Cliff White has been the executive editor of SeafoodSource since 2016. Previously, he worked as the senior business reporter for the McClatchy-owned Centre Daily Times in State College, Pennsylvania, where he won state and national awards for his coverage of the development of the Marcellus Shale natural gas deposit and the Jerry Sandusky scandal.
Author Archive
The Marine Stewardship Council is revising its approach to its implementation of version 3.0 of its fisheries standard after receiving numerous complaints.
Published in October 2022, MSC Version 3.0 came into effect for new fisheries in May 2023, with previously certified fisheries given six years to enter compliance. The standard review and update for version 3.0 began in 2018 and was considered the most comprehensive review ever
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The U.S. government has agreed to a settlement with two American Seafoods subsidiaries to resolve penalties related to alleged Jones Act violations stemming from the use of a dead-end railway in Canada.
Facing a deadline of 5 February set by U.S. District Court Judge Sharon L. Gleason, Kloosterboer International Forwarding (KIF) and Alaska Reefer Management (ARM) filed for dismissal of the case after they “entered into a settlement
… Read MoreDatassential’s Kelley Fechner: Creative bowl options, LTOs, kids’ menus can unlock QSR seafood sales
Fish is not the most beloved protein in the U.S. market, but Datassential Vice President of Customer Experience Kelley Fechner believes that with a bit more visibility, it could start climbing up the rankings for many consumers.
In Datassential’s most recent survey of American protein preferences, 61 percent of the U.S. population said they love chicken. Bacon was second at 59 percent. Shrimp lagged behind at 49 percent, and fish was even
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McDonald’s, Walmart, and Cargill are among the hundreds of U.S. food brands whose production processes have been tied to prison labor by a recent Associated Press investigation.
The AP report, published 29 January, traced at least USD 200 million (EUR 215 million) worth of sales of farmed goods and livestock to products grown by U.S. prisoners over the past six years. The products include soy, corn, and wheat bought by aquafeed producers
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Poul Andrias Jacobsen is the marketing manager for Glyvrar, Faroe Islands-based Bakkafrost, which produced 90,600 metric tons of farmed salmon in 2022 and had revenue of USD 1 billion (EUR 900 million) in the year, ranking it in the top 10 of farmed salmon producers in the world. It expanded into Scotland in 2019 after purchasing a majority stake in the Scottish Salmon Company.
Jacobsen sat down with SeafoodSource to discuss the Faroese origins
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Bandung, Indonesia-based aquaculture technology startup eFishery, which has a valuation exceeding USD 1.3 billion (EUR 1.2 billion), is expanding beyond Southeast Asia.
The company, which offers fish and shrimp farmers an end-to-end platform granting access to feed, financing, and markets, has completed its first commercial pilot testing in India, “marking a significant milestone in its global expansion journey.”
"Beginning with
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Phillips Foods has formed a Canadian subsidiary to purchase South Shore Seafoods, which has been operating under the direction of a court-appointed restructuring firm after it defaulted on its debt.
Bloomfield, Prince Edward Island, Canada-based South Shore Seafoods owes over CAD 56 million (USD 41 million, EUR 39 million) to creditors, including CAD 26 million (USD 19.2 million, EUR 18.1 million) in principle in outstanding secured loans
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In another deal involving the sale of seafood industry data, Kontali has acquired the Nasdaq Salmon Index.
Founded in 2008 by Nasdaq, the Nasdaq Salmon Index provides pricing data for Norwegian salmon exports. It serves as a price reference for contracts and as a benchmark representing 95 percent of the index used for derivatives contracts traded via the Fish Pool exchange, according to the company.
“With Kontali as the new owner and
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U.S. pangasius imports fell significantly in 2023, potentially due to its price rising beyond USD 3.50 (EUR 3.22) per pound in April 2022.
The price of 5- to 7-ounce frozen pangasius fillets is now below USD 2 (EUR 1.84) per pound, but year-to-date imports through November 2023 have cratered at 166 million pounds, down from 284 million pounds for all of 2022. Pangasius had been on an upward trajectory in the U.S., which imported 110 million
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Kyokuyo, Japan's fourth-largest seafood company, has acquired Turkish seafood processor Kocaman Su Ürünleri İhracat ve İthalat Ticaret.
The acquisition was announced 29 January in a letter from the company’s board of directors, which confirmed Kocaman will become a holding of Kyokuyo Europe BV. Terms were not revealed, but the deal includes the transfer of 1.78 million shares of Kyokuyo stock to owners Osman Kocaman, Metin
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