Chile-China salmon farming trade alliance appoints new managing director

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Nicolás Terrazas replaces Erwin Campos at New World Currents.

New World Currents (NWC) was formed in 2013 following the union of five consolidated Chilean salmon companies (Australis, Blumar, Camanchaca, Yadran & Marine Farm) and was created exclusively for competing in the Chinese market.

According to the site, the Shenzhen-based New World Currents accounts for 30% of all Chinese imports of Chiliean salmon.

Nicolás Terrazas PHOTO: LinkedIn

Nicolás Terrazas will replace Erwin Campos, who is leaving the organisation to take on new responsibilities with Camanchaca,  a company he’s worked with in the past, as reported in Aqua.cl.

An agronomist with a master’s degree in economics, Terrazas was the commercial director of Agrosuper’s salmon operations (Los Fiordos) overseeing a portfolio of USD 320 million in yearly FOB sales.

He was also the sales director for Agrosuper’s US fresh and frozen salmon operations, executing yearly sales of USD 120 million.

The South American country is concentrating its efforts on the lucrative Asian giant with good reason. China salmon exports rose from nearly 12 thousand tonnes in the first six months of last year to about 24 thousand tonnes in the same period of 2018.