Wed. Apr 2 2025

Navigating the Trump Tariff Turbulence: A Comprehensive Timeline


Lawmakers Introduce New Legislation to Include US Fishing Industry in Federal Farm Credit Program


Slight Lifting of US Sanctions Would Allow Russia to Resume Crab Supplies to US Market


ANALYSIS: Comparative Price Overview of Vietnamese Pangasius and Domestic Catfish (2015-2025)


BioMar Costa Rica Obtains Country's First ASC Feed Certification


Japan Records All-Time High Prices for 2024 Chilean Coho; Sockeye Salmon Imports Fall by 40%


The Retail Rundown: Spring Sizzle Fuels Protein Demand


Norway Reverses Unused Third Country Quotas for Cod and Haddock


GAPP Reelects Chairman, Directs Record Investment into Fishery Reputation and Global B2B Marketing


Seafoodnews.com Summary Wednesday, April 2


Tue. Apr 1 2025

Key NL Snow Crab Fishery Updates; ASP Clashes with NL Government Amid Season Delay


ANALYSIS: US Shrimp Imports; Beyond the Headlines


Seafood Giant Maruha Nichiro Will Be Umios, Signaling “Third Founding” Since 1880


ANALYSIS: The 2025 Pacific Halibut Season Begins Amid Quota Reductions and Tariff Uncertainty


Russia to Increase Total Allowable Catch for 2026


Japan's 2024 Frozen Surimi Imports Fall to Two-Thirds of Peak Level, Fourth Lowest Level in 35 years


Norwegian Directorate of Fisheries Expands Protections for Wild Atlantic Halibut


Viciunai Group Invests €100M in Lithuanian Salmon Processing Facility


Seafoodnews.com Summary Tuesday, April 1


Benchmark Holdings Finalizes Sale of Aqua Genetics Division


CP Foods and Thai Union Say Thai Operations Not Impacted by Myanmar Earthquake


Mon. Mar 31 2025

Connecticut Lawmakers Address Secretary Lutnick, Demand Reinstatement Of Terminated NOAA Employees


Grieg Seafood CEO Resigns


California Reports Progress in Supporting Healthy Salmon Populations and Habitat


Rhode Island Congressional Delegation Introduces Bill To Add Two Seats to Mid Atlantic Council


Western Pacific Council Flags Economic Burdens of Electronic Monitoring, Backs Relief Efforts


Supreme Crab & Seafood Revamps its Canned Crab Packaging in Time for Spring


Seafoodnews.com Summary Monday, March 31


Fri. Mar 28 2025

NL Snow Crab Fishery Season Delayed, To Start One Week Late


Alaska Seafood Industry, Lawmakers, and Media Urge US to Cool Down Trade War and DOGE Cuts


Oregon Issues Annual Pink Shrimp Review Report as New Season Approaches


Icelandic Salmon Farmer Kaldvik Acquires Two Farming Operations and One-Third of Another


FDA Updates Advisory on Frozen Half-Shell Oysters from the Republic of Korea


Russia Plans to Ramp up Fight Against Poaching This Year


Mississippi Rep. Mike Ezell Introduces Bi-partisan Cormorant Relief Act to Protect Catfish Farms


New Study Shows Wild Alaska Sole’s “Impressive Levels” of Omega-3s and Other Key Nutrients


Seafoodnews.com Summary Friday, March 28


Thu. Mar 27 2025

SENA 2025: Expana Analysts Break Down Forecasting and Algo-Forecasting in the Seafood Market


Alaska's 2024 Salmon Season Sees Many Lows, with Five Fishery Disasters; 2025 Looks Better


Vietnam’s Shrimp Exports Exceed $4 Billion in 2024


Japanese Shipments of Farmed Bluefin Tuna Increased by 11% in 2024


Leading Russian Fish Producers and Processors Expect Further Revenue Decline in 2025


Seafoodnews.com Summary Thursday, March 27


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Newfoundland Snow Crab Quota Set at 35,419 Tons, 22% Less Than Last Year

The Canadian Dept. of Fisheries and Oceans has announced snow crab quotas for the fishing areas around Newfoundland. The overall quota will decrease around 22 percent from last year's quota. The major reduction by volume is in area 3L. The 3K area quota did not get cut significantly while the 3PS the quota was slashed 50 percent. Prior to the release of the quota, industry estimates were that about 33,000 tons would be allowed in Newfoundland. So the DFO numbers are slightly more favorable than expected. The fishery will start on April 6th in most parts of 3L and 3Ps, and April 14th in 3K.

A team of seven respected fisheries scientists, led by Prof. Ray Hilborn, Ph. D., of the University of Washington, found that predator populations are less dependent on specific forage fish species than assumed in previous studies. These findings counter a previous study that argued forage fish are twice as valuable when left in the water to be eaten by predators, and recommended slashing forage fish catch rates by 50 to 80 percent. “Forage fish provide some of the lowest environmental cost food in the world – low carbon footprint, no water use, ” Dr. Hilborn said. “[There are] lots of reasons that forage fish are a really environmentally friendly form of food.”

In other news, by as early as May 1st the free trade deal between the EU and Canada, known as the CETA deal, will come into effect. This means the duty rates for some Canadian seafood exports to the EU market, including live lobster, will drop to zero essentially overnight. Both the US and Canada currently have the same duty rates for live lobster exported to the EU, but this will all change under CETA. This means Canadian producers will get a significant export advantage over Maine's lobster industry. This could put the US in a position where they may have to reduce their lobsters prices to compete with Canadian shippers.

Meanwhile, the pink shrimp season in Washington, Oregon and California officially stated over the weekend on April 1. But this year, many boats are still in port and many haven't even put shrimp nets on their vessels. The few who did test the waters found female shrimp that haven't dropped their eggs yet. Some of the shrimp on the grounds are in the 350-500 size or smaller. Fishermen said they would prefer to have the 250-350 size or larger, as it fetches a better price. They said much of the current global inventory of coldwater shrimp is in the 350-500 size.

Finally, Senators Elizabeth Warren and Ed Markey were asked to support a state-sponsored bill that would allow for the sale, processing and transport of lobster parts in the state of Massachusetts. The bill was co-sponsored by 13th Bristol District Rep. Antonio Cabral and is supported by Seatrade International, New Bedford Mayor Jon Mitchell and Ed Anthes-Washburn, the executive director of the Harbor Development Committee. Proponents of the law say it will create more jobs in the state. The practice is already legal in Maine and New Hampshire.

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