Pontevedra, Spain-based vertically integrated seafood firm Nueva Pescanova has launched its first sustainability-linked promissory notes in the alternative fixed income market of the Bolsas Mercados Españoles (BME), the operator of all stock markets and financial systems in Spain.
The issue will be for up to EUR 75 million (USD 80.5 million), which “demonstrates its commitment to ensure the social and environmental sustainability of… Read More
Punta Arenas, Chile-based salmon farmer Nova Austral posted a net loss of USD 11.4 million (EUR 10.6 million) in the first quarter of 2022, an improvement from the loss of USD 15.2 million (EUR 14.1 million) it saw in the same period in… Read More
Los Angeles, Bio Bio, Chile-based Salmones Austral posted a Q1 2022 net profit of USD 1.8 million (EUR 1.6 million), versus losses of USD 9.4 million (EUR 8.7 million) in the first quarter of 2021, on the back of stronger salmon prices.
The company sold salmon at an average of USD 5.70 (EUR 5.30) per kilogram …
Photo courtesy of Salmones… Read More
Chile will look to replace its existing fishing laws, while also strengthen environmental stewardship in the ocean, Chilean President Gabriel Boric, who took office in March 2022, said in his first address to the nation on 1 June, 2022.
“In terms of fisheries and aquaculture, we will fulfill our commitment to advance in a new law, which will be free of corruption and the result of an open and transparent debate. One that delivers clear,… Read More
Record first quarter average prices of Atlantic salmon at USD 6.86 (EUR 6.42) per kilogram whole-fish equivalent (WFE), compared to prices of USD 4.33 (EUR 4.05) per kilogram in the same quarter of 2021, drove an increase in Santiago, Chile-based fishing and salmon-farming firm Blumar’s quarterly earnings… Read More
Santiago, Chile-based seafood firm Camanchaca has opened a USD 30 million (EUR 28 million) frozen horse mackerel processing plant which it expects will handle about 50 million kilograms of product during its first year of operation …
Photo courtesy of… Read More
Puerto Montt, Chile-based salmon farmer Multi X, which reported the death of 300,000 fish at one of its farms on 22 May, has revised the number downward to 250,000 fish totaling 1,075 metric tons (MT), Chile’s National Fisheries and Aquaculture Service, Sernapesca, reported.
The mortality was associated with a decrease in dissolved oxygen content affecting Atlantic salmon at the farmer’s San Luis center in… Read More
A new National Geographic documentary is advocating for the protection of a large portion of Chile's coastline from further commercial salmon-farming development.
The documentary, titled “Canoeros: Memoria Viva” (Canoeists: Living Memory), and its creators are calling for Chile's Kawésqar National Reserve to be classified as a national park, effectively halting farming in the region.
The Kawésqar National… Read More
Six of the eight Chilean salmon farmers in the Global Salmon Initiative (GSI) increased antibiotic use in 2021 compared to levels from 2020, according to numbers available in GSI's annual sustainability report …
Photo courtesy of… Read More
Salmones Multiexport – which markets its products as Multi X – has suffered a mass-mortality event of roughly 300,000 fish weighing approximately 4.3 kilograms each, Chile’s National Fisheries and Aquaculture Service, Sernapesca, reported on its website.
The die-off affected Atlantic salmon at the farmer’s San Luis center in the concession group ACS 1, located in the Reloncaví Estuary in the Los Lagos region.
The… Read More