Fri. Jul 1 2022

ANALYSIS: Wild Salmon Weekend as Heavy Retail Promotions Planned for Sockeyes Ahead of July 4th  


VIDEO: Tassal Rejects Bid; Nordlaks & Atlantic Sapphire; Mowi Brand Ambassador; Aid for Ukraine


SeafoodNews Closed on Monday, July 4


Southern Shrimp Alliance Requests That Additional 25% Duties on Chinese Goods Be Continued  


Cargill, Innovafeed Extend Partnership; Create Industry-First Insect Feed Expansion for Aquaculture  


New Zealand King Salmon Clears Up Sale Rumors  


Child Nutrition Program Gets $943M Boost to Buy American-Grown Foods in Nation’s Schools


King Oscar Now the Top Specialty Canned Seafood Brand in the U.S.  


Gulf of Mexico Reef Fish Shareholders' Alliance Says Biden Administration Turned Back on Fishermen


Pokemoto Signs Franchise Agreement in Tennessee Marking Another First


Silver Bay Seafoods Upgrades Plants With NorthScope ERP Software


Report Says Live Fish Carrier Market to Grow to $5.7 Billion Due to Growing Seafood Consumption


Inshore Rescue Boat Station in Rankin Inlet Opens for the Season


SeafoodNews.com Summary Friday, July 1


Thu. Jun 30 2022

This Week in Retail: This Year's July Fourth Cookout Could be Costlier


Bristol Bay Sockeye Run Set to Shatter Records  


Trident Seafoods Brings Home Most of $26 Million USDA Pollock Purchase  


VIDEO: ‘Game of Thrones’ Actor is Mowi’s New Brand Ambassador  


Russian Fishermen Oppose State Plans to Sell 25% of Domestic Catch Via Exchange Trading


Over 100 Maine Seafood Dealers, Processors to Take Share of $15 Million in Grants  


Summer Crab Management in Washington Takes Effect this Weekend  


Russian Snow Crab Price Fell 50% to $19 per Kilo at Busan Auction  


Mitsubishi Corp., Maruha Nichiro Establish Land-Based Salmon Joint Venture  


Grieg Seafoods Says New B.C. RAS Facility Going Swimmingly  


Blumar, Veramaris Partner to Improve Welfare, Quality of Atlantic Salmon


World’s Largest Retailer Joins Global Ghost Gear Initiative


True Westfjords Debuts Cod Liver Brand Oil ‘Dropi’ Using 1,000-Year-Old Process


SeafoodNews.com Summary Thursday, June 30


Wed. Jun 29 2022

The Winding Glass: What Lessons Do the 2009 Recession Hold for Seafood Marketers Today?


88% of Snow Crab Quota Caught in NL; DFO Extends Select Crab Management Areas  


Kuskokwim Salmon Get Relief from a Federal Court, AYK Chum Get Some Help From Area M Seiners


OBI Seafoods Expanding Ukraine Relief Efforts With The Help of Employees  


Southern Shrimp Alliance Supports Request for USDA Section 32 Shrimp Purchase  


Atlantic Sapphire Raises $125 Million, Lands Investment from Nordlaks  


G7 Commits $5 bln to Tackling Global Food Insecurity - U.S. Official


Plant-Based Seafood Firm Current Foods Closes $18 Million Funding Round, Cosigned by NBA Star


SeaBOS Launches First Progress Report After First Five Years in Operation


SeafoodNews.com Summary Wednesday, June 29


Tue. Jun 28 2022

Australia’s Tassal Group Rejects $700 Million Acquisition Bid from Cooke Inc.  


FFAW ‘Outraged’ Over Summer Shrimp Decision From Standing Fish Price Setting Panel  


Western Pacific Fishermen Losing Last Vestiges of U.S. Waters Open to Fishing; Council Frustrated


Biden Issues Global Strategy to Clamp Down on IUU Fishing and Labor Abuses


U.S. and Russian Frozen Pollock Roe Price Spike by 20-30%  


Appointments Announced for 2022 Regional Fishery Management Councils


Captain D’s Turning Up the Heat with New Spicy Batter Dipped Fish


Kingfish Company Receives U.S. Army Corps of Engineers Permit For Facility in Jonesport, Maine  


Plant-Based Firm ISH Food Company Lands B Corporation Certification


Coast Guard Inspectors Return to Anchorage After Supporting Opening of Bristol Bay Fishing Season


SeafoodNews.com Summary Tuesday, June 28


Mon. Jun 27 2022

ANALYSIS: Farmed Salmon Update Heading Into July  


Ecuador Protests Update: President Cuts Gasoline Prices By 10 Cents Per Gallon


Russian Far East Salmon Fishery Bullish Start, 4400 Tons of Sockeye in Two Weeks  


‘Major Achievement’: MSC Board of Trustees Approves Fisheries Standard


FSIS Issues Public Health Alert on Ineligible Siluriformes Products Imported from Korea  


DFO Releases Management Decision for NL Northern Cod Stewardship Fishery  


SeafoodNews.com Summary Monday, June 27


Grounded Packaging Launches New Sustainable Packaging Solution Made From 83% Recycled Materials


StarKist, Feed the Children Partner and Cornerstones to Provide Hunger Relief to 400 Families in VA


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ANALYSIS: Wild Salmon Weekend as Heavy Retail Promotions Planned for Sockeyes Ahead of July 4th

As the sockeye season starts to hit its stride we have seen pricing for both fresh Sockeye whole fish and fresh fillets adjust lower as supplies build for most of the season. Levels on fresh 4-6 lb. whole fish dropped to $4.50 from $5.50, an 18% decrease in 2 weeks. Compare that to last year when we saw a larger dip within the same time frame going from $7.50 to $5.50...

Full Story »

VIDEO: Tassal Rejects Bid; Nordlaks & Atlantic Sapphire; Mowi Brand Ambassador; Aid for Ukraine

Join SeafoodNews managing editor Amanda Buckle and staff writer Ryan Doyle for a new episode of the SeafoodNews Weekly Video. This week Amanda and Ryan talk about Tassal's rejection of Cooke's bid; Nordlaks' investment in Atlantic Sapphire; and Mowi's new brand ambassador. Plus learn how OBI Seafoods and their employees are aiding with the relief efforts in Ukraine.

This video is sponsored by Urner Barry’s Global Protein Summit, the premier event for buyers and sellers in the protein space. Taking place October 17 -19...

Full Story »

SeafoodNews Closed on Monday, July 4

SeafoodNews will not be publishing on Monday, July 4. We will return to our normal publishing schedule on Tuesday, July 5.

In the meantime, catch up on our recent major news stories by checking our Featured Stories page. 

You can also watch all the latest SeafoodNews Weekly Videos here or listen to the latest SeafoodNews Podcast episodes here.

Full Story »

Cargill, Innovafeed Extend Partnership; Create Industry-First Insect Feed Expansion for Aquaculture

Agriculture giant Cargill will continue its partnership with insect ingredient firm Innovafeed and scale up the use of its ingredients in various types of animal feed, including salmon farming.

Under the new deal, Cargill will use Innovafeed’s “high-performance and sustainable ingredients for salmonids.” Cargill described the insect ingredients as a “competitive alternative to other sources of protein at all levels, including nutrition, production, and sustainability.”

“A contract of this size and scope for insect ingredients in aquafeed is a first in our industry and marks a major...

Full Story »

King Oscar Now the Top Specialty Canned Seafood Brand in the U.S.

King Oscar Inc. said it has now become the top dog in the canned specialty seafood category.

The Norway-based company said according to all-channel IRI data, as of June 12, its sales eclipsed $20,940,660, outpacing its competitors to claim the #1 position.

"After a significant, and predictable, reset of sales post-pandemic, King Oscar has soared to a level that we've strived for some years now," said King Oscar USA president John Engle. "That milestone has been driven in large part by...

Full Story »

Gulf of Mexico Reef Fish Shareholders' Alliance Says Biden Administration Turned Back on Fishermen

The Gulf of Mexico Reef Fish Shareholder’s Alliance shared its thoughts on the Biden Administration, saying that recent moves made by it have punished commercial fishermen in the Gulf of Mexico.

According to the Alliance, which represents commercial snapper and grouper fishermen in the Gulf of Mexico, said fishermen were “cautiously optimistic” when Biden took office, citing its pledge to “follow the science, to prioritize conservation and ecosystem health, and to ensure fairness and equity.”

However, recent moves by the Administration has changed that tone...

Full Story »

Silver Bay Seafoods Upgrades Plants With NorthScope ERP Software

Silver Bay Seafoods has officially gone live with NorthScope ERP’s software. The primarily fishermen-owned seafood processing company confirmed this week that the NorthScope software is currently at all five of their Alaska plants and is beginning to be implemented at their California-based squid plant.

The NorthScope software was created by Northlake Partners to aid seafood processors, food manufacturers, food distributors and agriculture processors. The software will be providing Silver Bay’s plants with electronic fish ticket processing and fisherman settlement functionality; the ability to import fishermen credit card transactions into...

Full Story »

Inshore Rescue Boat Station in Rankin Inlet Opens for the Season

The Canadian Coast Guard's Inshore Rescue Boat station in Rankin Inlet, Nunavut is now open for the season. The station is crewed by Indigenous members hired and trained by the Canadian Coast Guard under Canada's Oceans Protection Plan.

The Inshore Rescue Boat program provides hands-on work experience to crew members who learn life-saving skills, and provides additional maritime search and rescue services during the summer season. In Rankin Inlet, the Inshore Rescue Boat crew is an important part of the emergency preparedness and response system...

Full Story »

Bristol Bay Sockeye Run Set to Shatter Records

As of Tuesday, a total of 9.2 million sockeye salmon have been caught in Bristol Bay. The bay-wide harvest’s timing is just above that of two years ago, but significantly below the 5-year harvest at this time and last year’s harvest at this time. 

All historical indicators on timing — the previous year, two years ago, and the five-year average — shows the peak of the harvest happening next week (Statistical week 28). The weekly catch ranges from 14-18 million salmon ...

Photo courtesy of BRI DWYER AND CASSIE BERGMAN PHOTOGRAPHY

Full Story »

VIDEO: ‘Game of Thrones’ Actor is Mowi’s New Brand Ambassador

“Game of Thrones” alum Kristofer Hivju is the new face of Mowi. The Norwegian salmon company shared a commercial on social media earlier this month showing the actor indulging in some of their fresh fish.

Hivju, a Norway native, is best known for playing Tormund Giantsbane, a wildling and leader of the Free Folk who fought alongside Jon Snow. Now he’s trading in the Seven Kingdoms for the Norwegian fjords. 

And while Hivju stays silent on camera, his “wink” after a bite of salmon says it all. 

Full Story »
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Southern Shrimp Alliance Requests That Additional 25% Duties on Chinese Goods Be Continued

The Southern Shrimp Alliance is calling for the additional 25% imposed on Chinese goods to be continued.

The China Section 301 tariffs were imposed under the Trump administration in 2018 and impacted over $500 billion worth of imported goods, including seafood. This past May the United States Trade Representative (USTR) published a notice in the Federal Register initiating its review of the Section 301 actions imposed against Chinese goods four years ago, with a July 5, 2022 deadline to submit requests...

Full Story »

New Zealand King Salmon Clears Up Sale Rumors

Rumors started circulating this week about the potential sale of New Zealand King Salmon. The aquaculture company is now speaking out, confirming that the rumors…are just rumors.

“New Zealand King Salmon Investments (NZKS)  is aware of speculation published recently in the media,” the company said in a statement. “NZKS confirms that it has not been approached, and is not in discussions with any parties, regarding a potential stakeholder transaction. New Zealand King Salmon remains in compliance with its NZX continuous disclosure obligations and will continue to inform the market in accordance...

Full Story »

Child Nutrition Program Gets $943M Boost to Buy American-Grown Foods in Nation’s Schools 

In response to serious challenges of higher costs and disruptions in the supply chain that are faced by child nutrition program operators across the country, the Biden administration signed two Congressional actions yesterday. First, a $943 million boost in funding for child nutrition programs, that will be distributed by state agencies to schools across the country. The nearly $1 billion in additional funding to schools allows them to buy American-grown foods for their meal programs.

Second, Biden signed the Keep Kids Fed ...

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Pokemoto Signs Franchise Agreement in Tennessee Marking Another First

Hawaiian poke bowl restaurant concept Pokemoto signed a franchise agreement for the Gallatin, Tennessee market, marking the first entry into the state for the Muscle Maker, Inc. chain.

Muscle Maker noted that Gallatin is a prominent suburb of Nashville, Tennessee and was ranked as the “The Nicest Place in America” by Reader’s Digest in 2017 and is home to Volunteer State Community College.

Michael Roper, CEO of Pokemoto commented “We’re excited to bring Pokemoto to Tennessee with a great franchise partner. We love bringing new franchisees into our Pokemoto Ohana...

Full Story »

Report Says Live Fish Carrier Market to Grow to $5.7 Billion Due to Growing Seafood Consumption

In 2021, the global live fish carriers market size was valued at $3.06 billion in 2021 and is expected to jump to $3.2 billion this year, according to market research firm Fact.MR.

That number is expected to grow even larger over the next decade, overall demand for live fish carriers is projected to rise at a steady CAGR of 4.9%, totaling a valuation of US$ 5.17 Bn by 2032, per Fact.MR.

Fact.MR said the vessels have...

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This Week in Retail: This Year's July Fourth Cookout Could be Costlier 

Consumers might sweat when shopping for July Fourth festivities since this year's cookout could be costlier than in years past.

According to data from the Bureau of Labor Statistics, inflation remains elevated at a multi-decade high with the index for meats, poultry, fish, and eggs rising 14.2% over the last 12 months.

Despite higher retail prices and squeezed budgets, most households are forging ahead with their Independence Day plans. According to the National Retail Federation, 84% of consumers plan to celebrate the Fourth this year.

Of those, 59% of people plan to ring in Independence Day with a cookout...

Full Story »

Trident Seafoods Brings Home Most of $26 Million USDA Pollock Purchase

The U.S. Department of Agriculture (USDA) purchased over 7.6 million pounds of Alaska pollock products for just shy of $26 million with Trident Seafoods taking home the majority of the contracts.

Specifically, the USDA bought 7.638 million pounds of frozen Alaska pollock products. The purchase award description from the USDA said 1.406 million pounds worth of frozen pollock fillets were purchased, 912k pounds worth of frozen nuggets and 5.32 million pounds of frozen pollock sticks were purchased.

In total, $25,911,683 worth of product was bought by...

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