Christian Molinari

Christian Molinari

Contributing Editor

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.

Published on
December 7, 2021

Punta Arenas, Chile-based salmon farmer Nova Austral announced it decided in November to close its Skyring 3 site, which will mean a fourth-quarter financial impact of USD 4.1 million (EUR 3.6 million) and approximately 4,000 metric tons (MT) less in harvested volumes in 2023.

Nova Austral attributed the decision to the site having “experienced extreme weather conditions that affected the ability to operate normally, and [which] at the

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Published on
December 1, 2021

Los Ángeles, Bio Bio, Chile-based Salmones Austral continued to see business recover in the third quarter of 2021 following what it called a “complex 2020" …

Photo courtesy of Salmones

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Published on
November 24, 2021

Santiago, Chile-based fishing and salmon-​farming firm Blumar, which recently announced positive third-quarter 2021 results, has sold its 45 percent shareholding in Frigorífico Pacífico ... 

Photo courtesy of

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Published on
November 23, 2021

Puerto Montt, Chile-based salmon farmer Multi X – formerly known as Multiexport Foods – saw its operating incomes and consolidated profit increase in Q3 2021 due to strong sales to the U.S. and

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Published on
November 22, 2021

Salmones Camanchaca has rescheduled USD 135 million (EUR 120 million) in revolving credit lines with DNB Bank, Rabobank, and Santander, saying that it is the first salmon company in Chile to ink a sustainability-linked loan that meets the five characteristics outlined by the Loan Market Association (LMA) and the Loan Syndications and Trading Association (LSTA)

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Published on
November 17, 2021

Santiago, Chile-based salmon farmer Salmones Camanchaca has posted increased revenue, positive net profit, and positive earnings before interest, taxes, depreciation, and amortization (EBITDA) for Q3 2021, a turnaround from losses in 2020.

Camanchaca posted a net profit of USD 4.57 million (EUR 4.03 million) in the third quarter of 2021, versus a Q3 loss of USD 9.53 million (EUR 8.42 million) in the same quarter last year.

“[It's evidence]

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Published on
November 17, 2021

Peru’s Ministry of Production (PRODUCE) has set 22 November as the launch date for the country’s second anchovy season in its north-central fishing region, establishing a 2.047 million metric ton (MT) capture limit, government gazette El Peruano reported.

The country divides its anchovy fishing areas into two regions – south and north-central – with different capture limits and seasons set for each one. The north-central

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Published on
November 15, 2021

Chilean trade body SalmonChile has published its latest sustainability report, highlighting record salmon production with a lighter ecological footprint compared to other sources of animal protein.

“Aquaculture is capable of generating the most-sustainable animal protein worldwide and has become the way to meet the fish and shellfish consumption needs of the growing world population," it said.

In 2020, more than one million metric tons

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Published on
November 10, 2021

Puerto Montt, Chile-based DataSalmon has begun trading Chilean salmon on the London Fish Exchange’s (LFEX) electronic trading platform, the company announced in a release.

DataSalmon – cofounded by industry veteran Arturo Clement, the CEO of salmon farming industry association SalmonChile, a board member of the Chilean Salmon Marketing Council, and past CEO of Multiexport Foods (recently rebranded Multi X) – provides data and

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Published on
November 9, 2021

Chilean salmon farmer Salmones Camanchaca said it expects to harvest between 8,000 and 9,000 metric tons (MT) of antibiotic-free salmon annually by 2024 ... 

Photo courtesy of Salmones

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