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Sep 18 - Scandal-ridden Scallops Serve as Pledges in Zhangziao’s Borrowing Money from Banks


Sep 17 - JAPAN: Scallop Landings Recovered to 40,000 MT Level After Six Years


Sep 15 - Sustainable Seafood Restaurant Opens in Harajuku, Tokhyo


Sep 14 - NOAA Closes Atlantic Sea Scallop Closed Access Area


Sep 4 - In Spite of Seemingly Satisfactory Statistics, Zhangzidao’s Report is Alarming


Aug 28 - UK Fisheries Administration Suspends King Scallop Fishing in North Sea


Aug 28 - JAPAN: July Seafood Export Value Decreases By 14% to 17.3 Billion Yen


Aug 14 - Fisheries Survival Fund Questions NOAA Over Decision to Reinstate Observers, But Cancel Surveys


Aug 14 - ANALYSIS: Imported Scallops Seeing Competition from Domestic Supply


Jul 17 - NOAA Closes Mid-Atlantic Scallop Access Area for LAGC IFQ Fleet


Jul 6 - JFOODO Large-scale Sales Promotion in Hong Kong Aims to Increase Consumption Post-COVID 19


Jul 6 - Alaska Fishing Updates for July 2020


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


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Scandal-ridden Scallops Serve as Pledges in Zhangziao’s Borrowing Money from Banks

Zhangzidao’s yesso scallops are well known in China for their repeated disappearance and death in large quantities. Recently they have hit headlines again, but this time instead of great losses, these scallops are bringing home some money. As pledges, they are said to have helped the company gain a bank loan of 90 million yuan.

The news drove Zhangzidao’s share price upward to a new high level of 4.16 yuan per share on September 16. Later that day the relevant bank, China Minsheng Bank, stepped forward and explained...

Full Story »

JAPAN: Scallop Landings Recovered to 40,000 MT Level After Six Years

According to the Hokkaido Federation of Fisheries Cooperatives, the Hokkaido scallop landings for FY2020 (April 2020-March 2021) increased production in the Funka Bay Hakodate area, Nemuro area, and Okhotsk Kitami area. The Federation projects that the total output will increase by 4% from the previous year's results to 404,300 tons and recover to the 400,000-ton level for the first time in 6 years reports Minato Shimbun.

Okhotsk area expects 300,000 tons for the second consecutive year.

Okhotsk area, which is currently in the middle of...

 

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NOAA Closes Atlantic Sea Scallop Closed Access Area I

The Closed Area I Scallop Access Area was closed to all limited access general category (LAGC) individual fishing quota (IFQ) scallop vessels effective September 13, 2020 until March 31, 2021.

No scallop vessel under the aforementioned regulation may fish, possess or land scallops in or from Closed Area I Access Area. NOAA said that current rules state the area must be closed once the LAGC fleet has fished all of the 571 trips allocated to the area...

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UK Fisheries Administration Suspends King Scallop Fishing in North Sea

The UK Fisheries Administrations announced this week that king scallop fishing in the North Sea, around Dogger Bank, will be suspended until October 11, 2020. 

Fishing in the area has actually been suspended since July 12 to enable scientific analysis of the state of the shellfish stock. The analysis revealed that scallops in the closed areas are either currently spawning, or about to spawn. With evidence from other areas showing that spawning may continue into late autumn, the UK Fisheries Administration made the decision to extend the suspension of...

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Fisheries Survival Fund Questions NOAA Over Decision to Reinstate Observers, But Cancel Surveys

Why are fishery surveys being canceled but at-sea-observers being reinstated? That’s the tough question that the Fisheries Survival Fund (FSF) is asking. FSF submitted a letter to NOAA Fisheries Assistant Administrator Chris Oliver on August 13, just one day before the resumption of observer programs in the Northeast region.

“As you know, FSF represents the significant majority of full-time Limited Access permit holders in the Atlantic scallop fishery,” the letter reads. “Our members are home-ported along the Atlantic Coast from Massachusetts through...

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NOAA Closes Mid-Atlantic Scallop Access Area for LAGC IFQ Fleet

NOAA Fisheries announced on Friday that they are closing the mid-Atlantic scallop access area to all federally permitted limited access general category individual fishing quota (LAGC IFQ) scallop vessels. 

The closure of the area is due to the LAGC fleet fishing all of the 1,142 trips that are allocated for the area. The closure is effective July 19, 2020 through March 30, 2021. Under the closure no scallop vessel fishing under LAGC IFQ regulations are permitted to fish for...

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Alaska Fishing Updates for July 2020

This is Alaska Fish Radio. I’m Laine Welch – Lots of fishing is going on besides salmon.

Alaska’s salmon catch is nearing 8 million fish, of which over half are sockeyes, mostly from Bristol Bay where catches are building.

Fishermen in Quinhagak have formed a group of 70 harvesters to revitalize commercial salmon fishing in Kuskokwim Bay. The group is called the Independent Fishermen of Quinhagak Cooperative and also includes members from Goodnews Bay, Platinum, and Eek. It’s the first fishery since 2016 when the region’s CDQ group...

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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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Sustainable Seafood Restaurant Opens in Harajuku, Tokhyo

The restaurant "Cynthia Blue" opened on September 11 in Harajuku, Tokyo. It offers dishes centered on sustainable seafood. Shinsuke Ishii is the owner-chef who also owns the Michelin-starred French restaurant "Cynthia" in Shibuya-ku, Tokyo. He is also the leader of Chef's for the Blue, a volunteer group of chefs. Cynthia Blue uses ecolabel certified products and underutilized fish as materials. Mr. Ishii said, "I want to change not only the way consumers think about sustainability but also the way they deal with ingredients in restaurants," reports Minato Shimbun...

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In Spite of Seemingly Satisfactory Statistics, Zhangzidao’s Report is Alarming

Zhangzidao’s performance report looks good on paper during the first half of the year without large quantities of dead or escaped scallops. Although its revenue has dived by 21.11% to 1.016 billion yuan compared with the same period last year, its net profit to shareholders of the parent company has skyrocketed by 269.46% to 39.9748 million yuan. Its gross profit ratio has also increased by nearly 2% to 17.34%.

Considering the coronavirus, such performance sounds pleasing, however, a closer look shows that things may not be so dazzling...

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JAPAN: July Seafood Export Value Decreases By 14% to 17.3 Billion Yen

According to trade statistics released by Japan's Ministry of Finance, exports of marine products (seafood and its preparations, and fish meal) in July increased by 6% year-on-year to 755,641 tons. The value decreased by 14% to 17,287 million yen. The export value fell by double digits for the second consecutive month. In the leading products, frozen scallops and yellowtail fillets were sluggish, while frozen albacore and frozen mackerel grew, analyzed Minato Shimbun.

Frozen scallops for China fell by 47% to 3,765 tons...

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ANALYSIS: Imported Scallops Seeing Competition from Domestic Supply

The smaller sized, slow-growing scallops located within the Nantucket Lightship Deep-South Area have created more opportunities for domestic product here in the U.S. Tariff and COVID-19 related setbacks aside, importers usually look to China bay scallops for the petite product at a value, however, as fishermen clear out the harvest from this area, new marketing opportunities for this class of scallops is emerging, overlapping with China bay scallop applications.

In looking at the latest import data, while 2020 year-to-date...

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JFOODO Large-scale Sales Promotion in Hong Kong Aims to Increase Consumption Post-COVID 19

The Japanese Food Overseas Promotion Center (JFOODO) will launch a large-scale promotion of Japanese scallops, yellowtail, and red seabream in Hong Kong from July. JFOODO has teamed up with about 300 local restaurants and retail stores, and advertised three fish species to consumers using advertising tools. In Hong Kong, new coronavirus infections are coming to an end, and JFOODO aims to further increase the three fish species' consumption.

JFOODO has been promoting in Hong Kong for three consecutive years. Since many people are...

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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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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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