Spain sees ‘record’ increase in northern hake quota for 2015
New quotas set for the next year will generate over €20 million to the Spanish fishing industry, says Isabel Garcia, Spanish Minister of Argiculture, Food and Environment
View ArticleChilean fishermen protest lack of meeting on fishery science
Second year of low fishing quota prompts letter of protest from fishermen to undersecretary of fisheries and aquaculture
View ArticleArgentina ups seafood exports to Russia
Country's seafood exports had already exceeded 2013 figure by end of September
View Article2014 timelines: Russia’s import ban redraws seafood trade lines
Undercurrent News looks back at the main events in the story of Russia's ban on food imports, enforced since Aug. 7 and which has shaped seafood trade worldwide
View ArticleOceana finally closes Foodcorp deal
Deal for South African fishing and processing firm first announced in June 2013 finally closes
View ArticleChile ups pelagic landings by 31%; demersal catches decrease
Sardine fishing had the highest increase in landings, up 139.4% to 511,100t year-on-year
View ArticleFoodcorp deal should increase Oceana bottom line 10% in mixed year
South African company merger could bring Oceana up to around ZAR 670m net income for 2015, CEO estimates, though diverse markets remain a wildcard
View ArticlePolish processor looks to sell factory after building new plant
One of Poland’s largest frozen fish processors, Abramczyk, is looking to sell a plant after opening a new one last year
View ArticleArgentine hake recovers on back of fishing policies
Fishing policies implemented since 1998 have allowed the recovery of Merluccius hubbsi biomass, leaving behind over-exploitation, national authorities say
View ArticleNissui sells last Argentinian subsidiary
Japanese group sells toothfish subsidiary to Newsan Group, which says deal will increase its annual exports by $30 million
View ArticleResearch confirms Peruvian hake recovery; recommends landings up to 42,000t
Latin American NGO CeDePesca endorses the hake stock recovery in Peru, although reproductive biomass is made up primarily of juveniles and complete restoration could take between five to ten years
View ArticleIncreased cod supply reverses decline in wild whitefish volume to EU
2013 saw reversal of 2012 decline in supply of wild whitefish to the EU markets, with availability up 4%, a trend set to increase when 2014 figures are available
View ArticleRed Chamber takes over Alpesca assets as workers strike
US giant given three fishing licenses for shrimp and two for crab as clashes with former Alpesca's staff arise
View ArticleI&J takes profit hit on fuel price hedges as turnover surges
Sales of South African fishing and processing firm Irvin and Johnson up close to 20% for first half of financial year, in line with forecast of strong year
View ArticleUS fishermen file lawsuit over Pacific Seafood acquisition of Ocean Gold
Pacific Seafood is close to buying a controlling stake in Ocean Gold Seafoods, with a group of fisherman filing for a temporary restraining order to block the deal
View ArticleJudge temporarily blocks Pacific Seafood’s Ocean Gold acquisition
Pacific Seafood still plans to do what it takes move forward on the deal, which will see further legal judgement Feb. 9
View ArticlePacific’s anti-trust settlement compliance tripped new lawsuit
It seems there was a trip-ladder written into Pacific Seafood Group’s 2012 anti-trust class action settlement with plaintiff Jeff Boardman
View ArticleRed Chamber-linked Alpesca nets 4,000t hake quota increase for 2015
Among Argentina's top hake catchers, Alpesca has had the largest quota increase, although the company's hake fishing for this year remains uncertain
View ArticleChile, UAE sign deal to boost seafood trade
MoU aimed at boosting aquaculture and fishery exports from Chile to the Emirates
View ArticleChile fishing landings driven by pelagics in 2014
Pelagic landings were up 27.8% year-on-year, with anchovy being the largest resource, accounting for 45.1% of total catches
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