Erin Spampinato is the Georgetown, Maine-based price reporting specialist of SeafoodSource. Erin has held staff writer and editor positions at a number of mission-driven organizations, and her freelance journalism has appeared in various publications, including Electric Literature and The Guardian. She is also the author of numerous academic publications on the topics of gender, literature, and history. Erin holds a PhD in English Literature from the Graduate Center, CUNY, an MA from Columbia University, and a BA from Smith College.
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Transpacific shipping rates have continued to decline in recent weeks, bearing out the predictions of shipping analysts who said that Asian shippers would stop rushing goods into the U.S. now that the country's tariff pause with China has been extended past its initial three months.
The first tariff pause jointly announced by the U.S. and China, which suspended the highest tariffs proposed in the countries’ trade war, caused a
… Read MoreIndian media outlets are reporting that Karnataka, India-based digital seafood marketplace Captain Fresh has filed confidential regulatory documents with the Securities and Exchange Board of India, indicating that it is preparing a fresh share issuance worth between USD 200 million (EUR 172 million) and USD 300 million (EUR 257 million).
The company, which recently reclassified as a public limited company under the brand Infifresh Foods Limited,
… Read MoreThe U.S. Food and Drug Administration (FDA) has issued an advisory not to eat, sell, or serve imported shrimp processed by Indonesia-based PT. Bahari Makmur Sejati, which does business as BMS Foods and supplies frozen raw shrimp to certain Walmart stores under the “Great Value” brand name.
It also recommended Walmart recall shrimp from the processor.
The FDA issued the alert after U.S. Customs and Border Protection (CBP)
… Read MoreSeafoodSource is closely following seafood processing and equipment innovation by compiling a regular round-up of updates from the sector. If you have an announcement, please send it to [email protected].
– Fosnavåg, Norway-based seafood industry equipment provider MMC First Process has announced the development of an energy-efficient circulation system for wellboats.
The company said the product, dubbed Aqu Green Circ, will
… Read MoreOslo, Norway-based seafood sustainability-focused impact investment firm Bluefront Equity has closed its second impact fund, Bluefront Capital II, with USD 100 million (EUR 85.8 million) in investments from such firms as the European Investment Fund, Novo Holdings, and the Esmée Fairbairn Foundation.
In a release about the news, the company said that Bluefront Capital II had already invested in three companies engaged in improving the
… Read MoreShipping and logistics experts are predicting a sector-wide slowdown after U.S. President Donald Trump recently announced he was extending a pause on proposed tariffs on Chinese imports.
The first pause on U.S.-China tariffs, which was announced in May, resulted in a rush of cargo into the U.S. from the Far East. Rates for shipping containers went up, container availability went down, and U.S. ports saw record high volumes.
Now, experts
… Read MoreTo keep up to date with the latest personnel changes across the seafood industry, SeafoodSource is compiling a regular round-up of hiring announcements and other personnel-related shifts worldwide. If you have an announcement, please send it to [email protected].
– Former Skretting CEO Therese Log Bergjord is joining Aquaticode as a strategic advisor.
Stavanger, Norway-headquartered Aquaticode is an AI-driven company that
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