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


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


Young’s Seafood Launches New Shellfish Line in the UK  


SeafoodNews.com Summary Thursday, November 16


Wed. Nov 15 2017

EU Importers Already Shifting Away from Indian Shrimp Prior to EU Inspection Visit  


Latest Stock Assessment Shows 80% drop in GOA Pacific Cod ABC for 2018  


Center For Biological Diversity Takes Aim at California Dungeness Fishery With New Petition  


ADF&G Releases Bristol Bay Forecast for 2018; Harvest Predicted at 39 Million Sockeye


On the Central California Coast, Dungeness Crab Season Gets Under Way  


Euromonitor Says Fresh Fish Consumption Falling in Europe


Maine Opens Eel License Lottery for 2018 Season  


Captain D’s Data Sheds Light on Customer Base


Cermaq Announces Improvement in Fish Survival Rate for Atlantic Salmon  


Sanford Releases Annual Financial Results As They Look to the Future  


Bristol Seafood Accepts Portland, Maine’s Business of The Year Award


SeafoodNews.com Summary Wednesday, November 15


Tue. Nov 14 2017

Maine Lobster Harvesters: Don't Abandon Marketing Program Just When It is Needed (Editorial)    


Branding Fight Breaks Out as Local Community Supported Fisheries Object to FultonFishMarket.com


Tassal Backs Away from Dumping Treated Wastewater from Salmon Pens Back into Macquarie Harbour  


Pangasius Farm Gate Prices Hit Record After Rains in Mekong  


Restaurant Industry Third Quarter Earnings Report Shows Drop in Sales


Open Blue First Coba Supplier To Achieve 4-Star BAP Certification  


South Coast Cod Fishery Secures Local Jobs Over the Winter  


Australia Seafood Co-Op Working On Alternative to Planned Carp Herpes Virus Release  


SeafoodNews.com Summary Tuesday, November 14


Mon. Nov 13 2017

JD.com Gives Alibaba Competition, With $19.14 Billion Singles Day Haul and More Focus on Seafood


With Prices Lower, Japanese King Crab Buyers Still Expect Strong Competition for Supplies  


SeafoodNews.com Summary Monday, November 13


Hokkaido Port Celebrates 80 Years of Kazunoko (Herring Roe) Production, Plans Market Campaign  


Sustainable Fisheries Partnership Joins Forces With Nueva Pescanova Group


United Fishermen of Alaska Hire New Executive Director


IFFO Announces Incoming President And Full Management Board For 2018  


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Carlos Rafael Pleads Guilty; Up to 13 New Bedford Vessels Could be Seized by Government

Carlos Rafael, owner of one of the largest fishing fleets in New England, pled guilty in Federal District Court in Boston yesterday to 27 counts lodged against him by the Dept. of Justice for fishery fraud, conspiracy and cash smuggling. Most of the charges have sentences of up to 5 years in prison with 2 of the offenses having penalties of up to 20 years. But there is also a forfeiture clause. For the mislabeling and false reporting charges, the US attorney says that on conviction of one or more of the false reporting offenses, the vessels and permits are to be forfeited. These vessels represent the majority of the active vessels fishing for Carlos Rafael in New Bedford. The fate of the vessels and especially the fishing permits is of great concern in New Bedford.

The Canadian Department of Fisheries and Oceans announced Northern shrimp quotas for the upcoming season, and the news was just as bad as the industry in Newfoundland feared. The quota for Area 6 was slashed 62 percent. Area six is the largest inshore shrimp fishing area in Newfoundland and the basis for much of the cooked and peeled inshore industry. The Association of Seafood Producers (ASP) said the federal cuts to shrimp quotas for the inshore fleet will have a devastating impact on the industry, including all shrimp plants.

In other news, monthly shrimp landings from the Gulf of Mexico in February were down from last month and from the same time last year. Traders say they are anxiously waiting new season production with inventories low and market prices high. Spring season shrimp fishing is at least a month and a half away, and contingent on the size of the shrimp in the waters.

Meanwhile, Market demand for Vietnamese pangasius in China over the last couple of years is up and now officials say they will issue a list of approved suppliers and ban imports of fish with quality problems. The Chinese also plan to strengthen pangasius traceability.

Finally, President Trump signed two executive orders aimed at combating foreign trade abuses. The Commerce Department and US trade representative will compile a thorough accounting of the US's trade deficits with its top trading partners within 90 days. The American Shrimp Processors Association supported the executive orders. This week American shrimp producers scored a victory in International Trade Court when they won reconsideration of shrimp anti-dumping duties on Vietnamese exports by highlighting labor abuse.

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