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  


Fri. Feb 16 2018

SeafoodNews.com Summary Friday, February 16


Fisheries Council of Canada Welcomes Designation of Ocean Supercluster by Ottawa


NFI's Crab Council Grows to 33 Members  


Oregon Readies New Waste Water Requirements for Seafood Processors


VIDEO: F/V Sinks; Record Shrimp Consumption; Nemesis Pulled From Water; New Whole Foods Policies


Alaska Deckhand Apprentice Program Calls for Applicants


Russian Security Service Challenging Crab Quota Holders as Illegal Foreign Controlled Business  


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China's White Shrimp Production Down by Over 150,000 tons in 2016 

A survey report of shrimp farming in six Chinese provinces shows that overall vannamei production declined by more than 150,000 tons in 2016. This represents a reduction in output of about 20 percent. As we have been writing all year, the reduction in China's domestic shrimp industry is one of the factors behind the surge in shrimp imports, especially from countries such as Ecuador and India.

We run a historical overview of the Gulf of Alaska's trawl fleet rationalization programs. Last month the NPFMC tabled all options for providing some type of catch shares for the Gulf of Alaska trawl fleet, setting the latest 4-year process back to square one, and leaving the basic issue of how to end the race of fish unresolved.

In other news, monthly shrimp imports from India surged again to the US market in November, which helped push total shrimp shipments for the year past the 1.2 billion pound mark. US shrimp imports are on track to set an all-time record level for imported volumes in 2016. Still, despite India's surge in shrimp sales to the US market in 2016, its overall earnings from seafood exports are down 14.5 percent this year.

Meanwhile, fish and shrimp prices in Chinese markets are up as much as 50 percent in the run-up to the Chinese New Year, which falls on January 28 this year. Fish market operators say prices still have room to go even higher, particularly for fresh seafood items, as the major holiday gets closer.

Finally, Thai Union has set up a wholly-owned subsidiary in Shanghai. Tai Wan Sheng Aquatic Trading is 100 percent owned by TU and will handle marketing, branding, sales and distribution of seafood and other pre-packaged food in the Chinese market. Faisal Sheikh is Thai Union’s managing director of emerging markets will act as the representative of the subsidiary.

Have a great weekend.

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