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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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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