Cliff White

A fishery improvement project in Mexico’s Sea of Cortez has received an “A” grade from Fishery Progress in its efforts to better its sustainability credentials.

The fishery is composed of 100 fishermen in 30 boats using handlines to target fish in season, which this summer included yellowtail, red snapper, and leopard grouper. In other parts of the year, they also catch goldspotted sand bass, ocean whitefish, rooster hind, and

New Bedford, Massachusetts, U.S.A.-based Mariner Seafood filed for Chapter 11 bankruptcy protection on Monday, 14 September, with Cooke Aquaculture’s True North Seafood lined up as the stalking horse bidder for its assets.

Court documents filed by Mariner Seafood acknowledge the company defaulted on its revolving USD 10 million (EUR 8.4 million) loan from Wells Fargo, and that the company had been exploring options such as selling

On 8 September, 2020, SeafoodSource published an article titled “CP Foods subsidiary takes part in USD 12 million shrimp farming project in Malaysia.”

Due to a reporting error, CP Foods subsidiary Asia Aquaculture (M) Sdn Bhd was incorrectly indentified as taking part in a new shrimp-farming project in Penang, Malaysia. The company undertaking that activity is Asia Aquaculture Holding Sdn Bhd, which has no relationship with Asia

Cooke Aquaculture Pacific has received drafted revised water quality permits from Washington’s Department of Ecology, another step forward in its effort to shift from farming Atlantic salmon to steelhead trout in its net-pens in Puget Sound.

Blacks Harbour, New Brunswick, Canada-based Cooke has already received a five-year permit from the Washington State Department of Fish and Wildlife (WSDFW) to farm steelhead trout in at one site near

The U.S. Department of Agriculture announced on Wednesday, 9 September, it will provide approximately USD 530 million (EUR 445.6 million) to seafood harvesters in the United States to compensate them for losses caused by retaliatory tariffs.

Up to USD 250,000 (EUR 209,967) will be made available to individual fishermen or businesses whose primary function is harvesting seafood and who have been harmed by tariffs imposed by foreign nations.

Editor's Note: A previous version of this story incorrectly linked the new permit application filed by Pacific Ocean AquaFarms for a yellowtail farm in California with the former Catalina Sea Ranch farm, located about six miles off the coast of Huntington Beach, California. While Pacific Ocean AquaFarms partner Pacific6 owns the Catalina Sea Ranch assets, the new project is separate from that facility and location.

Long Beach,

Bedford, Nova Scotia, Canada-based Clearwater Seafoods has agreed to sell two of its eight offshore lobster licenses to the Membertou First Nation for CAD 25 million (USD 18.9 million, EUR 16 million).

The transaction is part of a Clearwater project, initiated in 2019, to bring a new Mi’kmaq participant into the offshore lobster industry, the company said in a press release.

“This transaction builds on and strengthens the business