Supply & Trade

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

Published on
January 12, 2018

Two new vessels targeting saury and squid stocks have left the yard of a Chinese shipbuilder, who claims the boats are “world-class” in terms of technology. 

The 77-meter-long vessels were built for Fuzhou Zhong Fan Yuan Yang Yu Ye (Distant Ocean Fishery Co) by the Zhong Bai Jing Lu shipbuilding firm in Penglai, near Qingdao in Shandong Province. 

Zhong Fan is one of many fishery companies based in Fuzhou, the capital of Fuj… Read More

By

Christine Blank

Published on
January 12, 2018

The United States National Oceanic and Atmospheric Administration (NOAA) has issued a civil administrative enforcement action seeking nearly USD 1 million (EUR 831,150) in penalties against Carlos Rafael, as well as from the scallop vessel captains associated with Rafael.

In the charging documents, NOAA alleges 35 violations of the Magnuson-Stevens Act by Carlos Rafael, Carlos Seafoods, two of Carlos Rafael’s scallop vessel captains, and 28… Read More

Published on
January 12, 2018

Authorities in one of China’s key business cities have seized significant amounts illegally sourced seafood in the past month.

A recent uptick in smuggling busts suggests a surge in traffic of questionably-sourced premium seafood coming into the country in the run-up to Chinese New Year, which falls on 16 February this year.

China Entry Exit Inspection and Quarantine (CIQ) officers at Wenzhou Airport recently seized 20 dried sea cucumbers f… Read More

By

Steve Bittenbender

Published on
January 11, 2018

American shrimp imports continued to rise in November, according to information released by the National Marine Fisheries Service.

The United States imported 65,267 metric tons of shrimp in November, compared to 61,684 metric tons received in November 2016. The 2017 year-to-date totals reflect a more than 10 percent increase from 2016, with the U.S. importing more than 604,000 metric tons through the first 11 months of 2017, according to the NMFSRead More

By

Jagdish Kumar

Published on
January 11, 2018

The government of India’s Maharashtra state has begun promoting a specialized form of crab farming that may help save mangroves in its coastal regions.

The government program, labeled the Mangrove Protection and Employment Generation Scheme, has chosen 50 villages for its initial program, which will run through 2017-18. By 2020, the scheme is expected to cover 75 villages, Mangesh Gawade, an official with the Marine Products Export Developm… Read More

By

Ivan Stupachenko

Published on
January 11, 2018

The Russia's Federal Agency for Fisheries has announced it is redesigning its fisheries management system, focusing on clamping down on illegal, unreported and unregulated (IUU) fishing. 

Plans are underway to enhance coordination between the agency and other government watchdogs and introduce new incentives to stimulate the staff to crack down on illegal activities, the agency said in a release. Currently, more than 200 entities within the … Read More

By

Madelyn Kearns

Published on
January 11, 2018
Ocean Beauty - Petersburg

Ocean Beauty Seafoods will keep its salmon cannery in Petersburg, Alaska – in the state's southeast – shuttered for the second consecutive year, according to a recent report from KFSK Community Radio.  

Low pink salmon harvest forecasts are in part to blame for the decision, the company’s vice president of marketing, Tom Sunderland, explained.

“There’s two things together, one is the low harvest d… Read More

By

Cliff White

Published on
January 10, 2018

Papua New Guinea’s Prime Minister Peter O’Neill announced in December that 2018 would bring changes to the country’s seafood industry, starting with the cancellation of a fishing subsidy and its replacement with a rebate for local seafood processors.

Papua New Guinea had previously discounted the price of fishing days bought through the country’s vessel day scheme on the premise that the companies receiving the subsidies w… Read More

By

Jagdish Kumar

Published on
January 10, 2018

India's largest shipbuilding yard, Cochin Shipyard Limited, has developed a prototype for a deep-sea fishing vessel and has set a goal of beginning production in the next five to six months.

The project began after Indian Prime Minister Narendra Modi announced a ban on bottom-trawling in Palk Bay and asked fishermen there to consider a switch to deep-sea fishing as an alternative, according to the Hindu.

Initially, the shipyard will build 22 vess… Read More

Published on
January 10, 2018

A free trade agreement between Indonesia and Chile looks set to open further opportunities for Chilean exporters into Asia, while also helping realize Indonesia’s ambitions for wider trade access globally.

The Chile-Indonesia Comprehensive Economic Partnership Agreement (CEPA) was negotiated on the sidelines of a recent World Trade Organization ministers meeting in Argentina. It was piloted by Indonesian Trade Minister Enggartiasto Lukita a… Read More