Selmar was established in the late 70s between an incipient development of the fishing industry, but it was not until 80s where the company grew in the area of marine electronics in Chile. This development brought intensive work first in Talcahuano and then in the north of Chile. The old tube technology opened the way for the new generation of integrated circuits. The need for repair of acoustic equipment, navigation equipment and communication also gives the fruit to a new activity and as a result Selmar Ltda born as marine electronics service company. In mid 80's the need to incorporate new equipment in the marine area emerged in the north and south of Chile, which led Selmar to search and get the representation of the longest existing company in the area of marine electronics in the world, JRC. In early 90s Selmar plans carefully a new stage in business, keeping the activities that was developing at the moment and and expanding the business to high sea vessels, Army shipyards and individuals (sport fishing and sailing). Together with this change, our company develops inspections, repair, installation and maintenance of marine electronics equipment in foreign countries.
Cod captures register strong decline off New England United States
Since a while ago, the United States has been forced to import cod from Norway, Russia or Iceland in the north Atlantic due to the decline of the fishery in New England, where the federal government has reduced capture quotas.
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.