Chile's salmon farms losing up to $800 mln from algal bloom

miércoles 9 de marzo de 2016 23:00 GYT

By Anthony Esposito

SANTIAGO, March 9 (Reuters) - A deadly algal bloom has hit the world's second biggest salmon exporter, Chile, where nearly 23 million fish have already died and the economic impact from lost production is seen soaring to $800 million, industry and government sources told Reuters.

There are so many dead fish, they could easily fill 14 olympic-size swimming pools, said Jose Miguel Burgos, the head of the government's Sernapesca fisheries body.

Unusually high ocean temperatures, due in large part to the El Niño weather phenomenon, have fueled the algal bloom that has affected 37 of the nearly 415 salmon farms operating in southern Chile. Most of the farms are in ocean enclosures or in estuaries.

"Temperatures are 2 to 4 degrees (Celsius) above average for this time of the year, there's a lot of sunlight, a lack of rain and very mild winds, all of which are conditions for the micro algae to appear," said Burgos.

El Niño leads to hotter sea temperatures in the west Pacific Ocean, which means more rain falls on South America and less in Australia and South East Asia.

But for Liesbeth van der Meer, who heads the Oceana environmental group in Chile, runoff from neighboring livestock creates concentrations of nitrogen that when mixed with the above-normal temperatures, create the ideal scenario for the algae to grow.

Salmon farms near the southern city of Puerto Montt and the Chiloe island have borne the brunt of the toxic algal bloom.

Producers Marine Harvest, Australis Seafoods , Compania Pesquera Camanchaca, Blumar , Multiexport Foods, Cermaq Group AS and Empresas AquaChile have all seen some of their salmon farms affected, according to data provided by the Economy Ministry and company filings with Chile's SVS securities regulator.   Continuación...