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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Vietnam Emerged as Major Market for Indian Shrimp Exports in 2016

At the same time that India has become as major shrimp supplier to the US market, it has also stepped up exports to Vietnam with shipments in some months even surpassing those to the US. Last year Indian shrimp exports to Vietnamese and US markets increased 28 and 29 percent respectively and were the top two markets for Indian shippers. During India’s heavy harvest period last spring India’s shrimp exports to Vietnam were higher than exports to the US. Additionally, by December of last year, Indian shrimp exports to Vietnam and the US were about the same both in terms of volume and as a percentage of India’s overall exported market share. Vietnamese processors continue to report severe raw material shortages from domestic producers and higher dependence on imported materials. This is an indication that Vietnam will continue to buy foreign raw shrimp supplies so it can meet a goal to export $7.5 billion worth of seafood in 2017.

Vietnam loosened it soaking standards on pangasius fillets allowing for an 18 percent increase in moisture content. The new standard now requires only 14 percent of fish protein in treated pangasius fillets. This decision reverses an attempt by the Vietnamese government to cap soaking at 83 percent net weight. But this decree was staunchly opposed by some Vietnamese producers.

In other news, South Korea’s wild pollock population, considered near-extinct since the turn of the millennium, may be making a comeback. The Ministry of Oceans and Fisheries said Thursday that a wild pollock was caught in eastern waters near Uljin, North Gyeongsang Province. Experts blame global warming along with overfishing for the decline of the pollack population in South Korea, which according to data accounted for 14.9 percent of Korea’s entire seafood market in 1942. Currently, approximately 90 percent of pollock consumed in Korea is imported from either Russia or Japan.

Meanwhile, some Chinese shrimp farmers in Guangxi, are restarting production early this season. Currently more than half of the farmers have stocked their seed. Farmers are reporting high success rates in shrimp farming and satisfactory profit margins in the first round of seed stocking from last year. The first round of shrimp supplies are expected to hit the Chinese market this May.

Finally, Alaska's House Fisheries Committee will assess a resolution sponsored by several House Representatives “urging the United States government to continue to work with the government of Canada to investigate the long-term, region-wide downstream effects of proposed and existing industrial development and to develop measures to ensure that state resources are not harmed by upstream development in B.C.” Chris Zimmer, Rivers Without Borders Alaska campaign director, said Alaskans are troubled by B.C.’s lack of enforcement of mining regulations. The problem is that Canadian mining operations that go out of business are not required to clean up their sites. This has created leakage from abandoned mine works and sludge ponds, which have been polluting Alaskan waterways for decades.

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