Thu. May 2 2024

ANALYSIS: March U.S. Shrimp Imports Move Higher  


Peltola Introduces Bristol Bay Protection Act, Permanently Protecting the Area from Pebble Mine


ANALYSIS: 2024 Buying Opportunites Inch Ahead of 2023 for Farmed Salmon  


Seafoodnews.com Summary Thursday, May 2


Wed. May 1 2024

ANALYSIS: Fresh Tilapia Prices Rise as Imports Fall  


The Retail Rundown: Maximizing May’s Buying Occasions


BOEM Announces Offshore Wind Leasing Schedules This Year for Oregon and Gulf of Maine


Russia Begins Preparations for 2025 Salmon Fishing Season  


March Sales of Salmon Roe Products at Tokyo Central Wholesale Markets  


Seafoodnews.com Summary Wednesday, May 1


Tue. Apr 30 2024

Maruha Nichiro Estimates Worldwide Surimi Production in 2023 Reached 800,000 Tons  


Vandal Poisons Young Salmon in Oregon Targeted for Sport and Commercial Fisheries  


Seafoodnews.com Summary Tuesday, April 30


Mon. Apr 29 2024

American Seafoods’ Tim Fitzgerald On The Importance Of Telling The Sustainability Story


ANALYSIS: Blue and Red Swimming Crab Meat Hit 52-week Lows on Special Grade  


2024 Snow Crab Landings Update For NL, Gulf and Maritimes Region As of April 29  


Bering Sea Dungeness Crab Season Opens May 1


Latitude 45 Salmon Candy Targets Growing Demand For Grab and Go Category  


Seafoodnews.com Summary Monday, April 29


Fri. Apr 26 2024

EDITORIAL: From Cartoons to Temporary Tattoos; Finding New Ways To Get Kids To Try More Seafood


Department of Commerce Publishes Amended CVD Determination on Shrimp From Ecuador  


2024 Snow Crab Landings Update For NL, Gulf and Maritimes Region As of April 26  


What Caused Massive Alaska Snow Crab Die-Off? Author of Study Linking Ocean Heat Event Explains  


Wells Fargo: Peter Pan in “Imminent Danger of Insolvency,” Asks Court to Put in Receivership


Russia Expects Fish Exports to Reach US$5.6 Billion This Year


Seafoodnews.com Summary Friday, April 26


Thu. Apr 25 2024

Seafoodnews.com Summary Thursday, April 25


Lobster Fishing Along Canada's Eastern Shore Begins  


Russian Fishmeal Exports in 2023 Increased by 10% to 143,000 Tons, and 80% Went to China


Russian Pollock Roe Auction In Busan Softening Due To Weak Yen And Other Factors  


LIVE! From Seafood Expo Global With InnaSea Media's Emily De Sousa and Bri Dwyer


ANALYSIS: Countervailing Duties Reduction Would Have Significant Impact on Payments  


Department of Interior Announces 12 Offshore Wind Lease Sales Across the Nation Through 2028


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Thai Union Buying Majority Stake in Canadian Lobster Processor Chez Nous 

Thai Union announced another expansion into the North American lobster industry with a deal to acquire a majority stake in Canadian lobster processor Les Pecheries de Chez Nous (Chez Nous). Chez Nous’s lobster operations are based in New Brunswick with a processing facility on the Gulf of St. Lawrence. This is Thai Union’s second major move into the North American lobster industry since February 2015 when it’s subsidiary, Chicken of the Sea Frozen Foods, acquired the assets to Orion Seafood International. “Thai Union’s vertical integration has been a key to our division’s success in the shrimp, tuna, and pasteurized crab categories,” said Chicken of the Sea Frozen Foods President and CEO Bryan Rosenberg. “We are excited about the growth possibilities of a similar relationship in North Atlantic lobster. The partnership between Thai Union and Chez Nous will bring additional expertise and transparency to our customers.”

Vietnam's pangasius exports are up 5.5 percent in value through May this year compared to 2015. Sales to each of Vietnam's top three markets China, the US and the EU are each up this year. Vietnam's exports to China are up a sharp 73 percent in 2016, while its sales to Brazil are also up notably.

In other news, John Sackton writes of how the recent Brexit vote could derail the CETA free trade deal between the EU and Canada. Until recently, this was considered a done deal that would give a significant boost to Canadian exports, particularly of shrimp, lobster and crab. But there are reports that ministers in the EU nations, which are voting to ratify the CETA deal today, do not want to set a precedent where any future deal with England would not require unanimous ratification by all EU parliamentary bodies, which include not only national legislatures but some regional bodies as well.

Meanwhile, Canada is being accused of poorly tracking its fishery management decisions and stock data. The accusations come after a report from Oceana claimed Canada's fish stocks are poorly managed. However, the authors of the report said fishery information--from Canadian management decisions to fish stock data-- was either hard to find or non-exisitent. For instance, researchers said they were only able to get information on 125 of Canada's 165 fish stocks. “It should not be that hard to find management decisions, whether or not something has a management plan and the state of a stock, and it is hard right now,” said Susanna Fuller, a Halifax-based marine biologist and co-author of the Oceana report.

Finally, Cape Seafood, the sister company to Luke's Lobster, is now part of the newly formed Tenants Harbor Fisherman's Co-operative at Miller's Wharf in Maine. This means Cape Seafood and by extension, Luke's Lobster is now a guaranteed buyer for every lobster caught from the co-op's 20 members. Cape Seafood's processing plant in Saco cooks, packages, and ships all of the lobster used at Luke's 19 shacks nationwide.

 

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