Fri. Feb 23 2024

Ocean Choice Has Sold Its Offshore Nova Scotia Scallop Quota To These 3 Companies  


ANALYSIS: Shrimp Exports Disrupted in Argentina Due to Nationwide Strike  


ANALYSIS: Scallop Market Dynamics and Net Supply Decline  


It's That Time of Year Already: Time to Think About Spring and Summer Ocean Salmon Seasons  


High Liner CEO Optimistic About 2024 After Releasing Q4 2023 Results


Captain D's Promotes Nan Ward to COO Amid Several Franchise Development Agreements  


Prime Shrimp Adds Asian-inspired Flavor to Product Lineup With Soy Ginger Offering  


Pokeworks Expands Plant-Based Tuna Launch After Summer Success in Irvine Location  


SeafoodNews.com Summary Friday, February 23


Thu. Feb 22 2024

ANALYSIS: Frozen Salmon Fillet Volume Retreats in 2023  


VIDEO: Deadline Extended For Russian Seafood; Sushi Council Formed; BBRSDA’s New Executive Director


Grieg Seafood Looks To Process More Of Its Own Fish In Norway  


US House Reps Steel, Panetta Urge Investigation of Forced Labor in Seafood Supply Chains


7-Eleven Singapore Introduces ‘K-Flavour Hits’ Menu Featuring Seafood  


Minister Invites Embassy Officials of ASEAN Countries to Toyosu Market to Promote Japanese Seafood


SeaPak Looks to AI Technology To Better Engage With Customers


Richmond BC Seafood Processing Company Fined $40,000 for Undersized Crabs


Nordlaks Adopts Underwater Robots with AI From Probotic to Keep Nets Clean


How Blue Star Foods Is Looking To Generate An Additional $20 Million in Revenue in 2024


$300K Coastal Planning Grants Available in Maine


2024 Massachusetts Commercial Fishing Grant To Help Defray Cost of Safety Gear


$3.3 Million Worth of Dried Shark Fins Seized By Hong Kong Customs


SeafoodNews.com Summary Thursday, February 22


Wed. Feb 21 2024

Import Ban on Russian Seafood Into U.S. Receives Extension To May  


The Retail Rundown: Finalizing February’s Features


FFAW Responds To ASP’s Tie-Up Grievance  


Northeast Canyons and Seamounts Marine National Monument Now Bans All Commercial Fishing  


BBRSDA Promotes Lilani Dunn To Executive Director After Andy Wink's Departure


Dead NARW Off Georgia Coast Found With Blunt Force Trauma


Bakkafrost Releases Q4 2023 Results After Challenging Year  


NOAA Fisheries Wants Public Comments on Two New National Aquaculture Development Plans


U.S. Coast Guard: Enhanced Safety Oversight Needed for Fish Tender Vessels


NaturalShrimp Develops and Patents First Shrimp-Focused Commercially Operational RAS  


SeafoodNews.com Summary Wednesday, February 21


Tue. Feb 20 2024

PODCAST: Wild Alaska Sole Association's Pat Shanahan On The Need For A New Marketing Association  


ASP Gives Update On Tie-Up Grievance As They Work Towards ‘Timely’ Start to 2024 NL Snow Crab Season  


NTSB: 2022 Sinking of $1.2 Million Seiner Due to Flooding in Lazarette and Non-Working Bilge Alarms


Thai Union Provides Update on Red Lobster in Q4 Results Amid Exit From Seafood Chain


Unified Command Transitions F/V Aleutian Storm Grounding Response to Sanctuary


Senator Murkowski Addresses Alaska Lawmakers With Candor and Optimism


Nova Sea to Acquire 33.4% Stake in Torghatten Aqua, Becoming the Company’s 2nd Largest Shareholder  


Ice Fish Farm Appoints Industry Veteran Roy Tore Rikardsen as New CEO


The EU Will Invest €2,2 M ($2.38M) to Develop the Fishing Vessel of the Future


Cousins Maine Lobster Expands in Virginia Almost a Year After Welcoming First Truck In The State  


SeafoodNews.com Summary Tuesday, February 20


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Ocean Choice Has Sold Its Offshore Nova Scotia Scallop Quota To These 3 Companies

Ocean Choice International announced on Thursday that the company has not only decided to sell off its offshore scallop quotas, but has already found buyers and completed the purchase and sale agreement with three Nova Scotia companies who have “a long history harvesting sea scallops off the coast.”

Ocean Choice held 16.77% of the offshore scallop quota in Nova Scotia. The quota is worth an estimated $200 million. And now these three Nova Scotia-based companies have acquired it: Mersey Seafoods Limited, LaHave Seafoods Limited, and Comeau’s Sea Foods Limited. 

Full Story »

ANALYSIS: Shrimp Exports Disrupted in Argentina Due to Nationwide Strike

The nationwide strikes in Argentina are impacting the largest wild capture shrimp fishery in the southern hemisphere and one of the most valuable industries in the country — red shrimp, or Pleoticus Muelleri. Reports from the area say the strike runs throughout the value chain. Plants are shut down, and importers in the U.S. and Europe lucky enough to get orders in prior to this can't get product out of the country as it sits in ports. As ports are blocked...

Full Story »

ANALYSIS: Scallop Market Dynamics and Net Supply Decline

The scallop market has experienced significant shifts in landings, imports, exports, and market dynamics over the past year, impacting both domestic and international trade. Recent consecutive years have been riddled with fallen quota announcements while sustained high prices have greatly impacted demand resulting in an anomaly of market action; less availability concurrently with price discounts.

Landings from April 2023 through January 2024 totaled 21.64 million pounds, 13.7 percent below the same 2022 to 2023 timeframe and 39.5 percent below the previous five-year...

Full Story »

High Liner CEO Optimistic About 2024 After Releasing Q4 2023 Results 

Frozen seafood company High Liner Foods has released its fourth quarter results for 2023. Sales for the Nova Scotia-based company ended at $250.3 million — a $13.2 million drop from Q4 2022. 

Reported net income in the fourth quarter of 2023 decreased by $4.7 million compared to the same period in 2022. The company says the drop was due to a decrease in Adjusted EBITDA and an increase in depreciation and amortization costs. 

Gross profit was also down in the fourth quarter — decreasing by...

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Prime Shrimp Adds Asian-inspired Flavor to Product Lineup With Soy Ginger Offering

Frozen seafood brand Prime Shrimp is expanding their retail offerings with a new soy ginger flavor added to their line of frozen sauced shrimp. 

This new flavor profile is inspired by Asian cuisines. Each package includes 8 ounces of shrimp, paired with 3 ounces of a butter-based sauce featuring shallots, soy sauce, fresh ginger and minced garlic. The brand boasts that the flavor will rival “your favorite local takeout.” And, it’s ready to eat in less than 10 minutes.

“We’re always on the lookout for new...

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ANALYSIS: Frozen Salmon Fillet Volume Retreats in 2023

Volumes of farmed Atlantic frozen salmon have retreated for the first time in recent memory on a year-over-year basis. 2023 ended 3.0 percent lower than 2022, stopping a 6-year record for increasing YTD levels.

Another note is the loss of market share for Chile, the category leader. Chile is down to a 60 percent market share in 2023 as compared to a 67 percent market share in 2022. Market share gains are being led by Norway and Poland...

Full Story »

Grieg Seafood Looks To Process More Of Its Own Fish In Norway

Grieg Seafood is looking to expand its presence in Norway with a new value added processing facility at Gardermoen.

The aquaculture company has fish farms in Rogaland and Finnmark in Norway. Now it is setting its sights on a facility that will process salmon from production in both the North (Finnmark) and South (Rogaland) of Norway. This new processing facility will be housed at Oslo Airport City at Gardermoen, with a processing capacity of 10,000-12,000 tonnes (HOG equivalent). If needed the company also has the...

Full Story »

US House Reps Steel, Panetta Urge Investigation of Forced Labor in Seafood Supply Chains

Yesterday Reps. Michelle Steel (R-CA) and Jimmy Panetta (D-CA) urged Biden Administration officials to investigate allegations of forced labor in seafood supply chains with China. The letter, signed by ten additional members of Congress, went to Secretary of State Antony Blinken, United States Trade Representative Katherine Tai, and Acting U.S. Customs and Border Protection (CBP) Commissioner Troy Miller.

“As members of the Ways and Means Committee, we urge you to investigate allegations of forced labor in seafood supply chains associated with China and promptly ...

Full Story »

SeaPak Looks to AI Technology To Better Engage With Customers 

The future is AI. And SeaPak is turning to the technology to encourage customers to get creative in the kitchen. The frozen seafood brand announced this week that they are rolling out a new “Kitchen Wingman” — an AI-generated digital Pelican. 

The Kitchen Wingman is currently featured on the SeaPak website with a link encouraging visitors to check out new dinner recipes. The recipes —  which include dishes like sheet pan coconut shrimp and crispy noodles, and a salmon burger lime and avocado salad — are marked with the...

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Nordlaks Adopts Underwater Robots with AI From Probotic to Keep Nets Clean

Nordlaks is using underwater robots to improve the cleaning of fish nets. The Norway-based company has entered into a six-year agreement with Probotic, which offers robotic services to improve operational efficiency. 

The robots — known as REN-NOT — will be used at the Grønnstranda site in Narvik. They have built-in sensors to detect holes and will operate continuously in pens, ensuring nets remain clean. The goal is to cut costs, implement better fish welfare and reduce negative environmental impacts...

Full Story »
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It's That Time of Year Already: Time to Think About Spring and Summer Ocean Salmon Seasons

The final fish counts are being tallied. Scientists are modeling salmon forecasts and seasons, and looking at ocean indicators. And fishermen and managers are talking about what this summer's ocean salmon seasons will look like.

First up: All three West Coast states hold public meetings to talk with recreational and commercial fishermen about last year's seasons, last year's returns and upcoming forecasts.

Next up: The Pacific Fishery Management Council meets in Fresno the first week of March to ...

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Captain D's Promotes Nan Ward to COO Amid Several Franchise Development Agreements

Fast casual seafood restaurant Captain D's announced Wednesday that Nan Ward has been promoted to chief operating officer. Ward has been with the Nashville-based company since 2012, when she first joined as a human resources manager.

"Over the past 12 years with Captain D's, Nan has made a defining impact on the company across many disciplines. She has a vast, hands-on background in operations and pairs it with savvy business acumen. It's a powerful combination that ensures Nan will excel as...

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Pokeworks Expands Plant-Based Tuna Launch After Summer Success in Irvine Location

Fast casual poke brand Pokeworks is set to expand their plant-based tuna launch after initially having a limited roll out at their Irvine, California, location in June 2023. 

Beginning on February 26, Pokeworks diners in California’s Bay Area will be able to order the minimally processed, 100% plant-based, sushi-grade tuna. The plant-based option can be used in any one of Pokeworks’ signature poke bowls, or can be added to a custom creation. Pokeworks customers in New York City will find the option available...

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VIDEO: Deadline Extended For Russian Seafood; Sushi Council Formed; BBRSDA’s New Executive Director

Join SeafoodNews Weekly Video co-hosts Amanda Buckle and Lorin Castiglione as they break down the top stories of the week, including the deadline extension for Russian-origin seafood; the formation of the National Fisheries Institute’s Sushi Council; and the Bristol Bay Regional Seafood Development Association’s new Executive Director.

This episode of the SeafoodNews Weekly Video is brought to you by Urner Barry. Urner Barry is heading to Boston for Seafood Expo North America from March 10th through the 12th...

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7-Eleven Singapore Introduces ‘K-Flavour Hits’ Menu Featuring Seafood

Seafood might not be your first thought when visiting convenience store chain 7-Eleven… but based on locations they do have it!

7-Eleven Singapore announced this week that they are featuring some authentic Korean seafood options as part of the launch of their ”K-Flavour Hits” menu. Singapore shoppers will find a selection of Korean-inspired ready-to-eat items, including packed meals, snacks and sandwiches, with prices starting at $2.80. 

In the ready-to-eat packed meals category seafood lovers will be able to find...

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JAPAN: Agriculture Minister Invites Embassy Officials of ASEAN Countries to Toyosu Market to Promote Japanese Seafood

On February 19, the Ministry of Agriculture, Forestry, and Fisheries (MAFF) held a promotion event at Toyosu Market in Tokyo to introduce Japanese seafood to the officials from the ASEAN member embassies in Tokyo. MAFF Minister Satoshi Sakamoto attended the event, touring the auction and tasting seafood.

Participants observed a tuna auction and intermediate wholesale stores. They received explanations from market officials about auction methods and seafood from Hokuriku, where the Noto Peninsula earthquake struck, and Hokkaido...

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Richmond BC Seafood Processing Company Fined $40,000 for Undersized Crabs

Tenshi Seafood Limited was fined CAN$40,000, after a routine inspection of its plant by Fisheries and Oceans Canada (DFO) fishery officers in January last year discovered undersize crabs on the premises, a violation of Canada's Fisheries Act.

The company pleaded guilty last December and the fine was levied against them. The harvest of undersized crab is the largest threat to conservation of Dungeness crab stocks, which is a traditional food source for Indigenous communities and core to the livelihood of commercial crab harvesters. Dungeness crab is also...

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