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Marine Harvest cuts harvest targets due to Chilean fish disease

CHILE - Norwegian-based fish farmer Marine Harvest ASA has cut its 2007 harvest estimate to 335,000-345,000 tonnes of gutted weight from the previous figure of 370,000-390,000 tonnes.

The cut back is due to ongoing problems with the health of its fish stocks in Chile.

'Mainly as a result of the challenging biological situation in Chile lower volumes than expected have been harvested in the third quarter,' the firm said, adding that these problems are expected to continue in the fourth quarter.

Source: Forbes.com