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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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
… Read MoreDuring 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
… Read MorePunta 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
… Read MoreSantiago, Chile-based Blumar plans to open its first “experience center” in Chile in August 2022, becoming the latest Chilean salmon firm to pursue a stronger domestic sales strategy ...
Photo courtesy of
… Read MoreJack mackerel (Trachurus murphyi) – the main industrial fishery in the south-central zone of Chile – was dangerously overexploited at the beginning of the 2000s. Its subsequent management has been considered a success, and the species' recovery is now resulting in European seafood companies turning to it as an alternative to mackerel caught in the North Atlantic, a fishery that has become embroiled in management
… Read MorePeru’s Ministry of Production (PRODUCE) has called an end to the first anchovy fishing season of 2022 in the country's north-central region, with total catchment reaching 2.34 million metric tons (MT) – or 84.06 percent of the total allowable catch (TAC).
The ports of Chimbote, Callao, Coishco, Malabrigo, and Chancay were the top five ports where anchovy were landed, the head of PRODUCE, Jorge Prado Palomino, said in a release.
… Read MoreLos 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.
… Read MoreChilean 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
… Read MorePunta 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
… Read MoreChile’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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