Supply & Trade

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

Published on
March 21, 2018

Alaska Governor Bill Walker and other state officials sent a letter earlier in the month to the federal government to request a disaster declaration for the Kodiak-based Pacific cod fishery in the Gulf of Alaska. 

The declaration would free up federal funds for people affected by low cod numbers in the gulf, where biologists turned up an 83 percent drop in the population from 2015, prompting the National Marine Fisheries Service to slash the… Read More

By

Jason Holland

Published on
March 21, 2018

Killybegs Fishermen’s Organisation (KFO) has approved the agreement in principle on the Brexit transition period that was announced earlier this week by the European Union's chief negotiator, Michel Barnier, and David Davis, the U.K. secretary of state for exiting the European Union.

In a statement, the KFO said that like its European Fisheries Alliance (EUFA) colleagues, the organization has at all times recognized that its members ne… Read More

By

Toan Dao

Published on
March 21, 2018

Vietnam’s seafood trade group and several Vietnamese seafood trading companies are considering filing a complaint with the U.S. Court of International Trade after the U.S. Department of Commerce announced unprecedented antidumping rates against Vietnamese pangasius exporters.

In a statement released Tuesday, 20 March, the Vietnam Association of Seafood Exporters and Producers (VASEP) said it opposed the DOC’s decision, which it termed… Read More

By

Steve Bittenbender

Published on
March 20, 2018

Two U.S. senators have reached out to the country’s top trade representative, asking him to support the repeal of a seafood inspection program at the heart of a Vietnamese complaint to the World Trade Organization.

Sens. John McCain (R-Arizona) and Jeanne Shaheen (D-New Hampshire) sent a letter to Robert Lighthizer on Monday, 19 March, saying the U.S. Department of Agriculture’s Catfish Inspection Program threatens agricultural trade … Read More

By

Chris Loew

Published on
March 20, 2018

A revised version of the Trans-Pacific Partnership trade pact was signed on 8 March in Santiago, Chile, without the membership of its former chief backer, the United States.

After U.S. President Donald Trump withdrew from the original TPP agreement, the remaining members – Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam – went on to forge a deal called the Comprehensive and Progressi… Read More

By

Jason Holland

Published on
March 20, 2018
Brexit

Brexit negotiators have agreed on many of the terms for a time-limited implementation period that they believe will provide greater assurances for businesses and citizens across the European Union and the United Kingdom during the separation process.

A transition period is set to last from 29 March 2019 to December 2020, which David Davis, U.K. secretary of state for exiting the E.U., said gives everyone the time they need to prepare for the futu… Read More

By

Mark Godfrey

Published on
March 20, 2018

A Chinese food company has introduced a range of canned cooked salmon aimed at the domestic mass market. 

Steamed and braised in styles popular in local cuisine, the “A Er Di” brand of salmon, owned by Liaoning Ren Da Foodstuffs Co., is being promoted by local television celebrities hired by the firm. The firm’s 100-gram cans are being sold at CNY 38.00 (USD 6.00, EUR 4.88) on Dayuchang, an online seafood retailer and distr… Read More

By

Madelyn Kearns

Published on
March 19, 2018

Price tags on lobster vessels in Canada have reached new heights, according to a Prince Edward Island broker.

Mark Hackett, who works for the brokerage firm Tignish, has seen lobster fishing boats and their respective permits being sold for more than CAD 1 million (USD 763,519, EUR 621,727), he told CBC News. High lobster landing values combined with larger catch sizes in recent years have likely contributed to the current state of the market, Ha… Read More

By

Madelyn Kearns

Published on
March 16, 2018

Technology company Seafood Analytics has launched its new Fishboard electronic fish-monitoring device, which allows for researchers, seafood farmers, processors, at-sea observers, fishermen, and other seafood industry professionals to efficiently measure and store important electronic information about the fish they acquire, process and sell. 

Implementers of Fishboard will be able to use the device to “quickly and easily assess length… Read More

By

Jagdish Kumar

Published on
March 16, 2018

Overfishing, climate change, and growing demand for fishmeal are combining to overwhelm India’s fisheries, Central Marine Fisheries Research Institute Principal Scientist P U Zacharia said recently.

Fish populations in India’s coastal areas are decreasing, with the total catch declining from the 839,000 metric tons caught in 2012 to 520,000 metric tons in 2017, Zacharia said. Zacharia also pointed out that 390,000 metric tons of sardi… Read More