Christian Molinari

Two salmon-farming companies operating in central Chile have become the latest to receive sanctions for alleged overproduction. Chile’s Superintendence of the Environment (SMA) has initiated a sanctioning procedure against salmon companies Comercial Agrícola y Forestal Nalcahue and Acuícola e Inversiones Nalcahue, both of which are co-owners of the Chesque Alto salmon farm located in the central region of Araucanía, for significantly… Read More

Ecuador’s shrimp sector saw its exports drop 22 percent year over year in March, as gains made in many markets were insufficient to offset a 50 percent fall in sales to China, according to the latest figures from the country’s National Aquaculture Chamber (CNA).

In total, Ecuador exported 202.5 million pounds of shrimp in March 2024, bringing in USD 460 million (EUR 428 million) in value. In the same month a year prior, it exported

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At the end of February, Chile’s salmon-farming industry avoided turmoil as the Regional Commission on the Use of Coastal Areas (CRUBC) rejected a request from two Indigenous groups requesting control of an area where a large percentage of the country’s salmon grow-out centers are located.

The area in question, covering more than 620,000 hectares, hosts over 300 aquaculture concessions – 45 percent of existing concessions in

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Loran co-founders José Lorenzo and Andrés Almada said the company, alongside the shrimp farmers with whom it partners, is looking to enter the U.S. marke after recent developments have made it a conducive time to attempt market penetration. 

Loran, a Sonora, Mexico-based fishmeal and fish oil producer, commercializes animal feed products – from raw materials to finished products – including aqua pellet, pet food,

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Santiago, Chile-based fishing and salmon-farming firm Blumar has signed a USD 260 million (EUR 244 million) sustainability-linked loan. The syndicated loan – led by Rabobank and with the participation of banks DNB, Santander, and BCI – establishes sustainability goals for 2030 along four main pillars. Blumar will benefit from lower interest rates as long as it complies with the objectives of the pillars, but will have to pay penalties if it… Read More

A Chilean court of appeals has confirmed salmon farmer Nova Austral must pay a fine of CLP 1.02 billion (USD 1.06 million, EUR 992,000) for environmental infractions.

In July 2022, Chilean environmental agency SMA imposed the fine after it found Nova Austral artificially altered the seabed at its Aracena 14 salmon farm near the city of Punta Arenas. Nova Austal appealed the fine to Chile's Third Environmental Court, which ruled in its favor, but

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An association of salmon farmers in Chile’s southern region of Magallanes has alleged impropriety against Philadelphia, Pennsylvania, U.S.A.-based nonprofit The Pew Charitable Trusts, claiming the nonprofit’s efforts to help formulate a conservation management plan within southern Chile’s Kawésqar National Reserve represent a conflict of interest.

The salmon-farming association has accused Pew of providing financing that

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