Tue. Jul 25 2017

Former Pacific Seafood Executive Sentenced for Embezzlement


Louisiana Shrimp Landings Lowest in 10 Years Due to Dead Zone Becoming More of a Problem


MSA Reauthorization Fault Lines on Recreation and Stock Target Flexibility Exposed in House Hearing


Court Battle over Placentia Bay Salmon Farm Could Scare Off Future Investors, Says Marystown Mayor


Guolian’s Net Profit Expected to Balloon by 700% or More in First Half of 2017  


Pacifico First Company to Raise Salt Water Striped Bass, Gets 4 Star BAP Rating  


Alibaba Joins Argentina's Ocean Family to Bring Fresh Red Shrimp to Chinese E-commerce Consumers  


Domestic Red Crayfish is a Big Success for Chinese E-commerce Platforms  


ISSF Seeks to Strengthen Tuna Conservation Efforts at IAATC


National Fisheries Institute Introduces Unique and Easy Summer Shrimp Recipes


Seafood.com News Summary Tuesday July 25, 2017


Mon. Jul 24 2017

Stavis Seafoods to Greatly Expand West Coast Distribution with Partnership with R.W. Zant


Russian Fish Co. to Expand Sales of Single Frozen Pollock to Domestic Market, Citing Weakness in EU  


Increasing Shortage of Vietnam Basa Could Lead to Higher Prices Later This Year  


Shanghai Crayfish Season at its Peak; Prices Have Skyrocketed Over Last Decade  


UFA Turns to Text Messaging to Build Fisherman Support for Alaska Salmon Habitat Measures


Summa Equity Acquires 75 Percent of Salmon Smoker Milarex  


Summa Equity Acquires 75 Percent of Salmon Smoker Milarex  


Seafood.com News Summary Monday July 24, 2017


Fri. Jul 21 2017

ANALYSIS: Shrimp Market an Island of Stability in Shellfish Sector  


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


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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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