of fishmeal has reached $2,370/t, the highest in value in the last ten years
Credit insurers pull coverage on Pacific Andes, Pickenpack over unpaid pollock invoices
US pollock sellers chase payments from Pacific Andes, as major credit insurance firms are no longer offering coverage on Pickenpack or its part owner, which is in the midst of a crisis with its China Fishery subsidiary
Moody’s: Complex China Fishery debt restructure will lead to credit crunch, erosion of assets
Move by HSBC likely to lead to crunch on credit for the group, which will cause asset erosion and possible lower returns for bondholders, says ratings agency
Camanchaca’s salmon ops in red ‘entirely due to lower prices’
The Chilean company posts loss of $13m in the first nine months of the year for its salmon unit, as fishing business reports profit of $2.1m
Clock ticking on Ng family’s control of debt-laden China Fishery
Process triggered by appointment of KPMG as provisional liquidators of China Fishery, after HSBC court filing, means acceleration of debt payments could be imminent
S&P: Lower Peru anchovy quota means China Fishery cash flow recovery ‘unlikely’
After it emerges a Hong Kong court has appointed provisional liquidators from KPMG, S&P downgrades China Fishery