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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Japan Losing Out in Sockeye Market As Higher Prices Expected in Bristol Bay This Year

Japan is getting priced out of the Alaskan sockeye market because of strong US demand. Japanese traders are compelled to buy above their market cost if they accept the prices proposed by US packers. Traders point out that the Japanese cannot keep up with the US prices because the current price level of salmon products distributed in Japan do not meet the raw material costs. At the same time, it is highly probable that the prices of Bristol Bay sockeye this season will exceed last year’s level.

Chris Oliver, Executive Director director of the Alaska-based North Pacific Fisheries Managment Council, has been offered and has accepted the position of Assistant Administrator of National Marine Fisheries Service. A tentative start date is Monday, June 19, 2017. Oliver notified members of the NPFMC and staff by email yesterday, explained that "this appointment is still subject to the White House vetting and approval process, which may take a few weeks, so it is NOT final yet." He said that recent industry rumors, plus the need for transition planning, led to his email.

In other news, the Japanese Parliament agreed to ratify the first international treaty that tackles illegal, unreported and unregulated (IUU) fishing—the Port State Measures Agreement (PSMA). This puts Japan, one of the three major seafood consuming nations in the world, at the forefront in the global fight against IUU fishing. “Japan’s decision today is an important milestone in the fight against IUU fishing, and we expect to see important behavioral changes in the water over the next few years,” Maria Damanaki, Global Director for Oceans at The Nature Conservancy, said in a press release.

Meanwhile, slow lobster landings in both PEI and New Brunswick have hit a wave of demand, pushing up competition at the wharf, and prices to harvesters. Dealers say that on the docks there is now a fierce competition between processing plant buyers and live dealers. Lack of supplies and the very strong live demand is going to impact meat and tail markets later this summer say traders. Last year high prices in the Gulf in May and June set up a disastrous year for processors, many of whom lost money when the price of tails failed to cover the costs of these purchases. Currently the price of 4 oz American lobster tails has recovered somewhat compared to May of last year. But the depressed tail price last year was largely a result of inventories of tails that existed going into the spring season. That is not the case this year. So the market is likely to be much more responsive to raw material costs.

Finally, an email from the World Wildlife Fund reveals concerns that Tasmania's salmon industry is having a "significant negative impact on the environment" despite WWF's endorsement of Tassal. "WWF Australia has asked the Tasmanian Government to establish an independent, scientifically robust and transparent process, using independent marine and fisheries scientists, to set new biomass limits for Macquarie Harbour salmon farms," the email said. "At the moment the Government isn't responsibly managing the leasing or regulating [of] the industry, which is having a significant negative impact on the environment."

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