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Aug 16 - DFO Announces Temporary Cod Closure For NAFO Division 3KL


Aug 11 - Loki Foods Secures Funding, Unveils Sustainable Atlantic Cod Fillet Alternative


Aug 11 - AK Updates: Lots of Fishing Going on Besides Salmon


Aug 8 - Japanese Fish Sector Continues to Bear Losses Due to Sanction Wars With Russia


Jul 22 - Norwegian Cod Farmer Lands $7 Million Sales Agreement, Inks Another Processing Deal


Jul 11 - Russia and Norway Close to Termination of Arctic Fisheries Agreements


Jul 11 - Japan: Frozen Black Cod Imports Reached 8000 Tons in 2021


Jul 5 - FFAW, Association of Seafood Producers Respond to Minister’s Decision to Close Gulf Cod


Jul 5 - Norwegian Seafood Council Names New CEO Amid Historic Start for Seafood Exports in 2022


Jun 30 - True Westfjords Debuts Cod Liver Brand Oil ‘Dropi’ Using 1,000-Year-Old Process


Jun 27 - DFO Releases Management Decision for NL Northern Cod Stewardship Fishery


Jun 22 - Blue Ocean Technology, Purecod Sign Deal For State-of-the-Art Sludge Dewatering Facility


Jun 21 - Hokkaido Fishermen on Verge of Serious Loss Due to Russia’s Decision to Suspend Fisheries Agreement


Jun 6 - April Pollock Surimi Production Keeps Slowing Down in Hokkaido


May 17 - These Are The Top 10 Seafood Items Consumed In The U.S. For 2020


May 4 - Bering Select’s Alaskan Cod Live Oil Lands Certification From Responsible Fisheries Management Group


May 4 - Norwegian Salmon Prices Up in April Behind Increased Demand, Less Access to Volume


May 2 - Russia Considering Taking Measures for Prevention of Fish and Seafood Shortage in Domestic Market


Apr 27 - Iconic Northern Cod’s ‘Fishery Improvement Project’ Continues


Apr 13 - Russian Fish Processors Call on State to Limit Fish Exports From Russia


Apr 6 - Agreement on TAC for 3Ps Cod Fishery Reached Between Canada and France


Apr 6 - U.S. Becomes Largest Growth Market for Norwegian Seafood Through Q1


Mar 28 - Asian Seafood Markets Get Into Trouble During the Russia-Ukraine War


Mar 25 - Russian Seafood Import Ban Deadline Pushed From March 25 to June 23, 2022


Mar 21 - ANALYSIS: Sanctions and Tariffs Shift Focus to Icelandic Cod


Mar 15 - Purecod Receives Permit For Closed-Pen Farming in Norway


Mar 3 - Royal Greenland Announces They Will Temporarily Stop Trading With Russia


Mar 3 - Strong Month for Norwegian Seafood Exports Overshadowed by Russia-Ukraine War


Mar 3 - Alaskan Leader Seafoods Bringing 6 New Products to SENA, Including Symphony of Seafood Winners


Mar 2 - A Look at the Most Popular Seafood During Lent


Mar 2 - Russian Fishing Industry Hoping for Best Despite Tough Economic Environment and Western Sanctions


Mar 2 - Icewater Seafoods Cancels Imports of Russian Cod in Support of Ukraine


Feb 24 - Wendy’s Bringing Back Crispy Panko Fish Sandwich for 2022 Lenten Season


Feb 8 - 2022 Marks Best Start Ever for Norwegian Seafood Export Value


Jan 25 - Norcod Lands Delivery Contract with Spain Supermarket Chain, Increases 2025 Harvest Forecast


Jan 21 - Department of Commerce Determines Several Alaska Salmon, Crab and Cod Fisheries are Disasters


Dec 23 - This Week in Retail: Seafood Features Are Ablaze Amid the Holidays


Dec 20 - Russian Fishermen May Face Serious Problems During Catch in Foreign Territorial Waters


Dec 20 - The Winding Glass: 2021 Was Fantastic Year for Seafood as Disruption Played to Our Strengths


Dec 15 - China Adjusting Import, Export Tariffs For Seafood Items Ahead of Beijing Winter Olympics


Nov 30 - Russia’s Norebo Group Expands Domestic Presence


Nov 29 - Beijing Strengthens Seafood Market Supervision


Nov 18 - EDITORIAL: It is Time to Recognize and Celebrate Responsible Federal Fisheries Management


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DFO Announces Temporary Cod Closure For NAFO Division 3KL

On Monday the Department of Fisheries and Oceans (DFO) announced that the Northern cod Stewardship fishery in NAFO Divisions 3KL will be closing at 2000 hours on Wednesday, August 17. According to the news release, the closure applies to vessel classes A283 and A295.

The DFO says that the closure is consistent with the provisions of the 2022 Conservation Harvesting Plan. Based on the plan, a closure is necessary when landing approach the maximum authorized harvest allocated for the period. In the case of...

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Loki Foods Secures Funding, Unveils Sustainable Atlantic Cod Fillet Alternative

The stars are aligning for Loki Foods, an Icelandic plant-based seafood start-up. The company recently raised $500,000 in their latest funding round. And in addition to that, Loki has also unveiled their plant-based Atlantic cod fillet.

Loki Foods’ mission is to “supply the world with sustainable, plant-based Arctic food that does not compromise on nutrition, taste, texture, cookability or affordability.” Their first product, Loki White Fish, is high in protein and omega-3s & 6s. To top it off, the company boasts that their product cooks...

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Japanese Fish Sector Continues to Bear Losses Due to Sanction Wars With Russia  

The decision of Russia to impose its countersanctions against the West and other countries has led to the growth of prices in local markets and even crisis in their fish sectors.

For example, Japan has faced serious interruptions with the supplies of salmon and its caviar, which negatively impacts its HORECA sector.

So far, most of red fish has been supplied to the country from Norway and some EU countries. However the recent closure by Russia of its airspace for the majority of transatlantic flights...

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Russia and Norway Close to Termination of Arctic Fisheries Agreements  

The Russian Parliament (State Duma) plans to suspend or even terminate the existing agreement between Russia and Norway on the delimitation of maritime spaces and cooperation in the Barents Sea, which may have a negative effect on regulation of fish stock and its catch of both countries in this area.

The agreement between the sides was signed in 2010 and at that time was considered as a major diplomatic success. Prior to this, for four decades Moscow and Oslo unsuccessfully tried to share...

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FFAW, Association of Seafood Producers Respond to Minister’s Decision to Close Gulf Cod

The Fish, Food and Allied Workers Union (FFAW-Unifor) and the Association of Seafood Producers (ASP) are speaking out following Minister Joyce Murray’s decision to close the small cod fishery in the Gulf of St. Lawrence.

On Monday, July 4, Minister Murray announced a one-year ban on commercial cod fishing in the northern Gulf of St. Lawrence in an effort to allow young fish to reach maturity. Her decision came just a few days after the 30th anniversary of the 1992 cod moratorium, which put...

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True Westfjords Debuts Cod Liver Brand Oil ‘Dropi’ Using 1,000-Year-Old Process

True Westfjords, an Icelandic cod liver oil manufacturer debuted its “Dropi” brand which uses a 1,000-year-old technique of cold-process extraction applied by the Scandinavian nation’s Viking settlers.

The company wanted to set a “gold standard” for extra-virgin cod liver oil in its rawest form and with it create a new category of clean fish oil. The company said Vikings used to extract the oil from Atlantic cod in the region and said the method has been passed down for generations...

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Blue Ocean Technology, Purecod Sign Deal For State-of-the-Art Sludge Dewatering Facility

Blue Ocean Technology AS has signed a contract for the delivery of a Plug & Farm containerized sludge and water treatment facility to Purecod, the world’s first cod farming company using closed pens in the sea.

The Plug & Farm facility includes Blue Ocean Technology’s core dewatering solutions Belt filter and a Screw press. 

“This is a pioneering facility in closed-cages aquaculture at sea, with full control of all discharges and the entire value chain,” said Hans Runshaug, CEO of Blue Ocean Technology. “This is a...

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April Pollock Surimi Production Keeps Slowing Down in Hokkaido

The April production of land-based surimi from Hokkaido announced by the National Surimi Manufacturers Association dropped sharply in Alaska pollock surimi. The January-April cumulative total was almost the same as the previous year. Suisan Keizai Shimbun reported that the strong performance until February was utterly overshadowed, and the growth rate of Atka mackerel slowed down.

Production in April was 514 tons for Alaska pollock surimi, down 19.3% from the same month of the previous year and decreased by 20% for the second consecutive month. Atka mackerel surimi...

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Bering Select’s Alaskan Cod Live Oil Lands Certification From Responsible Fisheries Management Group

Bering Select, a manufacturer of wild-caught Alaskan cod and salmon-derived omega-3 ingredients, has attained Alaskan Responsible Fisheries Management (RFM) certification for its Alaskan Cod Liver Oil, the company announced on May 3.

Alaska FRM is benchmarked by the Global Sustainable Seafood Initiative and aligned with the United Nations Food and Agriculture Organization Code of Conduct for Responsible Fisheries, the most comprehensive set of international standards and best practices for wild fisheries, per Bering Select...

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Russia Considering Taking Measures for Prevention of Fish and Seafood Shortage in Domestic Market

Russia is considering taking measures for the prevention of fish and seafood shortages in the domestic market, which could be the result of unprecedented sanctions, imposed on the country.

According to recent statements of Alexey Buglak, head of the Russian Pollock Association, which were made in an interview with the local RBC business paper, the deliveries of certain fish and seafood species to the domestic market, such as shrimp, Atlantic herring and mackerel can be partially replaced by domestic products, as Russian fishermen produce them...

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Russian Fish Processors Call on State to Limit Fish Exports From Russia  

Leading Russian fish processors have called on the national government to limit exports of fish due to a possible shortage of raw materials for their needs.   

The initiators of the idea expect that this will allow them to reserve at least 2.9 million tons for the domestic market, which will prevent a sharp rise in prices and will allow them to stay afloat amid the current conditions.  

Alexander Panin, chairman of the Russian Fish Union, a public association which unites...

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U.S. Becomes Largest Growth Market for Norwegian Seafood Through Q1

A look at seafood exports from Norway through the first quarter of 2022 saw the U.S. become the largest growth market for seafood products from the country, according to the Norwegian Seafood Council.

During Q1 seafood exports to the U.S. jumped by NOK 785 million (US$90 million) to a total of NOK 2.6 billion with France and China following behind them. The U.S. accounted for 38% of direct exports in the quarter.

The Council noted that a slow start to the Pacific cod season in Alaska...

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Russian Seafood Import Ban Deadline Pushed From March 25 to June 23, 2022

Friday was supposed to be the last day for Russian seafood imports to enter the U.S. However, those who ordered product ahead of Biden’s Executive Order on March 11 and have yet to receive it can breathe a sigh of relief. The Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued an update on Thursday, revealing that the import ban deadline has been delayed until June 23, 2022. But, of course, there is a catch

OFAC released the following update...

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Purecod Receives Permit For Closed-Pen Farming in Norway

Purecod AS, which is owned by Blue Future AS, has been granted the world’s first closed-pen cod farming permit. The company announced last week that the County Municipality of Møre and Romsdal granted them a production permit to farm Atlantic cod in closed pens with a maximum standing biomass allowance of 3,120 tons in Røneset, in Storfjorden.

“This is an important milestone for Purecod, and we believe it is also a game changer for the industry,” said Purecod CEO Mikael Rønes. “Cod farming is now at a crucial moment...

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Strong Month for Norwegian Seafood Exports Overshadowed by Russia-Ukraine War

Although the Norwegian Seafood Council announced a record month for seafood export value in February 2022, the impressive totals were overshadowed by the Russian invasion of Ukraine, according to CEO Renate Larsen.

“This is the highest value of Norwegian seafood exports ever registered in February. However, the war in Ukraine overshadows this. The dramatic situation affects us first and foremost strongly on the human level, but also affects the flow of seafood,” said CEO Renate Larsen of the Norwegian Seafood Council.

During February, Norway exported seafood worth...

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A Look at the Most Popular Seafood During Lent

Tis the season for seafood! Today is Ash Wednesday, which is also the first day of Lent. Those that observe Lent refrain from eating meat on Ash Wednesday and every Friday leading up to Easter, which this year falls on April 17. As a result, seafood sales tend to tick up.

Easter fell early last year, which according to IRI Worldwide resulted in an increase in fresh seafood sales in March.  Fresh seafood reached $548 million, a 13.3% dollar sales increase and 6.6% volume sales increase from March 2020...

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AK Updates: Lots of Fishing Going on Besides Salmon

Alaska’s salmon catches have slowed for the past two weeks but the pace of the fishery remains ahead of last year’s harvest.

The statewide salmon catch as of August 10 was approaching 124.4 million fish. That’s nearly 78% of the  preseason projection of 160.5 million salmon for the 2022 season.

Besides salmon, lots of other Alaska fisheries are underway from the Panhandle to the Bering Sea.

A small fleet of beam trawlers (one of the state’s oldest fisheries) is back on the water in Southeast targeting over 600,000 pounds of...

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Norwegian Cod Farmer Lands $7 Million Sales Agreement, Inks Another Processing Deal

Statt Torsk, an Atlantic cod farmer based in Norway announced it has entered into a sales agreement worth NOK 70 million (US$7 million).

The company shared that deliveries on the deal will begin in September and the content of the agreement means that approximately 1,600 tonnes WFE of initiated production has been sold.

"For STATT, this is a significant agreement with a customer who already knows the Company and our fish. It is good for both the Company and our new industry to get confirmation of...

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Japan: Frozen Black Cod Imports Reached 8000 Tons in 2021

Frozen Black cod imports from the United States remained in the 5,000-ton range from 2015 to 2019, but the increase has been remarkable since 2020, and in 2021 it recovered to over 8,000 tons for the first time in nine years. The import price had declined after peaking in 2017 but rose again after hitting bottom in 2020. The price soared due to the buying competition from consuming countries. The price then dropped due to buyers avoiding high prices and the new coronavirus pandemic...

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Norwegian Seafood Council Names New CEO Amid Historic Start for Seafood Exports in 2022

The Norwegian Seafood Council (NSC) appointed Christian Chramer as its CEO, via a unanimous decision by its board, per a July 1 announcement.

“We are very pleased to welcome Christian Chramer as the new CEO of the Norwegian Seafood Council. His broad management experience and strong communication skills will help to lift the Seafood Council further, and we look forward to an exciting collaboration in the future” said Deputy Chairman of the Board and Chairman of the Appointments Committee, Amund Drønen Ringdal...

 

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DFO Releases Management Decision for NL Northern Cod Stewardship Fishery

Fisheries and Oceans Canada (DFO) announced that the maximum authorized harvest level for the 2022 Northern cod Stewardship Fishery (2J3KL) on the east coast of Newfoundland and Labrador will remain the same as last year (12,999 tonnes) in an effort to continue to allow for the regeneration of the stock.

According to the Minister of Fisheries, Oceans and the Canadian Coast Guard, the Honourable Joyce Murray, 2600t have been included and set aside for harvesters fishing in 2J (off Labrador)...

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Hokkaido Fishermen on Verge of Serious Loss Due to Russia’s Decision to Suspend Fisheries Agreement

The Japanese fishermen from the island of Hokkaido are on the verge of massive bankruptcies due to the recent decision of the Russian government to suspend the existing Fisheries Agreement with Japan.  

According to analysts, the biggest negative impact of such a move will be on Japanese fishermen from the island of Hokkaido, which is located in close proximity to the Kuril Islands. These waters were traditionally used by Japanese for the annual catch of hundreds tonnes of cod, octopus and crabs annually...

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These Are The Top 10 Seafood Items Consumed In The U.S. For 2020

Seafood consumption figures are in for 2020, revealing how the pandemic helped - and hurt - the industry.

When the coronavirus began spreading in the U.S. in early 2020, the government took extreme lockdown measures, shutting down all non-essential businesses. While restaurants were allowed to remain open, their dining rooms were closed. This was a major blow to the seafood industry, where fish and shellfish thrived at dine-in. However, retail seafood purchases did increase with many people using the lockdown to learn how to...

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Norwegian Salmon Prices Up in April Behind Increased Demand, Less Access to Volume

The price of Norwegian seafood exports was up in April 2022 as the Norwegian Seafood Council cited rising global food prices, lower supply of popular species and the continued reopening of foodservice markets.

During April, the country exported NOK 11.3 billion ($1.2 billion) in April, a 33% jump compared to April of last year.

“Higher prices for our key species such as salmon, cod, trout and haddock are the biggest contributors to value growth this month,” said Børge Grønbech, Acting CEO of the Norwegian Seafood Council...

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Iconic Northern Cod’s ‘Fishery Improvement Project’ Continues

Stakeholders met in Barcelona yesterday to discuss the ongoing Northern Cod ‘Fishery Improvement Project’ (FIP).

Stakeholders include Sustainable Fisheries Partnership (SFP), Marks & Spencer and Youngs Seafoods from the United Kingdom, Sysco France, High Liner Foods from Canada/United States, and producer organizations in Canada, including Ocean Choice International, Icewater Seafoods, the Association of Seafood Producers, and the Atlantic Groundfish Council.  Participants also included representatives from Fisheries and Oceans Canada, the Government of Newfoundland and Labrador, and the Marine Stewardship Council.

A central feature of the Northern Cod...

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Agreement on TAC for 3Ps Cod Fishery Reached Between Canada and France

Canada and France have reached an agreement regarding 3Ps for the 2022-2023 fishing season.

According to Joyce Murray, the Minister of Fisheries, Oceans and the Canadian Coast Guard, fishermen in Newfoundland and Labrador will be happy to learn that both countries intend to roll over the current total allowable catch (TAC) of 1,346 tonnes.

“I know how important cod is to fishers who depend on it, and all Newfoundlanders and Labradorians,” said Murray. “It is encouraging to see the stock showing signs of modest growth...

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Asian Seafood Markets Get Into Trouble During the Russia-Ukraine War

The war between Russia and Ukraine has exerted great influence on different sectors of the global market. One victim is seafood industries worldwide. Russia has spent great efforts in seafood promotion within recent years, and it has been rising to prominence. Its seafood export has raised by 33.7% to US$7 billion in 2021 from that of 2020, according to Russian Federal Agency for Fishery. But now everything has been disrupted.

With war sanctions, seafood trade between Russia and some previous main importers has been halted...

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ANALYSIS: Sanctions and Tariffs Shift Focus to Icelandic Cod

The announcement from President Biden banning imports of seafood from Russia during the Lenten season, historically a period of the highest demand for seafood within the U.S., has resulted in mounting uncertainty, new obstacles to circumvent, and a shift in demand within the cod markets.

Pricing on single frozen cod from Iceland began demanding premiums at the start of the Russian invasion of Ukraine, only to be fueled once the executive order was announced on March 11, 2022. Previously ordered product will have...

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Royal Greenland Announces They Will Temporarily Stop Trading With Russia

Another seafood company is taking a stand against Russia. On Tuesday SeafoodNews reported that Icewater Seafoods had canceled their imports of Russian cod in support of Ukraine. Now, Royal Greenland CEO Mikael Thinghuus has announced that the company, which is the world’s largest supplier of coldwater shrimp and Greenland halibut, will temporarily stop trading with Russia.

Thinghuus told Undercurrent that the decision to cease trading with Russia stems from the government of Greenland.

“The decision will obviously impact both Royal Greenland and our close Russian joint venture partner since 2010...

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Alaskan Leader Seafoods Bringing 6 New Products to SENA, Including Symphony of Seafood Winners

Seafood Expo North America is less than two weeks away and Alaskan Leader Seafoods is excited to show off their new lineup of products. 

Alaskan Leader Seafoods is fresh off their win in the 2022 Alaska Symphony of Seafood. The company took home first place in three categories – the Seattle People’s Choice and Juneau’s People’s Choice for their Wild Caught Alaska Black Cod in Japanese Miso Marinade and Bristol Bay Choice for their Wild Caught Bristol Bay Sockeye Salmon...

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