Fri. Nov 17 2017

Trident Invests in APICDA’s Bering Pacific and Cannon Fish Subsidiaries


Giant Canadian Pension Firm Enters Seafood Industry with Purchase of Largest PEI Mussel Grower  


Russian 2017 Salmon Season Had Major Failures; New Fishing Restrictions Planned


ANALYSIS: Argentinian Pink Shrimp Will Stay in the US Market For the Long Term    


Oregon Delays Dungeness Crab Season Due to Low Meat Recovery  


Global Aquaculture Alliance CFO Jeff Fort Takes On COO Position


JD Fresh Moves 20,000 Tons of Fresh Food, Garnering Huge Success on Singles' Day  


VIDEO: EU Importers & Indian Shrimp; Maine Lobstermen; Alternative Tuna; Canadian Trade Benefits


SeafoodNews.com Summary Friday, November 17


Thu. Nov 16 2017

How Ocean Hugger Foods Is Breaking Into the Seafood Industry  


Bering Sea Pollock and Cod in Good Shape But Could Be Moving North


Chile Prolongs King Crab Season as Prices in China Rise More than 20 Percent  


California Commercial Dungeness Crab Season Opens With Dock Prices Around $3 A Pound  


China’s Fresh Food Ecommerce Changing the Equation for Air Cargo


France First Country to Put Legal Teeth Behind Claims of Supply Chain Dilligence


Moody’s Affirms Red Lobster Debt Rating, but Downgrades Outlook to Negative


Study Finds ‘Tipping Point’ That Could Change Oyster Restoration Efforts  


Young’s Seafood Launches New Shellfish Line in the UK  


SeafoodNews.com Summary Thursday, November 16


Wed. Nov 15 2017

EU Importers Already Shifting Away from Indian Shrimp Prior to EU Inspection Visit  


Latest Stock Assessment Shows 80% drop in GOA Pacific Cod ABC for 2018  


Center For Biological Diversity Takes Aim at California Dungeness Fishery With New Petition  


ADF&G Releases Bristol Bay Forecast for 2018; Harvest Predicted at 39 Million Sockeye


On the Central California Coast, Dungeness Crab Season Gets Under Way  


Euromonitor Says Fresh Fish Consumption Falling in Europe


Maine Opens Eel License Lottery for 2018 Season  


Captain D’s Data Sheds Light on Customer Base


Cermaq Announces Improvement in Fish Survival Rate for Atlantic Salmon  


Sanford Releases Annual Financial Results As They Look to the Future  


Bristol Seafood Accepts Portland, Maine’s Business of The Year Award


SeafoodNews.com Summary Wednesday, November 15


Tue. Nov 14 2017

Maine Lobster Harvesters: Don't Abandon Marketing Program Just When It is Needed (Editorial)    


Branding Fight Breaks Out as Local Community Supported Fisheries Object to FultonFishMarket.com


Tassal Backs Away from Dumping Treated Wastewater from Salmon Pens Back into Macquarie Harbour  


Pangasius Farm Gate Prices Hit Record After Rains in Mekong  


Restaurant Industry Third Quarter Earnings Report Shows Drop in Sales


Open Blue First Coba Supplier To Achieve 4-Star BAP Certification  


South Coast Cod Fishery Secures Local Jobs Over the Winter  


Australia Seafood Co-Op Working On Alternative to Planned Carp Herpes Virus Release  


SeafoodNews.com Summary Tuesday, November 14


Mon. Nov 13 2017

JD.com Gives Alibaba Competition, With $19.14 Billion Singles Day Haul and More Focus on Seafood


With Prices Lower, Japanese King Crab Buyers Still Expect Strong Competition for Supplies  


SeafoodNews.com Summary Monday, November 13


Hokkaido Port Celebrates 80 Years of Kazunoko (Herring Roe) Production, Plans Market Campaign  


Sustainable Fisheries Partnership Joins Forces With Nueva Pescanova Group


United Fishermen of Alaska Hire New Executive Director


IFFO Announces Incoming President And Full Management Board For 2018  


Fri. Nov 10 2017

SeafoodNews.com Summary Friday, November 10


Canadian Government Discussing Plans to Save North Atlantic Right Whales


Lots of Reasons to Decline Lenfest's Menhaden Reference Points, Says Beaufort Lab Scientist   


High Liner Foods Releases Third Quarter Operating Results


Chicken of the Sea Donates 380,000 Servings of Seafood For Hurricane Relief


Anti-Salmon Farming Groups Mobilize in Clallam County Washington to Oppose Cooke Salmon Expansion    


Long John Silver's Upgrading Drive-Thrus With Advanced Digital Technology


Norway Eyes Promotion of Seafood Products Other Than Salmon and Cod to Chinese Consumers  


Record Level of Kamchatka King Crab Biomass Announced by TINRO; Further Quota Increases Likely  


WWF Opposes Big Increase In Bluefin Tuna Quotas at Upcoming ICCAT Meeting  


FAO Fish Price Index Up 5.9% This Year in November 2017 Food Outlook Report


VIDEO: Walmart Seafood Sourcing; Chinese-N.Korea Seafood Ban; Frozen Fish Perception; Cod Stock


CAPMA Says 1.6 Million Tons of Seafood Imported Illegally Into China at China Fisheries Show Seminar  


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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.

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