Christian Molinari

Peru’s Production Ministry (PRODUCE) has closed the second anchovy- and white anchovy-fishing season of 2024 in the country’s main fishing area, with the nation’s industrial fishing fleet having landed over 95 percent of the total allowable catch (TAC).

PRODUCE launched the second anchovy-fishing season of 2024 on 1 November 2024, establishing a TAC of 2.51 million metric tons (MT) for the season. Over 2.4 million MT were

The U.S. Food and Drug Administration (FDA) has approved the labeling of Chilean salmon as “healthy” – a move which aquaculture companies in the South American nation see as a significant opportunity to increase sales abroad.

The newly awarded distinction is a milestone that promises to increase Chilean farmed fish’s visibility and attractiveness in the North American market, according to the Chilean Salmon

Chile’s Salmon Council, a trade association formed in 2020, has been outspoken over the need for the nation’s salmon-farming industry to strictly obey environmental laws. It has also proactively led discussions over industry needs, sought areas of cooperation with other national industry associations, and worked to ensure that government authorities and decision-makers prioritize the aquaculture sector.

SeafoodSource spoke with

The Chilean Prosecutor’s Office has formalized a case against the former owner and previous executives of salmon-farming firm Australis, alleging they knowingly inflated the value of the company artificially when they sold it in 2018 to Chinese firm Joyvio.

The prosecutor’s office specifically accused former Australis owner Isidoro Quiroga and former executives Martín Guiloff and Santiago Garretón of fraud and unfair

The United States Patent and Trademark Office (USPTO) has granted a patent to Chilean firm Ocean Arks Tech for its project to design a “superyacht” to develop aquaculture operations in the deep sea.

The company said it gained the patent on 31 December 2024 when the USPTO awarded it an invention patent following “six years of rigorous patent proceedings in the United States.”

Ocean Arks Tech said that the award marks it as

Chile’s salmon-farming sector has been voicing concerns over significant environmental and regulatory hurdles as of late, and the challenging situation is beginning to take a toll on the industry, which saw growth stagnate in 2024.

Farmed salmon and trout continued to be the country’s largest non-mining export product in 2024, representing 5.5 percent of total exports for the year. The nation exported 782,076 metric tons (MT) of

The Chilean branch of salmon-farming firm Cooke Aquaculture has yet again raised concerns it is being discriminated against by Chile’s Superintendency of the Environment (SMA), which the firm claims has affected its operations and for which the company continues to say it may seek international arbitration. 

Cooke Chile and the SMA have locked horns for years. 

The environmental watchdog has filed charges against Cooke and has

Chilean fishing and salmon-farming firm Blumar cut its losses year over year in the third quarter of 2024, but still remained in the red.

In response to several straight periods of poor performance, the company has continued pursuing a process to transform its business operations.

During Q3 2024, Blumar’s total revenues amounted to USD 138 million (EUR 132 million), down 9 percent from the USD 152 million (EUR 146 million) the company

Stakeholders within Chile’s salmon-farming industry have called on the nation’s government to more clearly define its stance on the future of the aquaculture sector, which is responsible for exports of more than USD 6.4 billion (EUR 6.1 billion) annually.

“We need a countrywide vision. What does the country want? Salmon farming to be an economic pillar, like it is in Norway, or have it disappear as some NGOs want?” Blumar