Tue. Mar 28 2017

Pollock roe Auctions Return High Prices, in Boost to Alaska Companies  


Two Pacific Andes Subsidiaries Seek Chapter 11 Protections as Liquidation Proceedings Begin


Groundfish Enterprise Allocation Council Wants Newfoundland to Temper Expectations of Cod Rebound  


Oregon Salmon Industry Requests 2016 Fishery Disaster Declaration  


Court Grants Increased 'Spill' to Aid Endangered Columbia/Snake River Salmon  


Sitka Herring Sac Roe Fishery Wraps Up  


Vietnamese Pangasius Duty Rates Unchanged in Final 12th Review  


Russia Dangles More Pollock Allocations if Koreans Invest in Russian Processing  


BluGlacier, Ventisqueros Bring ASC, BAP Certified Silverside Premium Farmed Coho Salmon to US Market  


PODCAST: Alaska’s Summer Salmon Forecast; Lots of Scallop News and Back from Boston Recap  


Darden Restaurants Acquires Cheddar's Scratch Kitchen For $780 Million


Lakes Farm Raised Catfish Issues Recall Notice to USDA for Fish that Contain Antibiotics   (0) 


Seafood.com News Summary Tuesday March 28, 2017


Mon. Mar 27 2017

Some Newfoundland Snow Crab Plants Attempting to Settle with Japanese at $6.95 FOB St. John’s  


US Shrimp Consumption Poised to Take Off With Other Seafood Markets at Record High Prices  


Yurok Tribe Warns of ‘Most Catastrophic Fisheries Collapse in Klamath River History’  


Sealord Will Sell Caistor to Nissui


Maine Lobstermen Figured Out How to Make More Money Off Their Catches


Florida's Spiny Lobster Season to Close on April 1  


WWF-Canada Supports Parliament's Standing Committee Recommendations on Capelin Stock Assessments  


Seafood.com News Summary Wednesday March 27, 2017


Fri. Mar 24 2017

Torrential Rain, Massive Flooding Deals Blow to Peruvian Scallop Production  


VIDEO: Back from Boston; Alaska Salmon Season Forecast and Stolen Scallops Reach New England Market  


New Wave's Vegan, Algae-Based Shrimp Ahead of Distribution Schedule as Gets Quick Market Interest  


EU Funding Same DNA Technology That Identified Horsemeat to Properly Label Imported Snapper


Hillborn to Speak on Sustaining Food From the Seas in Prestigious Lecture


Cuba Inaugurates Ocean Acidification Observatory


StarKist Goes Bold With New Tuna Pouch Flavors  


Seafood.com News Summary Friday March 24, 2017


Thu. Mar 23 2017

Oregon Pink Shrimp Price Negotiations Canceled This Week  


Sitka Herring Roe Fleet Has Now Caught More than Half the Quota  


Proposed Rule Will Allow Alaska Fishermen to Test New, Voluntary Electronic Monitoring


Thai Union Expands Work Against Human Trafficking in Supply Chain to Include Global Retailers


Worldwide Industry, NGOs Advocate for Policy Changes in Tuna Fisheries in 2017


Seafood.com News Summary Thursday March 23, 2017


Wed. Mar 22 2017

Sakhalin Officials Arrested For Allowing IUU Russian Crab to Flow to China  


GAA, MultiExport Foods and Mitsui Sign Initiative to reduce SRS Salmon Disease in Chile  


SFP Announces Merger of Two Major Squid FIP Monitoring Groups in South America and Asia  


Western Pacific Council to Tackle Management in Papahanaumokuakea Marine National Monument


Seafood.com News Summary Wednesday, March 22, 2017


Upcoming Events cal

Titter UB Shop Youtube Facebook
Contact

Urner Barry
P.O. Box 389
Toms River, NJ 08754
1-732-240-5330

Seafood.com
8 White Pine Lane
Lexington, MA 08754 02421
1-732-240-5330, 781-861-1441


Advertising

Nicole Christie
1-732-240-5330 ext. 275
nchristie@urnerbarry.com

Janice Schreiber
1-732-240-5330 ext. 280
janice@urnerbarry.com

Terence Wells
1-732-240-5330 ext. 284
twells@urnerbarry.com

Editorial

John Sackton
Editor and Publisher
8 White Pine Lane
Lexington, MA 02421
Voice: 781-861-1441
 Fax 781-533-9480
jsackton@seafood.com

Michael Ramsingh
Production Editor
182 Queens Blvd
Toms River, NJ 08754
Voice: 732-575-1983
michaelramsingh
@seafood.com


Peggy Parker
Science and Sustainability Editor
PO Box 872
Deming, WA 98244
Voice: 360-592-3116
peggyparker
@seafood.com


Support and Questions
1-800-443-5330
support@seafood.com

Subscription Info
1-800-932-0617
sales@seafood.com

Terms

License Agreement

Alaska Concludes Best Halibut Season in Decades With Stocks Stable, Catches Up and Prices Higher 

For the first time in decades, the total Pacific halibut catch for Alaskan and Canadian fishermen is expected to increase 2.3 percent to nearly 30 million pounds this season. Alaska's halibut fishery ended on November 7 for about 2,000 longliners with IFQs. The fishery is expected to produce about 20 million pounds if the entire quota is landed. Assessment data shows Alaska's halibut stock is stabilizing and recovering after a long period of decline. “Fishermen say they’re seeing some of the best fishing they’ve ever seen in their lives there, bigger fish, better production and you see that reflected in IFQ prices,” said Doug Bowen of Alaska Boats and Permits in Homer.

According to the Canadian Independent Fish Harvesters’ Federation foreign buyers are seeking to illegally buy Canadian lobster licenses in Southwest Nova Scotia. Canadian law restricts harvest licenses to fishermen who own or operate their vessels and live in a fishing community. But over time, back door financing has left some of these licenses as little more than fronts for the true owners. “This is against Atlantic Canadian policy in the Fisheries; the only person who can own an inshore lobster fishing license is a Canadian inshore fisherman; someone who lives in a fishing community and goes to work on a fishing boat which he or she owns and operates," said the Harvesters' President Christian Brun.

Meanwhile, about half of Iceland’s fishermen will get back to work after just a three-day-long strike that started last Thursday night. According to a release from government fishery officials with Fisheries Iceland, the Fishermen’s Union of Iceland known as SSI signed a two-year labor deal over the weekend to end the work stoppage. However, two factions of Iceland’s fishing unions, which represent almost 50 percent of the industry, did not sign the deal. Further negotiations with those groups are expected to continue this week.

In other news, Ecuador has signed a free trade agreement with the European Union (EU), Colombia and Peru that is expected to ease tariffs on Ecuadorian shrimp and seafood shipments to the EU market. As of September, the EU accounted for about 30 percent of Ecuador’s shrimp exports, second to Asia. Ecuador’s shrimp export volume to the EU in 2016 is up 14 percent compared to 2012. "The accession of Ecuador to the agreement will provide the parties with new market access opportunities for some of their main exports. These include automobiles, alcoholic beverages and dairy products on the EU side, and fisheries, banana, cut flowers and cacao on the Ecuadorian side," the EU Council said.

Finally, the two major Japanese companies Maruha Nichiro and Nippon Suisan had differing half-year reports, showing them exposed to different economic and market factors. Both companies reported declining sales, problems with pollock roe and surimi markets, and favorable trends in salmon. But Maruha Nichiro achieved record mid-term profit on the strength of decreasing procurement costs due to the yen’s upswing while Nippon Suisan reported a difficult first half of the year, with net profits falling 31 percent.

To Read Full Story Login Below.

Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.

Submit comment or question


Submit Notification

Comment Policy: SeafoodNews.com and Urner Barry have made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive Comments, or comments deemed not relevant to the story will be removed, and if necessary, SeafoodNews.com and Urner Barry may restrict the right of individual subscribers to offer comments. IN all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by SeafoodNews.com and Urner Barry.