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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Barents Sea Cod Quota Virtually Unchanged 

The Norwegian-Russian Fisheries Commission announced that the cod quota will be 890,000 tons, reduced just 4,000 tons from 2016. This contradicts the official recommendation of ICES which called for a 10% cut in the quota. This marks the second year in a row that the joint Barents sea commission has ignored ICES advice. The implication of the meeting is that cod stocks are still at a high level. 

US Foods finalized a deal to acquire Florida-based seafood processor and distributor Save on Seafood. The company is based in St. Petersburg and provides fresh and frozen seafood to restaurants and grocery stores across the Southeast market. Save on Seafood reported $80 million in annual sales. US Foods will retain all of Save on Seafood’s 170 employees. Save On’s Owner Gib Migliano will stay on board as president of the company. Save On will continue to operate out of its current headquarters as a subsidiary of US Foods under its Stock Yards organization. “Seafood sales continue to rise throughout the Southeast, and with Save On Seafood we are able to expand our fresh and frozen seafood offerings to our customers in these markets,” said David Norton, president, Stock Yards, US Foods.

In other news, Chinese shrimp distributor Guolian Aquatic said it has increased its profits 20-fold through the first three-quarters of 2016 compared to year ago levels. Guolian said its sharply higher profits is the result of diverse sales to chain restaurant and because of improved sales to the US market through its Sunnyvale Seafoods subsidiary. Guolian's board also said that the stronger dollar has helped its profitability and that the ending of the FDA automatic detention for some of its shrimp products has also cut costs.

Meanwhile, Tri-Marine's Cheif Operation Officer Joe Hamby told the Western Pacific Fishery Management Council that American Samoa's tuna processing industry is struggling to compete with US suppliers because of ongoing fish shortages. Hamby said American Samoan canneries are no longer able to take advantage of selling tuna to the US market duty-free since they have limited fish supplies to process. “American Samoa’s only advantage besides duty-free access to the US market is fish supply. That advantage has been reduced and may be considered lost due to closure or reduced access to of some of American Samoa’s traditional fishing grounds,” Hamby said.

Finally, Patrice McCarron, the Executive Director of the Maine Lobstermen's Association said the Atlantic States Marine Fisheries Commission should reverse its decision on Atlantic menhaden quotas since there is overwhelming scientific evidence that shows the stocks can support higher catch limits. "When the issue of raising the menhaden quota is again brought to a vote, the Atlantic States Marine Fisheries Commission has the opportunity to reverse its flawed decision to cut the menhaden harvest," said McCarron.

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