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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High Global Demand for Argentine Red Shrimp Pinched Supplies, Raised Prices in 2016

High demand for Argentine red shrimp in global markets last year pinched available inventories for buyers compared to the previous year and raised the cost to replace product in the US market in 2016. Traders say global interest from the US, EU, Japan and Chinese markets for Argentina’s red shrimp last year wiped out carryover inventories from the previous year. Usually, these frozen inventories are able to fill orders between fishing seasons. Another wrinkle in production was delayed production from the inshore fishing season, which usually starts in October and runs through March. But indications are that Argentina’s inshore fishing in January and February in 2017 was a bit better compared to last year. So while there is ample evidence that 2016 was a banner year for Argentine red shrimp demand and sales in global markets; close attention will be paid to production levels going forward to see if the pace set last year can be repeated in 2017.

The EU is investigating if shrimp from India is being transshipped through Vietnam to avoid high duty rates. German Customs officials are leading the investigation after a surge of unprocessed shrimp to Vietnam from India was reported. If Vietnam is found to use India-sourced shrimp for processing and export to the EU, the bloc will raise import tariff for Vietnamese shrimp. Currently, EU duties on Vietnamese shrimp are far lower compared to duties on Indian shipments to the EU market.

In other news, the Food and Drug Administration (FDA) is refocusing its efforts to detect listeria at seafood processing, importing and distribution facilities in the US and is using Whole Genome Sequencing (WGS) technology to do so. The FDA issued a seafood warning letter to a smoked salmon producer at the end of the February that used the technology to detect listeria at its facility. “WGS is going to be an important tool moving forward in FDAs efforts to isolate and study pathogenic bacteria and consequent outbreaks. WGS refines the process of tying facilities to contaminated products and outbreaks. The FDA has refocused its attention on RTE processors, as listeria has continued to pose a serious public safety concern," said seafood facility auditor Scott Zimmerman, who is also the founder and CEO of Safe Quality Seafood Associates in Miami.

Meanwhile, Clearwater Seafoods says its clam production is 50 percent since it invested $135 million to build two new clam trawlers. The company’s inventories of clams, which account for about 15 percent of Clearwater's total revenues, grew by about $23.9 million last year, far in excess of the company’s usual level of $15 million worth of this product in inventory. “The Belle Carnell has excellent results on our fishing grounds and resulted in a 50-per-cent increase in our total clams,” Ian Smith, Clearwater Seafoods’ CEO.

Finally, SeaWatch International and some affiliates, filed a lawsuit to end laws that restrict non-New York fishing boats, and those more than 70 feet long, from New York's surf clam fishery. The suit also seeks to nullify the expiration of a 2012 law that allowed surf-clam interests to harvest the quota of more than one permit on a single boat.

Have a great weekend.

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