Thu. Oct 24 2024

Captain Fresh Selects Bankers Amid Prep for 2025 IPO


Bristol Bay Red King Crab Harvest “Very Good” Says Fleet


Scotland's Largest Salmon Producer Faces Massive Fish Die-Off Amid Rising Sea Temperatures


WCPO Skipjack and North Pacific Albacore Tuna Fisheries Achieve Major Sustainability Milestones


Last Year the North Atlantic Right Whale Population Increased to 372. Then 2024 Happened.


NETUNO Launches Fishery Improvement Project to Boost Sustainability of Indian Squid Fisheries


Japan: August Salmon Imports Up 25%, Frozen Coho Tripled


Finnish Aquaculture Firm Lands Investment from Mitsubishi Corporation


NBPA Urges BOEM to Reconsider Offshore Wind Plans to Protect Vital Scallop Fishing Areas


Red Lobster Adds to Exec Team with New Chief Marketing Officer


Royal Greenland CFO to Step Down After 17 Years in the Role


Young’s Seafood Revitalizes Scampi Line, Aims to Boost Frozen Seafood Sales


SFP Toolkit Offers Over 80 Resources to Drive Sustainable Aquaculture Feed Practices


Aquaculture Industry Supplier FiiZK Lands Contract for Pair of Fish Cages in Norway


Akaroa King Salmon Achieves World First with Innovative Blue Impact Feed by BioMar


Bob Baker Named CFO of Red Lobster Amid Company’s Turnaround Efforts


Seafoodnews.com Summary Thursday, October 24


Wed. Oct 23 2024

DOC Issues Final Antidumping, CVD Rates for Shrimp Imports from Ecuador, Indonesia, India, Vietnam


Food Poisoning Outbreak at Maryland Seafood Distributor Linked to Employee-Prepared Meal


Testing Finds Another Shrimp Festival Selling Imported Product as Wild-Caught Gulf Shrimp


The Retail Rundown: Tuning in to Turkey


UK’s Seafish: Signs of Recovery in Trade, Consumer Confidence After Five Tough Years


NOAA Issues Biological Opinion on Arthur Kill Terminal Project


Seafoodnews.com Summary Wednesday, October 23


Tue. Oct 22 2024

ASMFC Halts New Lobster Gauge Requirement Amid Market Concerns


ANALYSIS: Peruvian Fishmeal and Fish Oil Prices Drop Sharply in September


EU Council Sets New Catch Limits for Baltic Sea: Increases Herring Quotas, Cuts Cod and Salmon


Russia Faces Surge in Fish and Seafood Prices Amid Rising Production Costs


After Three Tense Days Near Unalaska, Pan Viva and Its Cargo of Fuel Arrives in Washington


AKVA Group Lands Deal to Build New Cermaq Chile Facility


Seafoodnews.com Summary Tuesday, October 22


2024 U.S. Presidential Election: Understanding the Impact on Global Commodity Markets


Mon. Oct 21 2024

2024 Wild Salmon Season: Unraveling the Causes Behind Declining Landings


Lobsters on the Move: UMaine Study Uncovers Major Habitat Shifts and Population Decline


New Legislation Seeks to Amend Magnuson-Stevens Act, Address Economic Causes of Fishery Disasters


Japanese Tuna Fishery Company Calls for Import Restrictions on IUU Farmed Tuna


ICFA Pushes for Fisheries’ Inclusion in Biodiversity Framework at International Conference


Acme Smoked Fish Expands Brooklyn Office Footprint with New Headquarters Lease


Strike to Halt Operations at Brazilian Ports on October 22


Seafoodnews.com Summary Monday, October 21


Fri. Oct 18 2024

Canadian Court Shoots Down FFAW’s Push to Suspend 2024 Northern Cod Decision


Scientists Recommend Zero Capelin Fishing in Barents Sea for First Time Since 2021


First Salmon Returns to Klamath River System Shortly After Dam Removals


Spain’s AGAC Becomes First to Land MSC Certification for All Tropical Tuna Stocks


Gulf Menhaden Population Confirmed Healthy


Seafoodnews.com Summary Friday, October 18


Americans’ Appetite for Fresh Foods Drives Consolidation in Convenience Stores


Thu. Oct 17 2024

Top EU Seafood Group Says Seafood Is Key to Europe’s Current Diet and Future Protein Needs


Seafoodnews.com Summary Thursday, October 17


Skretting: Committed to Growth of RAS Segment in Japan


Kona Tuna Finds Success in the Product’s Biggest per Capita Consumer Market


New Ownership for Skaginn 3X as KAPP Skaginn Takes Over Assets in Bankruptcy Deal


Illegal Fish Sales: Alabama Seafood Businessman Guilty of Violating Lacey Act in $250K Case


Connecticut Fisherman Sentenced for Tax Evasion


Japan: 2023 Frozen Trout Imports Fell Below 6000 Tons, First Time Since 1988


Whole Foods Forecasts 2025 Food Trends with a Splash of Seafood Innovations


NOAA Announces $2 Million Investment to Enhance Red Snapper Management in the Gulf of Mexico


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Indian Shrimp Imports to US Up 20 Million Pounds from 2016; Accounts for 25% of Q1 Volume

The volume of Indian shrimp imported into the US market in the first quarter of the year exceeded 2016 levels by about 20 million pounds. Indian shrimp now represents more than a quarter of all imported volumes in the US market this year. According to shrimp import date from the US Department of Commerce, March imports increased 2.3 percent increase for the month. Overall imports are now down only 0.8 percent. Meanwhile, Indonesian imports were up for the month and for the year. Thailand and Vietnam imports are down sharply for the month while other supplying countries are mixed. Argentine imports remain up. Ecuador’s March imports were for the month but remain generally lower because of higher shipments to Asian and European markets. Ecuador is optimistic that it will sell more than 50 percent of its white shrimp production to Asia.

A former Louisiana official, an Alaskan fishery manager, and a Sea Grant program director are reportedly in the running to head the National Marine Fisheries Service. Robert Barham, Chris Oliver, and LaDon Swann are the three candidates that US Commerce Secretary Wilbur Ross is expected to select from. It's unclear when Ross — or the White House — will make that decision. Chris Olver has received overwhelming support from fishing associations in Alaska and across the country. Most recently a group of seven fishing groups from the Gulf of Mexico sent a letter to Ross in support of Oliver's nomination.

In other news, the number of seafood items refused entry to the US market by the FDA fell in April, which dragged overall rejections for the year. Similar to last month, shrimp and filth remain the top species and reasons for refusals. However, shrimp rejections are about the same through the first four months of 2017 compared to last year. Filth is still the top violation but accounts for 40 percent of this year’s refusals versus the 60 percent share of rejections filth was responsible for in 2016.

Meanwhile, the Canadian government's announcement yesterday to not list Atlantic bluefin tuna as endangered, despite data on low abundance, low recruitment, and high uncertainty on population health, rests primarily on the socio-economic objective of allowing a fishery for Canada's 600 licensed bluefin tuna fishermen write Peggy Parker. Canada's decision to not list Atlantic bluefin tuna under Endangered Species Act triggers a Fisheries and Oceans Canada’s (DFO) directive to institute specific management actions aimed at stock recovery. This will be the first time since the inception of DFO’s listing policy that a decision to not list has been made.

Finally, a legislative committee voted unanimously Wednesday to toughen penalties on lobstermen who fish too many traps or use “sunken trawls,” as part of an industry-supported effort to crack down on lawbreakers. The law would allow DMR’s commissioner to order longer license suspensions for lobstermen who violate the laws on the first offense and, in several cases, permanently revoke the licenses of repeat offenders.

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