Fri. Feb 23 2018

Investors Swoon over Land based Salmon Farming in Maine; 2nd Company Buys Major Site  


Newfoundland Furious Over Clam Decision, Cripples Year-Round Employment in Grand Bank


Supreme Crab & Seafood Enters Partnership With G&C Food Distributors  


Legal, Copying Chipotle, Expands Fish Bowl Concept Restaurants in Boston


Monterey Bay Fisheries Trust Building Fish Hub Along CA Central Coast


Consumers Eating Shellfish Throughout the Year, Fish Consumption Increases During Lent  


VIDEO: New Bedford Fishing; Russian King Crab Price Gap; Ropeless Traps; Ecuador Shrimp Price  


Nordic Aquafarms Holds Listening Session in Belfast, ME on its Large Aquaculture Project


Barents Sea Russian Red King Crab Fishery First in World to Achieve MSC Certification    


Sea Watch International Introduces New Flavors for Oven Ready Clam Strips Line  


Maxwell Chase Develops First-of-its-kind Packaging to Extend Shelf Life of Seafood


SeafoodNews.com Summary Friday, February 23


Thu. Feb 22 2018

Adak Has Now Processed 1000 ton of cod, Will Now Get Rest of 5000 ton Cod Set Aside for First time


Aquaculture Player to Process Seafood in Russia's Far East


Urner Barry Announces Several Key Appointments


Five Nations Clam Company Secures New Arctic Surf Clam License


SeafoodNews.com Summary Thursday, February 22


Wed. Feb 21 2018

Price Gap Between Russian Red and Golden King Crab at Historic Levels  


AK Bering Sea Crabbers Launch Search for New Executive Director


Santa Monica Seafood Expanding Pre-Packed Chilled Seafood Operations


Alaska Fisheries Trust Bill Supported During First House Hearing


Russia Concerned About Chinese Poaching Activities in Territorial Waters  


Washington Fish Farmers Urge State Lawmakers to Oppose Ban on Salmon Farms


Walmart Canada Introducing Sustainable Delivery For Vancouver Online Grocery Shoppers


Vietnam's Hung Vuong Sells Fish Meal Factory to Increase Capital; Plans to Up Basa Sales  


White Castle Brings Back Seafood Crab Cake Slider, Shrimp Nibblers For Lent  


Time for PWS Sablefish Fishermen To Register For the 2018 Fishery


Sea Watch Celebrating National Clam Chowder Day by Providing Bowls to Shelters, Food Pantries  


SeafoodNews.com Summary Wednesday, February 21


Tue. Feb 20 2018

Thai Union Group Sales Up 1.6%, Profits up 14.6%, With Strong North American Business


Industry Responds to Erroneous Reports about Dungeness Fishery  


Ecuador Shrimp Prices to China Fall to Lowest Level in Five Years  


Tassal 17th Company to Join Global Salmon Initiative  


Burned California Bears Treated With Tilapia Skin Now in Good Health  


ASC and MSC Team Up for Think Fish Week in France


GAA, IFFO Provide Update on South East Asia Fishmeal Project  


SeafoodNews.com Summary Tuesday, February 20


Mon. Feb 19 2018

California Crabbers Slow Landings, Say Won't Deliver at $2.50 per lb.  


Processors Must Eviscerate Dungeness Crab from Southern Oregon Due to Domoic Acid Levels  


China's Tariff Reduction Coincides with Imported Seafood Price Drops Around Chinese New Year  


Cooke Expresses Strong Disappointment with Washington House and Senate Votes to Ban Netpens


Trump Administration Wants to Cut Budget for NOAA, But Congress Unlikely to Accept   


New Seafood News Podcast Episode: Kingfish Zeeland Dutch Yellowtail, Coast Guard Rescue & More  


SeafoodNews.com Summary Monday, February 19


Vietnam’s Seafood Export Value Rises to U.S. $560 Million in January; Exports to China Grew in 2017  


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Alaska Closes 2016/17 Bering Sea Bairdi Crab Season For Low Biomass; Opilio Decision Still Pending 

The ADF&G announced the closure to the Bering Sea’s bairdi crab fishery for the 2016/17 season because of low stock abundance. The closure is not much of a surprise at this point since evidence of a subpar female bairdi crab biomass was first reported at the end of August. Alaska’s crabbers will now have to wait two years for the commercial bairdi fishery to reopen. Management protocols require that the stock meet minimum biomass thresholds for two consecutive years before the fishery can resume. Alaska’s opilio or snow crab season is now the last commercial crab fishery announcement pending release before the season starts on October 15. Here again, summer survey results were not positive for the fishery. At the very least Alaska’s snow crab fishery is expected to open under a reduced quota. It is also a very real possibility that the fishery is closed outright.

The FDA's total number of seafood refusals in September was the lowest monthly figure of the year in 2016, the second straight year that September figures represented a monthly low. However, this year’s generally higher rate of rejections continued as monthly and year-to-date figures remain well above 2015 levels. Over half of this year’s rejections are attributed to filth in the product. There is actually a notable balance in the number of rejections across the top five species in 2016, which is unlike last year when Malaysian shrimp was a key driver.

In other news, reports of delivery issues among E-commerce stores selling fresh seafood in China are starting to surface. Specifically, issues with maintaining an effective cold supply chain have been reported. This means E-commerce retailers have been ineffective at preventing fresh seafood products from spoiling before they make it to consumers. Live lobsters have reportedly arrived dead, while spoiled oyster deliveries have been reported by Chinese consumers.

Meanwhile, Russia is planning to significantly increase pollock processing in its Far East region in an effort to compete in global markets. The Russian government plans to allocate funds to build modern trawlers and onshore processing plants. This focus on higher pollock production coincides with Russia's 10-year quota renewal process, which is scheduled to happen in 2018.

Finally, China needs to focus on increasing domestic demand for tilapia in order to absorb expected production increases. China expects its tilapia output to rise about 3 percent in 2017. However, the US --the top export market for Chinese tilapia-- is already said to be saturated with tilapia supplies. In order to boost sales and clear inventories, CAPPMA says the tilapia industry must develop domestic demand to move product in 2017 and 2018.

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