Alaska’s Silver Bay Joins GSSI as Funding Partner

The Global Sustainable Seafood Initiative (GSSI) recently announced that Alaska-based Silver Bay Seafoods joined GSSI as a Funding Partner. 

“Sustainable fishery management is critical to the success of our fishermen, and company, and the enduring strength of our partnerships with fishermen, communities, and industry across Alaska,” the company said in a statement yesterday. “Silver Bay Seafoods is enthusiastic about this new partnership with GSSI. The GSSI benchmark plays a critical role in seafood certification by extending formal recognition to robust, effective, and credible seafood certification programs...

Silver Bay Partners with BBEDC to Purchase Former Icicle Stake in OBI Seafoods

Silver Bay Seafoods is set to acquire a stake in Alaska seafood processor OBI Seafoods, purchasing the share previously owned by Icicle Seafoods, a subsidiary of Canadian seafood giant Cooke.

The deal involves a partnership between Silver Bay and the Bristol Bay Economic Development Corporation (BBEDC), which acquired a 50% stake in OBI (previously Ocean Beauty Seafoods) in 2007. Silver Bay will also garner more processing power within the wild Alaska salmon sector.

BBEDC and Silver Bay said that the partnership...

PODCAST: Silver Bay To Acquire Another Trident Facility; Red Lobster Brings Back Crabfest and More

Join Seafoodnews Podcast hosts Amanda Buckle and Lorin Castiglione as they talk about the big stories from the last week, including Silver Bay’s acquisition of Trident’s False Pass facility and the return of Red Lobster’s Crabfest. Plus, find out what fish is making a splash in Major League Baseball.

Proposed Consent Decree on Silver Bay and Peter Pan Wastewater Case Up for Public Comment

A civil action against Peter Pan Seafoods and Silver Bay Seafoods for violations of Section 309 of the Clean Water Act (CWA) that occurred as far back as 2017, has been resolved by a proposed consent decree and is up for public comment before final court actions.

The seafood processors are charged with violating section 301(a) of the Clean Water Act, 33 U.S.C. 1311(a), by violating the permit conditions and limitations of the National Pollutant Discharge Elimination System (NPDES) permits issued to...

Rodger May Wins Auction for Peter Pan’s Western Alaska Assets; Silver Bay Wins Back-Up Bid

In a series of events that rival a Hollywood thriller, over the course of five months Peter Pan Seafoods has shut down all operations in Alaska, Silver Bay Seafoods has purchased or leased key facilities just in time for the 2024 salmon season, Wells Fargo Bank asked that Peter Pan be put into a receivership, $27 million of Peter Pan’s frozen seafood assets were sold to Silver Bay, and yesterday the remaining assets were auctioned off to Rodger May, both a co-owner ...

Silver Bay Seafoods to Buy Trident Seafoods' False Pass Facilities

On Friday Trident Seafoods and Silver Bay Seafoods announced an agreement for Silver Bay to purchase Trident’s False Pass processing facility and fuel business on the Alaska Peninsula. It is the second purchase by Silver Bay in an area where they already own a plant and process salmon.With this purchase, Silver Bay will be processing salmon at plants in Southeast Alaska (Craig, Sitka, Ketchikan); south-central Alaska (Valdez), Kodiak, Bristol Bay (Naknek), and the Alaska Peninsula (False Pass) this season.

Acquiring the Valdez plant in Prince William Sound and the ...

Silver Bay Seafoods, Channel Fish and More Win Latest USDA Seafood Purchase Requests

Earlier this month the USDA issued a handful of bid invitations for seafood products, including catfish, salmon and walleye, and Alaska pollock. While offer invites for the Alaska pollock products ends today, the USDA has already announced the winners for the catfish, salmon and walleye products.

Looking first at catfish, the bid invitation from the USDA went out on May 2. The bid was for a total of 392,000 lbs of catfish products for use in domestic food distribution programs, including unbreaded raw fillets and...