Supply & Trade

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

Published on
February 12, 2018

A major Chinese chain of seafood distribution stores specializing in imported seafood is claiming it is the victim of fraud by “unscrupulous” competitors jealous of its success. 

A statement from the Bolaixian firm claims fraudsters have been impersonating company management and franchisers to collect fees from franchisees around China. The company has published the mobile phone numbers of its franchise managers in order to clamp… Read More

By

Steve Bittenbender

Published on
February 12, 2018

A bipartisan group of 11 U.S. Senators have signed on to a plan that would require the National Oceanic and Atmospheric Administration to add shrimp to the Seafood Import Monitoring Program.

In a letter addressed to Sens. Thad Cochran (R-Mississippi) and Patrick Leahy (D-Vermont), the chairman and vice chairman, respectively, of the Senate Appropriations Committee, the senators expressed their support for language in the Commerce, Justice, SciencRead More

Published on
February 9, 2018

Chinese New Year, falling on 16 February this year, is an annual peak season for seafood gift sales in China. But as the selling season reaches its peak, some unscrupulous retailers are taking liberties with their labeling.

For example, in a gift box selling for CNY 988 (USD 157 , EUR 128) - along with products from Canada, Iceland, and Russia - Irish brown crabs are being marketed as British.

The gift box,  from premium seafood distributor … Read More

By

Steve Bittenbender

Published on
February 9, 2018

It took a little longer than expected, but U.S. Congressional leaders shepherded through another short-term spending bill early Friday morning, 9 February, that included millions in funding for fishery-related disaster relief efforts.

The National Oceanic and Atmospheric Administration will receive USD 400 million (EUR 326.2 million) in funding, with USD 200 million (EUR 163.1 million) going to aid fisheries impacted by hurricanes Harvey, Irma, a… Read More

By

Toan Dao

Published on
February 8, 2018

Shrimp has always accounted for the biggest portion in Vietnam’s seafood export value in recent years and the country is rushing to cement its leading position.

In January, Prime Minister Nguyen Xuan Phuc approved a national action plan for the shrimp industry through 2025, aiming to turn it into a key economic sector with sustainable development, a copy of the plan showed.

Under the scheme, the country targets to gain USD 5.5 billion (EUR … Read More

By

Madelyn Kearns

Published on
February 8, 2018
Lobster emoji

Lobbying for a lobster emoji has finally paid off for U.S. Senator Angus King (I-Maine), whose letter convinced California-based emoji developer Unicode Consortium to add the popular crustacean to its growing textbox library. 

Sent in September 2017, King’s letter detailed lobster’s cultural and economic value to Maine and beyond.

“People in Maine – as well as others across the world – understand that the lobste… Read More

By

Ben Fisher

Published on
February 7, 2018

Lawmakers from Washington and Oregon, including U.S. Sens. Maria Cantwell, Patty Murray, Ron Wyden, and Jeff Merkley, have come out in opposition to a federal plan that would allow oil and gas drilling off the coast of their states.

Last month, Interior Secretary Ryan Zinke announced a plan to expand offshore drilling in nearly all U.S. coastal waters in the Atlantic, Arctic, and Pacific oceans.

Citing the importance of the coastal waters of the … Read More

Published on
February 7, 2018

A massive new seafood market has opened in the southwestern Chinese city of Chengdu as part of the ambitions of the Chinese Tongwei conglomerate to enter higher-yield distribution activities. 

Built at a cost of CNY 120 million (USD 19.1 million, EUR 15.4 million) in Longquanyi District, the sprawling Tongwei Sanlian Aquatic Products Trading Center aims to sell 500,000 kilos of seafood per day, with electronic payments and tracing systems in… Read More

Published on
February 6, 2018

Authorities in the key Chinese seafood port and processing hub of Yantai have announced that fuel subsidies will be withdrawn from “old and worn-out” vessels. The announcement is a sign of the efforts of China’s efforts to reduce trawler numbers in its own waters.

A statement from the provincial office of the Ocean and Fisheries Bureau, the government agency overseeing fisheries, said dragnet trawlers operating in domestic water… Read More

By

Jewel Fraser

Published on
February 6, 2018

The National Fishermen Producers' Cooperative Society of Belize (NFC) recently closed a request for proposals from vendors of traceability technology.

The RFP was launched in search of technology solutions that would assist the NFC in product-data pairing, internal traceability, and verification. The NFC, in its RFP document, explains that these objectives would in turn aid in achieving the wider goal of greater operational efficiency and market … Read More