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Jul 2 - Japan: May Seafood Exports Increased by 3% to 630,000 Tons; Frozen Scallops, Albacore Perform Well


Jun 30 - Hokkaido Scallop Producers Regain Access to Top Market Through New Export Route


Jun 15 - COVID-19 Collapses Okhotsk Scallop Price


Jun 9 - Researchers Project Habitats of American Lobster, Scallops to Move as Waters Warm


Jun 5 - ANALYSIS: Upwards Pressure on the Scallop Market


Jun 4 - Japan April Seafood Exports: COVID-19 Reduces Yellowtail fillets by 80%, Scallops to China up 60%


Jun 1 - Zhangzidao Tries to Explain its Scandals but May Have Failed to be Convincing


May 29 - NOAA Taking Emergency Action to Reduce Economic Harm to Atlantic Sea Scallop Fishery


May 28 - Northern Wind, Legit Fish Partner for Traceability, Validation Solution for Scallops


May 11 - By the Numbers: Japan’s March Seafood Imports and Exports


May 7 - Yesso Scallops Once Again a Victim in Zhangzidao’s Blame Game


Apr 21 - NEFMC Approves Scallop Amendment 21 Range of Alternatives; Requests Emergency Action


Mar 31 - NMFS Approves Final Measures for Atlantic Sea Scallop Management Plan for 2020 Season


Mar 20 - Chinese Seafood Companies Find Sales Through Social Media


Feb 5 - Zhangzidao Hits Bottom in 2019 After Profit Rebound in 2018


Jan 17 - NOAA Investigates Effects of Ocean Acidification on Scallops


Jan 13 - Zhangzhidao Scrambles to Sell Cucumber Aquaculture Sites After Disastrous Year


Dec 26 - Zhangzidao Trapped in Another Scallop Scandal, Denies Wrongdoing


Dec 11 - Maine Scallop Fishery Enters Emergency Closure in Moosabec Reach


Dec 9 - Governor Cuomo Requests Federal Fishery Disaster for New York Bay Scallop Fishery


Dec 6 - Atlantic Capes Fisheries Spearheading Fishery Improvement Projects for Mexican Bay Scallops


Dec 5 - Zhangzidao Challenged by High Scallop Death Rates Again in November


Nov 19 - Red Lobster Celebrates the Holidays With New Offerings in Create Your Own Ultimate Feast®


Nov 13 - Zoneco Says 80 Percent of Scallops Found Dead; Cause Unknown


Oct 31 - In Court Ruling on Right Whales, Good News for Scallop Fishery


Oct 22 - Japanese Delegation Markets Buri Yellowtail, Scallops in France


Oct 21 - Maine Announces Opening of Scallop License Lottery


Oct 11 - Russia Plans to Increase its Seafood Imports from Latin America in Wake of EU Embargoes


Aug 30 - Zhangzidao Blames Losses on Yesso Scallops; Shifts Attention to Other Seafood Products


Aug 29 - Guolian Enjoys a Revenue Increase; Development Projects Reduce Net Profits


Jul 19 - Zhangzidao Fined After Third Scallop Failure; Public Confidence Drops Amid Company's Defense


Jul 9 - Alaska Fishing Updates for July 2019


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Japan: May Seafood Exports Increased by 3% to 630,000 Tons; Frozen Scallops, Albacore Perform Well

According to trade statistics released by the Ministry of Finance, exports of marine products in May increased by 3% year-on-year to 63,450 tons and decreased by 2% to 17.2 billion yen ($159.9 million). On a monetary basis, the rate of decrease was double-digit from January of this year, with a 22% decrease in March and a 35% decrease in April, but it recovered in this month. Among the leading products, frozen scallops exceeded the same month last year in volume and...

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Hokkaido Scallop Producers Regain Access to Top Market Through New Export Route

Scallop producers in Hokkaido, Japan recently began their harvest season but were unable to access its top markets in Hong Kong and China due to COVID-19 travel restrictions.

DHL Global Forwarding has helped the cause of the producers of the Japanese delicacy by provided a charter that will travel from the island’s main airport to Hong Kong three times a week.

According to DHL, Hong Kong is the top importer of Japanese agricultural and marine products and also serves as a gateway to China which...

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Researchers Project Habitats of American Lobster, Scallops to Move as Waters Warm

Lobster and sea scallops on the Northeast U.S. will react as waters warm and create noticeable changes in the habitat of the species, researchers said.

In an update from NOAA, researchers project that American lobster will move offshore while sea scallops will shift to the north in the coming decades. Findings from this study were published in the Diversity and Distribution journal.

Scientists noted that these shifts could lead to fishery management issues as stocks may move out of current management areas...

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Japan April Seafood Exports: COVID-19 Reduces Yellowtail fillets by 80%, Scallops to China up 60%

According to trade statistics released by the Ministry of Finance, the tonnage of marine product exports (seafood and its preparations, and fish meals) in April decreased by 9% from the same month of the previous year to 62,083 tons, and the value decreased by 35% to 15 billion yen ($138 million). In March, the export volume decreased by 11% and the value decreased by 22%, so the unit price has dropped further in April. It appears that the coronavirus pandemic brought...

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NOAA Taking Emergency Action to Reduce Economic Harm to Atlantic Sea Scallop Fishery 

NOAA Fisheries announced on Friday a temporary rule that will extend portions of the fishing year 2019 carryover provisions in the Atlantic Sea Scallop Fishery Management Plan into the fishing year 2020. According to the government agency this is an emergency action that is necessary to provide the scallop fleet the opportunity to land allocations that may have gone unharvested. The hope is that this temporary rule will reduce economic harm to the scallop fishery caused by COVID-19...

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By the Numbers: Japan’s March Seafood Imports and Exports

The Japanese Ministry of Finance announced March import and export statistics. Marine product imports totaled 114,238.50 million yen ($1,076.54 million), down 12.2% from the same month of the previous year. Import volume increased 4.6% to 176,192 tons. Exports decreased by 9.7% year-on-year to 55,424 tons, and the value decreased by 22.1% to 18,163.91 million yen ($171.16 million).

Imports

The products that exceeded both the quantities and value are shrimp, crab, and octopus. The volume of fresh and...

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NEFMC Approves Scallop Amendment 21 Range of Alternatives; Requests Emergency Action

The New England Fishery Management Council (NEFMC) confirmed on Monday that they have approved a range of alternatives in Amendment 21 to the Atlantic Sea Scallop Fishery Management Plan. 

The vision of Amendment 21 is a “fleet made up of relatively small vessels, with possession limits to maintain the historical character of this fleet and provide opportunities to various participants, including vessels from smaller coastal communities.” The Council said that they have approved a range of alternatives that will...

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Chinese Seafood Companies Find Sales Through Social Media

50,000 bags of scallop snacks from Zhangzi Island were sold out within one minute following a four-sentence-long advertisement from a popular live streaming host. Statistics show that this magical one minute has created a revenue exceeding 1.09 million yuan. It has also attracted the public attention to Zhangzidao, which is known for its repeated scallop disappearance among the public.

The snack company explained that Zhangzidao is just one of its suppliers, and the hot scallop snacks come from another supplier...

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NOAA Investigates Effects of Ocean Acidification on Scallops

NOAA scientists and students and faculty at Massachusetts Maritime Academy partnered to study the impact ocean acidification has on Atlantic sea scallops.

The experiment was led by NOAA research chemist Shannon Meseck, who was the first to directly measure the response of juvenile Atlantic sea scallops to ocean acidification.

Juvenile scallops from Maine-based Pine Point Oyster Company were exposed to three different pH levels. The levels mimicked ocean acidity levels from 30 and 80 years into the future

Scientists measured various characteristics like growth, weight...

 

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Zhangzidao Trapped in Another Scallop Scandal

The listed Zhangzidao has been haunted by various scandals within recent years. While people are still shocked about the scallop disappearance, another dirty secret has been exposed to the public by some anonymous insider. According to the tip-off, Zhangzidao, which invested heavily in its marine ranch, has bought scallops from Japan and South Korea and sold them as its own.

On December 19 the company explained in a response that it bought scallops from Japan, but not South Korea within the past two years. Later in an interview, some staff revealed that...

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Governor Cuomo Requests Federal Fishery Disaster for New York Bay Scallop Fishery

On Friday New York Governor Andrew M. Cuomo issued a letter to U.S. Commerce Secretary Wilbur Ross to request that the bay scallop fishery off the coast of Long Island be declared a failure.

The state's bay scallop resource, which is primarily located in the waters of Peconic and Gardiners bays in eastern Suffolk County, experienced a "catastrophic" die-off of adult bay scallops over the summer. Some areas experienced more than 90% mortality of adult scallops, while others documented 100% mortality...

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Zhangzidao Challenged by High Scallop Death Rates Again in November

When Zhangzidao is mentioned, the first thing that frequently comes to mind is very likely to be “unexpected” but repeated disappearance of its yesso scallops. And this November has seen a similar scallop tragedy for the third time, following the first one in 2014 and the second one in 2018.

According to Wu Hougang, the president, after stocking in mid-October, scallops started to die in large quantities around Nov. 11, and the affected areas have reached...

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Zoneco Says 80 Percent of Scallops Found Dead; Cause Unknown

China-based Zoneco announced 80 percent of its scallops had died due to “unidentified” reasons. The massive die-off was found on a farm in the sea between China and Korea, according to a statement sent to the Shenzen stock exchange.

Listed as Zhangzidao Group on the exchange, Zoneco is currently assessing the situation, however, the company said the cause of death is thought to be natural.  According to Bloomberg, the value of the affected scallop is valued at $43 million...

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Japanese Delegation Markets Buri Yellowtail, Scallops in France

A group of Japan Fisheries Association and the Japan Aquatic Products Export Council representatives promoted Japanese buri yellowtail and scallops in France earlier this month.

They traveled to the A4 Seafood Pavilion at Rungis market in France on a cold morning of October 2, after arriving at midnight.

World Sushi Skills Institute Director General Mr. Hirotoshi Ogawa, also a chef in charge of the World Sushi Cup, stood behind a long table provided by local seafood wholesaler R&O. Semi-dressed buri yellowtail and shucked scallops had been delivered from...

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Russia Plans to Increase its Seafood Imports from Latin America in Wake of EU Embargoes

Russia plans to significantly increase imports of fish and seafood from the Latin American region within the next several years.

Senior state officials of the Russian Ministry of Agriculture and industry analysts made those statements during the WorldFood 2019 expo, one of the most important annual events in the European food and drink industry.

According to them, Latin America is expected to be the major fish and seafood supplier to Russia in ...

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Guolian Enjoys a Revenue Increase; Development Projects Reduce Net Profits

According to a performance report Guolian released this month, the company’s revenue has risen by 13.75% to reach about 2.49 billion yuan ($347.8 million USD) during the first half of 2019 compared with the same period last year. Though its net profit attributable to shareholders has plummeted by 93.58% to around 10.76 million yuan ($1.5 million USD) due to the company’s greater investment in development and expansion, both the company and shareholders will likely benefit from such investments in the long run.

The company has spent much effort developing...

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COVID-19 Collapses Okhotsk Scallop Price

The primary scallop fishing operations have started sequentially from each fishing cooperative along the coast of Okhotsk Sea, Hokkaido, since early May. This year's landing is expected to bring a large supply of over 300,000 tons, similar to the previous season. On the other hand, the price of frozen adductor muscles has been declining because the market is only Japanese mass retailers, and no exports due to the global epidemic of new coronavirus, comment a trader to Minato Shimbun.

According to a trading company, the adductor sales price at the end of May for...

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ANALYSIS: Upwards Pressure on the Scallop Market

As restrictions around the United States are lifted, prices on frozen Atlantic sea scallops during week 23 of 2020 are on the rise. Boat prices have been on a slow incline as more and more states give clearance for foodservice and restaurants to open in limited capacity. With the uptick in sales volume and growing demand for the species during its prime season, key industry players have taken a cautiously optimistic outlook for the coming summer.

Larger sized scallops, like U/10 counts, are...

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Zhangzidao Tries to Explain its Scandals but May Have Failed to be Convincing

Zhangzidao, a controversial aquatic company in China, has hit the headlines several times with its scandals. Some of its common shareholders have even gone to court and sued the company for fraud. However, in a recent interview, Wu Hougang, its chairman, denied public accusations, and complained that it is unfair for Zhangzidao to get nothing but blame in the midst of catastrophes.

Regarding its repeated high mortality rates of scallops, Hougang explained that an investigation of the government’s expert team shows that they...

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Northern Wind, Legit Fish Partner for Traceability, Validation Solution for Scallops

New Bedford-based seafood company Northern Wind announced its partnership with technology firm Legit Fish. Together, the two companies will provide the first commercial-scale traceability and validation solution for the North American scallop industry.

Boston-based Legit Fish’s system will provide Northern Wind the ability to trace the origin, landing date, harvest area and sustainability profiles of the scallops it sells to customers.

Northern Wind explained this partnership as a “revolutionary step” for the North Atlantic Scallop industry...

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Yesso Scallops Once Again a Victim in Zhangzidao’s Blame Game

Zhangzidao has released its financial report of last year, as well as that of this first quarter. Though the reports have provided some details about the company’s improvement measures, they are far from reassuring. And some stakeholders said they are skeptical of relevant statistics.

The 2019 report states that its revenue has contracted by 2.47% to 2.729 billion yuan, while the net profit has plummeted by 1321.41% to -0.392 billion yuan. Although in this first quarter, its net profit has ballooned by 108.61% to 3.7139 million yuan from...

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NMFS Approves Final Measures for Atlantic Sea Scallop Management Plan for 2020 Season

The National Marine Fisheries Service (NMFS) approved the Framework Adjustment 32 to the Atlantic Sea Scallop Fishery Management Plan ahead of the season opening on April 1, 2020.

The plan will help set scallop specifications and other measures for the 2020 and 2021 fishing seasons. The adjustments will help protect small scallops and reduce bycatch of flatfish, according to a notice on the Federal Register.

The Framework also sets specifications for “days-at-sea, individual fishing quotas, sea scallop access area trips and Northern Gulf of Maine"...

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Zhangzidao Hits Bottom in 2019 After Profit Rebound in 2018

According to Zhangzidao’s recent report, the company is estimated to suffer a loss between 0.35 billion yuan to 0.45 billion yuan in 2019, while it has earned about 32 million yuan during 2018. It attributes the great losses to such factors as the repeated scallop disaster and also its unapproved application for reduction in sea usage fees.

Large quantities of dead scallops in late 2019 are said to have led to a loss reaching about 0.29 billion yuan. Apart from the number on paper, there are more unreported losses...

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Zhangzhidao Scrambles to Sell Cucumber Aquaculture Sites After Disastrous Year

Zhangzidao’s shareholders are still recovering from the company's recent repeated scallop disappearance and the decision to drop quite a number of aquaculture areas. But in early January, the company shocked the public again with its plan of selling the rights to four sea areas, mainly for sea cucumber farming. 

Such a deal is estimated to create a revenue of 100.5 million yuan (~$14.5 million USD) and a net profit around 71 million yuan (~$10.3 million USD) for the company...

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Maine Scallop Fishery Enters Emergency Closure in Moosabec Reach

The Commissioner of the Department of Marine Resources in Maine established a scallop conservation closure in Moosabec Reach within the Chandler Bay/Head Harbor Island Rotational Area in Zone 2.

The Department noted concerns over the impact that continued harvesting could have on the future of the scallops in the region. If harvesting were to continue through the rest of the 2019-2020 season, it could reduce scallop broodstock further, as well as jeopardize sub-legal scallop abundance.

The abundance was observed in the 2019 Spring Scallop survey, which is...

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Atlantic Capes Fisheries Spearheading Fishery Improvement Project for Mexican Bay Scallops

New Jersey-based Atlantic Cape Fisheries is playing a leading role in a Fishery Improvement Project (FIP) to ensure the Mexican Bay Scallop Fishery is sustainably managed.

The FIP will improve the management status of the fishery to align with the goals for sustainable use in international standards for fisheries, according to a press release from Atlantic Cape Fisheries.

The Mexican Bay Scallop (Argopecten ventricosus), also known by the names Baja Scallop, Catarina Scallop and Pacific Calico Scallop, is a wild scallop that is “diver caught” in the fishing...

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Red Lobster Celebrates the Holidays With New Offerings in Create Your Own Ultimate Feast®

Thanksgiving is just around the corner and with it, the holiday period of feasting can begin. Red Lobster is celebrating the season by offering seafood feasts without the fuss of cooking at home by bringing back their popular Create Your Own Ultimate Feast®.  

The limited-time event offers new entrees to choose from, plus a variety of seasonal cocktails as well as home or office delivery. In its second year, Create Your Own Ultimate Feast® lets guests choose their own seafood ...

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In Court Ruling on Right Whales, Good News for Scallop Fishery

A federal district court ruled this week the National Marine Fisheries Service (NMFS) violated both the Endangered Species Act and Magnuson-Stevens Act in allowing gillnet fishing in areas frequented by right whales. The Fisheries Survival Fund was a defendant-intervenor in the case and the ruling contained good news for the scallop fishery.

At issue are provisions in Omnibus Habitat Amendment 2, which updated the network of closed areas and habitat protections off the coast of New England. The suit, filed by the Conservation Law Foundation and Earthjustice, alleged the ...

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Maine Announces Opening of Scallop License Lottery

Maine’s Department of Marine Resources (DMR) announced the opening of two scallop licenses lotteries. One is for the scallop drag licenses and another for scallop dive licenses.

The DMR said that due to licenses that were retired in 2018, six scallop drag licenses, and 4 scallop dive licenses will be available for the 2019-2020 season.

Applicants can enter the lottery online at http://www.maine.gov/scalloplottery. There is an option to complete a paper application as well. Find that here.

The DMR said: "It is the responsibility of the applicant to determine their eligibility..."

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Zhangzidao Blames Losses on Yesso Scallops; Shifts Attention to Other Seafood Products

According to Zhangzidao’s August performance report, the company’s revenue has dropped by 8.53% to 1.288 billion yuan (~ USD $180 million) within the first half of 2019 compared with the same period last year. And its net profit attributable to shareholders, excluding non-recurring items, has plummeted by 454% to -33.37 million yuan (USD -$4.7 million).

Such losses are primarily due to a great reduction in its yesso scallop harvest, according to the report. Scallop output is reported to have declined by...

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