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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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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Verlasso – Chilean salmon-farming firm AquaChile’s ultra-premium brand of salmon – will look to expand its sales by about 50 percent this year, having identified significant growth opportunities outside its traditional main market of the U.S.
“Verlasso has existed for about 15 years or so, and from 2020 to 2022, about 98 percent of Verlasso products were sold in the U.S. That came down to 90 percent in 2024, and this
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Following up on a positive 2024, Chilean fishing and salmon-farming firm Camanchaca saw its profits jump 95 percent year over year during the first quarter of 2025, largely thanks to higher sales of frozen horse mackerel coupled with lower costs of operation in its salmon-farming division.
In the three-month period, the company’s top-line revenues inched up 1.4 percent to USD 218 million (EUR 193 million) from the USD 215 million (EUR 190
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Miami, Florida, U.S.A.-headquartered salmon-farming firm Verlasso is not just trying to offer consumers premium salmon; they’re trying to offer an entire experience for their buyers through sustainability initiatives, immersive marketing campaigns, personal partnerships, and more.
“For nearly 15 years, Verlasso has been delivering premium salmon to the most discerning customers across the U.S. Our commitment to excellence is rooted
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The latest lawsuit filed by Chilean billionaire and former Australis owner Isidoro Quiroga against Chinese seafood firm Joyvio, which currently owns Chilean salmon-farming firm Australis, is accusing the company of employing threats, witness tampering, and false statements in its legal action against Quiroga.
Joyvio purchased Australis from Quiroga in 2018 for USD 921 million (EUR 808 million). Following the sale, Joyvio alleged Quiroga engaged
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Some South American nations like Peru have instituted measures to crack down against illegal, unreported, and unregulated (IUU) fishing, but fleets with histories of illegal fishing have simply moved south to Chile to have their vessels serviced.
Last year, Peru’s Production Ministry issued an emergency decree which sought to strengthen the country’s fight against IUU fishing by restricting foreign vessels in Peruvian waters. The
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Chilean fishing and salmon-farming firm Blumar has decided to halt a USD 30 million (EUR 26.8 million) investment in a frozen food plant in the central Chilean city of Coronel as it waits to see how national legislation regarding industrial fishing quotas plays out.
The plant project – which had already had received required permitting – “was scheduled to be passed by [Blumar’s] board of directors and approved during 2025
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