Supply & Trade

SeafoodSource.com is your number one source for global news pertaining to the supply and trade of seafood.

Published on
June 26, 2017

Several Nova Scotia lobster fishermen voiced doubt over their support of the possible implementation of vessel video surveillance during a workshop held last week in Lockport, Nova Scotia.  

Camera surveillance aboard fishing boats was the primary topic of discussion during the 22 June information session hosted by Canada's Department of Fisheries and Oceans and organized by the Ecology Action Center. The session was attended by more th… Read More

By

Cliff White

Published on
June 26, 2017

Dutch shrimp processing firm Klaas Puul is celebrating a groundbreaking on its new facility in its hometown of Volendam, in the Netherlands, on 29 June.

The company first announced the construction project, which will serve as its new headquarters once completed, in January. At the time, then-CEO Maiko Van Der Meer said the new facility was being planned “mainly due to ever-increasing hygienic requirements and the need to adhere to the high… Read More

By

Chris Loew

Published on
June 26, 2017

The Midsummer Day of the Ox, or “doyou no ushi no hi” in Japanese, is the traditional day to eat grilled eel. As the exact date is determined by a zodiac calendar system, there are some cases in which the day falls twice in a year. This year it falls on both 25 July and 6 August. 

Domestically produced eel is more abundant this year than last, due to declining feed costs, which in turn is due to better South American catches of s… Read More

By

Gao Fu Mao

Published on
June 26, 2017

Online gaming seems a strange match for seafood, but it’s buffering the income of China’s leading providers of seedlings and sea cucumbers, according to an analyst monitoring the firm. 

Also a major seafood processor, Dalian Yiqiao Sea Cucumber Co. is reporting revenue of CNY 776 million (USD 113.5 million, EUR 101.2 million) in 2016, up 33.9 percent, while net profits were up 22.2 percent to CNY 304 million (USD 44.5 million, EU… Read More

Published on
June 26, 2017

Agents representing various federal offices within the United States, including the Internal Revenue Service (IRS), conducted a raid on New Bedford, Massachusetts-based seafood wholesaler Lou-Joe’s Fresh Seafood on Thursday, 22 June.  

Work was halted at the company’s 3,800-square-foot plant on Thursday by roughly a dozen investigators from the IRS Criminal Investigations unit, the Massachusetts Environmental Police and National … Read More

By

Cliff White

Published on
June 26, 2017

Peruvian fishing net production firm Fibras Industriales S.A. (FISA) will introduce its newest product, the Supra HDPE, into Africa during the World Aquaculture 2017 conference, taking place 26 to 30 June, the company announced.

FISA previously introduced the product into other continental markets at Seafood Expo North America in Boston, Massachusetts, U.S.A. in March and at Seafood Expo Global in Brussels, Belgium in April. It is using the World… Read More

By

Gao Fu Mao

Published on
June 23, 2017

A Shanghai port and seafood trading center is celebrating the arrival of a 50-ton shipment of king crab from the Kholmsk region of Russia. 

In December, Shanghai Changxing Hong Sha port received governmental approval to intake seafood, one of several to get the right to conduct customs processes for fresh seafood. The government was partially reacting to growing local demand for seafood. The increase in the number of ports with import permit… Read More

By

Chris Loew

Published on
June 23, 2017

The average wholesale price of frozen bigeye tuna in the first week of June at Tokyo’s Tsukiji market was about 25  percent higher than in the same period last year, at 1,224 yen (USD 10.96, EUR 9.82) per kilogram, the Nippon Keizai Shimbun reported. 

Tuna prices usually rise at year-end on New Year holiday consumption, but this price level already exceeds that of December 2016 by 0.8 percent.

Chronic overfishing of bigeye continu… Read More

By

Gao Fu Mao

Published on
June 22, 2017

Australian firm Beston Global Food has teamed up with online retailer JD.com and Hainan Airlines to fly bluefin tuna into China. 

“We want to bring the best of Australian luxury food resources to Chinese consumers,” said Wang Xiao Song, head of fresh foods at Jingdong, which operates the JD.com e-commerce site in China. 

Wang spoke after signing a “strategic cooperation” agreement in Beijing with executives from … Read More

By

Cliff White

Published on
June 22, 2017

Peru's fisheries sector achieved a 20.96 percent growth from April 2016-2017 as compared to the previous twelve-month period, Peru's National Fisheries Society (SNP) reported.

The increase was primarily due to a massively better anchovy season, with the season’s catch totals rising by 1,860 percent compared to the previous season, to a total of 382,660 tons.

That increase was significant enough to affect Peru’s overall gross domestic … Read More