Editorial commentaries on the domestic and global seafood industry.
In an effort to increase access to sustainable seafood and promote sustainable seafood options, The James Beard Foundation (JBF) announced the launch of its new Sustainable Seafood Partner program 22 March.
The program, which dovetails with the foundation’s existing “Smart Catch” program, identifies seafood purveyors that are leaders in the industry when it comes to producing or harvesting seafood sustainably.
Four compani… Read More
The future of the North Atlantic right whale is looking more and more bleak, and with their fate inextricably tied to the lobster and crab fishing grounds off the coast of Northern New England and Eastern Canada, pressure is mounting on the fisheries and their regulators to take more drastic action.
Vietnam’s seafood trade group and several Vietnamese seafood trading companies are considering filing a complaint with the U.S. Court of International Trade after the U.S. Department of Commerce announced unprecedented antidumping rates against Vietnamese pangasius exporters.
In a statement released Tuesday, 20 March, the Vietnam Association of Seafood Exporters and Producers (VASEP) said it opposed the DOC’s decision, which it termed… Read More
Thai Union’s multimillion-dollar, multi-year investment in research and development is beginning to pay off.
Launched in 2015 and funded with a THB 600 million (USD 19.2 million, EUR 15.6 million) investment, the company Global Innovation Incubator (Gii) was designed with the explicit goal of designing new products, processes, and technologies intended to boost the company’s bottom line. The company expects a big return on its investm… Read More
A tilapia company guaranteeing a CNY 100 million (USD 15.8 million, EUR 12.9 million) loan, could at first glance, appear to outsiders like a strange decision. But then, Baiyang Industrial Investment Group Co. isn’t really a tilapia firm anymore – it got nearly half its profits in 2017 from non-seafood businesses.
Previously known as Baiyang Aquatic Group, the firm changed its name several years ago to make itself more attractiv… Read More
Nova Scotia’s CAD 1.8 billion (USD 1.4 billion, EUR 1.1 billion) seafood sector is basically all exported. A significant portion is trucked to market in New England. For the rest of the world, which includes long-standing European consumers and the growing Asian market, shipping by air is critical.
At a February appearance before a legislative committee in Halifax, Nova Scotia, representatives of the seafood industry complained that t… Read More
New Bedford, Massachusetts-based seafood supplier Northern Wind, celebrated a milestone 30-year anniversary at the 2018 Seafood Expo North America event in Boston, Massachusetts. Company founders Ken Melanson and Michael Fernandes, along with Northern Wind’s co-CEO George S. Kouri, said they look forward to blossoming the success of Northern Wind even further in the years to come.
“We’re looking forwar… Read More
A World Trade Organization (WTO) panel on 22 February upheld most of Japan’s claims challenging South Korea’s ban on importing seafood from eight Japanese prefectures and on additional radionuclide testing requirements.
Japan initially requested consultations on the matter in 2015. The slowness of the ruling was due to the complexity of the matter—Japan claimed violations of a wide range of trade rules—and due to scheduli… Read More
Seaweed is the new kale.
The buzz around seaweed products is growing louder by the day, as they make their way into mainstream grocery and club stores, and are featured on restaurant menus across the United States.The deeply nutritious greens, which are mineral-rich, contain essential amino acids, and are good sources of high-quality protein, are considered by many to be the new “superfood.” More consumers around the globe are recogni… Read More
There's a quiet revolution taking place at seafood counters across the United States.
Sensing an opening in the marketplace, grocers in the United States are branching out to new – and often more sustainable – types of seafood to boost sales in their seafood departments.
From the 17-store Busch’s chain in Michigan, to the Pennsylvania-based Acme Markets, a 179-store chain owned by Albertsons Companies, to the ubiquitous giants P… Read More