Fri. Jan 19 2018

Fortune International Announces Senior Level Promotions


DDP Entries Not Affected by New SIMP Requirements, Despite Some Importer Confusion


VIDEO: Shrimp Seized in FL; Fishing Captain Arrested; Japan Sounds Alarm Over Fugu; Sector IX Update


$300K Tuna Sold at Final Tsukiji Fish Market Heads to NYC Sushi Chain  


Sea Otters Ravaging Shellfish in Southeast Alaska  


SeafoodNews.com Summary Friday, January 19


Thu. Jan 18 2018

UK Retailers Express Concerns Over Sustainable Tuna  


Claims of 300 Job Losses Due to Sector IX shutdown Are Overblown  


Coast Guard, NOAA Seize 6,000 Pounds of Illegal Shrimp from Florida Fishing Vessel  


Russian Pollock Producers Again Vow to Focus more on Domestic Market  


Shanghai Sets New Live Seafood Import Record in 2017  


ASMI Educating Chefs About Quality of Frozen Fresh Alaska Seafood


Scallop Group Praises NMFS Decisions on Openings, But Still Wants Georges Bank Area as Well  


Open Seat On Commercial Fisheries Entry Commission Draws Applicants


Tampa Maid Foods Adds Former Cargill VP of Sales As COO, Executive VP


SeafoodNews.com Summary Thursday, January 18


Wed. Jan 17 2018

Richard Stavis Steps Down as CEO, as Stavis Brings in International Investor with Ties to Argentina


High Liner Foods Restructuring Canadian Operations After COO Jeff O’Neill Exits


North Carolina Congressman Calls for Shrimp to be Included in SIMP  


Florida Keys Commercial Fishing Captain Arrested After Illegally Dumping Lobster Traps  


ADF&G Wants to List Southeast Chinook as a Stock of Concern; Board of Fish Hears Dire Outlook  


CDFW Opens More Areas to Commercial Rock Crab Fishery as Domoic Acid Levels Drop  


NOAA Appoints Kevin Wheeler as New Deputy Chief of Staff


Survey Shows Lobster Recruitment Up Around P.E.I.  


How a Food Additive Could Change Food Safety in Fish


SeafoodNews.com Summary Wednesday, January 17


Tue. Jan 16 2018

Jeff Davis Retires From Blue Harvest Fisheries; Keith Decker Named New CEO


European Importers Move to Strengthen India Shrimp Trade with High Level Meetings in Goa  


ANALYSIS: Fresh Chilean Fillet Imports Up YTD, But Overall Fresh Fillet Imports Down  


How Pacific Seafood Became the First Company to Offer BAP 4 Star Oysters  


Kodiak's Tanner Crab Fishery Opens For First Time in 4 Years  


Carrefour's Innovation Brings Lobster, Oyster Delivery to Chinese Online Consumers in One Hour  


Global Fishing Watch Partners With NOAA to End Illegal Fishing in Indonesia


SeafoodNews.com Summary Tuesday, January 16


Alaska Salmon Protections Get Enough Signatures for Ballot  


Mon. Jan 15 2018

SeafoodNews.com Summary Monday, January 15


Latest Seafood News Podcast Breaks Down Swiss Lobster Rule, New Netflix Series & More


South Atlantic Council Wants Public Input on Management Changes for Atlantic Cobia


Concern for Whales as Northern California Crab Season Opens  


South Korea Plans US $500 Million Investment in Pollock Processing Factories in Russia    


Sysco Acquires UK-Based Foodservice Distributor Kent Frozen Foods


Beijing Customs Uncovers Frozen Seafood Smuggling Case Worth Millions  


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Banks Closer to Forcing Pacific Andes Liquidation with Court Win in British Virgin Islands

Banks who are major creditors of Pacific Andes are one step closer to winning liquidation of the company, after a judge ruled in their favor in the British Virgin Islands (BVI). The BVI Commercial Court ordered the appointment of liquidators over Pacific Andes Enterprises Limited, Parkmond Group Limited, and PARD Trade Limited, three BVI incorporated companies that form a key part of the China Fishery Group. The applications were unsuccessfully contested on the principal ground that the appointment of liquidators would irretrievably damage the prospects of a wider, global restructuring of the Pacific Andes Group.

An investment group concluded that Northern Dynasty's Pebble mining deposit in Alaska is not commercially viable. "Mining it would require so much upfront investment that it would actually destroy value," said Kerrisdale Capital in its analysis of Northern Dynasty's assets. The analysis goes a step further and says Northern Dynasty attempted to hide the real value of the assets from the public. "Kerrisdale believes Northern Dynasty’s former partners concluded that the Pebble project had a negative present value – an assessment that Northern Dynasty has spent years trying to conceal from public," the firm said.

In other news, the Russian Fishery Co. plans to significantly expand pollock production volumes, yet its plan, backed by China, may run into opposition from state agencies. Russian Fishery's expansion plan includes a $50-$60 million proposal to expand its fishing fleet with the construction of six factory trawlers. Russian Fishery would rely on a loan from Chinese investors and overseas shipyards to build the boats. But this runs counter to a federal plan that awards catch quotas to operators that commit to using domestic resources to expand the Russian fishing industry.

Meanwhile, we run an Editorial published by the Daily Astorian in Oregon that slams state Governor Kate Brown's intention to squash an agreement that allows for the use of gillnets to commercially harvest some salmon on the Columbia River. "Yes, all Oregonians want recreational fishing to prosper. But by rejecting any compromise on behalf of hardworking commercial fishermen, Brown places herself solidly against jobs for struggling rural voters," the Astorian said.

Finally, Krystal is bringing back Shrimp Po’ Boy sandwiches for the Lenten season in partnership with King & Prince Seafood. The burger chain will feature the fried shrimp sandwiches on its menu in a $5 meal deal. The shrimp can also be ordered by the basket. "Krystal and Shrimp ring nicely together," said Mike Tigani, Director of Marketing for King & Prince Seafood. "We are humbled to be working with a company that prides themselves on the same Southern culture and great food we at King & Prince do."

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