Tue. Apr 7 2020

The Winding Glass: Can Seafood Distributors Survive, and What Will This Summer Look Like?  


TAKING STOCK: An Overdue Financial Market Correction, Impact on Seafood Shares


Maine Senators Ask Secretary Ross to Quickly Release $300M in COVID-19 Relief Aid for Fishermen


Alaska Wants Input on Distributing Cod Crash Relief Funds  


Alaska Fishing Updates for April  


Pacific Council Approves Sardine Harvest Including More Data From Special Fishery for 2020


Japanese Shrimp Imports Fall 11.7% in February  


Unemployment Claims Top 6 Million as Coronavirus Keeps Businesses Closed


Chilean Salmon Farmer Invermar Reports Mass Coho Mortality Due to Algae  


C3 Launches Delivery-Only Sushi Concept, Plans to Expand to Major Metro Areas Across U.S.


Boston Sword and Tuna Opens New 50,000 Square Foot Processing Facility


SeafoodNews.com Summary Tuesday, April 7


Mon. Apr 6 2020

ANALYSIS: Crab Meat Industry Frozen in Place During COVID-19 Pandemic  


ANALYSIS: West Coast Halibut Season Opens Amid COVID-19  


Boston Seafood Show Venue Turned into Coronavirus Field Hospital


New Executive Order Delays Requirement for Maine Seafood Dealers, Processors to Renew Licenses


DFO Temporarily Waives At-Sea Observer Requirements Due to Coronavirus


Notice to Seafood Importers: FSVP Inspections Now Electronic Until Further Notice


University of New England Shares NSF Grant on Lobsters and Climate Change


SeafoodNews.com Summary Monday, April 6


Fri. Apr 3 2020

DFO Delays Snow Crab Season in Newfoundland and Labrador Until April 20  


Seafood Expo North America Rescheduled; Boston Seafood Show to Take Place in September


Are 'Family Meal Deals' at Restaurants the New Normal?


ANALYSIS: Pollock Block Market Thriving Amid COVID-19  


ANALYSIS: February Shrimp Imports Grow 20.1 Percent  


Kodiak Tanner Crab is a Wrap, Dungeness Up Next  


COVID-19: Updated Compendium of Closures/Meeting Changes


Canada Names Seafood Industry As Essential Service, Amid Announcements of Wage Supports


Observer Waiver for Vessels With Northeast Fishing Permits Extended Through April 18  


Rutgers University Team Finds Species of Oysters, Clams Can be Farmed Side-by-Side  


NOAA GARFO Office Helping Fishermen Sell Direct to Consumers


Long John Silver’s Offering Truck Drivers Discount, Curb-Side Pick-Up


Chicken of the Sea Donates More Than Half A Million Servings Of Seafood to Vulnerable U.S. Groups


SeafoodNews.com Summary Friday, April 3


Thu. Apr 2 2020

Alaska’s Coastal Communities Prepare for 2020 Fishing Season as COVID-19 Cases Rise  


Maine’s Commercial Fishing, Processing and Aquaculture Remains ‘Essential’ Under New Executive Order


Local Catch Network Capitalizes on Pandemic to Broaden its Fresh Seafood Scope


These are the Top Operational Changes Restaurants are Making in Response to the Coronavirus


Salmon Group Taps Langeland as CEO as Øen Becomes New US Envoy for Seafood Council


Norwegian Seafood Sector Pivots to Frozen Fish as Production Continues During Pandemic


Restaurant Prices in Canada Expected to Fall Due to COVID-19


Voice Recognition Software Tracks Fish Catches


SeafoodNews.com Summary Thursday, April 2


Wed. Apr 1 2020

Luke’s Lobster Launches E-Commerce Platform to Send Seafood Across U.S.


Haunted by the Coronavirus, Vietnam’s Seafood Industry Suffers


Russian Fish Processors Call on Government to Lift Restrictions on Fish Imports to Domestic Market


Bumble Bee CEO Appointed to Plant-based Food Company’s Board of Directors


Land-based Farm Pure Salmon Poland Earns Ocean Friendly Label  


SeafoodNews.com Summary Wednesday, April 1


Louisiana Oyster Task Force Reaches Out to Newsroom Ink to Tell Their Story  


Tue. Mar 31 2020

SeafoodNews.com Summary Tuesday, March 31


Chicago Restaurant Owners File Lawsuit Against Insurance Company Over Business Interruption Policy


The Winding Glass: Processors Now Key to Lobster and Crab Survival in Canada    


NMFS Approves Final Measures for Atlantic Sea Scallop Management Plan for 2020 Season  


Thai Union Donates Shelf-Stable Seafood to Red Cross


Canadian Government Ensures Support for Seafood Industry During COVID-19 Pandemic


CenSea National Sales Director Dave Bennett Retiring After More Than 25 Years With The Company


China's Struggling Tilapia Industry Encounters More Trouble With Coronavirus Outbreak  


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The Winding Glass: Can Seafood Distributors Survive, and What Will This Summer Look Like?

Datassential reported this week that foodservice sales were down 65% across all sectors due to the impact of COVID-19.  But focusing on those sectors most important to the seafood industry, which include midscale restaurants, casual dining, fine dining and institutional users outside of healthcare, the average loss of business was close to 80%.

Further, 86% of all restaurants who were doing take-out said it just didn’t cut it in terms of volume. Most operators expect this situation to last at last three to...

Full Story »

TAKING STOCK: An Overdue Financial Market Correction, Impact on Seafood Shares 

The emergence of a global common enemy in the form of COVID-19 quickly erased all-time highs in mid-February as international stock markets went into deep sell-off mode.   

While coordinated efforts by central banks in the form of rate cuts and asset purchase programs did little to ward off the initial downturn, market volatility has since eased, though susceptibility remains.   

Keeping with previous analyses, this week's "Taking Stock" is a recap of key dates amid the recent stock market correction...

Full Story »

Maine Senators Ask Secretary Ross to Quickly Release $300M in COVID-19 Relief Aid for Fishermen

In late March the United States Senate voted 96-0 to pass a $2 trillion coronavirus relief package. The bill earmarked $300 million to provide assistance to fishery participants affected by COVID-19. Now, almost two weeks since the stimulus package was passed, representatives from Maine are urging the government to quickly provide relief.

“The seafood and aquaculture industries are experiencing severe financial harm from disruptions to supply, demand, and labor caused by the COVID-19 pandemic,” said Senator Susan Collins...

Full Story »

Alaska Fishing Updates for April

This is Alaska Fish Radio. I’m Laine Welch … Fishing updates and new names for the Fish Board.

There’s lots of spring fishing going on all across Alaska. As always, catches of pollock, cod, and a big mix of other whitefish are still coming in from the Gulf and Bering Sea.

Kodiak’s roe herring fishery kicked off on April 1 with a nearly 1,500 ton harvest limit. About 8 boats are out on the water amid reports of lots of good looking fish.

Kodiak also will get a Dungeness crab opener on May 1...

Full Story »

Unemployment Claims Top 6 Million as Coronavirus Keeps Businesses Closed

According to the U.S. Department of Labor, during the week ending March 28th, the increase in initial unemployment claims due to the impact of the coronavirus reached 6,648,000. This is an increase of 3,341,000 from the previous week's revised level. States continued to identify increases related to the services industry broadly, again led by accommodation and foodservice.

However, state comments indicated a wider impact across industries. Some states cited social assistance and manufacturing. Meanwhile, an increasing number of states identified...

Full Story »

Chilean Salmon Farmer Invermar Reports Mass Coho Mortality Due to Algae

Invermar is reporting a mass mortality of coho salmon at their farm in the Quellon, Los Lagos region. 

According to Sernapesca, the National Fisheries and Aquaculture Service, Invermar notified them of the sudden mortality on Thursday. The farm had 937,257 salmon that weighed approximately 780 grams each. Sernapesca reports that “the number of affected fish is being evaluated in the field due to the presence of the microalgae Cochlodinium sp.”  Cochlodinium is a species of red tide known for causing fish deaths. 

The statement from Sernapesca does not...

Full Story »

Boston Sword and Tuna Opens New 50,000 Square Foot Processing Facility 

Boston Sword and Tuna announced this week that they have opened their new 50,000 square foot processing facility. 

The facility, located at 10 Codfish Way in Boston, boasts a continuously controlled temperature monitoring system with instant access to temperature readings while on and off-site. The facility also has a completely automated ozonated water system, which also has on and off-site monitoring capabilities. Other features at the facility include a completely automated sanitation system, which includes door foamers to ensure...

Full Story »

ANALYSIS: West Coast Halibut Season Opens Amid COVID-19

The fresh west coast halibut season began on March 15 amidst the ongoing COVID-19 pandemic. Initial “first fish” sales were somewhat unsettled and reported to be in the mid $7.00 range, settling at $6.26 to close the month - a  10-year low. Current market prices for whole fresh 20-40 lbs., are 19% lower than their 10-year average of $7.77.

Since the outbreak of COVID-19, fresh seafood sales have been constrained as demand has shifted from...

 

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New Executive Order Delays Requirement for Maine Seafood Dealers, Processors to Renew Licenses 

Seafood dealers and processors in Maine are being provided with some temporary economic relief thanks to a new Executive Order issued by Governor Janet Mills last week. The new order delays the requirement for Maine seafood dealers and processors to renew their license.

According to a bulletin sent out by the Maine Department of Marine Resources, required fees for annual license renewals will be postponed for two months. This only applies to those who are renewing a license. Anyone who is applying for...

Full Story »

Notice to Seafood Importers: FSVP Inspections Now Electronic Until Further Notice

The Food and Drug Adminstration (FDA) announced last Friday that inspections under the Foreign Supplier Verification Programs for Importers of Food for Humans and Animals (FSVP) will be conducted remotely during the COVID-19 public health emergency.

Because of the travel restrictions, social distancing, and other advisories associated with the COVID-19 outbreak, most routine onsite inspections are impractical. Until now, FSVP inspections to review importer’s records have been conducted at the company’s place of business. The rule mandates certain risk-based activities to be performed to verify that...

Full Story »
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Alaska Wants Input on Distributing Cod Crash Relief Funds; Better Make It Quick, Deadline is April 10

The State of Alaska wants input on plans to distribute nearly $24.5 million in federal disaster relief funds for stakeholders and communities hurt by the 2018 Gulf of Alaska cod crash.

Better make it quick – the deadline to comment is April 10.

Cod is Alaska’s second largest groundfish harvest (after pollock), but the Gulf stock dropped by 80% in 2018 following a three year heatwave that disrupted food webs, fish metabolism and egg survival on the ocean floor. It combined to...

Full Story »

Pacific Council Approves Sardine Harvest Including More Data From Special Fishery for 2020

In its first fully-virtual meeting to avoid spreading COVID-19, the Pacific Fisheries Management Council approved catch specifications for Pacific sardines, allowing for a special fishery that will inform future stock assessments. Pacific sardines have not had a commercial fishery for six years, based on a stock assessment showing low biomass and no recruitment that has been at the center of a years-long controversy. 

“One thing everyone agrees on is the need to improve the sardine stock assessment,” stated Marc Gorelnik, vice chair of the ...

 

Full Story »

Japanese Shrimp Imports Fall 11.7% in February

The Japanese Ministry of Finance announced that shrimp imports in February fell 11.7% year-on-year to 12,570 tons, and the value was down 9.2% to 14,485 million yen ($133.5 million). Processed products such as sushi shrimp and shrimp for fried cooking saw the biggest decrease. The amount of frozen shrimp in another category, which includes farmed shrimp, also decreased. The reaction from January, when imports were large, led to these decreases, reports Suisan Keizai Shimbun.

In February, imports of other frozen shrimp, including farmed shrimp such as Banamei...

Full Story »

C3 Launches Delivery-Only Sushi Concept, Plans to Expand to Major Metro Areas Across U.S.

C3 (Creating Culinary Communities), a subsidiary of sbe Entertainment Group, a hospitality company has launched a delivery-only sushi restaurant concept, Krispy Rice.

Krispy Rice is currently operating in Los Angeles and C3 is eyeing an expansion to other major cities including New York, San Francisco and Miami in the coming months.

The goal is to operate at 75 locations within the next two years. C3 Is hoping to find similar success to its Katsuya concept featuring spicy tuna krispy rice, which Krispy Rice was...

Full Story »

ANALYSIS: Crab Meat Industry Frozen in Place During COVID-19 Pandemic

As the crab meat industry navigates through the COVID-19 pandemic, the market is reacting much like many of the other frozen or shelf-stable seafood items, somewhat frozen in place.

The crab meat market is watching the situation at home. Foodservice sales have dwindled considerably, while retail and club store sales have increased. But with a majority of crab meat normally consumed outside of the home, market participants are also closely keeping an eye on overseas production. Crab meat producing countries, like...

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Boston Seafood Show Venue Turned into Coronavirus Field Hospital

Last month the Boston Convention Center was supposed to host Seafood Expo North America (SENA), the largest seafood trade show in North America. This month the 516,000 square foot building will be a temporary hospital for coronavirus patients. 

The Boston Convention and Exhibition Center (BCEC) was set to host the 40th edition of SENA, also known as the Boston Seafood Show, from March 15-17. However, due to the rapid spread of the novel coronavirus (COVID-19), the show organizers, Diversified Communications...

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DFO Temporarily Waives At-Sea Observer Requirements Due to Coronavirus

Fisheries and Oceans Canada (DFO) announced on Thursday that all at-sea observer coverage is temporarily waived due to the novel coronavirus (COVID-19). 

The new requirement means that “all fishing activities authorized under the Fisheries Act must be carried out without any at-sea observer being onboard fishing vessels.” In addition, the order states that “any person authorized to carry out fishing activities under the Fisheries Act is required to not authorize any at-sea observer to come on board any fishing vessel.” This order is in place for...

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