Marine Harvest Chief Says Salmon Supply Squeeze Will Persist

Chile Coho Whole. Photo: Marine Harvest.

Aug. 20 (Bloomberg) — Marine Harvest ASA, the world’s largest salmon farmer, expects supply to fall short of demand as Chile’s output will take as many as six years to return to levels seen before a virus ravaged its fish farms.

“It will take long for Chile to come back to volumes they used to have,” Chief Executive Officer Aase Aulie Michelet, 56, said in an interview yesterday at the company’s headquarters in Oslo. “We will be undersupplied for a while.”

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