Distribution of company announcements to the professional platforms, finance portals and syndication of important corporate news to a wide variety of news aggregators and financial news systems.
Lima 13, Norway, Apr 11, 2008 - (ABN Newswire) - On 10 April 2008, PRODUCE, the Peruvian Ministry of Production's Fishing Vice Ministry, entity that executes and directs the sector policies to guarantee the rational management of fishing resources and the preservation of the environment, issued resolution 434-2008-PRODUCE authorizing the start of the first fishing season in Peru.
IMARPE (Instituto del Mar Peruano), the scientific entity that studies sea biomass in Peru, estimates in a report dated 12 October 2007 the current biomass to be around 7.7 million tons.
Based on this report PRODUCE authorizes the first anchovy fishing season to begin on 21 April at 00:00 hours with a quota of 3 million tons, to be distributed in two periods.
The quota will be distributed as follows:
From 21 April to 10 May - up to 2 000 000 tons From 2 June - up to 1 000 000 tons
If in period (a) the capture exceeds the allowed quota, the excess will be taken off the second period quota of the first fishing season
The list of all vessels currently authorized to catch anchovy in the following fishing season, can be found via PRODUCE's portal: www.produce.gob.pe
For further information, please contact: CEO Samuel Dyer, sdyerc@copeinca.com.pe CFO Eduardo Castro-Mendivil, ecastromendi@copeinca.com.pe Tel. (511) 213-4000
About Copeinca ASA Copeinca ASA is one of the largest fishmeal and fish oil producers in Peru. The Company produces its fishmeal and fish oil from anchovy harvested off the coast of Peru, and most of it's production is exported. Key countries for export are China, Japan, Germany, Canada, Chile and Denmark. Typical customers are fish and animal feed producers. Copeinca ASA runs its operations out of Lima and has its fleet. Copeinca ASA has 11 plants located in strategic locations all around the Peruvian coast line. The company has around 1,300 part and full time employees.
