After a long fallow period, commercial-scale shrimp farming appears to be taking off in the United States.
For years, the U.S. shrimp-farming sector has struggled to compete against low-cost shrimp imported from mega-producing nations including India, Indonesia, and Ecuador. But buoyed by consumption figures showing shrimp is pulling away as America’s favorite type of seafood – with the National Oceanic and Atmospheric Administration… Read More
Supply for the consumption of Alaska pollock fillets rose 30 percent than 130 million pounds in 2022, according to the Association of Genuine Alaska Pollock Producers (GAPP).
The 2022 figure is the second-highest supply total since 2011 and has been driven, in large part, by an increase in consumer familiarity with Alaska pollock, GAPP CEO Craig Morris said. Alaska pollock represents at least 60 percent of U.S. consumption of pollock… Read More
Mumbai, India-based Shako Flexipack is a manufacturer of customized packaging solutions, counts food companies such as Tastee Choice, Wholey, Bremer, and Priano as clients.
Founded in 1992 and with its manufacturing facility located in Gujarat, India, capable of producing 1,000 metric tons of laminated product per month, Shako Flexipack provides rotogravure, flexographic, and digital flexible packaging for ready-to-eat foods, frozen foods, snack… Read More
Vinh Hoan CEO Ngo Vi Tam Nguyen is excited about the opportunities opening up in global markets for pangasius, her company’s premier product.
Many countries have banned the importation of Russian products as a result of that country’s invasion of Ukraine, creating shortages of cod, haddock, and pollock.
The opportunity available to Vinh Hoan has materialized in the form of a contract with Nomad Foods, which owns frozen seafood brands… Read More
The banking crisis that ignited with the failure of Silicon Valley Bank on 10 March, 2023, was not among the top threats to the seafood industry listed by Megan Greene, a senior fellow at the Mossavar-Rahmani Center for Business at the Harvard Kennedy School, during her keynote address at Seafood Expo North America/Seafood Processing North America on 12 March.
But with the subsequent failure of Signature Bank the same day, and the federal… Read More
Overall U.S. seafood sales dropped in 2022, but Publix Super Markets Seafood Director Guy Pizzuti believes there’s no reason for the industry to panic.
Seafood sales in 2019 totaled USD 13 billion (EUR 12.1 billion), but rocketed up to USD 16.7 billion (EUR 15.6 billion) in 2020 and USD 16.9 billion (EUR 15.8 billion) in 2021. The drop in 2022 to USD 16.5 billion (EUR 15.4 billion) is actually not the worst news, according to Pizzuti, who… Read More
Bellevue, Washington, U.S.A.-based Peter Pan Seafood Co. has signed a letter of intent to acquire Anchorage, Alaska, U.S.A.-headquartered Trapper's Creek Smoking Co.
The acquisition includes a smokehouse facility in Anchorage and the brands Copper River Smoking Company, Alaska’s Best, Trapper’s Creek, and Eat Like a Grizzly, according to Peter Pan.
“We are very proud to add these brands, including the Copper River brand,… Read More
El Segundo, California, U.S.A.-based company and its Bangkok, Thailand-based parent firm, Thai Union, have agreed to settle price-fixing claims made in a class-action lawsuit filed a number of grocers.
The allegations stem from a criminal case in which Chicken of the Sea served as a whistleblower, which ultimately resulted in criminal convictions for rivals Bumble Bee Foods and Starkist. The civil class-action lawsuit that followed alleged… Read More
The full schedule of free, participatory events has been released for the 2023 Seafood Expo North America, taking place 12 to 14 March, 2023 at the Boston Convention and Exhibition Center in Boston, Massachusetts, U.S.A.
This year’s events schedule includes new product showcases, the annual Seafood Excellence Awards, chef demonstrations, brand and wellbeing coaching sessions, and the expo’s annual oyster-shucking… Read More
Oil spilling from a sunken tanker in the Philippines has forced thousands of local fishermen to temporarily abandon their livelihoods.
The sunken fuel tanker MT Princess Empress was carrying 800,000 liters of industrial fuel oil when it sank near Naujan, Oriental Mindoro, the Philippines on 1 March after capsizing the previous day.
Philippines Environment Secretary Maria Antonia Yulo-Loyzaga said the exact location of the sunken ship has been… Read More