Christian Molinari

Salmones Camanchaca closed the second quarter of 2023 with net losses as the company took action to reduce environmental risks in its grow-out centers while temporarily halting operations at its main processing plant.

The vertically integrated salmon-farming firm, based in Santiago, Chile, reported its Q2 revenues fell to USD 63.4 million (EUR 58.3 million), 34.9 percent lower than Q2 2022, which the company attributed to a scheduled drop in its

Concern, confusion, and anger have riven the Peruvian anchovy industry this summer, as a canceled fishing season – followed by ambiguity about a restart – have left professionals up and down the supply chain wondering what will come next.

The saga began in May, when Peru’s Production Ministry (PRODUCE) delayed the main anchovy fishing season in Peru’s north-central zone – the country’s most important in

Chile’s Aquaculture Innovation Club is looking to establish an international alliance with countries that have a strong fish-farming tradition in an attempt to drive global innovation in aquaculture.

“We believe there are valuable experiences to share between Norway, Scotland, Ecuador, Spain, and other countries,” Aquaculture Innovation Club Founder and Executive Director Adolfo Alvial told SeafoodSource. “There are a

Chile’s largest salmon-farming firm, AquaChile, strengthened its weighting in overall contributions to parent company Agrosuper’s top line as the aquaculture division outperformed the holding’s meats division during the second quarter of the year, according to results recently posted by the parent company.

AquaChile is Chile’s largest salmon producer, a conglomerate formed in a 2018 sector consolidation that brought a

Chile’s Superintendence of the Environment (SMA) has filed charges against two fish farming companies operating in the central Chilean region of Araucanía due to alleged wastewater mismanagement and the subsequent proliferation of microorganisms in the discharge sectors of each farm’s respective bodies of water.

According to recent reports from the environmental watchdog, SMA detected breaches of the environmental permits each

Peru’s Production Ministry (PRODUCE) is working to establish regulations for the country’s first-ever national fisheries policy, which aims to position Peru’s fishing industry as more competitive and sustainable by 2030 and address food security issues, among other goals.

PRODUCE will begin the process with a diagnosis of the fishing sector, based on which long-term strategies and action plans will target the entire seafood

Guayaquil, Ecuador-based ProExpo has announced its official entry into the U.S., expecting to sell 15 containers per month of its recently launched FreeBay brand of premium, antibiotic-free, head-on, shell-on frozen shrimp to the competitive Western market over the next year.

FreeBay International Key Account Manager Sharon Carpio told SeafoodSource that this move was partially due to the inconsistency of the Asian markets where the company

Chinese foodservice giant Joyvio, owner of Chilean salmon farmer Australis Seafoods, has taken its heated legal battle against the farmer’s former owner, Isidoro Quiroga, to a new level, filing claims not just in Chile but also in both the United Kingdom and the United States.

Joyvio is reportedly seeking more than GBP 10 million (USD 12.8 million, EUR 11.6 million) in civil litigation in the U.K. against Quiroga and some of his family

A creditor of Punta Arenas, Chile-based salmon farmer Nova Austral is suing some of the company’s former managers and directors for fraud, throwing yet another financial impediment at the company while it actively seeks a judicial reorganization to stave off bankruptcy.

Fratelli Investments Limited – a company formed by siblings of the Solari family, which owns Falabella, one of South America’s largest retail holdings –

A group of Chilean fishermen has taken court action to stop a USD 1 billion (EUR 888 million) water desalination project on Chile’s central coast after preventing access to the construction site for the past two months over fears that the plant’s operations will pollute the waters in which they work.

The Aconcagua Desalination Plant under construction near the coastal town of Quintero aims to supply fresh water to mining companies