Fri. Jan 19 2018

Fortune International Announces Senior Level Promotions


DDP Entries Not Affected by New SIMP Requirements, Despite Some Importer Confusion


VIDEO: Shrimp Seized in FL; Fishing Captain Arrested; Japan Sounds Alarm Over Fugu; Sector IX Update


$300K Tuna Sold at Final Tsukiji Fish Market Heads to NYC Sushi Chain  


Sea Otters Ravaging Shellfish in Southeast Alaska  


SeafoodNews.com Summary Friday, January 19


Thu. Jan 18 2018

UK Retailers Express Concerns Over Sustainable Tuna  


Claims of 300 Job Losses Due to Sector IX shutdown Are Overblown  


Coast Guard, NOAA Seize 6,000 Pounds of Illegal Shrimp from Florida Fishing Vessel  


Russian Pollock Producers Again Vow to Focus more on Domestic Market  


Shanghai Sets New Live Seafood Import Record in 2017  


ASMI Educating Chefs About Quality of Frozen Fresh Alaska Seafood


Scallop Group Praises NMFS Decisions on Openings, But Still Wants Georges Bank Area as Well  


Open Seat On Commercial Fisheries Entry Commission Draws Applicants


Tampa Maid Foods Adds Former Cargill VP of Sales As COO, Executive VP


SeafoodNews.com Summary Thursday, January 18


Wed. Jan 17 2018

Richard Stavis Steps Down as CEO, as Stavis Brings in International Investor with Ties to Argentina


High Liner Foods Restructuring Canadian Operations After COO Jeff O’Neill Exits


North Carolina Congressman Calls for Shrimp to be Included in SIMP  


Florida Keys Commercial Fishing Captain Arrested After Illegally Dumping Lobster Traps  


ADF&G Wants to List Southeast Chinook as a Stock of Concern; Board of Fish Hears Dire Outlook  


CDFW Opens More Areas to Commercial Rock Crab Fishery as Domoic Acid Levels Drop  


NOAA Appoints Kevin Wheeler as New Deputy Chief of Staff


Survey Shows Lobster Recruitment Up Around P.E.I.  


How a Food Additive Could Change Food Safety in Fish


SeafoodNews.com Summary Wednesday, January 17


Tue. Jan 16 2018

Jeff Davis Retires From Blue Harvest Fisheries; Keith Decker Named New CEO


European Importers Move to Strengthen India Shrimp Trade with High Level Meetings in Goa  


ANALYSIS: Fresh Chilean Fillet Imports Up YTD, But Overall Fresh Fillet Imports Down  


How Pacific Seafood Became the First Company to Offer BAP 4 Star Oysters  


Kodiak's Tanner Crab Fishery Opens For First Time in 4 Years  


Carrefour's Innovation Brings Lobster, Oyster Delivery to Chinese Online Consumers in One Hour  


Global Fishing Watch Partners With NOAA to End Illegal Fishing in Indonesia


SeafoodNews.com Summary Tuesday, January 16


Alaska Salmon Protections Get Enough Signatures for Ballot  


Mon. Jan 15 2018

SeafoodNews.com Summary Monday, January 15


Latest Seafood News Podcast Breaks Down Swiss Lobster Rule, New Netflix Series & More


South Atlantic Council Wants Public Input on Management Changes for Atlantic Cobia


Concern for Whales as Northern California Crab Season Opens  


South Korea Plans US $500 Million Investment in Pollock Processing Factories in Russia    


Sysco Acquires UK-Based Foodservice Distributor Kent Frozen Foods


Beijing Customs Uncovers Frozen Seafood Smuggling Case Worth Millions  


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AquaBounty to Produce GM Salmon in Indiana with $14 Million Purchase of Bell Fish Company's Assets

AquaBounty Technologies will soon be able to produce its genetically modified AquAdvantage salmon in the United States as the firm has struck a $14 million deal to buy some of the assets of Bell Fish Company in Albany Indiana. AquaBounty said the facility's first harvest could come as soon as the third quarter of 2019. Once fully operational, the facility will have an expected annual capacity of 1,200 metric tons. "This acquisition marks an important milestone and provides the Company with its first commercial-scale facility in the United States for growing eco-friendly AquAdvantage Salmon. This site will enable production of healthy Atlantic salmon, which will not require vaccines or antibiotics, in a sustainable and responsible manner close to domestic consumers,” said Ronald Stotish, Chief Executive Officer of AquaBounty.

The International Council for the Exploration of the Seas (ICES) has recommended that the Joint Russian-Norwegian Fisheries Commission cut the 2018 Barents Sea cod quota 20 percent from last year citing poor recruitment in the fishery. The Council’s recommendation would set the total cod quota at 712,000 metric tons. This represents a 183,000 metric ton reduction from last year’s quota. The Commission will take up ICES advice when it makes its quota determination this fall.

In other news, a price war is breaking out over ecommerce lobster sales in the Chinese Province of Ningbo. Online retailers are offering live North American lobsters at deeply discounted prices in order to compete for sales and market share in both the online retail space and from traditional grocers.

Meanwhile, citing 20 years of success with groups such as Conservation International, the MSC, and others, the Walton Family Foundation (WFF) outlined its $37 million, five-year strategy for building sustainable seafood markets. The initiative is part of the foundation’s ocean strategy that takes a systems approach—working on both the supply and demand side—to promote sustainability in five core countries: Indonesia, Peru, Chile, Mexico and the United States. "The Walton Family Foundation has probably had more impact on the seafood sustainability movement than some of the more well-known consumer facing advocates," writes John Sackton in an analysis of the plan. "They have leveraged a market-based strategy in which they paid NGO's to lobby and convince the retail supply chain to adopt seafood sustainability standards."

Finally, the value of Vietnam's seafood exports to global markets is up this year but the increase is not because of more sales to the US market. So far Vietnam's seafood exports are up 7.5 percent worldwide but sales to the US market are down nearly 13 percent. The US is traditionally the top market for Vietnam's seafood exports like pangasius and shrimp. However, higher duty rates and the implementation of the catfish inspection program under the USDA have forced Vietnam's exporters to seek other markets like China.

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