Blumar sees revenue, profit dip in Q4 amidst aquaculture struggles
The company experienced a decrease in revenue, also facing challenges with decreased profitability, notably in its aquaculture division
Chile’s Camanchaca strengthens partnership with Spanish tuna processor Frime
Chile's Camanchaca aims to expand its production capacity and solidify its presence in the US and Europe, deepening its ties with current partners
Oceana reports ‘doubling’ US fish oil sales, but canned, wild-catch volumes disappoint
The South African fishing and processing firm reported a 13% increase in revenue from the last five months, driven by high prices for fishmeal and fish oil
Peru fishery sector sees year-end slump with exports down by over a third
Peru exported some 78,900 metric tons of fishery products worth $187.6 million in December, down year-on-year by 33.5% in volume and 30.9% in value
Chilean seafood exports surge to $825m, fueled by salmon, trout sales
In a promising start to the new year, Chilean fish and seafood exports reached a total $825m in January, up 12.6% y-o-y
‘Wrong’ fish size rule blamed for fishmeal ‘crisis’ in south Peru
A report commissioned by the National Fisheries Society identified the minimum legal catch size of anchovy as a 'key obstacle' to averting a downturn in southern Peru's fishmeal industry
Chinese fishmeal prices drop on weaker market
Chinese demand for Peruvian fishmeal has softened after feed mills experienced a frenzy in the international market last year, according to industry sources
UK startup plans to produce artemia in RAS for fishmeal alternative
Aquanzo plans to cultivate artemia, a species of brine shrimp rich in protein, using food and drink by-products in a sustainable, land-based approach
Excellent salmon margins lead BioMar to record profits in 2023
The Danish feed giant reported Q4 earnings of DKK 397m ($57m), bringing its full-year earnings to a record DKK 1.25bn
Europe’s fishmeal sector faces potential raw material shortfall with sand eel advice down
Despite a higher blue whiting quota, there is still uncertainty on capelin and sand eel quotas, with a risk of no catches at all, leaving Europe to face a shortfall of raw material for fishmeal and fish oil