China’s imports of Argentine red shrimp surged 232 percent during the first eight months of 2023, pushing Argentina into the top three of shrimp-exporting nations to China, according to a report by the Foreign Trade Department of Ecuador’s National Chamber of Aquaculture (CNA), based on official statistics from China’s Customs Department.
In metric tons, Ecuador continued its reign as the top shrimp supplier to China from
… Read MoreChilean salmon-farming firm Australis Seafoods announced it will shutter its Torres del Paine processing plant, an action the company claims is directly due to the legal battle in which its owner – Chinese foodservice giant Joyvio – remains embroiled.
Joyvio accused the firm’s former owner Isidoro Quiroga and his inner circle of maliciously hiding information regarding salmon overproduction when the Chinese firm purchased
… Read MoreAmid an already strained atmosphere, Ariel Espinoza, Chile’s acting undersecretary of the environment, may have ratcheted up tension between salmon industry players and contrasting politicians after the latest official communication from Espinoza’s office at the Chilean Environment Ministry.
One of the main points in the official letter, signed by Espinoza, states that “concessions may not be granted when a protected area,
… Read MoreArgentinian Milko Schvartzman, a marine conservationist who has investigated foreign fishing fleets for more than 20 years, has been very vocal about his findings when it comes to illegal, unreported, and unregulated (IUU) fishing on the high seas, specifically within Latin American countries’ exclusive economic zones. While researching human rights abuses aboard deepwater fishing fleets, he has found that many transgressing vessels turn
… Read MoreArgentinian Milko Schvartzman has studied foreign fishing fleets for more than 20 years. He defines himself as a marine conservationist, but through his research and investigation, he has uncovered instances of illegal, unreported, and unregulated (IUU) fishing that officials have either willingly overlooked or simply missed.
According to Schvartzman, significant human rights abuses, such as slave-like wage withholding and imprisonment, physical
… Read MoreBlumar’s Q2 2023 net profits fell over 25 percent, as its fishing operations performed solidly but not enough to make up for the company’s lackluster performance in its salmon-farming segment.
The Santiago, Chile-based seafood firm’s revenues increased 10.5 percent year over year to USD 206.8 million (EUR 193.1 million) in Q2 2023, compared to the USD 187 million (EUR 175 million) the firm brought in during Q2 2022. Its
… Read MorePunta Arenas, Chile-based salmon farmer Nova Austral – amid continuous sanctions from Chile’s environmental regulator and attempts to stave off bankruptcy – has submitted another reorganization proposal after the company’s first attempt at restructuring failed.
The company, which is the main employer in Chile’s Tierra del Fuego province within the southern Magallanes region, responsible for about 3,000 jobs, is
… Read MoreChile’s more than 6,000 kilometers of coastline provides an environment ideal for highly productive fishing and aquaculture activities that directly contribute to national and global food security.
The two activities, however, vary radically in their operational needs and have different regulations, leading the Chilean government to plan an update to its existing national fisheries law that currently lumps the two sectors together. The
… Read MoreThe U.S. Food and Drug Administration (FDA) has signed a regulatory partnership arrangement (RPA) with the Ecuador Vice Ministry of Aquaculture and Fisheries in an attempt to enhance the food safety of shrimp destined for the U.S. market.
The move results from a 2021 U.S. congressional mandate focused on improving shrimp-related food safety. It ordered the FDA to consider and develop new options for improving the regulation of imported farmed
… Read MoreChilean farmed salmon and trout exports increased – though just slightly – during the first half of 2023 when compared to the same period in 2022, the Chilean Salmon Council reported in its latest “Quarterly Salmon Export Report.”
Chile’s exports of salmon and trout reached 373,734 metric tons (MT) in H1 2023, a 2 percent increase when compared to the same period in 2022. The value of those exports totaled USD 3.31
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