Puerto Montt, Chile-based salmon farmer Multi X – formerly known as Multiexport Foods – saw its operating incomes and consolidated profit increase in Q3 2021 due to strong sales to the U.S. and
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Salmones Camanchaca has rescheduled USD 135 million (EUR 120 million) in revolving credit lines with DNB Bank, Rabobank, and Santander, saying that it is the first salmon company in Chile to ink a sustainability-linked loan that meets the five characteristics outlined by the Loan Market Association (LMA) and the Loan Syndications and Trading Association (LSTA)
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Santiago, Chile-based salmon farmer Salmones Camanchaca has posted increased revenue, positive net profit, and positive earnings before interest, taxes, depreciation, and amortization (EBITDA) for Q3 2021, a turnaround from losses in 2020.
Camanchaca posted a net profit of USD 4.57 million (EUR 4.03 million) in the third quarter of 2021, versus a Q3 loss of USD 9.53 million (EUR 8.42 million) in the same quarter last year.
“[It's evidence]
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Peru’s Ministry of Production (PRODUCE) has set 22 November as the launch date for the country’s second anchovy season in its north-central fishing region, establishing a 2.047 million metric ton (MT) capture limit, government gazette El Peruano reported.
The country divides its anchovy fishing areas into two regions – south and north-central – with different capture limits and seasons set for each one. The north-central
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Chilean trade body SalmonChile has published its latest sustainability report, highlighting record salmon production with a lighter ecological footprint compared to other sources of animal protein.
“Aquaculture is capable of generating the most-sustainable animal protein worldwide and has become the way to meet the fish and shellfish consumption needs of the growing world population," it said.
In 2020, more than one million metric tons
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Puerto Montt, Chile-based DataSalmon has begun trading Chilean salmon on the London Fish Exchange’s (LFEX) electronic trading platform, the company announced in a release.
DataSalmon – cofounded by industry veteran Arturo Clement, the CEO of salmon farming industry association SalmonChile, a board member of the Chilean Salmon Marketing Council, and past CEO of Multiexport Foods (recently rebranded Multi X) – provides data and
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Chilean salmon farmer Salmones Camanchaca said it expects to harvest between 8,000 and 9,000 metric tons (MT) of antibiotic-free salmon annually by 2024 ...
Photo courtesy of Salmones
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Camanchaca’s recent launch of the “Único” brand is the latest move in a growing trend of Chilean seafood companies looking to better cater to the domestic market in Chile.
Santiago, Chile-based seafood firm Camanchaca’s first offering through the Único brand – already available to local wholesalers, distributors, and supermarkets – is canned horse mackerel, and the company said it
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Chilean salmon farmer Multi X, previously known as Multiexport Foods, has created a new brand of ultra-premium, antibiotic-free certified fresh, frozen, and smoked salmon products for the U.S., Canadian, and European markets, with plans to expand to new markets in 2022.
The brand, Arka, whose name means “heaven” in the native Kawésqar dialect, will market salmon which are antibiotic-free, Aquaculture Stewardship
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Ecuador will increase the area protecting the Galapagos Marine Reserve by 60,000 square kilometers, Ecuador President Guillermo Lasso announced at the United Nations COP26 climate summit taking place in Glasgow, Scotland.
The reserve will grow nearly 50 percent in size from its current 130,000 square kilometers, Lasso said. Ecuador’s newly created reserve would expand northward to include the Cocos Ridge and would completely ban industrial
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