Supply & Trade
SeafoodSource.com is your number one source for global news pertaining to the supply and trade of seafood.
The incarceration of Jack Ventola, the former president of Gloucester, Massachusetts, U.S.A.-based National Fish and Seafood accused of tax fraud, could cause the demise of National Fish and Seafood, his attorneys argue.
In a recently-filed document in U.S. District Court in Boston, Massachusetts, where Ventola will be sentenced on Friday, 27 April, attorney Derrelle M. Janey with Gottlieb & Janey, as well as National Fish and Seafood executi… Read More
Vietnam and Indonesia have agreed to a deal on regulating fishing in the South China Sea as the former is making efforts to combat illegal fishing following the “yellow card” given by the European Commission last year.
The two countries will strengthen their partnership, cooperating particularly on fishing and other maritime issues, the Associated Press reported, quoting Indonesian Foreign Minister Retno Marsudi. Marsudi held a joint … Read More
China is going to need a whole lot more salmon – for pets, according to one of the country’s leading pet food processors.
Liu Feng Qi, founder of the Tianjin Lang Nuo Pet Food Co Ltd., speaking at an industry conference in Beijing in early April, said demand for quality pet food is rising as pets are becoming more popular amongst China’s growing middle class.
"China’s middle classes are increasingly focused on health and n… Read More
Peru’s National Fishery Society (SNP) welcomed an increase in efforts to locate eight missing crewmembers following the collision of two fishing vessels off the coast of the port of Chimbote last week.
According to a statement from the SNP, the collision occurred on 11 April between two fishing vessels, one owned by its member, the Austral Group, and the other owned by the Segjona Corporation (SAC).
U.S. Commerce Secretary Wilbur Ross expressed praise on Tuesday, 17 April, for a pilot program that gives states along the Gulf of Mexico more power in managing the red snapper recreational fishery.
NOAA Fisheries previously unveiled a two-year pilot program giving partial control of the fishery to officials in Alabama, Florida, Louisiana, Mississippi, and Texas. All five states submitted applications that will enable them to manage the recreatio… Read More
The director of Sernapesca, Chile’s national fisheries service, has stepped down as the newly installed government of Chilean President Sebastian Piñera plans to make regulatory changes to the fishing industry.
Sernapesca confirmed the departure of Josè Miguel Burgos in a statement published on its Twitter account, and that he would be replaced by the current vice director of aquaculture, Alicia Gallardo Lagno. No other … Read More
Maine, U.S.A.’s scallop season came to a close on 15 April amidst signs that the fishery is in a rebound from its historic collapse in the mid-2000s.
The season runs from December to April every year. The few divers in the fishery that harvest by hand were allowed to fish through 15 April. Overall, in the 2017-2018 year, harvesters snagged more than 790,000 pounds (358,000 kilograms) of scallops in Maine.
While that catch from M… Read More
The 2018 version of Seafood Expo North America, which took place 11 to 13 March in Boston, Massachusetts, U.S.A., broke its own exhibit space record.
The three-day expo contained 258,360 net square feet of exhibit space, with 1,341 exhibiting companies from 57 countries, according to a press release [Editor’s note: Diversified Communications operates SeafoodSource]. Diversified notched more than 22,200 attendee visits to the expo, despite a… Read More
The United States might rejoin the Trans-Pacific Partnership, according to comments made Thursday, 12 April by U.S. President Donald Trump.
Trump told Republican senators he had asked United States Trade Representative Robert Lighthizer and White House economic adviser Larry Kudlow to re-open negotiations, according to Reuters. The move comes a week after the U.S. and China went tit-for-tat in imposing new tariffs on a wide range of goods.… Read More
The Russian Fishery Company has announced plans to build a pollock processing plant outside of Vladivostock, in Russia’s Far East.
The plant, with a total investment cost of USD 12 to 15 million (EUR 9.7 to 12.2 million), will have the capability of processing 60,000 metric tons (MT) of pollock annually, including 25,000 MT of value-added pollock products. RFC said in its 11 April announcement that it expects the plant to open by 2020.
"The… Read More