Editorial commentaries on the domestic and global seafood industry.
Russia is experiencing a boom in aquaculture and is seeking to increase its farmed seafood almost threefold, to 700,000 metric tons (MT) through 2030. Investment activity in the sector during the last three years suggests the projected figure can be exceeded provided some cornerstone problems be solved and international experience be used.
This is the first of a two-part series exploring Russia's aquaculture industry. Part two will appear… Read More
United States facilities manager Aramark is sourcing more wild salmon and pollock, and is utilizing a new technology to help track its seafood purchases.
The Philadelphia, Pennsylvania-based facilities manager and food supplier to more than 500 university and college campuses is transitioning all contracted salmon and shrimp products to Monterey Bay Aquarium’s Seafood Watch “Best Choice” and “Good Alternative”… Read More
Complications surrounding the U.S. labeling requirements for genetically modified ingredients in food are complicating genetically engineered salmon producer AquaBounty Technologies’ route into the U.S. market.
The U.S. Department of Agriculture published its proposed rules for the labeling of genetically modified food in May 2018. However, despite a deadline of 29 July, 2018, it still has not released its National Bioengineered Food… Read More
Hatch, the world’s first aquaculture accelerator, is seeking applicants for its second 12-week program, which aims to develop and scale talented and disruptive aquaculture startups.
This year’s program is set to take place in Cork, Ireland, from 18 September to 6 December, and applicants have until 24 August to apply with their ideas at hatch.blue.
Program Director Wayne Murphy told SeafoodSource that following a successful… Read More
With the supply of shrimp exceeding demand for the first time since the outbreak of the far-reaching early mortality syndrome (EMS), shrimp prices have plummeted this year. And while there may be a small near-term price correction, in the absence of an unforeseen disease challenge, the low price situation is here to stay, according to a new report published by Rabobank.
The analysis, “Keeping up with the Crustaceans,” compiled by… Read More
American-initiated tariffs are impacting Canadian seafood businesses in unexpected ways.
The growing trade war between the United States and its neighbor to the north began with a 25 percent surcharge on steel and aluminum initiated in May by the administration of U.S. President Donald Trump.
In reaction, Ottawa used the symbolism of Canada Day to launch CAD 16.6 billion (USD 12.6 billion, EUR 10.8 billion) in retaliatory tariffs… Read More
Spain’s seafood industry is being helped to work towards a more sustainable and responsible supply chain by environmental law group ClientEarth, following the success of the Sustainable Seafood Coalition (SSC) in the United Kingdom, which it initiated.
The SSC aimed to promote and support responsible and sustainable fish and seafood consumption, inform the public debate on seafood, and influence change in policy relevant to seafood… Read More
Good Catch Foods is the latest entrant in a growing pool of companies finding success by producing plant-based takes on popular seafood items.
The New York City, U.S.A.-based firm recently secured USD 8.7 million (EUR 7.5 million) in funding to start distributing its plant-based tuna pouches and other products.
"The relentless and indiscriminate killing of marine life is devastating ocean ecosystems," said Good Catch cofounders and co-CEOs Chris… Read More
Chicken of the Sea aims to modernize its brand and boost sales with new product launches and revitalized brand marketing.
The Thai Union-owned canned seafood brand recently launched a new Infusions ready-to-eat tuna cup line, and brought on a new brand team and creative agency: New York, New York-based David & Goliath.
“The Chicken of the Sea brand is more than 100 years old and all brands need to stay relevant with new… Read More
Riverine communities along Venezuela's Orinoco River that rely on fish as a major source of food and additional income are losing out to an upsurge of mining activity that is in some cases controlled by illegal armed cartels.
Among the armed cartels controlling illegal mines in the region of the world's third largest river are the ELN (National Liberation Army) and dissident sections of the FARC (Revolutionary Armed Forces) from Colombia, who… Read More