The problems Cermaq faced in its Chilean salmon farming division contributed to a weak half-year result the company presented last week.
The biological challenges of farming salmon in Chile have been common knowledge for a long time, but it is surprising these problems had such a negative impact on the bottom lines of companies operating there.
Both Marine Harvest and Cermaq have their head offices in Oslo, Norway, and it isn’t always easy for group management to be completely hands on when a troubled division lies between 18 and 24 hours away by air.
Chile
