Mon. Jul 7 2025

Tariffs, Dollar Slump and High Crab Prices Threaten Slowdown in Consumption  


US to Impose 25% Tariff on Japanese and Korean Imports Starting August 1


ANALYSIS: Front-Loading Frenzy; May Shrimp Imports Increase 14.6% YTD on Tariff Deadline  


Trump Letters Reveal August 1 Tariff Rates for Key US Trading Partners


ANALYSIS: Wild Salmon Week in Review for Week 26, June 29–July 5  


US Pushes Tariff Deadline to August, Trump Administration Expects Surge in Deals


ANALYSIS: Scottish Atlantic Salmon Exhibits Market Share Growth in Some Key European Markets  


US House Republicans Back Amendment to Expand H-2B Visa Access for Seasonal Workers


Recall Issued for Vicente Marino's Anchovy Fillets in Olive Oil Due to Histamine  


SFP 2024 Reduction Report Reveals Decline in Sustainability of Key Fisheries  


Canadian Officials Detect Dermo in PEI Oysters: Province's First Confirmed Dermo Case


Mexico Launches Global Center for Regenerative Aquaculture  


Seafoodnews.com Summary Monday, July 7


Thu. Jul 3 2025

Spotlight on Seafood Markets as Expana Adds Tuna and Lobster Forecasts


ANALYSIS: Ecuador Shatters Export Records as Tariff Uncertainty Drives Historic May Performance  


Trump Announces US Trade Deal With Vietnam, Including 20% Import Tariff  


ANALYSIS: Fresh Chilean Salmon Fillets Soften Ahead of Seasonal Trend  


Court Sets Date for NMFS to Decide if West Coast Chinook Salmon Should be on the Endangered List  


Japan's Seafood Imports in May Decreased by 5% YOY in Volume and 3% YOY in Value


Expana Publication Schedule for The Fourth of July Holiday


Russia Expects Fish Catch to Surpass 5 Million Metric Tons in 2025


Scary Good: New LA Pop-up Dining Experience to Debut July 5


Cousins Maine Lobster Expands North Carolina Footprint  


Seafoodnews.com Summary Wednesday, July 2


Wed. Jul 2 2025

Cozy Harbor, a Maine Lobster Staple, Files for Chapter 11 Bankruptcy


ANALYSIS: Canada's Declining Share in European Live Lobster Market Despite CETA  


Federal Judge Dismisses UCIDA's Claim that NMFS Violated Laws While Managing Cook Inlet Salmon  


Ecuador Establishes New Union Representing Nation’s Fishing and Aquaculture Sector


DOC Announces 2025 Appointments to the Regional Fishery Management Councils


Phillips Foods Opens Sales Office in Japan to Expand Crab Meat Sales  


Rabobank Sees Pressure from Tariffs and Trade Shifts: Shrimp, Salmon Sectors Brace for Impact


New Report Shows 21% of Consumers Chose Delivery over Dine-in in 2024


Russia Struggles to Boost Domestic Deep-Sea Crab Catch


Turning Emissions into Nutrition: Norwegian Project Converts CO₂ into Salmon Feed


Navigating the Trump Tariff Turbulence: A Comprehensive Timeline


Alltech Increases Stake to Become Majority Owner of Alltech Fennoaqua


Conxemar and ABANCA Renew Collaboration Ahead of International Frozen Seafood Fair in Spain


Seafoodnews.com Summary Wednesday, July 2


Tue. Jul 1 2025

Expana and Gluna Shrimp Announce Exclusive Data Partnership Covering Ecuadorian Shrimp Markets


ANALYSIS: Frozen Haddock Market Sees Unprecedented Price Growth  


Bristol Bay Salmon Run Timing And Size Currently Mimics That of Two Years Ago  


Pacific Seafood Going Big on Alaska  


Rodger May, Former Peter Pan Seafoods Chief, Wins Final Court Battle For Assets  


Mowi Appoints Tomasz Trela as New Sales Director Central Europe


Russia Sees Surge in Squid and Seafood Production Amid Rising Domestic Demand


Japan's May Fishery Exports Increased 1% in Volume and 6% in Value  


Japanese Company Becomes World’s First BAP-Certified Oyster Producer


Atlantic Sapphire Showcases Bluehouse Salmon at Summer Fancy Food Show  


Nova Scotia: 22 Seafood Companies Receive $1.75 Million in Climate Change Funding  


Seafoodnews.com Summary Tuesday, July 1


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Ocean Choice International Buys Out Minority Partner Landvis

Ocean Choice International (OCI) announced the successful buyout of its minority partner, Landvis Canada Inc. Martin Sullivan (CEO) and Blaine Sullivan (COO), are now the sole owners of the operation they helped co-found. “This transaction is another important positive milestone for the future of OCI as a leading global seafood supplier, and will give us much more flexibility to successfully carry out our growth strategy. This is a very exciting step forward for OCI, and illustrates our long-term commitment to the company, our customers, our employees and the communities in which we operate,” said Martin Sullivan. The Sullivans spent years trying to negotiate a refinancing deal, which eventually turned into a major dispute with Landvis for control of the company.  

On April 27, Japan's bluefin tuna catch reached 4,008 tons, which topped the annual quota for the first time since a quota restriction was introduced. Observers are calling the violation of the catch limit a serious breach of conduct. It will likely result in growing calls from Europe, the United States and other countries for Japan to improve its resource management of Pacific bluefin tuna. “We take this matter seriously,” an official with Japan's Fishery Agency said during the Pacific Bluefin Tuna International Stakeholders Meeting in late April in Tokyo. “We’ll analyze the cause of the problem and take various preventive measures.”

In other news, the Togiak herring roe seine fleet has landed about 70 percent of its 16,060 mt quota in the first seven days of the season. The percentage of the quota caught by this time in the season is running slightly ahead of past years. Roe percentages this year have been reported at 11.1 percent overall, with average size of the fish at 417 grams.

The Marine Stewardship Council and Aquaculture Stewardship Council signed an agreement with major Brazilian meat processing company JBS to sell MSC and ASC certified seafood products at the company’s Swift retail stores in the San Paulo region. This makes Swift the first retailer in Latin America to carry ASC and MSC-certified seafood products. “We are extremely proud to be the first retailer in Latin America to launch an ASC/MSC product line. Sustainability is a priority for JBS and we aim to engage with our customers with marketing materials to inform and promote this initiative,” said Paulo Christofani, the project Manager at JBS.

Finally, some restaurants in PEI are cutting back on featuring lobster on menus because of high prices. Lobster is selling at the wharf for a record $8/pound in Nova Scotia, and Island fishermen are anticipating a similar price on P.E.I. this season.

Have a great weekend.

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