Fri. Jul 21 2017

ANALYSIS: Shrimp Market Prices Generally Stable  


ANALYSIS: Imported Mahi Mahi Prices Remain Near Record High Levels Amid Limited Production  


NOAA Locates Crabber F/V Destination Wreckage; Coast Guard Hearing Set for August


New President of B.C. Wildlife Federation Aims for Stability


Clean Seas Seafood Rebrands and Launches New Kingfish Campaign


Senators Collins, King Introduce Resolution to Designate September 25, 2017, as National Lobster Day


Australian Heard and McDonald Islands Toothfish Fishery is Recertified Under MSC  


Seafood.com News Summary Friday, July 21, 2017


Thu. Jul 20 2017

ANALYSIS: Chilean Market Continues to Weaken to Levels Now Below 2016  


West Coast Dungeness Crab Season: Rocky Start, Good Markets, High Value  


BlueOcean Expanding Market for Pure Polar Shrimp Oil  


VIDEO: Trident Seafoods Value; Bakkafrost Bacteria Outbreak; UK Seafood Fraud


Canadian Fisheries Puts $8.9 Million in Upgrade, Expansion of St. Andrews Biological Station in NB


High Quality Shrimp Breeding Farm Set Up in Mekong Delta


Seafood.com News Summary Thursday July 20, 2017


Wed. Jul 19 2017

Bakkafrost Shuts Down Salmon Harvesting Due to Listeria; Market to be Short Large Fish


UK Sushi Bars Accused of Mislabeling Some Seafood, but Not as Much as US   (0)


New Study Quantifies Impact of Different Types of Bottom Trawls on Seabed Ecosystem  


Global Salmon Initiative Strengthens Global Presence with Acceptance of Four New Members  


China Research Vessel Leaves Tomorrow for First Circumnavigation of Arctic Rim


Chicago Tastemakers Meet Maine's Most Iconic Seafood: Lobster  


Live Canadian Geoducks Arrive at New Airport Clearance Site in Qingdao For First Time  


Seafood.com News Summary Wednesday July 19, 2017


Tue. Jul 18 2017

Bristol Bay Run Exceeds 50M, Catch Over 33M, Season Not Over Yet  


Gulf Reef Fishermen Support Conservationists Lawsuit Against NOAA Fisheries on Red Snapper  


Russian Salmon Season off to Strong Start; up 30-40% Over 2015  


Japan Claims China Exceeded International Management Measures for Mackerel  


Chinese Mainland Demand for Crayfish is High; Industry Employs 5 Million  


Seafood.com News Summary Tuesday July 18, 2017


Fish Oil Group Launches Improved Standard in Marine Ingredient Industry  


Mon. Jul 17 2017

ASMFC Blasts Secretary Ross Decision on Summer Flounder in Favor of New Jersey’s Recreational Sector


Seafood.com News Summary Monday July 17, 2017


Russian Fishing Tycoon Gurinov to Control 30% of Catch of Sardines and Mackerel in Russia  


Guangxi Shrimp Farmers Worried About Shrimp Survival After Heavy Rains  


Inslee Vetoes Anti-Shrimp Legislation That Would Have Helped Washington Oyster Growers  


Ron Jensen, Long Time Seafood Industry Leader, Has Died


Sun. Jul 16 2017

Bristol Bay Run Exceeds 50M, Catch Over 33M, Season Not Over Yet  


Bristol Bay Run Exceeds 50M, Catch Over 33M, Season Not Over Yet  


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Direct Source Seafood and Aqua Star Settle Chef’s Net Trademark Suit with No Damages to Either Party

A $2 Million lawsuit filed by Direct Source Seafood against Aqua Star charging violation of the CHEF’S NET trademark has been settled with no payments of damages to either party. The dispute arose last year when DSS accused Aqua Star of selling shrimp with the Chef’s Net packaging and trademark. This winter, the parties agreed to a stipulated settlement which would permanently enjoin Aqua Star from selling shrimp under the CHEF’S NET brand. Washington District Court Judge Robert Lasnik accepted the motion by both parties this week.

The US Court of International Trade (CIT) sided with domestic shrimp producers who argued duty rates for Vietnamese shrimp exporters were too low because of publicity about labor abuse. The Trade Court asked The Department of Commerce to explain its duty rate calculation in a decision that could raise duties on Vietnamese shrimp exporters and subject more companies to dumping rates. “This decision highlights the risk to seafood importers under new Customs laws banning imports f forced labor because it shows that U.S. industries are paying attention to labor abuses abroad, particularly in the seafood sector, and it shows that alleged labor abuses can be used as a means to curb foreign trade even in the context of trade remedies proceedings,” said Jarrod Goldfeder, an international trade attorney at Trade Pacific PLLC in Washington D.C.

In other news, we run a profile of Thai Union's growth through a number of mergers and acquisitions over the last 20 years. These deal were done under the leadership of its CEO, Thiraphong Chansiri who took over the business from his father in 1994. Chansiri set his management team the goal of becoming an $8 billion a year company by 2020 + more than double its revenue in 2015.

Meanwhile, Ocean Beauty Seafoods will relocate its Seattle production and distribution operations to Renton, just south of Seattle, by the end of 2017. The new facility will provide over 78,000 square feet of space with easier highway access and will help the company continue to grow and improve customer service. “We have outgrown this building and we are in a location that is very difficult to move trucks in and out of,” said Tom Sunderland, Ocean Beauty’s Vice President of Marketing. Renton is ideal for both production and distribution, because it has great access to I-5 and the Eastside, and it’s near the airport.”

Finally, a new budget proposal from the Trump Administration could kill the National Sea Grant this year. According to a federal budget plan circulated this week, the remaining $30 million in funding earmarked for the national Sea Grant program in the current fiscal year would be terminated. Sea Grant was prepared to fight to retain its federal funding after the White House released a budget blueprint for the next fiscal year that zeroes out the marine research and education program, but this new plan would cut funds for the current year.

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