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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Peru’s first 2025 anchovy-fishing season in its North-Central region is “well on track,” according to IFFO – the Marine Ingredients Organization, which has predicted solid fishmeal and fish oil production for this year as a result.
In April, Peruvian authorities established a total allowable catch (TAC) of 3 million metric tons (MT) for the season, based on technical and biological reports submitted by the Peruvian Sea
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Salmon-farming firm Cooke Chile has taken a recent decision made by the Chilean environmental regulation supervisory authority, SMA, to the nation’s Supreme Court, ramping up the four-year feud between the two sides.
“The system needs to be reformed urgently!” Cooke Aquaculture Chile CEO Andrés Parodi said in a post on LinkedIn. “Companies that comply with the rules and have all the permits that the growing
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Chile’s senate has voted a new fishing quota bill into law.
With 38 votes in favor and one abstention, the senate approved the recommendations offered by a congressional joint committee formed to establish new fishing quotas between the industrial sector and artisanal fishers. The lower house of congress approved the bill one day before with 122 votes in favor, 15 against, and two abstentions.
The previous Chilean fishing law, enacted in
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A criminal court in Punta Arenas, Chile, has found former executives of salmon-farming firm Nova Austral guilty of environmental crimes but has acquitted them of fraud charges.
The court has unanimously ruled that defendants Drago Covacich, a former regional manager at Nova Austral, and Nicos Nicolaides, the former CEO of the firm, were guilty of the repeated crime of water pollution between December 2016 and June 2019. Further, the judges
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Puerto Montt, Chile-based salmon-farming firm Ventisqueros plans to increase efforts to decarbonize its operations, Ventisqueros Chief Commercial Officer Javier Calvo told SeafoodSource.
Calvo called 2024 “an especially significant year for Ventisqueros” in that it developed a fish-farming center that operates 100 percent on certified renewable energy. Ventisqueros’s E-Site, located in Tubildad on the island of Chiloé in
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Ecuador President Daniel Noboa announced at the beginning of June that his government would be eliminating a diesel subsidy for the tuna sector.
In a recent press conference, government spokeswoman Carolina Jaramillo said that Ecuadorian industrial tuna fishing companies should be able to assume the increased costs of eliminating the subsidy, pointing to 2024 tuna export totals by value of USD 1.6 billion (EUR 1.4 billion) and around 565,000
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Ecuador hit an all-time high for April exports of shrimp this year, sending 254 million pounds of shrimp abroad during the month, up 3.1 percent compared to the 246 million pounds the country shipped in the same month of 2024.
The value of those exports hit USD 606 million (EUR 530 million), jumping 12.5 percent when compared to the USD 539 million (EUR 471 million) sent abroad in April 2024, according to figures from Ecuador’s
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Chilean fishing company PacificBlu has announced it will no longer seek to shutter operations.
In May, the industrial fishing firm announced it would be forced to close shop as of 1 January 2026 in response to the Chilean government’s plan to lower industrial fishing quotas of hake in a new fishing bill.
The bill circulating in Chilean congress proposes to lower quotas for industrial fishing in favor of artisanal fishers. Under the
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The Chilean Salmon Council has partnered with government-run export promotion bureau ProChile in a drive to get French chefs to incorporate coho salmon onto their menus.
As part of the push, Chilean Salmon Council Executive President Loreto Seguel met with the Association of Master Chefs of France – an organization that brings together the country’s leading chefs – where she highlighted coho’s connection to the southern
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Chilean salmon-farming firm Multi X reported record first-quarter revenue in the first three months of 2025, hitting USD 222 million (EUR 195 million) and representing a surge of 33.7 percent compared to the USD 166 million (EUR 146 million) posted in the first quarter of 2024.
The jump in revenue helped the firm record a net profit of USD 5.2 million (EUR 4.6 million), including fair value, in the period, compared to a Q1 net loss of USD 9.4
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