Tue. Jul 25 2017

Former Pacific Seafood Executive Sentenced for Embezzlement


Louisiana Shrimp Landings Lowest in 10 Years Due to Dead Zone Becoming More of a Problem


MSA Reauthorization Fault Lines on Recreation and Stock Target Flexibility Exposed in House Hearing


Court Battle over Placentia Bay Salmon Farm Could Scare Off Future Investors, Says Marystown Mayor


Guolian’s Net Profit Expected to Balloon by 700% or More in First Half of 2017  


Pacifico First Company to Raise Salt Water Striped Bass, Gets 4 Star BAP Rating


Alibaba Joins Argentina's Ocean Family to Bring Fresh Red Shrimp to Chinese E-commerce Consumers  


Domestic Red Crayfish is a Big Success for Chinese E-commerce Platforms  


ISFF Seeks to Strengthen Tuna Conservation Efforts at IAATC


National Fisheries Institute Introduces Unique and Easy Summer Shrimp Recipes


Mon. Jul 24 2017

Stavis Seafoods to Greatly Expand West Coast Distribution with Partnership with R.W. Zant


Russian Fish Co. to Expand Sales of Single Frozen Pollock to Domestic Market, Citing Weakness in EU  


Increasing Shortage of Vietnam Basa Could Lead to Higher Prices Later This Year  


Shanghai Crayfish Season at its Peak; Prices Have Skyrocketed Over Last Decade  


UFA Turns to Text Messaging to Build Fisherman Support for Alaska Salmon Habitat Measures


Summa Equity Acquires 75 Percent of Salmon Smoker Milarex  


Summa Equity Acquires 75 Percent of Salmon Smoker Milarex  


Seafood.com News Summary Monday July 24, 2017


Fri. Jul 21 2017

ANALYSIS: Shrimp Market an Island of Stability in Shellfish Sector  


ANALYSIS: Imported Mahi Mahi Prices Remain Near Record High Levels Amid Limited Production  


NOAA Locates Crabber F/V Destination Wreckage; Coast Guard Hearing Set for August


New President of B.C. Wildlife Federation Aims for Stability


Clean Seas Seafood Rebrands and Launches New Kingfish Campaign


Senators Collins, King Introduce Resolution to Designate September 25, 2017, as National Lobster Day


Australian Heard and McDonald Islands Toothfish Fishery is Recertified Under MSC  


Seafood.com News Summary Friday, July 21, 2017


Thu. Jul 20 2017

ANALYSIS: Chilean Market Continues to Weaken to Levels Now Below 2016  


West Coast Dungeness Crab Season: Rocky Start, Good Markets, High Value  


BlueOcean Expanding Market for Pure Polar Shrimp Oil  


VIDEO: Trident Seafoods Value; Bakkafrost Bacteria Outbreak; UK Seafood Fraud


Canadian Fisheries Puts $8.9 Million in Upgrade, Expansion of St. Andrews Biological Station in NB


High Quality Shrimp Breeding Farm Set Up in Mekong Delta


Seafood.com News Summary Thursday July 20, 2017


Wed. Jul 19 2017

Bakkafrost Shuts Down Salmon Harvesting Due to Listeria; Market to be Short Large Fish


UK Sushi Bars Accused of Mislabeling Some Seafood, but Not as Much as US   (0)


New Study Quantifies Impact of Different Types of Bottom Trawls on Seabed Ecosystem  


Global Salmon Initiative Strengthens Global Presence with Acceptance of Four New Members  


China Research Vessel Leaves Tomorrow for First Circumnavigation of Arctic Rim


Chicago Tastemakers Meet Maine's Most Iconic Seafood: Lobster  


Live Canadian Geoducks Arrive at New Airport Clearance Site in Qingdao For First Time  


Seafood.com News Summary Wednesday July 19, 2017


Tue. Jul 18 2017

Bristol Bay Run Exceeds 50M, Catch Over 33M, Season Not Over Yet  


Seafood.com News Summary Tuesday July 18, 2017


Fish Oil Group Launches Improved Standard in Marine Ingredient Industry  


Gulf Reef Fishermen Support Conservationists Lawsuit Against NOAA Fisheries on Red Snapper  


Japan Claims China Exceeded International Management Measures for Mackerel  


Chinese Mainland Demand for Crayfish is High; Industry Employs 5 Million  


Russian Salmon Season off to Strong Start; up 30-40% Over 2015  


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No Agreement on Oregon Crab Price; Domoic Acid Test Results Imminent 

Oregon fishermen and processors met Nov. 16 and 17 during state-monitored price negotiations but came away with no resolution writes Susan Chambers. There was some concern about the meat quality test results from the Astoria area that showed crab weren't quite mature. It was unclear whether crab from that area would mature in time for a Dec. 1 opening. Another meeting is planned for this week. Meanwhile, California fishermen report the central California fishery around Sn Francisco is going well, with an ex-vessel price of around $3 a pound since the season opened on Nov. 15. Some reported a significant drop in productivity after the first pull, but some of the larger vessels made only one delivery as of Sunday, Nov. 20.

South Korea plans to significantly increase the volume of pollock imports from Russia in the coming years, according to recent statements of the Russian Pollock Association. South Korea has faced with a shortage of pollock, caused by a significant decline of its stocks in the Sea of Japan and the reduction of supplies from Japan. Soth Korea's pollock supplies also took a hit because of reduced fishing quotas for South Korean fisherman that were operating in Russian waters.

In other news, Chinese e-commerce retailers battled over market share for seafood sales during China's annual "Singles Day" sales event. The day is known for generating some of the highest sales figures for online retailers in China each year. This includes more seafood sales for JD Fresh and Alibaba, two operators that are now competing to sell and deliver more fresh seafood directly to consumers. Alibaba recently invested several million dollars in Gfresh's online platform while JD Fresh announced a deal to distribute Canadian seafood products directly to Chinese consumers.

Meanwhile, the Pacific Seafood Processors Association has hired Kristine D. Lynch, PhD to replace Dennis Phelan who is retiring after 32 years as Vice President for government relations in Washington, DC. “I’m incredibly honored to be able to work in the Alaskan seafood industry,” Lynch said. “PSPA has a long, proud tradition of bringing value to its members, and I’m fully committed to advancing that goal through effective engagements and collaboration in Washington, DC."

Finally, Ocean Choice International has secured a refinancing loan through a deal orchestrated by Antarctica Advisors. The deal ends a multi-year attempt by the Newfoundland-based seafood processor to refinance its debt. "This transaction is an important milestone for the future of OCI as a leading global seafood supplier. The company has now secured a flexible capital structure that will allow OCI to continue to grow and develop our operations for the benefit of all stakeholders, including our customers, our employees and the communities in which we operate," said Martin Sullivan, the CEO of OCI.

We've produced a new podcast today that can be downloaded or streamed to iPhone and Andriod mobile devices through iTunesGoogle Play or SoundCloud. Today's show recaps some of last week's top news stories, feedback is welcome on the content. 

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