Saving Seafood

Economic Impact

New Bedford nation’s richest port for 19th year in a row

February 21, 2020 — New Bedford’s reign as the most valuable port in the country reached 19 straight years as NOAA released its report on U.S. Fisheries for 2018.

U.S. fishermen landed 9.4 billion pounds of fish valued at $5.6 billion at ports around the nation — consistently high figures on par with recent years, which bring economic benefits up and down the seafood supply chain, a press release from NOAA stated.

New Bedford and Dutch Harbor in Alaska continue to dominate the list of top ports driven by landings of top-valued sea scallops locally and pollock for Alaska — the nation’s largest commercial fishery.

New Bedford brought in $431 million in 2018, up from $390 million in 2017, making it the top port by value in the country for the 19th straight year. Other top ports by value in the New England/Mid-Atlantic region include Cape May/Wildwood, New Jersey ($66 million), Point Judith, Rhode Island ($64 million), Stonington, Maine ($60 million), Hampton Roads Area, Virginia ($55 million), and Gloucester ($53 million).

According to the Fisheries of the United States report, which is compiled by NOAA, U.S. highest value species groups in 2018 included lobster ($684 million), crabs ($645 million), salmon ($598 million), scallops ($541 million), and shrimp ($496 million).

Read the full story at the New Bedford Standard-Times

Fisheries of the U.S Report: 2018 a Strong, Successful Year for U.S. Fishermen

February 21, 2020 — The following was released by NOAA Fisheries:

In 2018, U.S. fishermen landed 9.4 billion pounds of fish valued at $5.6 billion at ports around the nation—consistently high figures on par with recent years, which bring economic benefits up and down the seafood supply chain.

According to the Fisheries of the United States report, which is compiled by NOAA using data and analysis not immediately available at the same end of a fishing year, U.S. highest value species groups in 2018 included lobster ($684 million), crabs ($645 million), salmon ($598 million), scallops ($541 million), and shrimp ($496 million).

Dutch Harbor in Alaska, and New Bedford in Massachusetts, continue to dominate the list of top ports driven by landings of pollock for Alaska (the nation’s largest commercial fishery) and top-valued sea scallops in Massachusetts.

New Bedford brought in $431 million in 2018, up from $390 million in 2017, making it the top port by value in the country for the 19th straight year. Other top ports by value in the New England/Mid-Atlantic region include Cape May/Wildwood, NJ ($66 million), Point Judith, RI ($64 million), Stonington, ME ($60 million), Hampton Roads Area, VA ($55 million), and Gloucester, MA ($53 million).

Top ports by landings in the New England/Mid-Atlantic region are Reedville, VA (353 million pounds), New Bedford, MA (114 million pounds), Cape May/Wildwood, NJ (102 million pounds), Gloucester, MA (59 million pounds), Point Judith, RI (48 million pounds), and Portland, ME (46 million pounds).

Read the full release here

Cooke eyes deal for fast-growing Argentinian shrimp firm with Spanish plant

February 20, 2020 — Acquisitive Canadian seafood giant Cooke is eyeing a deal for Grupo Cabo Virgenes, an Argentina-based fishing and processing firm with a plant in Spain, reports Alimarket.

According to the website’s sources, Cooke is looking at buying all Cabo Virgenes’ assets, which include nine vessels and a plant in Argentina, and the value-added factory in Spain, but the talks are in the early stages and a deal is not imminent. Cooke is already operating in Spain, with seabass and seabream farmer Culmarex.

Cabo Virgenes and Cooke were not immediately available for comment to Undercurrent News. 

An Undercurrent source confirmed he’d also heard of the talks. “Cooke needs to enter the Spanish [shrimp] market and Cabo Virgenes is a good operation for starting with wild shrimp in Argentina,” he said.

Cooke has already started to expand in the Argentinian shrimp sector and Glenn Cooke, co-founder and CEO, told Undercurrent last year the company plans more deals. Cooke was previously being linked to a deal for vessels owned by Grupo Conarpesa Continental Armadores de Pesca (Conarpesa), but nothing materialized. The company has also snapped up two Central American shrimp farmers, Seajoy Group and Farallon Aquaculture de Nicaragua.

Read the full story at Undercurrent News

Twelve of Carlos Rafael’s vessels officially sold to Blue Harvest

February 20, 2020 — The boxing match over a large portion of the Codfather’s fleet with its counter punches and knockouts has come to an end and Blue Harvest Fisheries is left standing to take its victory lap.

Blue Harvest announced in a statement Thursday that they closed a deal with Carlos Rafael for 12 of his groundfishing vessels and 27 of his permits.

Those vessels and permits will be staying in New Bedford, according to the statement.

“This agreement ensures a major portion of the groundfish fishery remains in the Port of New Bedford, with vessels docked in New Bedford and crewed by local fishermen,” Blue Harvest Fisheries said.

New Bedford Mayor Jon Mitchell has long been vocal about his hope that the permits and vessels would remain in the Whaling City.

Read the full story at the New Bedford Standard-Times

Blue Harvest finalizes acquisition of portion of Carlos Rafael fleet

February 20, 2020 — Last year in New England, U.S.A., 90 percent of the haddock quota and 92 percent of the pollock quota was left in the water.

Blue Harvest, based in New Bedford, Massachusetts, is aiming to change those numbers and the company’s recent acquisition of 12 groundfish vessels and 27 fishing permits is a part of its efforts to begin utilizing the resource. The vessels, and permits, were formerly part of the fleet of Carlos Rafael – a.k.a. “The Codfather” – who pleaded guilty in 2017 to falsifying fish quotas, tax evasion, and conspiracy and then subsequently settled a civil case with NOAA that forced him to permanently stop all commercial fishing by 31 March, 2020.

Read the full story at Seafood Source

Russia-Alaska seafood trade remains a one-way street benefiting Russia

February 19, 2020 — Lost in the headlines about the hits to seafood sales from the Trump administration’s trade war with China is another international barrier that’s been going on far longer.

In August 2014, Russia placed an embargo on all U.S. food products to retaliate for sanctions the U.S and other Western countries imposed over the invasion of Ukraine. The ban included Alaska seafood, which at the time accounted for more than $61 million in annual sales to Russia, primarily pink salmon roe.

But here’s the bigger hurt: For the nearly six years that the embargo has been in place, no corresponding limits have ever been imposed on Russian seafood coming into the U.S.

At first, Alaska seafood companies and the state’s congressional delegation made some “tit for tat” noise about imposing a ban on Russian seafood. But in fact, the value of Russian imports has grown nearly 70% since 2014 — and it all comes into the U.S. almost entirely duty-free.

Read the full story at the Anchorage Daily News

“Wild vs. farmed” debate hurts seafood sales, GAA panel agrees

February 11, 2020 — With both aquaculture standards and fisheries management practices improving steadily, panelists at a roundtable discussion hosted by the Global Aquaculture Alliance said it is time for the seafood industry to call a cease-fire in the “wild versus farmed” debate and launch a joint effort to increase U.S. seafood consumption across the board.

The debate, titled “Come Together: Uniting the Wild and Farmed Seafood Sectors,” focused on how the U.S. seafood industry help land more seafood onto American dinner plates.

Read the full story at Seafood Source

Offshore aquaculture firm, formerly known as Kampachi Farms, rebrands as Ocean Era

February 10, 2020 — The Kona, Hawaii, U.S.A.-based offshore aquaculture company formerly known as Kampachi Farms, LLC, is rebranding as Ocean Era, LLC, the firm announced on 10 February.

The move is intended to position the company to better address both opportunities and challenges facing modern aquaculturists and the planet at large, according to Neil Anthony Sims, the firm’s co-founder and CEO.

Read the full story at Seafood Source

Coronavirus Slams Florida’s Lobster Industry

February 7, 2020 — His boat loaded with empty lobster traps, Gary Nichols pulls up to his fish house on Conch Key.

“Another happy day to get to the dock,” as his crew tied up his boat and began unloading the traps.

Although China is 9,000 miles away, the coronavirus is causing the lobster season to end early for Nichols and many of the other lobstermen of the Florida Keys.

“Traditionally we fish to the middle or end of March,” Nichols explained. “But the Chinese have stopped the buying due to the coronavirus.”

With the virus spreading across China, commercial flights from the United States were recently halted. But even before the airlines stopped flying, the major buyers in China were canceling orders for Florida’s spiny lobster. Fear surrounding the virus was hitting the country’s economy and keeping people out of restaurants.

Florida lobster is considered a delicacy in China and is often the star of any celebratory dinner, especially during Chinese New Year which has been underway for the past week. For Florida’s lobstermen, this is when prices soar.

“We had just gotten our prices up to a decent level,” Nichols explained. “This is when our price is normally between $12 and $20 a pound for lobster.”

Read the full story at CBS 4

Northern Lights: The national seafood nexus

February 6, 2020 — For more than 30 years, Alaska has been the nation’s largest producer of seafood by volume and value. This status continues into a fourth decade, detailed in a recently published report commissioned by the Alaska Seafood Marketing Institute. Focused on the 2017-18 period, the report describes the broad economic impact of the state’s seafood industry on a regional, statewide and national level, in addition to details about global competition, tax revenue generated by the industry, and other special topics.

Over the study period, an estimated 58,700 workers were directly employed annually in the industry with wages totaling $1.7 billion. Approximately 29,400 commercial fishermen participated in Alaska’s fisheries aboard more than 9,000 vessels ranging from small skiffs to large catcher-processors. Trawl, pot, longline, gillnet and seine gear types are the primary harvest methods in Alaska’s fisheries. About 26,000 processing workers were employed across Alaska in 166 shoreside facilities, with other processors active on vessels that harvest and process their catch. About 3,300 individuals worked at salmon hatcheries, managed fisheries, marketed seafood and provided other support services.

In addition to direct employment, additional impacts occur when industry participants purchase goods or services. For example, the welder repairing a gillnet vessel or the truck driver delivering fuel to a processing plant are indirectly supported by the industry. The seafood sector is also credited with impacts associated with local government services supported by seafood-related taxes or purchases in retail stores by processing workers, for example. Including all economic impacts, 37,700 full-time equivalent jobs, $2.1 billion in wages, and $5.6 billion in economic output (a measurement that captures all economic activity) is supported by the industry in Alaska.

Read the full story at National Fisherman