Chilean giant Orizon Seafood has significant expansion plans following the recent consolidation crab and toothfish supplier Fiordosur Continue reading
Tag Archives: Latin america
Peru announces first 2024 anchovy season quota, start date
Peru has officially declared the start of the first anchovy fishing season of 2024, scheduled to begin at midnight on April 16, with a higher quota than in the second 2023 season Continue reading
Argentine wild red shrimp prices on rise amid low stocks in Spain, high Easter demand
Recent developments in the Argentine fishing industry may further exacerbate this situation with the closure of the provincial fishing season in Chubut on March 18
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Peru ends anchovy season with roughly 75% of quota caught
Peru's production ministry issued a decree ending the anchovy fishing season on Jan. 12 Continue reading
Chile’s salmon sector to wait one more year for reforms, tax, says top politician
After a year in which the government and the industry had a tense standoff over the future of salmon farming in protected areas, the timetable for agreeing on new regulations has been pushed back into 2024 Continue reading
Fish oil prices to stay elevated following 2023’s record highs
Global fish oil markets have seen a tumultuous year, marked by price surges driven by a shortage in Peru and partially offset by a rise in production from Norway and Iceland Continue reading
Omarsa: Weak demand the only brake on Ecuador’s shrimp train
While production from the country is expected to slow in the second half of 2023, the nation's farms are still far from their carrying capacity, believes Omarsa's Sandro Coglitore Continue reading
Mitsui confirms $360m deal for Santa Priscila stake after talks started in 2019
Undercurrent News reported talks between Mitsui and Santa Priscila for a minority stake deal were back on in June, having first revealed the two were in discussions back in 2019
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Peruvian group completes deal for bankrupt Spanish cephalopod plant
Oceano confirmed to Undercurrent News it had concluded a deal to buy Pesfasa, a bankrupt Spanish cephalopod processor, for €1.8 million Continue reading
Venezuela’s largest shrimp farmer aims for 100,000t of production
Despite severe political and economic challenges, Venezuela's shrimp production is set to continue to increase, driven by its largest farmer, Grupo Lamar Continue reading