Fri. Jun 23 2017

NFI, Importers Dealt Setback by Court in Ruling over Seafood Traceability Rule


FFAW wins Higher Summer Shrimp Price as Panel Sets $1.25 per Lb. as Benchmark  


China Shrimp Seed Stocking Drops 25% in First Half, Output to Be Stable on higher Quality seed  


ANALYSIS: Live Lobster Market Following Seasonal Trends  


Tesco Hikes UK Salmon Retail Prices, Following Sainsbury  


Chinese Engineers Finish First Semi-Submersible Aquaculture Pen for SalMar ASA  


Atlantic Capes Promotes Two Executives to Operations and Financial Roles  


Seafood.com News Summary Friday June 23, 2017


Thu. Jun 22 2017

Japan Frozen Salmon Market Weakens Ahead of New Season Production in Russia and Alaska  


ANALYSIS: Atlantic Salmon Frozen Fillet Imports Beginning to Rise  


Brits All At Sea on Old Fish Names


Zhanjiang Aquatic Products Exposition Draws Purchaser and Visitors from Around the World  


Seafood.com News Summary Thursday June 22, 2017


Norway Sees Rise in Export Values in May  


Wed. Jun 21 2017

BuyBack Program for Non-Whiting Trawl Fleet Continues to Generate Excessive Costs with no Relief   (0)


ANALYSIS: Scallop Market Prices Retreat from All-Time Highs  


New Bedford Mayor Says Rafael Represented 75% of their Groundfish Landings; Pleads to Keep Permits


Mexican Film on Tilapia Workers Wins First Prize for World Seafood Congress Women in Seafood Videos


Just Shrimp Adds Healthy Alternatives to Attract Younger Diners  


Seafood.com News Summary Wednesday June 21, 2017


Tue. Jun 20 2017

Peeled Shrimp Margins Squeezed by Two Year Decline  


Bocaccio, Darkblotch Rockfish Assessment Updates Show Stocks Rebuilt  


Oregon Trawl Commission Strongly Disputes Our Criticism of MSC's Approach to West Coast Groundfish   (0)


Chris Oliver Named Assistant Administrator for NOAA Fisheries


Stavis Seafoods to Pack Fresh Fish in 100% Recyclable Material


Americold Announces Appointment of Tim Hinckley as Executive VP & CCO


Editorial Changes at Seafood News Announced With Susan Chambers Named Associate Editor


VIDEO: Farmed Salmon Prices in Seasonal Decline  


Canadian Gov’t Says NL Plant Workers Will get Extra 5 Weeks of Employment Insurance Benefit


California Budget Bill Lowers Landing Fees From State Proposal  


Seafood.com News Summary Tuesday June 20, 2017


Mon. Jun 19 2017

MSC Could be Kiss of Death for West Coast Groundfish   (0)


Flood of Sick and Weak Shrimp Depresses Market Prices in China during first part of June  


Battle Over Snow Crab by Russian Oligarchs Leads to Record Bidding in Quota Auction  


Port Moller Test Boat Out for Today, Bristol Bay Pre-Season Measurement Program in 50th Year  


New Shrimp Prices to be Set in Newfoundland, With Uncertainty Whether Market Will Accept Increase  


Antibiotic Usage Among Chilean Fish Farms Down 30% in 2016  


Acme Smoked Fish Adds Sashimi Style Smoked Salmon to Blue Hill Bay Brand  


Australia's Southern Rock Lobster Stocks Showing Resistance to Climate Change  


Seafood.com News Summary Monday June 19, 2017


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Bidding Wars for Limited Gulf Shrimp at the Docks Sends Wholesale Prices Higher in Most Categories 

Bidding wars at shrimp docks across the Gulf of Mexico have wholesale market prices for domestic shrimp trending higher in most categories in September. Processors are scrambling to secure shrimp with availability more limited compared to last year. Total Gulf landings in July were down 36 percent from 2015 and 38 percent from the five-year monthly average. It’s a difference of about 4 million pounds at this point last year. “If you take that many pounds out of circulation and you don’t have substantial inventories going into the season it creates a perfect storm for prices to increase,” said Nello Cassarino, owner of Galveston Shrimp Company in Texas.

About $14 billion worth of cargo is still stranded at sea because of the bankruptcy filing by South Korean shipping line Hanjin. Dozens of Hanjin's ships carrying more than half a million cargo containers have been denied access to ports around the world because of uncertainty about who would pay docking fees, container-storage and unloading bills. Some of those ships have been seized by the company's creditors. Though Hanjin accounts for a small portion of global container capacity, the disruption, which comes as retailers prepare to stock their shelves for the holiday season, is expected to be costly, as companies scramble to book their goods on other carriers. Meanwhile, shipping rates for Asia to US cargo increased as much as 50 percent this week for all shipping lines as the holiday season approaches.

In other news, according to China's Panyu Entry-Exit Inspection and Quarantine Bureau, recently 30,000 tilapia brood cultivated in Panyu of Guangzhou have passed the bureau’s examination and been exported to Myanmar. This is the first batch of China’s tilapia brood sold to that country. The broodstock sales to Myanmar are the result of high tilapia production costs in China.

Meanwhile, the West Coast trawl catch shares program five-year review kicked off with a series of public hearings. Susan Chamber reports on some of the common these that have already emerged from the review which include: the non-whiting shoreside sector is underutilizing its allocation, monitoring costs are affecting both processors and fishermen and sablefish has become a constraining species. The Pacific Fishery Management Council will hold more hearings throughout September, accept public comment at its September meeting in Boise, Idaho, and also appoint a Community Advisory Board to discuss the program and develop potential remedies.

Finally, Dr. David Wilson officially took the role as the seventh Executive Director of the International Pacific Halibut Commission. Dr. Bruce Leaman handed over the reins last week after a month of orientation when Wilson was briefed on current research, process, and staff at the IPHC. “One of my goals on this was to leave Dave [Wilson] with as highly functioning an organization as I possibly could,” said Leaman. “He may want to come in and look at things differently, but from a functional perspective I wanted to leave him with the best available.“

Also be sure to check out weekly video news roundup series by clicking on the embedded video box in the daily newsletter or by visiting our homepage. You can also listen to the news recap through our new podcast channels available on iTunesGoogle Play and SoundCloud.

Have a great weekend.

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