Prices for Norwegian salmon have remained steady after they abruptly dropped last week.
According to the Nasdaq Salmon Index, the weighted average index of weekly sales prices and volumes of fresh Atlantic superior salmon, head-on gutted – reported by a panel of Norwegian salmon exporters and salmon producers – increased to NOK 111.49 (USD 10.69, EUR 9.72) per kilogram in the fourteenth week of 2023.
That represents an
… Read MoreSaco, Maine, U.S.A.-based Luke’s Lobster restaurant chain has taken the initiative to increase BIPOC youth involvement in the Maine lobster industry through its growing Lift All Boats mentorship program, which gives students a chance to take part in the industry.
Luke’s Lobster began the Lift All Boats Project in summer 2022 with four high school students in Portland, Maine from diverse backgrounds . The students worked on the
… Read MoreIn March 2023, Honduras President Xiomara Castro announced his country was breaking diplomatic ties with Taiwan, which is its largest export market, to partner with China. The move has many Hondurans working in the shrimp-farming industry concerned about their job security.
Honduras and Taiwan signed a free-trade agreement in 2008, and since then, shrimp exports to Taiwan have become the source of approximately USD 100 million (EUR 91 million)
… Read MoreNOAA Fisheries’ Southeast Fisheries Science Center has released preliminary shrimp landings data for December 2022 for the U.S. Gulf of Mexico and South Atlantic.
Approximately 6.7 million pounds of shrimp were landed in the Gulf of Mexico and the South Atlantic in December 2022, according to NOAA. For the total year, 119.7 million pounds of warmwater shrimp were landed in the U.S., down from its updated figure of 128 million pounds
… Read MoreIn September 2022, Pittsburgh, Pennsylvania U.S.A.-based retailer Giant Eagle announced partnership with ProChile for its campaign “Chile on Board” to promote Chilean seafood at its retail locations across the U.S. states of Indiana, Maryland, Ohio, Pennsylvania, and West Virginia.
With the promotional partnership, ProChile organized an eight-week sales contest for Giant Eagle’s retail seafood leads and managers. The
… Read MoreThe U.S. Food and Drug Administration announced on 3 April, 2023 that 83 seafood entry lines to the U.S. were refused in February. Two of those lines were shrimp from India and Vietnam refused due to banned antibiotics and veterinary drug residues.
The India shipment was from Kerala-based Mangala Seafoods, which has been under an import alert. The company was added to Import Alert 16-129, Detention Without Physical Examination of Seafood
… Read MoreAtlantic surf clams have been found to be abundant and not at risk of being overfished, according to a new study from the U.S. Science Center for Marine Fisheries (SCEMFIS)
SCEMFIS is a collaboration of academic and professional researchers convened through university partners including the University of Southern Mississippi, the Virginia Institute of Marine Science, and the College of William and Mary.
Its latest study, published in the Journal
… Read MoreThe average price paid for global shipping dropped 14 percent in Q1 2023, with North America experiencing the largest decrease, according to Container xChange.
Christian Roeloffs, the CEO of the online platform for container logistics and data, said it was the largest quarterly price-drop his company has ever recorded. Contract rates remain higher than spot shipping rates, resulting in many shippers "holding back to place themselves better"
… Read MoreSeafoodSource is closely following the plant-based and cell-based seafood alternatives market by compiling a regular round-up of updates from the sector.
- The government of Italy has backed a bill to ban laboratory-cultivated meat and foods in order to preserve the Italian food heritage and health protection, BBC reports. The bill, which proposes a fine of up to EUR 60,000 (USD 65,500) for companies creating lab-grown proteins for commercial
… Read MoreSeafoodSource is closely following the sustainable seafood movement by compiling a regular round-up of sector updates pertaining to eco-certifications.
- The Marine Stewardship Council (MSC) hosted the 2023 Sustainable Seafood Awards on 27 March, 2023, showcasing pioneers in the Australia sustainability sector. ALDI won the MSC Best Sustainable Seafood Supermarket award for its "wide range of everyday affordable and accessible MSC-labeled
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