Getting Mexico’s national seafood production certified as sustainable is the next significant step the country needs to take towards better environmental and commercial performance, according to participants in a panel focused on Mexico's seafood market during Seafood Expo North America Reconnect.
The panel, “Progress and Opportunities for an Emerging Sustainable Seafood Movement in Mexico,” took place 19 March and… Read More
Puerto Montt, Chile-based salmon farmer Multiexport Foods has reported “abnormal fish mortality, caused by an oceanographic event of low oxygen concentration” at its Apiao farm, located in the community of Quinchao on the island of Chiloé ...
Photo courtesy of… Read More
Santiago, Chile-based LATAM Airlines, the largest Latin American carrier, will continue to convert more of its planes into freighters, seeking to bolster its status as the top transporter of Chilean salmon.
When the COVID-19 crisis first hit Chile, salmon producers faced problems in shipping product as international borders began closing. In turn, LATAM was forced to drastically reduce operations due to plunging passenger numbers, and in May… Read More
Nova Austral posted Q4 2020 net losses of USD 35.6 million (EUR 29.5 million), versus a profit of USD 800,000 (EUR 663,000) in the same quarter of 2019 as harvests fell 34 percent to 2,900 metric tons (MT).
The company said that the lower harvest was mainly due to stocking restrictions at sites available during 2019, and that during the last two weeks of December 2020, it experienced three mortality events at its hatchery, losing 4.8 million… Read More
Santiago, Chile-based Salmones Camanchaca has reported a revenue hit due to lower demand and pricing for the company's salmon products as a result of the COVID-19 pandemic.
In 2020, Camanchaca's revenue dropped 52.7 percent to USD 65.8 million (EUR 54.5 million) while expenses remained relatively flat at USD 5.2 million (EUR 4.3 million), bringing earnings before interest, taxes, debt, and amortization (EBITDA) to a USD 8.7 million (EUR 7.2… Read More
The Marine Stewardship Council (MSC) plans to increase its presence and activities in Mexico, rolling out a strategic plan for the creation of a community of producers and commercial partners, while also implementing a communications campaign on the importance of sustainable fishing and the benefits of getting certified.
To increase environmental stewardship in Mexico’s fishing industry, MSC will work with key industry players to drive its… Read More