Wed. Feb 22 2017

High Liner Posts Annual Sales Decline in 2016 Noting Weak US Demand for Breaded, Battered Seafood


State-Waters Cod Season Opens to Pot Gear as Federal Pot Gear Season Closes in Gulf of Alaska  


White Castle Adds Crab Cake Sandwich to Menu for Lent  


Hello Fresh's Meal Kit Delivery Service Commits to Monterey Bay's Seafood Watch Program


EDF Says Smart Reforms are Key to Global Fish Recovery, Even with Climate Change   (1)


Seafood.com News Summary Wednesday February 22, 2017


Tue. Feb 21 2017

Feds Quickly Exempting Fishery Regulations Stalled by Federal Freeze Order


Commerce Finalizes Shrimp Duty Rates for Vietnamese Exporters in 11th Review Period  


Grieg Posts Record 4Q Earnings on Strong Salmon Prices, Higher Production  


Mariner Seafood's Jack Flynn Joins NFI's Board of Directors


Leroy Seafoods: High Prices Generate Good Earnings  


Arun Dhar Takes Over Shrimp Research Lab from Don Lightner at Univ. of Arizona  


Texas' Perciformes Group Sends First Harvest of Farmed Sablefish To Washington DC Market


Seafood.com News Summary Tuesday February 21, 2017


Mon. Feb 20 2017

Iceland's Commercial Fishermen Resume Fishing as Labor Deal Gets Narrow Approval  


Russia's Quota Incentive Program Does Not Spur Crab Producers to Place Domestic Shipbuilding Orders  


PODCAST: India Carries US Shrimp Imports to Record; Snow Crab Prices Smash Records Before Boston  


Handy Seafood Launches Line of Value Added Oysters in Time for Boston Show


Effective Management Can Navigate Climate Impacts on the Fisheries


Seafood.com News Summary Monday February 20, 2017


Fri. Feb 17 2017

Red Chamber to Allow Federal Observers Aboard its Red Shrimp Boats in Argentina to Meet FIP Goal  


Feds to Analyze Environmental Impacts of Western Pacific Longline Fisheries for Bigeye and Tuna  


Scientists Find Extreme Forage Fish Populations are Natural, Likely Unavoidable


Sharp Increase in Iceland's Capelin Quota Could End Fishermen's Strike


Bumble Bee Adds Flavors and Launches Snack Kit Packaging to Tuna Pouch Lineup


Bojangles' Features Alaska Pollock Fish Sandwich for Lent


Great Eastern Seafood Celebrates 35 Years in Business With First Boston Show Exhibit Since 1992


Seafood.com News Summary Friday February 17, 2017


Thu. Feb 16 2017

IATTC Makes Progress on Decreasing Effort on Bigeye and Yellowfin Tunas  


Seafood.com News Summary Thursday February 16, 2017


Wed. Feb 15 2017

Seafood.com News Summary Wednesday February 15, 2017


Marine Harvest Doubles Earnings in 2016; Adding Processing, Farming Sites to Grow N. American Sales  


HB Grandi Says Japan's Roe Market Could Benefit as Iceland Raises Capelin Quota to 299,000 MT


Second Alaska Buyback Program for Southeast Seine Permits Not Approved  


China's Xuzhou Jinjiangfoodstuffs Becomes First Crawfish Producer to Earn BAP Certification   (2)


Samherji-Owned Íslandsbleikja Gets Arctic Char Processing Plant in Iceland BAP Certified


Pacific Andes Confirms Insolvency Proceedings Have Started for One Subsidiary


China Update: Tilapia Processors Restart with Stable Prices; Shrimp Production Above Expectations  


Hokkaido Crab Dealer Goes Bankrupt After Russia Tightens Crab Enforcement  


US Foods Acquires Assets to Rhode Island Broadline Distributor All American Foods


How Alaskans Forced Snow Crab Prices Above $8.00; This Price Likely to Carry Through to Boston   (1) 


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High Liner Posts Annual Sales Decline in 2016 Noting Weak US Demand for Breaded, Battered Seafood

SEAFOODNEWS.COM [SeafoodNews] February 22, 2017

High Liner Foods posted a decline in annual sales volumes and values last year because of the continued decline in demand for its traditional line of breaded and battered frozen seafood items in the US market.

The major seafood producer and distributor reported a 4.5 percent decrease in its annual sales to US$956 million...

Full Story »

State-Waters Cod Season Opens to Pot Gear as Federal Pot Gear Season Closes in Gulf of Alaska

SEAFOODNEWS.COM [SeafoodNews] - February 22, 2017

The Pacific cod season in state waters will open to pot gear in Prince William Sound (Area E) and Cook Inlet (Area H) at noon on Friday, February 24, 2017. The parallel seasons for jig and longline gear remains open until closed by emergency order from the Alaska Department of Fish and Game.

The season follows the closure of the parallel Pacific cod pot season one day before. This coincides with the National Marine Fisheries Service closure of the Pacific cod pot gear sector int he federal Central Gulf of Alaska.

For the state-waters season in Prince William Sound, a guideline harvest level of 4,338,141 lbs. is split between...

Full Story »

White Castle Adds Crab Cake Sandwich to Menu for Lent

SEAFOODNEWS.COM [SeafoodNews] February 22, 2017

White Castle has added a Seafood Crab Cake Slider to its menu in time for the Lenten season.

The item will be offered for a limited time at participating restaurants. The crab cakes sliders are topped with a creole sauce and served on White Castle’s signature steamed bun.

"White Castle has been innovating since 1921, when we started the first fast food chain. Today we are proud to continue leading the industry by being the first to offer a seafood crab cake sandwich at all restaurants,” said Jamie Richardson, vice president of White Castle...

Full Story »

Feds Quickly Exempting Fishery Regulations Stalled by Federal Freeze Order

SEAFOODNEWS.COM by Michael Ramsingh - February 21, 2017

The federal freeze on approving new regulatory measures issued by the Trump Administration last month has stalled some fishery policies across the country. However, regional management councils and lawmakers have been able to secure quick exemptions from the freeze for some quota allocation changes and other vital fishery management protocols.

Last month, the White House issued a memo that called for a freeze on the implementation new federal regulations for further review.

The notice said regulations that have been sent to the official Federal Register but were not published,  should be withdrawn for review and approval.

Full Story »

Hello Fresh's Meal Kit Delivery Service Commits to Monterey Bay's Seafood Watch Program

SEAFOODNEWS.COM [SeafoodNews] February 22, 2017

Meal kit delivery service Hello Fresh said it will source its seafood from fisheries recognized by the Monterey Bay Aquarium’s Seafood Watch program.

“By joining forces with Monterey Bay Aquarium Seafood Watch® program, HelloFresh pledges to only source ocean-friendly seafood rated a Best Choice or Good Alternative in addition to seafood eco-certified by trusted, independent programs,” Hello Fresh said in a blog pos its website.

Hello Fresh is subscription-based meal delivery service that sells its customers with detailed recipes and measured ingredients to prepare dinners at home...

Full Story »

Commerce Finalizes Shrimp Duty Rates for Vietnamese Exporters in 11th Review Period

SEAFOODNEWS.COM by Michael Ramsingh - February 21, 2017

The US Commerce Department finalized the duty rates for Frozen Warmwater Shrimp exports out of Vietnam in its 11th period of review, which covered shrimp shipments made between February 1, 2015 through January 31, 2016.

In this decision, the Commerce Department assigned an antidumping rate of 4.78% to 12 non-individually examined Vietnamese exporters that demonstrated their eligibility for a “separate rate” based on their independence from the Vietnamese Government. 

The final rate was based on the final rate assigned to 32 Vietnamese exporters in the September 2016 final determination of the tenth administrative review...

Full Story »

Iceland's Commercial Fishermen Resume Fishing as Labor Deal Gets Narrow Approval

SEAFOODNEWS.COM by Michael Ramsingh - February 20, 2017

Commercial fishermen in Iceland commenced fishing on Sunday after an agreement was narrowly passed between the major fishermen’s unions and the boat owners.

The deal ends a three-month work stoppage for Iceland’s commercial fishermen that walked off the job in November. The fishermen demanded better prices of fish sold at auction compared to the fish not sold at auction; guaranteed salaries, bonus incentives; a larger budget for clothing and third party safety assessments...

Full Story »

Grieg Posts Record 4Q Earnings on Strong Salmon Prices, Higher Production

SEAFOODNEWS.COM [SeafoodNews] February 21, 2017

Grieg Seafood announced its highest earnings ever in the fourth quarter of 2015, in a market defined by high prices and limited supply.

The Atlantic salmon farming company, with production facilities in Norway, Shetland Islands, and British Columbia, posted operating earnings of US$54.5 million compared to 4Q2015 earnings of $5 million in 2015.

They credit the record earnings from a high harvest volume of nearly 21,000 metric tons in a strong market. This compares to 15,279 metric tons in the same period in 2015, reflecting an increase of 37 percent...

Full Story »

Leroy Seafoods: High Prices Generate Good Earnings

SEAFOODNEWS.COM [SeafoodNews] - February 21, 2017

Today Lerøy Seafood Group (LSG) reported revenue of $590 million for the last quarter in 2016, compared with $427 million in the same period of 2015.

The operating profit before fair value adjustment of biomass was $121,720 in Q4 2016, compared with $42 million in Q4 2015.

"In 2016, Lerøy Seafood Group achieved a record high result, and can report the highest revenue and highest operating profit before fair value adjustment of biomass in the Group's history," confirmed CEO Henning Beltestad. 

"We are naturally delighted with such a great result," he continued. "We can look back on a quarter with extremely high salmon and trout prices, strong demand but also some biological challenges and relatively high share of contracts...

Full Story »

Perciformes’s First Harvest of Farmed Sablefish Off To Market

SEAFOODNEWS.COM [SeafoodNews] - February 21, 2017

The first harvest of plump sablefish was made on Valentine's Day, appropriate for the aquaculturists at Perciformes Group's grow out facility in Taft, TX. Their labor of love started 160 days earlier when the sablefish fry arrived from a Washington state hatchery to the multi-million dollar research and development facility. Perciformes' research facility uses recirculated water throughout their land-based grow-out tanks.

Three hundred pounds of 1.5-pound sablefish, also known as black cod, were harvested, packed in ice, and shipped to a Maryland distributor catering to chefs at Washington DC white tablecloth restaurants...

Full Story »

Feds to Analyze Environmental Impacts of Western Pacific Longline Fisheries for  Bigeye and Tuna 

SEAFOODNEWS.COM [SeafoodNews] - February 17, 2017

HONOLULU -- The National Marine Fisheries Service (NMFS) announced on Monday that it will prepare a Programmatic Environmental Impact Statement (PEIS) on the U.S. Pacific Island deep-set tuna longline fisheries, which target bigeye tuna.

The PEIS will analyze the environmental impacts of management of deep-set tuna longliners, which operate out of Hawaii, American Samoa, and the U.S. West Coast. The need for the proposed action is to manage deep-set tuna longline fisheries under an adaptive management framework that allows for timely management responses to changing environmental conditions, consistent with domestic and international conservation and management measures.

The PEIS will be developed in coordination with the Western Pacific Fishery Management Council based in Honolulu.

Tuna longline fisheries use two distinct gear types: shallow-set vessels target swordfish near the surface and deep-set vessels target tunas deeper than 100 meters...

Full Story »

Scientists Find Extreme Forage Fish Populations are Natural, Likely Unavoidable

SEAFOODNEWS.COM [Seafood News] - February 17, 2017

ANN ARBOR — California sardine stocks famously crashed in John Steinbeck's "Cannery Row." New research, building on previous since the late 1960s, shows in greater detail that such forage fish stocks have undergone boom-bust cycles for centuries, with at least three species off the U.S. West Coast repeatedly experiencing steep population increases followed by declines long before commercial fishing began.

Natural population fluctuations in Pacific sardine, northern anchovy and Pacific hake off California have been so common that the species were in collapsed condition 29 to 40 percent of the time over the 500-year period from A.D. 1000 to 1500, according to the study published online Feb. 9 in Geophysical Research Letters.

Using a long time series of fish scales deposited in low-oxygen, offshore sedimentary environments off Southern California, researchers from the National Oceanic and Atmospheric Administration and the University of Michigan described such collapses as "an intrinsic property of some forage fish populations that should be expected ...

Full Story »

Sharp Increase in Iceland's Capelin Quota Could End Fishermen's Strike

SEAFOODNEWS.COM by Michael Ramsingh - February 17, 2017

European seafood analysts at Marko Fish said Iceland’s decision to sharply increase its capelin quota this season could spur a quick end to the prolonged fishermen’s strike.

“There are higher probabilities that the strike will be resolved in the next few days than before due to the issue of enlarged quota for capelin of 196 thousand that will be Iceland’s share of the quota. Due to the relatively short catch window for the capelin the pressure to end the strike is increased,” said Marko Fish in its February 16 newsletter...

Full Story »

Effective Management Can Navigate Climate Impacts on the Fisheries

SEAFOODNEWS.COM [SeafoodNews] - February 20, 2017

BOSTON – Fisheries around the world are likely to come under increasing pressure from climate change. But effective, cooperative management approaches can blunt the projected impacts on both fish stocks and on the billions of people who depend on them – and in some cases even improve the health of key fisheries.

“The future is potentially prosperous, but only if we take action now to adapt to the kinds of changes that we now anticipate,” said Christopher Costello, professor of environmental resource economics...

Full Story »

Bojangles' Features Alaska Pollock Fish Sandwich for Lent

SEAFOODNEWS.COM [Seafood News] - February 17, 2017

Charlotte, NC -- The BojAngler is back and ready to make a splash! Following a popular debut last year, Bojangles’ has brought back the delicious BojAngler fish sandwich, which is now available at participating restaurants for a limited time.

There’s nothing flaky about this fish sandwich. Unless, of course, you’re referring to the actual filet, a delightfully light, wild-caught Alaskan Pollock filet with a generous dash of Bojangles’ popular fry seasoning. The filet is paired with a slice of all-natural cheddar cheese and zesty tartar sauce, all between a golden-brown toasted, buttered bun. Perfect for lunch or dinner, the BojAngler proves that a brand famous for its flavorful chicken and made-from-scratch ...

Full Story »

High Liner Posts Annual Sales Decline in 2016 Noting Weak US Demand for Breaded, Battered Seafood

High Liner Foods posted a decline in annual sales volumes and values last year because of the continued dip in demand for its traditional line of breaded and battered frozen seafood items in the US market. The major seafood producer and distributor reported a 4.5 percent decrease in its annual sales in US dollars and a 3 percent decline in Canadian dollars in 2016. The operator's sales by volume were down 2.5 percent for the year. High Liner CEO Keith Decker said he expects US demand for breaded and battered seafood to continue to decline in 2017. “We expect the trend of lower demand for frozen breaded and battered seafood products will continue into 2017 and that we will not return to volume growth until our new product sales can offset the decline that the traditional breaded and battered category is experiencing," said Decker.

Canada and the EU signed the Comprehensive Economic and Trade Agreement last week, which included a three-year stop gap measure that will phase out seafood processing requirements in Newfoundland. The province uses the minimum local processing requirements to protect jobs, particularly in more remote fishing communities. But the implementation of the deal requires such restrictions to end. Newfoundland officials will use the three-year phase-out period to come up with a stastrategy protect the economic impacts from the trade deal. "We're going to take the time that's required to have the discussion, take the discussions to the fullest extent to see what's available to us," said Newfoundland and Labrador Premier Dwight Ball.

In other news, Alaska's Pacific cod season in state waters will open to pot gear in Prince William Sound and Cook Inlet at noon this Friday. The parallel seasons for jig and longline gear remains open until closed by emergency order from the Alaska Department of Fish and Game. The season follows the closure of the parallel Pacific cod pot season one day before. This coincides with the National Marine Fisheries Service closure of the Pacific cod pot gear sector in the federal Central Gulf of Alaska.

Meanwhile, Vietnamese seafood export officials said a misleading news broadcast in Spain is what triggered panagsius sales bans at Carrefour stores in EU markets. VASEP said a broadcast by Spain’s Cuatro TV on Jan 5 depicted Vietnamese pangasius being raised in unclean cages and fed with non-industrialized feed like dead fish and other food waste. VASEP said such depictions of Vietnam's pangasius industry were demonstrably false and asked federal officals to take action to defend the industry.

Finally, an Alaska Seafood Marking Institute overview, compiled by the McDowell Group, shows that for sockeye salmon, wholesale prices are expected to remain strong based on robust demand in 2016 sales and increasing farmed salmon prices. Japan also has re-emerged as an important buyer of smaller sized sockeye and larger fish are reportedly selling well in Europe’s smoked salmon market. Conversely, canned prices have fallen sharply and the “Brexit” vote has further reduced demand in the U.K., the largest canned red market.

Full Story »

Iceland's Commercial Fishermen Resume Fishing as Labor Deal Gets Narrow Approval

Commercial fishermen in Iceland commenced fishing on Sunday after an agreement was narrowly passed between the major fishermen’s unions and the boat owners. The deal ends a three-month work stoppage for Iceland’s commercial fishermen that walked off the job in November. On Friday, we reported Iceland’s fishing strike could come to a quick end because of a recent decision to sharply raise Iceland’s commercial capelin quota. This deal should ease upwards pressure on cod prices and shrinking inventories in the UK market. The strike was starting to cut into fresh and frozen cod production out of Iceland, which is a major cod supplier to global markets. Additionally, any fears of fresh cod shortages in the US market, particularly on the East Coast, are also likely to fade.

Leading Russian crab producers failed to reach any agreements with domestic shipbuilders to place orders for new ships. According to a recent law passed by the Russian government, crab producers are required to use domestic shipbuilders to build new fishing vessels. in return for quota allocations."Unfortunately, none of Russia's leading crab producers, which participated in the meeting, was able to complete and place a clear order. Each of producers requires ships in accordance with their own, specific needs, which, however, has nothing to do with mass production. Due to this, we were unable to reach any agreements," said Vitaly Gvozdev, a senior representative of Nordic Engineering

In other news, there will be a concerted effort during Alaska's upcoming Board of Fish meetings to end the so-called "fish wars" and move discussions out of the realm of political battles and keep it firmly in the arena of science-based fisheries management that benefits everyone. At the meeting, the board will consider a 174 fishery management proposals. “I’m not going to do a tit-for-tat allocation battle back and forth,” said David Martin, President of the United Cook Inlet Drift Association. “That doesn’t benefit anybody.”

Meanwhile, President Trumps's executive order that requires two regulations be effectively eliminated for each new one that is created could disrupt the implementation of some federal fishery management regulations. The vast majority of federal fisheries regulations do not the standard, meaning routine closures and assessments should proceed as they always have. However, NOAA Fisheries has several regulations currently under consideration that are “significant regulatory actions” including a proposed update to ensure consistent application of rules at federal marine sanctuaries and an effort to combat the spread of illegally caught or fraudulently identified seafood in U.S. markets.

Finally, some analysts say Vietnam's goal to raise its total annual value of shrimp exports to global markets to $10 billion by 2025 might not be realistic. Experts calculate that if the added value of shrimp is doubled by 2025, the country would earn $6 billion from exports. For the $4 billion remainder, Vietnam would have to produce an additional 1 million metric tons of shrimp. And even though the production goal is attainable, analysts say the value of the shrimp will not be high enough to reach the $10 billion goal.

Full Story »

Nova Scotia Tests Project with Chinese Online Retailer Tmall  to Export Only Premium Quality Lobsters

Three Nova Scotia lobsters exporters and Chinese online retailer Tmall agreed to participate in a pilot project that will ensure Chinese consumers are getting premium lobsters. During this project, which is to run from May through to September, three Nova Scotia companies will export 300,000 live lobsters to be sold through Tmall. Under the deal inked by Nova Scotia and Tmall, which is part of Alibaba's e-commerce business, lobster exporters will submit to a quality-control initiative. This will include a quality standards manual, a training program and regular audits at participating export plants in Nova Scotia and the receiver sites in China. “The online market in China is a huge, huge business opportunity and we’re seeing this as an opportunity to reach new customers," said Robert MacDonald, Gidney’s president and general manager.

Alaskan cod and pollock fishing and processing in Adak has been put on hold for the second straight year. According to Adak city officials, fishermen do not want to catch pollock because of low prices. Meanwhile, the city's processing plant said it would likely only process pollock if it could also start receiving cod deliveries. However, cod fishermen are currently suing to stop a 2015 NPFMC decision that requires them to deliver tons of their harvest to Adak.

In other news, Hawaii lawmakers advanced a bill that requires more oversight of the commercial fishing industry after an Associated Press investigation found labor abuse aboard US owned and operated commercial tuna longliners. The bill would require fishing boat owners who want a commercial license in Hawaii to provide state officials with a copy of employment contracts held with every fisherman on board before the license is granted. The bill passed the House Committee on Ocean, Marine Resources and Hawaiian Affairs Tuesday and it goes next to the Judiciary Committee.

Meanwhile, the European Parliament has approved the Comprehensive Economic and Trade Agreement (CETA) with Canada. The deal, which has been seven years in the making, will eliminate almost all trade tariffs between the European Union and Canada. Economists say tariffs on Canada's seafood exports to the EU are likely to be phased out over the next three to seven years under CETA.

Finally, Eastern Pacific fisheries managers finally reached an agreement last week on fishing for Pacific bigeye and yellowfin tunas. It took more than seven months and the measures are not without criticism, but the regulations align with other international management and acknowledge excessive fishing effort may harm the tuna resources.

Full Story »

EDF Says Smart Reforms are Key to Global Fish Recovery, Even with Climate Change

SEAFOODNEWS.COM [Seafood News] - February 22, 2017

BOSTON -- New research finds that climate change will cause dramatic impacts in the world’s fisheries, but effective management in most fisheries could yield more fish and more prosperity, even with a changing climate, according to researchers.

Scientists and economists at the University of California Santa Barbara, Oregon State University and Environmental Defense Fund previewed their preliminary results from this new research at the American Association for the Advancement of Science meeting in Boston, Massachusetts.

Relative to today, this preliminary research illustrates that effective management reforms can lead, globally, to a nearly 90 percent increase in profits, a third more fish in the water and a more than 10 percent increase in harvest by 2100 in the face of climate change, the authors said in a press release.

The research also shows the effect is even more pronounced ...

Full Story »

Russia's Quota Incentive Program Does Not Spur Crab Producers to Place Domestic Shipbuilding Orders

SEAFOODNEWS.COM by Eugene Gerden - February 20, 2017

Leading Russian crab producers have failed to reach an agreement with the domestic shipbuilders, regarding the placement of orders for new crab vessels, which is required by the recently amended Russian legislation in the field of fish and seafood production, according to recent statements of an official spokesman of Russian Rosrybolovstvo.

The recent decision of the Russian government to include crabs in the "under keel" quota program (which involves placement of orders for the building of fishing trawlers at domestic shipyards in exchange of quotas’ provision) became a big surprise for domestic crab producers, which have been forced to start talks with  domestic shipbuilders, regarding with the building of ships at their capacities, amid the prospects of inevitable tighthening of competition in the sector... 

Full Story »

Mariner Seafood's Jack Flynn Joins NFI's Board of Directors 

SEAFOODNEWS.COM [SeafoodNews] February 21, 2017

Jack Flynn, CEO and Founder of Mariner Seafood was recently chosen to represent the National Fisheries Institute (NFI) as a board member and executive committee member.

Flynn brings more than 30 years of experience in all areas of the seafood industry to this directorship appointment.

"The appointment of Jack Flynn is a natural fit for NFI. Under his leadership, Mariner Seafood has long committed to procuring seafood from suppliers that are fully dedicated to sustainable, traceable and responsibly sourced practices. We are delighted to welcome Jack, one of our industry's most qualified and knowledgeable players, to the NFI Board,” said NFI President John Connelly...

Full Story »

Arun Dhar Takes Over Shrimp Research Lab from Don Lightner at Univ. of Arizona 

SEAFOODNEWS.COM [Global Aquacutlure Advocate] by James Wright - February 21, 2017

The world-renowned shrimp disease research laboratory at the University of Arizona in January named Arun Dhar, Ph.D., as its new director. Dhar, who joins the school after a three-year stint as a contract researcher at Intrexon Corp., aims to broaden the lab’s role in solving the challenges aquaculture faces in regards to disease.

The lab is regarded for its expertise in diagnostics, treatment and biosecurity against virtually all classes of crustacean pathogens and parasites...

Full Story »

Red Chamber to Allow Federal Observers Aboard its Red Shrimp Boats in Argentina to Meet FIP Goal

SEAFOODNEWS.COM by Michael Ramsingh - February 17, 2017

Major US seafood importer, processor and distributor Red Chamber said it will participate with Argentina’s national fisheries research institute INIDEP in a fishery observer program for the inshore Patagonian pink shrimp fishery.

Argentina’s Patagonian pink shrimp are also known as red shrimp or Pleoticus muelleri. They are a wild-caught coldwater shrimp.

The fishery is harvested in two distinct sectors: inshore and offshore. The inshore fishery is comprised of day boats that catch shrimp for four to five hours at a time. Inshore fishing occurs between November and April. 

Full Story »

PODCAST: India Carries US Shrimp Imports to Record; Snow Crab Prices Smash Records Before Boston

Full Story »

Handy Seafood Launches Line of Value Added Oysters in Time for Boston Show

SEAFOODNEWS.COM [SeafoodNews] February 20, 2017

Handy Seafood will launch two new value-added products—Oysters Rockefeller and Oysters Casino. The products will be featured in the New Products Showcase at the Seafood Expo North America in March.

These products will be part of Handy's Oyster Collection. The products offer customers a trendy, high protein product with convenience and quality Handy said. These two products, along with several other delicious Handy products, will be featured on sampling menus at Handy’s restaurant-style booth, number 823...

Full Story »

IATTC Makes Progress on Decreasing Effort on Bigeye and Yellowfin Tunas

SEAFOODNEWS.COM [Seafood News] - February 16, 2017

Eastern Pacific fisheries managers finally reached an agreement last week on fishing for bigeye and yellowfin tunas. It took more than seven months and the measures are not without criticism, but the measures align with other international management and acknowledge excessive fishing effort may harm the tuna resources.
 
The 21 members of the Inter-American Tropical Tuna Association agreed to align the total purse seine catch limits for yellowfin and bigeye tuna by set type and that there are no national allocations.
 
The purse seine vessels of capacity classes 4 to 6 (more than 182 metric tons carrying capacity) and longline vessels more than 24 meters of all members and cooperating non-members of the IATTC must stop fishing in the Convention Area for 62 days in 2017, according to the IATTC resolution. The closures must be in one of two periods: between July 29 and Sept. 28 or between Nov. 18, 2017 and Jan. 18, 2018.
 
The members did not agree to limit ...

Full Story »

Bumble Bee Adds Flavors and Launches Snack Kit Packaging to Tuna Pouch Lineup

SEAFOODNEWS.COM [Seafood News] - February 17, 2017

Bumble Bee Seafoods has introduced several new flavors to its Prime Fillet line, Seasoned Tuna Pouches and Snack on the Run! kits. 
 
“Consumers are looking for nutritious, affordable meal solutions to fill their pantries,” said Dave Melbourne, Bumble Bee senior vice president, consumer marketing and corporate social responsibility, in the statement. “Bumble Bee’s new flavor varieties offer simple, delicious ways to incorporate more seafood into you and your family’s diet.”

Full Story »

Great Eastern Seafood Celebrates 35 Years in Business With First Boston Show Exhibit Since 1992

SEAFOODNEWS.COM [Seafood News] - February 17, 2017

Great Eastern Seafood, a leading processor and distributor of fresh seafood, is proud to announce the company is celebrating its 35th year in business.

Since its founding in 1982, Great Eastern Seafood has established itself as one of America’s fastest growing seafood processing and distribution companies by demonstrating superior standards of providing its customers with a variety of premium fresh seafood from across the globe. Great Eastern Seafood prides itself in providing its customers with the freshest seafood products that have been responsibly harvested using sustainable and environmentally friendly practices whenever possible, the company said in a press release.

With four generations of business relationships throughout New England and Canada, Great Eastern Seafood is a top producer of North Atlantic groundfish and flatfish.

“Over the last thirty five years, Great Eastern Seafood has not only remained strong throughout many economic ups and downs, but we’ve grown the business and now serve over 170 customers across North America,” said Doug Nucatola, ...

Full Story »

DFO Says Newfoundland's Shrimp Stock Still at Critically Low Level; Sank 25% Between '15 - '16

The latest stock assessment of Newfoundland's pink shrimp biomass by federal biologists showed not much improvement compared to 2015. This assessment was conducted on shrimp fishing areas (SFA) 6, 5 and 4 — off the Northern Peninsula and the coast of Labrador. For the key SFA 6, the fishable biomass — the weight of all commercial-sized male and female shrimp — declined from 785,000 metric tons in 2006 to just 104,000 metric tons in 2016. And there was a 25 percent decline from 2015 to 2016. DFO said work is currently underway on a stock advisory report, which will be ready for publication next week. on March 9, the Northern Shrimp Advisory Committee will meet to hear the latest report from DFO and to offer their suggestions on quota levels for this year’s shrimp fishing season

The federal freeze on approving new regulatory measures issued by the Trump Administration last month has stalled some fishery policies across the country. However, regional management councils and lawmakers have been able to secure quick exemptions from the freeze for some quota allocation changes and other vital fishery management protocols. One such exemption was secured by Oregon Congressman Peter DeFazio and other West Coast lawmakers, who successfully petitioned this week to get updated West Coast rockfish quotas implemented.

In other news, Nova Scotia's provincial Fisheries Minister Keith Colwell said there is an intention to expand premium quality seafood shipments to the Chinese market. The announcement was made after three lobster exporters in Nova Scotia elected to participate in a pilot program with China's major online sales platform Tmall to sell premium quality live lobsters. “I can’t disclose that but (Alibaba is) very anxious to work with us and other products,” said Colwell. “It’s going to be a while because these things take a long time to negotiate.”

Meanwhile, the US Commerce Department finalized the duty rates for Frozen Warmwater Shrimp exports out of Vietnam in its 11th period of review. The final rate makes no change for 12 exporters compared to the 10th final review rates.

Finally, Northern Dynasty responded to an investor report that said its Pebble mine asset near Alaska's Bristol Bay watershed was "worthless." Northern Dynasty said Kerrsidale Capital's report was "unfounded" and based on "unsupported speculation."

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Red Chamber to Allow Federal Observers Aboard its Red Shrimp Boats in Argentina to Meet FIP Goal

Red Chamber said it will participate with Argentina’s national fisheries research institute INIDEP in a fishery observer program for the inshore Patagonian pink shrimp fishery. Argentina’s Patagonian pink shrimp are also known as red shrimp or Pleoticus muelleri. They are a wild-caught coldwater shrimp. Red Chamber Argentina (RCA) said it committed to the observer program for the Patagonian shrimp in order to fulfill goals listed in a Fishery Improvement Program for the fishery that the company is participating in. “We are looking forward to working with INIDEP to track juvenile hake bycatch in the red shrimp fishery and make progress towards management improvements,” said RCA President Marcelo Mou.

Cod prices in UK markets are on the rise from the combination of the prolonged fishermen's strike in Iceland and because of high salmon prices. Analysts say high-priced salmon has UK motivated consumers to switch to lower-priced cod. However, UK cod supplies are starting to feel the pinch from Iceland's prolong fishermen's strike that started in November. In a related story, European fish market analysts at Marko Fish say Iceland's sharply higher capelin quota announced this week could motivate Iceland's fishermen to end their strike. “There are higher probabilities that the strike will be resolved in the next few days than before due to the issue of enlarged quota for capelin of 196 thousand that will be Iceland’s share of the quota. Due to the relatively short catch window for the capelin the pressure to end the strike is increased,” said Marko Fish.

In other news, Vietnam's largest pangasius exporter Vinh Hoan purchased all of the assets to pangasius processors Thanh Binh Dong Thap Seafood for an undisclosed amount. The move increases Vinh Hoan's processing capacity by 20 percent according to a local report.

Meanwhile, NMFS said it will prepare a Programmatic Environmental Impact Statement (PEIS) on the U.S. Pacific Island deep-set tuna longline fisheries, which target bigeye tuna. The PEIS will analyze the environmental impacts of management of deep-set tuna longliners, which operate out of Hawaii, American Samoa, and the U.S. West Coast. "The PEIS is a proactive step in the management of deep-set tuna longline fisheries," said Western Pacific Fishery Management Council Executive Director Kitty M. Simonds. "It streamlines environmental review for future management decisions and facilitates the ability of fisheries to adaptively respond to changing conditions."

Finally, the United Fishermen of Alaska flagged concerns about House Bill 511, an income tax bill that begins hearings today in the House Finance Committee. UFA says many fishermen will have "major difficulties" complying with withholding requirements on payments to fishing crew.

Have a great weekend.

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