Oil drum blamed for explosion that destroyed Canadian fishmeal plant
An explosion in an oil drum sparked a fire that totally destroyed a fishmeal processing plant in the Canadian province of New Brunswick
Shares of Indian shrimp feed makers soar on gov’t import tariff plan
Share prices for Avanti Feeds, Coastal Corporation, and Waterbase soared up to 20% in daily trading after India announced a cut in import duties for feed inputs
Lower Indian tariffs on fishmeal should help make shrimp farming more competitive
The Indian government has decided to reduce its import duties from 15% to 5% on fishmeal in a bid to make its domestic shrimp industry more competitive
Peruvian anchovy season nears end with 20% of quota uncaught
'Clearly, we will not be able to land and cover the full quota of 2.28m metric tons -- but very close and closer than many expected' -- James Frank, managing director of MSICeres
Chilean aquaculture law reform proposals loom over Magallanes projects
Some Chilean salmon farmers are likely to pause investments in new projects in the country's south until there is more clarity on how the country's aquaculture law may change
Chilean salmon farmers’ Magallanes investments begin to bear fruit
Recent investments to developing the salmon farming industry in Chile's southernmost region are coming online. Improved logistics have also reduced air transport time to the US
Skretting teams with EU startup aiming for ‘world first’ in commercial bluefin RAS production
Production at a site in Spain is expected to start in 2024, with full capacity achieved in 2028
Better sales prices drove Peru export value up 21% in October
Peru exported some 107,000t of fishery products worth $281.2m in October, down 7.4% by volume but up 21.3% by value compared to the same month in 2021
Black fly grower Innovafeed breaks ground on $250m US facility
'We are building a home in America' -- Maye Walraven, Innovafeed's general manager of North America
Chile’s seafood exports grew 25% in 2022 with sales to US, China, Japan soaring
Chilean fish and seafood exports amounted to over $8.8bn in 2022, up by 24.7% y-o-y