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Argentina’s Frozen Langostino Fleet to Set Sail Under New Wage Accord

The deal introduces a 70/30 wage split with a 9% deduction, setting the stage for a review ahead of the 2026 season.

Flota tangonera, amarrada en un puerto argentino
El entendimiento alcanza a más de 100 buques congeladores que permanecían amarrados desde hace meses.

Overview

  • Provisional agreement signed August 1–2 between fishing chambers, SOMU and government mediators ends a four-month freeze on 111 freezer trawlers.
  • The pact applies a 70/30 pay scheme with a 9% deduction on total receipts, translating to an estimated 12% real cut in production-based wages.
  • Vessels in Mar del Plata, Puerto Madryn and Puerto Deseado will sail in the coming days, restoring work for roughly 600 mariners and protecting processing plants.
  • Langostino landings dropped to 62,000 tonnes by July 22, down from 125,500 tonnes in the same period last year as international prices fell.
  • All parties committed to reassessing production values before the 2026 season to align collective bargaining terms with current market conditions.