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.


Author Archive

Published on
September 6, 2022

Los Ángeles, Bio Bio, Chile-based Salmones Austral recorded revenue of USD 147 million (EUR 148 million) during the first half of 2022, up 5.7 percent compared to the same period of 2021.

The gains came principally due to higher salmon prices, according to the company. In H1, Salmones Austral averaged USD 5.90 (EUR 5.96) per kilo whole-fish equivalent (WFE), compared to USD 4.52 (EUR 4.57) per kilo WFE in the first six months of 2021,

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Published on
September 1, 2022

Coordinadora Arauco-Malleco (CAM) – an indigenous organization in Chile that advocates for the creation of an autonomous state for the indigenous Mapuche people in the Araucanía region, where they claim historical rights – has called for increased sabotage against industries, including the salmon-farming sector, operating in the south of the country.

CAM's statement came in response to the arrest of its leader,

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Published on
August 31, 2022

Ecuador’s Vice Ministry of Aquaculture and Fisheries of the Ministry of Production, Foreign Trade, Investments, and Fisheries (MPCEIP) has signed a confidentiality agreement with the U.S. Food and Drug Administration (FDA) in the first step of a strategic alliance with one of the Latin American nation’s main markets for shrimp exports, according to Ecuador’s National Chamber of Aquaculture (CNA).

“The purpose of this

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Published on
August 23, 2022

Santiago, Chile-based salmon farmer Salmones Camanchaca posted a positive Q2 2022, reversing the losses the company posted in 2021.  

Camanchaca continued to benefit from high market prices during Q2 2022 while the company simultaneously decreased its costs, which combined to bolster its bottom line. Net profits for the quarter came in at USD 16.9 million (EUR 16.8 million), versus a loss of USD 8.4 million (EUR 8.36 million) during Q2

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Published on
August 23, 2022

Chile’s largest salmon farmer, AquaChile, has sent its first shipment of Verlasso salmon, the company’s premium brand, to France.

“After having sent a sample of our products, we dispatched the first sale of Verlasso Salmon Ultra Premium Salmon to France, where it will be distributed in exclusive restaurants in the country,” AquaChile said on its LinkedIn channel.

AquaChile’s Verlasso ultra-premium salmon was

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Published on
August 22, 2022

The social protests that spread through Ecuador in the last two weeks of June 2022 caused an estimated USD 9 million (EUR 8.96 million) in losses to the country's shrimp sector, Ecuador’s National Chamber of Aquaculture (CNA) Executive President José Antonio Camposano told SeafoodSource.

The Confederation of Indigenous Nationalities launched an indefinite national strike that virtually paralyzed economic activity in

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Published on
August 15, 2022

Chile’s USD 5.2 billion (EUR 5.1 billion) a year salmon industry is the second largest in the world – representing 27 percent of world production – but it risks falling by the wayside if it continues without a medium- to long-term strategy, according to sector observers.

“Salmon farming is a relatively young productive sector in Chile, which has developed in the last 40 years and has been one of the main engines of

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Published on
August 9, 2022

Guayaquil, Ecuador-based shrimp farmer Industrial Pesquera Santa Priscila has received a USD 45 million (EUR 44.1 million) loan from the World Bank’s International Finance Corporation (IFC) to improve the resilience of its shrimp crop while cutting down on greenhouse gas emissions. 

Photo courtesy of the World Bank's International Finance

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Published on
August 8, 2022

During the first half of 2022, Chile’s National Fisheries and Aquaculture Service (Sernapesca) carried out a total of 15 campaigns to monitor aquaculture operations and found breaches in 18 percent of its audits, leading to four subpoenas, 14 summonses to the Superintendence of the Environment (SMA), and 104 citations for minor breaches.

Thus far in 2022, the Puerto Aysén Court of Letters and Guarantee has issued 10 convictions

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Published on
August 3, 2022

Punta Arenas, Chile-based salmon farmer Nova Austral may be forced to close operations throughout the country if sanctions levied by the Superintendency of the Environment (SMA) are allowed to go forward, according to documents filed by the company’s lawyer, Julio Recordón, with the country’s Third Environmental Court.

In July 2022, SMA accused the farmer of overproduction between 2015 to 2017 at three grow-out

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