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.

Published on
June 9, 2022

Chile’s Superintendency of the Environment (SMA) is bringing charges against salmon farmers claiming they overproduced at production centers located within the Kawésqar National Reserve in the southern region of Magallanes.

If found guilty, the farmers risk revocation of their environmental permit, closure of operations, or fines of an amount equivalent to up to CLP 3.3 billion (USD 4 million, EUR 3.73 million).

The alleged

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Published on
June 8, 2022

Pontevedra, Spain-based vertically integrated seafood firm Nueva Pescanova has launched its first sustainability-linked promissory notes in the alternative fixed income market of the Bolsas Mercados Españoles (BME), the operator of all stock markets and financial systems in Spain.

The issue will be for up to EUR 75 million (USD 80.5 million), which “demonstrates its commitment to ensure the social and environmental sustainability of

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Published on
June 8, 2022

Punta Arenas, Chile-based salmon farmer Nova Austral posted a net loss of USD 11.4 million (EUR 10.6 million) in the first quarter of 2022, an improvement from the loss of USD 15.2 million (EUR 14.1 million) it saw in the same period in

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Published on
June 2, 2022

Los Angeles, Bio Bio, Chile-based Salmones Austral posted a Q1 2022 net profit of USD 1.8 million (EUR 1.6 million), versus losses of USD 9.4 million (EUR 8.7 million) in the first quarter of 2021, on the back of stronger salmon prices.

The company sold salmon at an average of USD 5.70 (EUR 5.30) per kilogram …

Photo courtesy of Salmones

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Published on
June 2, 2022

Chile will look to replace its existing fishing laws, while also strengthen environmental stewardship in the ocean, Chilean President Gabriel Boric, who took office in March 2022, said in his first address to the nation on 1 June, 2022.

“In terms of fisheries and aquaculture, we will fulfill our commitment to advance in a new law, which will be free of corruption and the result of an open and transparent debate. One that delivers clear,

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Published on
June 1, 2022

Record first quarter average prices of Atlantic salmon at USD 6.86 (EUR 6.42) per kilogram whole-fish equivalent (WFE), compared to prices of USD 4.33 (EUR 4.05) per kilogram in the same quarter of 2021, drove an increase in Santiago, Chile-based fishing and salmon-farming firm Blumar’s quarterly earnings

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Published on
May 31, 2022

Santiago, Chile-based seafood firm Camanchaca has opened a USD 30 million (EUR 28 million) frozen horse mackerel processing plant which it expects will handle about 50 million kilograms of product during its first year of operation …

Photo courtesy of

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Published on
May 31, 2022

Puerto Montt, Chile-based salmon farmer Multi X, which reported the death of 300,000 fish at one of its farms on 22 May, has revised the number downward to 250,000 fish totaling 1,075 metric tons (MT), Chile’s National Fisheries and Aquaculture Service, Sernapesca, reported.

The mortality was associated with a decrease in dissolved oxygen content affecting Atlantic salmon at the farmer’s San Luis center in

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Published on
May 30, 2022

A new National Geographic documentary is advocating for the protection of a large portion of Chile's coastline from further commercial salmon-farming development.

The documentary, titled “Canoeros: Memoria Viva” (Canoeists: Living Memory), and its creators are calling for Chile's Kawésqar National Reserve to be classified as a national park, effectively halting farming in the region.

The Kawésqar National

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Published on
May 27, 2022

Six of the eight Chilean salmon farmers in the Global Salmon Initiative (GSI) increased antibiotic use in 2021 compared to levels from 2020, according to numbers available in GSI's annual sustainability report …

Photo courtesy of

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