Wed. Apr 25 2018

China’s JD.com Commits to BAP at Seafood Expo Global


Open Blue Cobia Sashimi Fillet Wins Seafood Excellence Award At Seafood Expo Global  


U.S. Coast Guard, Good Samaritans Rescue Crew From F/V Midori After Fire Off California Coast


Scottish Seafood Delegation Casts a Wide Net at Brussels Seafood Expo Global


High Liner Named Most Trusted Frozen Fish Brand By Canadian Shoppers


Togiak Herring Underway; Bait Herring Could Be A Better Fishery  


Turkey’s Luckyfish Co. First to Offer 4-Star BAP Mediterranean Sea Bass and Sea Bream  


SeafoodNews.com Summary Wednesday, April 25


Tue. Apr 24 2018

The Global Aquaculture Alliance Moves to Wild Caught Seafood with Its New Partnership with SeaFish


Tyre Lanier, Father of American Surimi, Returns to Alaska with New Ideas


NOAA Confirms Shrimp and Abalone to Be Included in SIMP by December 31    


Mazzetta Latest Company to Join GSSI


Seafood News Podcast: Supreme Crab's Mark Laubner Talks Bobby Flay; Plus 2018 Scallop Plan and More  


ADF&G Gets Small Budget Boost for FY 19  


Daley Bros. Criticized for Failure to Tell Province They Won't Open Trinity Bay Crab Plant


ASC Farmer’s Survey Reveals Benefits of Certification


Sodexo Recommends Students Eat Fish High in Omega-3 Fatty Acids During Finals Season


AFT Holdings Withdraws Investments From U.S. Tuna Fleet


Two Alaska Commercial Fishermen Charged With Harassing, Killing Steller Sea Lions


Live Atlantic Salmon Available in Yantai of Shandong Thanks to Oriental Ocean's Aquaculture  


Australia’s National Measurement Institute Clarifies Policy on Net Weight of Frozen Seafood


Red Lobster Announces New Dishes For Create Your Own Shrimp Trios Event  


Rhode Island Fishing Industry Releases 'Blueprint for Resilience'


Norwegian Salmon Producer Hofseth Invests in BAADER Production Line


SeafoodNews.com Summary Tuesday, April 24


Mon. Apr 23 2018

On Eve of Brussels Show, Russian Pollock Producers Promise Market War in Europe  


Supreme Crab & Seafood Executive Chef Mark Laubner Tells All About His "Beat Bobby Flay" Episode


Northern Cod Fisheries Improvement Project to Aid in Understanding of Stock Components  


DFO announces Newfoundland Shrimp Quotas with further cut in Area 6  


Upper Cook Inlet’s Commercial Herring, Smelt Fisheries Pay Big Bucks to Fishermen  


Guangxi Designates Trains to Deliver Seafood from ASEAN Countries to Northern China  


Oregon Sens. Wyden, Merkley Call on Administration to Maintain Funding for Sea Grant Programs


CDFW Opens More Northern Area to Rock Crab Fishing in California  


Another Study Shows How Eating Fish Supports Brain Health, Prevents Parkinson's


Hunchun City Develops Seafood Resources to Become Distribution Hub for NE Asia  


Research Models How Deadly Virus Moves Among Columbia River Salmon, Trout  


SeafoodNews.com Summary Monday, April 23


Fri. Apr 20 2018

Coastal Villages Fund Sponsors New Report to Reopen Question of Fish Allocations Among CDQ Groups


Jackie Ventola Attorneys Claim Jail Sentence Would Lead to Demise of National Fish


A Short History of National Fish and Seafood, as Described by Jack Ventola Attorneys


China, Norway Work On Better Seafood Trade Relations, More Direct Flights  


VIDEO: British Sustainable Seafood; Houston Restaurants Caught; Norovirus Outbreak; Scallop Plan


SeafoodNews.com Summary Friday, April 20


Portion of Louisiana Offshore Waters Opening April 24 For Shrimp Season  


Florida Keys 'Who Caught It?' Campaign Aims to Stop Seafood Fraud


South Australian Sardine Fishery Begins Assessment For MSC Certification  


Norwegian Government Rejects Marine Harvest's Cargo Ship Fish Farm Concept  


Earth Day: What's Trashing Our Oceans?


Norwegian Seafood Council Launches "Seafood From Norway" Quality Logo  


Thu. Apr 19 2018

SeafoodNews.com Summary Thursday, April 19


NOAA Gives Final Approval to 2018 Scallop Plan Which Will Result in 60 Million Lb. Harvest  


New ISSF Report Gives Tuna Purse Seine Fleet Recipe For Becoming MSC Certified


Novia Scotia Lobstermen Seeking Response From DFO on Industry-Led By-Catch Monitoring Program  


Hawaiian Businesses Could Lose Billfish Sales to Mainland Under Proposed Federal Bill  


Opinions Far Apart on Upcoming Newfoundland Northern Cod Quota; With Decision Up to Minister  


Herring and Smelt Fisheries at Cook Inlet Fetch Nice Prices  


NFI Red Crab Council Implementing First FIP in China Thanks to New MoU With CAPPMA, O2


Newfoundland Keeps its Lobster Price Formula for Another Year, in Victory for Harvesters  


UK Aldi's Offer Largest Percentage of Sustainable Seafood


Ice Still Holding up Crab Fishery Around PEI and New Brunswick  


Wed. Apr 18 2018

SeafoodNews.com Summary Wednesday, April 18


Sustainable Shark Alliance Condemn Fin Ban, Push For Sustainable Shark Fisheries and Trade Act  


Senator John Kennedy Wants President Trump to Add Chinese Crawfish, Shrimp to Tariff List  


US Gulf of Maine and Georges Bank Waiting on MSC Final Consultation for Haddock, Pollock and Redfish  


INTERVIEW: Aqua Industry Must Adapt to Deceleration, Says BioMar VP


Increase in Ukraine's Fish Imports Likely to Lead to Pollock, Whiting Opportunities for US  


Price Quotations for Alaska 5-8 Snow Crab Restarted by Urner Barry for First Time Since 2016  


Seafood Volume Sales Flat, But Bright Spots for Fresh Shrimp, Scallops and Flounder  


NOAA Tells NE Management Council That Sectors 7 and 9 Plans May Not be Approved Until Mid-Summer


Seafood Companies in Zhejiang Developing New Markets at Home and Abroad  


CPF Acquires 40% Stake Brazil's Camanor for $17.5 million; Company Leads Shrimp Innovation in Brazil  


Ross Hails NMFS Transfer of Red Snapper Management to States, Ocean Conservancy Not As Thrilled


Memorial Service Remembers Wilburn Hall, Pioneer in Dungeness and King Crab, who Died at 98


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Some Newfoundland Snow Crab Plants Attempting to Settle with Japanese at $6.95 FOB St. John’s

Major Newfoundland snow crab packer Quinlan Bros. announced their first contract with Japanese buyers. The company has agreed with Maruha Nichiro on a first order for 1000 tons, packed to Japanese specifications, at a price of $6.95 FOB St. John’s. The Quinlan Bros. now have a state-of-the-art plant since rebuilding the Newfoundland facility after a fire razed the plant just before the start to the snow crab season last year. The destruction of the plant created a chaotic situation in the snow crab market last year as Japanese buyers had to scramble to fill orders that they thought were solid. There are several other major plants in Newfoundland that have agreed to sell at this same price, but as of press time, no additional contracts have been publicly announced. There certainly is a strong desire for more orderly Japanese purchasing this year, on the part of both crab producers and their major Japanese partners writes John Sackton.

Record high prices for many popular seafood items in the US market are likely to support more shrimp consumption in 2017 given the item's relatively stable price and a strong supply outlook.A look at Urner Barry quotations show high market prices for salmon, snow crab, king crab and mahi-mahi. Compared to these other seafood species, the shrimp market represents a value and could be used as a replacement item on restaurant menus and among retailers.

In other news, the normalization of trade relations between China and Norway has salmon producers in Norway looking to expand sales to the Chinese market. The industry is looking for new markets and new ways to boost margins. One such example is Marine Harvest cooperation with Alibaba Group Holding Ltd., China’s biggest e-commerce company, to sell salmon online. “China is too big to ignore,” Hogne I. Tyssoy, portfolio manager of the Holberg Triton fund, said “Now when it’s opening again, Norwegian seafood has an exciting future in China.”

Meanwhile, Indian shrimp exports are likely to benefit from lower duty rates the US Department of Commerce preliminarily announced in March. The 1.07 percent country-wide rate would result in some refunds for several exporters if finalized. "Because of the duty being lowered, a lot of major exporters will stand to get duty refunds which will be a big boost for the exports," said Rajen Padhy, director general of Utkal Chamber of Commerce and Industry and a seafood consultant.

Finally, Red Lobster continues to expand to international markets. It has built 21 restaurants internationally since its spun off from Darden Restaurants in 2014. The company has expanded to Mexico, Ecuador and Saudi Arabia among other markets. Red Lobster hasn't built a new restaurant in the US over two years and doesn't have any immediate plans for new American locations.

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