Fri. Feb 21 2025

Indonesia's Blue Swimming Crab Exports in Jeopardy Amid Stricter Currency Controls


Canada Sees 582% Sales Increase for MSC Labeled Tuna


Russia’s Kamchatka Krai Experiences Serious Problems with Salmon Stock, Catch


Seafood Expo North America Announces 2025 Conference Program


Blumar, Multi X, and Camanchaca Join S&P Global’s Sustainability Yearbook 2025


Lineage and Port of New Orleans Expand Import Inspection Services


Seafoodnews.com Summary Friday, February 21


Thu. Feb 20 2025

ANALYSIS: 2024 Frozen Tuna Fillet Imports Reach Second Highest Levels on Record


Japan's 2024 Salmon and Trout Imports Increased 8%, Driven by 20% Increase in Frozen Coho


SeaPak Debuts New Cajun-Style Shrimp Product


Interstate Warehousing Announces Expansion of Arizona Cold Storage Facility


Landmark California Agreement Focuses on Removing Eel River Dams


Yumbah Aquaculture Active on the M&A Front Again; Eyeing Merger with Clean Seas Seafood


Science Center for Marine Fisheries Announces $277,857 in Research Funding for 2025


Sustainable Fisheries Partnership, Hilborn Lab Launch Latest FIP Database Update


FDA Expands Oyster Advisory for Louisiana Area 3


Seafoodnews.com Summary Thursday, February 20


Wed. Feb 19 2025

Indonesia’s New Export Policy Poses Challenges for Seafood Industry


Senate Confirms Lutnick as Commerce Secretary


Maine Department of Marine Resources Commissioner Patrick Keliher to Retire


The Retail Rundown: Cold Weather Influences Demand


Alaska Salmon Fishery Meets MSC Requirements Following Hatchery Audit


Russia's Shortage of Dockage Facilities May Lead to Decline of Fish Catch


Okamura Foods to Triple Trout Farming by 2030 with JPY 19 Billion Investment


New England Council Seeks Input on Scallop Strategic Plan Via Visioning Sessions


Seafoodnews.com Summary Wednesday, February 19


Tue. Feb 18 2025

ANALYSIS: Diving into Tuna Landings, Price Trends in the Eastern Pacific Ocean for 2024-2025


Over 21 Million Pounds of Alaska Pollock Among USDA’s Latest Seafood Purchase Requests


Mowi Purchases Uninhabited Scottish Island to Establish New Salmon Farm and Kickstart Local Tourism


ANALYSIS: Fresh Atlantic Halibut Market Rises with Seasonal Demand and Trade Uncertainty


ANALYSIS: Norway Brings Stability to the Cold-water Shrimp Market


Russia Plans to Accelerate 2025 Fish Catch in the African Region


Nordic Aqua Resumes Sale of Atlantic Salmon at Facility in Ningbo, China


SalMar Reports Satisfactory Q4 Results, Shares Acquisition Plans


Thai Union Reports $4.1 Billion in 2024 Sales, Net Profit Up 7.2%


Kibun Foods Enters the Fish Sausage Market; First Joint Development with Maruha Nichiro


Cousins Maine Lobster Opens New Location in Springfield-Peoria, IL


US Foods Reports Strong Fourth-Quarter and Fiscal Year 2024 Results


Seafoodnews.com Summary Tuesday, February 18


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PEI's Spring Lobster Season a Go for Saturday

Saturday is setting day for the spring lobster season in PEI. The PEI Fishermen's Association said some fishermen will probably set and pull their traps that day, especially in harbors that aren't far from shore. Close to 1,000 boats will be in the water for setting day. The lobster season in fishing area 24 and 26A runs until June 29. Traditionally, Island lobster fishermen don't fish on Sunday, so Monday could see big landings from the two-day haul.

Shrimp harvesting is now underway in the Mekong Delta but the industry is already expecting production to fall short of processor needs. The expectation is that the harvest will only meet 40-50 percent of the demand from the processing sector. This is likely going to keep raw material prices high in the domestic market and require Vietnamese processors to import raw material.

In other news, the Russian pollock Association signed a five-year review for recertification of the pollock fishery under the MSC at the recent Seafood Expo in Brussels. The signing was attended by the head of the Russian Fisheries Agency Ilya Shestakov and MSC head Rupert Howes. Earlier, the Pollock association joined in the Association of Sustainable Fisheries, which is the industry stakeholder group within the MSC. The meeting of the ASF this year focused on the problems of updating the MSC standards, and the danger than large numbers of fisheries would fail to meet the new requirements.

Meanwhile, the Alaska House and Senate convened together Thursday to take confirmation votes on Gov. Bill Walker's appointees to lead state departments, boards and commissions — including Walker's recent appointments to the Board of Fish — then left without voting. By postponing the votes, lawmakers leave themselves a point of potential leverage over Walker's administration as they try to negotiate budget and deficit-reduction deals. Similar postponements have taken place before.

Finally, halibut quota share values continue to soar in Alaska’s major fishing areas. The halibut IFQ prices have gone up about $5 a year for the past several years as the fish stocks have appeared to stabilize and increased slightly. Dock prices for halibut also have remained high, in the $6 to $7 per pound range at major ports.

Have a great weekend.

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