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  


ISFF Seeks to Strengthen Tuna Conservation Efforts at IAATC


National Fisheries Institute Introduces Unique and Easy Summer Shrimp Recipes


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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EU Inspecting Mekong Shrimp Exporters for Possible Transshipment of Indian Shrimp Through Vietnam

Vietnam's Ministry of Trade confirmed that EU inspectors examined several shrimp exporters in the Mekong Delta under the suspicion that Indian shrimp is being transshipped to the EU market through Vietnam. Currently, EU import tariffs for Vietnam's shrimp are much lower than those for India. Particularly, the tariff for unprocessed shrimp imports from Vietnam is 4.2 percent, compared to 12 percent for India. For semi-processed shrimp, Vietnam's tariff is about 7 percent while India's is 20 percent. Officials with the EU said they will raise Vietnam's tariff rates for its shrimp shipments if transshipping is detected.

Fortune International has acquired the assets to online seafood distributor Lobster Gram in a deal that expands Fortune's market reach to consumers across the country. “I have always admired Lobster Gram and how [Lobster Gram founder Dan Zawacki] successfully started a live Maine lobster home delivery company from his parents’ garage, now that is entrepreneurship,” said Sean J. O’Scannlain, Fortune International’s President and CEO. “We have always considered entering the e-commerce business given the growth potential and what better way than with an icon like Lobster Gram that shares our commitment to quality service and products.” This is Fortune’s first acquisition of 2017 but just the latest deal that the Bensenville, Illinois-based seafood distributor has made since 2012. Fortune purchased JDY Gourmet in 2012, Chef Martin Old World Butcher Shop Sausage in 2014 and Coastal Seafoods of MN in July of 2016.

The retail market for Bristol Bay sockeye is looking good again this year because of a large push to chill majority of the fish and sell it as a premium product. Last year harvesters set a record volume for the amount of raw material they chilled. "This is huge for the retail potential of Bristol Bay," said Rebecca Martello, the association's executive director. "The fleet is making great strides to ensure Bristol Bay is a quality product and this definitely ties into all aspects of marketing and making Bristol Bay the premium brand we know it to be."

In other news, Chinese tilapia production was flat and the value of its exports fell last year. The industry says its needs to do a better job of developing more international markets to boost sales. In order to do this, producers and processors are being encouraged to increase overseas marketing efforts, develop more competitive brands and increase the quality of the fish.

Finally, the eight percent tariff on Canadian live lobster shipped to Europe will immediately disappear when the free trade deal known as CETA is signed, which could happen as soon as May 1. This coincides with the spring lobster season opener in P.E.I. "For the lobster sector it will mean tariff free access to 27 countries in Europe over the next number of years," said Geoff Irvine, executive director of the Lobster Council of Canada. "[That] will give us, hopefully, an advantage in that market as we compete against other seafood products and other proteins in a market that has 500 million people."

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