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  


ISSF Seeks to Strengthen Tuna Conservation Efforts at IAATC


National Fisheries Institute Introduces Unique and Easy Summer Shrimp Recipes


Seafood.com News Summary Tuesday July 25, 2017


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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US, Chinese Demand Sends Maine Lobster Values to Record Levels as Landings Top 130 Million Lbs 

According to data from Maine’s Department of Natural Resources, the value of the state’s lobster landings in 2016 topped $500 million. The figure was up nearly $30 million from 2015 and a new record. The state's lobster landings in 2016 were also record-setting at 130 million pounds. At the same time, Urner Barry prices for lobster meat and live lobsters reached record levels in 2016. This is the result of high restaurant demand for lobster meat in the US market and a surge in North American live lobster sales to China.

Both U.S. and Canadian whiting industries will enjoy a higher total allowable catch of Pacific hake in 2017. The key drivers for the higher TACs are strong 2010 and 2014 year classes, according to the stock assessment. The assessment also noted those classes should drive the fishery for the next few years. This year's high TAC is still far shy of the potential of almost 970,000 mt that could be harvested while keeping the stock healthy writes Susan Chambers.

In other news, the long-awaited word arrived from both the State Department and the Commerce Department late yesterday that the Pacific halibut season would open on time this year. “On behalf of the Secretary of State, after consulting with and obtaining the concurrence of the Department of Commerce, I accept on behalf of the United States all of the recommendations proposed by the International Pacific Halibut Commission for the 2017 Pacific Halibut fishery....," said State Department Assistant Secretary Judith Garber.

Meanwhile, Cooke Aquaculture CEO Glenn Cooke said Alaska's wild salmon sales can flourish now that Icicle Seafoods' is under the umbrella of Cooke's operations. “I believe the Alaskan wild salmon has an incredible place in the marketplace,” Cooke said. “It’s a product that needs to be promoted. It needs to get huge coverage. The product is an incredible product and should be respected as that in the marketplace and we plan on doing that as a company. We believe the wild salmon has its niche. And we believe with working together with the farm product on the side enables us to be able to position that right with the retailers so they can get the premium and the benefit of what the wild should bring.”

Finally, Sino Agro Food a China-based investment company focused on protein foods, including seafood and cattle, carved out Tri-way Industries Ltd., the holder of enzyme technology master license for manufacturing of livestock feed and bio-organic fertilizer. The purpose for the carve-out is to provide Tri-way a means toward capitalizing on market conditions that currently support entities with strong aquaculture focus. For SIAF, that means becoming a 'solutions destination,’ supporting a wide range of agriculture endeavors through the delivery of value-added technology and world-class operations," said Solomon Lee, chairman and CEO of SIAF.

And for those that didn't get a chance to attend Urner Barry's Seafood Import Workshop held this week at Urner Barry's headquarters in New Jersey check out our Weekly Roundup Show for some video and pictures out of the event. 

Have a great weekend.

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