A native of San Francisco, Christian Molinari has lived and worked in Chile for over 20 years, after having arrived in Santiago as a volunteer and falling in love with the culture and its people. He covered business news in Latin America for over a decade, worked in communications at IBM Chile, and currently freelances in strategic communications and reporting.
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The defense for Chilean businessman Isidoro Quiroga and his family has called for the annulment of an arbitration award issued by the Santiago Chamber of Commerce tribunal in favor of salmon-farming firm Australis.
Asesorías e Inversiones Benjamín, which represents the Quiroga family’s interests, filed the appeal on 3 October at the Santiago Court of Appeals, requesting the decision in favor of Chinese seafood firm Joyvio be
… Read MoreChile’s Supreme Court has ordered salmon-farming firm Nova Austral to go back to the books and come up with a new proposal for its financial reorganization.
Upon reviewing the resolutions of the Court of Porvenir and the Court of Punta Arenas, the highest court, in a 26 September ruling, struck down a previous order to liquidate the company, but confirmed that the reorganization agreement – approved in January 2024 – contained
… Read MorePeruvian artisanal fishermen have launched widespread protests in the northern coastal city of Paita and surrounding areas over a resolution from the Production Ministry (PRODUCE) limiting the capture of “pota,” or the jumbo squid (Dosidicus gigas) – the second most important fishery in the country.
Some 90,000 protesting artisanal fishermen have blocked the area’s main roads and highways since 30 September, lighting
… Read MoreIn an effort to jumpstart the sluggish economy in Argentina’s southernmost province of Tierra del Fuego, government officials are considering removing the region’s ban on salmon farming.
In 2021, the local government in Tierra del Fuego unanimously approved a bill prohibiting salmon farming.
Environmentalists and other NGOs celebrated the move as a “historical precedent,” hailing it as a safeguard for one of the
… Read MorePeruvian industrial fishing company and fish oil and fishmeal producer TASA has kicked off an innovative program to turn operational waste into compost for use in beautifying the area surrounding its operations.
TASA’s Malabrigo plant, located in Peru’s northern coastal district of Rázuri, partnered with waste services operator Soluciones Ambientales to recover waste generated in the cleaning of the plant's equipment and
… Read MoreThe Chilean National Economic Prosecutor's Office (FNE) has accused seven companies that process king crab in the Magallanes region, as well as eight of their executives, for having colluded on prices between 2012 and 2021.
The FNE charged the accused of setting prices at which they bought king crab from artisanal fishermen and has now asked Chile’s Court for the Defense of Free Competition (TDLC) to levy fines for an equivalent of around
… Read MoreEcuador shrimp sector announces clean energy transition as protests over diesel prices engulf nation
Ecuador’s National Aquaculture Chamber (CNA) and the Sustainable Shrimp Partnership (SSP) have launched a collaborative project that seeks to improve energy security in the nation’s shrimp sector and identify a scalable roadmap for its transition away from diesel energy to cleaner sources.
More than 30 participants will engage in the first phase of the project, dubbed the Energy Working Group, in collaboration with Ecuador’s
… Read MoreChile’s Salmon Council announced that it is working closely with national and international authorities to address threatened salmon exports to Russia.
Earlier this month, the Russian Federal Service for Veterinary and Phytosanitary Supervision (Rosselkhoznadzor) warned that Chile had sent products to the country that violated Russian veterinary and sanitary requirements, including “repeated” discrepancies in necessary
… Read MoreChilean salmon-farming firm Salmones Camanchaca has completed a strategic refinancing agreement with DNB Bank, Cooperative Rabobank U.A., and Banco Santander-Chile in a transaction that provides up to USD 140 million (EUR 120 million) in committed credit facilities, the company announced in a release.
The move will extend debt maturities and lower financing costs, further strengthening the company’s financial position, and is a sign of the
… Read MoreEcuador’s government has signed an agreement with South Korea to ease restrictions on trade, and also inked a memorandum of understanding (MoU) with Japan to promote bilateral commerce, Ecuador’s Ministry of Production, Foreign Trade, and Investments announced in separate releases.
Ecuador signed a strategic economic cooperation agreement (SECA) with South Korea on 2 September, under which 98.8 percent of Ecuador's exportable
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