Fri. Nov 17 2017

Trident Invests in APICDA’s Bering Pacific and Cannon Fish Subsidiaries


Giant Canadian Pension Firm Enters Seafood Industry with Purchase of Largest PEI Mussel Grower  


Russian 2017 Salmon Season Had Major Failures; New Fishing Restrictions Planned


ANALYSIS: Argentinian Pink Shrimp Will Stay in the US Market For the Long Term    


Oregon Delays Dungeness Crab Season Due to Low Meat Recovery  


Global Aquaculture Alliance CFO Jeff Fort Takes On COO Position


JD Fresh Moves 20,000 Tons of Fresh Food, Garnering Huge Success on Singles' Day  


VIDEO: EU Importers & Indian Shrimp; Maine Lobstermen; Alternative Tuna; Canadian Trade Benefits


SeafoodNews.com Summary Friday, November 17


Thu. Nov 16 2017

How Ocean Hugger Foods Is Breaking Into the Seafood Industry  


Bering Sea Pollock and Cod in Good Shape But Could Be Moving North


Chile Prolongs King Crab Season as Prices in China Rise More than 20 Percent  


California Commercial Dungeness Crab Season Opens With Dock Prices Around $3 A Pound  


China’s Fresh Food Ecommerce Changing the Equation for Air Cargo


France First Country to Put Legal Teeth Behind Claims of Supply Chain Dilligence


Moody’s Affirms Red Lobster Debt Rating, but Downgrades Outlook to Negative


Study Finds ‘Tipping Point’ That Could Change Oyster Restoration Efforts  


Young’s Seafood Launches New Shellfish Line in the UK  


SeafoodNews.com Summary Thursday, November 16


Wed. Nov 15 2017

EU Importers Already Shifting Away from Indian Shrimp Prior to EU Inspection Visit  


Latest Stock Assessment Shows 80% drop in GOA Pacific Cod ABC for 2018  


Center For Biological Diversity Takes Aim at California Dungeness Fishery With New Petition  


ADF&G Releases Bristol Bay Forecast for 2018; Harvest Predicted at 39 Million Sockeye


On the Central California Coast, Dungeness Crab Season Gets Under Way  


Euromonitor Says Fresh Fish Consumption Falling in Europe


Maine Opens Eel License Lottery for 2018 Season  


Captain D’s Data Sheds Light on Customer Base


Cermaq Announces Improvement in Fish Survival Rate for Atlantic Salmon  


Sanford Releases Annual Financial Results As They Look to the Future  


Bristol Seafood Accepts Portland, Maine’s Business of The Year Award


SeafoodNews.com Summary Wednesday, November 15


Tue. Nov 14 2017

Maine Lobster Harvesters: Don't Abandon Marketing Program Just When It is Needed (Editorial)    


Branding Fight Breaks Out as Local Community Supported Fisheries Object to FultonFishMarket.com


Tassal Backs Away from Dumping Treated Wastewater from Salmon Pens Back into Macquarie Harbour  


Pangasius Farm Gate Prices Hit Record After Rains in Mekong  


Restaurant Industry Third Quarter Earnings Report Shows Drop in Sales


Open Blue First Coba Supplier To Achieve 4-Star BAP Certification  


South Coast Cod Fishery Secures Local Jobs Over the Winter  


Australia Seafood Co-Op Working On Alternative to Planned Carp Herpes Virus Release  


SeafoodNews.com Summary Tuesday, November 14


Mon. Nov 13 2017

JD.com Gives Alibaba Competition, With $19.14 Billion Singles Day Haul and More Focus on Seafood


With Prices Lower, Japanese King Crab Buyers Still Expect Strong Competition for Supplies  


SeafoodNews.com Summary Monday, November 13


Hokkaido Port Celebrates 80 Years of Kazunoko (Herring Roe) Production, Plans Market Campaign  


Sustainable Fisheries Partnership Joins Forces With Nueva Pescanova Group


United Fishermen of Alaska Hire New Executive Director


IFFO Announces Incoming President And Full Management Board For 2018  


Fri. Nov 10 2017

SeafoodNews.com Summary Friday, November 10


Canadian Government Discussing Plans to Save North Atlantic Right Whales


Lots of Reasons to Decline Lenfest's Menhaden Reference Points, Says Beaufort Lab Scientist   


High Liner Foods Releases Third Quarter Operating Results


Chicken of the Sea Donates 380,000 Servings of Seafood For Hurricane Relief


Anti-Salmon Farming Groups Mobilize in Clallam County Washington to Oppose Cooke Salmon Expansion    


Long John Silver's Upgrading Drive-Thrus With Advanced Digital Technology


Norway Eyes Promotion of Seafood Products Other Than Salmon and Cod to Chinese Consumers  


Record Level of Kamchatka King Crab Biomass Announced by TINRO; Further Quota Increases Likely  


WWF Opposes Big Increase In Bluefin Tuna Quotas at Upcoming ICCAT Meeting  


FAO Fish Price Index Up 5.9% This Year in November 2017 Food Outlook Report


VIDEO: Walmart Seafood Sourcing; Chinese-N.Korea Seafood Ban; Frozen Fish Perception; Cod Stock


CAPMA Says 1.6 Million Tons of Seafood Imported Illegally Into China at China Fisheries Show Seminar  


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Oregon's Pink Shrimp Landings Outperform Industry Expectations But Prices Sink on Smaller Sizes

Oregon's shrimp season ended in October and landings as of September were 31.9 million pounds. The figure is down 61 percent from year-ago levels, but the decline was not surprising since the West Coast fishery is notorious for lower production in seasons that follow an El Nino year. In fact, the harvest was actually better than expected according to the Oregon Trawl Commission. However, the value of the fishery to date is about half of what it was a year ago. This is because the shrimp are smaller compared to 2015 and demand for 250-350 count product is not strong in the US market.

Major seafood distributor J.J McDonnell completed its move to a new 62,000 square foot facility in Elkridge, Maryland. The facility is more than twice the size of its previous location and features state-of-the-art cold storage technology. The facility supports a change in JJ's distribution offerings from mostly frozen fish to more fresh seafood.

In other news, Thai Union Group posted US$1 billion in third quarter sales, which was the second straight quarterly sales record for the operator. The figure represents a 7.7 percent sales increase compared to the same quarter in 2015. The increase was mostly driven by sales to the US market Thai Union said. However, Thai Union’s net income is actually down marginally in 2016 despite the record quarterly performances. This is because of declines in the company’s profit margins from higher salmon raw material costs and an unexpected increase in tuna prices.

Meanwhile, the Alaska Seafood Marketing Institute partnered with the McDowell Group to launch a project that will develop specialty seafood products that can be made from fish already commercially harvested, but which will carry market potential around the world. Staff at McDowell and ASMI will be reaching out to industry members this fall to align the list of products that will be further analyzed for market acceptance, target buyers, and provide data on price points. “ASMI and the McDowell group are working together on a trailblazing project to map out how specialty markets work, who the target consumers are, how to get products to them,” said Andy Wink, projects coordinator for McDowell.

Finally, Global Aquaculture Alliance (GAA) struck a deal with Ocean Gala Marine Resources that will increase the amount of Best Aquaculture Practices (BAP)-certified seafood exports from China reach the US and other global markets. Ocean Gala, which operates as Chang International in China, is a leading seafood processing and supply company with facilities in Kirkland, Wash. and Qingdao. The company exports wild and farmed seafood products into the European, North American, Japanese and Chinese markets.

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