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IN BRIEF - Fisheries will grow by 250,000 tonnes if the Hague favors Peru

Wednesday, January 15, 2014

The fisheries sector in Tacna would be one of the main beneficiaries if a favorable verdict wii be provided to Peru at the International Court in The Hague. The verdict , which will end the dispute with Chile over a sea area , will be issued on 27 January.

The regional production director , Luis Muñante said that if the positive result would have a larger area of ??sea for fishing. This was reflected in an increase in production hydrobiological 250 thousand tons per year. The amount is currently extracted by the neighboring country of Chile, the area in dispute, and is the third of its fish production.
If Peru obtained the sovereignty of the area would be allocated 20% of the volume of production for direct human consumption and the remaining 80 % for industrial fishing. Among the species that focus on most in the area are mackerel, anchovies, tuna and parrot .
They are currently thirteen Peruvian fishing vessels are detained in Arica for having entered the area remains in dispute with Chile to perform fishing operations.
Source : larepublica.pe

IN BRIEF - Peruvian Company First To Offer Four-Star BAP Trout

Friday, July 08, 2016

Congratulations to Peruvian Andean Trout S.A.C., the world’s first company qualified to offer four-star Best Aquaculture Practices (BAP) trout.

The company became eligible to offer four-star BAP trout upon BAP certification of its processing plant in June 2016. Peruvian Andean Trout’s farm and hatchery were also recently BAP certified. Located in the Peruvian Andes, all three facilities graduated from the iBAP program, a precursor to full BAP certification, early this year.

Peruvian Andean Trout sources feed from BAP-certified feed mills owned by EWOS Chile Alimentos Ltda. and Biomar Chile S.A., completing its four-star Bap status. Four-star BAP status denotes that a product originates from a BAP-certified processing plant, farm, hatchery and feed mill. It’s the highest achievement in the BAP program.

Source: BAP

IN BRIEF - Peru fishmeal prices spike as market fears shortened anchovy season

Monday, June 06, 2016

Fishmeal prices are approaching USD 2,000 a metric ton as the market fears survey results, expected this week, will confirm this season will be short with lower quotas

Prices for super-prime fishmeal touched USD 2,000/t FOB as the industry awaits the first data from a second survey carried out by Peru’s marine research institute, known as Imarpe, an industry source said.

Another source said super-prime trades have been carried out for more than USD 1,900/t.

The key number the industry is waiting to hear is the quantity of biomass in the sea. Imarpe identified a biomass of 4.4 million metric tons in its first survey earlier in 2016, prompting the decision to delay the season. The second survey needs a reading of over 5m tons for the season to begin, the institute said at the time.

Source: Undercurrent News

IN BRIEF - Austral Group posted losses for US $ 7.7 million in 2015

Wednesday, March 02, 2016

This result was better than the loss of US $ 27 million in 2014. The improvement was due to increased cost efficiency.

Sales of Austral Group decreased by 7% compared to 2014 due to the absence of the second fishing season in 2014. This affected the inventories available for sale in the first quarter of 2015, so sales fell by 62% over the same period of 2014. also, according to the report Austral management, sales had their biggest drop in the fourth quarter (-73%) due to late start of the second season.

Despite this, net income increased by nearly US $ 20 million thanks to a greater cost efficiency: cost of sales fell by 21% yoy. Thus, EBITDA increased by 71% compared to 2014.

IN BRIEF - The "Niño" and the Bonito phenomenon

Wednesday, March 02, 2016

As a result of the phenomenon "El Niño" has favored the increase of some species of opportunity in the Peruvian sea. During the 2015 the capture of about 90 thousand tons of Skipjack (Bonito), show a historical figure  which has even quadrupled the registered 19,330 TN of 2014 , said the Deputy Minister of Fisheries and Aquaculture, Juan Carlos Requejo Aleman.

The Deputy Minister said that increase catches of Bonito over the last decade show a growing trend, according to statistics landing between 2005 and 2015, prepared by the Department of Artisanal Fisheries PRODUCE, last year there were 88.324 TN resource . "In 2008 a significant figure was reported, however it did not reach even half of the current: 42.871 TN" added Requejo Aleman.

"Other species are present in abundance shrimp and barnacles in the north; Also horse mackerel, mackerel and snail in the center and south; as well as sharks and parrot, " said Requejo Aleman

Also he said catches are mainly due to displacement of effort of the artisanal fleet and smaller-scale purse, passing the beautiful anchovy, whose market value is higher.

IN BRIEF - Dosidicus Gigas: poton catches improved last week

Tuesday, February 02, 2016

Last week increase prominently of squid Dosus Gigas catching

According to the records of landings daily levels were the following (approximate quantities):

  • 26.01.2016 ............ 200 tons
  • 27.01.2016 ............ 350-400 tons
  • 28.01.2016 ............ 180 tons
  • 29.01.2016 ............ 250 tons
  • 30.01.2016 ............ 380-400 tons
  • 31.01.2016 ............ only 50-70 tons (boats are still to be out by day Sunday)

Despite the increase in catches still fails to lower the price of the raw material of around 1.40 soles.

Anyway the season still remains low and many fishermen still are on vacation. Paita thing in this very difficult because the weather did not help and in the area of Chimbote has dropped catches.

IN BRIEF - Camposol Holding Ltd. reports First Quarter 2015 Results

Wednesday, May 20, 2015

LIMA - Camposol Holding Ltd. sold 24,598 net MT during the first quarter of 2015, up 0.9% from Q114 mainly explained by an increase in volumes of shrimp, other seafood products and blueberries, as well as lower volumes of mangos and asparagus. The average price was USD 2.92 per net KG, up 17.7% from Q114 mainly explained by an increase in prices of preserved white asparagus, blueberries and fresh mangoes.

As a result, Camposol Holding Ltd. reported sales of USD 71.7 million in the first quarter of 2015, up 18.6% from Q114 mainly due to an increase in volume sold of peppers, shrimp and other seafood products. Average cost of goods sold during Q115 was USD 2.42 per net KG, up 37.5% from Q114 mainly explained by an increase in costs of white asparagus, shrimp and peppers, due to lower yields.

Source: Market Watch



Monday, February 09, 2015

  • The Regional Fisheries Management Organisation established the South Pacific that Peru will catch 7,400 tons in 2015.
  • The announcement was made by Deputy Minister of Fisheries, who led Peruvian delegation meeting held in New Zealand,

The Ministry of Production (PRODUCE) today reported that the Regional Fisheries Management Organisation South Pacific (RFMOs-PS) increased by 75% the mackerel catch quota allocated to offshore Peru, establishing extraction of 7,400 tons during 2015.

This action was described as a major achievement by Deputy Minister of Fisheries, Juan Carlos Requejo, head of the Peruvian delegation, while participating in the Third Regular Meeting of the RFMO-PS, held in Auckland (New Zealand) between the 30 January and 6 February last.

The Requejo deputy also reported being requested by the Peruvian Parliament legislative approval of RFMOs-PS Convention by the Supreme Resolution No.013-2015-RREE, so that at the next meeting of the organization, to be out in January 2016, Peru becomes effective participation in country status Member of the Convention.

Note: Basic tanslation from Spanish

IN BRIEF - Chilean and Peruvian Fishermen make negative statements about The Hague decision

Thursday, January 29, 2015

On both sides of the border, fishermen make negative statements about the consequences left by the verdict of the International Court of Justice.
A year ago, the The Hague Court ruled that the maritime boundary between Chile and Peru started in Milestone 1 and not in the Concordia Point postulated by Lima, but that the parallel line would be projected only up to 80 nautical miles, what Chile meant for the loss of about 22,000 km2 of EEZ, since from the last point equidistant line would extend to 200 miles.
According to an article in El Mercurio Online, the veredict generated mixed reactions: moderation between the Chilean authorities, relative satisfaction among Peruvian, and fear and benefit in the case of artisanal fishermen in the area, respectively.
In Peru things are no different. In contrast, artisanal fishermen are not happy because they expected the failure of benefit, as their authorities assured when the opinion was known, "but nothing happened."
Source: gestion.pe (basic translation from English)

IN BRIEF - SNP welcomes the government's decision to allow industrial fishing from the mile 5

Monday, January 12, 2015

Lima - La Sociedad Nacional de Pesquería (SNP) welcomed the enactment of Supreme Decree 001-2015-Produce, which allows industrial fishing from the mile 5 in the south of the country, as one of the measures announced by the Government to resolve the crisis drags the fisheries sector since last year.

The president of the SNP, Elena Conterno, said that rule, which was published on the 9th in the official newspaper "El Peruano" help unlock industrial fishing, because it makes possible to access the resource that is adjacent to the coast where the depth is greater than in other parts of the Peruvian coast.

Conterno also welcomed the decision of the Ministry of Production to conduct an investigation to determine the biomass level that exists in the south, which will determine the date of resumption of fishing operations in that area. "We hope that it can now announce the resumption of anchovy fishing in the south in the coming weeks, which will alleviate the crisis affecting the sector since last year," he added.

IN BRIEF - Fish Meal Prices Are Seen ‘Explosive’ on Peru Shortfall

Thursday, October 16, 2014


Peru’s production of fish oil and meal may plunge in coming months, potentially creating an “explosive” price situation, researcher Oil World said.


Peru’s oceanographic institute Imarpe found low fish stocks during a summer survey, and has advised not opening a second fishing season before a new evaluation in late October or early November, Hamburg-based Oil World wrote in a weekly report.

Fishmeal prices in Peru rose 1.2 percent to PEN 1,720 a metric ton as of Oct. 9 from a week earlier, and are up from PEN 1,300 a year ago, data from Oil World show. Peru is the world’s largest fishmeal exporter.

Source: Business Week


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