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Jul 24 - Seafood.com News Summary Monday July 24, 2017


Jul 24 - UFA Turns to Text Messaging to Build Fisherman Support for Alaska Salmon Habitat Measures


Jul 24 - Summa Equity Acquires 75 Percent of Salmon Smoker Milarex


Jul 20 - Seafood.com News Summary Thursday July 20, 2017


Jul 20 - ANALYSIS: Chilean Market Continues to Weaken to Levels Now Below 2016


Jul 20 - VIDEO: Trident Seafoods Value; Bakkafrost Bacteria Outbreak; UK Seafood Fraud


Jul 19 - Seafood.com News Summary Wednesday July 19, 2017


Jul 19 - Bakkafrost Shuts Down Salmon Harvesting Due to Listeria; Market to be Short Large Fish


Jul 19 - UK Sushi Bars Accused of Mislabeling Some Seafood, but Not as Much as US


Jul 19 - Global Salmon Initiative Strengthens Global Presence with Acceptance of Four New Members


Jul 19 - Live Canadian Geoducks Arrive at New Airport Clearance Site in Qingdao For First Time


Jul 18 - Bristol Bay Run Exceeds 50M, Catch Over 33M, Season Not Over Yet


Jul 18 - Russian Salmon Season off to Strong Start; up 30-40% Over 2015


Jul 18 - Fish Oil Group Launches Improved Standard in Marine Ingredient Industry


Jul 17 - Inslee Vetoes Anti-Shrimp Legislation That Would Have Helped Washington Oyster Growers


Jul 16 - Bristol Bay Run Exceeds 50M, Catch Over 33M, Season Not Over Yet


Jul 16 - Bristol Bay Run Exceeds 50M, Catch Over 33M, Season Not Over Yet


Jul 14 - Seafood.com News Summary Friday July 14, 2017


Jul 14 - Kotzebue Commercial Fishers Have Options: Two Buyers in Town This Season


Jul 14 - Stronger King and Chum Return in Yukon Result of Precautionary Managment


Jul 13 - Stronger King and Chum Return in Yukon Result of Precautionary Managment


Jul 13 - Seafood.com News Summary Thursday July 13, 2017


Jul 13 - Bristol Bay Poised to Exceed Salmon Harvest Forecast this Week


Jul 13 - Bristol Bay Poised to Exceed Salmon Harvest Forecast this Week


Jul 12 - Seafood.com News Summary Wednesday July 12, 2017


Jul 12 - ANALYSIS: Chilean Salmon Fillets Adjust Lower Again; Supply Looks to be Increasing


Jul 11 - Crabfest Back at Red Lobster with More Non-Snow Crab Offerings: Dungeness and Southern Red Crab


Jul 11 - After Re-entering Chinese Market, Norwegian Salmon Makes Push to Lure Foodies


Jul 10 - OSU, Weather Service Establish New Oceanographic Buoy at Coos Bay


Jul 10 - Bristol Bay Run Looking Likely to Exceed Forecast; Nushagak District May See Highest Harvest


Jul 7 - Seafood.com News Summary Friday July 07, 2017


Jul 7 - ANALYSIS: Canada's Market Share Remains Low For Fresh Whole Salmon, but Beginning to Shift


Jul 7 - Bristol Bay Update: Nushagak District Catch and Escapement Exceeds Forecast, Rest of Run Still Build


Jul 7 - Ikura Prices Soar to 30-year High in Japan Due to Lackluster Salmon Harvests in Hokkaido


Jul 6 - Baader and Cermaq Announce Deal for End to End Computer Controlled Salmon Factory


Jul 5 - Seafood.com News Summary Wednesday July 05, 2017


Jul 5 - Bristol Bay Leads State with Strong Sockeye Landings


Jul 5 - Bristol Bay Leads State with Strong Sockeye Landings


Jun 30 - Seafood.com News Summary Friday June 30, 2017


Jun 30 - Bristol Bay Update: Run Still Building at Port Moller with Over 5 Million Caught in the Bay


Jun 29 - Rethinking MSC and West Coast Fisheries: Brad Pettinger Makes an Important Point


Jun 29 - China’s Tier 3 Ranking a Reminder of Trade Risks Facing Seafood Industry [Editorial]


Jun 28 - Fishery Management Council Appointments Announced, with Continuity in Most Regions


Jun 28 - University of Washington’s Fisheries Research Institute Trains the Fishery Managers of Tomorrow


Jun 27 - Bristol Bay Run Nears 5 Million Fish, Nushagak Surging, Naknek Still Waiting


Jun 27 - China's JD.com Fresh Food Unit Inks Agreement with Norway for Salmon


Jun 27 - Changsha Airport Imports Large Quantities of Norwegian Salmon as Norway-China Agreement Takes Hold


Jun 26 - Seafood.com News Summary Monday June 26, 2017


Jun 26 - Global Aquaculture Alliance BAP is First Aquaculture Standard to Near GSSI Approval


Jun 26 - Some Tasmanian Chefs Take Local Salmon Off Menu due to Environmental Concerns


Jun 26 - Japanese Salmon Consumption Fell More than 10% in 2016-17; Supply Shrank Too


Jun 26 - Acme Smoked Fish Introduces Ready-to-eat Hawaiian Smoked Fish Poke Bowls From Blue Hill Bay


Jun 23 - Tesco Hikes UK Salmon Retail Prices, Following Sainsbury


Jun 23 - Chinese Engineers Finish First Semi-Submersible Aquaculture Pen for SalMar ASA


Jun 22 - Seafood.com News Summary Thursday June 22, 2017


Jun 22 - ANALYSIS: Atlantic Salmon Frozen Fillet Imports Beginning to Rise


Jun 22 - Brits All At Sea on Old Fish Names


Jun 22 - Japan Frozen Salmon Market Weakens Ahead of New Season Production in Russia and Alaska


Jun 22 - Norway Sees Rise in Export Values in May


Jun 21 - Just Shrimp Adds Healthy Alternatives to Attract Younger Diners


Jun 20 - VIDEO: Farmed Salmon Prices in Seasonal Decline


Jun 20 - California Budget Bill Lowers Landing Fees From State Proposal


Jun 19 - Antibiotic Usage Among Chilean Fish Farms Down 30% in 2016


Jun 19 - Acme Smoked Fish Adds Sashimi Style Smoked Salmon to Blue Hill Bay Brand


Jun 16 - Seafood.com News Summary Friday June 16, 2017


Jun 16 - Farmed Salmon Prices Enter Summer Season Decline


Jun 16 - First Port Moeller Report Suggests Bristol Bay Sockeye Run Timing Normal, Close to Forecasts


Jun 15 - Evonik and Royal DSM to Build $200 Million Algae-Based Omega-3 Production Facility in Nebraska


Jun 14 - Southwind Foods Buys Galaxy Foods and Equator Seafood; Will Merge Businesses into Carson Operation


Jun 14 - Many Consumers Turn to the Expertise of Restaurants to Get Seafood into Their Diets


Jun 14 - Thai Union Makes Pledge to Achieve United Nations' Sustainable Developments Goals


Jun 13 - Seafood.com News Summary Tuesday June 13, 2017


Jun 13 - AquaBounty to Produce GM Salmon in Indiana with $14 Million Purchase of Bell Fish Company's Assets


Jun 13 - Two Norwegian Salmon Companies Plan to Sell through Zhangzidao in China


Jun 12 - Seafood.com News Summary Monday June 12, 2017


Jun 12 - Oregon, California Senators Urge Salmon Disaster Declaration


Jun 12 - What a State Budget-Triggered Shutdown Will Mean for Alaska's Fisheries


Jun 9 - Seafood.com News Summary Friday June 9, 2017


Jun 9 - Study Identifies Huge Sales Potential for Alaska Salmon in China, Particularly for Fish Heads, Bones


Jun 9 - Bumble Bee Seafoods Supports Tuna 2020 Traceability Initiative


Jun 8 - Seafood.com News Summary Thursday June 8, 2017


Jun 8 - Copper River King Salmon Return Higher than Expected; Sockeye Far Less


Jun 8 - New Hi-Def Sonar Being Tested on Copper River May be Game Changer for Chinook Management


Jun 6 - PODCAST: Seafood Podcast Featuring Latest Shrimp Imports and FDA Refusal Figures


Jun 6 - Monterey Bay Recognizes BAP Certified Shrimp, Tilapia, Pangasius and Mussels as Good Alternative


Jun 5 - Seafood Watch Recognizes ASC Certified Salmon Standard as at Least a "Good Alternative"


Jun 5 - FDA Seafood Refusals Down Sharply in 2017 as Rejections for Filth Slide 50%


Jun 5 - Thai Union enters China consumer market with 'King Oscar' Brand Lobsters from North America


Jun 2 - Seafood.com News Summary Friday June 2, 2017


Jun 2 - VIDEO: Louisiana Shrimping Starts; Scallop Prices Crash; Cold Spring Slows Snow Crab Fishing


Jun 2 - Marine Harvest Gets Approval to Develop "Egg" Farming System to Combat Sea Lice


Jun 1 - Seafood.com News Summary Thursday June 1, 2017


Jun 1 - Some Chilean Salmon Shipments Delayed as Customs Strike Enters Ninth Day


Jun 1 - 5th Copper River Opening Set for Today; King Salmon Abundance Continues Above Forecast


Jun 1 - GAA calls for Better Oceanographic Modeling to Supplement Sampling in Report on Chile's Algal Blooms


May 30 - Seafood.com News Summary Tuesday May 30, 2017


May 30 - PODCAST: Ecuadorian Shrimp Fuels Asia’s Market; Alaska’s Copper River Salmon Season in Full Swing


May 30 - Copper River Sockeye Landings Below Expectations, Chinook Above


May 30 - Washington Attorney General: Sushi Tokyo, Oto Shushi Must Stop Mislabeling Sushi


May 30 - Pacific Halibut Catch On Track at Nearly 8 Million Pounds To Date


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News Summary July 24, 2017 

Today's Main Story: Stavis Seafoods to Greatly Expand West Coast Distribution with Partnership with R.W. Zant 

Today's lead item reports that Stavis Seafoods of Boston, and RW Zant, a major west coast broadline distributor, have announced a primary distribution partnership that will begin August 1, 2017. RW Zant is one of the largest redistribution companies in the US. The partnership will include the warehousing and delivery of Stavis Seafoods’ products to RW Zant customers. RW Zant specializes in all aspects of protein and dairy wholesale distribution to foodservice and retail distributors throughout the Western United States. This agreement will not only enhance Stavis Seafoods’ supply chain capabilities on the West Coast, it will also greatly expand RW Zant’s product offerings in the seafood category.

Also highlighted today is word that the Russian Fishery Company (RFC), one of Russia’s leading fish producers, is beginning massive production of fish products under the Nordeco brand. According to the company’s plans, RFC should become one of the largest suppliers of fish products that will be mostly manufactured from pollock on the domestic market. A spokesman for RFC said that the company wants to produce fish products that will be processed and frozen on board immediately after the catch. It is reported that future production will be positioned for middle-priced and premium segments of the market. According to RFC, the company currently sells all the products to wholesale buyers and processors.

In other news, Canadian Environment Minister, Eddie Joyce, says a Supreme Court decision ordering an environmental impact statement will be reviewed by the Department of Justice and Public Safety. The Supreme Court of Newfoundland and Labrador on Thursday overturned the provincial government's decision to release a quarter-billion dollar salmon farming project in Placentia Bay from further environmental assessment. Justice Gillian Butler ruled on July 20 that Perry Trimper, then the environment and climate change minister, "lacked jurisdiction" to release the project from a full environmental assessment, and that an environmental impact statement had to be completed. Joyce says it's standard practice for the Department of Justice

Full Story »

UFA Turns to Text Messaging to Build Fisherman Support for Alaska Salmon Habitat Measures

SEAFOODNEWS.COM [Fish Factor] by Laine Welch July 24, 2017

As state lawmakers mull ways to update permitting laws to protect salmon habitat, a dual sweepstakes is using text messaging and social media as the means to keep more fishermen informed.

“One of the things we’ve learned over the past two years is that most fishermen are getting almost all of their information on their phones,” said Lindsey Bloom, program manager for United Fishermen of Alaska’s Salmon Habitat Information Program (SHIP).

“Since the start of this program we have heard from thousands of Alaska fishermen..

Full Story »

News Summary July 20, 2017 

Today's Main Story: Booming Demand for Lobster Means Record Catches and High Prices 

Today's lead item reports that the lobster business is booming in Maine. Lobstermen are hauling in record catches, while prices are near all-time highs. That's because the industry is also seeing record demand. U.S. lobstermen have seen their yearly haul quintuple over the last 30 years. They brought in 131 million pounds of the crustacean in 2016, more than 80 percent of that was caught in Maine. The industry made a huge push to increase demand, both domestically and around the globe. And they've had great success, especially in China, where distributors are marketing Maine lobster as a clean source of quality protein. It also helps that the Chinese word for lobster is similar to the word for dragon, it resembles the mythical creature and when cooked, it turns the lucky color red.

In other news, the Bristol Bay Sockeye run is not over yet, with word Monday that the Kvichak River seemed to finally “pop”, but this year’s fishery is shaping up to be one of the largest ever and certainly one of the most valuable in a long time. The total run was predicted to be 41.5 million, allowing for a harvest of 27.5 million sockeye, but through Monday the fleet had hauled in over 34 million and the total run was already past 51 million.

Meanwhile, it will be another week or so before ...

Full Story »

VIDEO: Trident Seafoods Value; Bakkafrost Bacteria Outbreak; UK Seafood Fraud  

Full Story »

Bakkafrost Shuts Down Salmon Harvesting Due to Listeria; Market to be Short Large Fish

SEAFOODNEWS.COM by John Sackton July 19, 2017

Bakkafrost, the major salmon producer in the Faroe Islands, discovered listeria bacteria in its production last week.

This was confirmed by the CEO Regin Jacobsen, to the ilaks newsletter.

“It is true that we have found listeria bacteria in production last week. Therefore, the entire production line was washed.”

The company is not certain how much of the fish was shipped before the listeria was discovered, but Jacobsen says the testing showed small amounts, less than 10 parts per million per gram. Under 100 parts per million listeria is destroyed by ...

Full Story »

Global Salmon Initiative Strengthens Global Presence with Acceptance of Four New Members

SEAFOODNEWS.COM [Seafood News] - July 19, 2017

London, United Kingdom – The Global Salmon Initiative (GSI) announce the acceptance of four new members: Australis Seafoods S.A., Bjørøya, Midt-Norsk Ha vbruk AS and Nova Sea AS, bringing the GSI membership to 16 salmon farming companies and eight Associate Members.

“We are delighted to welcome four new members into the GSI,” Gerardo Balbontin, GSI Co-Chair and CEO of Blumar Seafoods, said in a press release. “It is a sign that what we ...

Full Story »

Bristol Bay Run Exceeds 50M, Catch Over 33M, Season Not Over Yet

SEAFOODNEWS.COM [KDLG.org] by Dave Bendinger - July 17, 2017

The Bristol Bay sockeye run sailed past 50 million sometime Sunday, July 16, with a cumulative catch of 33 million sockeye. This exceeds both the ADF&G preseason forecast of 27.5 million fish and the University of Washington's 30.5 million sockeye estimate.

The 800,000-fish daily catch on Saturday was under a million fish for the first time since July 2. With escapement still strong, and another two million sockeye expected in the Naknek-Kvichal District, the 2017 season could be among the top three largest since 1995.

Trident, Icicle, and at least one buyer in Togiak confirmed Sunday that they are posting a $1 per pound base price for Bristol Bay's catch this year. That's up a quarter from last season...

Full Story »

Fish Oil Group Launches Improved Standard in Marine Ingredient Industry

SEAFOODNEWS.COM [SeafoodNews] July 18, 2017

Important changes to the certification standard used in feed and nutraceuticals have been made to the International Fishmeal and Fish oil Organisation's IFFO Global Standard for the Responsible Supply of Marine Ingredients – IFFO RS for short.

The launch of version 2 of our IFFO Responsible Supply of Marine Ingredients marks a major new milestone in development of the standard. The new version revises the fisheries assessment methodology to cover multispecies fisheries, a new Good Manufacturing Practice section for the factory and altered clauses covering social welfare and pollution management.

The original standard, launched in 2009, became an independent standard in 2015 and by 2016, was the standard used by over 40% of the worlds marine ingredients....

Full Story »

Bristol Bay Run Exceeds 50M, Catch Over 33M, Season Not Over Yet

SEAFOODNEWS.COM [KDLG.org] by Dave Bendinger - July 17, 2017

The Bristol Bay sockeye run sailed past 50 million sometime Sunday, July 16, with a cumulative catch of 33 million sockeye. This exceeds both the ADF&G preseason forecast of 27.5 million fish and the University of Washington's 30.5 million sockeye estimate.

The 800,000-fish daily catch on Saturday was under a million fish for the first time since July 2. With escapement still strong, and another two million sockeye expected in the Naknek-Kvichal District, the 2017 season could be among the top three largest since 1995.

Trident, Icicle, and at least one buyer in Togiak confirmed Sunday that they are posting a $1 per pound base price for Bristol Bay's catch this year. That's up a quarter from last season...

Full Story »

News Summary July 14, 2017 

Today's Main Story: Stronger King and Chum Return in Yukon Result of Precautionary Management 

We open today's news reporting that for the first time since 2003, and before that 1997, the Yukon River king salmon run has exceeded 253,000 fish. On July 12, the 253,250th chinook was counted at Pilot Station. ADF&G has revised the run outlook to be as high as 287,000 Chinook for this year and relaxed subsistence fishing restrictions. There will be no commercial season for Chinook this year. The higher numbers mean the Canadian-bound kings, which the U.S. is treaty-bound to protect so they can reach their spawning grounds in Canada, will be above the upper end of pre-season estimates. It also means that subsistence take of these highly-nutritional fish will now be open for residents of Alaska's largest river system. 

In other news, thus far, the Trump administration has pursued an agenda that has basically alarmed scientists and environmentalists. The administration has also been slow to appoint scientific leadership, both in the White House and across federal agencies. But the appointment of fisheries biologist Chris ...

Full Story »

Stronger King and Chum Return in Yukon Result of Precautionary Managment

SEAFOODNEWS.COM [SeafoodNews] - July 14, 2017

For the first time since 2003, and before that 1997, the Yukon River king run has exceeded 253,000 fish. On July 12, the 253,250th chinook was counted at Pilot Station. ADF&G has revised the run outlook to be as high as 287,000 Chinook for this year and relaxed subsistence fishing restrictions. There will be no commercial season for Chinook this year. 

The higher numbers mean the Canadian-bound kings, which the U.S. is treaty-bound to protect so they can reach their spawning grounds in Canada, will be above the upper end of pre-season estimates. It also means that subsistence take of these highly-nutritional fish will now be open for residents of Alaska's largest river system. Residents have foregone subsistance take in the past to protect the future run of kings....

Full Story »

News Summary July 13, 2017 

Today's Main Story: Bristol Bay Poised to Exceed Salmon Harvest Forecast this Week

A common headline these last few weeks has focused on the Salmon coming out of Bristol Bay. With a total run as of July 11 at 40.38 million sockeye and fishing still going strong today, it looks likely that the ADF&G forecast of 41.47 million will be exceeded by the end of this week. It's also likely the final numbers will exceed the predictions of the University of Washington salmon team, which forecasted a total run of 43.1 million. Maybe not by the end of the week, but the strength of the Nushagak and Egigik Districts, and an expected surge in the Kvichak, could make this a banner year.

In other news, Coast Seafoods Company’s Southwest Operations Manager Greg Dale said Tuesday that his shellfish company does not intend or plan to leave Humboldt Bay after the California Coastal Commission narrowly rejected its permit applications in June. Coast Seafoods Company’s permits for its nearly 300 acres of existing shellfish farming operations in northern Humboldt Bay are set to expire in August 2017, but Dale said commission staff and North Coast District Commissioner Ryan Sundberg — who is also Humboldt County’s 5th District supervisor — have committed to coming back in August with options to allow their existing farms to continue.

National Oceanic and Atmospheric Administration (NOAA), the American agency that responds to marine mammals in distress has halted its efforts to free large whales trapped in fishing gear following the recent death of a whale rescuer in New Brunswick. Chris Oliver, assistant administrator with the National Oceanic and Atmospheric Administration, extended condolences Wednesday to the family of Joe Howlett of Campobello Island after he was killed Monday from freeing a North Atlantic right whale that had been entangled in fishing gear. A close friend of Howlett’s said the 59-year-old veteran fisherman was hit by the whale just after it was cut free and started swimming away.

John Bullard, NOAA Fisheries' Greater Atlantic regional administrator for the past five years, announced Wednesday that he will retire effective Jan. 5, 2018. Bullard took the top job in the National Oceanic and Atmospheric Administration’s Gloucester-based office in 2012. As regional administrator, he has been responsible for leading the agency’s approach to fisheries, habitat, sea turtle, and marine mammal issues from Maine to North Carolina...

Full Story »

Bristol Bay Poised to Exceed Salmon Harvest Forecast this Week

SEAFOODNEWS.COM by Peggy Parker - July 13, 2017

With a total run as of July 11 at 40.38 million sockeye and fishing still going strong today, it looks likely that the ADF&G forecast of 41.47 million will be exceeded by the end of this week.

It's also likely the final numbers will exceed the predictions of the University of Washington salmon team, which forecasted a total run of 43.1 million. Maybe not by the end of the week, but the strength of the Nushagak and Egigik Districts, and an expected surge in the Kvichak, could make this a banner year.  

Both ADF&G's and UW's forecasts for the 2016 Bristol Bay return were short by about 10% and 5% respectively. 

The Nushagak's return became an all-time record on July 11...

Full Story »

ANALYSIS: Chilean Salmon Fillets Adjust Lower Again; Supply Looks to be Increasing 

SEAFOODNEWS.COM [Urner Barry] Janice Schreiber - July 12, 2017

The Chilean salmon fillet market continued to trend lower yesterday. Supplies range fully adequate to ample in the spot market coupled with a seasonally lackluster demand period. Downward pricing pressure is being felt not only from other origins of farmed salmon (i.e. Canada and Europe) but also from the growing supply of wild salmon; especially sockeyes.

Additionally, market participants report that the volumes available out of Chile will continue ...

Full Story »

After Re-entering Chinese Market, Norwegian Salmon Makes Push to Lure Foodies

SEAFOODNEWS.COM [163] translated by Amy Zhong - July 11, 2017

Salmon have been popular in China within the past few years thanks to good taste and high nutrition. Their consumption has grown rapidly at an average rate of about 16% in China with the past one to two decades. At present, the global salmon consumption is 2.2 million tons, while it is around 70 to 80 thousand tons in the Chinese mainland, only about 3% of the total consumption.

Salmon’s entry into Japan

Large-scale aquaculture companies increased salmon output to a great extent and Norway started to target the global market ...

Full Story »

Bristol Bay Run Looking Likely to Exceed Forecast; Nushagak District May See Highest Harvest Ever

SEAFOODNEWS.COM by John Sackton and Peggy Parker - July 10, 2017

There were more positive reports out of Bristol Bay over the weekend.  Saturday’s total in the Bay was over 2 million fish.

Total catch is now over 20.58 million sockeye, and the total run is 31.8 million. The Naknek-Kvichak District and the Ugashik District are still seeing less than half their expected run, and the Port Moeller numbers continue to show higher trends than in many prior years. The largest total showing in the test fishery occurred on July 4, and with transit times at 6-9 days, today could be the highest landings and escapement numbers yet in the Bay...

Full Story »

Summa Equity Acquires 75 Percent of Salmon Smoker Milarex

SEAFOODNEWS.COM [SeafoodNews] - July 24, 2017

Oslo, Norway -- Summa Equity, a private equity firm formed last year, today announced the purchase of 75% of Milarex, a value-added processing company in the salmon industry, from the founder, Jerzy Malek. Seafood is one of their focus areas within the "Resource Scarcity" theme.

"With a growing global population amidst global climate issues, the world needs healthy and sustainable food, and these megatrends are driving the growth in seafood consumption," says Reynir Indahl, Managing Partner of Summa Equity. 

"Wild catch of fish is leveling off and we expect fish farming to surpass it by 2019. Salmon farming uses no fresh water, has a high feed conversion ratio...

 

Full Story »

ANALYSIS: Chilean Market Continues to Weaken to Levels Now Below 2016

SEAFOODNEWS.COM [Urner Barry] by Janice Schreiber - July 20, 2017

The Chilean fillet market has been trended lower since Memorial Day weekend in the U.S. At the end of May, the average on 2-3 pound Chilean fillets was $5.68, currently the market is at $5.08; a 10.5 percent drop.

In addition, the market on Chilean fillets is now lower than where it was at the same point in time in 2016. In the middle of...

Full Story »

News Summary July 19, 2017 

Today's Main Story: Bloomberg: Trident Valued at $2.1 Billion, with Chuck Bundrant on Bloomberg Billionaires Index 

Headlining the news today is a look at Chuck Bundrant’s Trident Seafoods which is valued at $2.1 billion. Trident was formed in 1973 with two partners and one boat. Chuck Bundrant was a college freshman with $80 in his pocket when he drove halfway across the country to Seattle to earn a few bucks fishing. The year was 1961. He hasn’t stopped fishing since. And today, Bundrant, the founder and majority owner of Trident, is worth at least $1.1 billion, according to the Bloomberg Billionaires Index. His wealth is due to a fair measure of pluck. Back in the early 1980s, he persuaded Americans to eat pollock, then considered a trash fish, at fast-food restaurants and, to this day, Trident ships it + along with salmon and cod + to chains including Costco and Safeway. 

In other news, Bakkafrost, the major salmon producer in the Faroe Islands, discovered listeria bacteria in its production last week. This was confirmed by its CEO Regin Jacobsen. The company is not certain how much of the fish was shipped before the listeria was discovered, but Jacobsen says the testing showed small amounts, less than 10 parts per million per gram. Listeria is destroyed by cooking in any amount under 100 parts per. This salmon, however, is not suitable for sushi. 

In the UK, sushi bars are committing "seafood fraud" by serving customers the wrong fish, a study has found. Researchers examined labeling practices in restaurants and found that in many cases fish was being mislabeled, or not labeled at all. Substitution levels in the UK were significantly lower, however, than those observed in North America. Research indicated that the average British fish-eater could only distinguish two out of six common fish. About half could tell a salmon from a mackerel, but only a third could identify cod. 

In a new study, an international group of scientists found that in comparing four types of fishing gear that touches the seafloor, otter trawls were found to be

Full Story »

UK Sushi Bars Accused of Mislabeling Some Seafood, but Not as Much as US

SEAFOODNEWS.COM  [The Times] by  July 19, 2017

Sushi bars are committing "seafood fraud" by serving customers the wrong fish, a study has found.

Researchers examined labelling practices in restaurants and found that in many cases fish was being mislabelled, or not labelled at all. Stefano Mariani, a conservation geneticist at Salford University, who presented his work to the Fisheries Society of the British Isles, said: "This is about transparency. People don't know what they are buying. There is now a huge trade in lesser-known species that have not been assessed. Imagine how impossible it is for a ...

Full Story »

Live Canadian Geoducks Arrive at New Airport Clearance Site in Qingdao For First Time

SEAFOODNEWS.COM [Shuichan] translated by Amy Zhong - July 19, 2017

A batch of Canadian live geoducks weighing 374 kg arrived at Qingdao on July 3 for the first time. They are from the North Pacific of Canada with a value of $20,000 U.S.

The new route between Qingdao and Vancouver not only makes traveling and business trips more convenient but also helps the import of fresh food. Imported food will be delivered to different markets in China from here. For example, after clearance, these geoducks will be transported to markets in Shanghai and Guangzhou.

Qingdao airport has cooperated with relevant agencies ...

Full Story »

Russian Salmon Season off to Strong Start; up 30-40% Over 2015

SEAFOODNEWS.COM [Japan Reports]  July 18, 2017

Reports from the Hokkaido North Pacific Development Association are that Russia's salmon season is off to a strong start, and the TINRO survey results point to a big run of pink salmon this year.

Russia’s salmon landings in the Far East aggregated about 15,600 tons as of July 3, kicking off a favorable start of the season with a 32% increase over the like period of 2015, the most recent odd-numbered year, according to Sapporo-based North Pacific Development Association.

By species, sockeye totaled about 12,300 tons, centering on Kamchatka, with 1,860 tons of chum, 1,000 tons of pink salmon, and 290 tons of king salmon.

The association also said that the Russian scientific institute made public the results...

Full Story »

Inslee Vetoes Anti-Shrimp Legislation That Would Have Helped Washington Oyster Growers

SEAFOODNEWS.COM [Chinook Observer] by Matt Winters - July 16, 2017

OLYMPIA — Gov. Jay Inslee on June 30 vetoed legislation that would have required the Washington State Department of Ecology to report where it is in the process of issuing a new permit to spray burrowing shrimp, and “to identify the steps it will take to ensure a viable and economically feasible alternative if the pesticide use is not permitted.”

Collectively known as burrowing shrimp, Willapa Bay harbors two native species — ghost shrimp and blue mud shrimp. They churn the bay’s bottom, causing oysters to suffocate. Although ...

Full Story »

Bristol Bay Run Exceeds 50M, Catch Over 33M, Season Not Over Yet

SEAFOODNEWS.COM [KDLG.org] by Dave Bendinger - July 17, 2017

The Bristol Bay sockeye run sailed past 50 million sometime Sunday, July 16, with a cumulative catch of 33 million sockeye. This exceeds both the ADF&G preseason forecast of 27.5 million fish and the University of Washington's 30.5 million sockeye estimate.

The 800,000-fish daily catch on Saturday was under a million fish for the first time since July 2. With escapement still strong, and another two million sockeye expected in the Naknek-Kvichal District, the 2017 season could be among the top three largest since 1995.

Trident, Icicle, and at least one buyer in Togiak confirmed Sunday that they are posting a $1 per pound base price for Bristol Bay's catch this year. That's up a quarter from last season...

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Kotzebue Commercial Fishers Have Options: Two Buyers in Town This Season

SEAFOODNEWS.COM [KNOM] by Davis Hovey - July 14, 2017

For the first time in three yeas, Kotzebue commercial fishermen will have two buyers to sell their fish to.

According to Jim Menard, the area manager for the commercial fisheries division in Norton Sound and Kotzebue, Copper River Seafoods and Pacific Star will be purchasing fish in Kotzebue. How many fish the buyers will be able to hold remains to be seen, Menard says:

“One of the issues with Kotzebue always is what’s called a cargo capacity issue, in that the fish are not cut there. What they do is fly the fish out; so, if we get a big period, they do not have enough cargo space on the airplanes, and that ends up limiting how they are going to fish. So, the buyers will tell me they can’t take fish the next day, so, we’ll pull a period, or they may shorten a period.”
To help address the capacity issue, Pacific Star is planning on...

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Stronger King and Chum Return in Yukon Result of Precautionary Managment

SEAFOODNEWS.COM [SeafoodNews] - July 14, 2017

For the first time since 2003, and before that 1997, the Yukon River king run has exceeded 253,000 fish. On July 12, the 253,250th chinook was counted at Pilot Station. ADF&G has revised the run outlook to be as high as 287,000 Chinook for this year and relaxed subsistence fishing restrictions. There will be no commercial season for Chinook this year. 

The higher numbers mean the Canadian-bound kings, which the U.S. is treaty-bound to protect so they can reach their spawning grounds in Canada, will be above the upper end of pre-season estimates. It also means that subsistence take of these highly-nutritional fish will now be open for residents of Alaska's largest river system. Residents have foregone subsistance take in the past to protect the future run of kings....

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Bristol Bay Poised to Exceed Salmon Harvest Forecast this Week

SEAFOODNEWS.COM by Peggy Parker - July 13, 2017

With a total run as of July 11 at 40.38 million sockeye and fishing still going strong today, it looks likely that the ADF&G forecast of 41.47 million will be exceeded by the end of this week.

It's also likely the final numbers will exceed the predictions of the University of Washington salmon team, which forecasted a total run of 43.1 million. Maybe not by the end of the week, but the strength of the Nushagak and Egigik Districts...

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News Summary July 12, 2017

Today's Main Story: Chile's Salmon Output May Increase More than Expected, Help Shares

Headlining the news today is a focus on how Chile's farmed salmon production could increase more than expected this year, helping share prices of Chilean producers at a time when salmon from leading global producer Norway is limited, according to a trade association and analysts. As stricter regulations are implemented to tackle environmental problems that have decimated fish populations, local companies had forecast stable output in 2017 after a 20 percent decline a year earlier due to a deadly algae bloom. Production now looks likely to surpass expectations, said Felipe Sandoval, president of the Salmon Chile association, which represents producers.

Meanwhile, the Chilean salmon fillet market continued to trend lower yesterday. Urner Barry's Salmon Market Reporter Janice Schreiber writes that supplies range fully adequate to ample in the spot market coupled with a seasonally lackluster demand period. Downward pricing pressure is being felt not only from other origins of farmed salmon (i.e. Canada and Europe) but also from the growing supply of wild salmon; especially sockeyes. Additionally, market participants report that the volumes available out of Chile will continue to increase throughout the second half of the 

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Crabfest Back at Red Lobster with More Non-Snow Crab Offerings: Dungeness and Southern Red Crab

 SEAFOODNEWS.COM [Seafod News] July 11, 2017

 Crabfest®, is back at Red Lobster®! For a limited time Red Lobster is inviting guests to explore the restaurant's largest variety of wild-caught crab it offers all year, including two new types of crab – Dungeness and Southern King.

Red Lobster says diners can dive into its new "NEW! Dueling Crab Legs™" – a pairing of Pacific Northwest Dungeness and sweet Snow crab legs, or they can try the "NEW! Southern King Crab Leg ...

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OSU, Weather Service Establish New Oceanographic Buoy at Coos Bay

SEAFOODNEWS.COM [Seafood News] by Susan Chambers - July 10, 2017

A new buoy off of Coos Bay, Ore. -- something fishermen have been requesting for a few years -- is now in place.

The National Weather Service had been working with the local commercial and recreational fleets to update the agency's marine weather service products and provide the information in a way that best benefits marine users.

"I can not begin to count how many commercial and recreational fishermen have expressed a desire to have a wind observation outside of the Coos Bar, whether by buoy or ...

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