Supply & Trade

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

By

SeafoodSource staff

Published on
March 14, 2008

True World Foods Chicago, LLC on Tuesday was fined $60,000 for its role in distributing mislabeled frozen fish fillets in violation of the Lacey Act.

The U.S. law prohibits the receipt, acquisition or purchase of fish that was taken, possessed, transported or sold in violation of any federal, state or tribal regulations.

According to the indictment, True World purchased frozen pangasius fillets imported from Vietnam in a series of six tra… Read More

By

SeafoodSource staff

Published on
March 14, 2008

More than half of consumers say menu prices at full-service restaurants are rising, according to a survey released on Wednesday by Technomic, a Chicago foodservice research and consulting firm.

However, restaurant operators say consumers exaggerate how much menu prices are increasing, the survey revealed.

Still, most consumers polled expect menu prices to jump more than 10 percent over the next three to six months and believe the highest menu p… Read More

By

Steven Hedlund

Published on
March 14, 2008

The U.S. Senate has attached a measure to its farm bill that would add catfish to the list of species included in the Federal Meat Inspection Act, giving the U.S. Department of Agriculture the authority to inspect and grade catfish - domestic and imported. The House failed to fasten a similar measure to its farm bill, but staffers have drafted a broader measure agriculture committee members are now mulling over that would add all seafood, includi… Read More

By

SeafoodSource staff

Published on
March 12, 2008

Landry's Restaurants posted a fourth-quarter net loss of $6.6 million last year, compared to a net loss of $8.4 million in 2006, the Houston company announced yesterday. However, fourth-quarter revenue totaled $280.5 million in 2007, up from $272 million in 2006.

Landry's blamed its soft fourth-quarter results on weaker sales, costlier financing and expenses related to its 2006 sale of Joe's Crab Shack. (JCS Holdings in mid-February filed a laws… Read More

By

SeafoodSource staff

Published on
March 12, 2008

The Pacific Fishery Management Council on Tuesday met in Sacramento, Calif., to discuss recovery plans for salmon stocks in California and Oregon, including a complete closure of the fisheries.

Holding above 200,000 fish for the past 15 years, last year's 90,414-fish chinook run was the second lowest since 1973. The juvenile count hit an all-time low of only 2,000 fish, which does not bode well for 2008 returns.

Even with a complete closure o… Read More

By

SeafoodSource staff

Published on
March 10, 2008

McCormick & Schmick's Seafood Restaurants today launched a consumer-education Web site, SeafoodHealth.com.

The site features news articles, recent scientific research and government recommendations regarding seafood consumption and recipes and preparation tips.

"The benefits of eating seafood have been well documented, and we are committed to sharing this information and helping people incorporate more seafood into their diets," said CEO … Read More

By

SeafoodSource staff

Published on
March 10, 2008

Marine Harvest, the world's largest salmon-farming company, based in Oslo, Norway, today relaunched its Web site, www.MarineHarvest.com.

The improved site features information about salmon farming, processing, Marine Harvest and its products, and a section on the Seafood Value Chain.

There are also two comprehensive sections: Seafood and health discusses benefits of eating seafood, and Corporate Responsibility gives a detailed overview of … Read More

By

SeafoodSource staff

Published on
March 10, 2008

Charlie Trotter's new Las Vegas restaurant, Restaurant Charlie, opened quietly last week, the Chicago Tribune reported on Friday.

The restaurant, which is located in the new Palazzo Resort on the Las Vegas Strip, features a seafood-centric menu.

The grand opening won't be for several weeks, according to the Tribune.

Charlie Trotter's is one of Chicago's most renowned restaurants.… Read More

By

SeafoodSource staff

Published on
March 7, 2008

Phillips Foods announced this week that it is adding a culinary center for product development at its Baltimore headquarters.

Construction for the 3,029-square-foot center began in early January. The center, which features a product-development kitchen, is designed to satisfy a wide range of clients, including full-service foodservice operators, home cooks and non-commercial operators.

"Innovation has been a major driving force in our product d… Read More

By

SeafoodSource staff

Published on
March 5, 2008

March 5, 2008 - Henry Branstetter, former president of Ocean Garden Products in San Diego, passed away in Wilmington, N.C., on Sunday at the age of 94.

Branstetter's first job in the seafood industry was with John Ingles in Modesto, Calif., in 1946. He then went on to work for Wilbur-Ellis in San Francisco, the nation's leading seafood importer at the time, eventually becoming manager of the company's seafood division in New York. In 1957, he be… Read More