Supply & Trade
SeafoodSource.com is your number one source for global news pertaining to the supply and trade of seafood.
Palau, a member of the Parties to the Nauru Agreement, which allocates tuna fishing quotas under its vessel-day scheme (VDS), is selling a portion of its fishing days to Filipino firm RD Fishing Group.
The PNA controls the world's largest sustainable tuna purse-seine fishery. The PNA’s VDS for purse-seiners sets a limit on the number of fishing days allowed in the region, requires an independent fisheries observer on board and the collectio… Read More
Fishermen’s Finest will seek to sell a USD 75 million (EUR 60.8 million) catcher-processor vessel after the latest attempt for a necessary waiver to work in U.S. waters fell through.
Dennis Moran, company president, told National Fisherman that the waiver for America’s Finest did not get included in a Homeland Security spending bill.
“I honestly don’t know whether that’s the last stop,” Moran said. &ldquo… Read More
U.S. shrimp producers got a major victory from the omnibus spending bill that passed the Senate early Friday morning, 23 March.
The bill, which passed the House Thursday, 22 March, includes a long-sought after provision to lift the stay on when imported shrimp will be included in the Seafood Import Monitoring Program.
However, President Donald Trump threatened to veto the bill for reasons unrelated to the new shrimp rules.
If and when Trump… Read More
The Fishin’ Company, the largest tilapia importer in the United States, announced a partnership with Trace Register, a global leader in full-chain seafood traceability, on 22 March.
Trace Register will assist the Munhall, Pennsylvania-based producer, importer and distributor of frozen seafood in its plan to integrate its compliance, sustainability, and traceability platforms into a single platform. The Fishin’ Company supplies a… Read More
The Chinese government’s crackdown against organized crime is resulting in a significant disruption in the country’s formerly thriving grey trade in seafood.
China’s state-owned media has been awash in recent months with reports of arrests and investigations of triad-style gangs, many of which have significant international networks.
The most recent victory for China’s authorities in their battle against seafoo… Read More
A new bipartisan bill introduced to the U.S. House of Representatives on 13 March would require new certifications for countries importing shark, ray, and skate parts and products to the United States.
H.R. 5248, the Sustainable Shark Fisheries and Trade Act, would require all countries importing products related to sharks, rays, and skates obtain certification by the National Oceanic and Atmospheric Administration. Certification would requ… Read More
With demand for vacuum-packed seafood products on the rise, business is good right now for Cuyahoga Falls, Ohio-based Becker Pumps Corporation. And thanks to an unlikely customer segment, the future could be even brighter still for the subsidiary of Germany’s Gebr. Becker GmbH.
Becker Pumps Corp., which was founded in 1885 and established stateside in the late 1970s, is a premier supplier of vacuum pumps to the seafood, poult… Read More
Alaska Governor Bill Walker and other state officials sent a letter earlier in the month to the federal government to request a disaster declaration for the Kodiak-based Pacific cod fishery in the Gulf of Alaska.
The declaration would free up federal funds for people affected by low cod numbers in the gulf, where biologists turned up an 83 percent drop in the population from 2015, prompting the National Marine Fisheries Service to slash the… Read More
Killybegs Fishermen’s Organisation (KFO) has approved the agreement in principle on the Brexit transition period that was announced earlier this week by the European Union's chief negotiator, Michel Barnier, and David Davis, the U.K. secretary of state for exiting the European Union.
In a statement, the KFO said that like its European Fisheries Alliance (EUFA) colleagues, the organization has at all times recognized that its members ne… Read More
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