Tue. Feb 21 2017

Grieg Posts Record 4Q Earnings on Strong Salmon Prices, Higher Production  


Perciformes’s First Harvest of Farmed Sablefish Off To Market


Mon. Feb 20 2017

Iceland's Commercial Fishermen Resume Fishing as Labor Deal Gets Narrow Approval  


Russia's Quota Incentive Program Does Not Spur Crab Producers to Place Domestic Shipbuilding Orders  


PODCAST: India Carries US Shrimp Imports to Record; Snow Crab Prices Smash Records Before Boston  


Handy Seafood Launches Line of Value Added Oysters in Time for Boston Show


Effective Management Can Navigate Climate Impacts on the Fisheries


Seafood.com News Summary Monday February 20, 2017


Fri. Feb 17 2017

Red Chamber to Allow Federal Observers Aboard its Red Shrimp Boats in Argentina to Meet FIP Goal  


Feds to Analyze Environmental Impacts of Western Pacific Longline Fisheries for Bigeye and Tuna  


Scientists Find Extreme Forage Fish Populations are Natural, Likely Unavoidable


Sharp Increase in Iceland's Capelin Quota Could End Fishermen's Strike


Bumble Bee Adds Flavors and Launches Snack Kit Packaging to Tuna Pouch Lineup


Bojangles' Features Alaska Pollock Fish Sandwich for Lent


Great Eastern Seafood Celebrates 35 Years in Business With First Boston Show Exhibit Since 1992


Seafood.com News Summary Friday February 17, 2017


Thu. Feb 16 2017

IATTC Makes Progress on Decreasing Effort on Bigeye and Yellowfin Tunas


Seafood.com News Summary Thursday February 16, 2017


Wed. Feb 15 2017

How Alaskans Forced Snow Crab Prices Above $8.00; This Price Likely to Carry Through to Boston   (1) 


Marine Harvest Doubles Earnings in 2016; Adding Processing, Farming Sites to Grow N. American Sales  


China Update: Tilapia Processors Restart with Stable Prices; Shrimp Production Above Expectations  


HB Grandi Says Japan's Roe Market Could Benefit as Iceland Raises Capelin Quota to 299,000 MT


Second Alaska Buyback Program for Southeast Seine Permits Not Approved  


Hokkaido Crab Dealer Goes Bankrupt After Russia Tightens Crab Enforcement  


Pacific Andes Confirms Insolvency Proceedings Have Started for One Subsidiary


China's Xuzhou Jinjiangfoodstuffs Becomes First Crawfish Producer to Earn BAP Certification   (2)


Samherji-Owned Íslandsbleikja Gets Arctic Char Processing Plant in Iceland BAP Certified


US Foods Acquires Assets to Rhode Island Broadline Distributor All American Foods


Seafood.com News Summary Wednesday February 15, 2017


Tue. Feb 14 2017

Russian Fishery Co. Plans Major Pollock Expansion with Chinese Backing  


Krystal and King & Prince Seafood Partner Up to Bring Back Shrimp Po' Boys for Lent  


Fishery Tensions Rise Between China and South Korea after Korean Landings Hit Record Lows


Rain Forest Aquaculture Gets Three-Star BAP Certification at Fresh Tilapia Facility in Costa Rica


World Bank Report Says Fisheries Reform with Catch Limits Shows Promising Results


Seafood.com News Summary Tuesday February 14, 2017


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Iceland's Commercial Fishermen Resume Fishing as Labor Deal Gets Narrow Approval

SEAFOODNEWS.COM by Michael Ramsingh - February 20, 2017

Commercial fishermen in Iceland commenced fishing on Sunday after an agreement was narrowly passed between the major fishermen’s unions and the boat owners.

The deal ends a three-month work stoppage for Iceland’s commercial fishermen that walked off the job in November. The fishermen demanded better prices of fish sold at auction compared to the fish not sold at auction; guaranteed salaries, bonus incentives; a larger budget for clothing and third party safety assessments...

Full Story »

Russia's Quota Incentive Program Does Not Spur Crab Producers to Place Domestic Shipbuilding Orders

SEAFOODNEWS.COM by Eugene Gerden - February 20, 2017

Leading Russian crab producers have failed to reach an agreement with the domestic shipbuilders, regarding the placement of orders for new crab vessels, which is required by the recently amended Russian legislation in the field of fish and seafood production, according to recent statements of an official spokesman of Russian Rosrybolovstvo.

The recent decision of the Russian government to include crabs in the "under keel" quota program (which involves placement of orders for the building of fishing trawlers at domestic shipyards in exchange of quotas’ provision) became a big surprise for domestic crab producers, which have been forced to start talks with  domestic shipbuilders, regarding with the building of ships at their capacities, amid the prospects of inevitable tighthening of competition in the sector... 

Full Story »

Grieg Posts Record 4Q Earnings on Strong Salmon Prices, Higher Production

SEAFOODNEWS.COM [SeafoodNews] February 21, 2017

Grieg Seafood announced its highest earnings ever in the fourth quarter of 2015, in a market defined by high prices and limited supply.

The Atlantic salmon farming company, with production facilities in Norway, Shetland Islands, and British Columbia, posted operating earnings of US$54.5 million compared to 4Q2015 earnings of $5 million in 2015.

They credit the record earnings from a high harvest volume of nearly 21,000 metric tons in a strong market. This compares to 15,279 metric tons in the same period in 2015, reflecting an increase of 37 percent...

Full Story »

Feds to Analyze Environmental Impacts of Western Pacific Longline Fisheries for  Bigeye and Tuna 

SEAFOODNEWS.COM [SeafoodNews] - February 17, 2017

HONOLULU -- The National Marine Fisheries Service (NMFS) announced on Monday that it will prepare a Programmatic Environmental Impact Statement (PEIS) on the U.S. Pacific Island deep-set tuna longline fisheries, which target bigeye tuna.

The PEIS will analyze the environmental impacts of management of deep-set tuna longliners, which operate out of Hawaii, American Samoa, and the U.S. West Coast. The need for the proposed action is to manage deep-set tuna longline fisheries under an adaptive management framework that allows for timely management responses to changing environmental conditions, consistent with domestic and international conservation and management measures.

The PEIS will be developed in coordination with the Western Pacific Fishery Management Council based in Honolulu.

Tuna longline fisheries use two distinct gear types: shallow-set vessels target swordfish near the surface and deep-set vessels target tunas deeper than 100 meters...

Full Story »

Scientists Find Extreme Forage Fish Populations are Natural, Likely Unavoidable

SEAFOODNEWS.COM [Seafood News] - February 17, 2017

ANN ARBOR — California sardine stocks famously crashed in John Steinbeck's "Cannery Row." New research, building on previous since the late 1960s, shows in greater detail that such forage fish stocks have undergone boom-bust cycles for centuries, with at least three species off the U.S. West Coast repeatedly experiencing steep population increases followed by declines long before commercial fishing began.

Natural population fluctuations in Pacific sardine, northern anchovy and Pacific hake off California have been so common that the species were in collapsed condition 29 to 40 percent of the time over the 500-year period from A.D. 1000 to 1500, according to the study published online Feb. 9 in Geophysical Research Letters.

Using a long time series of fish scales deposited in low-oxygen, offshore sedimentary environments off Southern California, researchers from the National Oceanic and Atmospheric Administration and the University of Michigan described such collapses as "an intrinsic property of some forage fish populations that should be expected ...

Full Story »

Sharp Increase in Iceland's Capelin Quota Could End Fishermen's Strike

SEAFOODNEWS.COM by Michael Ramsingh - February 17, 2017

European seafood analysts at Marko Fish said Iceland’s decision to sharply increase its capelin quota this season could spur a quick end to the prolonged fishermen’s strike.

“There are higher probabilities that the strike will be resolved in the next few days than before due to the issue of enlarged quota for capelin of 196 thousand that will be Iceland’s share of the quota. Due to the relatively short catch window for the capelin the pressure to end the strike is increased,” said Marko Fish in its February 16 newsletter...

Full Story »

Effective Management Can Navigate Climate Impacts on the Fisheries

SEAFOODNEWS.COM [SeafoodNews] - February 20, 2017

BOSTON – Fisheries around the world are likely to come under increasing pressure from climate change. But effective, cooperative management approaches can blunt the projected impacts on both fish stocks and on the billions of people who depend on them – and in some cases even improve the health of key fisheries.

“The future is potentially prosperous, but only if we take action now to adapt to the kinds of changes that we now anticipate,” said Christopher Costello, professor of environmental resource economics...

Full Story »

Bojangles' Features Alaska Pollock Fish Sandwich for Lent

SEAFOODNEWS.COM [Seafood News] - February 17, 2017

Charlotte, NC -- The BojAngler is back and ready to make a splash! Following a popular debut last year, Bojangles’ has brought back the delicious BojAngler fish sandwich, which is now available at participating restaurants for a limited time.

There’s nothing flaky about this fish sandwich. Unless, of course, you’re referring to the actual filet, a delightfully light, wild-caught Alaskan Pollock filet with a generous dash of Bojangles’ popular fry seasoning. The filet is paired with a slice of all-natural cheddar cheese and zesty tartar sauce, all between a golden-brown toasted, buttered bun. Perfect for lunch or dinner, the BojAngler proves that a brand famous for its flavorful chicken and made-from-scratch ...

Full Story »

Marine Harvest Doubles Earnings in 2016; Adding Processing, Farming Sites to Grow N. American Sales

SEAFOODNEWS.COM by Michael Ramsingh - February 15, 2017

Marine Harvest doubled its earnings in 2016 as the operator benefitted from strong global demand for limited inventories of high-priced salmon. The world’s top salmon producer has plans to expand its market share in North America with a new processing facility and farming sites in Canada.

The Norwegian-based operator posted US$741 million in full year earnings in 2016. This figure is more than double its earnings in 2015 that amounted to $367 million.

“2016 was a great year for Marine ...

Full Story »

Great Eastern Seafood Celebrates 35 Years in Business With First Boston Show Exhibit Since 1992

SEAFOODNEWS.COM [Seafood News] - February 17, 2017

Great Eastern Seafood, a leading processor and distributor of fresh seafood, is proud to announce the company is celebrating its 35th year in business.

Since its founding in 1982, Great Eastern Seafood has established itself as one of America’s fastest growing seafood processing and distribution companies by demonstrating superior standards of providing its customers with a variety of premium fresh seafood from across the globe. Great Eastern Seafood prides itself in providing its customers with the freshest seafood products that have been responsibly harvested using sustainable and environmentally friendly practices whenever possible, the company said in a press release.

With four generations of business relationships throughout New England and Canada, Great Eastern Seafood is a top producer of North Atlantic groundfish and flatfish.

“Over the last thirty five years, Great Eastern Seafood has not only remained strong throughout many economic ups and downs, but we’ve grown the business and now serve over 170 customers across North America,” said Doug Nucatola, ...

Full Story »
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Red Chamber to Allow Federal Observers Aboard its Red Shrimp Boats in Argentina to Meet FIP Goal

SEAFOODNEWS.COM by Michael Ramsingh - February 17, 2017

Major US seafood importer, processor and distributor Red Chamber said it will participate with Argentina’s national fisheries research institute INIDEP in a fishery observer program for the inshore Patagonian pink shrimp fishery.

Argentina’s Patagonian pink shrimp are also known as red shrimp or Pleoticus muelleri. They are a wild-caught coldwater shrimp.

The fishery is harvested in two distinct sectors: inshore and offshore. The inshore fishery is comprised of day boats that catch shrimp for four to five hours at a time. Inshore fishing occurs between November and April. 

Full Story »

PODCAST: India Carries US Shrimp Imports to Record; Snow Crab Prices Smash Records Before Boston

Full Story »

Handy Seafood Launches Line of Value Added Oysters in Time for Boston Show

SEAFOODNEWS.COM [SeafoodNews] February 20, 2017

Handy Seafood will launch two new value-added products—Oysters Rockefeller and Oysters Casino. The products will be featured in the New Products Showcase at the Seafood Expo North America in March.

These products will be part of Handy's Oyster Collection. The products offer customers a trendy, high protein product with convenience and quality Handy said. These two products, along with several other delicious Handy products, will be featured on sampling menus at Handy’s restaurant-style booth, number 823...

Full Story »

IATTC Makes Progress on Decreasing Effort on Bigeye and Yellowfin Tunas

SEAFOODNEWS.COM [Seafood News] - February 16, 2017

Eastern Pacific fisheries managers finally reached an agreement last week on fishing for bigeye and yellowfin tunas. It took more than seven months and the measures are not without criticism, but the measures align with other international management and acknowledge excessive fishing effort may harm the tuna resources.
 
The 21 members of the Inter-American Tropical Tuna Association agreed to align the total purse seine catch limits for yellowfin and bigeye tuna by set type and that there are no national allocations.
 
The purse seine vessels of capacity classes 4 to 6 (more than 182 metric tons carrying capacity) and longline vessels more than 24 meters of all members and cooperating non-members of the IATTC must stop fishing in the Convention Area for 62 days in 2017, according to the IATTC resolution. The closures must be in one of two periods: between July 29 and Sept. 28 or between Nov. 18, 2017 and Jan. 18, 2018.
 
The members did not agree to limit ...

Full Story »

Bumble Bee Adds Flavors and Launches Snack Kit Packaging to Tuna Pouch Lineup

SEAFOODNEWS.COM [Seafood News] - February 17, 2017

Bumble Bee Seafoods has introduced several new flavors to its Prime Fillet line, Seasoned Tuna Pouches and Snack on the Run! kits. 
 
“Consumers are looking for nutritious, affordable meal solutions to fill their pantries,” said Dave Melbourne, Bumble Bee senior vice president, consumer marketing and corporate social responsibility, in the statement. “Bumble Bee’s new flavor varieties offer simple, delicious ways to incorporate more seafood into you and your family’s diet.”

Full Story »

How Alaskans Forced Snow Crab Prices Above $8.00; This Price Likely to Carry Through to Boston

SEAFOODNEWS.COM by John Sackton - February 15, 2017

Reports from Japan say “Bering Sea Opilio Prices are escalating wildly above $8.00” due to the production cutback in Alaska.
 
As a result wholesale snow crab prices in Japan have smashed all records, and are up about 50% over last year.
 
As of this week, about 12.6 million pounds has been caught, and 9 million pounds remains to be fished, or about 41% of ...

Full Story »

China Update:  Tilapia Processors Restart with Stable Prices; Shrimp Production Above Expectations

SEAFOODNEWS.COM by Amy Zhong and John Sackton - February 15, 2017

Tilapia processing plants have started back to work after the Chinese New Year. But output is still low.  The market situation in 2016 has taken a toll on farmers feeding and stocking of tilapia, which has meant stable prices amid small supplies.

In Hainan processing plants restarted their operation earlier than those in Guangdong and Guangxi. According to insiders, more processing plants will go back to work after the Lantern ...

Full Story »