Supply & Trade
SeafoodSource.com is your number one source for global news pertaining to the supply and trade of seafood.
With its geographic proximity to Vietnam and its huge demand for shrimp, China should be a major market for Minh Phu's shrimp, company chairman and CEO Le Van Quang told SeafoodSource.
But in 2018, Minh Phu exported only 450 metric tons (MT) of shrimp to China, worth USD 6 million (EUR 5.3 million), a modest total compared with USD 305.7 million (EUR 273.4 million) the company earned from selling into the U.S. market.
This is likely to change… Read More
A federal judge dismissed National Fish & Seafood’s (NFS) trade secrets case against Tampa Bay Fisheries, its parent company Red Chamber, and former employee Kathleen Scanlon, after the companies agreed to resolve the lawsuit.
Pacific Andes-owned NFS and Tampa Bay “jointly announce that they have satisfactorily resolved the lawsuit brought by NFS against Tampa Bay, Kathleen Scanlon, Red Chamber Co., and certain individuals… Read More
After quickly growing its distribution of fresh, premium Icelandic seafood regionally, Niceland is looking to expand to retailers, wholesale companies, and restaurants across the United States at Seafood Expo North America 2019, taking place in Boston, Massachusetts from 17 to 19 March.
Niceland supplies wild-caught haddock, cod, ocean perch, wolffish, flounder, cusk, pollock, and farmed raised Arctic charr that is flown fresh directly from… Read More
The United States Food and Drug Administration has lifted an import alert on genetically engineered (GE) salmon, paving the way for AquaBounty Technologies to raise and sell its GE salmon in the United States.
The FDA announced the decision 8 March in a prepared statement by FDA Commissioner Scott Gottlieb. The alert was first issued in 2016, and prevented all GE salmon from entering the U.S.
That put AquaBounty in a tricky spot, as the… Read More
Continuing the country’s positive momentum from the back end of 2018, Vietnam’s seafood production continue to grow in the first two months of 2019, reaching an estimated 988,300 metric tons (MT), up 4.6 percent year-on year, according to latest data from the General Statistics Office.
Of that total, the output from aquaculture in the period was estimated at 464,700 MT, up 3.9 percent, while wild-catch fisheries contributed an… Read More
International Women’s Day, on 8 March, has become the day of the year to highlight what women do and review progress. Some workplaces have joined in celebrating this day, featuring heartening commitments to gender equality. But it is also frequent to see in the workplace the omission, forgetfulness, or ignorance of what this day commemorates: the international day of women's rights. We are living in a historic moment where the fact that… Read More
A court hearing was held in Juneau, Alaska earlier this month as part of a civil case filed by the Sitka Tribe against the Alaskan Department of Fish and Game, in an effort to have the department take action to address the dwindling numbers of herring in Sitka Sound, according to The Juneau Empire.
Although last year, the department expected a catch of more than 11,000 metric tons (MT) of sac roe herring, not even 3,000 MT were… Read More
Tuna importers and exporters in Vietnam are complaining that their business operations have been severely impacted due to new requirements from the country’s Ministry of Agriculture and Rural Development, according to statements from Vietnam Association of Seafood Exporters and Producers (VASEP).
There are two circulars from the ministry that are now affecting both importers and exporters of tuna, VASEP said.
On 25 December, 2018, the… Read More
Without apology or explanation – or even acknowledgement – Tokyo Governor Yuriko Koike has reversed her promise to redevelop the city’s famed Tsukiji fish market as a food-related theme park. She now backs a plan to build an international conference and exhibition hall complex at the site, which will include a luxury hotel, waterfront open space, restaurants, and docks.
Critics are demanding Koike explain her reversal to the… Read More
The United States Department of Agriculture is asking for bids on 324,000 pounds of frozen wild salmon fillets.
Bids on the salmon, which will be used for the National School Lunch Program and other Federal Food and Nutrition Assistance Programs, must be made by 29 March.
The USDA wants the frozen salmon fillets delivered in cases of 40, one-pound packages.
USDA is requesting that 216,000 pounds of the salmon be delivered to Kansas City,… Read More