Supply & Trade
SeafoodSource.com is your number one source for global news pertaining to the supply and trade of seafood.
Lindsey Piegza, an economist globally renowned for her research and analysis of breaking economic trends, will deliver the keynote address at the 2019 Seafood Expo North America/Seafood Processing North America (SENA) event taking place in Boston, Massachusetts this upcoming March.
Currently serving as the chief economist for U.S.-based company Stifel Fixed Income, Piegza’s perspective surrounding world economies, financial markets,… Read More
Americans ate over a pound more seafood per capita in 2017 than they did the year before, according to the latest figures shared in the National Fisheries Institute’s (NFI) annual list of the top 10 most consumed seafood species in the United States.
In 2017, Americans consumed 16 pounds of seafood per capita, an increase of 1.1 pounds from 2016 – a considerable hike, said NFI President John Connelly.
“More than a… Read More
American seafood is one step closer to being served exclusively in school lunches across the country.
The U.S. Senate on Tuesday, 11 December, passed the Farm Bill, by an 87-13 margin. Now, the five-year agriculture-related appropriations and policy making bill goes to the House, which is expected to vote on this issue today, Wednesday, 12 December.
While the bill is making headlines elsewhere for legalizing hemp and increasing farm subsidies,… Read More
Scotland Fisheries Secretary Fergus Ewing has written to the U.K. government raising serious concerns about the current Brexit Withdrawal Agreement’s failure to ensure tariff-free access to European markets for Scotland’s seafood exports.
Ewing warned Environment Secretary Michael Gove that non-tariff barriers like customs delays at ports could be catastrophic for an industry that relies on frictionless passage across borders,… Read More
A salvage crew dispatched by Panama City, Florida, U.S.A.-based company Eastern Shipbuilding has righted Glacier Fish Co.’s new factory trawler, the North Star, after it capsized in the extreme weather of Hurricane Michael roughly two month ago.
On Wednesday, 5 December, the North Star was lifted upright from its starboard side in the waters off of Mexico City Beach, Florida, an area of the panhandle hit hardest by Hurricane Michael,… Read More
As opposition to the sale of genetically modified salmon in Canada grows, the Canadian government is requiring that AquaBounty's Prince Edward Island-based facility undergo a new federal risk assessment.
The assessment comes on the heels of seven companies and 21 environmental groups expressing concerns about the lack of mandatory GM food labelling to the Canadian government earlier this week. In a letter to the Minister of Environment and… Read More
Higher whitefish catching quotas, aligned with more sophisticated equipment that improve yield and portion control, are enticing more European seafood suppliers to now use processors within the 28 countries belonging to the Euroepan Union, rather than in distant locations, according to the new “Finfish Study 2018,” compiled by AIPCE-CEP.
The Brussels-based E.U. fish processors and traders association believes this shift away from the… Read More
The Alaska Seafood Marketing Institute (ASMI) is crossing its fingers that its request goes through for several million dollars in federal aid to defray costs of the trade war between U.S. President Donald Trump’s administration and China.
ASMI, a state-run entity, has requested USD 9 million (EUR 7.9 million) over three years as tariffs threaten to undermine the market for Alaskan seafood in China. The request was submitted to the… Read More
Two Canadian entrepreneurs have launched a technology package they believe will help the fishing and aquaculture industry reduce waste, improve product quality, and boost profits.
Sheamus MacDonald and Aleksandr Stabenow recently launched Sedna Technologies in Dartmouth, Nova Scotia. They offer a hardware and cloud-based software suite that can automatically track and trace fresh and frozen products from catch to delivery to the… Read More
The tariff conflict between the United States and China has enabled Vietnam and other tuna exporters to increase shipments to the United States and this trend is expected to continue in the coming months, Vietnam Association of Seafood Exporters and Producers (VASEP) said in a statement last week.
In October, Vietnam exported tuna worth USD 26 million (EUR 22.9 million) to the United States, soaring 35 percent from the same month in 2017 and up… Read More