Fri. May 26 2017

Atlantic Scallop Prices Continue to Crash in May with Landings Up 23% from Last Year  


Oregon, California Governors Ask Feds to Declare Catastrophic Salmon Disaster  


California Salmon Hearing Includes Warnings of Impending Disasters, Some Solutions  


Southeast Alaska Spring Troll Fishery for Chinook Closes Monday  


VIDEO: Ecuador’s Shrimp Production and Sales to Asia Reach Records; Alaska’s Salmon is Underway  


Ancient Genetic Markers in Sockeye Salmon Can Help Manage Healthier Fish Stocks  


Study Says US Investments on Aquaculture Research Pay Dividends


New Zealand Boosts Fisheries Budget by US$21.5 Million


MSC Certifies the Greenland Halibut Fishery off West Greenland as Sustainable  


Seafood.com News Summary Friday May 26, 2017


New Zealand Boosts Fisheries Budget by US$21.5 Million


Thu. May 25 2017

Further Restrictions on Copper River Kings as Landings Higher than Expected in First Two Fishing Per  


New Rockfish Longevity and Spawning Info Will Help Stock Assessments and Ensure Healthy Populations   (0) 


Rick Speed Joins ISA as VP Sales; Parent Company Shifts Marketing Approach  


Miffed Land Grabber Attempts to Block Pacific’s Surimi Plant Deal in Threat to Whiting Fishery  


DHL Now Shipping Live Crabs and Seafood from Northern Norway to South Korea and US Markets  


Sea to Table Expands Seafood Delivery Service Directly to Consumers


Sustainable Fisheries Partnership Teams Up With Spain's Largest Seafood Canner Jealsa  


DFO Identifies 140,000 km of Ocean West of Vancouver Island for MPA Designation


Seafood.com News Summary Thursday May 25, 2017


Wed. May 24 2017

Oregon Pink Shrimp Volume Steady; Small Sizes Remain a Concern  


DFO Opens Newfoundland's 3Ps Inshore Cod Fishery But Issues No Decision for Offshore Harvesters  


Chilean Customs Workers Go On Strike Indefinitely  


WWF Study: Shrimp Can Be Traced Back to Their Country of Origin Through Elemental Profiling  


ISSF Compliance Report Focuses on Tuna Best Practices, Collaboration  


SCeMFiS Funds Seven Research Projects Affecting Fisheries Management  


Cape Greig Walrus are Back, ADF&G Plans Changed Fishery Boundary Again


Seafood.com News Summary Wednesday May 24, 2017


Tue. May 23 2017

Congressional Trade Committee Hears Testimony About US Seafood Trade Deficits from ASPA and NFI  


RFM Certification Underway for Five Alaska Crab Fisheries, ASMI Calls for Stakeholders Input  


Chinook Salmon Research in Yukon and Nushagak Rivers Designed to Help Manage Fisheries  


Commerce Department Rescinds Duty Rate Review for Chinese Shrimp Exporters  


Santa Monica Hires Dave Harrison as VP of Procurement


Long John's Featuring Buttermilk Breaded Alaskan Cod on Menu for the Summer  


Canada's Redfish Fishery Earns MSC Certification  


VIDEO: Ecuador's Shrimp Output and Sales to Asia Reach Records  


James Beard Chef Says Maine Should Start Eating its Invasive Green Crab Problem


Seafood.com News Summary Tuesday May 23, 2017


Mon. May 22 2017

Ecuadorian Shrimp Exports at Record Level in 2017 as Sales to Asia Dominate Market Share  


F/V America's Finest, Largest Catcher Processor Built in US in 30 Years, May Need Jones Act Waiver


First Copper River Opener Took Nearly Half the Chinook Forecasted Harvest and 36,000 Sockeye  


PODCAST: Canada’s Snow Crab Market Stabilizes and China’s Era of High Shrimp Output Fades  


Seafood.com News Summary Monday May 22, 2017


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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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