Thu. Mar 23 2017

Oregon Pink Shrimp Price Negotiations Canceled This Week  


Proposed Rule Will Allow Alaska Fishermen to Test New, Voluntary Electronic Monitoring


Thai Union to Work With Global Brands and Retailers to Address Human Trafficking in Supply Chain


Worldwide Industry, NGOs Advocate for Policy Changes in Tuna Fisheries in 2017


Wed. Mar 22 2017

Sakhalin Officials Arrested For Allowing IUU Russian Crab to Flow to China  


GAA, MultiExport Foods and Mitsui Sign Initiative to reduce SRS Salmon Disease in Chile  


SFP Announces Merger of Two Major Squid FIP Monitoring Groups in South America and Asia  


Western Pacific Council to Tackle Management in Papahanaumokuakea Marine National Monument


Seafood.com News Summary Wednesday, March 22, 2017


Tue. Mar 21 2017

Boston Show Upbeat Again this Year as Footprint Expands


Sitka Herring Roe Fleet Catches 25 Percent of GHL in Three Hours


Fishpeople Seafood and Open Blue Win Seafood Excellence Awards at Boston Show


Mariner Seafood Prepared for Retail Distribution of GO WILD Brand That Extends Fresh Shelf Life


SeaWeb Names 16 Finalists for 2017 Seafood Champion Awards


Seafood.com News Summary Tuesday, March 21, 2017


Mon. Mar 20 2017

SeaWatch Launches Foodservice Line of Frozen Soups; Expands to Retail in Partnership with Bar Harbor  


GAA Signs Agreement for Major Chinese E-Commerce Retailer JD.com to Distribute BAP Certified Seafood


Mike Tourkistas Steps Down from CEO Role as East Coast Seafoods Hires New CEO  


Preferred Freezers Will Open Facilities in Texas, Chicago this Year; to Build Ninth NJ/NY Warehouse


OCI Announces Project to Move Canadian Redfish towards MSC Requirements  


Vons Albertsons, Hannaford Retailers Will Carry Bristol Seafood's Fair Trade USA Certified Scallops  


Raw Seafoods Hires Former "Boston Chef of the Year" Walter Zuromski as Director of R&D


San Diego's Catalina Offshore Products Launches Domestically Caught Hook and Line Canned Tuna


Anomalous 2015 Ocean Conditions May Bode Poorly for West Coast Juvenile Chinook Salmon Survival  


Seafood.com News Summary Monday, March 20, 2017


Fri. Mar 17 2017

NGO’s Stumble at Start of Boston Seafood Show with Call for Mexican Shrimp Boycott   (1) 


Russian Crab Importer Direct Source Raises $45 Million Credit Line, Absorbs Sister Company  


Lobsters 2nd Largest Volume Import at Zhengzhou Airport as Expanded Air Cargo Capacity Continues  


Lerøy Seafood Group Objects to Norwegian Restructuring That Will Cost it 20% of Its Cod Quota  


Whitecap Will Celebrate 50 Years of Luxury Brand Canadian Crab at Boston, Brussels and China Shows


Russian Fishing Industry Faces More Consolidation as Companies Prepare for 10 Year Quota Auctions  


PODCAST: Pangasius Under Attack in the EU and the Road to the Boston Seafood Show


Commentator Gives up In Confusion Over Sustainable Fish Guides; Just a Personal Choice, She Says


NOAA Wants More At Sea Monitoring of Groundfish in New England


Japanese Fish Sellers Adapt to Changing Market with More Prepared Items, Different Species of Fish


Oregon State Study Says Workplace Injuries Rising in Seafood Processing Sector


Seafood.com News Summary Friday, March 17, 2017


Thu. Mar 16 2017

Seal Predation Seen Impacting Snow Crab Stocks in Newfoundland  


Alaska's Salmon Hatchery Production Fell Far Short of Forecast in 2016 (Fish Radio)   (1) 


VIDEO: Alfa Gamma Seafood and Seattle Fish Company Oppose Proposed Border Tax


Crabmeat Importer Blue Star Implments Cloud-Based Supply Chain Tracking for Indonesian Blue Crab  


Whole Foods' New Canned Tuna Policy: Only Pole-and-Line, Troll, or Handline Caught Tuna By 2018


Stavis Seafoods Names Retail Veteran Chuck Marble President


Australia Quarantines Shellfish in Moreton Bay to Combat Spread of Whitespot Disease  


NMFS Sets 16 Percent Observer Coverage Level for NE Groundfish Sector for 2017  


Plea Hearing for Carlos Rafael Delayed to March 30, 2017


Fish 2.0 2017 Competition Opens West Coast Track with Investment Event in Seattle


Seafood.com News Summary Thursday March 16, 2017


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Banks Closer to Forcing Pacific Andes Liquidation with Court Win in British Virgin Islands

Banks who are major creditors of Pacific Andes are one step closer to winning liquidation of the company, after a judge ruled in their favor in the British Virgin Islands (BVI). The BVI Commercial Court ordered the appointment of liquidators over Pacific Andes Enterprises Limited, Parkmond Group Limited, and PARD Trade Limited, three BVI incorporated companies that form a key part of the China Fishery Group. The applications were unsuccessfully contested on the principal ground that the appointment of liquidators would irretrievably damage the prospects of a wider, global restructuring of the Pacific Andes Group.

An investment group concluded that Northern Dynasty's Pebble mining deposit in Alaska is not commercially viable. "Mining it would require so much upfront investment that it would actually destroy value," said Kerrisdale Capital in its analysis of Northern Dynasty's assets. The analysis goes a step further and says Northern Dynasty attempted to hide the real value of the assets from the public. "Kerrisdale believes Northern Dynasty’s former partners concluded that the Pebble project had a negative present value – an assessment that Northern Dynasty has spent years trying to conceal from public," the firm said.

In other news, the Russian Fishery Co. plans to significantly expand pollock production volumes, yet its plan, backed by China, may run into opposition from state agencies. Russian Fishery's expansion plan includes a $50-$60 million proposal to expand its fishing fleet with the construction of six factory trawlers. Russian Fishery would rely on a loan from Chinese investors and overseas shipyards to build the boats. But this runs counter to a federal plan that awards catch quotas to operators that commit to using domestic resources to expand the Russian fishing industry.

Meanwhile, we run an Editorial published by the Daily Astorian in Oregon that slams state Governor Kate Brown's intention to squash an agreement that allows for the use of gillnets to commercially harvest some salmon on the Columbia River. "Yes, all Oregonians want recreational fishing to prosper. But by rejecting any compromise on behalf of hardworking commercial fishermen, Brown places herself solidly against jobs for struggling rural voters," the Astorian said.

Finally, Krystal is bringing back Shrimp Po’ Boy sandwiches for the Lenten season in partnership with King & Prince Seafood. The burger chain will feature the fried shrimp sandwiches on its menu in a $5 meal deal. The shrimp can also be ordered by the basket. "Krystal and Shrimp ring nicely together," said Mike Tigani, Director of Marketing for King & Prince Seafood. "We are humbled to be working with a company that prides themselves on the same Southern culture and great food we at King & Prince do."

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