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Sep 19 - Premium Brands Holdings Completes Acquisition of Maine-Based Ready Seafood Co.


Sep 17 - MLMC Brings New Shell Lobster to Chicago


Sep 17 - SeafoodNews Podcast: J50; Lobster Prices; Chinese Red Swimming Crab Meat Market Update and More


Sep 17 - Chinese Importers Bank on Upcoming Festivals to Boost Lobster Prices


Sep 13 - Massive Canadian Buying of Lobster Keeping Prices Steady in Maine, Despite Loss of China Market


Sep 6 - Part Owner of Saco-Based Lobster Wholesaler Accused of Embezzlement


Sep 5 - Lobster Import Volume Higher While Shrimp Imports Lower in July


Sep 4 - Maine-Based Ready Seafood Acquired By Premium Brands Holdings Corporation


Aug 30 - The Lobster Co., in Arundel Maine, Lays Off 25% of its Workers Due to China Tariffs


Aug 27 - Chinese Importers Stop U.S. Lobster Purchasing, Resulting in a Boon for Canada


Aug 23 - Due to Market Shortage, Boston Lobster Prices Have Increased in China


Aug 8 - Bahamian Spiny Lobster Fishery Awarded MSC Certification After 19 Month Assessment


Aug 6 - ANALYSIS: Uncertainty Exists Around Lobster Exports to China


Aug 6 - Direct Flights, Easier Transportation to Chinese Market is Good News for Some Suppliers


Aug 3 - Lobster Import Volume Lower in June 2018, Still Higher YTD


Aug 3 - Taste Test: What Do The New Lay’s Lobster Roll and Chesapeake Bay Crab Spice Chips Taste Like?


Jul 31 - Senate Once Again Approves September 25 as National Lobster Day


Jul 30 - Captain D’s Brings Lobster Feast Lineup to Locations


Jul 19 - Lay's Releases Lobster Roll Flavored Chips For “Tastes of America” Launch


Jul 18 - MLMC Debuts ‘Trap to Table’ Series on YouTube to Promote Start of Maine new Shell Lobster Season


Jul 18 - Maine DMR Awards $340,000 in Grants for Lobster Research


Jul 16 - Researchers Develop Method to Breed Moreton Bay Bugs Commercially in Tasmania


Jul 16 - Seafood News Podcast: MLMC's Matt Jacobson Previews NYC Trap to Table Event


Jul 16 - Watch the Maine Lobster Marketing Collaborative’s Trap to Table Live Event


Jul 6 - Total FDA Refusals Increase Nearly 64% in June 2018


Jul 5 - Optimism Abounds for Canadian Lobsters in China as Tariffs Drop


Jul 3 - Summer Reading: Check Out 16 Must-Read Fishing and Seafood Books


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Premium Brands Holdings Completes Acquisition of Maine-Based Ready Seafood Co.

SEAFOODNEWS.COM [SeafoodNews] - September 19, 2018

Premium Brands Holdings Corporation confirmed on Wednesday that they have successfully completed the acquisition of Ready Seafood Co.

“We are very excited about this transaction,” Premium Brands President and CEO George Paleologou said in a press release. “Not only does it add another talented management team to our business but it also provides our Seafood Group with a solid platform to support its organic growth and business acquisition initiatives in the U.S.

The company announced the acquisition plans ...

Full Story »

MLMC Brings New Shell Lobster to Chicago

SEAFOODNEWS.COM [SeafoodNews] - September 17, 2018

Chicago got a bite of Maine last week with the Maine Lobster Marketing Collaborative’s (MLMC) “Trap to Table” event.

The MLMC’s “Trap to Table” event is currently circulating around new shell season, which starts in mid-summer and runs through the fall and into early November. New shell, which has a sweeter meat, occurs when lobsters shed their old shells and grow new ones.

“Lobster is so often associated with summer, but there are many ways to purchase and use Maine lobster ...

Full Story »

Chinese Importers Bank on Upcoming Festivals to Boost Lobster Prices

SEAFOODNEWS.COM [FishFirst] translated by Amy Zhong - September 17, 2018

Recently the Boston lobster market in China has been damaged with excessive supply when the demand fails to catch up, said one Boston lobster importer in Shanghai. Boston lobster prices are in decline, especially the small ones. Though the demand is greater for the large ones, it is difficult to source any, importers say. The price contraction of live seafood such as Boston lobsters and box crab has begun after the Qixi Festival (Chinese Valentine's Day) on August 17 ...

Full Story »

Part Owner of Saco-Based Lobster Wholesaler Accused of Embezzlement 

SEAFOODNEWS.COM [SeafoodNews] - September 6, 2018

Matthew Bellerose, a part-owner of Saco, Maine-based lobster wholesaler Sea Salt, is being accused of embezzling nearly $1.5 billion from the business.

Bellerose and another individual reportedly set up a scheme that involved sending thousands of dollars worth of lobsters to a fake customer. The fake customer was never charged for the lobsters, and the crustaceans were later resold with Bellerose and the other individual profiting from it.

According to the Press Herald, a lawsuit was filed in ...

Full Story »

Maine-Based Ready Seafood Acquired By Premium Brands Holdings Corporation

SEAFOODNEWS.COM [SeafoodNews] - September 4, 2018

Premium Brands Holdings Corporation, a leading producer, marketer and distributor of branded specialty food products, has signed an agreement to purchase Portland, Maine-based Ready Seafood Co.

Ready Seafood is a leading processor, distributor, and marketer of lobsters in the U.S. The company, which was founded in 2004 by brothers John and Brendan Ready, currently has three production facilities in Maine.

“We are very pleased to be partnering with John, Brendan and their talented management team ...

Full Story »

Chinese Importers Stop U.S. Lobster Purchasing, Resulting in a Boon for Canada

SEAFOODNEWS.COM [finance.ifeng] translated by Amy Zhong - August 27, 2018

America’s lobster industry is under great pressure now due to its trade war with China, the country’s limitations on seasonal workers and the E.U.’s plan of signing new free trade agreements with Canada. In July, after the U.S. levied tariffs of billions of dollars on Chinese commodities, Beijing has come back with a 25 percent tariff rate on lobsters from America, among other seafood products.

It is hardly possible for China to buy any lobster from ...

Full Story »

Bahamian Spiny Lobster Fishery Awarded MSC Certification After 19 Month Assessment

SEAFOODNEWS.COM [SeafoodNews] - August 8, 2018

The Marine Stewardship Council (MSC) has awarded certification to the Bahamian spiny lobster fishery after a 19-month assessment. The fishery is the first Caribbean fishery to earn MSC certification.

“Congratulations to the Bahamas Marine Exporters Association (BMEA) on this notable achievement, and for their years of hard work alongside partners to improve the fishery,” Brian Perkins, MSC’s Regional Director for the Americas, said in a statement. 

“We’re thrilled to welcome this fishery to the program, and to ...

Full Story »

Direct Flights, Easier Transportation to Chinese Market is Good News for Some Suppliers

SEAFOODNEWS.COM [Sina/Sohu] translated by Amy Zhong - August 6, 2018

One hundred tons of live Boston lobsters were flown from their place of origin, Canada, to Changsha airport in China in late July. Their successful landing after 17 hours of traveling marked the beginning of cargo flights between Changsha and North America.

The three main flight destinations on this route include Changsha in China, Chicago in the U.S. and Halifax in Canada. It is good news for Chinese seafood importers and foodies, since it is now easier for Chinese citizens to get a ...

Full Story »

Taste Test: What Do The New Lay’s Lobster Roll and Chesapeake Bay Crab Spice Chips Taste Like?

SEAFOODNEWS.COM [SeafoodNews] - August 3, 2018

Last month Lay’s announced that they were rolling out eight new chip flavors as part of their “Tastes of America” program. When SeafoodNews learned that two of those chip flavors were seafood-inspired, we knew that we had to get our hands on them.

Lay’s sent SeafoodNews bags of the New England Lobster Roll and Chesapeake Bay Crab Spice chips to try and we were instantly hooked. But do they taste like the real deal?

Full Story »

Captain D’s Brings Lobster Feast Lineup to Locations

SEAFOODNEWS.COM [SeafoodNews] - July 30, 2018

Lobster Feast is back at Captain D’s.

Starting Monday, July 30, diners who visit their local Captain D’s restaurant will be able to indulge in four tasty and affordable lobster dishes – including Lobster Bites, Lobster Scampi, Lobster Bisque and North Atlantic Lobster Rolls.

“Lobster Feast is an exciting time for us at Captain D’s, as we bring the indulgence of lobster that is both delicious and affordable to our guests,” Bob Kraut, Captain D’s Chief Marketing Officer, said in a press release ...

Full Story »

MLMC Debuts ‘Trap to Table’ Series on YouTube to Promote Start of Maine new Shell Lobster Season

SEAFOODNEWS.COM [SeafoodNews] - July 18, 2018

The Maine Lobster Marketing Collaborative (MLMC) is making mouths water with their Trap to Table series on Youtube.

To launch Maine’s new shell lobster season, the MLMC hosted an online broadcast event on Monday with four culinary leaders who discussed what it takes to get a lobster from sea to plate. Well, for those who are unaware of Maine’s sustainable fishing practices, the Trap to Table series brings viewers right onto the water with Maine lobstermen ...

Full Story »

Researchers Develop Method to Breed Moreton Bay Bugs Commercially in Tasmania

SEAFOODNEWS.COM [SeafoodNews] - July 16, 2018

The Institute for Marine and Antarctic Studies’ research on hatchery techniques for bay lobsters – or Moreton Bay bugs – has paid off. Associate professor Greg Smith, the director of the ARC Research Hub for Commercial Development of Rock Lobster Culture Systems, announced that techniques developed for tropical rock lobsters has successfully been applied to Moreton Bay bugs. Thanks to the research, Tasmania will be able to have their very own Moreton Bay buy hatchery.

“There are many biological similarities between ...

Full Story »

Watch the Maine Lobster Marketing Collaborative’s Trap to Table Live Event

SEAFOODNEWS.COM [SeafoodNews] - July 16, 2018

Lobster lovers won’t want to miss this. The Maine Lobster Marketing Collaborative is hosting a “Trap to Table” event live in New York City tonight – and you can tune in!

Dana Cowin, former Editor-in Chief of Food & Wine, is hosting the event, and will be inviting out some special guests to talk about their fishing adventures with Maine lobstermen. The special guests include: Chef Kwame Onwuachi of Washington D.C., Chef Karen Akunowicz of Boston, and Chef Jimmy Papadopoulos of Chicago ...

 

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Optimism Abounds for Canadian Lobsters in China as Tariffs Drop

SEAFOODNEWS.COM [FishFirst] translated by Amy Zhong - July 5, 2018

Foreign suppliers in China are stocking lobsters, preparing for price increases soon, especially with the onset of China’s summer vacation. The prices of live Boston lobsters have already risen slightly in several main markets from June 16 to 23. For example, in Shanghai the price of live lobsters between 450g to 500g each rose from 67 yuan/jin (1 jin=0.5 kg; $20.20/kg USD) to 74 yuan/jin ($22.31/kg USD). Meanwhile, the price of ...

Full Story »

SeafoodNews Podcast: J50; Lobster Prices; Chinese Red Swimming Crab Meat Market Update and More

SEAFOODNEWS.COM [SeafoodNews] - September 17, 2018

This week on the SeafoodNews Podcast hosts Amanda Buckle and Lorin Castiglione discuss J50, the ailing 3-year-old killer whale from the J-pod. Plus, learn more about lobster prices, find out the latest on the Chinese red swimming crab meat market and much more.

This week’s episode is brought to you by Urner Barry’s Seafood Import Workshop, taking place in Boston on Thursday, October 18. The Seafood import workshop is a unique opportunity for businesses to ...

Full Story »

Massive Canadian Buying of Lobster Keeping Prices Steady in Maine, Despite Loss of China Market

SEAFOODNEWS.COM [SeafoodNews] by John Sackton – September 13, 2018

When the China lobster tariffs of 25% went into effect on July 6th, many feared an immediate reaction in Maine leading to lower prices.  That has not happened.

During the January to July period, Maine shipped 3 million lbs of live lobster to China in 2016, 5.6 million in 2017, and nearly 12 million in 2018.  To have such growth suddenly halt is like an airplane aborting a take off ...

Full Story »

Lobster Import Volume Higher While Shrimp Imports Lower in July

SEAFOODNEWS.COM [SeafoodNews] Analysis by Jim Kenny - September 5, 2018

July import numbers were released on Wednesday, and according to the data, the month saw the volume of lobster products imported into the U.S. increase 3.5 percent compared to July 2017. However, the same can’t be said for shrimp.  

Imports of all lobster products in July totaled 10.38 million pounds, a 3.6 percent increase year-to-date. Market Reporter Jim Kenny reports that imports of lobster products from Canada increased 4.5 percent in July; and that imports of cold-water lobster tails are ...

Full Story »

The Lobster Co., in Arundel Maine, Lays Off 25% of its Workers Due to China Tariffs

SEAFOODNEWS.COM [SeafoodNews] by John Sackton – August 30, 2018

Stephanie Nadeau, President of the Lobster Company, said she had to lay off 25% of her workers after orders from China stopped in July, due to tariffs on American Lobsters.

The Company has a location in Canada as well, and can still ship live lobster from its Canadian location in Southwest Nova Scotia.

She told Portland’s WGME TV that "It's really kind of hard to wrap your head around, because it ...

Full Story »

Due to Market Shortage, Boston Lobster Prices Have Increased in China

SEAFOODNEWS.COM [FishFirst] translated by Amy Zhong - August 23, 2018

Boston lobsters were priced at 98 yuan/jin (1 jin=0.5 kg; $14.25/jin USD) in Shanghai last week, while they were sold at about 90 yuan ($13.08 USD) to 94 yuan ($13.67 USD) per jin in Beijing and Guangzhou. Their prices have risen by about 10 percent compared with before. Furthermore, there is shortage of small Boston lobsters in Shanghai, while the inventory is also limited in Beijing and ...

Full Story »

ANALYSIS: Uncertainty Exists Around Lobster Exports to China

SEAFOODNEWS.COM [SeafoodNews] by Liz Cuozzo - August 6, 2018

The recent announcement of the retaliatory tariffs by China has caused much speculation in New England as to how it will affect the lobster industry.  The bottom line is that it is still too early to predict what the fallout will be.  However, the consensus is that it does not bode well for the US market.

The US exported $128 million worth of lobster to China in 2017, which was up 56% from 2016 ...

Full Story »

Lobster Import Volume Lower in June 2018, Still Higher YTD

SEAFOODNEWS.COM [SeafoodNews] by Jim Kenny - August 3, 2018

The volume of lobster products imported into the U.S. declined 4.6 percent in June. Imports of all lobster products in the month totaled 20.47 million pounds, compared to 21.46 million pounds in June 2017. Year-to-date imports now stand 3.6 percent higher.

Imports of lobster products from Canada declined 0.9 percent in June, but remain 5.7 percent higher YTD. The live and in-shell components were higher in June, but meat and prepared declined ...

Full Story »

Senate Once Again Approves September 25 as National Lobster Day

SEAFOODNEWS.COM [SeafoodNews] - July 31, 2018

There is never a bad time to celebrate lobster and Maine's U.S. Senators, Angus King and Susan Collins, are keen to agree. Senators King and Collins have successfully submitted a resolution for September 25, 2018 to be dubbed as National Lobster Day — not to be confused with the pre-existing nationally recognized Lobster Day celebrated on June 15.

This is not the first time that lobster has been honored on September 25. According to National Day Calendar, the September celebration has been occurring since ...

Full Story »

Lay's Releases Lobster Roll Flavored Chips For “Tastes of America” Launch

SEAFOODNEWS.COM [SeafoodNews] - July 19, 2018

Can’t get enough lobster rolls? Don’t have easy access to lobster rolls? Well, Lay’s has you covered. The PepsiCo Frito-Lay chip company has released eight limited-edition flavors – and one of these new flavors is “New England Lobster Roll.”

“Inspired by the lobster shacks of the Northeast, fans can now get the flavor of fresh lobster served on a buttery grilled roll,” the description of the new potato chip flavor reads.

The unique flavor is part of Lay’s “Tastes of America” program ...

Full Story »

Maine DMR Awards $340,000 in Grants for Lobster Research

SEAFOODNEWS.COM [SeafoodNews] - July 18, 2018

The Maine Department of Marine Resources (DMR) announced on Tuesday that they have awarded $340,000 in grants from the Lobster Research, Education and Development (RED) Fund.

The DMR received proposals on research initiatives and awarded six grants for research programs that will “contribute to improved understanding of lobster habitat, stock assessment, monitoring, impacts of management actions on the fishery, and how those can be integrated in a way that informs future management.”

Five of the six awards were for proposals that were submitted by ...

Full Story »

Seafood News Podcast: MLMC's Matt Jacobson Previews NYC Trap to Table Event

SEAFOODNEWS.COM [SeafoodNews] - July 16, 2018

Matt Jacobson, Executive Director of the Maine Lobster Marketing Collaborative joins the Seafood News podcast this week to preview the MLMC's Trap to Table event on July 16. Take a listen to find out more about the event and the MLMC's sustainability efforts.

The Seafood News Podcast is available to download via SoundCloud or iTunes. This episode was sponsored by the Seafood Innovation Expo, taking place at the Mazatlan International Center in Mexico from September 6-7. Visit expoinnovacionayp.com ...

 

Full Story »

Total FDA Refusals Increase Nearly 64% in June 2018

Total refusals of shipments increased 63.9% from June 2017 to June 2018. Year-to-date there are 118 line item refusals ...

 

Full Story »

Summer Reading: Check Out 16 Must-Read Fishing and Seafood Books 

SEAFOODNEWS.COM [SeafoodNews] by Mary Kelly McQuarrie - July 3, 2018

Summer is here and there’s no better way to spend a day on the beach than reading a book you can’t put down. SeafoodNews has compiled a list of top books about seafood and fishing that are bound to catch your attention. Check them out below:

1. Cousins Maine Lobster: How One Food Truck Became a Multimillion-Dollar Business by Jim Tselikis and Sabin Lomac is a business book that follows the journey of cousins whose Lobster food truck became an overnight sensation in Maine. This book came out in April 2018, in just ...

Full Story »