Fri. Nov 17 2017

Trident Invests in APICDA’s Bering Pacific and Cannon Fish Subsidiaries


Giant Canadian Pension Firm Enters Seafood Industry with Purchase of Largest PEI Mussel Grower  


Russian 2017 Salmon Season Had Major Failures; New Fishing Restrictions Planned


ANALYSIS: Argentinian Pink Shrimp Will Stay in the US Market For the Long Term    


Oregon Delays Dungeness Crab Season Due to Low Meat Recovery  


Global Aquaculture Alliance CFO Jeff Fort Takes On COO Position


JD Fresh Moves 20,000 Tons of Fresh Food, Garnering Huge Success on Singles' Day  


VIDEO: EU Importers & Indian Shrimp; Maine Lobstermen; Alternative Tuna; Canadian Trade Benefits


SeafoodNews.com Summary Friday, November 17


Thu. Nov 16 2017

How Ocean Hugger Foods Is Breaking Into the Seafood Industry  


Bering Sea Pollock and Cod in Good Shape But Could Be Moving North


Chile Prolongs King Crab Season as Prices in China Rise More than 20 Percent  


California Commercial Dungeness Crab Season Opens With Dock Prices Around $3 A Pound  


China’s Fresh Food Ecommerce Changing the Equation for Air Cargo


France First Country to Put Legal Teeth Behind Claims of Supply Chain Dilligence


Moody’s Affirms Red Lobster Debt Rating, but Downgrades Outlook to Negative


Study Finds ‘Tipping Point’ That Could Change Oyster Restoration Efforts  


Young’s Seafood Launches New Shellfish Line in the UK  


SeafoodNews.com Summary Thursday, November 16


Wed. Nov 15 2017

EU Importers Already Shifting Away from Indian Shrimp Prior to EU Inspection Visit  


Latest Stock Assessment Shows 80% drop in GOA Pacific Cod ABC for 2018  


Center For Biological Diversity Takes Aim at California Dungeness Fishery With New Petition  


ADF&G Releases Bristol Bay Forecast for 2018; Harvest Predicted at 39 Million Sockeye


On the Central California Coast, Dungeness Crab Season Gets Under Way  


Euromonitor Says Fresh Fish Consumption Falling in Europe


Maine Opens Eel License Lottery for 2018 Season  


Captain D’s Data Sheds Light on Customer Base


Cermaq Announces Improvement in Fish Survival Rate for Atlantic Salmon  


Sanford Releases Annual Financial Results As They Look to the Future  


Bristol Seafood Accepts Portland, Maine’s Business of The Year Award


SeafoodNews.com Summary Wednesday, November 15


Tue. Nov 14 2017

Maine Lobster Harvesters: Don't Abandon Marketing Program Just When It is Needed (Editorial)    


Branding Fight Breaks Out as Local Community Supported Fisheries Object to FultonFishMarket.com


Tassal Backs Away from Dumping Treated Wastewater from Salmon Pens Back into Macquarie Harbour  


Pangasius Farm Gate Prices Hit Record After Rains in Mekong  


Restaurant Industry Third Quarter Earnings Report Shows Drop in Sales


Open Blue First Coba Supplier To Achieve 4-Star BAP Certification  


South Coast Cod Fishery Secures Local Jobs Over the Winter  


Australia Seafood Co-Op Working On Alternative to Planned Carp Herpes Virus Release  


SeafoodNews.com Summary Tuesday, November 14


Mon. Nov 13 2017

JD.com Gives Alibaba Competition, With $19.14 Billion Singles Day Haul and More Focus on Seafood


With Prices Lower, Japanese King Crab Buyers Still Expect Strong Competition for Supplies  


SeafoodNews.com Summary Monday, November 13


Hokkaido Port Celebrates 80 Years of Kazunoko (Herring Roe) Production, Plans Market Campaign  


Sustainable Fisheries Partnership Joins Forces With Nueva Pescanova Group


United Fishermen of Alaska Hire New Executive Director


IFFO Announces Incoming President And Full Management Board For 2018  


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Barents Sea Cod Quota Virtually Unchanged 

The Norwegian-Russian Fisheries Commission announced that the cod quota will be 890,000 tons, reduced just 4,000 tons from 2016. This contradicts the official recommendation of ICES which called for a 10% cut in the quota. This marks the second year in a row that the joint Barents sea commission has ignored ICES advice. The implication of the meeting is that cod stocks are still at a high level. 

US Foods finalized a deal to acquire Florida-based seafood processor and distributor Save on Seafood. The company is based in St. Petersburg and provides fresh and frozen seafood to restaurants and grocery stores across the Southeast market. Save on Seafood reported $80 million in annual sales. US Foods will retain all of Save on Seafood’s 170 employees. Save On’s Owner Gib Migliano will stay on board as president of the company. Save On will continue to operate out of its current headquarters as a subsidiary of US Foods under its Stock Yards organization. “Seafood sales continue to rise throughout the Southeast, and with Save On Seafood we are able to expand our fresh and frozen seafood offerings to our customers in these markets,” said David Norton, president, Stock Yards, US Foods.

In other news, Chinese shrimp distributor Guolian Aquatic said it has increased its profits 20-fold through the first three-quarters of 2016 compared to year ago levels. Guolian said its sharply higher profits is the result of diverse sales to chain restaurant and because of improved sales to the US market through its Sunnyvale Seafoods subsidiary. Guolian's board also said that the stronger dollar has helped its profitability and that the ending of the FDA automatic detention for some of its shrimp products has also cut costs.

Meanwhile, Tri-Marine's Cheif Operation Officer Joe Hamby told the Western Pacific Fishery Management Council that American Samoa's tuna processing industry is struggling to compete with US suppliers because of ongoing fish shortages. Hamby said American Samoan canneries are no longer able to take advantage of selling tuna to the US market duty-free since they have limited fish supplies to process. “American Samoa’s only advantage besides duty-free access to the US market is fish supply. That advantage has been reduced and may be considered lost due to closure or reduced access to of some of American Samoa’s traditional fishing grounds,” Hamby said.

Finally, Patrice McCarron, the Executive Director of the Maine Lobstermen's Association said the Atlantic States Marine Fisheries Commission should reverse its decision on Atlantic menhaden quotas since there is overwhelming scientific evidence that shows the stocks can support higher catch limits. "When the issue of raising the menhaden quota is again brought to a vote, the Atlantic States Marine Fisheries Commission has the opportunity to reverse its flawed decision to cut the menhaden harvest," said McCarron.

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