The Japanese conglomerate Mitsubishi Corporation plans to produce about 100,000 tonnes of salmon annually in Chile, if it manages to purchase the Norwegian company Cermaq.
Mitsubishi announced this week that it offers a payment of around USD 1,400 million to purchase the whole of Cermaq, which has operations in Norway, Canada and Chile.
This transaction would turn Mistubishi into the second largest farmed salmon producer worldwide.
Following this announcement, Mitsubishi Corporation’s Corporate Communications Division told the newspaper Estrategia that considering the 80,000 tonnes produced in Cermaq at present in the cou...
Spain and Portugal defend recovery plan for Iberian sardine Spain
Fisheries authorities from Spain and Portugal participated in a technical meeting with the services of the European Commission, to explain in detail the proposal of a multi-year management plan for the recovery of Iberian sardine prepared by both countries.
Minister rejects industry request on footage exempt New Zealand
Fisheries Minister Stuart Nash is committed to achieve transparency in the fisheries management system, so he discarded a request from the fishing industry to exempt footage collected on boats, as the Official Information Act requires.