Wed. Apr 25 2018

China’s JD.com Commits to BAP at Seafood Expo Global


Open Blue Cobia Sashimi Fillet Wins Seafood Excellence Award At Seafood Expo Global  


U.S. Coast Guard, Good Samaritans Rescue Crew From F/V Midori After Fire Off California Coast


Scottish Seafood Delegation Casts a Wide Net at Brussels Seafood Expo Global


High Liner Named Most Trusted Frozen Fish Brand By Canadian Shoppers


Togiak Herring Underway; Bait Herring Could Be A Better Fishery  


Turkey’s Luckyfish Co. First to Offer 4-Star BAP Mediterranean Sea Bass and Sea Bream  


SeafoodNews.com Summary Wednesday, April 25


Tue. Apr 24 2018

The Global Aquaculture Alliance Moves to Wild Caught Seafood with Its New Partnership with SeaFish


NOAA Confirms Shrimp and Abalone to Be Included in SIMP by December 31    


Mazzetta Latest Company to Join GSSI


Seafood News Podcast: Supreme Crab's Mark Laubner Talks Bobby Flay; Plus 2018 Scallop Plan and More  


ADF&G Gets Small Budget Boost for FY 19  


Daley Bros. Criticized for Failure to Tell Province They Won't Open Trinity Bay Crab Plant


ASC Farmer’s Survey Reveals Benefits of Certification


Sodexo Recommends Students Eat Fish High in Omega-3 Fatty Acids During Finals Season


AFT Holdings Withdraws Investments From U.S. Tuna Fleet


Two Alaska Commercial Fishermen Charged With Harassing, Killing Steller Sea Lions


Live Atlantic Salmon Available in Yantai of Shandong Thanks to Oriental Ocean's Aquaculture  


Australia’s National Measurement Institute Clarifies Policy on Net Weight of Frozen Seafood


Red Lobster Announces New Dishes For Create Your Own Shrimp Trios Event  


Rhode Island Fishing Industry Releases 'Blueprint for Resilience'


Norwegian Salmon Producer Hofseth Invests in BAADER Production Line


SeafoodNews.com Summary Tuesday, April 24


Mon. Apr 23 2018

On Eve of Brussels Show, Russian Pollock Producers Promise Market War in Europe  


Supreme Crab & Seafood Executive Chef Mark Laubner Tells All About His "Beat Bobby Flay" Episode


Northern Cod Fisheries Improvement Project to Aid in Understanding of Stock Components  


DFO announces Newfoundland Shrimp Quotas with further cut in Area 6  


Upper Cook Inlet’s Commercial Herring, Smelt Fisheries Pay Big Bucks to Fishermen  


Guangxi Designates Trains to Deliver Seafood from ASEAN Countries to Northern China  


Oregon Sens. Wyden, Merkley Call on Administration to Maintain Funding for Sea Grant Programs


CDFW Opens More Northern Area to Rock Crab Fishing in California  


Another Study Shows How Eating Fish Supports Brain Health, Prevents Parkinson's


Hunchun City Develops Seafood Resources to Become Distribution Hub for NE Asia  


Research Models How Deadly Virus Moves Among Columbia River Salmon, Trout  


SeafoodNews.com Summary Monday, April 23


Fri. Apr 20 2018

Coastal Villages Fund Sponsors New Report to Reopen Question of Fish Allocations Among CDQ Groups


Jackie Ventola Attorneys Claim Jail Sentence Would Lead to Demise of National Fish


A Short History of National Fish and Seafood, as Described by Jack Ventola Attorneys


China, Norway Work On Better Seafood Trade Relations, More Direct Flights  


VIDEO: British Sustainable Seafood; Houston Restaurants Caught; Norovirus Outbreak; Scallop Plan


SeafoodNews.com Summary Friday, April 20


Portion of Louisiana Offshore Waters Opening April 24 For Shrimp Season  


Florida Keys 'Who Caught It?' Campaign Aims to Stop Seafood Fraud


South Australian Sardine Fishery Begins Assessment For MSC Certification  


Norwegian Government Rejects Marine Harvest's Cargo Ship Fish Farm Concept  


Earth Day: What's Trashing Our Oceans?


Norwegian Seafood Council Launches "Seafood From Norway" Quality Logo  


Thu. Apr 19 2018

SeafoodNews.com Summary Thursday, April 19


NOAA Gives Final Approval to 2018 Scallop Plan Which Will Result in 60 Million Lb. Harvest  


New ISSF Report Gives Tuna Purse Seine Fleet Recipe For Becoming MSC Certified


Novia Scotia Lobstermen Seeking Response From DFO on Industry-Led By-Catch Monitoring Program  


Hawaiian Businesses Could Lose Billfish Sales to Mainland Under Proposed Federal Bill  


Opinions Far Apart on Upcoming Newfoundland Northern Cod Quota; With Decision Up to Minister  


Herring and Smelt Fisheries at Cook Inlet Fetch Nice Prices  


NFI Red Crab Council Implementing First FIP in China Thanks to New MoU With CAPPMA, O2


Newfoundland Keeps its Lobster Price Formula for Another Year, in Victory for Harvesters  


UK Aldi's Offer Largest Percentage of Sustainable Seafood


Ice Still Holding up Crab Fishery Around PEI and New Brunswick  


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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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