Fri. May 9 2025

ANALYSIS: Balancing Growth Opportunities Against Inventory Risks for US Shrimp Imports


ANALYSIS: Farmed Salmon Market Sees Early Downturn Leading up to Mother’s Day 2025


Northline Seafoods Pays More Than $1.37M Bond to Release Seized Salmon Vessel


Gov. Newsom, CDFW Make Moves to Boost Salmon Production in California


Scottish Salmon Farmer Loch Duart Creates New Standard for Small-Scale, Transparent Farming


Hokkaido’s March Surimi Production Doubled, Reaching 490 Tons


Russian Salmon Catch Not to Exceed 400,000 Tons, Says Russian Federal Fish Agency


Profand Earns BSP Certification for Argentinian Fleet; First Certified Fleet in Country


Navigating the Trump Tariff Turbulence: A Comprehensive Timeline


Seafoodnews.com Summary Friday, May 9


49th Executive Conference Highlights Resilience and Future Outlook of Animal Protein Sector


Thu. May 8 2025

Menhaden Fishermen Urge ASMFC to Cast Aside Environmentalists’ Misinformation


Russia to Increase Exports of Deep-Processed Fish Products to BRICS Markets


Seafoodnews.com Summary Thursday, May 8


Wed. May 7 2025

ANALYSIS: Chilean Salmon Market and Production Update


Seafood Expo Global 2025: Seafood Excellence Global Awards Announced


West Coast Fisheries Infrastructure Waxes and Wanes: Part 3


The Retail Rundown: Grocers Take on Foodservice for a Slice of Mother’s Day Spending


SSA Calls for Commerce Dept. to Investigate Ecuador Shrimp Industry’s Alleged Illegal Practices


Russia Expects Steady Growth of Crab Supplies to Domestic Market


Seafoodnews.com Summary Wednesday, May 7


Tue. May 6 2025

ANALYSIS: Squid Market Faces New Crosscurrents Amid Recently Imposed Tariffs


Seafood Expo Global 2025 Begins Today in Barcelona


West Coast Fisheries Infrastructure Waxes and Wanes: Part 2


“I’m Starting to Get Real Upset,” Sullivan’s Frustrated Call for Fisheries Surveys in Alaska


BioMar Reports Volume Increase of 12% in Q1 2025


International Coalition of Fisheries Associations to Launch New Seafood Nutrition Toolkit in June


Russia Unhappy with Zero Quota for Atlantic Capelin Fishing


Seafoodnews.com Summary Tuesday, May 6


Mon. May 5 2025

West Coast Fisheries Infrastructure Waxes and Wanes: Part 1


GAPP Gets USDA Funds for 2025 Trade Missions, Seeks New Round of Partnership Proposals


Russian Financial Conglomerate AFK Sistema Sells Major Salmon Fishing Asset in Kamchatka


Seafoodnews.com Summary Monday, May 5


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Trade Court Remands More Vietnamese Shrimp Duty Rates Over Forced Labor

The United States Court of International Trade issued a slip opinion that remanded shrimp duty rates calculated for Vietnamese exporters from its eighth period of review back to the United States Department of Commerce. The rates covered shipments made from February 1, 2012 through January 31, 2013. Domestic shrimpers raised the issue of forced labor in Bangladesh's supply chain as a reason why Commerce must provide more information about its calculations and if Bangladesh should have been used as a surrogate economy when the eight review rates were calculated. In March, the domestic shrimp industry successfully petitioned the Court to remand shrimp duty rates for Vietnamese exporters from its ninth review back to Commerce also because of the use of Bangladesh and its labor problems.

Ocean Choice International is overhauling its shrimp trawler the Katsheshuk II so it can start fishing for groundfish. OCI committed to the $8 million renovations since Newfoundland's coldwater shrimp quotas were cut sharply for the upcoming season. "Our purpose now is to focus on red fish and some other species, but yes, definitely, when we built this vessel we expected cod to increase in the future," said Blaine Sullivan, COO at OCI.

In other news, Southwind Foods has reached an agreement to acquire Galaxy Foods and Equator Seafood. The two companies will merge into Southwind’s operations, which are based in Carson, California. Southwind distributes seafood products under the Great American Seafood brand among others. "We think this merger will result in additional distribution channels for us as well as an opportunity to collaborate with the excellent management teams at Galaxy and Equator about exciting new ideas for our companies,” said Buddy Galletti, CEO of Southwind Foods, LLC.

Meanwhile, the Aleutian Pribilof Island Community Development Association (APICDA) announced that Grant Mirick has been promoted to Chief Operating Officer (COO) and Luke Fanning has accepted the position of Chief Financial Officer (CFO). "We are very happy to have such a strong and solid leadership team in place. Grant has played a vital role in strengthening our processing operations in Alaska and Kent, Washington. Luke brings a solid background in banking and finance," said Larry Cotter, APICDA CEO.

Finally, a developer aligned with the New Boston Food Market cooperative has won the bidding for a 3.4-acre site at the the city's marine industrial park, now known as the Raymond L. Flynn Marine Park, in South Boston. “This was a unique opportunity ... we had to pursue in order to control our own destiny," said Michael Vaughan, a representative for the wholesalers. “This is an important first step. We're grateful the city chose us. By providing new facilities, these businesses will be able to grow."

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