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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The Peruvian anchovy-fishing industry has surpassed 98 percent of its 2.48 million metric ton (MT) total allowable catch (TAC) assigned for 2024’s first anchovy season in the country’s north-central zone, which bodes well for global fishmeal and fish oil production considering that Peru accounts for about one-fifth of global fishmeal supply.
“[We] see this as a very positive sign for the fishing and feed sectors,” IFFO
… Read MoreMany Latin American aquaculture firms look abroad to sell their farmed fish, but in Mexico, local demand for gourmet seafood is growing and should not be underestimated, according to La Paz, Mexico-based premium yellowtail fish-farming firm Omega Azul.
“The market here for premium seafood is blowing up. I’m amazed at how much we can sell here and for the price at which we can sell it, so there’s something here. Consumption of
… Read MorePeru’s Ministry of Production (PRODUCE) is preparing a regulation that seeks to strengthen its fight against illegal, unreported, and unregulated (IUU) fishing – mainly of squid – by foreign vessels in Peruvian waters.
In May, Chinese vessel Tian Xiang was caught illegally fishing in Peru’s exclusive economic zone (EEZ) and received a negligible punishment from Peruvian authorities, which fined the infringing vessel
… Read More