Fri. May 25 2018

New Study Projects Habitat Shifts for 686 Fish Species in the Warming 21st Century


Large Quantities of Sick Shrimp Flood Chinese Markets; Prices Drop in South, East China  


ANALYSIS: Shrimp Margin Contracts Due to Oversupply and Low Prices in U.S. Wholesale Market  


ANALYSIS: NL Live Lobster Prices 14% Lower Than Last Year  


U.S., Canada Begin Columbia River Treaty Negotiations  


Russian Fishery Company Plans New Fish Processor 'Russian Pollock' in the Far East  


SeafoodNews.com Summary Friday, May 25


Thu. May 24 2018

ANALYSIS: Tight Year for Snow Crab Supply; Exports Out Strip Imports in March 2018  


Qingdao Tariff Reduction on Russian King Crab Has Resulted in Higher Demand in China  


New Stock Assessment for Pacific Bluefin Tuna Still Dire


Treaty Politics Fuel Criticism at Sitka Salmon Meeting


New England Council Holds Hearings on Herring Rule Changes, Plenty of Input Offered


118 Organizations Call for More Stringent Tuna RFMO Rules


Nearly 200 NC Fishermen Travel to Raleigh for Second Annual Seafood Lobby Day


SeafoodNews.com Summary Thursday, May 24


Wed. May 23 2018

Thai Union Gets Good Marks from Greenpeace, Both Call for More Companies to 'Step Up'


ENGO Study: ESA-listed Marine Mammals, Sea Turtles Are Recovering


Alaska Sea Grant Helps Southern Catfish Processors Improve Efficiency


New Zealand's Sanford Limited Reports Strong First Half Result, International Markets a Highlight  


SeafoodNews.com Summary Wednesday, May 23


Tue. May 22 2018

Chicken Of The Sea International Resolves Antitrust Lawsuit With Walmart


Long John Silver’s Acquires 76 Franchised Restaurants


Seafood News Podcast: Tilapia Market Update; Sea Lion Warning; Alaska Salmon Season; and More


SeafoodNews.com Summary Tuesday, May 22


Mon. May 21 2018

ANALYSIS: Shrimp Replacement Cost From Indonesia Lower Than India    


Qingdao Plans Construction of 3 More Fisheries Economic Zones, Improving Local Access to  


SeafoodNews.com Summary Monday, May 21


Copper River Sockeye Harvest Below Forecast For Opener, But Kings Look Good


IFFO RS Paves Way for Certification Standard Improvements with MEL Report


Basa Industry Growth Forces Vietnam to Work Through Market, Environmental Challenges  


ANALYSIS: Shrimp Replacement Cost From Indonesia Lower Than India


Fri. May 18 2018

SeafoodNews.com Summary Friday, May 18


Wild Alaska Salmon Season Starts With Alaska Air Cargo Delivering More Than 64,000 Lbs. to Seattle  


Pescanova 5th Largest High Consumption Brand With Greatest Penetration in Spain


WDFW Denies Permit for Cooke Aquaculture to Transport Juvenile Atlantic Salmon Through Puget Sound


Captain D's Triples Loyalty Program Registration with "Text-To-Join" Enrollment Feature


High Crawfish Prices in China Have Consumers Complaining About Costs, Restaurants About Margin


Coastal Villages Delivers Record-Breaking 100,000 Gallons of Heating Oil in 2018


ASMI Celebrates Wild Alaska Salmon Season with Summer Grilling Push  


SmartCatch Wins Rabobank FoodBytes! Award for Sustainable Technology


VIDEO: Right Whale Sighting; Canned Tuna Price Fixing; Royal Wedding Salmon and More


Copper River Opens to Slow Catches, Record Prices  


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Newfoundland's Area 6 Shrimp Quotas Slashed 42%, Inshore Sector Allocated 70% of Harvest 

The total 2016-17 Northern Shrimp quota in Newfoundland's Shrimp Fishing Area 6 was cut 42 percent to 27,825 tons according to Canada's Department of Fisheries and Oceans (DFO). The quota will be shared between the offshore and inshore sectors. Offshore trawlers were allocated 23 percent of the quota while the inshore fleet was given 70 percent of the volume. The remainder of the sharing arrangement for the northern shrimp stock will see almost 4.5 per cent of the quota go to St. Anthony Basin Resources Inc. (SABRI), nearly two per cent to the Innu and about one per cent to Fogo Island shrimp fishermen.

James Iacino, President and CEO of Seattle Fish Co. was named Entrepreneur Of The Year 2016 in the family business category for the Mountain Desert region by Ernst and Young. Iacino is the grandson of Mose Iacino, founder of Seattle Fish Co. and represents the third generation of the family to own and operate the company. “I am humbled and honored for this incredible recognition and proud of our passionate and dedicated team that continue to drive our growth and work hard to sustainably feed people every day,” said Iacino.

In other news, the US restaurant sector saw its second quarter sales fall 0.7 percent in June according to data from TDn2K Black Box Intelligence. Same-store sales in June fell 1.1 percent, compared with flat sales growth during May. Since the beginning of the year, positive sales growth for restaurants was only reported in February.

Meanwhile, Newfoundland scallop harvesters in Grand Bank blocked access to Clearwater Seafoods this morning. The harvesters want answers from the Fish, Food and Allied Workers union and the DFO about access to scallop beds on St. Pierre Bank.

Finally, fishmeal prices in Peru and Chile are down with production up in 2016. In May, prices for Chilean and Peruvian fishmeal were at their lowest levels since 2014. Production from both regions is up this year. Peruvian production is expected to finish the year up 7 percent to 900,000 metric tons according to a Scotiabank report.

Have a great weekend.

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