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Seafood supply chain industry news covering seafood distribution, processing, imports and exports and market analysis.
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Medical marijuana firm moves into seafood industry

By SeafoodSource staff
11 April, 2013
Latteno Food Corp., an investment portfolio company which acquires food product medical marijuana edibles and other related products, on Thursday announced it will enter the fresh seafood market.
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Halibut prices drop slightly

By Christine Blank, SeafoodSource contributing editor
11 April, 2013
Retail prices on halibut soared for the first week of Alaskan halibut season — which started 23 March — and overall remained strong because of supply challenges.
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Poor NZ mussel production leads to layoffs

By SeafoodSource staff
10 April, 2013
The poor mussel yield attributed to the dry summer has had an impact in Nelson but processors say it is just a part of the industry.  
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Cooke reaches deal with labor union

By SeafoodSource staff
10 April, 2013
Following an emotional meeting in Harbour Breton on Wednesday 3 April, the members of the FFAW/CAW local voted 82 percent to accept a new three-year contract with Cooke Aquaculture.
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Fishery council approves West Coast ecosystem plan

By SeafoodSource staff
10 April, 2013
After three years of consideration, West Coast federal fisheries managers on Tuesday unanimously adopted their first ecosystem approach to decisions on fishing seasons and catch quotas.
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LSPMB future threatened

By SeafoodSource staff
10 April, 2013
Three stories published today by the Tri-Parish Times & Business News in Houma, La., put the future of the Louisiana Seafood  Promotion and Marketing Board in question.
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Norwegian salmon export value sets record

By SeafoodSource staff
09 April, 2013
A boost in exports to the European Union led to a record export value of Norwegian salmon in the first quarter of 2013, according to the Norwegian Seafood Council.
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Frugality campaign hits China’s grouper market

By Mark Godfrey, SeafoodSource contributing editor reporting from Beijing, China
09 April, 2013
Chinese grouper farmers are being squeezed by numerous factors as sales dip nationwide: a slowdown in luxury spending, a decrease in imports facilitated by a free trade pact with southeast Asia and production outstripping demand. 
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Pescanova running out of cash by next week

By SeafoodSource staff
09 April, 2013
Pescanova has only enough liquidity to cover payments to suppliers and pay taxes until 15 April in what has become a “dramatic and unsustainable” situation at the Spanish food processing company, which last week said it planned to seek protection from its creditors.
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Budget would eliminate duplicate catfish inspections

By SeafoodSource staff
09 April, 2013
President Obama’s 2014 budget proposal would eliminate certain duplications within government programs, including overlaps in catfish inspections from three different agencies, according to the White House budget office.
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Mike Voisin’s widow appointed to La. seafood board

By SeafoodSource staff
08 April, 2013
Gov. Bobby Jindal has appointed Sarah Voisin of Houma, wife of the late seafood advocate Mike Voisin, to the Louisiana Seafood Promotion and Marketing Board. 
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10 left in Skuna Bay competition

By SeafoodSource staff
08 April, 2013
Judges have pared a pool of 30 chefs down to 10 competitors in the Skuna Bay Taste of Derby contest.
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China Fishery ponders next Copeinca move

By SeafoodSource staff
08 April, 2013
China Fishery Group is still trying to figure out how to react to a move by Oslo, Norway-listed Cermaq’s purchase of a controlling interest in Copeinca’s shares.
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Mackerel war: Where to from here?

By Jason Holland, SeafoodSource contributing editor reporting from London
08 April, 2013
The latest issue of SeaFood Business explores the bitter international feud over quotas, which is undermining sustainability credentials and consumer appeal of Northeast Atlantic mackerel. 
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Lagging Dungeness crab season experiences upturn

By SeafoodSource staff
08 April, 2013
The Dungeness crab season that started out looking to be a bust has taken a surprising turn, with crabbers landing close to 17 million pounds in the first 12 weeks of the 8.5-month long season, said Hugh Link, director of the Oregon Dungeness Crab Commission.
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Cermaq takes over Copeinca

By SeafoodSource staff
05 April, 2013
Cermaq ASA has acquired more than 50 percent of the shares in Peruvian fish and fishmeal producer Copeinca, putting an end to speculation that China Fishery Group would buy enough shares to take it over.
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Pescanova files for insolvency

By SeafoodSource staff
05 April, 2013
Spanish fishing company Pescanova is filing for insolvency after a month of negotiations with creditors and boardroom battles failed to settle its future.
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US smoker plans major expansion

By SeafoodSource staff
04 April, 2013
Ducktrap River of Maine on Tuesday announced plans for a major expansion that would increase the size of its seafood smoking and processing facility by nearly 50 percent, double the current processing capacity, and support the addition of 40 to 50 new jobs.
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Fishery regulators eye hake quota increase

By SeafoodSource staff
04 April, 2013
Fishery regulators are looking to increase the allocation for another groundfish stock as they try to lessen the effects of huge, coming cuts in catch limits. 
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Russian poachers driving down crab prices

By SeafoodSource staff
04 April, 2013
Alaska’s crabbers, depicted in a reality-TV show about the dangers they face, are confronting a threat from across the Bering Strait: Russian poachers driving down crab prices.
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Bering Sea snow crab season winds down

By SeafoodSource staff
04 April, 2013
With the season winding down, fishermen and processors agreement that the Bering Sea snow crab is a welcome change from last year's when record ice dragged it out until June.
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PCU LOGO Video: SeafoodSourceTV debut

By Sean Murphy, SeafoodSource online editor
04 April, 2013
SeafoodSource Editor Sean Murphy introduces SeafoodSourceTV, a new video blog appearing biweekly on SeafoodSource.com. This blog will offer news, interviews and more from the world of the seafood industry.
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China underreporting overseas fishing catch?

By SeafoodSource staff
03 April, 2013
It is a whopper of a catch, in more ways than one: China is under-reporting its overseas fishing catch by more than an order of magnitude, according to a study published on 23 March.
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Captain D’s names new CDO, COO

By SeafoodSource staff
03 April, 2013
Seafood restaurant chain Captain D’s has hired a new chief development officer, while promoting one of its vice presidents to Chief Operations Officer.
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Crab production to return to Cromer

By SeafoodSource staff
03 April, 2013
Fisherman turned food manufacturer Kevin Jonas has hatched a plan to bring large-scale production of Cromer crab back to its North Norfolk home town of Cromer, creating 20 jobs.
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