A buyover deal of Chilean salmon producer and exporter Australis by Chinese company Joyvio, subsidiary of Legend Holdings and parent of Lenovo, is close to being finalized, it was announced Tuesday.
A report issued by the Forum for the Conservation of the Patagonian Sea and Surrounding Areas warns of the serious impacts that salmon and trout farming would have on the Argentine coast if the initiatives being considered by the federal government and the province of Tierra del Fuego are approved.
A study performed by the Institute of Technology of UADE Foundation found that 66% of the salmon fillets imported from Chile that are marketed in the fish farms of the City of Buenos Aires contain remains of antibiotics that can affect the health of those who consume it .
A group of salmon farms operating in the south of Chile have reported the mass death of millions of salmon. The deaths are attributed to an outbreak of harmful algae, set to generate millions in financial losses and see supermarket prices soar across Chile.
Chile's Association of Salmon producers (SalmonChile) reported destruction of hatcheries and heavy losses in production in the industry which operates numerous freshwater facilities in the area directly affected by the eruption of the Calbuco volcano.
Chile's accumulated fisheries landings during the first five months of the year totaled 1.6 million tons, up 24% from the five months of 2013, when 1.3 million tons were landed.
The main creditor banks of the Galician multinational firm Pescanova, (which is under a probe from the Spanish stock market regulator), argue that the only way the firm can reorganize its financial situation is through the total or partial sale of its subsidiary in Chile by means of a Preventive Judicial Agreement.
Chilean Under-Secretariat of Fisheries (Subpesca) defined eight macro zones for the salmon industry, which will be located in regions X and XI, extreme south of the country which means companies will have to relocate the farms that are near these sanitary corridors.
Wild-salmon advocates in Canada fear that tests showing a serious virus in one Fraser River coho and two wild sockeye salmon mean the European strain of infectious salmon anaemia (ISA) could be spreading through British Columbia's wild-salmon runs.
Fear of yet another outbreak of Infectious Salmon Anaemia (ISA) — an infectious viral disease found in Atlantic salmon — has sparked new debate in Chile’s salmon industry about what kind of regulatory safeguards are most needed.