Christian Molinari

Peru President Keiko Fujimori took office on 28 July, and during her inaugural address to the nation, she declared a national emergency focused on two areas: organized crime and threats resulting from El Niño. Some commentators have declared the weather phenomenon as the primary economic challenge for Fujimori's incoming government, possibly resulting in losses of up to PEN 16 billion (USD 4.7 billion, EUR 4.1 billion) for the Peruvian economy… Read More

Chinese seafood firm Joyvio, which owns Chilean salmon-farming company Australis, has launched a new legal proceeding against former Australis owner Isidoro Quiroga, marking the latest offensive in a court battle that has carried legal fees for both parties of around USD 50 million (EUR 44 million). The legal battle commenced in 2023 when Joyvio filed a lawsuit against Quiroga seeking USD 1.22 billion (EUR 1.07 billion) in restitution and… Read More

The United States Trade Representative (USTR) recently levied import tariffs between 10 percent and 12.5 percent on 59 countries and the entire E.U., explaining that the duties are related to the “failure of various economies to impose and effectively enforce a prohibition on the importation of goods produced with forced labor.” Chile was included in the group of 60 economies faulted by the USTR and, therefore, has been slapped with a 12.5… Read More

Landings of fish along Chile’s coast during the first five months of 2026 have fallen to their lowest level in a decade. Catch totals corresponding to industrial and artisanal landings reached 817,000 metric tons (MT) between January and May of this year, marking a 41 percent drop compared to the 1.4 million MT reached in the same period of 2025, according to Chile’s latest sectoral report from the Undersecretariat of Fisheries and… Read More

The Chilean branch of Norwegian aquaculture technology company AKVA group is advancing on the second phase of a USD 32.5 million (EUR 30 million) land-based smolt facility that salmon-farming firm Cermaq contracted it to build in 2024. Part of an ambitious USD 100 million project that Cermaq Chile announced in April 2024, the recirculating aquaculture system (RAS) smolt facility on Cermaq’s Chacao Canal Fish Farm (PCC) will have a production… Read More

An investor group has announced intentions to install a ARS 12.5 billion (USD 7.8 million, EUR 6.8 million) land-based recirculating aquaculture system (RAS) salmon farm in Argentina’s Tierra del Fuego province. The move comes after provincial legislators voted 8 to 7 at the end of 2025 to amend Law 1,355, which the Tierra del Fuego government unanimously approved in 2021 to prohibit salmon farming. At the time of the law’s passing, it was… Read More

Ecuador’s shrimp industry has signed an agreement with Conservation International Ecuador (CI-Ecuador) to promote the conservation and restoration of mangroves, including through technical studies, community-based initiatives, and the monitoring of mangrove initiatives throughout the country. Under the agreement – signed between CI-Ecuador, Ecuador’s National Aquaculture Chamber (CNA), and the Sustainable Shrimp Partnership (SSP) – the… Read More

A number of vessels belonging to China’s distant-water fishing fleet, some of which have been linked to illegal, unreported, and unregulated (IUU) fishing activity, have been serviced by the Chilean Navy, raising questions about potential conflicts of interest. Milko Schvartzman, the ocean policy coordinator at environmental NGO Circulo de Politicas Ambientales, has written a new report titled “Chile and the Chinese Distant-Water Squid… Read More

The Marine Stewardship Council’s (MSC) certification of Peru’s snake eel (Ophichthus remiger) fishery – finalized earlier this year – will grant access to new international markets and drive significant growth, according to Peruvian Association of Eel Producers (APPA) President Darío Alvitez. The value of Peruvian eel exports are expected to exceed USD 6 million (EUR 5.3 million) this year and around USD 20 million (EUR 17.5 million)… Read More

Ecuador’s National Aquaculture Chamber (CNA) and the Ministry of Environment and Energy (MAE) have signed a memorandum of understanding (MoU) to bolster the supply of electricity to the nation’s shrimp sector. Currently, less than 10 percent of the nation’s shrimp sector operates with electricity, with the remaining 90 percent still depending mainly on diesel for the operation of pumping and aeration systems. Under the MoU, the industry… Read More