Fuel and fishmeal and fish oil subsidies have been activitated in Japan, following the continued weakining of the Japanese yen.
Japan has long-standing safety nets for the fishing sector, including fuel subsidies for capture fisheries and feed subsidies for aquaculture. The systems work on a matching-contribution system. In preparation for soaring fuel and compound feed prices, seafood companies and the government save funds at a
… Read MoreTokyo, Japan-based Maruha Nichiro has rebranded with the goal of increasing its public profile and encouraging consumption of its seafood products.
The company was established in 2007 when two separate companies – Maruha and Nichiro – merged. Nearly a decade after the merger, the company performed a public study that found public recognition of its brand was relatively low, Maruha Nichiro Corporate Branding Department
… Read MoreThe International Commission for Conservation of Atlantic Tuna (ICCAT) wrapped up its 23rd special meeting with agreements on bluefin tuna and shark conservation.
At the meeting – held in a hybrid live and online format in Vale do Lobo, Portugal from 14 to 21 November – ICCAT member-states agreed to establish a management procedure for Atlantic bluefin and set a catch quota for the Southern Atlantic mako shark population.
A
… Read MoreThirty-three Marine Stewardship Council-certified tuna fisheries in the region managed by the Western and Central Pacific Fisheries Commission (WCPFC) may lose certification if the WCPFC fails to adopt management procedures at its upcoming 19th Regular Session, scheduled to take place in Da Nang, Vietnam from 28 November to 3 December, 2022.
The WCPFC is a regional fishery management organization (RFMO) that manages highly migratory fish
… Read MoreJapan’s most famous crab restaurant chain, Osaka-based Kani Doraku Co., Ltd., celebrated the opening of the snow crab season in the Sea of Japan by offering a cup of crab-flavored ice cream for JPY 500 (USD 3.58, EUR 3.44) at its flagship store in the Dotonbori area of Osaka from 6 November.
The season for Matsuba Crab – a regional brand of snow crab from Tottori prefecture – began on 4 November. The ice cream is topped with a
… Read MoreJapan’s major seafood companies are feeling both negative and positive effects from a weakening of the country's currency.
Japanese importers must pay more to purchase seafood and transportation, and are having a hard time passing on higher costs to consumers, as Japan’s wages have been flat for over two decades. However, profits repatriated from the United States look larger when reported in yen.
Examples of seafood items that
… Read MoreJapan’s Fisheries Agency has established "Sakana Day," stretching from the third to the seventh day of every month, in an effort to promote seafood consumption.
The campaign kicked off in November with various sales at hundreds of participating retailers. In a press release, the Fisheries Agency said the campaign is meant to increase consumption of marine products amid a long-term downward consumption trend in Japan.
Japan’s
… Read MoreTwo Japanese fishing villages are calling on their prefectural government to consider measures to stop the fishing operations of Russian trawlers in the Nemuro Strait.
The mayors, town councilors, and heads of local fishery cooperatives of Rausu and Betsukai, based in the Nemuro sub-prefecture of Hokkaido, are asking the Hokkaido government and Japan's Fisheries Agency, Ministry of Agriculture, Forestry and Fisheries, and the Ministry
… Read MoreThe Tokyo Sustainable Seafood Summit (TSSS) 2022 was held 19 to 21 October, 2022, as a hybrid-live and online event. Hosting a variety of speakers and panelists, the event was sponsored by Nikkei BP and Seafood Legacy, the David and Lucile Packard Foundation, and the Walton Family Foundation.
The event focused on human rights due diligence relating to seafood supply chains, providing an overview of efforts being undertaken by major market
… Read MoreThe International Commission for the Conservation of Atlantic Tunas (ICCAT) is holding its annual meeting 14 to 21 November in a hybrid format, both virtually and in person in Vale do Lobo, Portugal.
In the run-up to the meeting, the International Pole and Line Foundation (IPNLF) and the International Seafood Sustainability Foundation (ISSF) separately published position statements, detailing their requests to the regional fishery management
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