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

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


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


ASMI Celebrates Wild Alaska Salmon Season with Summer Grilling Push  


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


SmartCatch Wins Rabobank FoodBytes! Award for Sustainable Technology


Copper River Opens to Slow Catches, Record Prices  


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


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


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


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


SeafoodNews.com Summary Friday, May 18


Thu. May 17 2018

Chris Lischewski, CEO of Bumble Bee, 4th Individual Indicted for Price Fixing in Tuna Industry


Russia Says Volume of King Crab in Barents Sea May Equal Far East in a Few Years; Cod Catches Drop  


Copper River Fleet and Processors Partner with ADF&G to Buy ARIS Sonar Counter


Bristol Bay Sockeye Fishery Trending Upward on Quality and Value


NOAA's Says 91% of Stocks Not Subject to Overfishing, Did Record Number of Assessments in 2017


Cousins Maine Lobster Opening First Brick and Mortar Franchise Location in Tennessee  


NOAA Warns Fishermen Not to Shoot Seals or Sea Lions


Pacific Marine Expo Gets Sidelined by Seattle Seahawks Football Game


NOAA Announcing Findings From 2017 Status of U.S. Fisheries Report Thursday Afternoon


EU's Ocean Plastics Lab Coming to Washington National Mall


Leigh Habegger Joins Seafood Harvesters of America as Their New Executive Director


Land Based Fish Farm Being Built in South Africa  


SeafoodNews.com Summary Thursday, May 17


Wed. May 16 2018

Oregon District Court Judge Throws Out Last Anti-Trust Lawsuit Against Pacific Seafoods


China Submerges First Salmon Cage Off Qingdao; Industry Hopes it Will Help with Salmon Shortage  


ADF&G Budget Increase of $1 Million Survives Legislative Process


Negotiations Underway for Renewal of Pacific Salmon Treaty Amidst Pressure of Declining Stocks


Bristol Bay Salmon Fishermen Set Record for Chilling Their Fish  


Red Lobster Expands Sustainability Efforts with Monterey Bay Aquarium Seafood Watch Program Partners


Companies and Chains Cash in on Prince Harry and Meghan Markle's Royal Wedding  


Amazon Opening 2 More ‘Amazon Go’ Convenience Stores


Sysco Highlights Their Return to National Restaurant Association Show


Save the Date: Pacific Marine Expo Will Be November 18- 20, 2018 in Seattle


SeafoodNews.com Summary Wednesday, May 16


ANALYSIS: Surge of Canadian Halibut Pushing Prices Down to Five Year Low  


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EU Inspecting Mekong Shrimp Exporters for Possible Transshipment of Indian Shrimp Through Vietnam

Vietnam's Ministry of Trade confirmed that EU inspectors examined several shrimp exporters in the Mekong Delta under the suspicion that Indian shrimp is being transshipped to the EU market through Vietnam. Currently, EU import tariffs for Vietnam's shrimp are much lower than those for India. Particularly, the tariff for unprocessed shrimp imports from Vietnam is 4.2 percent, compared to 12 percent for India. For semi-processed shrimp, Vietnam's tariff is about 7 percent while India's is 20 percent. Officials with the EU said they will raise Vietnam's tariff rates for its shrimp shipments if transshipping is detected.

Fortune International has acquired the assets to online seafood distributor Lobster Gram in a deal that expands Fortune's market reach to consumers across the country. “I have always admired Lobster Gram and how [Lobster Gram founder Dan Zawacki] successfully started a live Maine lobster home delivery company from his parents’ garage, now that is entrepreneurship,” said Sean J. O’Scannlain, Fortune International’s President and CEO. “We have always considered entering the e-commerce business given the growth potential and what better way than with an icon like Lobster Gram that shares our commitment to quality service and products.” This is Fortune’s first acquisition of 2017 but just the latest deal that the Bensenville, Illinois-based seafood distributor has made since 2012. Fortune purchased JDY Gourmet in 2012, Chef Martin Old World Butcher Shop Sausage in 2014 and Coastal Seafoods of MN in July of 2016.

The retail market for Bristol Bay sockeye is looking good again this year because of a large push to chill majority of the fish and sell it as a premium product. Last year harvesters set a record volume for the amount of raw material they chilled. "This is huge for the retail potential of Bristol Bay," said Rebecca Martello, the association's executive director. "The fleet is making great strides to ensure Bristol Bay is a quality product and this definitely ties into all aspects of marketing and making Bristol Bay the premium brand we know it to be."

In other news, Chinese tilapia production was flat and the value of its exports fell last year. The industry says its needs to do a better job of developing more international markets to boost sales. In order to do this, producers and processors are being encouraged to increase overseas marketing efforts, develop more competitive brands and increase the quality of the fish.

Finally, the eight percent tariff on Canadian live lobster shipped to Europe will immediately disappear when the free trade deal known as CETA is signed, which could happen as soon as May 1. This coincides with the spring lobster season opener in P.E.I. "For the lobster sector it will mean tariff free access to 27 countries in Europe over the next number of years," said Geoff Irvine, executive director of the Lobster Council of Canada. "[That] will give us, hopefully, an advantage in that market as we compete against other seafood products and other proteins in a market that has 500 million people."

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