Three fishing companies of Santa Catarina have shown a warning sign about the crisis faced by the fishing industry in this state in southern Brazil, a situation attributed to the imported products, the strengthening of the US dollar and the adjustment in fuel and electricity prices.
Leardini, located in the town of Navegantes, carries a debt of BRL 121 million (USD 38.4 million). Their executives argue that this is due to the rising dollar, the decline in raw materials and the difficulty in obtaining loans,...
Two subsidiaries of Pacific Andes request to be declared bankrupt Hong Kong
As part of its restructuring process, Pacific Andes International Holdings (PAIH) announced that two indirect subsidiaries, Golden Target Pacific Limited and Nouvelle Foods International Limited, have filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code.
New fishing technology is 'a double-edged sword' Spain
A research study conducted by the Institute of Environmental Science and Technology of the Universitat Autònoma de Barcelona shows that future improvement of fishing technology poses a threat for the global fishery that could be greater than climate change.
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