Tue. Apr 25 2017

Newfoundland Price Panel Sets Cold-Water Shrimp Minimum Price at $0.95  


Nissui and its Alaskan Subsidiary Unisea Partner with GSSI; Giant Eagle Backs Scheme


New Brunswick Snow Crab Fishery Opening Today  


Gulf Shrimp Landings in Q1 About Even with Last Year; Market Waits for New Season Production  


Togiak Update: Aerial Surveys Are Underway, No Sign of Herring Yet


VIDEO: Seats Still Open for Urner Barry's Seafood Import Workshop on May 23 in Miami


MSC Celebrates 20th Anniversary with Goal to Certify or Engage 1/3 Global Marine Catch by 2030


Seafood.com News Summary Tuesday April 25, 2017


Mon. Apr 24 2017

Cautious Optimism About Recovery of Canada's Northern Cod Stocks Noted During Meeting in Brussels  


Newfoundland's Fisheries Minister Supports $14 Million Federal Commitment to Study Cod Stocks  


About 500 Walmart Stores in Midwest Market to Carry The Salmon Man's Norwegian Salmon Portions  


Marine Harvest Canada Selects Poseidon Ocean Systems to Build 29 Salmon Pens Around Vancouver Island  


VIDEO: Gulf of St. Lawrence Snow Crab Quota Beats Expectations; European Whole Salmon Floods US  


Vietnam Fails to Score Big in Egyptian Fish Market


Southeastern Grocers, Pole-and-Line Foundation Join in Retail Effort  


Panera to Hire 10,000 as it Expands Delivery Service


Seafood.com News Summary Monday April 24, 2017


Fri. Apr 21 2017

NMFS Put Councils on Notice About Overfishing or Overfished Conditions on Bigeye, Four Other Stocks


Icelandic Group Puts Major UK Seafood Distributor Seachill Up For Sale


Russian Pollock Producers Plan to Grow Exports to EU Market 40% by 2019  


Newfoundland Fisherman Continues Hunger Strike Protest After Call From Minister


Westward Seafoods Settles with EPA Over Clean Air Act Violations


Seafood.com News Summary Friday April 21, 2017


Thu. Apr 20 2017

PWS Pink and Chum Salmon Get Determination of MSC Sustainability Prior to Public Objection Period  


Greenpeace Tuna Ranking Charade a Market Opportunity for Some Retailers Not a Sustainability Advance  


Scientists Spawn Pacific Sardines In Captivity; Results Could Inform Potential for Good Fishing  


Peru Hikes Anchovy Quota 1 Million Metric Tons With Season Set to Start on April 22  


Chesapeake Bay's Spawning Female Blue Crab Stocks at Highest Level in 28 Years   (0) 


Marine Harvest's Q1 Production Falls 13% in 2017 But Earnings Double from a Year Ago  


Feds Close Flatfish, Rockfish, Sablefish Trawling in Gulf of Alaska 2 Weeks Earlier Than Last Year


American Shrimp Processors Assoc. Backs "Buy American" Executive Order  


Portion of Kodiak Sac Roe Herring Fishery Temporarily Shut Down for Lack of Fish  


Seafood.com News Summary Thursday April 20, 2017


Wed. Apr 19 2017

European Whole Salmon Floods US and Cuts into Canada's Market Share  


West Coast EFP Successfully Targets Pelagic Rockfish with Minimal Bycatch


Russia Squeezed by High Salmon Prices as Chilean Companies Cut Back Shipments  


Letters: Laitram Says Steam Cookers Catching on In NB Crab Industry with Quality Advantages  


VIDEO: Gulf of St. Lawrence Snow Crab Quotas Announced  


Seafood.com News Summary Wednesday April 19, 2017


Tue. Apr 18 2017

Japanese Crab Negotiations with Newfoundland Full of Uncertainty  


Seafood.com News Summary Tuesday April 18, 2017


NFI's Shrimp Council Partners with Popular Food Blogger Chungah Rhee to Promote Shrimp Consumption  


Kroger Backs WWF with $50,000 Donation as Part of Earth Month Sustainability Campaign


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Chicken of the Frozen Foods Enters Scallop Business in Marketing Deal with Northern Wind

Chicken of the Sea Frozen Foods (COSFF) will enter the scallop business after the major distributor announced a marketing agreement with Massachusetts-based Northern Wind. According to the agreement the companies will work together to provide customers with high quality, responsibly sourced frozen scallops. “We are excited about the opportunity to combine Northern Wind’s expertise and sustainability footprint with our distribution network. The two companies are well positioned to further develop this important category,” said Bryan Rosenberg, CEO of Chicken of the Sea Frozen Foods.

The first round of monthly shrimp imports figures of 2017 showed continued strength in shipments from India and Indonesia. As of January, total US shrimp imports were up 2.2 percent compared to last January. Indian shrimp imports continue to fuel the US market and were higher from historical monthly averages. Indonesian production, meanwhile, is generally stronger this time of the year compared to other major US suppliers and shipments were up 12 percent. Imports from many key US suppliers were down in January.

Meanwhile, Alaskan red king crab from Bristol Bay has fetched the highest price ever for fishermen according to reports. Meanwhile, Bering Sea snow crab prices are also at unprecedented levels.

In other news, the Russian Fishery Company, one of Russia’s largest fish producers, is considering acquiring the assets to major Russian pollock producer Dalmore in a deal valued at $150 million. Negotiations between the sides are currently underway. If finalized, the deal will allow Russian Fishery Company to increase its pollock catch by more than 20 percent.

Finally, India's shrimp feed and shrimp producer Avanti has entered into a joint venture with Thai Union. Avanti's Chairman and Managing Director, Alluri Indra Kumar has plans to increase the company's revenue share of shrimp exports to about 40 percent of the business by 2020. Currently, the revenue breakdown between Avanti's shrimp export and shrimp feed is 15 percent and 85 percent respectively.

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