Peruvian fishmeal, oil exports plunge 51%, contribute to overall fisheries downturn
In November 2023, Peru faced a 24% contraction in seafood exports, with a total of 43,800t shipped
High fishmeal prices persist ahead of Chinese New Year
Despite a relatively successful second anchovy season in Peru that ended last month, the global fishmeal market remains characterized by high prices and limited availability
UK denies sand eel ban goes against Brexit deal with EU
'This is a humiliation of the EU. Danish fishers paid dearly for access to British waters...this case must be raised at the highest level because it cannot be right that the UK is simply allowed to run away from the agreements' -- Danish seafood groups
South Africa’s Premier Fishing reports stronger profit after delisting
Integrated South African company Premier Fishing and Brands recorded a substantial increase in revenue and profit in 2023 compared to the previous year
Chinese feed giant to accelerate overseas investments, land-based shrimp projects
China's largest aquafeed manufacturer, Haid, is looking to invest in feed production in new African markets as well as Brazil, in addition to its $1.18bn domestic RAS shrimp plans
Sea Harvest announces plan to buyout Terrasan’s seafood ops in $50m deal
The South African hake harvesting group will acquire 100% of Terrasan's pelagic operation West Point Fishing, and 63% of its abalone division, Aqunion
Sales to Brazil, China dominate as Chilean exports reach new heights in 2023
Chile's seafood export industry experienced notable growth in 2023, with exports reaching almost $9 billion, a 1.8% increase y-o-y
Rabobank: Easing El Nino contributes to positive fishmeal outlook
Fishmeal prices are expected to undergo a gradual decrease in 2024, as supply normalizes, but they are likely to remain above historical levels, according to Rabobank's forecast
Newfoundland cod processor embraces innovation to reduce waste, increase value
By the time Icewater Seafoods is finished processing an Atlantic cod, there's not much of the fish left to throw away
IFFO: Global fishmeal market faces challenges as Peru’s production declines
The closure of Peru's second anchovy fishing season in the north-central region signals a challenging period for the global fishmeal market