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 Atlantic States Marine Fisheries Commission (ASMFC) Lobster Board has initiated the process to delay a gauge size increase for the U.S. lobster fishery until 1 July 2025.
The ASMFC first delayed an increase in the lobster gauge size in October 2023, after lobster trawl surveys indicated a decline in the population of sub-legal lobsters. The gauge size increase was first initiated in 2017 as a proactive measure to improve the resiliency of
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A recent dispute over snow crab tolerances in 2023 that led to arbitration favoring the Fish, Food, and Allied Workers Union (FFAW) over the Association of Seafood Producers (ASP) has underlined a need to reexamine the longstanding policy, ASP Executive Director Jeff Loder told SeafoodSource.
On 5 August, the arbitrator determined that processors failed to adhere to certain aspects of the 19 May 2023 crab agreement between the FFAW and ASP.
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Canada-based food company Premium Brands Holdings Corporation continued its streak of record earnings and sales in Q2 2024.
The company had revenue of CAD 1.7 billion (USD 1.23 billion, EUR 1.13 billion) in Q2 2024, up 4.4 percent, or CAD 71.8 million (USD 52.3 million, EUR 47.9 million), from the same period of 2023. Alongside increased revenue was increased earnings, with the company posting adjusted EBITDA of CAD 164.6 million (USD
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Lunenburg, Nova Scotia, Canada-based High Liner Foods posted higher profits and earnings in Q2 2024 compared to the same period of 2023, but its sales volume decreased in part due to headwinds in its foodservice business.
The company posted a gross profit of USD 52.5 million (EUR 48.1 million) in the quarter, up USD 500,000 (EUR 458,000) from the USD 52 million (EUR 47.6 million) it posted in Q2 2023. Gross profit as a percentage of sales
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Brunswick, Maine, U.S.A.-based Salmonics, which produces reagents and products from blood harvested from farmed salmon, has come a long way from operating out of a former paint room on a defunct U.S. Naval Air Force base.
When Salmonics President and CEO Cem Giray began the company in 2020, it tapped into space available at the former base, which was in need of renovation before it could be used as a space to produce biomedical reagents.
In
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