Editorial commentaries on the domestic and global seafood industry.
With 2018 nearing its end, the Russian Agency for Fisheries has announced that this will be the second consecutive year Russian catch totals reach an all-time high. When all is said and done for 2018, Russian fishing companies are expected to have landed more than five million metric tons (MT) of fish, up from 4.9 million MT in 2017.
Yet even as Russian fishing companies catch more fish than ever, the country’s per capita consumption of… Read More
Increasing temperatures, ocean acidification, and deoxygenation are the outcomes from climate change that will cause the most damage the world’s marine economy, according to National Climate Assessment report released by the U.S. Global Change Research Program on Friday, 23 November.
The federal program that released the report was mandated by Congress to coordinate federal research and investments in understanding the forces shaping… Read More
Even though Chinese demand for seafood continues to rise, there appears to be a major disconnect between the performance of China’s leading seafood firms and the prices of their public shares, suggesting a lack of investor confidence.
For the first three quarters of 2018, revenue at Zoneco (Zhangzidao) totalled CNY 2.1 billion (USD 302 million, EUR 266 million), up 9.42 percent year-on-year. However, its profits – at CNY 23.38… Read More
Around mid-August this year, the fishing season in Southeast Alaska looked grim. Some areas had posted the lowest pink salmon landings since the 1970s, and the total pink catch would end up at just around 70 percent of the paltry 23 million fish forecast. For comparison, the 18 million pinks caught in 2016 prompted a disaster declaration from the federal government.
But at the end of August, something unexpected happen. Hatchery chum salmon from… Read More
The results of a far-reaching enquiry by the Scottish Parliament into salmon farming in Scotland has the industry breathing a sigh of relief.
The investigation, which was overseen by the government-appointed, 11-member Rural Economy and Connectivity Committee, made 65 wide-ranging recommendations for improvements across all aspects of the industry, but outlined a path by which the industry can continue to operate and grow in Scotland.
The… Read More
Online seafood vendors are using Cyber Monday as a springboard to push sales through the holiday season.
Heading into what is for many their busiest time of the year, several online seafood sellers began offering big discounts on Black Friday and then again on the online-sale focused Cyber Monday.
Gifts of food are expected to rise by more than four percent in the United States this holiday season, according to Packaged Facts, and seafood… Read More
Traugott Fischer, a German living in Lima, Peru, is developing a scallop farm using the Peruvian scallop (Argopecten purpuratus) and intending to apply the Japanese “ear hanging” method.
Alongside this venture, Fischer told SeafoodSource he hopes to export sea urchin roe (“uni” in Japanese) from Peru to Japan. He said that Peru supplies the same species of sea urchin as Chile, (Loxechinus albus), which has a good… Read More
In 2016, the world’s supply of farmed salmon fell by almost 10 percent as a result of sea lice infestations. The pest’s economic impact has been estimated at EUR 0.10 to 0.20 (USD 0.11 to 0.23) per kilogram of salmon produced, with total losses of around EUR 300 million (USD 340 million) per year.
Sea lice, which have found to be prevalent in the Atlantic salmon farming industries in Norway, Scotland, Ireland, Canada, and Chile,… Read More
A mega trade deal driven between India and China looks to be moving to completion this month.
Negotiations are ongoing both bilaterally between China and India and the members of the Regional Comprehensive Economic Partnership – which include Australia, China, India, Japan, South Korea, New Zealand and the 10 countries belonging to the Association of Southeast Asian Nations (ASEAN). There are still major obstacles to overcome before any… Read More
Gorton’s recently conducted a major overhaul of eight of its top-selling products, introducing new formulations, including microwavable fish sticks for the first time, and upgraded packaging. The revamped items, which include a switch to once-frozen, sustainable pollock, can now be found in major grocery chains across the country.
SeafoodSource recently talked with Chris Hussey, vice president of marketing for the Gloucester,… Read More