Supply & Trade
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A load of frozen snow crab heisted late last year when the truck driver disappeared en route to the Northeast was recovered last week, says Duane Hilghman, president and CEO of Service Transport, the Hurlock, Md., transportation broker that hired the driver.
Of the 550 cases of snow crab valued at $60,000, 520 cases were found. But the rest of the $145,000 truckload, including 405 cases of frozen shrimp and 289 cases of frozen tuna steaks,… Read More
Talk of a recession is all around us - in the media, at the office, on the train. Even the kid bagging your groceries knows the economy isn't performing all that well. On Friday, the U.S. Department of Labor reported that employers slashed 80,000 jobs last month, the most in five years, as the unemployment rate jumped from 4.8 percent to 5.1 percent, the highest in two-and-a-half years - yet another sign a recession is near. Just how concerned… Read More
Icelandic Group's board of directors will consider delisting the company's shares from Nasdaq OMX Nordic Exchange in Iceland at its April 18 annual meeting, the company announced in a press release on Friday.
Also at the annual meeting, Icelandic's board will submit a motion to shareholders to authorize the company to take out a four-year loan of up to â?¬41 million ($64.5 million).
Glitnir, Iceland's third largest bank, said last week… Read More
Sen. Ted Stevens (R-Alaska) re-emphasized the need to combat illegal, unreported and unregulated (IUU) fishing and to better protect Arctic fisheries at Thursday's Senate Commerce Committee hearing.
Last December, Stevens, the committee's vice chairman, crafted legislation requiring the National Oceanic and Atmospheric Administration to maintain a list of IUU fishing vessels worldwide and drafted a resolution calling for an end to the foreign… Read More
Shells Seafood Restaurants on Wednesday announced Marc Bernstein has been named CEO, effective April 14.
Bernstein previously served as director of operations at Dallas BBQ, a chain of seven restaurants in New York. Prior to that, he was the owner and operator of several restaurant concepts in the New York area.
"We are delighted to welcome someone with [Bernstein's] extensive restaurant experience to lead Shells through these difficult… Read More
A new scientific study has determined that sea lice near salmon farms off the coast of British Columbia are affecting juvenile sockeye salmon and Pacific herring.
The study, published in the April issue of the North American Journal of Fisheries Management, suggests sea lice have "important economic and ecological implications" for more marine species than pink and chum salmon, as previously thought.
Study author Alexandra Morton, a… Read More
Chile's farmed salmon industry faces a "complicated" year due to a wide range of factors, a trade organization said Tuesday at the Reuters Latin America Investment Summit in Santiago, Chile.
A U.S. economic slowdown, a sharp appreciation of the peso against the U.S. dollar, higher energy costs and the ongoing battle with infectious salmon anemia (ISA) will make 2008 a difficult year, said Cesar Barros, president of SalmonChile.
"It is a… Read More
Fresh & Easy Neighborhood Market has grown so quickly - a backbreaking 59 stores across California, Nevada and Arizona in just five months, an average of nearly three stores a week - that even Tesco acknowledges its small-format, convenience-focused concept is "on steroids." But now the British retail behemoth is halting the chain's expansion for three months. Is Tesco just visiting the mound, or is Fresh & Easy destined for the bench?… Read More
The Oceanaire Seafood Room today announced that Chef Ryan Nelson was selected by the Alaska Seafood Marketing Institute as one of 13 chefs from around the country to form the Wild Alaska Seafood Congress of Conscious Chefs. Nelson is the chef at the restaurant chain's Indianapolis location.
The goal of the congress is to share the benefits of wild and sustainable Alaska seafood from a culinary, health and environmental perspective.
Other… Read More
Marriner Marketing Communications, which specializes in integrated marketing solutions for the food and hospitality industries, has been nominated for 10 ADDY awards.
Nominated by the Advertising Association of Baltimore, the company is a finalist for four ads and five campaigns for Maryland Seafood, one ad and one campaign for Phillips Foods and two posters and one campaign for Aramark Refreshment Services.
The company will receive a Gold or… Read More