
Norwegian giant salmon-faming company Marine Harvest has announced an agreement to purchase assets of the former Chilean farming company Acuinova Chile SA, currently in bankruptcy, for 120 million dollars.

In the first half of this year, Argentina seafood exports totaled 778.8 million dollars with a slight increase of 30 million dollars, and 3.9% over the same period of 2013 (749.6 million), reported the Directorate of Fisheries Economics from the Fisheries and Aquaculture Under Secretariat.

By Dr. Deborah Davidson - The South Atlantic Environmental Research Institute (SAERI) has been established since March 2012, and already has an expanding team of 12 employees based in Stanley (one of whom is a PhD student), five international PhD students, and three employees based in Ascension Island and one working in Saint Helena - all on various projects.

Representatives of the European Union (EU) and Morocco that make up the Joint Committee managed to solve all the practical issues which have been pending since the bilateral fisheries agreement was signed and that prevented the African country from issuing the fishing licenses.

Argentina's Federal Fisheries Council (CFP) has reassigned hake (Merluccius hubbsi) catches for the remainder of the year. According to Resolution 8/14, published in the Official Gazette, the vessel owners that considered themselves unable to capture the entire allocated hake quota, can partially return it to a reserve fund for future reallocation.

The Falkland Islands Fisheries Department has reported this year that squid fishing generated the largest annual capture since records began, representing a major boost to the Islands economy.

Recently released data shows that the Falkland Islands Gross Domestic Product (GDP) continues to be volatile: expanding considerably during some years and shrinking in others. For example, 2012, a year of intense hydrocarbons activity the per capita for a population of 2.562, in the books soared to £77.400.

China is interested in investing in Argentine port infrastructure and in setting up companies with access to the South Atlantic fisheries, according to reports from Shanghai where an Argentine top level delegation is currently negotiating in the framework of the China-Argentina cooperation agreement.

The Deepwater Group says the increase in the total allowable commercial catch (TACC) for hoki shows the benefits of a long term commitment to build biomass in this major New Zealand fishery. An increase in the hoki catch, from 150,000 to 160,000 tons, was announced on at the Seafood Industry Conference in Wellington by the Minister for Primary Industries Nathan Guy.

The approval of the creditors’ agreement considering reductions over 90% of the debt helped the Galician multinational firm Pescanova achieve a net profit of EUR 1,790 million in the first half of this year. The six-month accounts submitted to the Spanish National Securities Market Commission (CNMV) show the cancellation of the firm’s bulky insolvency has meant the entry of EUR 2,3 million, which in the accounts figure as income.