Peru reduces chance of ‘extraordinary’ El Nino
Enfen has reduced its forecast on the likelihood of an extraordinarily strong El Nino during the Peruvian summer season, from 55% to 50%
Blumar in red on lower fishing sales, salmon prices
Chilean catcher and aquaculture producer reported a loss of $8.21m in Q3 2015, due to falling salmon prices and lower revenues from its fishing unit
Grobest ‘ready’ for IPO, but high fishmeal prices remain a concern
The Taiwanese fish feed player confirmed that it is weighing up an IPO, but high fishmeal prices top agenda
Exalmar Q3 profit dives on lower fishmeal, frozen fish prices
Peru’s third-largest anchovy catcher and fishmeal producer saw gross profit drop by 36.7%, although revenue went up by 3.4% on the back of higher fishmeal sales volumes
Costco: Plaintiff in slavery lawsuit didn’t buy our shrimp
Lawyers for Costco Wholesale claim that a woman who alleged in a class-action lawsuit that the chain sold her shrimp linked to human trafficking violations in Thailand is lying
Corpesca parent sees 4.5% earnings drop during Q3
A conglomerate that is part owner of Chile’s largest fishing company saw its earnings take a sharp fall during third quarter 2015 in part due to lower fishmeal volumes
IFFO offers support for study on forage fish
The Global Standard for Responsible Supply said it will offer financial support to a study on little-understood forage fish, which are often used in fish feed
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'
Possibility of another $100,000 fish feed competition high
The competition to encourage companies to create fish-free aquaculture feed has already attracted several competitors, and organizers are preparing for a potential follow up