Fri. Aug 18 2017

StarKist Samoa Cannery to Shut Down Due to Fish Shortages


Russian Crab Producers Say Production is Now at Highest Sustainable Levels, Consolodation is Next  


ANALYSIS: Gulf Oyster Gallon Meat Prices Spike  


Norwegian Seafood Exports to China Show Dramatic Rise  


Tally’s New Zealand Gets its Purse Seine Skipjack Certified by MSC


Researchers Discover Reason for Deafness in Farmed Salmon  


West Coast Scientists, Industry Collaborate on Sardine Survey  


Marine Biologist Hopes to Solve Mystery of Blue King Crab Population Flatline in Pribilof Islands  


Aquamar and LM Foods Create New Platform In Surimi Seafood Market


VIDEO: Seafood Plant Fire; Joe’s Crab Shacks Closed; High Liner CEO; Maxfield Sues; Seafood Meal Kit


Liberty Seafoods Names Greer Vest as Director of National Accounts


Columbia Pacific Heritage Museum in Washington Hosts Exhibit On Early Years of Salmon Derbies  


SeafoodNews.com Summary Friday, August 18


Thu. Aug 17 2017

ANALYSIS: Atlantic Salmon Frozen Fillets and Portions also under Downward Pricing Pressure  


Northern California Petitions for More Squid Permits  


COLTO Responds Forcefully to Baseless Amazon Petition Asking to Ban Sale of Toothfish  


ANALYSIS: Imports of Mexican Shrimp  


Danish Fish Scandal Hints at illegal Quota Manipulations Going Back Years


GAA and Fishin’ Company Partner to Promote Positive Aspects Of Aquaculture Industry  


Striped Bass Being Caught in Labrador Which is Far Beyond their Normal Range  


Annual Fishing Ban in South China Sea Lifted


SeafoodNews.com Summary Thursday, August 17


Wed. Aug 16 2017

High Liner Will be Looking for New CEO Says Henry Demone


Prices Drop as Sick Shrimp in China Flood the Market Again -- Except in Guangxi  


Southeast Alaska Dungeness Fall Season Reduced to One Month  


NOAA Endorses Eating Small Haddock — But What About Cod?  


Canada Announces Largest Marine Protected Area in High Arctic


Midwest Supermarket Chain Hy-Vee Offering 100% Responsibly Sourced Fresh and Frozen Seafood  


Sea Pact Announces 2017 Request for Grant Proposals


Oregon Dungeness Crab Commission Looking to Fill Staff Position  


Calysta Trial Reveals FeedKind Protein Could Replace Fishmeal in Shrimp Feed  


Washington Governor Appointments Former PFMC Director to Fish and Wildlife Commission  


As right whales move into Gulf of St. Lawrence Protection Creates Dilemma for Canadian Gov’t


Cargill Survey Reveals U.S. Consumers are Willing To Spend Extra for Sustainable Seafood  


SeafoodNews.com Summary Wednesday, August 16


Tue. Aug 15 2017

Henry Demone Returns as CEO of High Liner Foods, Effective Immediately, As Company Stumbles in 1st Q


Boston Seafood Hall of Fame Inducts GAA Executive Director Wally Stevens


Trū Shrimp Company, Schwan’s Company Enter into Partnership to Provide Safe, Natural Shrimp  


West Coast Groundfish Marketing Group Hires Jana Hennig as Director  


ANALYSIS: Shrimp Imports Continue to Soar  


Aquaculture Could Satisfy Global Seafood Demand Using Ocean Space the Size of Lake Michigan


North Atlantic Traders President Seeking Attorney Fees After Being Cleared of NOAA Bluefin Charges  


Cooke Again Faces Local Opposition to Potential Salmon Hatchery in Nova Scotia  


NMFS Institutes More Swordfish Research Off Florida, Praised by EDF  


"Inefficient" Methods of Fishing is Keeping a Cornish Oyster Fishery in Business  


Urner Barry Wraps Up 2017 Intern Program


SeafoodNews.com Summary Tuesday, August 15


Mon. Aug 14 2017

Stronger Canadian Dollar Creating Standoff Over Falling Shore Lobster Prices in New Brunswick   (0) 


Maxfield Seafood Sues Freight Co. Over Theft of $318,00 Load of Frozen Lobster from Boston  


Diana Evans New Deputy Director at North Pacific Fisheries Council


SeafoodNews.com Summary Monday, August 14


Seattle's Fancy Canned Fish Restaurant Lands RealNetworks CEO as Investor  


Western Pacific Council Wrestling with Cultural, Commercial Fishing Definitions in Monuments  


Dubai Seafex Show Highlights Growth of Seafood Consumption in Middle East


Norwegian Salmon Titan Gustav Witzoe Concerned Over Cost of Sea Lice Control  


Added-value Seafood Products Will be the Rising Star of Guolian  


Guolian Supports E-commerce Companies to Find Solutions to Online Seafood Sales Problems  


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Bristol Bay Red King Crab Season Nearly Wrapped Up With Just 3 Million Lbs To Go 

Red king crab fishermen operating in Bristol Bay have landed 5.6 million pounds of their quota since the season started on October 15. There are now just about 3 million pounds of the quota left. Fishermen say the pace of landings has been quick this season and that the crabs have been large. Fishermen expect to catch the remaining Bristol Bay quota by December.

High Liner Foods will invest $13 million to upgrade its seafood processing plant in Lunenburg, Nova Scotia and relocate production operations currently housed at two idle plants in Massachusetts to the revamped site. The move is part of High Liner's plan to streamline production efficiencies across the company. "We could process more profitability in Lunenburg and ship it to the United States," High Liner CFO Paul Jewer said Tuesday in a keynote address to the Atlantic Provinces Economics Council. Jewer said High Liner is also closely monitoring the rebuilding of Newfoundland's cod stock, which could offer the company another product to bring to the market in another few years. "It's in the near term. We would hope in the next five years we would have an opportunity to buy great product from the oceans that we used to catch product from," Jewer said.

In other news, Moody's Investors Service warned that the restaurant recession in the US market has arrived after it slashed its operating-profit growth forecast for the sector and revised its outlook to stable from positive. “Consumers are wrestling with higher nondiscretionary spending needs, while restaurant companies face higher operating costs, predominantly labor and challenged traffic trends,” Moody’s analyst Bill Fahy wrote in a note. Those comments followed a string of downbeat earnings from the sector, with the likes of Sonic Corp, Burger King parent Restaurant Brands International Inc. and Chipotle Mexican Grill Inc. reporting declines in same-restaurant sales.

Meanwhile, Walmart joined an antitrust lawsuit this week that accuses Bumble Bee, Starkist and Chicken of the Sea of conspiring to fix canned tuna prices in the US market. The lawsuit alleges that the big three tuna brands started the scheme sometime between 2008 and 2010 and ended it in July 2015. Walmart says the conspiracy violates the Sherman Act since they were unlawfully overcharged for tuna products."Defendants possessed significant market power to raise prices for packaged tuna above competitive levels in the United States with a combined market share of 80-85 percent during 2003-2015, and they conspired to ensure they would stabilize and maintain their market shares in the packaged tuna market despite declining demand," Walmart said in the complaint.

Finally, Marine Harvest posted record earnings in the third quarter as its Chilean operation showed signs of profitability for the first time in two years. Marine Harvest said the favorable earnings performance was the result of high wholesale market prices and global demand for more limited supplies. This is the first time since 2014 that Marine Harvest’s Chilean operation posted profitability. It confirms a report from Rabobank last week that said the Chilean farmed salmon industry has turned the corner and is once again profitable. “It is especially encouraging to see that our business unit in Chile delivers positive earnings after many quarters with negative results,” said Marine Harvest CEO Alf-Helge Aarskog.

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