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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Thanks to better operational performance and higher international prices, Puerto Natales, Chile-headquartered salmon-farming firm AquaChile saw its net profits surge nearly 300 percent year over year in the first half of 2025.
During the six-month period, AquaChile brought in net profits of USD 118 million (EUR 102 million) in the first half of 2025, marking a 299 percent increase from the USD 29.6 million (EUR 25.5 million) posted in the first
… Read MoreSalmon-farming association SalmonChile has developed a nationwide campaign that aims to showcase the salmon industry’s contributions to the South American country’s economy.
According to a report published last year by polling agency Cadem, Chileans are mostly unaware that the salmon industry provides jobs to more than 80,000 people, that salmon is the country’s second-largest export product after mining, or that salmon farming
… Read MoreDespite claims to the contrary, threats to wildlife at Peru’s Paracas National Reserve are not coming from industrial fishing fleets, according to a recent Humboldt Institute for Marine and Aquaculture Research (IHMA) study.
The study, titled “Environmental Diagnosis of the Paracas National Reserve: Oceanography, Biodiversity, and Fisheries,” claimed that the real threat to the reserve is uncontrolled illegal, unreported, and
… Read MoreA Chilean arbitration tribunal has ordered Isidoro Quiroga, the previous owner of salmon-farming company Australis, and members of his family to pay USD 292 million (EUR 252 million) to Chinese seafood firm Joyvio, which currently owns the firm.
Joyvio purchased Australis from Quiroga in 2018 for USD 921 million (EUR 796 million). Following the sale, Joyvio alleged Quiroga and the board of directors hid, falsified, and adulterated critical
… Read MoreProminent private sector executives, former government authorities, leaders of environmental organizations, salmon industry experts, and the three leading Chilean presidential candidates recently gathered for this year’s Chilean Salmon Summit to determine how best to develop policies and strategies that ensure both economic productivity and environmental protection in the nation’s salmon-farming industry.
The summit, held on 22 July
… Read MoreMore than 30 million cans of imported canned fish sold in Chile are misleading the public with false labeling, according to a formal complaint filed by industrial fishers association Pescadores Industriales del Biobío.
The products in question, labeled as “jurel,” or jack mackerel, are imported from China and sold under brands like Coliseo, Barquito, Novamar, and Acuenta – the latter of which is the low-cost private
… Read MorePeru’s Production Ministry (PRODUCE) has closed the first anchovy fishing season for 2025 in the country’s North-Central region due to the high presence of juveniles in the catches.
PRODUCE said in a release that the move responded to “biological conditions that require immediate conservation action” to protect the spawning and juvenile stock, as recommended by its technical arm, the Peruvian Sea Institute (Imarpe). The
… Read MorePeru’s National Society of Artisanal Fisheries (Sonapescal) has launched an initiative to have the nation’s artisanal fishers install government-sanctioned SISESAT satellite tracking systems onboard their vessels.
The move aims to ensure safer, more sustainable fishing and grant greater opportunities for artisanal deep-sea fishing of jumbo squid and mahi.
SISESAT provides real-time information on the location of each vessel
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