October 18, 2007

Fish disease in Chile dents Marine Harvest's catch

Fish diseases in its Chilean operation is causing Norwegian-based fish farmer Marine Harvest ASA to cut its 2007 harvest estimate.

The harvest estimate has been cut back 335,000-345,000 tonnes of gutted weight from the previous figure of 370,000-390,000 tonnes, a drop of 9.5 percent to 11 percent.

The challenging biological situation in Chile lower expected volumes to be harvested in the third quarter and would continue the fourth quarter, the company said.