Welcome   Sponsored By
Subscribe | Register | Advertise | Newsletter | About us | Contact us
   


'...in Argentina export duties are paid and the exchange rate is controlled...'

Contessi launched its 149th boat and demanded a free exchange rate

Click on the flag for more information about Argentina ARGENTINA
Tuesday, September 17, 2024, 06:50 (GMT + 9)

During the presentation of the trawler “LITO”, the president of the shipyard Federico Contessi took the opportunity to express his concern about the current situation of the sector, criticizing the inflation in dollars and pointing out that Argentine companies "are, by far, the ones that pay the most in the world for access to the resource."

On a sunny spring afternoon, the Federico Contessi y Cía. S.A. shipyard yesterday celebrated the launching of its 149th fishing vessel, the F/V “LITO”, built for the ship-owning firm Insolito S.A. This boat, 24.10 meters long, was originally part of a multiple contract signed in 2021 under the name “Huafeng”. However, it changed ownership before its launch, reflecting the complex context that the fishing industry is going through.

The shipyard, which had seven vessels under construction simultaneously, freed up a slipway more than 90 days ago that is still empty, something that had not happened for a long time, which shows the impact of the crisis on the naval and fishing industry.

Domingo Contessi, president of the shipyard, began his speech by thanking the Arbumasa group and the Di Bona family, who have a fishing tradition in Argentina for more than 50 years. He also recognized and asked for applause for the shipyard workers and professionals, thanking them for their commitment to the national industry.

In another relevant passage of his message, Contessi stressed: “The majority of businessmen understand that it is essential to eliminate inflation and order the macroeconomy. We support the efforts to maintain the fiscal surplus, but exporters suffer from inflation in dollars that erodes our capacities month after month, greatly complicating the pricing of long-term projects and affecting our competitiveness.”

He added emphatically: “We do not want another devaluation, but it is imperative that the official exchange rate ceases to be controlled and becomes completely free.”

Contessi also warned of the risk of a deeper crisis in the fishing and naval sectors if action is not taken promptly: “The predictability of quotas is important, but so is profitability. The sector should not be ashamed to recognize that some farms are in deficit, and opening up its numbers is essential to moderate and rationalize negotiations with suppliers, unions and governments. If we do not do so, the crisis will worsen, putting companies, jobs and the future of the industry at risk.”

Finally, he referred to the controversy over the contributions of the fishing sector:  “Some claim that fishing companies do not pay for the resources they extract, but the reality is that they face an overwhelming tax burden, recognized even by the government itself. Unlike other countries, in Argentina export duties are paid and the exchange rate is controlled. These conditions make Argentine fishing companies, by far, the ones that pay the most in the world for access to resources.”

[email protected]
www.seafood.media


 Print


Click to know how to advertise in FIS
MORE NEWS
Norway
Jul 7, 00:10 (GMT + 9):
Norwegian Seafood Exports Soar: Herring and Mackerel See Record Prices and Strong Demand in First Half of 2025
United States
Jul 7, 00:10 (GMT + 9):
End of an Era: Beloved US Lobster Purveyor Files for Bankruptcy After Decades of Service
Mexico
Jul 7, 00:10 (GMT + 9):
Mexico Bets Big on Tilapia Self-Sufficiency: Boosting Aquaculture as a Pillar of Food Sovereignty
Spain
Jul 7, 00:10 (GMT + 9):
Spanish Fishing Seeks Revival: II Seafood Forum Drives Innovation and Sustainability Amid Falling Consumption
France
Jul 7, 00:10 (GMT + 9):
Chilean Companies Successfully Boost Seafood Products in the French Market
Japan
Jul 7, 00:10 (GMT + 9):
Mori Trust Invests Big in Sustainable Land-Based Salmon Farming in Japan
Argentina
Jul 7, 00:00 (GMT + 9):
Argentina Authorizes U.S. Research Vessel Falkor (Too) to Conduct Scientific Work in National Waters
Uruguay
Jul 6, 00:10 (GMT + 9):
ALPESCAS Urges Resolution in Labor Conflict Threatening Uruguayan Industrial Fishing
United States
Jul 4, 15:00 (GMT + 9):
IN BRIEF - National Fisheries Institute Statement on Section 139L of the OBBB Act
Viet Nam
Jul 4, 07:00 (GMT + 9):
US Tariff Pressure Casts Shadow Over Vietnam's Seafood Exports, Slowing Growth in June
South Korea
Jul 4, 06:00 (GMT + 9):
South Korea's Frozen Mackerel Imports Skyrocket in First Half of 2025
China
Jul 4, 00:10 (GMT + 9):
Global Squid Prices See Significant Rise in June Driven by Supply Shocks
Norway
Jul 4, 00:10 (GMT + 9):
Norwegian Salmon and Trout Conquer Global Markets Amidst Shifting Tides
Norway
Jul 4, 00:10 (GMT + 9):
Norwegian Seafood Exports Hit Record High in First Half of 2025
Faroe Islands
Jul 4, 00:10 (GMT + 9):
Bakkafrost Reports Strong Q2 Harvests, But Scottish Mortality Costs Soar



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Scientists Convene in Shanghai to Discuss Giant Squid Conservation and Management
China Experts underscore the urgent need for enhanced biological and stock knowledge of the resource. Shanghai - The president of the Committee for the Sustainable Management of Giant Squid (CALAMASUR...
New Report Unlocks Opportunities for Norwegian Snow and King Crab in the U.S. Market
United States Fresh insights aim to strengthen Norway's premium position amid rising demand and unique market advantages. OSLO – Norway's seafood industry is strategically positioning itself globally, with sig...
Global Squid Prices See Significant Rise in June Driven by Supply Shocks
China The overall price index for China's ocean-going squid surged in June 2025, reaching 281.07 points. While the Southwest Atlantic saw a supply glut, sudden fishing closures in the Southeast Pacific and ...
Indonesian Fisheries Sector Sees Strong Growth in Q1 2025, Exports Up 6.5%
Indonesia Fisheries production rises 2%, signaling positive trends for national food security and economic contribution. JAKARTA – Indonesia's fisheries sector demonstrated robust growth in the first qua...
 

Umios Corporation | Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation - Wartsila Group Headquarters
ITOCHU Corporation - Headquarters
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
AquaChile S.A. - Group Headquarters
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods, Inc
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO - Food and Agriculture Organization - Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Brim ehf (formerly HB Grandi Ltd) - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Grupo Pereira Headquarters
Costa Meeresspezialitäten GmbH & Co. KG
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Mowi ASA (formerly Marine Harvest ASA) - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation - Headquarters
Cooke Aquaculture Inc. - Group Headquarters
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart | Wal-Mart Stores, Inc. (Supermarket) - Headquarters
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2025 Seafood Media Group Ltd.| All Rights Reserved.   DISCLAIMER