Wed. Jul 26 2017

Walmart Selects BAP as First Seafood-Related 3rd Party Auditor for Social Compliance


United Fishermen of Alaska's Fish Facts Shows Proportion of in-State vs. Out of State Fish Income


Zhejiang Province Imports White Shrimp Seed from Thailand for the First Time  


Hawaii Longline Leader Testifies on Ways to Strengthen the MSA  


Seafood.com News Summary Wednesday July 26, 2017


Tue. Jul 25 2017

Former Pacific Seafood Executive Sentenced for Embezzlement


Louisiana Shrimp Landings Lowest in 10 Years Due to Dead Zone Becoming More of a Problem


MSA Reauthorization Fault Lines on Recreation and Stock Target Flexibility Exposed in House Hearing


Court Battle over Placentia Bay Salmon Farm Could Scare Off Future Investors, Says Marystown Mayor


Guolian’s Net Profit Expected to Balloon by 700% or More in First Half of 2017  


Pacifico First Company to Raise Salt Water Striped Bass, Gets 4 Star BAP Rating  


Alibaba Joins Argentina's Ocean Family to Bring Fresh Red Shrimp to Chinese E-commerce Consumers  


Domestic Red Crayfish is a Big Success for Chinese E-commerce Platforms  


ISSF Seeks to Strengthen Tuna Conservation Efforts at IAATC


National Fisheries Institute Introduces Unique and Easy Summer Shrimp Recipes


Seafood.com News Summary Tuesday July 25, 2017


Mon. Jul 24 2017

Stavis Seafoods to Greatly Expand West Coast Distribution with Partnership with R.W. Zant


Russian Fish Co. to Expand Sales of Single Frozen Pollock to Domestic Market, Citing Weakness in EU  


Increasing Shortage of Vietnam Basa Could Lead to Higher Prices Later This Year  


Shanghai Crayfish Season at its Peak; Prices Have Skyrocketed Over Last Decade  


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


Summa Equity Acquires 75 Percent of Salmon Smoker Milarex  


Summa Equity Acquires 75 Percent of Salmon Smoker Milarex  


Seafood.com News Summary Monday July 24, 2017


Fri. Jul 21 2017

ANALYSIS: Shrimp Market an Island of Stability in Shellfish Sector  


ANALYSIS: Imported Mahi Mahi Prices Remain Near Record High Levels Amid Limited Production  


NOAA Locates Crabber F/V Destination Wreckage; Coast Guard Hearing Set for August


New President of B.C. Wildlife Federation Aims for Stability


Clean Seas Seafood Rebrands and Launches New Kingfish Campaign


Senators Collins, King Introduce Resolution to Designate September 25, 2017, as National Lobster Day


Australian Heard and McDonald Islands Toothfish Fishery is Recertified Under MSC  


Seafood.com News Summary Friday, July 21, 2017


Thu. Jul 20 2017

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


West Coast Dungeness Crab Season: Rocky Start, Good Markets, High Value  


BlueOcean Expanding Market for Pure Polar Shrimp Oil  


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


Canadian Fisheries Puts $8.9 Million in Upgrade, Expansion of St. Andrews Biological Station in NB


High Quality Shrimp Breeding Farm Set Up in Mekong Delta


Seafood.com News Summary Thursday July 20, 2017


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Fishing Company of Alaska Vessels and Quotas Sold to Ocean Peace, O'Hara Corp. 

The Fishing Company of Alaska, which is headquartered in Renton, Washington, is ending its operations and selling its assets. It was confirmed last Friday that the Fishing Company of Alaska has sold its three factory trawlers and catch quotas to Ocean Peace and O’Hara Corporation. A sale price was not disclosed. “We could not be any happier for our company, all the crew and our customers and vendors,” said Frank O’Hara Jr., executive vice president of O’Hara Corporation.

With December Gulf shrimp landings reported down again, it appears that this year will see the lowest level of domestic warm water shrimp landings since at least the year 2000. At the same time, since the imposition of antidumping duties in 2004, the value of the domestic Gulf shrimp industry has continually increased. John Sackton writes that these circumstances would remove any argument for the continuation of the shrimp anti-dumping duties against the major exporting countries of India, Thailand, Vietnam and China. "But we do not live in a rational seafood world. Instead, our government is whipsawed by political factions trying to use trade laws to enrich themselves and pass on costs to the American consumer," Sackton writes.

In other news, a Latvian Crab vessel and the 30 crew members on board were arrested last week as it was operating in the waters around Svalbard, the Norwegian Arctic archipelago. It is suspected of having engaged in illegal catch of snow crab on the Norwegian shelf in the Svalbard fishery protection zone, said the Norwegian Navy. Reports say the Latvian vessel The Senator had put out 2,600 snow crab traps in the area.

Meanwhile, an industry letter signed by more than 50 companies and fisheries groups to Vice President Pence and Secretary of Commerce nominee Wilbur Ross, urges the appointment of Chris Oliver to the post of Assistant Administrator for NOAA Fisheries. Oliver is the executive director of the North Pacific Fishery Management Council, a position he has held for 16 years. Prior to that, he worked as staff for the council for another ten years. "We need a leader of NOAA Fisheries who is committed to the economic productivity of American waters, and we are confident that Mr. Oliver is the right choice," the letter says.

Finally, McDowell Group's Senior Seafood Analyst Andy Wink says a downturn in farmed salmon production from suppliers in Chile and Norway is going to pinch supplies and make it difficult for buyers to fill orders. “So we’re looking at several years of either lower or constrained supply growth for farmed salmon. And that is pretty important because typically farmed salmon production has grown around 5 percent a year over the last 20 years," said Wink.  This lack of supply will clash with higher demand for salmon in many major markets, including in the US.

 

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