WASHINGTON, D.C. — A bipartisan bill introduced April 30 2015 would permanently extend a 17-year fishery management agreement for the West Coast’s valuable Dungeness crab fishery.
Currently, Washington, Oregon and California cooperatively manage the West Coast crab fishery under a tri-state agreement first authorized by Congress in 1996. Under the agreement, the states work with the Pacific States Marine Fisheries Commission to manage stocks and conduct fishery science. The plan has to be regularly extended and is set to expire in 2016.
H.R. 2168, introduced by U.S. Sen. Maria Cantwell, D-Wash., in the Senate and by Rep. Jaime Herrera Beutler, R-Wash., in the House of Representatives.
The years 2002 through 2005 were bad for Bering Sea pollock. The biomass plunged during those years. In a presentation in Washington, D.C., a NOAA fisheries biologist said today ongoing research points to two suspects: ice and fat, in league with each other.
NOAA biologist Ed Farley of the Alaska Fisheries Science Center says the low pollock years were warm, resulting little Bering Sea ice by May. The ice rebounded in 2007-2012, and so did the pollock.
“If we focus on that downward trend, that tended to occur during that early ice retreat period. That drop amounted to a 40 percent drop in available pollock catch, so that was a big issue. No one really understood why the pollock biomass was declining but it was impacting the fishery.”
Whiteleg shrimp was still the main export item of Vietnam in QI/2015, despite its 29.3% year-on-year reduction in export value.
Accounting for almost 60% in the total of Vietnam's shrimp exports, whiteleg shrimp export valued USD 340 million. Black tiger shrimp exports meanwhile dropped by 31.6% to USD 178.1 million.
Black tiger shrimp was mostly exported in form of frozen raw while whiteleg shrimp was exported as processed and value-added products.
Cumulative output was estimated at 1748.4 thousand MT, up 3.4% year-on-year.
Total seafood, both from capture and aquaculture in April 2015, was estimated at 563.2 thousand MT, up 3.4% year-on-year, including 425.1 thousand MT of fish and 43.8 thousand MT of shrimp. Aquaculture output in April totaled 240.6 thousand MT, with 193.9 thousand MT of fish and 34.4 thousand MT of shrimp.
Favorable weather, lower fuel prices and relatively stable price encouraged fishermen to expand businesses. Capture output in April was 322.6 thousand MT, representing a 6.4% year-on-year increase. Aprroximately 312.6 thousand MT of marine fish was caught, reporting a 6.6% growth from 2014.
Clearwater Seafoods (TSE:CLR) had its target price lowered by Scotiabank from CAD 14.00 to CAD 13.50 in a research note released on Monday 4th of May 2015 morning. They currently have a sector perform rating on the stock.
Scotiabank has also modified their ratings on a number of other stocks in the few days. The firm reiterated its sector outperform rating on shares of Magna International Inc.. Also, Scotiabank downgraded shares of Teck Resources Ltd from a sector outperform rating to a sector perform rating.
GLOUCESTER - National Fish & Seafood (NFS), a U.S.-based division of Pacific Andes Group, is celebrating the company's forward momentum, and responding to new opportunities. The company is expanding its product offerings, personnel and promotional efforts to serve its major retailer, distributor, institutional food service and restaurant chain partners located across the United States. It is also taking a growing leadership role to establish and expand new globally recognizable certification programs to help ensure seafood is caught, harvested and processed using sustainable, socially responsible practices.
With the appointment of James (Jim) Faro to helm National Fish & Seafood's sales efforts as Director of Sales and R&D, the company experienced a record breaking Q1 2015, also earning new listings with grocery retailers Albertson's and Safeway. Under his leadership, and with the implementation of a refreshed team-based sales approach and new initiatives underway in Seattle, Washington, Ohio, New Jersey and Massachusetts, the company has refocused its seafood product offerings into six unique categories - bagged shrimp, bagged fillets, breaded shrimp, breaded fish, specialty, and stuffed.
EASTON — U.S. Sen. Barbara Mikulski, D-Md., made a push in a Senate appropriations subcommittee hearing Wednesday, April 29 2015 to the homeland security secretary to conduct an immediate audit of the nation’s non-immigrant H-2B visas.
According to a letter Mikulski delivered to Jeh Johnson, secretary of homeland security, more than 40 percent of Maryland’s seafood processors have been unable to get the workers needed for the 2015 crab season.
The lack of available temporary foreign workers has “caused chaos among businesses in (Maryland) that depend on the H-2B program,” the letter from Mikulski reads.
Sysco Corp. ’s takeover of US Foods Inc. may turn on the outcome of a rare courtroom battle for the Federal Trade Commission.
The U.S. has asked a federal judge to block the food distributor’s USD 3.5 billion deal. Regulators contend the merger would give Sysco an oversized share in an industry it already dominates, raising prices for restaurants, hotels and schools.
U.S. District Judge Amit Mehta in Washington is hearing arguments over the agency’s claim that the takeover is anticompetitive. A win by the FTC would give it time to pursue a permanent halt.