Chris Chase is the Portland, Maine-based associate editor of SeafoodSource. Previously, he worked covering local issues at the Coastal Journal in Bath, Maine, where he won multiple awards from the Maine Press Association for his news coverage and food reviews. Chris is a graduate of the University of Maine, and got his start in writing by serving as a reporter and later the State Editor of The Maine Campus, an award-winning campus newspaper.
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The Fish, Food, and Allied Workers Union (FFAW) has won an arbitration against the Association of Seafood Producers (ASP) over a dispute in 2023 over snow crab tolerances.
FFAW, which represents snow crab harvesters in Newfoundland, Canada, won a judgment it said it expects will be worth CAD 3.3 million (USD 2.4 million, EUR 2.2 million) against ASP related to claims that processors in the province shortchanged harvesters in the 2023 fishing
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Tokyo, Japan-based seafood company Kyokuyo saw its year-over-year revenue and profits climb in Q1 2024, but China’s ongoing ban of Japanese seafood products is continuing to hit the company’s marine product exports.
In earnings results released on 5 August, Kyokuyo announced it had revenue of JPY 68.2 billion (USD 471 million, EUR 431 million) in Q1 2024, up 9 percent from JPY 62.4 billion (USD 431 million, EUR 394 million) in Q1
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Norway’s seafood export value increased year over year, marking a reverse of the historic drop in value the country experienced in June.
The latest trade data shared by the Norwegian Seafood Council (NSC) indicates the country exported seafood worth NOK 13 billion (USD 1.12 billion, EUR 1.07 billion) in July 2024, an increase of NOK 727 million (USD 66 million, EUR 60 million), or 6 percent, compared to the same month last year.
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Oslo, Norway-based salmon-farming company Cermaq posted a slight profit in the three months ending 30 June 2024 – which is the first quarter of its fiscal year – reversing the losses it had in Q1 2023.
In results posted by its parent company Mitsubishi, which purchased Cermaq in 2014 for NOK 8.9 million (then USD 1.4 million, EUR 1.1 million), Cermaq had a three-month profit of JPY 800 million (USD 5.5 million, EUR 5 million),
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The European Union is reportedly considering new sanctions against seafood of Russian origin as the divide between the bloc and the country grows.
German publication Die Welt reported the E.U. is considering new sanctions against Russian seafood, including Russian pollock. The E.U. already banned a number of Russian seafood items in a sanctions package in 2022, including items like crustaceans and caviar, but pollock was still allowed.
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The impacts of climate change are already being felt in fishing communities across the U.S. – to sometimes devastating results.
In January 2024, two massive storms in the northeastern U.S. region of New England sunk vessels, damaged docks, and flooded coastal communities. Janet Mills, the governor of the U.S. state of Maine, claimed in a request for federal aid in the wake of the storms that the weather caused USD 70.3 million (EUR 64.3
… Read MoreBC salmon farmers disappointed by Canadian government’s latest delays to salmon transition framework
Canada’s Department of Fisheries and Oceans (DFO) has delayed a planned transition framework for the salmon farming industry in British Columbia, and salmon farmers in the region are criticizing the move.
In June, the DFO announced a five-year license renewal for net-pen salmon farms in B.C. – effectively serving as a countdown for how long the industry would continue to be allowed to operate in the province. Canadian Minister of
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