Fri. May 17 2024

LISTEN: TAGeX CEO Neal Sherman Talks Media Attention Surrounding Red Lobster Liquidation And More


Silver Bay Seafoods, Channel Fish and More Win Latest USDA Seafood Purchase Requests  


ANALYSIS: Tilapia Market Troubles – Supply Shortages and Supply Chain Disruptions  


North Atlantic Right Whale Calf Presumed Dead; Fourth Calf of 2024 Calving Season To Be Missing


Conveyor Belt Sushi Market Increased by 8% in 2023, 5.5% Increase Projected For 2024


Japan: March Surimi Products Output Fell 5.2% to 36,547 Tons, Household Spending up 2.9%  


Prince William Sound Citizens’ Council Remains Committed to its Mission


Seafoodnews.com Summary Friday, May 17


Thu. May 16 2024

VIDEO: Red Lobster Closures; Gulf of St. Lawrence Grid Closures; New Atlantic Sapphire CEO  


NL Snow Crab Drama Continues With Talks Of Plant Worker Strikes  


Cooke Accused of Violating American Fisheries Act and Jones Act


Pioneering Hi-Tech Crabber “North American” Sinks Near Seattle’s Ballard Bridge


Russia Confirms Plans to Increase Volume of Krill Catch This Year  


PANOS Brands Acquires Smoked Salmon Producer The Santa Barbara Smokehouse  


Seafoodnews.com Summary Thursday, May 16


Wed. May 15 2024

A Timeline Of Red Lobster Leading Up To May 2024 Liquidation Of Select Restaurants


ANALYSIS: Canadian Spring Lobster Season Update  


17 Industry Groups Ask Congress to Fund North Pacific Fisheries Surveys at No Less Than $15M


More Than a Dozen Additional Temporary Grid Closures Announced for Gulf of St. Lawrence  


The Retail Rundown: Memorial Day Promotions; Latest CPI Data


Hokkaido Spring Herring Landings Record 6540 Tons for the First Time Since 1996  


Seafoodnews.com Summary Wednesday, May 15


Tue. May 14 2024

Red Lobster Abruptly Closes 48 Restaurants, As Revealed By Equipment Liquidation Company


First Temporary Grid Closures Announced in Gulf of St. Lawrence Following Sighting of Entangled NARW  


Legislative Task Force Created to Evaluate Alaska's Seafood Industry


Atlantic Sapphire Appoints Former Cermaq Chile Managing Director as New CEO  


Japan’s Consumer Food Price Index: Seafood Prices Soar By 25.7% in 2023


Trader Joe’s Introduces 3 New Seafood Products, Including RTE Salmon Item  


Seafoodnews.com Summary Tuesday, May 14


Mon. May 13 2024

The Winding Glass: What the Decline of Red Lobster Means for the U.S. Seafood Industry  


PODCAST: USDA's Open Purchase Request for Alaska Pollock; Red Lobster's Fate and More


ANALYSIS: Strong Demand and Sporadic Landings Lead to High Prices to Start the Spring King Season  


Oregon Department of Fish and Wildlife Gets New Director After Curt Melcher's Retirement


USDA Grants Emergency Assistance To Louisiana’s Crawfish Aquaculture Industry  


NOAA Fisheries Selects 14 Sea Scallop Applications Through 2024 RSA Program  


Russia Plans to Increase its Pollock and Crab Supplies to South Korea in Years to Come  


Nordic Aqua Partners Reaches Total Harvest Volume of 92 Tonnes At China Farm  


Seafoodnews.com Summary Monday, May 13


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Terrorism in Belgium and France May Cast Pall over Upcoming Lobster Season 

This month’s terrorist attacks in Paris and the current lockdown in Brussels have created an unforeseen risk for the upcoming lobster season in Nova Scotia writes John Sackton. Lobster fishing in Canada’s biggest regions LFA 33 and 34, syncs the fishery’s production in time for Christmas demand in the US and EU in addition to Chinese New Year buying. But major headwinds now face the industry this season. Most worrisome, writes Sackton, is the possibility of an extended economic slowdown from recent the string of terrorist attacks and threats across the EU. Particularly in Belgium, the main hub for live lobsters imported from Halifax. “If sales to Europe fall off sharply, the lobsters will have to go somewhere, and more lobsters in the US and China will impact a volatile market, which can easily respond to an unexpected increase in supply,” writes Sackton.

In other news two straight weeks of massive rain storms has flooded out large swaths of shrimp ponds and damaged the production infrastructure in Andhra Pradesh. The expectation now is for shrimp exports from the major producing Indian state to decline for the remainder of the year and into 2016. “Cyclone Roanu caused huge loss to aquaculture and the calamity will effect on shrimp production in Andhra Pradesh,” said MEPDA’s Director S. Kandan.

Meanwhile, Thai Union said it is ready to pull the trigger on selling off its Chicken of the Sea brand if it gets approval from the US State Department to proceed with its acquisition of Bumble Bee Seafoods. The State Department is expected to make its decision on December 18. “We are in talks with potential buyers and expect to sell it immediately if the Justice Department gives the nod for us to buy Bumble Bee," said Thai Union’s President Thiraphong Chansiri.

Finally, research suggests the impact of bottom trawls on sea floors around the world is lower than often claimed by opponents of trawling. Dr. Ricardo Amoroso of the University of Washington and the National University of Comahue in Argentina, refuted commonly held claims from NGOs about the extent of areas impacted by bottom trawling during their presentation at the Fish Expo in Seattle last week. “Trawl effort is highly concentrated, with many areas untrawled,” said Dr. Amoroso in his presentation. “ A large fraction of effort take place on a small portion of the bottom.”

We will be closed tomorrow November 26 and Friday November 27 in observance of the Thanksgiving holiday in the US. We will resume with our normal publication schedule on Monday November 30.

On behalf of John, Ken, Peggy, Linda and the rest of our team we wish all of our readers and their families a safe and happy Thanksgiving.

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