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
February 24, 2008

The Louisiana Seafood Promotion and Marketing Board yesterday unveiled a certification program to establish a quality standard for Louisiana shrimp and bring traceability to the supply chain, starting with fishermen.

Harlon Pearce, chairman of the Louisiana board, told SeaFood Business the goal of the Certified Wild Louisiana Shrimp program is to get a better price for fishermen by creating a globally recognized brand. The program will focus

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By

SeafoodSource staff

Published on
February 22, 2008

Alabama catfish farmers will receive $3.1 million in federal relief through the U.S. Department of Agriculture's Livestock Compensation Program, the Alabama Department of Agriculture and Industries announced on Wednesday. The aid is expected to be distributed early this year.

The aid will help the state's ailing catfish farmers, who have endured droughts, hurricanes and tornados over the past two years, stay afloat, Agriculture Commissioner Ron

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By

SeafoodSource staff

Published on
February 22, 2008

Trans-Ocean Products of Bellingham, Wash., yesterday announced the promotions of David Green to VP of operations and Larry Mulvey to VP of business development.

"David and Larry have both been significant contributors to this company for a long time and have played vital roles in our continued growth," said Rick Dutton, Trans-Ocean's president, in a prepared statement. "Moving forward, they will take on the added responsibility of establishing

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By

James Wright, Senior Editor

Published on
February 22, 2008

Anyone anticipating some form of mea culpa from the New York Times for its recent coverage of methylmercury in sushi tuna finally got one. Sort of. What eventually came forth was neither a contraction nor an admission of inaccurate or misleading reporting from the editorial board, as the National Fisheries Institute had sought. But the words of Times Public Editor Clark Hoyt, while buried in last Sunday's opinion section, were indeed fit for

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By

SeafoodSource staff

Published on
February 21, 2008

McCormick & Schmick's Seafood Restaurants today reported that its revenues increased to $358.6 in fiscal 2007 from $308.3 million in fiscal 2006. However, the Portland, Ore., company's and net income decreased 34 percent, to $8.8 million in fiscal 2007, which ended Dec. 29.

Among the highlights for the fourth quarter of 2007 compared to 2006 included increased revenues to $99.5 million from $84.3 million. However, restaurant sales

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By

SeafoodSource staff

Published on
February 21, 2008

A Russian fisheries council has proposed a ban on crab fishing in the country's Far East, Interfax News Agency reported yesterday.

"Now any crab in the Japanese market will be illegal, and it will be simply impossible for poachers to conceal their share of the catch from the public," said Irshat Shaikhov, fisheries minister of Russia's Kamchatka territory.

The Russian Far Eastern Research and Fishing Council is expected to submit its

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By

Fiona Robinson, SeaFood Business associate publisher and editor

Published on
February 20, 2008

Sustainable farmed fish will be the topic of many discussions at next week's International Boston Seafood Show. It has been a thorn in the side of buyers who have to discern between different certification programs, from the World Wildlife Fund to the Global Aquaculture Alliance to Friend of the Sea. Some buyers will be relieved to hear the Marine Stewardship Council is reconsidering its 2006 decision to exclude farmed fish as part of its

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By

SeafoodSource staff

Published on
February 20, 2008

Ruth's Chris Steak House of Lake Mary, La., announced yesterday that it completed the acquisition of Cameron Mitchell Restaurants' Mitchell's Fish Market and Columbus Fish Market.

The deal was finalized for approximately $92 million.

"We are very pleased to have closed this transaction, which represents a meaningful entry into the fresh seafood restaurant market. Mitchell's Fish Market's upscale casual focus and contemporary atmosphere is a

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By

SeafoodSource staff

Published on
February 20, 2008

Maine's lobster harvest totaled 56 million pounds last year, down 23 percent from 2006's record catch, according to preliminary figures released by the Maine Department of Marine Resources yesterday. Maine represents about 80 percent of the nation's American lobster catch.

Maine's lobster harvest was valued at $248.5 million in 2007, down 16 percent from the previous year. Due to the drop in landings, the average ex-vessel price of lobster

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By

SeafoodSource staff

Published on
February 19, 2008

Actor Paul Sorvino will unveil a line of gourmet Maryland Style Crab Cakes and Wild American Sauteeing and Stuffed Shrimp product lines at the International Boston Seafood Show next week. Sorvino, of "Law and Order" and "Goodfellas" fame, will be at the Paul Sorvino Foods booth 1315 on Monday from 12 to 2 p.m. to launch the line.

The Paul Sorvino Foods' seafood line consists of three varieties of 6-ounce retail items, including crab cakes made

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