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Feb 20 - Seafood.com News Summary Monday February 20, 2017


Feb 20 - PODCAST: India Carries US Shrimp Imports to Record; Snow Crab Prices Smash Records Before Boston


Feb 20 - Russia's Quota Incentive Program Does Not Spur Crab Producers to Place Domestic Shipbuilding Orders


Feb 20 - Handy Seafood Launches Line of Value Added Oysters in Time for Boston Show


Feb 20 - Iceland's Commercial Fishermen Resume Fishing as Labor Deal Gets Narrow Approval


Feb 20 - Effective Management Can Navigate Climate Impacts on the Fisheries


Feb 17 - Seafood.com News Summary Friday February 17, 2017


Feb 17 - Red Chamber to Allow Federal Observers Aboard its Red Shrimp Boats in Argentina to Meet FIP Goal


Feb 17 - Sharp Increase in Iceland's Capelin Quota Could End Fishermen's Strike


Feb 17 - Feds to Analyze Environmental Impacts of Western Pacific Longline Fisheries for Bigeye and Tuna


Feb 17 - Bojangles' Features Alaska Pollock Fish Sandwich for Lent


Feb 17 - Bumble Bee Adds Flavors and Launches Snack Kit Packaging to Tuna Pouch Lineup


Feb 17 - Great Eastern Seafood Celebrates 35 Years in Business With First Boston Show Exhibit Since 1992


Feb 17 - Scientists Find Extreme Forage Fish Populations are Natural, Likely Unavoidable


Feb 16 - Seafood.com News Summary Thursday February 16, 2017


Feb 16 - IATTC Makes Progress on Decreasing Effort on Bigeye and Yellowfin Tunas


Feb 15 - Seafood.com News Summary Wednesday February 15, 2017


Feb 15 - Marine Harvest Doubles Earnings in 2016; Adding Processing, Farming Sites to Grow N. American Sales


Feb 15 - HB Grandi Says Japan's Roe Market Could Benefit as Iceland Raises Capelin Quota to 299,000 MT


Feb 15 - Second Alaska Buyback Program for Southeast Seine Permits Not Approved


Feb 15 - Samherji-Owned Íslandsbleikja Gets Arctic Char Processing Plant in Iceland BAP Certified


Feb 15 - China's Xuzhou Jinjiangfoodstuffs Becomes First Crawfish Producer to Earn BAP Certification


Feb 15 - Pacific Andes Confirms Insolvency Proceedings Have Started for One Subsidiary


Feb 15 - China Update: Tilapia Processors Restart with Stable Prices; Shrimp Production Above Expectations


Feb 15 - US Foods Acquires Assets to Rhode Island Broadline Distributor All American Foods


Feb 15 - Hokkaido Crab Dealer Goes Bankrupt After Russia Tightens Crab Enforcement


Feb 15 - How Alaskans Forced Snow Crab Prices Above $8.00; This Price Likely to Carry Through to Boston


Feb 14 - Seafood.com News Summary Tuesday February 14, 2017


Feb 14 - Krystal and King & Prince Seafood Partner Up to Bring Back Shrimp Po' Boys for Lent


Feb 14 - Rain Forest Aquaculture Gets Three-Star BAP Certification at Fresh Tilapia Facility in Costa Rica


Feb 14 - World Bank Report Says Fisheries Reform with Catch Limits Shows Promising Results


Feb 14 - Russian Fishery Co. Plans Major Pollock Expansion with Chinese Backing


Feb 14 - Fishery Tensions Rise Between China and South Korea after Korean Landings Hit Record Lows


Feb 13 - Seafood.com News Summary Monday February 13, 2017


Feb 13 - Chile Enacts Federal Algae Monitoring Procedures for Gulf of Penas Waters


Feb 13 - Santa Monica Names Bristol Seafood Vendor of the Year; Ted McDermott to Run West Coast Office


Feb 13 - Gulf Reef Shareholders Blast Critical News Report of Red Snapper Catch Share Management


Feb 13 - Alaska Halibut's Responsible Fisheries Management Certification is Renewed


Feb 13 - "Amazing Engineering Feat" Saves Millions of Fish at Feather River Fish Hatchery


Feb 13 - Icelandic Strike Drives Fresh Norwegian Cod Prices in UK up 40%; Threatening Supermarket Profits


Feb 13 - California Salmon Groups Join in Project to Release Salmon at Bodega Bay


Feb 13 - Task Force Eyes $1 billion Alaska Maraculture Industry


Feb 13 - GAA Backs Production Standards for Farmed Pangasius Industry


Feb 13 - Fish Factor: Salmon Fellows Program Spawned in Alaska


Feb 10 - Seafood.com News Summary Friday February 10, 2017


Feb 10 - VIDEO: Shrimp Imports Set an Annual Record and FDA is Still Targeting Filth


Feb 10 - Atlantic States Fishery Managers Adopt Coast-Wide Jonah Crab Claw Harvesting Rule; Set Bycatch Plan


Feb 10 - Hawaiian Seafood Council Refutes AP's Labor Abuse Claims in Commercial Longliner Fleet


Feb 10 - Dr. Cisco Werner Selected Acting Chief Scientist for NOAA Fisheries


Feb 10 - Judge Orders Increased Klamath River Flows to Benefit of Salmon, Tribes, Fisheries


Feb 10 - China Changing from Largest Seafood Exporter to Largest Seafood Importer With Government Support


Feb 10 - Pollock Roe Season May be Positive, but Traders Face a Lot of Uncertainty


Feb 9 - Seafood.com News Summary Thursday February 9, 2017


Feb 9 - Oregon's Domoic Acid Scare Eases as Coos Bay Reopens Under Evisceration Order


Feb 9 - For Those About to Cook, We Salute You; How Chefs Became Rock Stars


Feb 9 - Virginia Oysters to be Marketed at Boston Seafood Show


Feb 8 - Seafood.com News Summary Wednesday February 8, 2017


Feb 8 - Captain D's Promotes Janet Duckham and Nancy Ward to Executive Positions


Feb 8 - Toxic Algae Detected in 149,000 Dead Salmon Smolt in Chile


Feb 8 - Quiznos Brings Back Lobster Subs for Lent


Feb 8 - Squid processors in Hokkaido struggling for survival


Feb 7 - Seafood.com News Summary Tuesday February 7, 2017


Feb 7 - Strong Demand and Cultural Preferences for Seafood Driving Up Prices in China for New Year Sales


Feb 7 - Surge in Indian Shrimp Shipments Drives US Imports to All-Time Record 1.33 Billion Lbs in 2016


Feb 7 - Guolian Triples its Profitability in 2016 based on increases in both export and domestic Markets


Feb 7 - Aquaculture Stewardship Council Disappointed with Carrefour's Decision to Stop Selling Pangasius


Feb 7 - Clearwater Invests $5 Million to Boost Arctic Surf Clam Processing Capacity at Canadian Plants


Feb 7 - BMR Group is India's First Vertically Integrated Shrimp Producer to Get Four Star BAP Approval


Feb 7 - Market Share for Norwegian Salmon Grows in US, Shrinks in EU as Buyers Plug Chilean Production Gap


Feb 7 - EU Urges More Action on Fisheries Subsidies as Chinese Compete with Spanish Fleet


Feb 7 - German Zverev, Friendly to China, Will Head Russian Fish Industry Group to Push Gov't on Exports


Feb 6 - Seafood.com News Summary Monday February 6, 2017


Feb 6 - El Pollo Local Brings Back Popular Baja Shrimp Item in Four New Menu Offerings


Feb 6 - Red Lobster Brings Back Lobsterfest With Four New Combo Entrees


Feb 6 - Ken Coons, Seafood Industry Advocate and Long Time Associate Editor of Seafood News, Passes Away


Feb 6 - FDA's Monthly Seafood Rejections Down 30% from Last January with Filth Still Leading Cause


Feb 3 - Seafood.com News Summary Friday February 3, 2017


Feb 3 - Krystal Featuring Shrimp in $9.99 Valentine's Day Meal Combo


Feb 3 - VIDEO: Seafood Industry United in Support for Chris Oliver as Next NMFS Admin


Feb 3 - Maine Lobster Marketing Collaborative Scores with Lobster Guacamole for Super Bowl Weekend


Feb 3 - ASFMC Wants to Reduce Number of Lobster Traps in Southern New England to Rebuild Stock


Feb 3 - Another Strain of Vibrio Now Linked to Contaminating Atlantic Coast Shellfish, Sickening Consumers


Feb 3 - Oregon Closes 65-mile Stretch of Coast to Commercial Dungeness Crabbing


Feb 2 - Seafood.com News Summary Thursday February 2, 2017


Feb 2 - Anti-Science Climate Skeptic Booted from NOAA Landing Team After Senators Object


Feb 2 - 4% Cut Recommended to Norton Sound's Winter Season King Crab Quota; Ice Conditions Reportedly Poor


Feb 2 - Russia Confirms Increases in Snow Crab, Bairdi TACs for 2017


Feb 2 - Oregon Detects One "Hot" Dungeness Crab Near Winchester Bay


Feb 1 - Seafood.com News Summary Wednesday February 1, 2017


Feb 1 - West Coast Whiting Stock Assessment Shows Population Highest Since 1980s


Feb 1 - Gorton's Brings Back Iconic Gloucester Fishermen Mascot for Super Bowl Ad Campign


Feb 1 - Chris Reuttgers Resigns as CEO of Icicle; Cooke's Pal Angell-Hansen Takes Over as Interim Chairman


Feb 1 - Raw Seafoods Names Former High Liner Sales Veteran Brad Ullrich as Director of National Accounts


Feb 1 - Congressional Seafood Reports Record Growth in DC Area Since Moving to State-of-the-Art Facility


Feb 1 - Texas based Sustainable Sea Products Buys Dickie Poh Seafood, Keeping Dickie's Deviled Crab Line


Feb 1 - Alaska Marine Conservation Council Wants to Reconnect Anchorage Residents to Locally Sourced Seafood


Feb 1 - Fishwise Releases Two White Papers on Seafood Supply Chain Labor Abuse and Traceability


Jan 31 - Seafood.com News Summary Tuesday January 31, 2017


Jan 31 - U.S. and Canada at Odds in Setting Halibut Catch Limits for 2017


Jan 31 - Commerce Upholds Duty Rates on Vietnamese Shrimp Exports in Second 5-Year Review


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License Agreement

Iceland's Commercial Fishermen Resume Fishing as Labor Deal Gets Narrow Approval

Commercial fishermen in Iceland commenced fishing on Sunday after an agreement was narrowly passed between the major fishermen’s unions and the boat owners. The deal ends a three-month work stoppage for Iceland’s commercial fishermen that walked off the job in November. On Friday, we reported Iceland’s fishing strike could come to a quick end because of a recent decision to sharply raise Iceland’s commercial capelin quota. This deal should ease upwards pressure on cod prices and shrinking inventories in the UK market. The strike was starting to cut into fresh and frozen cod production out of Iceland, which is a major cod supplier to global markets. Additionally, any fears of fresh cod shortages in the US market, particularly on the East Coast, are also likely to fade.

Leading Russian crab producers failed to reach any agreements with domestic shipbuilders to place orders for new ships. According to a recent law passed by the Russian government, crab producers are required to use domestic shipbuilders to build new fishing vessels. in return for quota allocations."Unfortunately, none of Russia's leading crab producers, which participated in the meeting, was able to complete and place a clear order. Each of producers requires ships in accordance with their own, specific needs, which, however, has nothing to do with mass production. Due to this, we were unable to reach any agreements," said Vitaly Gvozdev, a senior representative of Nordic Engineering

In other news, there will be a concerted effort during Alaska's upcoming Board of Fish meetings to end the so-called "fish wars" and move discussions out of the realm of political battles and keep it firmly in the arena of science-based fisheries management that benefits everyone. At the meeting, the board will consider a 174 fishery management proposals. “I’m not going to do a tit-for-tat allocation battle back and forth,” said David Martin, President of the United Cook Inlet Drift Association. “That doesn’t benefit anybody.”

Meanwhile, President Trumps's executive order that requires two regulations be effectively eliminated for each new one that is created could disrupt the implementation of some federal fishery management regulations. The vast majority of federal fisheries regulations do not the standard, meaning routine closures and assessments should proceed as they always have. However, NOAA Fisheries has several regulations currently under consideration that are “significant regulatory actions” including a proposed update to ensure consistent application of rules at federal marine sanctuaries and an effort to combat the spread of illegally caught or fraudulently identified seafood in U.S. markets.

Finally, some analysts say Vietnam's goal to raise its total annual value of shrimp exports to global markets to $10 billion by 2025 might not be realistic. Experts calculate that if the added value of shrimp is doubled by 2025, the country would earn $6 billion from exports. For the $4 billion remainder, Vietnam would have to produce an additional 1 million metric tons of shrimp. And even though the production goal is attainable, analysts say the value of the shrimp will not be high enough to reach the $10 billion goal.

Full Story »

Russia's Quota Incentive Program Does Not Spur Crab Producers to Place Domestic Shipbuilding Orders

SEAFOODNEWS.COM by Eugene Gerden - February 20, 2017

Leading Russian crab producers have failed to reach an agreement with the domestic shipbuilders, regarding the placement of orders for new crab vessels, which is required by the recently amended Russian legislation in the field of fish and seafood production, according to recent statements of an official spokesman of Russian Rosrybolovstvo.

The recent decision of the Russian government to include crabs in the "under keel" quota program (which involves placement of orders for the building of fishing trawlers at domestic shipyards in exchange of quotas’ provision) became a big surprise for domestic crab producers, which have been forced to start talks with  domestic shipbuilders, regarding with the building of ships at their capacities, amid the prospects of inevitable tighthening of competition in the sector... 

Full Story »

Iceland's Commercial Fishermen Resume Fishing as Labor Deal Gets Narrow Approval

SEAFOODNEWS.COM by Michael Ramsingh - February 20, 2017

Commercial fishermen in Iceland commenced fishing on Sunday after an agreement was narrowly passed between the major fishermen’s unions and the boat owners.

The deal ends a three-month work stoppage for Iceland’s commercial fishermen that walked off the job in November. The fishermen demanded better prices of fish sold at auction compared to the fish not sold at auction; guaranteed salaries, bonus incentives; a larger budget for clothing and third party safety assessments...

Full Story »

Red Chamber to Allow Federal Observers Aboard its Red Shrimp Boats in Argentina to Meet FIP Goal

Red Chamber said it will participate with Argentina’s national fisheries research institute INIDEP in a fishery observer program for the inshore Patagonian pink shrimp fishery. Argentina’s Patagonian pink shrimp are also known as red shrimp or Pleoticus muelleri. They are a wild-caught coldwater shrimp. Red Chamber Argentina (RCA) said it committed to the observer program for the Patagonian shrimp in order to fulfill goals listed in a Fishery Improvement Program for the fishery that the company is participating in. “We are looking forward to working with INIDEP to track juvenile hake bycatch in the red shrimp fishery and make progress towards management improvements,” said RCA President Marcelo Mou.

Cod prices in UK markets are on the rise from the combination of the prolonged fishermen's strike in Iceland and because of high salmon prices. Analysts say high-priced salmon has UK motivated consumers to switch to lower-priced cod. However, UK cod supplies are starting to feel the pinch from Iceland's prolong fishermen's strike that started in November. In a related story, European fish market analysts at Marko Fish say Iceland's sharply higher capelin quota announced this week could motivate Iceland's fishermen to end their strike. “There are higher probabilities that the strike will be resolved in the next few days than before due to the issue of enlarged quota for capelin of 196 thousand that will be Iceland’s share of the quota. Due to the relatively short catch window for the capelin the pressure to end the strike is increased,” said Marko Fish.

In other news, Vietnam's largest pangasius exporter Vinh Hoan purchased all of the assets to pangasius processors Thanh Binh Dong Thap Seafood for an undisclosed amount. The move increases Vinh Hoan's processing capacity by 20 percent according to a local report.

Meanwhile, NMFS said it will prepare a Programmatic Environmental Impact Statement (PEIS) on the U.S. Pacific Island deep-set tuna longline fisheries, which target bigeye tuna. The PEIS will analyze the environmental impacts of management of deep-set tuna longliners, which operate out of Hawaii, American Samoa, and the U.S. West Coast. "The PEIS is a proactive step in the management of deep-set tuna longline fisheries," said Western Pacific Fishery Management Council Executive Director Kitty M. Simonds. "It streamlines environmental review for future management decisions and facilitates the ability of fisheries to adaptively respond to changing conditions."

Finally, the United Fishermen of Alaska flagged concerns about House Bill 511, an income tax bill that begins hearings today in the House Finance Committee. UFA says many fishermen will have "major difficulties" complying with withholding requirements on payments to fishing crew.

Have a great weekend.

Full Story »

Sharp Increase in Iceland's Capelin Quota Could End Fishermen's Strike

SEAFOODNEWS.COM by Michael Ramsingh - February 17, 2017

European seafood analysts at Marko Fish said Iceland’s decision to sharply increase its capelin quota this season could spur a quick end to the prolonged fishermen’s strike.

“There are higher probabilities that the strike will be resolved in the next few days than before due to the issue of enlarged quota for capelin of 196 thousand that will be Iceland’s share of the quota. Due to the relatively short catch window for the capelin the pressure to end the strike is increased,” said Marko Fish in its February 16 newsletter...

Full Story »

Bojangles' Features Alaska Pollock Fish Sandwich for Lent

SEAFOODNEWS.COM [Seafood News] - February 17, 2017

Charlotte, NC -- The BojAngler is back and ready to make a splash! Following a popular debut last year, Bojangles’ has brought back the delicious BojAngler fish sandwich, which is now available at participating restaurants for a limited time.

There’s nothing flaky about this fish sandwich. Unless, of course, you’re referring to the actual filet, a delightfully light, wild-caught Alaskan Pollock filet with a generous dash of Bojangles’ popular fry seasoning. The filet is paired with a slice of all-natural cheddar cheese and zesty tartar sauce, all between a golden-brown toasted, buttered bun. Perfect for lunch or dinner, the BojAngler proves that a brand famous for its flavorful chicken and made-from-scratch ...

Full Story »

Great Eastern Seafood Celebrates 35 Years in Business With First Boston Show Exhibit Since 1992

SEAFOODNEWS.COM [Seafood News] - February 17, 2017

Great Eastern Seafood, a leading processor and distributor of fresh seafood, is proud to announce the company is celebrating its 35th year in business.

Since its founding in 1982, Great Eastern Seafood has established itself as one of America’s fastest growing seafood processing and distribution companies by demonstrating superior standards of providing its customers with a variety of premium fresh seafood from across the globe. Great Eastern Seafood prides itself in providing its customers with the freshest seafood products that have been responsibly harvested using sustainable and environmentally friendly practices whenever possible, the company said in a press release.

With four generations of business relationships throughout New England and Canada, Great Eastern Seafood is a top producer of North Atlantic groundfish and flatfish.

“Over the last thirty five years, Great Eastern Seafood has not only remained strong throughout many economic ups and downs, but we’ve grown the business and now serve over 170 customers across North America,” said Doug Nucatola, ...

Full Story »

Nova Scotia Tests Project with Chinese Online Retailer Tmall  to Export Only Premium Quality Lobsters

Three Nova Scotia lobsters exporters and Chinese online retailer Tmall agreed to participate in a pilot project that will ensure Chinese consumers are getting premium lobsters. During this project, which is to run from May through to September, three Nova Scotia companies will export 300,000 live lobsters to be sold through Tmall. Under the deal inked by Nova Scotia and Tmall, which is part of Alibaba's e-commerce business, lobster exporters will submit to a quality-control initiative. This will include a quality standards manual, a training program and regular audits at participating export plants in Nova Scotia and the receiver sites in China. “The online market in China is a huge, huge business opportunity and we’re seeing this as an opportunity to reach new customers," said Robert MacDonald, Gidney’s president and general manager.

Alaskan cod and pollock fishing and processing in Adak has been put on hold for the second straight year. According to Adak city officials, fishermen do not want to catch pollock because of low prices. Meanwhile, the city's processing plant said it would likely only process pollock if it could also start receiving cod deliveries. However, cod fishermen are currently suing to stop a 2015 NPFMC decision that requires them to deliver tons of their harvest to Adak.

In other news, Hawaii lawmakers advanced a bill that requires more oversight of the commercial fishing industry after an Associated Press investigation found labor abuse aboard US owned and operated commercial tuna longliners. The bill would require fishing boat owners who want a commercial license in Hawaii to provide state officials with a copy of employment contracts held with every fisherman on board before the license is granted. The bill passed the House Committee on Ocean, Marine Resources and Hawaiian Affairs Tuesday and it goes next to the Judiciary Committee.

Meanwhile, the European Parliament has approved the Comprehensive Economic and Trade Agreement (CETA) with Canada. The deal, which has been seven years in the making, will eliminate almost all trade tariffs between the European Union and Canada. Economists say tariffs on Canada's seafood exports to the EU are likely to be phased out over the next three to seven years under CETA.

Finally, Eastern Pacific fisheries managers finally reached an agreement last week on fishing for Pacific bigeye and yellowfin tunas. It took more than seven months and the measures are not without criticism, but the regulations align with other international management and acknowledge excessive fishing effort may harm the tuna resources.

Full Story »

How Alaskans Forced Snow Crab Prices Above $8.00; This Price Likely to Carry Through to Boston

Reports from Japan say “Bering Sea Opilio Prices are escalating wildly above $8.00” due to the production cutback in Alaska. As a result, wholesale snow crab prices in Japan have smashed all records, and are up about 50 percent over last year. Traders think the $8.00 per pound prices will also be on offer at the Boston Seafood Show. However, they hold out hope for an early opening of the Canadian Gulf season, especially if ice conditions are not severe this year. As far as snow crab buyers go, all eyes are on the opening of the Gulf and Newfoundland seasons writes John Sackton.

Marine Harvest doubled its earnings in 2016 as the operator benefitted from strong global demand for limited inventories of high-priced salmon. “2016 was a great year for Marine Harvest, with both record earnings and cash flow generation. I am very proud of the work all our colleagues have put in to achieve these results,” said Marine Harvest CEO Alf-Helge Aarskog.  The world’s top salmon producer also announced plans to expand its market share in North America with a new processing facility and farming sites in Canada. 

In other news, tilapia processing plants have started back to work after the Chinese New Year. But output is still low. The market situation in 2016 has taken a toll on farmers feeding and stocking of tilapia, which has meant stable prices amid small supplies. Meanwhile, white shrimp production in sheds, or roof covered ponds, exceeded expectations in South China, with the result that for the first time in several years there was no major price increase on shrimp during the New Year festival.

Iceland’s Ministry of Fisheries raised its commercial capelin quota to 299,000 metric tons, which is a sharply higher quota compared to last year. Major Iceland fishing company HB Grandi is among the key capelin harvesting companies in the country and said the higher quota should benefit Japan's roe market. "There is strong demand for roe-bearing capelin on the Japanese market and as stocks are low, roe prices are high," said Garðar Svavarsson, head of HB Grandi's pelagics division.

Finally, the votes fell short for a second round of Southeast Alaska salmon seine permits to be retired, or bought back, by a federal loan. The referendum failed by 26 votes among 315 eligible to participate

Full Story »

HB Grandi Says Japan's Roe Market Could Benefit as Iceland Raises Capelin Quota to 299,000 MT

SEAFOODNEWS.COM [SeafoodNews] - February 15, 2017

Iceland’s Ministry of Fisheries raised its commercial capelin quota to 299,000 metric tons, which is a sharply higher quota compared to last year.

In January, an assessment of Iceland’s capelin fishery by the Marine Research Institute said the stock could support a total quota of 57,000 metric tons.

However, the January survey was conducted during poor weather with sea ice covering the survey area.  Except for the need to spawn in relatively warm waters, capelin is a pure cold-water species...

Full Story »

Samherji-Owned Íslandsbleikja Gets Arctic Char Processing Plant in Iceland BAP Certified

SEAFOODNEWS.COM [SeafoodNews] February 15, 2017

Íslandsbleikja is Iceland’s first processing plant and the world’s first Arctic char facility to attain Best Aquaculture Practices (BAP) certification.

The processing plant — located in Grindavík, on the southwest coast of Iceland — processes 2,000 metric tons of Arctic charr (Salvelinus alpinus) annually, supplied by two land-based farms and three hatcheries throughout Iceland. Íslandsbleikja markets its fresh and frozen Arctic charr to retail and foodservice companies across Europe and North America.

Íslandsbleikja is owned by Samherji hf., a leading Iceland-based seafood company, with operations throughout Europe, Africa and North America...

Full Story »

Pacific Andes Confirms Insolvency Proceedings Have Started for One Subsidiary 

SEAFOODNEWS.COM by Michael Ramsingh - February 15, 2017

Pacific Andes issued a statement confirming that insolvency proceedings have been initiated for one of its subsidiaries following a court decision in the British Virgin Islands (BVI).

“Pacific Andes International Holdings Limited wishes to announce that insolvency proceedings have been commenced in the Virgin Islands against Europaco Limited, an indirect wholly-owned subsidiary of the Company engaged in the seafood trading business,” the company said in a press release...

Full Story »

US Foods Acquires Assets to Rhode Island Broadline Distributor All American Foods

SEAFOODNEWS.COM [SeafoodNews] February 15, 2017 

US Foods has acquired All American Foods, a broadline distributor based in North Kingstown, Rhode Island

All American Foods was established in 1988 and has grown to offer more than 4,000 SKUs to nearly 1,000 customers throughout Rhode Island, Massachusetts and Connecticut. The company reports annual sales of nearly $60 million.

The addition of All American Foods will further enhance US Food’s ability to serve customers in the northeast region, an area of the country heavily populated with independent restaurants US Foods said in a press release...

Full Story »

How Alaskans Forced Snow Crab Prices Above $8.00; This Price Likely to Carry Through to Boston

SEAFOODNEWS.COM by John Sackton - February 15, 2017

Reports from Japan say “Bering Sea Opilio Prices are escalating wildly above $8.00” due to the production cutback in Alaska.
 
As a result wholesale snow crab prices in Japan have smashed all records, and are up about 50% over last year.
 
As of this week, about 12.6 million pounds has been caught, and 9 million pounds remains to be fished, or about 41% of ...

Full Story »

Krystal and King & Prince Seafood Partner Up to Bring Back Shrimp Po' Boys for Lent

SEAFOODNEWS.COM [SeafoodNews] February 14, 2017

Krystal is bringing back Shrimp Po’ Boy sandwiches for the Lenten season in partnership with King & Prince Seafood.

"Shrimp is one of those tastes you just can't get enough of," said Heather Schlesinger, Director of Calendar Programs & Promotions for Krystal. "It only makes sense to bring back the coastal flavors all of our guests love."

The sandwiches are included in Krystal’s Mix for $5 value meal deal. The sandwiches consist of a crispy butterfly shrimp with a tangy sauce served a soft roll.  The fried shrimp is also available by the basket and is paired with a choice of sauces such as buffalo, BBQ or Texas petal...

Full Story »

PODCAST: India Carries US Shrimp Imports to Record; Snow Crab Prices Smash Records Before Boston

Full Story »

Handy Seafood Launches Line of Value Added Oysters in Time for Boston Show

SEAFOODNEWS.COM [SeafoodNews] February 20, 2017

Handy Seafood will launch two new value-added products—Oysters Rockefeller and Oysters Casino. The products will be featured in the New Products Showcase at the Seafood Expo North America in March.

These products will be part of Handy's Oyster Collection. The products offer customers a trendy, high protein product with convenience and quality Handy said. These two products, along with several other delicious Handy products, will be featured on sampling menus at Handy’s restaurant-style booth, number 823...

Full Story »

Effective Management Can Navigate Climate Impacts on the Fisheries

SEAFOODNEWS.COM [SeafoodNews] - February 20, 2017

BOSTON – Fisheries around the world are likely to come under increasing pressure from climate change. But effective, cooperative management approaches can blunt the projected impacts on both fish stocks and on the billions of people who depend on them – and in some cases even improve the health of key fisheries.

“The future is potentially prosperous, but only if we take action now to adapt to the kinds of changes that we now anticipate,” said Christopher Costello, professor of environmental resource economics...

Full Story »

Red Chamber to Allow Federal Observers Aboard its Red Shrimp Boats in Argentina to Meet FIP Goal

SEAFOODNEWS.COM by Michael Ramsingh - February 17, 2017

Major US seafood importer, processor and distributor Red Chamber said it will participate with Argentina’s national fisheries research institute INIDEP in a fishery observer program for the inshore Patagonian pink shrimp fishery.

Argentina’s Patagonian pink shrimp are also known as red shrimp or Pleoticus muelleri. They are a wild-caught coldwater shrimp.

The fishery is harvested in two distinct sectors: inshore and offshore. The inshore fishery is comprised of day boats that catch shrimp for four to five hours at a time. Inshore fishing occurs between November and April. 

Full Story »

Feds to Analyze Environmental Impacts of Western Pacific Longline Fisheries for  Bigeye and Tuna 

SEAFOODNEWS.COM [SeafoodNews] - February 17, 2017

HONOLULU -- The National Marine Fisheries Service (NMFS) announced on Monday that it will prepare a Programmatic Environmental Impact Statement (PEIS) on the U.S. Pacific Island deep-set tuna longline fisheries, which target bigeye tuna.

The PEIS will analyze the environmental impacts of management of deep-set tuna longliners, which operate out of Hawaii, American Samoa, and the U.S. West Coast. The need for the proposed action is to manage deep-set tuna longline fisheries under an adaptive management framework that allows for timely management responses to changing environmental conditions, consistent with domestic and international conservation and management measures.

The PEIS will be developed in coordination with the Western Pacific Fishery Management Council based in Honolulu.

Tuna longline fisheries use two distinct gear types: shallow-set vessels target swordfish near the surface and deep-set vessels target tunas deeper than 100 meters...

Full Story »

Bumble Bee Adds Flavors and Launches Snack Kit Packaging to Tuna Pouch Lineup

SEAFOODNEWS.COM [Seafood News] - February 17, 2017

Bumble Bee Seafoods has introduced several new flavors to its Prime Fillet line, Seasoned Tuna Pouches and Snack on the Run! kits. 
 
“Consumers are looking for nutritious, affordable meal solutions to fill their pantries,” said Dave Melbourne, Bumble Bee senior vice president, consumer marketing and corporate social responsibility, in the statement. “Bumble Bee’s new flavor varieties offer simple, delicious ways to incorporate more seafood into you and your family’s diet.”

Full Story »

Scientists Find Extreme Forage Fish Populations are Natural, Likely Unavoidable

SEAFOODNEWS.COM [Seafood News] - February 17, 2017

ANN ARBOR — California sardine stocks famously crashed in John Steinbeck's "Cannery Row." New research, building on previous since the late 1960s, shows in greater detail that such forage fish stocks have undergone boom-bust cycles for centuries, with at least three species off the U.S. West Coast repeatedly experiencing steep population increases followed by declines long before commercial fishing began.

Natural population fluctuations in Pacific sardine, northern anchovy and Pacific hake off California have been so common that the species were in collapsed condition 29 to 40 percent of the time over the 500-year period from A.D. 1000 to 1500, according to the study published online Feb. 9 in Geophysical Research Letters.

Using a long time series of fish scales deposited in low-oxygen, offshore sedimentary environments off Southern California, researchers from the National Oceanic and Atmospheric Administration and the University of Michigan described such collapses as "an intrinsic property of some forage fish populations that should be expected ...

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IATTC Makes Progress on Decreasing Effort on Bigeye and Yellowfin Tunas

SEAFOODNEWS.COM [Seafood News] - February 16, 2017

Eastern Pacific fisheries managers finally reached an agreement last week on fishing for bigeye and yellowfin tunas. It took more than seven months and the measures are not without criticism, but the measures align with other international management and acknowledge excessive fishing effort may harm the tuna resources.
 
The 21 members of the Inter-American Tropical Tuna Association agreed to align the total purse seine catch limits for yellowfin and bigeye tuna by set type and that there are no national allocations.
 
The purse seine vessels of capacity classes 4 to 6 (more than 182 metric tons carrying capacity) and longline vessels more than 24 meters of all members and cooperating non-members of the IATTC must stop fishing in the Convention Area for 62 days in 2017, according to the IATTC resolution. The closures must be in one of two periods: between July 29 and Sept. 28 or between Nov. 18, 2017 and Jan. 18, 2018.
 
The members did not agree to limit ...

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Marine Harvest Doubles Earnings in 2016; Adding Processing, Farming Sites to Grow N. American Sales

SEAFOODNEWS.COM by Michael Ramsingh - February 15, 2017

Marine Harvest doubled its earnings in 2016 as the operator benefitted from strong global demand for limited inventories of high-priced salmon. The world’s top salmon producer has plans to expand its market share in North America with a new processing facility and farming sites in Canada.

The Norwegian-based operator posted US$741 million in full year earnings in 2016. This figure is more than double its earnings in 2015 that amounted to $367 million.

“2016 was a great year for Marine ...

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Second Alaska Buyback Program for Southeast Seine Permits Not Approved

SEAFOODNEWS.COM [SeafoodNews] - February 15, 2017

The votes fell short for a second round of Southeast Alaska salmon seine permits to be retired, or bought back, by a federal loan. The referendum failed by 26 votes among 315 eligible to participate.

In a Federal Register announcement yesterday, the National Marine Fisheries Service released the results of a referendum among 315 permits in the fishery designated as S01A by the Alaska Commercial Fisheries Entry Commission (CFEC). NMFS received a total of 180 ballots of the 315 eligible to vote, but only 132 were in favor...

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China’s Xuzhou Jinjiangfoodstuffs Becomes First Crawfish Producer to Earn BAP Certification 

SEAFOODNEWS.COM [SeafoodNews] - February 15, 2017

The Global Aquaculture Alliance’s Best Aquaculture Practices has certified the world’s first crawfish facility against its Best Aquaculture Practices program the organization announced in mid-February.

China’s Xuzhou Jinjiangfoodstuffs Co. Ltd. processing plant attained BAP at its facility located in Pizhou City, Jiangsu, China. The facility has been in operation since 2004 and processes cooked crawfish tail meat and freezes it for export mainly to the United States. The crawfish is imported to the United States by Bernard’s Seafood Co. Ltd. of Mansura, Louisiana.

“The GAA is thrilled to partner with Bernard’s Seafood to help bring BAP certification to crawfish and to help the company source farmed seafood responsibly,” said Chris Keller, BAP director of market development in the Americas.

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China Update:  Tilapia Processors Restart with Stable Prices; Shrimp Production Above Expectations

SEAFOODNEWS.COM by Amy Zhong and John Sackton - February 15, 2017

Tilapia processing plants have started back to work after the Chinese New Year. But output is still low.  The market situation in 2016 has taken a toll on farmers feeding and stocking of tilapia, which has meant stable prices amid small supplies.

In Hainan processing plants restarted their operation earlier than those in Guangdong and Guangxi. According to insiders, more processing plants will go back to work after the Lantern ...

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Hokkaido Crab Dealer Goes Bankrupt After Russia Tightens Crab Enforcement

SEAFOODNEWS.COM [Japan Reports] - February 15, 2017

A Hokkaido crab dealer has gone bankrupt under the impact of Russia's tightened fishing regulations and soaring procurement costs.

Kanikichi Gyorakuichi Suisan Co., a fresh fish trader based in Kushiro, eastern Hokkaido, was ordered by Kushiro District Court on Feb. 3 to begin bankruptcy procedures.

Its debt amounted to about 189 million yen, according to Kushiro Branch of Data Bank Ltd., a private credit agency.

Kanikichi (president: Kazuyoshi Kamata) was founded in 1999 ...

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Banks Closer to Forcing Pacific Andes Liquidation with Court Win in British Virgin Islands

Banks who are major creditors of Pacific Andes are one step closer to winning liquidation of the company, after a judge ruled in their favor in the British Virgin Islands (BVI). The BVI Commercial Court ordered the appointment of liquidators over Pacific Andes Enterprises Limited, Parkmond Group Limited, and PARD Trade Limited, three BVI incorporated companies that form a key part of the China Fishery Group. The applications were unsuccessfully contested on the principal ground that the appointment of liquidators would irretrievably damage the prospects of a wider, global restructuring of the Pacific Andes Group.

An investment group concluded that Northern Dynasty's Pebble mining deposit in Alaska is not commercially viable. "Mining it would require so much upfront investment that it would actually destroy value," said Kerrisdale Capital in its analysis of Northern Dynasty's assets. The analysis goes a step further and says Northern Dynasty attempted to hide the real value of the assets from the public. "Kerrisdale believes Northern Dynasty’s former partners concluded that the Pebble project had a negative present value – an assessment that Northern Dynasty has spent years trying to conceal from public," the firm said.

In other news, the Russian Fishery Co. plans to significantly expand pollock production volumes, yet its plan, backed by China, may run into opposition from state agencies. Russian Fishery's expansion plan includes a $50-$60 million proposal to expand its fishing fleet with the construction of six factory trawlers. Russian Fishery would rely on a loan from Chinese investors and overseas shipyards to build the boats. But this runs counter to a federal plan that awards catch quotas to operators that commit to using domestic resources to expand the Russian fishing industry.

Meanwhile, we run an Editorial published by the Daily Astorian in Oregon that slams state Governor Kate Brown's intention to squash an agreement that allows for the use of gillnets to commercially harvest some salmon on the Columbia River. "Yes, all Oregonians want recreational fishing to prosper. But by rejecting any compromise on behalf of hardworking commercial fishermen, Brown places herself solidly against jobs for struggling rural voters," the Astorian said.

Finally, Krystal is bringing back Shrimp Po’ Boy sandwiches for the Lenten season in partnership with King & Prince Seafood. The burger chain will feature the fried shrimp sandwiches on its menu in a $5 meal deal. The shrimp can also be ordered by the basket. "Krystal and Shrimp ring nicely together," said Mike Tigani, Director of Marketing for King & Prince Seafood. "We are humbled to be working with a company that prides themselves on the same Southern culture and great food we at King & Prince do."

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Rain Forest Aquaculture Gets Three-Star BAP Certification at Fresh Tilapia Facility in Costa Rica

SEAFOODNEWS.COM [SeafoodNews] February 14, 2017

Rain Forest Aquaculture received three-star certification from the Global Aquaculture Alliance’s Best Aquaculture Practices program for its fresh tilapia operation in Costa Rica.

Rain Forest is owned by major farmed salmon producer and exporter AquaChile and supplies 90 percent of the US market fresh tilapia fillets. Rain Forest represents about 25 percent of the entire North American for fresh tilapia.

Three-star certification is the second highest level of certification offered by the BAP program. Rain Forest says it is close to full four-star approval...

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