Chilean salmon farmer Blumar is taking stock of the impact of a recent harmful algal bloom which killed over 3,000 tons of its fish, estimating a direct financial loss of US$ 8.5 million.
The Chilean salmon farming company has joined The Nature Conservancy Chile and the Universidad de Los Lagos in a project that aims to contribute to developing multi-trophic aquaculture.
In addition to a financial fine, the Chilean salmon producer faces the suspension of a production cycle for submitting false information to Sernapesca.