Fri. Feb 27 2015

Berin Sea King Crab Washes Ashore on English Coast  

Seafood Cargo Ship Leaves Dutch Harbor After Coast Guard Detainment

Thu. Feb 26 2015

Supreme Court Overturns Fisherman's Conviction for Tossing Undersize Grouper

Editor's View: Restaurant Industry Shifts Away from Worrying About Seafood Prices

Newfoundland's Fishery Minister Confident That Facts Will Compel Feds to Overturn LIFO Shrimp Policy  

Letters: Canadians Strongly Defend Their Halibut Accountability, Say US Should Emulate Them  

TUF Spent About US$100 Million in Deals to Acquire Meralliance and King Oscar

Cargill Invested $7.8M to Promote Aquaculture in the South of Mexico

Shortage of Shrimp Broodstock Forecast for China in 2015 Despite Surge in Suppliers  

USDA, HHS Face Backlash from Inclusion of Sustainability in Dietary Guidelines

Most of Alaska's Fishermen are Adverse to Catch Privatization (Fish Radio)

Can GMO Technology Promote Sustainable Salmon Farming?

Virginia facing Lower Oyster Harvest from Public Reefs Next Season

Guangxi Sees Surge in Tilapia Exports of 23% Last Year, Values Double  

Coast Guard Tells Congress it Needs to Replace Medium Endurance Cutters with Offshore Patrol Cutters

Wal-Mart CEO Talks About Pay Raises, How Customers Shop and What He's Learned from Critics

Seafood Watch Has Updated Its Mobile App

Russian Port Authorities Discuss East-West Fish Shipping Route Via Northern Sea

$16M Newfoundland-Labrador Fund Criticized for Small Number of Harvester Projects

Aker Biomarine Commits $500,000 to Antarctic Wildlife Research Fund

NAA, APHIS Propose Aquaculture Health Program

Target Posts Q4 Earnings Boost in Wake of Canada Exit

Maine to Start Closing Some Scallop Areas March 2  

Seafish Appoints New Aquaculture Manager

SalMar Q4 EBIT Up Sharply Over Year-Ago News Summary Thursday February 26, 2015

Wed. Feb 25 2015

Live Lobster Prices Up Sharply in February as Winter Weather Halts Fishing in Canada and Maine  

Aquabounty Gearing Up for Salmon Approval, Reported 2014 Loss of $7.1 million

Thailand Revising Fishing Sector Law to Allow Inspection of Fishing Vessels

Gulf Shrimp Landings in January Post Sixth Straight Monthly Gain Over 2013/14 Season  

'Worst of all Possible Times' to Gut Alaska Fish Commission says Chair

Clearwater hits record $445 in sales on higher shellfish prices

Red Snapper Reallocation Reform Bill Reintroduced to Congress  

Ten State Plus DC Attorneys General Joined in FTC Injunction Against Sysco-US Foods Merger

Alaska's Eastside Cook Inlet Shore Closed to Razor Clamming

Black Cod Tips and Seafood Dog Treats Surprise Winners at Alaska's Symphony of Seafoods (Fish Radio)

After Exiting Canada, Target Now Prepared to Refocus on Foods

How Long Does Fresh Fish Last in the Fridge?

"Ghost" Crab Pots Still Killing Notable Numbers of King Crabs in Kodiak  

Bakkafrost's Profits Up in 2014 as Faroe Island Salmon Flows to Russian Market

Shedd Aquarium Manager Gives Today's Farmed Fish the Respect it Deserves

Australia's Queensland Banning Net Fishing In 3 Areas, Pandering To Sport Fishing Interests

Mid Atlantic Council May Impose Emergency Limits on Blueline Tilefish

Bonefish Grill Opens Ninth Maryland Restaurant in Towson, Raises $5,000 for United Way

Fall Chinook Run Shaping Up to Be 3rd Largest in Modern Era

Kona Grill Q4 sales up 29 percent but loss exceeded year-ago News Summary Wednesday February 25, 2015

Tue. Feb 24 2015

Louisiana Crawfish Processors in a Bind Over H2B Changes: No Permits Available, and Wages up Sharply  

Russia Offers $100 Million in Seafood Subsidies, Pollock Producers want to Double Sales to Europe  

Sablefish, Toothfish Prices Soar in Japan in Face of Weak Yen, Other Asian Demand  

Plenty of Buyers, But Few Sellers Around for Higher Priced Alaskan Halibut Permits (Fish Radio)  

Russia Expects 450,000 Tons of Pacific Salmon, up 30% from 2014, in Strong Year for Pinks  

USDA Organic Standards for Salmon will Support Net Pen Aquaculture, Likely Spark Fight with NGOs  

Ocean Acidification's Effect on Shellfish Starting to Get the Scientific Attention it Deserves   (1)

Nova Scotia Lobsters May be Contracting Deadly Parasite From Green Crabs Used as Bait

Yihe Launches Alaskan Jack's Brand of Pacific Northwest Chum Salmon for Retail

Darden CEO pick could represent major change

Gorton's Takes New Smart & Crunchy Fish Sticks and Fillets on the Road

Tasmania's Huon Aquaculture 6 Months Net Profit Up 11.5 Percent

Iceland Haddock and Saithe Re-certified to Iceland's Responsible Fisheries Management Specification

Lower Production Impacts Last Weeks' Beef, Poultry Markets; Weather Issues Ripple Through Seafood  

Long John Silvers Appoints James O'Reilly as CEO

First Nations Continuing to Fight DFO Decision to Open BC Herring Roe Fisheries

Preferred Notes Higher Demand for Cold Storage Capacity; Expands Houston Express Facility

US Task Force on IUU Fishing Fails to Call Out China With Largest Subsidized Fleet in the Pacific

Arctic Paws's Yummy Chummies Dog Treats Win Grand Prize for 2015 Alaska Symphony of Seafood

Scientists Say Eating Fatty Fish Will Chase the Winter Blahs Away

Fall River Backs Tax Breaks to Assist Blount's $10 Million Expansion

Austevoll Seafood Raises Dividend Despite Drop in Q4 Net Profit

Alaska's Minimum Wage Rising to $8.75

Leroy Seafood group Reports Record Breaking Year, Russia's Import Ban a Challenge

Chefs Enjoy Showing Off Lobster's Versatility News Summary Tuesday February 24, 2015

Mon. Feb 23 2015

Editor's View: The Gov't Has Given the US Seafood Industry a Huge Opportunity; We Won't Take It   (3)

Sysco Defends Merger with US Foods, Exploits Split Among FTC Commissioners

Dietary Guidelines Advisory Report Strongly Urges More Seafood Consumption, Supports Aquaculture

West Coast Ports Face Several Months' Backlog

VIDEO: Alaska Salmon Success is Grounded in Collaboration  

Industry Groups React to Dietary Guidelines Advisory Report

Walmart's Company-Wide Pay Raise Puts Pressure on McDonald's, Entire QSR Sector

Cook Inlet's Roland Maw Pulls Name From Alaska Fish Board Consideration

Russian Aquaculture Name Change Shows its Multi-Million Dollar Comittment to Fish Farming

Royal Salmon Subsidiary Indicted for Misreporting of Sea Lice

West Australian Rock Lobster Industry Flourishing with High Asian Demand and Robust Landings  

Quinlan Brothers Suing Former Workers, Cold North Seafoods over Proprietary Crab Machine

Faroe Islands get Salmon Windfall as Virtual Monopoly Supplier of Fresh Salmon to Russia  

Gloucester Times Says NOAA Move to Reconsider NE Cod Cuts Allows for More Industry Input (Editorial)

Red Lobster Move to New Headquarters To Be Completed March 6

Gene Lee Elected as Darden's Permanent CEO

Andhra Pradesh Vanamei Farmers Plead for Quality Brood Stock

Kenny Down Appointed To Fill John Henderschedts Seat On The N. Pacific Council Representing Wash.

NZ King Salmon Working on Development of Species Specific Feed

Tentative Deal Reached for U.S. West Coast Ports, Subject to Ratification

Vessel Safety Training Courses Now Available to Alaska's Fishermen (Fish Radio)

How Chipotle is Forcing Sit-Down Chains Like Olive Garden to Rethink Lunch

FAO Software Allows Quick ID of Endangered Shark Species from Fin Shapes

Maine's Scallop-Rich Cobscook Bay Remaining Open At Least Another Week  

Nine Vietnamese Fishermen Jump Overboard from Taiwanese Vessels off Falklands News Summary Monday February 23, 2015

Fri. Feb 20 2015

Oregon Dungeness Crab Commission Votes to Leave MSC Program   (2) 

FTC Complaint Shows Why Sysco-US Foods Merger May be Dead News Summary Friday February 20, 2015

West Coast Labor Dispite Close to Over - PMA, ILWU Labor Deal May Be Near

Trident Launches Frozen Alaskan Pollock Burgers at Select Costco Stores

Alimar Stands to Double Sales Revenue with Invermar Purchase

MSC Creates Consumer-Facing Chain of Custody Standard for Foodservice, Customer Oriented Businesses

Safeway is First to Carry Anova's Fair Trade Certified Indonesian Tuna Products

Roland Maw Grilled About Upper Cook Inlet Assoc Lawsuit with NMFS in Fish Board Confirmation Hearing

Gulf of Alaska Pot Cod Quotas Finally Filled With Catch Rates Lower  

Bill Hogarth Backs Fish as a Public Resource as Policy Makers Take Up MSA Re-Authorization (Opinion)

Alaska's Busy Fishing Permit Brokers Report Slumping Prices for Salmon Licenses in 2014 (Fish Radio)  

Louisiana Crawfish Packers Mad over Big Wage Hike Required for Foreign Workers  

Florida Nutritionist Rebuts Some Negative Myths About Seafood

Nova Scotia Lobster Exports to East Asia Continue to Soar  

Nova Scotia Fisheries Minister Hopes to Have Lobster Fee Agreement by Fall  

Eric and Wendy Schmidt (Google) Give $10M to Monterey Bay Aquarium's Seafood Watch

Atlantic Canada Fish Farmers Association Defends Proposed DFO Aquaculture Rules

NOAA May Reconsider Some of the Emergency Gulf of Maine Cod Measures

Thailand Defends Its Anti-Human Trafficking Efforts Following Negative EJF Report

Bonefish Grill's FY Comps Lag Bloomin' Brands Other Main Concepts

As Expected, Nutrition Panel Advises USDA to Drop Restriction on Shrimp for Cholesterol

Trickle of Northern Shrimp From Research Fishery Sells at Portland Auction for Over $4.00 a Pound  

Snow Crab Landings at Halfway Mark, Bairdi Quota Landed  

FTC Files Lawsuit to Block Merger Between Sysco and US Foods

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Supreme Court Overturns Fisherman's Conviction for Tossing Undersize Grouper

SEAFOODNEWS.COM [New York Times] By Adam Liptakfeb - February 26, 2015 - 

WASHINGTON — A narrowly divided Supreme Court on Wednesday sided with a Florida fisherman, throwing out his conviction for tossing evidence — undersize grouper — back into the Gulf of Mexico under a federal law aimed mostly at white-collar crime.

The fisherman, John L. Yates, was convicted of violating the Sarbanes-Oxley Act of 2002, which imposes a maximum sentence of 20 years for the destruction of “any record, document or tangible object” in order to obstruct an investigation...

Full Story »

Editor’s View: Restaurant Industry Shifts Away from Worrying About Seafood Prices

SEAFOODNEWS.COM [Editor's View] by John Sackton  February 26, 2015

We have consistently covered foodservice and restaurant business news in our daily selection of news stories, even though they are often not the most widely read. Many seafood wholesalers are one or two steps removed from their foodservice customers, or they deal directly with a smaller group of restaurants, rather than national chains.
Yet what happens at foodservice has a real bearing on prices and demand for seafood. The last few years have put the restaurant industry in a real bind: higher food and seafood costs, especially on marquis items such as shrimp and crab, ran smack into a period of declining traffic and weak restaurant sales.
Most operators responded by raising menu prices, further depressing traffic and sales. That era appears to be coming to an end. Last week we wrote that January restaurant traffic was the best in five years. (Link
With better traffic and a positive sales outlook....

Full Story »

Newfoundland's Fishery Minister Confident That Facts Will Compel Feds to Overturn LIFO Shrimp Policy

SEAFOODNEWS.COM [VOCM] February 26, 2015

The Fisheries Minister says he's cautiously optimistic that when provided the evidence, the federal government will abandon the LIFO policy.

The latest in a series of protests against shrimp quota allocations was held in Old Perlican by the FFAW yesterday.

Vaughn Granter says the province categorically doesn't support the last-in, first-out policy. He says if the federal government doesn't back off, it will mean total devastation for some coastal communities...

Full Story »

Letters:  Canadians Strongly Defend Their Halibut Accountability, Say US Should Emulate Them

SEAFOODNEWS.COM [Letters]  February 25, 2015

Response to the February 17, 2015 Editor's View: Comments on the News This Week, and Is Halibut the New 'New England Cod'?

In his February 17, 2015 editorial, John Sackton asserts that halibut is in danger of becoming the North Pacific’s New England cod. He argues that several factors are compounding the problem, one of which is “the Canadians with an extremely poor record on the west coast. ” Clearly Mr. Sackton is unaware of the management regime in place in all commercial groundfish fisheries on Canada’s west coast, the steps Canada has taken to reduce halibut bycatch mortality and what the IPHC data for Canadian waters (IPHC Regulatory Area 2B) shows.
There are seven commercial groundfish fisheries conducted on Canada’s west coast -- Halibut, Sablefish, Inside Rockfish, Outside Rockfish, Lingcod, Dogfish and Groundfish Trawl. The fisheries are managed in an integrated manner such that all mortalities of directed species and non-directed species must be accounted for. To account for this mortality, fishermen must reallocate individual transferable quota (ITQ, or IFQ in the United States) between fisheries to cover all mortalities, regardless of whether the catch is kept, utilized at sea, or released at sea...

Full Story »

TUF Spent About US$100 Million in Deals to Acquire Meralliance and King Oscar

SEAFOODNEWS.COM [SeafoodNews] February 26, 2015

Last year TUF spent over US$100 million in its deals to acquire French smoked salmon distributor Meralliance and Norwegian seafood canner King Oscar.

The Thai-based seafood firm released the details of the two deals first announced last September, which were completed in November.

Back in November TUF said it plans to increase its sales to $5 billion this year with plans to reach $8 billion in sales by 2020...

Full Story »
Cargill Invested $7.8M to Promote Aquaculture in the South of Mexico

SEAFOODNEWS.COM [SeafoodNews] February 26, 2015
Tehuacán, Puebla - As part of the celebrations for its 150th global anniversary and 50 years of operations in Mexico, Cargill Mexico inaugurated the expansion of its animal feed facility. The expansion is the result of a $7.8 million dollar investment, informed Gerardo Quintero, Managing Director of Cargill’s Feed & Nutrition business for Mexico and Central America.
At the event, which was attended by the Ministry of Agriculture, Livestock, Rural Development, Fishery and Feed, Enrique Martínez y Martínez; the Governor of the State of Puebla, Rafael Moreno Valle; Rudolf Lamprecht, President and CEO of Regal Springs; Marcelo Martins, President of Cargill Mexico; Rob...

Full Story »

USDA, HHS Face Backlash from Inclusion of Sustainability in Dietary Guidelines

SEAFOODNEWS.COM [Christian Science Monitor] By Emily Nink - February 26, 2015 - 

Despite broad support from health and environmental groups, USDA and HHS are under pressure from registered lobbies (including The National Cattlemen's Beef Association, the National Pork Producers Council, and the National Chicken Council) to exclude the sustainability recommendations in the final rendition of the revised dietary guidelines; industry backlash frames lean meat consumption as a key component of a healthy diet, and argues that DGAC has overstepped its assignment in discussing environmental sustainability as a part of individual diet.

Full Story »

Most of Alaska's Fishermen are Adverse to Catch Privatization (Fish Radio)

SEAFOODNEWS.COM [Fish Radio with Laine Welch] February 26, 2015 

This is Fish Radio. I’m Laine Welch – Fishermen are happy in their jobs but don’t like carving up the catches. More after this 

Alaska fishermen are happy with their career choice, but not so pleased with programs that carve up the catch. That pretty much sums up the findings in a multi-year study that aimed to gauge how Kodiak fishermen feel about privatizing the resource through things like catch shares and IFQs.

“I was trying to understand also how people thought about privatization compared to other kinds changes in the community and then also looking at how people thought about privatization in terms of its affects on individual and community well being.” 

Full Story »

Thailand Revising Fishing Sector Law to Allow Inspection of Fishing Vessels

SEAFOODNEWS.COM [Straits Times] By Nirmal Ghosh - Ferbaury 25, 2015 - 

Bangkok,  Thailand's fishing sector has a long line of troubles. The country is the world's third-largest seafood exporter, yet its waters are almost out of fish.

Its fleet is facing strong criticism for using slave labour and it is at risk of getting a "yellow card" from the European Union (EU). The government is scrambling to correct this...

Full Story »

Gulf Shrimp Landings in January Post Sixth Straight Monthly Gain Over 2013/14 Season

SEAFOODNEWS.COM by Michael Ramsingh - February 25, 2015

Once again shrimp landings in the Gulf of Mexico posted improved volumes compared to the 2013/14 season. Catches in January were up from 2014 levels as fishermen continued to land more shrimp later into the season compared to the previous fishing season.

In January the Gulf haul totaled 3.28 million pounds, a 7.5 percent increase from 2014. Louisiana was again the largest contributor among the Gulf states. The state's landings were up about half a million pounds from last year to nearly 1.8 million pounds.

The haul marks the sixth straight month that shrimp volumes out of the Gulf were up over the previous fishing season...

Full Story »

Guangxi Sees Surge in Tilapia Exports of 23% Last Year, Values Double

SEAFOODNEWS.COM []  Translated by Amy Zhong  - February 26, 2015 

Guangxi has exported tilapias weighing 90 thousand tons last year. According to Guangxi Entry-Exit Inspection and Quarantine Bureau, Guangxi has exported aquatic products weighing 114 thousand tons, which worth US$640 million in 2014. These two numbers have increased by 23.2% and 50.5% respectively this year compared with the previous one. 

Among aquatic products, tilapia export continues to increase with the export volume reaching around 90 thousand tons. The tilapia export takes more than 80% of Guangxi’s aquatic product export volume. And the tilapia export value is US$430 million, while China has exported tilapias of 400 thousand tons with the value of US$1.5 billion on the whole in the year....

Full Story »

Coast Guard Tells Congress it Needs to Replace Medium Endurance Cutters with Offshore Patrol Cutters

SEAFOODNEWS.COM [SeafoodNews] - February 26, 2015 -

U.S. Coast Guard Commandant Adm. Paul Zukunft and Master Chief Petty Officer of the Coast Guard Steven Cantrell testified Wednesday on the Coast Guard's Fiscal Year 2016 budget request before the House Subcommittee on Coast Guard and Maritime Transportation.

Zukunft said his highest investment priority is recapitalizing the aging Medium Endurance Cutter fleet with the Offshore Patrol Cutter. 

Zukunft said, "The Offshore Patrol Cutter is essential to stopping smugglers at sea, interdicting undocumented migrants, rescuing people, enforcing fisheries laws, responding to disasters and protecting our ports."

Full Story »

Seafood Watch Has Updated Its Mobile App

SEAFOODNEWS.COM [SeafoodNews] - February 26, 2015 - 

The Monterey Bay Aquarium Seafood Watch program has now been around for fifteen years.

The program's mobile app has now been redesigned and updated for use when choosing seafood from a restaurant menu or at a retail establishment.

The new features include:

- quick referral to specific seafood recommendations

- species summary pages for a quick overview of each item       

- search using the common market or sushi names

- quickl access to the full Seafood Watch website for in-depth information

- identification of nearby businesses that offer "ocean-friendly" seafood

This updated app is available for both iOS and Android devices and can be downloaded from the Seafood Watch website.

Since 1999, Seafood Watch claims to have distributed over 51 million printed consumer guides, and its free mobile app has been downloaded more than 1.6 million times.&

Full Story »

$16M Newfoundland-Labrador Fund Criticized for Small Number of Harvester Projects

SEAFOODNEWS.COM [CBC] By Jamie Baker - February 26, 2015 - 

A $16-million provincial fund that was created to provide funding for all aspects of the fishery has almost exclusively benefitted academic institutions, unions and big players on the processing side of the industry, not the harvesters who work directly on the water.

The Fisheries Technology and New Opportunities Program (FTNOP) was established in 2008.

As of October 2014, a total of 261 different projects had been approved under the fund.

A CBC News analysis has found that almost all of FTNOP’s funding to date has been spent on projects led by institutions like Memorial University/Marine Institute and the Canadian Centre for Fisheries Innovation (CCFI); the Fish Food and Allied Workers (FFAW); and companies like Ocean Choice International (OCI), Quinlan Brothers, and the Barry Group.


Full Story »
NAA, APHIS Propose Aquaculture Health Program
SEAFOODNEWS.COM [Feedstuffs] February 26, 2015 
The U.S. Department of Agriculture's Animal and Plant Health Inspection Service (APHIS) Veterinary Services (VS), in collaboration with the National Aquaculture Assn. (NAA), is rolling out its joint concept for commercial aquaculture health program standards (CAHPS) and posted a framework document on the APHIS Aquaculture webpage for review.
Representatives from NAA and the VS Aquaculture Program Team have been developing draft program standards to establish this voluntary, nonregulatory framework for the improvement and verification of the health of farmed aquatic animals produced in U.S. commercial aquaculture industry ...

Full Story »

Maine to Start Closing Some Scallop Areas March 2

SEAFOODNEWS.COM [Associated Press] - February 26, 2015 - 

LUBEC, Maine, Maine fishery regulators say they are getting ready to close several waterways to scallop fishing for the season due to the volume of catch.

The nine areas include scallop-rich Cobscook Bay, one of the primary scallop fishing areas in Maine. Regulators say the closures will begin March 2. 

Some of the areas, including the St. Croix River, will remain partially open on a limited basis.

Full Story »

SalMar Q4 EBIT Up Sharply Over Year-Ago

SEAFOODNEWS.COM [Reuters] By Ole Petter Skonnord - February 26, 2015 -

SalMar reported that Q4 EBIT before adjustments was NOK 509 million compared with NOK 348 mln year-ago.

SalMar ASA said based on estimates of standing biomass at close of the fiscal year, it expects that the global supply of atlantic salmon will rise by just three per cent in 2015 which would normally indicate relatively good prices moving forward.

Despite the loss of sales to the Russian market, SalMar said it is experiencing buoyant demand in the company's core market.  The compny expects to harvest around 139,000 tonnes in Norway, up from 137,000 tonnes in Q3 report.

Full Story »

Red Snapper Reallocation Reform Bill Reintroduced to Congress

SEAFOODNEWS.COM [Press-Register] by Jeff Dute - February 25, 2015

The Red Snapper Regulatory Reform Act is back on the table in the U.S. Congress.

Its sponsor, U.S. Rep. Bradley Byrne (AL-01) and long-time observers of management of the popular reef fish in the Gulf of Mexico say its passage is necessary to open the fishery to alternatives to the current restrictive quota system as created under the Magnuson-Stevens Act.

This act is the umbrella under which all fisheries within federal water are managed. The act’s authorization expired in 2013 and congress took up its reauthorization last year...

Full Story »

Shortage of Shrimp Broodstock Forecast for China in 2015 Despite Surge in Suppliers

SEAFOODNEWS.COM  []  Translated by Amy Zhong - February 25, 2015

Shrimp Improvement Systems (SIS)  has supplied Chinese market with around 140 to 150 thousand pairs of shrimp broodstock in 2015, but the supply still fails to satisfy the market demand. 

Shrimp Improvement System  entered Chinese market in 2004. And now after working hard for over a decade, it has replaced the previously leading suppliers of shrimp broodstock and become the leader in the market of China. However, there are some changes to the market during 2013. 

Kona Bay Marine Resource returned to compete in China, and Charoen Pokphand Group (CP) from Thailand was looking for partners in China and SIS was no longer the only strong supplier of broodstock in China. 

Wang Jinde plays an important role in China’s shrimp broodstock market, because he is responsible for the delivery of most imported shrimp broodstock. And there are only limited overseas brands of shrimp broodstock such as SIS, CP, Kona Bay, Moloka and Saipan SyAqua for the selection of seedling facilities in China. 

The development of SIS has caught the attention of many ...

Full Story »

Live Lobster Prices Up Sharply in February as Winter Weather Halts Fishing in Canada and Maine

SEAFOODNEWS.COM by Michael Ramsingh - February 25, 2015

New England live lobster prices are climbing this month with supplies short as ice has hampered Maine and Canadian fishing efforts in February.

Yesterday, live lobster boat prices reached $8 per pound traders told Urner Barry. These higher dock prices were reflected in yesterday's wholesale market, which climbed $1.00 per pound from last week's price for live half-pound Selects in New England. Since the start of the month Live Lobster prices are up nearly 30 percent.  These are high historical prices for February...

Full Story »

Aquabounty Gearing Up for Salmon Approval, Reported 2014 Loss of $7.1 million

SEAFOODNEWS.COM [SeafoodNews] - February 25, 2015 -

Ever hopeful, Aquabounty Technologies reported 2014 results and said it is gearing up for the commercialization phase of its genetically modified fast growing AquaAdvantage salmon once it is approved.

The company is a wholly owned subsidiary of Intrexon Corporation.

Last year the company completed an equity subscription of $10.0 million and prepared for a NASDAQ listing of its shares.  For the fiscal year the company's net loss was $7.1 million compared with a prior year net loss of $4.7 million...

Full Story »
Can GMO Technology Promote Sustainable Salmon Farming?
SEAFOODNEWS.COM [Genetic Literacy Project] by Rebecca Randall- February 26, 2015 
As wild populations of forage fish dwindle, new genetically modified false flax intended for salmon feed could relieve that pressure, while also boosting omega-3 in farmed salmon, according to an ongoing British research project. Populations of forage fish, which make up the natural diet of wild salmon, are threatened as the growing salmon farming industry requires more and more. Alternative feeds have so far lacked enough omega-3.
But public acceptance of the discovery has a few hurdles—opposition to genetic modification as well as the sustainability movement’s wariness of fish farming in general. AquaBounty, the company responsible for genetically engineering an Atlantic salmon, has faced significant opposition, with many advocacy group...

Full Story »

Virginia facing Lower Oyster Harvest from Public Reefs Next Season

SEAFOODNEWS.COM [Daily Press] By Tamara Dietrich - February 26, 2015 - 

Virginia has enjoyed huge oyster harvests for the past two seasons, taking in 504,000 bushels last year and 409,000 the year before that. The season now winding down looks healthy, too.

But don't get used to it.

The Chesapeake Bay and its tributaries have had a couple years of rather poor spat sets that bode a leaner harvest for the 2015-16 season that begins in the fall.

The Shellfish Management Advisory Committee is considering a range of options to curtail commercial harvest which are meeting predictable resistance from watermen...

Full Story »

'Worst of all Possible Times' to Gut Alaska Fish Commission says Chair

SEAFOODNEWS.COM [] by  Zaz Hollander February 25, 2015

The three-member commission that oversees Alaska’s lucrative limited-entry commercial fisheries is urging lawmakers not to pursue proposals for elimination for at least another year.

The state Commercial Fisheries Entry Commission is under fire as a more than $3.5 billion budget shortfall looms. A critical report by the Alaska Department of Fish and Game makes a case for overhaul, citing permit processing delays and relatively high payroll costs. Proposed legislation, House Bill 112, would repeal the commission and move its duties to Fish and Game.
Created in 1974 to conserve the state’s salmon, the commission now administers 68 fisheries including salmon, herring, crab, sablefish, shrimp and dive fisheries. Commissioners help decide who gets permits and rule on the appeals of hearing officer decisions and permit transfers.
The three commissioners are all attorneys: longtime commissioner and chair Bruce Twomley, one-term member Benjamin Brown and former Wasilla Mayor Verne Rupright, appointed last month.
Commission salaries last fiscal year started at about $130,000, but benefits and other additions brought the total cost to roughly $200,000 each....

Full Story »

Wal-Mart CEO Talks About Pay Raises, How Customers Shop and What He's Learned from Critics

SEAFOODNEWS.COM [Associated Press] - February 26, 2015 - 

BENTONVILLE, ARK.,When Wal-Mart CEO Doug McMillon took the top job at the world's largest retailer last year, he inherited some big problems.

Wal-Mart Stores Inc., which has more than 11,000 stores in 27 countries, has struggled with two years of mostly sluggish sales due in large part to a challenging global economy and major changes in how people shop.

Workers' groups have targeted Wal-Mart over its pay and treatment of its U.S

Full Story »

Russian Port Authorities Discuss East-West Fish Shipping Route Via Northern Sea

SEAFOODNEWS.COM The Barents Observer] by Trude Pettersen - 

February 26, 2015

Could the Northern Sea Route be suitable for shipment of fish from the Far East to the European parts of Russia and vice versa? Stake holders in Russia’s fisheries industry and fishery authorities believe so.

In a meeting in Murmansk recently between the Murmansk regional government, the Federal Fishery Agency, 
Murmansk Sea Fish Port, Atomflot and other interested parties, it was decided to develop a concept for a container line between Murmansk and Petropavlovsk-Kamchatsky, the Murmansk regional government’s web site reads.

Fish product delivery by the Northern Sea Route means a reduced time of transportation and reduced costs, according to First Deputy Governor of Murmansk Oblast Aleksei Tyukavin. Murmansk Sea Fish Port has well developed infrastructure, sufficient storage and refrigerating facilities to implement this project, he said...

Full Story »

Aker Biomarine Commits $500,000 to Antarctic Wildlife Research Fund

SEAFOODNEWS.COM [SeafoodNews] - February 26, 2015 -

Aker BioMarine, a leading supplier of krill-derived products, has announced an inaugural commitment to the new Antarctic Wildlife Research Fund (AWR).

“We have spent the last 12 years developing a sustainable harvesting infrastructure for krill and turning it into innovative products with recognized health benefits,” said Aker BioMarine CEO Hallvard Muri. “All the way, we have been supporting science and working with key NGOs to make sure we are doing it right.”

Elisabeth Røkke announced Aker BioMarine’s financial commitment of $500,000 USD to the AWR.

Full Story »

Target Posts Q4 Earnings Boost in Wake of Canada Exit

SEAFOODNEWS.COM [Progressive Grocer] - February 26, 2015 - 

As Target Corp. regroups following its recent exodus from the Canadian market, the Minneapolis-based retailer reported boosts in sales and earnings for the fourth quarter and full 2014 fiscal year.

Q4 same-store sales increased 3.8 percent, reflecting a 3.2 percent increase in comparable transactions. Digital channel sales contributed 0.9 percentage points to comparable sales growth. Adjusted Q4 earnings per share of $1.50 bested the company’s most recent guidance of $1.43 to $1.47 per share.


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Seafish Appoints New Aquaculture Manager
SEAFOODNEWS.COM [] - February 26, 2015 
UK authority Seafish has appointed Lee Cocker as the organisation’s aquaculture manager to help deliver the Domestic Aquaculture Strategy programme. 
The Domestic Aquaculture Strategy programme is part of the new Seafish Corporate Plan 2015-2018. Mr Cocker has extensive experience in the aquaculture industry both in the UK and overseas. He has previously worked as an aquaculture advisor for the World Wildlife Federation in Vietnam, with Scapa Ltd, Uganda/Business Minds/Stirling University as a technical manager (Aquaculture Internship) in Uganda and shortly before joining Seafish, Mr Cocker was an aquaculture research analyst/independent ...

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Clearwater hits record $445 in sales on higher shellfish prices

SEAFOODNEWS.COM [SeafoodNews]  February 25, 2015

Clearwater reported record sales and adjusted EBITDA of $CA 444.7 million and $87.4 million respectively versus 2013 comparative figures of $388.7 million and $79.1 million.
The 14% and 10% growth in sales and adjusted EBITDA, respectively was driven by strong market demand that provided higher sales prices for the majority of Clearwater's species as well as strengthening foreign exchange rates for the US dollar and the Euro against the Canadian dollar. These higher foreign exchange rates had a $20.7 million positive impact on sales and gross margin in 2014.
The company said it will no longer provide future forecast targets for sales growth and earnings, and instead will ask investors to rely on its four year track record.
It seem to us that two factors that contributed to Clearwater's sales this year - favorable exchange rates and high sales prices for shrimp and crab, are clearly volatile, and could impact future earnings. 
The improvement in gross margin was partially offset by higher per pound harvesting and procurement costs...

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