India has come to dominate the U.S. shrimp market, but other countries are carving out niches by focusing on narrow product specifications or in-demand types of shrimp, a Shrimp Insights report has revealed.
In 2021, India remained the largest shrimp supplier to the U.S. by far, with a massive advantage in peeled and other value-added products, the Netherlands-based consultancy found. Peeled shrimp is the most-favored
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Minneapolis, Minnesota, U.S.A.-based agricultural giant Cargill, a major aquafeed producer, has announced it will purchase 24.5 percent of the shares of Chilean salmon farmer Multi X.
Founded in 1987, Puerto Montt, Chile-based Multi X has more than 2,600 employees and handles around 100,000 metric tons of salmon a year, with expectations to increase this to 125,000 metric tons by 2023. It has productive activities in southern Chile’s
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Chile-based salmon farming companies are introducing new measures to better mitigate and deal with potential algae blooms that take place with greater frequency and intensity during the summer season, which in the southern hemisphere runs from December through February …
Photo courtesy of the Salmon
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Two new South American fishery improvement projects were announced at the 2022 Seafood Expo North America (SENA) in Boston, Massachusetts, U.S.A.
New FIPs were announced for shortfin squid (Illex argentinus) and the mahi fishery in Peru.
Argentina’s Chamber of Jigger-Fishing Vessel Shipowners (CAPA, per the acronym in Spanish) is working with the Sustainable Fisheries Partnership (SFP) on establishing the Argentina shortfin
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Brazil is a giant in Latin America: it boasts a population of more than 213 million people and a GDP of some USD 1.45 trillion (EUR 1.33 trillion), according to World Bank data. Currently it exports only about USD 365 million (EUR 334 million) in seafood, but the Brazilian Trade and Investment Promotion Agency, Apex-Brasil, is looking to change that.
Compared to some other South American nations, Brazil definitely has room to grow its seafood
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Los Ángeles, Chile-based Salmones Austral is planning to present its recently launched Secret Island salmon and expanding wholesale business at the upcoming Seafood Expo North America.
The Secret Island specialty brand was launched in October 2021, targeting individual consumers on the U.S. East Coast with a direct-to-consumer home delivery service that included delivery of packages of six-ounce portions in regions within two-day ground
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Punta Arenas, Chile-based salmon farmer Nova Austral’s operational revenues came in at USD 17.5 million (EUR 15.8 million) for the fourth quarter of 2021, 38 percent lower than the USD 28.5 million (EUR 25.8 million) posted in the same quarter of 2020 due to a drop in volumes sold …
Photo courtesy of Chile Superintendency of the
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Chilean salmon farmers are increasingly cutting off shipments to Russia, as the country’s invasion of Ukraine causes increased uncertainty over shipments and payment methods – and while some companies are looking to make a statement against war …
Photo courtesy of Alexander
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As a result of Russia's invasion of Ukraine and resulting international sanctions, the world’s energy and food markets are in turmoil. Despite the uncertainty, Chile’s salmon farmers are well-positioned to weather the storm, according to Chilean Salmon Council Executive Director Joanna Davidovich.
According to Davidovich, whose organization represents AquaChile, Australis,
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Santiago, Chile-based salmon farmer Salmones Camanchaca saw net income after tax of USD 9.7 million (EUR 8.7 million) in Q4 2021, reversing from a net loss of USD 7.5 million (EUR 6.7 million) in the same quarter of 2020, which the company mainly attributed to higher market prices and higher Atlantic salmon sales volume.
The company harvested 15,002 metric tons (MT) whole fish equivalent (WFE) of Atlantic salmon at an average weight of 4.5
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