Tue. Feb 21 2017

Grieg Posts Record 4Q Earnings on Strong Salmon Prices, Higher Production  


Perciformes’s First Harvest of Farmed Sablefish Off To Market


Mon. Feb 20 2017

Iceland's Commercial Fishermen Resume Fishing as Labor Deal Gets Narrow Approval  


Russia's Quota Incentive Program Does Not Spur Crab Producers to Place Domestic Shipbuilding Orders  


PODCAST: India Carries US Shrimp Imports to Record; Snow Crab Prices Smash Records Before Boston  


Handy Seafood Launches Line of Value Added Oysters in Time for Boston Show


Effective Management Can Navigate Climate Impacts on the Fisheries


Seafood.com News Summary Monday February 20, 2017


Fri. Feb 17 2017

Red Chamber to Allow Federal Observers Aboard its Red Shrimp Boats in Argentina to Meet FIP Goal  


Feds to Analyze Environmental Impacts of Western Pacific Longline Fisheries for Bigeye and Tuna  


Scientists Find Extreme Forage Fish Populations are Natural, Likely Unavoidable


Sharp Increase in Iceland's Capelin Quota Could End Fishermen's Strike


Bumble Bee Adds Flavors and Launches Snack Kit Packaging to Tuna Pouch Lineup


Bojangles' Features Alaska Pollock Fish Sandwich for Lent


Great Eastern Seafood Celebrates 35 Years in Business With First Boston Show Exhibit Since 1992


Seafood.com News Summary Friday February 17, 2017


Thu. Feb 16 2017

IATTC Makes Progress on Decreasing Effort on Bigeye and Yellowfin Tunas


Seafood.com News Summary Thursday February 16, 2017


Wed. Feb 15 2017

How Alaskans Forced Snow Crab Prices Above $8.00; This Price Likely to Carry Through to Boston   (1) 


Marine Harvest Doubles Earnings in 2016; Adding Processing, Farming Sites to Grow N. American Sales  


China Update: Tilapia Processors Restart with Stable Prices; Shrimp Production Above Expectations  


HB Grandi Says Japan's Roe Market Could Benefit as Iceland Raises Capelin Quota to 299,000 MT


Second Alaska Buyback Program for Southeast Seine Permits Not Approved  


Hokkaido Crab Dealer Goes Bankrupt After Russia Tightens Crab Enforcement  


Pacific Andes Confirms Insolvency Proceedings Have Started for One Subsidiary


China's Xuzhou Jinjiangfoodstuffs Becomes First Crawfish Producer to Earn BAP Certification   (2)


Samherji-Owned Íslandsbleikja Gets Arctic Char Processing Plant in Iceland BAP Certified


US Foods Acquires Assets to Rhode Island Broadline Distributor All American Foods


Seafood.com News Summary Wednesday February 15, 2017


Tue. Feb 14 2017

Russian Fishery Co. Plans Major Pollock Expansion with Chinese Backing  


Krystal and King & Prince Seafood Partner Up to Bring Back Shrimp Po' Boys for Lent  


Fishery Tensions Rise Between China and South Korea after Korean Landings Hit Record Lows


Rain Forest Aquaculture Gets Three-Star BAP Certification at Fresh Tilapia Facility in Costa Rica


World Bank Report Says Fisheries Reform with Catch Limits Shows Promising Results


Seafood.com News Summary Tuesday February 14, 2017


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Red Chamber to Allow Federal Observers Aboard its Red Shrimp Boats in Argentina to Meet FIP Goal

Red Chamber said it will participate with Argentina’s national fisheries research institute INIDEP in a fishery observer program for the inshore Patagonian pink shrimp fishery. Argentina’s Patagonian pink shrimp are also known as red shrimp or Pleoticus muelleri. They are a wild-caught coldwater shrimp. Red Chamber Argentina (RCA) said it committed to the observer program for the Patagonian shrimp in order to fulfill goals listed in a Fishery Improvement Program for the fishery that the company is participating in. “We are looking forward to working with INIDEP to track juvenile hake bycatch in the red shrimp fishery and make progress towards management improvements,” said RCA President Marcelo Mou.

Cod prices in UK markets are on the rise from the combination of the prolonged fishermen's strike in Iceland and because of high salmon prices. Analysts say high-priced salmon has UK motivated consumers to switch to lower-priced cod. However, UK cod supplies are starting to feel the pinch from Iceland's prolong fishermen's strike that started in November. In a related story, European fish market analysts at Marko Fish say Iceland's sharply higher capelin quota announced this week could motivate Iceland's fishermen to end their strike. “There are higher probabilities that the strike will be resolved in the next few days than before due to the issue of enlarged quota for capelin of 196 thousand that will be Iceland’s share of the quota. Due to the relatively short catch window for the capelin the pressure to end the strike is increased,” said Marko Fish.

In other news, Vietnam's largest pangasius exporter Vinh Hoan purchased all of the assets to pangasius processors Thanh Binh Dong Thap Seafood for an undisclosed amount. The move increases Vinh Hoan's processing capacity by 20 percent according to a local report.

Meanwhile, NMFS said it will prepare a Programmatic Environmental Impact Statement (PEIS) on the U.S. Pacific Island deep-set tuna longline fisheries, which target bigeye tuna. The PEIS will analyze the environmental impacts of management of deep-set tuna longliners, which operate out of Hawaii, American Samoa, and the U.S. West Coast. "The PEIS is a proactive step in the management of deep-set tuna longline fisheries," said Western Pacific Fishery Management Council Executive Director Kitty M. Simonds. "It streamlines environmental review for future management decisions and facilitates the ability of fisheries to adaptively respond to changing conditions."

Finally, the United Fishermen of Alaska flagged concerns about House Bill 511, an income tax bill that begins hearings today in the House Finance Committee. UFA says many fishermen will have "major difficulties" complying with withholding requirements on payments to fishing crew.

Have a great weekend.

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