Christian Molinari

Puerto Montt, Chile-based salmon-farming firm Ventisqueros has relaunched its premium coho salmon brand, Silverside, in Japan with a global campaign titled “Step into a Silverside.” “Japan has been a fundamental market since our inception more than 35 years ago. Today, it is consolidated as the most relevant destination for the Chilean coho salmon industry,” Ventisqueros said on its LinkedIn page. The brand relaunch, which took place in… Read More

Representatives from Chile, Ecuador, and Peru have come to an initial agreement regarding management of the region’s giant squid (Dosidicus gigas) fishery. Peru Deputy Minister of Fisheries and Aquaculture Jesús Barrientos, Chile Undersecretary of Fisheries Oswaldo Urrutia, and Ecuador Deputy Minister of Aquaculture and Fisheries Hugo Vera recently met in Lima, Peru – along with scientists, representatives of artisanal and industrial… Read More

Thai aquafeed manufacturer and distributor Thai Union Feedmill (TFM) has completed the incorporation and registration of its subsidiary in Ecuador with a USD 27 million (EUR 23.3 million) investment, the company announced to the Stock Exchange of Thailand. The investment will go towards building an aquaculture production facility in the country. According to the announcement, TFM will invest USD 23 million (EUR 19.9 million) in the company for… Read More

Chilean salmon farmer Multi X reported net profits of USD 19.5 million (EUR 16.8 million) for the second quarter of 2026, a 396 percent spike compared to profits of USD 3.9 million (EUR 3.3 million) in the same quarter of last year. In its earnings release, Multi X credited the solid financial performance on a more efficient operation, a commercial strategy focused on capturing greater value, and a solid financial position. Revenues for the… Read More

The Chilean Prosecutor’s Office will not proceed with a criminal case against businessman Isidoro Quiroga, the latest decision in a multi-year suit by Australis and its parent company, Chinese conglomerate Joyvio. The legal battle commenced in 2023 when Joyvio filed a lawsuit against Quiroga, Australis’ former owner, seeking USD 1.22 billion (EUR 1.07 billion) in restitution and damages, accusing him and former Australis executives of… Read More

German-based international group Saria has purchased 36.5 percent ownership of Chile-based Fiordo Austral – a company that uses organic byproducts and surpluses to produce animal and human nutrition products as well as agricultural products. The alliance brings together two companies with complementary capabilities, Fiordo Austral said in a release, noting that it brings nearly 30 years of experience, deep knowledge of the Chilean salmon… Read More

A constitutional court in Chile recently struck down a bill that would have allowed salmon-farming firms to forgo additional environmental assessment reports when moving their operations short distances. If approved, that procedure – known in Chile as “micro-relocations,” where a firm might attempt to move operations as little as a few meters to take advantage of more favorable variables such as depth, currents, waste dispersion, and… Read More

Applying lessons learned from 2023’s El Niño weather pattern that heavily disrupted fishing operations, Peru’s industrial fishing companies now have stronger liquidity ratios, better structured debt, and available credit lines, all of which is likely to help them mitigate adverse impacts expected from this year’s intensifying El Niño. Three years ago, the cancellation of Peru’s first anchovy-fishing season resulted in an estimated USD… Read More

Eight Ecuadorian shrimp-farming firms have been reauthorized to export products to China, Ecuador’s National Chamber of Aquaculture (CNA) announced in a statement. When contacted by SeafoodSource, CNA said it was not at liberty to disclose the names of the companies involved or the reason why the firms were barred from exporting to China to begin with. Some had been on China’s no-import list since October 2025 and others from January 2026… Read More

Chile has opened a new market for salmon exports after having completed the technical and sanitary process needed to ship to Nicaragua. Last November, Chile’s National Fisheries and Aquaculture Service (Sernapesca) agreed to an audit from Nicaraguan authorities that aimed to certify Chile’s phytosanitary controls. That authorization was then given in March of this year, after which negotiations over an export health certificate took… Read More