Search Results For:

Start:  
End:  
  Search Title?
  Search Article?
  Search Tags?

The search returned 23 results.

Nov 13 - Zoneco Says 80 Percent of Scallops Found Dead; Cause Unknown


Oct 31 - In Court Ruling on Right Whales, Good News for Scallop Fishery


Oct 22 - Japanese Delegation Markets Buri Yellowtail, Scallops in France


Oct 21 - Maine Announces Opening of Scallop License Lottery


Oct 11 - Russia Plans to Increase its Seafood Imports from Latin America in Wake of EU Embargoes


Aug 30 - Zhangzidao Blames Losses on Yesso Scallops; Shifts Attention to Other Seafood Products


Aug 29 - Guolian Enjoys a Revenue Increase; Development Projects Reduce Net Profits


Jul 19 - Zhangzidao Fined After Third Scallop Failure; Public Confidence Drops Amid Company's Defense


Jul 9 - Alaska Fishing Updates for July 2019


Jun 28 - ANALYSIS: Unsettled Scallop Market


Jun 26 - Alaska Scallop Fishery Opens July 1


Jun 21 - UrnerBarry's Summer 2019 Reporter Issue Released; Read It Online For Free Now


Apr 10 - Zhangzidao Report Shows Loss in First Quarter 2019 Due to 2018 Scallop Disaster


Mar 26 - China Boosts the Development of Canada’s Seafood Industry


Mar 25 - Kodiak Man Dives Into Scallop Fishery


Feb 22 - VIDEO: Ocean Beauty & Findus; Wendy’s Cod Sandwich; Trident Target of EPA Fine; and More


Feb 21 - Lund’s Fisheries Hires Seafood Veterans for Sales, Customer Service


Dec 14 - NMFS Releases Latest Fisheries of US Report; Alaska On Top for Volume, Value


Dec 10 - UMass Dartmouth Continues Video Surveys on Georges Bank with Industry Support


Dec 10 - LISTEN: Seafood Retail Features Analysis; 2019-20 Scallop Plan; Thai Union's Lobster Lab and More


Dec 6 - NE Council Finalizes 2019-20 Scallop Plan, Landings Will be 60 Million lbs or Higher


Dec 5 - ANALYSIS: Will Retail Features Keep Increasing Heading into the Holiday Season?


Nov 30 - ANALYSIS: Japanese Exports Affecting Canadian Scallops; U.S. Market Unsettled


Upcoming Events cal

Titter UB Shop Youtube Facebook
Contact

Urner Barry
P.O. Box 389
Toms River, NJ 08754
732-240-5330



Advertising

Janice Schreiber
732-240-5330 ext. 280
janice@urnerbarry.com

Frank Scancarella
732-240-5330 ext. 228
fscancarella@urnerbarry.com


Editorial

Amanda Buckle
Managing Editor
1001 Corporate Circle
Toms River, NJ 08755
732-575-1983
abuckle@seafoodnews.com

Susan Chambers
Associate Editor
SeafoodNews.com
541-297-2875
susanchambers@seafood.com

Peggy Parker
Associate Editor
PO Box 872
Deming, WA 98244
360-592-3116
peggyparker@seafood.com

Ryan Doyle
News Assistant
1001 Corporate Circle
Toms River, NJ 08755
732-240-5330 ext. 275
rdoyle@urnerbarry.com

Support and Questions
1-800-443-5330
support@seafood.com

Subscription Info
1-800-932-0617
sales@seafood.com

Terms

License Agreement

Zoneco Says 80 Percent of Scallops Found Dead; Cause Unknown

China-based Zoneco announced 80 percent of its scallops had died due to “unidentified” reasons. The massive die-off was found on a farm in the sea between China and Korea, according to a statement sent to the Shenzen stock exchange.

Listed as Zhangzidao Group on the exchange, Zoneco is currently assessing the situation, however, the company said the cause of death is thought to be natural.  According to Bloomberg, the value of the affected scallop is valued at $43 million...

Full Story »

In Court Ruling on Right Whales, Good News for Scallop Fishery

A federal district court ruled this week the National Marine Fisheries Service (NMFS) violated both the Endangered Species Act and Magnuson-Stevens Act in allowing gillnet fishing in areas frequented by right whales. The Fisheries Survival Fund was a defendant-intervenor in the case and the ruling contained good news for the scallop fishery.

At issue are provisions in Omnibus Habitat Amendment 2, which updated the network of closed areas and habitat protections off the coast of New England. The suit, filed by the Conservation Law Foundation and Earthjustice, alleged the ...

Full Story »

Maine Announces Opening of Scallop License Lottery

Maine’s Department of Marine Resources (DMR) announced the opening of two scallop licenses lotteries. One is for the scallop drag licenses and another for scallop dive licenses.

The DMR said that due to licenses that were retired in 2018, six scallop drag licenses, and 4 scallop dive licenses will be available for the 2019-2020 season.

Applicants can enter the lottery online at http://www.maine.gov/scalloplottery. There is an option to complete a paper application as well. Find that here.

The DMR said: "It is the responsibility of the applicant to determine their eligibility..."

Full Story »

Zhangzidao Blames Losses on Yesso Scallops; Shifts Attention to Other Seafood Products

According to Zhangzidao’s August performance report, the company’s revenue has dropped by 8.53% to 1.288 billion yuan (~ USD $180 million) within the first half of 2019 compared with the same period last year. And its net profit attributable to shareholders, excluding non-recurring items, has plummeted by 454% to -33.37 million yuan (USD -$4.7 million).

Such losses are primarily due to a great reduction in its yesso scallop harvest, according to the report. Scallop output is reported to have declined by...

Full Story »

Zhangzidao Fined After Third Scallop Failure; Public Confidence Drops Amid Company's Defense

According to a recent announcement from Zhangzidao, the China Securities Regulatory Commission has cited the company for financial fraud, material weakness in internal control and untimely information disclosure. Shortly after this, its share price continued to drop to lower levels.

The company has received a warning from the CSRC and must pay a fine of 600,000 yuan (~$87,270 USD), while its president, Wu Hougang, received a fine of 300,000 yuan (~$43,600 USD) and he might be banned from the...

Full Story »

ANALYSIS: Unsettled Scallop Market

Heading into the fourth month of the 2019 Atlantic sea scallop season, the current market is quite unsettled. U10 landings are still abundant, however slightly less than the volumes we were seeing a few weeks ago. Of this volume, there is a very limited amount of A+ quality, with the majority of the product falling below that. 

With a healthy supply of product, producers are able to act more competitively, offering enticing discounts in an effort to gain a larger share of the market. However, those that hold the limited higher quality product are...

Full Story »

UrnerBarry's Summer 2019 Reporter Issue Released; Read It Online For Free Now

reporterA brand-new issue of UrnerBarry's Reporter is out now! The Summer 2019 issue is the annual market analysis edition, and just like previous years, the magazine is jam-packed with need-to-know information.

On the seafood side of things check out analysis pieces on the….

Shrimp Market: U.S. imports record volume of shrimp in 2018, prices feel pressure

Lobster Market: Life after the 25% Chinese tariff

King and Snow Crab Markets: King crab down 17% at retail; Unprecedented spread between...

Full Story »

China Boosts the Development of Canada’s Seafood Industry

China has become a huge and lucrative market for many worldwide seafood suppliers, including Canada. As statistics show, this Asian country has become the second largest importer of live lobsters from New Brunswick, Canada. Thanks to foodies from China, the county’s seafood trade is said to have jumped from $20 million in 2015 to $100 million in 2017.

Apart from greater seafood sales, lobster lovers from China have also helped raise salaries of locals and expand processing capacity. Some Chinese businessmen have built lobster processing plants in ...

Full Story »

VIDEO: Ocean Beauty & Findus; Wendy’s Cod Sandwich; Trident Target of EPA Fine; and More

Watch the latest Seafood News Weekly Recap with host Amanda Buckle. This week on the video we talk about Ocean Beauty Seafoods partnering with Findus; Wendy's North Pacific Cod Sandwich; Trident being targeted by the EPA; and NOAA setting specifications for fishing year 2019.

This video is sponsored by the Urner Barry Executive Conference, now the premier event for the seafood industry. The Executive Conference, taking place at the Bellagio in Las Vegas from April 28th to the 30th...

Full Story »

NMFS Releases Latest Fisheries of US Report; Alaska On Top for Volume, Value

Alaska topped the U.S. in commercial fisheries landings and value in 2017, according to the latest Fisheries of the United States 2017 report released this week by NOAA.

While Alaska's 6 billion pounds of landings generating $1.8 billion led the nation, fishing and seafood consumption increased across the board last year. Landings and value of U.S. fisheries continued a strong, positive trend, according to NOAA. Fishermen landed 9.9 billion pounds of fish and shellfish in 2017, while the U.S. imported 5.9 billion pounds of seafood, up 1.6 percent.

Given the increases in ...

Full Story »

LISTEN: Seafood Retail Features Analysis; 2019-20 Scallop Plan; Thai Union's Lobster Lab and More

Join Seafood News staff writer Amanda Buckle and Urner Barry seafood market reporter Lorin Castiglione for a new episode of the SeafoodNews Podcast. This week on the podcast we take a look at seafood retail features, discuss the 2019-20 scallop plan, talk about Thai Union's Lobster Lab and much more.

This week’s episode is brought to you by Urner Barry’s Reporter, the quarterly newsmagazine for the food industry professional packed with the latest industry headlines, analysis and trending articles...

Full Story »

ANALYSIS: Will Retail Features Keep Increasing Heading into the Holiday Season?

After the traditionally slow pre-Thanksgiving period for seafood promotions, things look to come back with a roar for the holidays. Most of the major seafood retail items, except for salmon and tilapia, are trading at lower prices than last year in December. And both salmon and tilapia have positives that may support more retail promotions over the holidays. For salmon, it is the higher prices of whitefish, that make it a more attractive staple. For tilapia, it is the heavy buying ahead of Chinese tariffs that...

Full Story »

Japanese Delegation Markets Buri Yellowtail, Scallops in France

A group of Japan Fisheries Association and the Japan Aquatic Products Export Council representatives promoted Japanese buri yellowtail and scallops in France earlier this month.

They traveled to the A4 Seafood Pavilion at Rungis market in France on a cold morning of October 2, after arriving at midnight.

World Sushi Skills Institute Director General Mr. Hirotoshi Ogawa, also a chef in charge of the World Sushi Cup, stood behind a long table provided by local seafood wholesaler R&O. Semi-dressed buri yellowtail and shucked scallops had been delivered from...

Full Story »

Russia Plans to Increase its Seafood Imports from Latin America in Wake of EU Embargoes

Russia plans to significantly increase imports of fish and seafood from the Latin American region within the next several years.

Senior state officials of the Russian Ministry of Agriculture and industry analysts made those statements during the WorldFood 2019 expo, one of the most important annual events in the European food and drink industry.

According to them, Latin America is expected to be the major fish and seafood supplier to Russia in ...

Full Story »

Guolian Enjoys a Revenue Increase; Development Projects Reduce Net Profits

According to a performance report Guolian released this month, the company’s revenue has risen by 13.75% to reach about 2.49 billion yuan ($347.8 million USD) during the first half of 2019 compared with the same period last year. Though its net profit attributable to shareholders has plummeted by 93.58% to around 10.76 million yuan ($1.5 million USD) due to the company’s greater investment in development and expansion, both the company and shareholders will likely benefit from such investments in the long run.

The company has spent much effort developing...

Full Story »

Alaska Fishing Updates for July 2019

This is Alaska Fish Radio. I’m Laine Welch – Salmon and so much more fishing is going on across Alaska.

There’s lots of salmon fishing left to go but right now, except for strong showings of pink salmon at the Alaska Peninsula and sockeyes at Bristol Bay, on and off catches range from lackluster to well below average in most other regions.

The fleet is slamming the reds at Bristol Bay where five million sockeyes were taken over the weekend bringing the Bay total by Monday to over 22 million...

Full Story »

Alaska Scallop Fishery Opens July 1

This is Alaska Fish Radio. I’m Laine Welch … One of Alaska’s most exclusive fisheries gets underway on July 1 – weathervane scallops.  Just two boats take part in the fishery which spans from Yakutat to the Bering Sea.

“It’s pretty specialized. It’s not something you can get into easily. A fair bit of institutional knowledge and also specialized gear.  Lots of people have some Tanner crab pots lying around their back yards but not many have a 15 foot New Bedford scallop dredge in their back yards...

Full Story »

Zhangzidao Report Shows Loss in First Quarter 2019 Due to 2018 Scallop Disaster

Recently Zhangzidao made headlines again with its yesso scallops. According to the company’s report, it has suffered a loss between 40 million and 45 million yuan (~ $6 million to $6.7 million USD) during the first quarter of 2019. It is said the loss is a result of the marine ranch disaster last year, which took a toll on the qualities of its seafood, mainly yesso scallops. Seafood qualities and output dropped, but the company's cost rose to higher levels...

Full Story »

Kodiak Man Dives Into Scallop Fishery

With regards to scallops, Tom Minio could accurately be described as erudite.

On Thursday afternoon, Minio sat in the galley of his vessel, the Provider, explaining what makes the best product, while the metallic screeches of boat work drifted in from other parts of the vessel.

"The market really loves the big stuff, which I don't understand. I don't like eating big scallops," he said. "It's just like old halibut, you know: the bigger they are, the older they are and the tougher they are...

Full Story »

Lund’s Fisheries Hires Seafood Veterans for Sales, Customer Service

Lund’s Fisheries is welcoming some new faces to their sales and customer service teams. The Cape May, New Jersey, based company announced on Wednesday that they have hired seafood veterans Jeff Lang and Donna Pimental.

Lang will be joining Lund’s Fisheries as a member of their Sales and Marketing team. With over 30 years of experience in the industry, Lang brings “extensive scallop sourcing knowledge to his role.”

“Jeff’s expertise in scallop imports is recognized throughout the seafood business, and we look forward to his input in expanding our...

Full Story »

UMass Dartmouth Continues Video Surveys on Georges Bank with Industry Support

Researchers at UMass Dartmouth’s School for Marine Science & Technology (SMAST) are once again working with the fishing industry to address conservation issues related to bycatch of yellowtail flounder.

In early November SMAST researchers conducted a week-long survey with a focus on yellowtail flounder. The survey, which was last conducted in the areas in the fall of 2016, revealed the greatest abundance of skates, red hake, haddock, scallops, and dogfish. Meanwhile, researchers caught an average of 42 yellowtail flounder per tow based on a total of 25 tows...

Full Story »

NE Council Finalizes 2019-20 Scallop Plan, Landings Will be 60 Million lbs or Higher

The New England Fishery Management Council has finalized the scallop plan for 2019-20, the fishing year beginning on April 1st.

NMFS staff estimates that catches will be similar to this year, which are expected to be around 60 million lbs.

However, the plan adds one additional closed area trip for each of the approximately 310 full time vessels in the fishery.  At 18,000 lbs per trip, this has the potential to increase landings by around 5.5 million lbs...

Full Story »

ANALYSIS: Japanese Exports Affecting Canadian Scallops; U.S. Market Unsettled

Premiums are developing in the Canadian sea scallop market as approximately 95% of the offshore quota has been caught. Frozen inventory levels are not as abundant compared to previous years and one factor contributing to this are fewer exports from Japan into Canada.

This past year, while Japan harvested the same number of scallops as expected, the harvest was of a smaller size, attributing to about 25% less product available for export. Less exports, paired with strong domestic demand in Japan ...

Full Story »