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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Los Ángeles, Chile-based Salmones Austral’s board of directors has decided to push back its plans for an initial public offering (IPO) in the Chilean market.
The firm received approval from the country’s financial market regulator, CMF, to register the company and its shares in the securities register – the last regulatory step needed before listing on the stock exchange and launching an IPO – in May 2020.
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Chilean salmon and trout farmer Salmones Antártica has submitted four projects to the government’s Environmental Assessment Service to relocate part of its operations in the Aysén Region. Each project involves an investment of USD 4.5 million (EUR 4.4 million), bringing total investment to USD 18 million (EUR 17.6 million).
Salmones Antártica, established in 1982, is owned by Nippon Suisan America Latina, which in turn
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Punta Arenas, Chile-based salmon farmer Nova Austral may lose up to 20 percent of its total production capacity stemming from the sanctions levied against it by the Superintendency of the Environment (SMA) ...
Photo courtesy of Nova
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Chile’s shipments of salmon and trout totaled USD 1.55 billion (EUR 1.54 billion) in the second quarter of the year, a 34 percent bump when compared to the same period in 2021, according to the Chilean Salmon Council’s Quarterly Report on Salmon Exports …
Photo courtesy of the Chilean Salmon
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A total of some 24,000 salmon weighing 180 metric tons (MT) have died in the “Heimdall” wellboat that ran aground on 6 July in the Strait of Magellan, near Tamar Island, some 195 kilometers west of Punta Arenas in southern Chile, according to local press reports …
Photo courtesy of the Chilean
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Chile’s Superintendency of the Environment (SMA) has moved to revoke the environmental license at three of Punta Arenas, Chile-based salmon farmer Nova Austral’s grow-out centers in the Alberto de Agostini National Park and apply a fine for the artificial alteration of the seabed at another center.
The action marks the first time that an environmental permit has been revoked since the creation of the SMA. The moves must now be
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Ecuador-based Sustainable Shrimp Partnership (SSP) has expanded its presence in the Chilean market with the hypermarket chain Jumbo, making SSP-approved premium shrimp available under the Cuisine&Co brand …
Photo courtesy of Sustainable Shrimp
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Peru’s Ministry of Production (PRODUCE) has opened the second anchovy fishing season of the year in the country's south region, setting a total allowable catch (TAC) of 486,500 metric tons (MT), government gazette El Peruano reported.
The TAC is flat from that established for the first season, which ran from January through June, with the limit also set at 486,500 MT. However, as of 26 June, 2022, only 197,000 MT had been landed, or just
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San Isidro, Peru-based fishing company Austral Group, a producer of fishmeal, fish oil, canned fish, and frozen fish, has been rewarded for its longstanding focus on sustainability, according to the company's CEO, Adriana Giudice.
Austral, which operates 19 fishing vessels and four processing plants in Peru, and which is owned by the Norwegian group Austevoll Seafood, produces about 10 percent of the fishmeal and fish oil
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Chile’s constitutional convention process, mandated by the citizens to define a new national charter, has included some proposals deemed by SalmonChile to be a threat to the country’s salmon-farming industry.
In a national referendum in October 2020, 78 percent of Chilean citizens voted in favor of a new constitution, to be drawn up by a body elected by popular vote. Chile’s constitutional convention has been in
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