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


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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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