Supply & Trade
SeafoodSource.com is your number one source for global news pertaining to the supply and trade of seafood.
A hearing has been set to determine whether Tampa Bay Fisheries should have to hand over documents that National Fish & Seafood alleges it stole in the two suppliers’ ongoing trade secrets case.
At issue is National Fish & Seafood’s pushback against Tampa Bay’s “Motion to Compel,” which states that NFS needs to identify and disclose which trade secrets Tampa Bay allegedly took.
However, NFS has specifically… Read More
Alaska Governor Mike Dunleavy’s proposed state budget would stop a tax revenue sharing plan that would take away about USD 28 million (EUR 24.7 million) in tax revenue from commercial fishing for coastal communities in the state, according to a KUCB radio report.
Alaska collects tax from fisheries, colloquially referred to as a “raw fish tax.” Typically, half the proceeds of the taxes are shared with the city where… Read More
One of China’s largest and most inward cities, Lanzhou, is the latest to get an air cargo link to fly seafood from Southeast Asia. As China negotiates an end to trade tensions with the U.S. it has also been busily opening up new seafood trading routes and supply lines under its “One Belt, One Road” (also known as the New Silk Road) blueprint for opening up trade through new transport routes.
Not long ago, seafood imports… Read More
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
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
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
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
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
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
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