Monday, January 13th 2014 - 11:29 UTC

Canadian group Cooke Aquaculture has set its eyes on (Pescanova) Pesca Chile

But president Juan Manuel Urgoiti wants to halt the liquidation of Chilean assets

The process of selling Pesca Chile continues, despite Pescanova's attempts to slow down the liquidation of the company and its Chilean subsidiaries until the situation of the Galician multinational in Spain is resolved.

Monday, January 13th 2014 - 07:15 UTC

Three investment funds interested in recapitalization of bankrupt Pescanova

Damm Luxempart has offered 250 million Euros and two other funds, 300 million Euros

The bankrupt Galician multinational Pescanova has three proposals for its recapitalization: one from Damm, Luxempart, KKR and Ergon Capital Partners; another from Centerbridge and Bluecrest investment funds, and a third one from the major domestic creditor banks, according to reports from Vigo.

Monday, January 13th 2014 - 06:17 UTC

South Georgia will issue two-year licenses for toothfish and icefish

A trawler anchored in Cumberland Bay

The government of South Georgia and South Sandwich Islands has announced it will issue two-year fishing licenses to companies who successfully apply to fish for toothfish and icefish in the SGSSI Maritime Zone, reports the South Georgia Newsletter latest edition.

Wednesday, December 11th 2013 - 03:58 UTC

IAATO names Amanda Lynnes part-time Operations and Communications Assistant

Amanda is a penguin biologist with a long career in Antarctica

The International Association of Antarctica Tour Operators (IAATO) has announced the appointment of Amanda Lynnes to the part-time position of Operations and Communications Assistant. Amanda is responsible for communicating IAATO’s key messages and will assist in the development of the environmental and operational components of the Association.

Monday, December 2nd 2013 - 15:26 UTC

Uruguay fishing industry in deep trouble: high costs, poor catches, labor conflicts

Dinara chief Gilardoni blames low catches to the problems

High costs, poor catches and labor conflicts are threatening the competitiveness of Uruguay's fishing sector which has seen exports drop considerably plus fears of a possible closure of Nigeria which in the last 18 months has become the main market.

Thursday, November 28th 2013 - 20:58 UTC

EC makes public list of countries with yellow cards for involvement in illegal fishing

Commissioner for Maritime Affairs and Fisheries, Maria Damanaki said West Africa has been identified as a major source of illegal fishing.

European Commission (EC) is urging European countries to impose trade sanction on Belize over illegal fishing, while warning Curacao that it may be next. The EC also urged European Union governments to hit Cambodia and Guinea with the sanctions, cautioning South Korea and Ghana that they, too, may be next in line.

Tuesday, November 26th 2013 - 19:45 UTC

Strong drop in Uruguay fisheries exports in 2012; Nigeria becomes main market

White croaker became the main export item displacing hake

Uruguay fisheries exports last year totaled 79.768 tons valued at 189 million dollars which is a considerable drop from 2011 with 102.500 tons and 236 million dollars. White croaker and hake were the main export items and Nigeria displaced the European Union as the main market.

Thursday, November 21st 2013 - 18:34 UTC

Falklands’ aquaculture advances with development of brown trout pilot farm

Simon at the pilot farm facility in Fitz Roy

One of the Falklands leading Seafood Companies, Fortuna, has invested in a pilot brown trout farm facility in the Falkland Islands. The project is lead by Simon Hardcastle, a Falkland Islander with experience of fish farming both in Scotland and in earlier projects in the Islands.

Wednesday, November 20th 2013 - 20:38 UTC

Galicia companies involved in sales of undeclared fish catches: tax evasion close to 14 million Euros

The fraudulent operation involves at least 200 fishing vessels operating from Galicia

The first four ship owners summoned by the Court of Marin, Galicia, northwest Spain admitted to having incurred in fraudulent tax practices in 2008, 2009 and 2010. The Pontevedra Criminal Crimes prosecutor accused the fishing vessel owners of fraud totaling 13.7 million Euros, from the sale of undeclared fish catches from the cooperative San Miguel de Marin

Monday, November 11th 2013 - 19:49 UTC

GEF and FAO approve project to improve sustainability of tuna fisheries worldwide

Highly migratory tuna account for about 20% of the value of all marine capture fisheries

Global Environment Facility (GEF) CEO Naoko Ishii approved a project coordinated by the UN Food and Agriculture Organization (FAO) to improve the health and sustainability of tuna fisheries worldwide by reducing illegal catch and supporting related marine ecosystems and species.


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