The spiny lobster (Panulirus argus) fishery in Nicaragua has completed its fishery improvement project (FIP) and entered the full assessment process for Marine Stewardship Council (MSC) certification.
The Caribbean-based fishery is the largest supplier of spiny lobster to the U.S., and the country exported seafood worth USD 180 million (EUR 170 million) in the first six months of 2022. Nicaragua is the second major Caribbean spiny lobster
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Overfishing is often seen as a strictly environmental concern, but the issue should be also looked at through an economic lens, according to the new seafood-focused non-governmental organization Accountability.Fish.
Accountability.Fish was created to raise awareness of what it deems as “the under-monitored and murky politics” of regional fisheries management organizations (RFMOs). It seeks to support underrepresented
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On Thursday, 15 December, Peru’s government instituted a national state of emergency, responding to outbursts of violence from protesters unhappy over the 7 December ousting of the country’s left-leaning president, Pedro Castillo, and the swearing in of then-vice president Dina Boluarte as Peru’s new head of state.
Castillo was facing allegations of corruption, with an estimated 50 separate cases pending with Peru’s
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Important figures in Chile’s Magallanes region are refuting the arguments set forth in the Greenpeace documentary “Por Aquí No” (“Not Here”) which was highly critical of the region's salmon industry.
Greenpeace Chile launched the documentary on 28 September, 2022, in theaters, with a T.V. debut on 6 October on the History Channel. Calling for an end to salmon farming in the Kawésqar National Reserve,
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Chile’s largest salmon-farming firm, AquaChile, saw “robust demand” coupled with limited supply during the third quarter of 2022, as salmon prices remained strong and higher than historical averages in the farmer’s key markets of the United States, Brazil, and Japan.
AquaChile is Chile’s largest salmon producer, resulting from a 2018 sector consolidation that brought a number of actors – AquaChile,
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China's zero-COVID policy caused its imports of Chilean salmon to plummet, and indirectly led to the downfall of New World Currents, a joint venture formed between five Chilean salmon firms jointly targeting the Chinese market.
New World Currents was founded in 2013 to enable Australis, Blumar, Camanchaca, Yadran, and Marine Farm to work jointly to market salmon in the world's most-populous country. But when the COVID pandemic hit
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Santiago, Chile-based Salmones Camamchaca continued to see strong results in the third quarter of 2022, with net income rising 306 percent to USD 18.5 million (EUR 17.9 million) when compared to the USD 4.6 million (EUR 4.4 million) it posted in Q3 2021.
Camanchaca's quarterly operating revenue reached USD 95.9 million (EUR 93.1 million) in Q3 2022, up 45.6 percent year-o-ver-year. Its earnings before interest, taxes, depreciation, and
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Peru’s Ministry of Production (PRODUCE) has authorized a 28 November start of the second season of the north-central zone’s anchovy fishery, establishing a total allowable catch (TAC) of up to 2.28 million metric tons (MT).
The country’s anchovy fishery, which targets both Engraulis ringens and Anchoa nasus, primarily for use in making fishmeal and fish oil, is the largest by volume in the world. The
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The Chilean Salmon Council has named Loreto Seguel its new executive director, beginning 1 December.
Seguel’s hiring follows the council’s announcement at the beginning of November that its current director, Joanna Davidovich, would step down by month’s end and join the council's board as an independent member. Davidovich was appointed the council's executive director in 2020 upon the creation of the council, which represents
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Santiago, Chile-based Salmones Camanchaca CEO Ricardo García recently presented at the International Fishmeal and Fish Oil (IFFO) conference in Lima, Peru, where he extolled salmon farming’s efficiencies to meet protein needs in a world whose population is growing but whose resources are limited. However, the salmon farming industry in Chile has increasingly been questioned over matters such as sustainability and environmental
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