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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Many 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
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Peru’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
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La Paz, Baja California Sur, Mexico-based aquaculture firm Omega Azul raises fish of the Seriola rivoliana species, which comprise yellowtail, amberjack, and kanpachi. It began raising fish in 2000 in the Sea of Cortez, together with fellow farmer King Kampachi, with which it merged in 2023.
After two decades of learning industry lessons and having made it through the troubling times of the Covid-19 pandemic, the company is forecasting USD 6.3
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A battle is brewing over fishing rights near Peru's Paracas National Reserve.
Peru’s National Fisheries Society (SNP) has petitioned for the ability to fish 5 miles off the reserve’s shores, but environmental and conservation organizations are fighting the request.
The ecologically rich reserve is located on the coast of the Pisco province, just over 250 kilometers south of Lima. Its 335,000-hectare area – 200,000 hectares of
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Ecuador increased its year-over-year shrimp exports in April, despite lower sales to its principal market – China – and lower per-pound prices, according to the latest figures from the country’s National Aquaculture Chamber (CNA).
Ecuadorian shrimp exports in April reached USD 539 million (EUR 502 million) by value and 246 million pounds by volume, marking respective increases of 4.4 percent and 19.1 percent from the USD 516
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Chilean legislators are preparing a bill that would stiffen penalties for salmon theft, strengthen controls around the illicit practice, and enable the use of special investigation techniques for prosecution.
The bill stipulates that the salmon industry is one of Chile’s most significant economic activities, with salmon exports bringing the country USD 6.7 billion (EUR 6.2 billion) annually – 2.1 percent of its GDP – and
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