Supply & Trade

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

Published on
February 22, 2019

China’s government has set an ambitious target to sharply increase consumption of seafood by the Chinese populace over the next 10 years. 

In its "2018-2027 Outlook for Agriculture,” China’s Agriculture Ministry, which oversees fisheries, projects the consumption of aquatic products will increase to 25 kilograms per capita overall, with the figure rising to 30 kilograms per capita in urban areas. The ministry report

Read More
By

Steve Bittenbender

Published on
February 21, 2019

Former employees of an East Coast Seafood lobster facility in Groton, Connecticut that was closed last month are now eligible to seek federal benefits.

According to a statement from the Connecticut Department of Labor, the U.S. Department of Labor has approved Garbo Lobster workers to apply for Trade Adjustment Assistance. TAA allows those impacted to learn new skills and get the resources needed to find new work. 

“We are

Read More
By

Ivan Stupachenko

Published on
February 21, 2019

A fight between Russia’s crab fishing sector at the Russian government has escalated after two damaging reports aired on national television and the government initiated a public investigation into crab magnate Oleg Khan.

Russian President Vladimir Putin has proposed reallocating 50 percent of Russia’s crab quota via an auction system. The proposal has generated an uproar in Russia’s seafood industry, with some industry

Read More
By

Cliff White

Published on
February 20, 2019

A European Commission investigation – which was announced yesterday after E.C. officials raided Scottish and Dutch corporate offices of several seafood companies – is focused on anticompetitive practices in the Norwegian farmed salmon sector, according to SeafoodSource sources and public statements issued on Wednesday, 20 February.

European Commission investigators, along with U.K. and Dutch national competition authorities, took

Read More
By

Cliff White

Published on
February 19, 2019

The European Commission has confirmed it carried out unannounced inspections on the morning of Tuesday, 19 February at the premises of several companies involved in the farmed Atlantic salmon sector in Europe.

In a statement, the E.C. said it “has concerns that the inspected companies may have violated E.U. antitrust rules that prohibit cartels and restrictive business practices.”

The E.C. did not say what sparked its investigation,

Read More
By

Madelyn Kearns

Published on
February 19, 2019

May 2019 will see the 27th edition of Seafood Expo Global and the 21st edition of Seafood Processing Global return to Brussels, Belgium for three days of networking and business opportunities for more than 29,100 international seafood buyers and suppliers, according to event producer Diversified Communications. 

Taking place at the Brussels Expo from 7 to 9 May, Seafood Expo Global and Seafood Processing Global in 2019 are poised for

Read More
Published on
February 19, 2019

A seafood-related uproar has dominated Kenyan media in the past month, with local fisheries industry representatives expressing anger over cheap Chinese imports.

According to fishing leaders including Mohamed Somo, chair of the Lamu Co. Beach Management Units, the industry is calling for protection from Chinese imports, and for greater investment in the domestic fishing sector, with calls growing particularly vociferous for more and better

Read More
By

Brian Hagenbuch

Published on
February 18, 2019

A lot can change in a few months, fisheries economists are quick to say, but early indications point to very favorable conditions for wild Alaska salmon prices in 2019, especially for sockeye, the state’s top-dollar species.  

Andy Wink, a fisheries economist who also heads the Bristol Bay Regional Seafood Development Association (BBRSDA), is happy with how the market is looking for the upcoming season.

“I think we’re

Read More
By

Steve Bittenbender

Published on
February 15, 2019

President Trump on Friday, 15 February signed an omnibus spending bill into law that guarantees funding for NOAA Fisheries and numerous other federal agencies through the end of the fiscal year.

Facing a midnight Friday deadline to avert a second government shutdown this year, the Senate, by an 83-16 vote, and House, by a 300-128 vote, both passed the plan on Thursday.

In addition to funding NOAA Fisheries through the end of September, the bill

Read More
By

Nicki Holmyard

Published on
February 15, 2019

The International Association for Women in the Seafood Industry (WSI) launched its latest video competition this week, which aims to build on the success of the previous two years. 

“Men, women, groups and institutions are all welcome to submit a short film, no longer than 4 minutes, which portrays observations or experiences of woman involved in the seafood industry,” said WSI founder Marie Christine Monfort.

The brief is wide

Read More