The Company Salmones Humboldt was born as a continuation of a project Igesur S. A
This project included purchase request and aquaculture concessions, infrastructure and smolt for opening the first center on growing sites in 2006. That same year joined the company the company Pesquera Coloso S. A. in order to promote this project on a larger scale production, giving birth to SALMONES HUMBOLDT.
2011- Mitsubishi Corporation (MC) will accelerate expansion of its salmon (including trout) farming business through the acquisition of Salmones Humboldt S.A. (SH) through its subsidiary company, Southern Cross Seafoods S.A. (SCS). The transaction value of this acquisition is approximately USD 125 million (JPY 10 billion).
SH has salmon farming assets which fully integrate fresh water farming, sea water farming and processing plants. Through these facilities, SH has farming and processing capacity of 20,000mt/year. By adding these facilities to the current trading operations and 10,000mt/year farming capacity currently held by SCS, MC aims to establish stable supplies of farmed salmon for the Japan, US and European markets, as well as for rapidly expanding markets in emerging nations.
Fishing deal with China would settle maritime dispute Philippines
A joint fishing agreement reportedly being discussed between China and the Philippines is deemed a significant step forward in the relations between the two countries after an old maritime sovereignty dispute.