Fri. Jun 23 2017

NFI, Importers Dealt Setback by Court in Ruling over Seafood Traceability Rule


FFAW wins Higher Summer Shrimp Price as Panel Sets $1.25 per Lb. as Benchmark  


China Shrimp Seed Stocking Drops 25% in First Half, Output to Be Stable on higher Quality seed  


ANALYSIS: Live Lobster Market Following Seasonal Trends  


Tesco Hikes UK Salmon Retail Prices, Following Sainsbury  


Chinese Engineers Finish First Semi-Submersible Aquaculture Pen for SalMar ASA  


Atlantic Capes Promotes Two Executives to Operations and Financial Roles  


Seafood.com News Summary Friday June 23, 2017


Thu. Jun 22 2017

Japan Frozen Salmon Market Weakens Ahead of New Season Production in Russia and Alaska  


ANALYSIS: Atlantic Salmon Frozen Fillet Imports Beginning to Rise  


Brits All At Sea on Old Fish Names


Zhanjiang Aquatic Products Exposition Draws Purchaser and Visitors from Around the World  


Seafood.com News Summary Thursday June 22, 2017


Norway Sees Rise in Export Values in May  


Wed. Jun 21 2017

BuyBack Program for Non-Whiting Trawl Fleet Continues to Generate Excessive Costs with no Relief   (0)


ANALYSIS: Scallop Market Prices Retreat from All-Time Highs  


New Bedford Mayor Says Rafael Represented 75% of their Groundfish Landings; Pleads to Keep Permits


Mexican Film on Tilapia Workers Wins First Prize for World Seafood Congress Women in Seafood Videos


Just Shrimp Adds Healthy Alternatives to Attract Younger Diners  


Seafood.com News Summary Wednesday June 21, 2017


Tue. Jun 20 2017

Peeled Shrimp Margins Squeezed by Two Year Decline  


Bocaccio, Darkblotch Rockfish Assessment Updates Show Stocks Rebuilt  


Oregon Trawl Commission Strongly Disputes Our Criticism of MSC's Approach to West Coast Groundfish   (0)


Chris Oliver Named Assistant Administrator for NOAA Fisheries


Stavis Seafoods to Pack Fresh Fish in 100% Recyclable Material


Americold Announces Appointment of Tim Hinckley as Executive VP & CCO


Editorial Changes at Seafood News Announced With Susan Chambers Named Associate Editor


VIDEO: Farmed Salmon Prices in Seasonal Decline  


Canadian Gov’t Says NL Plant Workers Will get Extra 5 Weeks of Employment Insurance Benefit


California Budget Bill Lowers Landing Fees From State Proposal  


Seafood.com News Summary Tuesday June 20, 2017


Mon. Jun 19 2017

MSC Could be Kiss of Death for West Coast Groundfish   (0)


Flood of Sick and Weak Shrimp Depresses Market Prices in China during first part of June  


Battle Over Snow Crab by Russian Oligarchs Leads to Record Bidding in Quota Auction  


Port Moller Test Boat Out for Today, Bristol Bay Pre-Season Measurement Program in 50th Year  


New Shrimp Prices to be Set in Newfoundland, With Uncertainty Whether Market Will Accept Increase  


Antibiotic Usage Among Chilean Fish Farms Down 30% in 2016  


Acme Smoked Fish Adds Sashimi Style Smoked Salmon to Blue Hill Bay Brand  


Australia's Southern Rock Lobster Stocks Showing Resistance to Climate Change  


Seafood.com News Summary Monday June 19, 2017


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Japanese Crab Negotiations with Newfoundland Full of Uncertainty

Sources in Japan say that the negotiations with Newfoundland snow crab packers are in a high state of uncertainty. Although there were reports of a price of $6.95 between one or two packers and a Japanese buyer, others in Japan say there was a condition on this contract that limited the amount of product to only a portion of what the buyer purchases in the first week. Overall the Japanese see great uncertainty in the market and expect the situation to clarify more once production is in full swing in both Newfoundland and the Gulf.

Nearly half of all the natural World Heritage sites on the planet are being ravaged by poachers who are driving some endangered animals towards extinction, according to a report from the World Wildlife Fund. The illegal wildlife trade was estimated to be worth some $19 billion, making it the fourth largest international criminal trade after drugs, guns and human trafficking, according to the ‘Not For Sale’ report. The report warned that species listed on the landmark Convention on International Trade in Endangered Species (Cites) are being killed. "The current international approach to preventing illegal harvesting of Cites-listed species in World Heritage sites is not working, and stakeholders must redouble their efforts and address all parts of the wildlife trafficking value chain," the report said.

In other news, fishermen are petitioning the New England Fishery Management Council to protect tuna and other fisheries from the herring fleet by agreeing to have measures asking for year-round closures of up to 50 miles east of the Cape. “There’s a strong feeling that fisheries that used to happen here have been displaced by 10 years of intense herring removal,” said John Pappalardo, executive director of the Cape Cod Commercial Fishermen’s Alliance, and a member of the New England council and its herring committee.

Meanwhile, Bristol Seafood in Maine is looking to capitalize on the growing interest in the social responsibility of seafood as its New England scallops are the first domestic fishery in the country to earn certification from Fair Trade USA. To achieve the certification, companies need to submit to an audit and interviews to make sure the food is produced with fair working conditions and environmental stewardship along the supply chain. Fair Trade USA also certifies shrimp from Mexico, yellowfin tuna from Indonesia, and skipjack and yellowfin tuna from Maldives. "There's a certain sanctity to food when it comes to the story about it," said Peter Handy, president of Bristol "It tastes better the more you know."

Finally, Maruha Nichiro expects higher costs of purchasing seafood from overseas suppliers to cut into its profits by about 12 percent. Maruha's purchasing costs abroad are rising due to the yen's depreciation.

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