Wed. Nov 22 2017

John Garner Retiring as North Pacific Seafoods President and COO, Dave Hambleton to Replace


AFDF Announces Winners of 2017 Alaska Symphony of Seafood Contest  


Lobster Council of Canada Optimistic Heading Into 2017 Lobster Season  


ASMI Consolidates Offices in Juneau, Hires New Staff


Southeast Pink Salmon Catch Could Disappoint Again in 2018


Pew Charitable Trusts Blasts ICCAT's Bluefin Tuna Decisions  


Pacific Council Gives Preliminary Nod to Two Coastal Sardine and Other Pelagic Species Projects  


ASC and MSC Join Forces For New Seaweed Standard  


SeafoodNews.com Summary Wednesday, November 22


Seafood News Closed For Thanksgiving Thursday and Friday


Tue. Nov 21 2017

Russian Government to Consider a Return to Crab Industry Auctions


Norway’s Salmon Biomass up 10% This Year, and Rising  


Royal Greenland Strengthens Export Success in Chinese Market  


Red Lobster Adds Nephrops to Their Menu For ‘Ultimate Surf & Turf’ Event  


UK Portrait Calendar Raises Money For Fishermen's Mission Charity


New Zealand King Salmon Appoints David Whyte as New COO  


International "Tools of the Trade" Tech Conference Slated for February in Alaska


SeafoodNews.com Summary Tuesday, November 21


Mon. Nov 20 2017

NMFS Shuts Down Carlos Rafael’s Sector IX, Orders Vessels at Sea to Return to Port Immediately


Massive Recruitment Event Shows Up in Alaska Sablefish Stocks  


Mark Leslie, VP at High Liner,  Passed Away on Saturday at Age 59


ANALYSIS: Norwegian Wholefish Market Drops Leading Into Thanksgiving Week


Direct Flights Between Canada and China Expected to Boost Exports of Live Lobster  


Most of West Coast Dungeness Season Delayed Until Dec 16th to Allow for Better Meat Fill  


Maryland's Blue Pointe Seafood Opens Direct to Consumer Overnight Delivery Service  


Japan's YO! Sushi Acquires North America Brand Bento Sushi


SeafoodNews.com Summary Monday, November 20


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


SeafoodNews.com Summary Thursday, November 16


Study Finds ‘Tipping Point’ That Could Change Oyster Restoration Efforts  


Young’s Seafood Launches New Shellfish Line in the UK  


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Mahi Coming Off Menus With 2016/17 Season a Bust, US Inventories Limited and Market at Record Highs

Mahi is starting to come off of restaurant menus in the US this year since the 2016/17 fishing season in Central and South America was a bust, which has limited inventories in the US market, pushed frozen wholesale markets to record levels and sent fresh prices to abnormally high prices for this time of the year. Fresh and frozen mahi supplies are down from a combination of water temperature-induced production problems from major Central and South American suppliers and a hike in FDA inspections and rejections of mahi in 2016. Frozen mahi prices are now at record highs, while fresh prices are trending well above averages for this time of the year.

Major Chinese scallop producer and exporter Zhangzidao posted improved revenues in 2016. The company took several steps to turn around its business last year including improving its scallop production and sales to domestic markets. The company also to streamlined the management of its operations and slimmed down its business goals to focus more on production rather than distribution logistics.

Meanwhile, Clearwater Seafoods' sales grew 21 percent in 2016 compared to the previous year. Clearwater said its sales and earnings were positively impacted by strong prices for scallops and higher sales volumes for clams, lobster, langoustine, whelks and crab. However, Clearwater said this growth was mostly from its acquisition of Macduff Shellfish's operations in late 2015. Otherwise, the company's sales fell short of its target. "Excluding Macduff, Clearwater's core business financial performance was below expectations as the company felt the combined effects of shortages of supply in northern shrimp and sea scallops," said Ian Smith, Chief Executive Officer.

In other news, Japan's inventory of salted kazunoko (herring roe) carried over from 2016 is up 10 percent from a year before according to the Fisheries Agency's cold-store seafood distribution statistics. The agency said this was the highest increase rate on record.

Finally, the New England Fishery Management Council’s scallop committee will meet to discuss how catch reports might be compiled more quickly and how to collect better scientific data to estimate the number of scallops in the northern gulf. The committee first will work to identify issues that need to be addressed before the council considers making changes to fishing restrictions for each class of vessel. Some of Maine's small boat scallopers say current regulations favor unlimited quotas for the big boat sector and that they are getting squeezed out of the fishery.

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