Supply & Trade

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

Published on
December 13, 2018

China will ultimately be “the formulator” of the global rules on international fishing, Liu Zhong Xin, the deputy head of the Fisheries Management Bureau at the Ministry of Agriculture said recently in an interview with the Beijing-based Global Times.

In the interview, which was part of an extensive article on the prospects for China’s distant water-fishing industry, Liu said he sees China’s dominance of global

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By

Madelyn Kearns

Published on
December 13, 2018

Lindsey Piegza, an economist globally renowned for her research and analysis of breaking economic trends, will deliver the keynote address at the 2019 Seafood Expo North America/Seafood Processing North America (SENA) event taking place in Boston, Massachusetts this upcoming March. 

Currently serving as the chief economist for U.S.-based company Stifel Fixed Income, Piegza’s perspective surrounding world economies, financial markets,

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By

Madelyn Kearns

Published on
December 13, 2018

Americans ate over a pound more seafood per capita in 2017 than they did the year before, according to the latest figures shared in the National Fisheries Institute’s (NFI) annual list of the top 10 most consumed seafood species in the United States. 

In 2017, Americans consumed 16 pounds of seafood per capita, an increase of 1.1 pounds from 2016 – a considerable hike, said NFI President John Connelly. 

“More than a

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By

Steve Bittenbender

Published on
December 12, 2018

American seafood is one step closer to being served exclusively in school lunches across the country.

The U.S. Senate on Tuesday, 11 December, passed the Farm Bill, by an 87-13 margin. Now, the five-year agriculture-related appropriations and policy making bill goes to the House, which is expected to vote on this issue today, Wednesday, 12 December.

While the bill is making headlines elsewhere for legalizing hemp and increasing farm subsidies,

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By

Jason Holland

Published on
December 11, 2018
Scottish salmon

Scotland Fisheries Secretary Fergus Ewing has written to the U.K. government raising serious concerns about the current Brexit Withdrawal Agreement’s failure to ensure tariff-free access to European markets for Scotland’s seafood exports.

Ewing warned Environment Secretary Michael Gove that non-tariff barriers like customs delays at ports could be catastrophic for an industry that relies on frictionless passage across borders,

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By

Madelyn Kearns

Published on
December 10, 2018

A salvage crew dispatched by Panama City, Florida, U.S.A.-based company Eastern Shipbuilding has righted Glacier Fish Co.’s new factory trawler, the North Star, after it capsized in the extreme weather of Hurricane Michael roughly two month ago. 

On Wednesday, 5 December, the North Star was lifted upright from its starboard side in the waters off of Mexico City Beach, Florida, an area of the panhandle hit hardest by Hurricane Michael,

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By

Christine Blank

Published on
December 10, 2018

As opposition to the sale of genetically modified salmon in Canada grows, the Canadian government is requiring that AquaBounty's Prince Edward Island-based facility undergo a new federal risk assessment.

The assessment comes on the heels of seven companies and 21 environmental groups expressing concerns about the lack of mandatory GM food labelling to the Canadian government earlier this week. In a letter to the Minister of Environment and

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By

Jason Holland

Published on
December 7, 2018

Higher whitefish catching quotas, aligned with more sophisticated equipment that improve yield and portion control, are enticing more European seafood suppliers to now use processors within the 28 countries belonging to the Euroepan Union, rather than in distant locations, according to the new “Finfish Study 2018,” compiled by AIPCE-CEP.

The Brussels-based E.U. fish processors and traders association believes this shift away from the

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By

Brian Hagenbuch

Published on
December 7, 2018

The Alaska Seafood Marketing Institute (ASMI) is crossing its fingers that its request goes through for several million dollars in federal aid to defray costs of the trade war between U.S. President Donald Trump’s administration and China.

ASMI, a state-run entity, has requested USD 9 million (EUR 7.9 million) over three years as tariffs threaten to undermine the market for Alaskan seafood in China. The request was submitted to the

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By

Allan Lynch

Published on
December 6, 2018

Two Canadian entrepreneurs have launched a technology package they believe will help the fishing and aquaculture industry reduce waste, improve product quality, and boost profits. 

Sheamus MacDonald and Aleksandr Stabenow recently launched Sedna Technologies in Dartmouth, Nova Scotia. They offer a hardware and cloud-based software suite that can automatically track and trace fresh and frozen products from catch to delivery to the

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