Invermar lone exception as Chile salmon producers rack up losses for 2013

Chile salmon farm pens cages 4

With a gain of $7.2m, Invermar stood out from its peers in 2013 as Australis Seafoods, Multiexport Foods, Aquachile, Blumar Seafoods and Camanchaca all ended the year in the red, albeit showing a big recovery from 2012 (more…)

Invermar hires Landmark in hopes of merger result

Chilean salmon farmer hires adviser to analyze its position and execute a financial restructuring, which could result in asset sales or mergers (more…)

Chilean coho, trout prices to Japan increase

Chilean Atlantic salmon exported to the US went down to $4.84 per pound, confirming the decreasing price trend, after three consecutive weeks of falls (more…)

NZ King Salmon awarded first new salmon farms in 20 years

Supreme Court of New Zealand has given green light for three out of four new salmon farms in Marlborough; the new farms represent the first to be allocated in over 20 years

Marine Harvest Chile claims court ordering seizure of 1.5m fish ‘lacks jurisdiction’

Marine Harvest Chile

Company says precautions are being taken to avoid disruption production, as it contests order from Puerto Montt (more…)

Police probe power failure at Canadian salmon farm

Police are investigating a power failure that killed about 12,000 salmon – almost $350,000 worth – at a land-based fish farm in Hants County

Spanish smoker overcomes sector challenges through high-end, convenience push

Cod and salmon smoker Copesco & Sefrisa, known for its Royal brand, boosted turnover by 5% to €34 million last year, touting an accumulated growth of 24.9% since 2009

Chile seizes 1.5m salmon from Marine Harvest in dispute with Sur Austral

Marine_Harvest_21 (1)

Authorities seize biomass from two Marine Harvest salmon farms in Los Lagos region, reportedly due to Marine Harvest failure to pay fine in legal dispute with Salmones Sur Austral (more…)

Montanari family reportedly willing to sell out of Invermar

Financial advisors Landmark Capital have been hired by Invermar family owners to look for new partners interested in the Chilean salmon producer (more…)