IIN BRIEF - Peru’s anchovy quota is nearly half fulfilled, but El Niño begins to affect subsequent fishing
PERU
Monday, December 04, 2023
Peru is one month into its second anchovy fishing season. As of November 20, a total of 802,346 tons had been caught in the central and northern regions, accounting for 48% of the total quota (1.68 million tons). Industry insiders remain cautiously optimistic about the remaining 52% quota.
Only 27 days into the fishing season, a warm "Kelvin wave" appeared in the fishing area, affecting the normal operations of fishing vessels.
The Peruvian National Marine and Hydrological Service (ENFEN) stated that the intensity of El Niño events has decreased recently, but it still has a certain impact. As summer approaches, changing ocean conditions are causing industry insiders to worry about remaining quotas. In addition to the Kelvin wave problem, rising seawater salinity in Peruvian waters has also slowed down fishing progress.
In Peru, fishmeal prices remain relatively high, while fish oil prices, which had hit record highs earlier this year, edged further higher due to low production. Currently, the price of CIF China's special-grade fishmeal is US$2,150/ton, the asking price of high-quality fishmeal is US$2,100/ton, and the price of standard-grade fishmeal is US$1,820/ton. Fish oil prices have reached new highs, with recent trade prices at $9,600/ton.
Source: Zhejiang Zhoushan International Agricultural Products Trade Center
Balanced Supply and Demand Keep Prices Steady in Major Production Hubs
A recent survey by Cepea (Center for Advanced Studies on Applied Economics) indicates that tilapia prices remained predominantly stable during the week ending January 2, 2026. The data suggests a harmonious balance between supply and demand as the new year begins, with only minor price fluctuations recorded across the country's primary production centers.
Market Outlook
According to Cepea researchers, these discreet fluctuations are typical for the beginning of the year. The market currently lacks any abrupt movements in supply or significant pressure from consumer demand, leading to the current plateau in pricing.
"The market is currently in a state of equilibrium, reflecting a period of seasonal normalcy without external shocks to the supply chain," the report noted.
Fisheries New Zealand has launched an investigation into potential illegal fish dumping after a spearfisher shared "gut-wrenching" footage of dead fish floating near Great Barrier Island.
The video, posted to social media by veteran spearfisherman Darren Shields, shows a trail of discarded fish on the water’s surface. Shields, who spotted the waste while out on the water, told reporters this is a symptom of a much larger crisis.
A Call for Stricter Limits
Shields highlighted a steady decline in local fish stocks, blaming both commercial and recreational overfishing. "We’ve been allowed to take too much for too long," he said. "The population is growing, more people are on the water, and we need to adjust our limits to allow for that."
He is calling for an end to bottom trawling, arguing that the method is inherently destructive and leads to the capture of undersized or non-quota species that are often discarded.
The Official Response
Fisheries NZ has already identified a commercial vessel operating in the area at the time of the report. Regional Manager Andre Espinoza confirmed that officials are reviewing:
"Illegal discarding is relatively rare due to the prevalence of cameras and real-time tracking," Espinoza stated, "but we take every complaint seriously."
If an offence is proven, the vessel operators could face significant fines or the forfeiture of their vessel.
The Ombordfryst 2026 conference in Ålesund will bring together more than 450 experts in ocean fishing to analyze frozen fish markets, threats in the north, and fleet technology.
The Ombordfryst 2026 conference, organized by the Norwegian Seafood Council, Fiskebåt, and Nordea, will take place on January 8, 2026, at the Scandic Parken Hotel in Ålesund, Norway, solidifying its position as one of the most important trade fairs and meetings for the ocean fishing fleet and the frozen fish sector.
It wants to "learn" from other management models to take advantage of the proliferation of this species on its coasts
It is already evaluating a quota system
In the English counties of Devon and Cornwall, the octopus is an anecdotal species. On the three occasions when it has not been, when it has proliferated in abundance on their coasts—in 1899, 1950, and 2025—it has been considered a "plague." "In the last two or three months, this coast has been visited by a perfect plague of octopuses. They have practically ruined the industry, and many shipowners have tied up their boats in despair [...] They are the most disgusting beasts," published the local newspaper, the Western Evening Herald, founded four years earlier, on December 18, 1899. Even now, when this cephalopod mollusk is a globally sought-after product, it carries the same stigma in these parts of England.
Author: Lara Graña / Faro de Vigo | Read the full article here
The Chilean Undersecretariat of Fisheries and Aquaculture (Subpesca) has published its latest edition of the “Aquaculture Environmental Report,” which covers the 2023-2024 period. The report concludes that Chilean aquaculture “maintains satisfactory environmental performance, with a stable trend—in a scenario of production growth—in the main indicators of seabed quality and a sustained improvement in the recovery processes of sites subjected to environmental stress.”
In more detail, the report indicates that, regarding the environmental condition of the fish farms, the analysis of the Environmental Impact Assessments (EIAs) shows that the vast majority of the evaluated sites present aerobic conditions
Source: iPac.acuicultura | Read the full article here
Optimar has secured a major aquaculture contract to supply harvesting and slaughtering equipment to a new fish farming project in Kazakhstan, marking the company’s first delivery to the country and a significant expansion of its international footprint.
The deal is with Organic Fish, which is developing a modern trout farming operation in the Caspian Sea. The project aims to reach an annual production capacity of around 5,000 tonnes within three to four years. Optimar will deliver a complete harvesting package for offshore operations and a slaughterhouse package for land-based processing.
A Japanese sushi magnate has paid a record-breaking £2.4 million for a giant bluefin tuna at Tokyo’s famous New Year fish auction. Kiyoshi Kimura, widely known as the “Tuna King,” placed the winning bid of 510.3 million yen for the 243-kilogram fish, which was caught off the northern coast of Japan.
Speaking after the pre-dawn auction at Tokyo’s main fish market, Kimura admitted he had not expected the price to climb so high.
The price paid was the highest recorded since auction data began being collected in 1999. The previous record was set in 2019, when a 278-kilogram bluefin sold for 333.6 million yen shortly after the market relocated from the historic Tsukiji site to a new, modern facility. Last year’s top tuna fetched 207 million yen.
Data from EUMOFA paints a picture of resilient demand, but with subtle adjustments driven by seasonality, differences between species, and increased price sensitivity.
For years, tuna has occupied a unique place in the landscape of fish consumption in Europe. It's a versatile product: it suits different budgets, is sold in a wide variety of formats—from fresh to canned—and regularly appears on the shopping lists of millions of households. Precisely because of this constant presence, analyzing how tuna (and related species) is bought and consumed offers valuable insights not only into this product but also into the overall state of the food market and the fishing industry.
The draft Law on Control, Inspection, and Sanctions for Maritime Fishing, promoted by the Ministry of Agriculture, Fisheries, and Food (MAPA), has begun its parliamentary process in the Congress and the Senate after its approval by the Council of Ministers on October 21. Pending debate, this is one of the laws—as of the publication of this article—threatened by the obstruction of the national government by Junts per Catalunya.
The text updates the fisheries control framework in Spain in accordance with European Union regulations and seeks to guarantee compliance with the Common Fisheries Policy while strengthening the sustainability of fishing activity.
Source: Industrias Pesqueras | Read the full article here
Salmon farming project in Fukushima advances toward commercialization.
A land-based aquaculture project focused on Benizake, or sockeye salmon, in Fukushima Prefecture is moving from pilot scale toward commercial development after expansion plans were selected for national subsidy support.
The project is being undertaken jointly by Okayama University of Science, Nippon Telegraph and Telephone East Corporation, and Ichii Inc.. The partners plan to expand operations and construct new facilities in Namie, following their selection under Japan’s Subsidy for Business Location to Support Self-Reliance and Return, and Create Employment.
Source: SalmonBusieness | Read the full article here
Far East Fleet Deployed as 2026 Sea of Okhotsk Fishing Season Begins Russia Fed.
Pollock and Herring Harvest Targets Set Following Record-Breaking 2025 Yields
The Russian Far East has officially launched the 2026 Sea of Okhotsk fishing season, known as Season "A". This critic...