Christian Molinari

Chilean salmon-farming and industrial fishing firms Camanchaca and Blumar have separately filed claims for compensation of damages against the government of Chile over the passing of a fishing quota bill last year. The firms claim that the new law violates acquired economic rights by reducing the quota of fish they are allowed to land well before the term for established catch expires, thereby seriously affecting legal security within the… Read More

Puerto Montt, Chile-based vertically integrated aquaculture firm Caleta Bay has launched a new brand and marketing campaign targeting the North American market. “The campaign is built around capturing the attention of chefs and foodservice operators across the U.S. and Canada and starting a conversation with them. In this first stage, the focus is on awareness and trial, supported by strong visual assets and a clear, disruptive message that… Read More

Peru’s seafood exports reached USD 4.27 billion (EUR 3.58 billion) in 2025, marking an increase of 16.5 percent from the previous year, the nation’s Production Ministry (PRODUCE) reported. The increase was led by higher exports of anchovy, tuna, and squid. The country’s heavy hitter is anchovy, which is used in the production of up to 20 percent of the world’s fishmeal and fish oil. Landings of that biological resource reached 4.63… Read More

A vessel providing services to salmon-farming centers sunk during the early morning of 27 January in the Reloncaví Estuary in the south of Chile, killing five of the crew of eight and one crew member still missing as of 28 January. Maritime search and rescue operations were activated after the sinking of the vessel Koñimo I, involving personnel from the Navy, the Chilean National Disaster Prevention and Response Service (Senapred), the… Read More

Peru’s industrial fishing fleet has captured 1.6 million metric tons (MT) of the total allowable catch (TAC) established for the second anchovy-fishing season of 2025 in the nation’s North-Central zone, representing 98 percent of the 1.63-million-MT quota set for the season. The Peruvian Production Ministry (PRODUCE) originally established a provisional 500,000-MT TAC for the season in the North-Central zone, which was a big drop from the… Read More

The board of directors at salmon industry association SalmonChile has elected longtime politician Patricio Melero as its new president, replacing Arturo Clement, who has led the association since 2018 and will step down at the end of February. The 69-year-old Melero, who will assume the office on 1 March, has served as a congressman representing two different districts of the Metropolitan region of Chile from 1990 to 2021. He also was president… Read More

The last four years of Chilean policymaking have been very negative for the country’s aquaculture sector, according to Aquaculture Innovation Club Executive Director Adolfo Alvial. “The government moderated its stance when they began to understand the activity better, but the damage was already done; oversight that [was] beyond reasonable had already been established in the first two years of government, with signals that the market took… Read More

Chilean salmon-farming firm Multi X has completed the refinancing of USD 250 million (EUR 213 million) in debt. The refinancing process was structured in two tranches. Tranche A corresponded to a five-year long-term amortizing loan for USD 180 million (EUR 153 million), while Tranche B is a renewable 36-month revolving credit line for USD 70 million (EUR 59.6 million). The refinancing offered “favorable financial conditions,” Multi X said in… Read More

Chilean salmon-farming firm Australis has filed a new civil lawsuit against companies linked to former Australis owner Isidoro Quiroga, as well as a number of his family members and people considered part of his inner circle. The legal maneuver – the latest in a series of actions that have taken place since 2023, when Chinese firm Joyvio, which bought Australis in 2018, first filed a major lawsuit against Quiroga – requests compensation for… Read More

Chile’s Aquaculture Innovation Club will focus its efforts this year on expanding its members’ presence globally, particularly in countries that are in the emerging stages of aquaculture development, Executive Director Adolfo Alvial told SeafoodSource. The club, which is a nonprofit headquartered in Puerto Varas, Chile, has over 30 member companies that provide aquaculture services, products, and equipment developed in Chile that can be… Read More