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Industry must innovate to capture new consumers, High Liner’s Craig Murray says

August 19, 2020 — This moment is a timely opportunity for the seafood industry as a whole, and the wild Alaskan pollock sector in particular, to increase market share and popularity, according to Senior Vice President of Marketing, Innovation, and Quality at High Liner Foods Craig Murray.

Speaking as part of the Genuine Alaska Pollock Producers’ summer webinar series, Murray said the coronavirus pandemic has led a whole new crop of consumers to try new seafood products for the first time.

Read the full story at Seafood Source

Alaska pollock fish sticks, surimi processing generates “significant” greenhouse gas emissions

January 24, 2020 — The processing of Alaskan pollock into products such as fish sticks, surimi and fish fillets generates “significant greenhouse gas emissions,” researchers at the University of California, Santa Cruz have found.

According to a study released by the university, the processing of the products post-catch results in almost twice as many emissions as the fishing itself. Typically, climate impact analysis of fishing ends once the catch is brought on-board.

Read the full story at Seafood Source

US government completes big wild salmon buy, seeks more pollock

August 21, 2019 — The United States government continues to support Alaska’s wild fisheries with a USD 3.1 million (EUR 2.8 million) purchase of wild salmon and a bid for nearly 400,000 pounds of Alaska pollock.

The United States Department of Agriculture awarded its most recent wild salmon contract to Trident Seafoods, for federal child nutrition and other domestic food assistance programs.

Read the full story at Seafood Source

How The Trade War With China Is Threatening America’s Largest Fishery

February 13, 2019 — Alaskan pollock is an incredibly versatile fish when it comes to cooking. The species is often referred to as a “cousin of cod” because the two species are classified in the same family, Gadidae. This means they have many shared characteristics, including how they taste. Their meat is a flaky blank slate, ready for nearly any preparation you could throw at it. Pollock’s affordability also makes it an attractive species for a variety of markets, from fast-casual to university and corporate dining.

These factors, along with the stability and health of the species’ population, helped to make Alaskan pollock the top species landed by volume in the United States in 2017. It hasn’t always been a top seller though. Back in the 1980s, there was very little demand for the species, but seafood distributors such as Trident Seafoods, based in Seattle, saw pollock’s potential as a cheaper cod alternative. Trident started a pollock revolution and became the largest vertically integrated seafood company in North America. Its founder, Chuck Bundrant, even became a billionaire, with a net worth Forbes estimates at $2.4 billion. Today, Alaskan pollock remains one of the top five most commonly eaten species in the U.S., but the fishery is at risk of being diminished by the ongoing trade war with China.

The species’ dominance could change if markets become unavailable because of shifts in global seafood processing and distribution due to an escalating international trade war. Last summer, China put in place a retaliatory tariff of 25% for seafood products. Then the U.S. proposed a 10% increase for tariffs on seafood imported from China. The issue here is that a portion of seafood caught by American fishermen is shipped to China for filleting and processing before being re-exported back in the U.S. for Americans to buy. While this seems like a wildly inefficient move, it has been, in fact, a commonly used method to cut costs. That meant when Alaskan pollock was processed in China and re-exported to America, it was included on the tariff lists.

After reports came out that the tariffs were harming the American fishing industry, particularly in Alaska, the U.S. announced that certain species of fish caught in the state would be excluded from the tariff list. Alaskan pollock is included in this group and will not be taxed when re-entering America. But the exemption doesn’t solve all problems for Alaskan fishermen and processors.

According to an FAO market report from January, Trump’s trade war “could end up favoring Russian Federation (and Chinese) exporters at the expense of Alaska processors.” This is because foreign fishing competitors can still ship pollock caught in their waters to China for lower-cost processing and then re-export to the U.S. tariff free. It seems like a bad turn of events for Alaskan fishermen and processors.

Read the full story at Forbes

 

EU announces new tariff quotas for 2019-20, raises limit for Alaska pollock to 320,000t

December 17, 2018 — The European Council has announced the new autonomous tariff quotas (ATQs) for 2019-20 on Dec. 11, providing reduced or duty-free import rates for certain products from outside the EU.

By far the biggest beneficiary of the ATQs is Alaskan pollock, which has been granted an extra 20,000 metric tons of tariff-free imports by the new ATQs. This brings the total annual tariff-free import quota of the species to 320,000t.

Undercurrent News understands that the additional quota was provided so that a quirk in legislation could be avoided. Under official EU rules, importers must begin paying a duty on additional volume once 80% of the quota is reached. While this fee is eventually returned, importers see it as an administrative hassle.

Read the full story at Undercurrent News

Trident works to bring wild Alaska seafood direct to Chinese consumers

May 30, 2018 — There’s a lot of Alaska-born seafood in China. Walk into any McDonald’s and pick up a fish sandwich and it’s all wild Alaska pollock.

Trident Seafoods has been selling fish in China for 20 years.

Still, the average Chinese consumer probably doesn’t recognize Trident’s three-pronged logo. That’s because they’ve been selling seafood primarily as a commodity in China, not in stores and markets.

But that might change soon. The company sent a team with Alaska Gov. Bill Walker’s trade mission to China and that team is working on a new strategy.

Trident isn’t new to China. They’ve got operations in the port cities of Dalian, Qingdao and Weihai.

What’s new is the way they want to promote and sell their fish here.

Jeff Welbourn is Senior Director of the Chinese Business Office for Trident Seafoods. On a bus trip across Beijing, Welbourn talks strategy for getting their products into some new markets.

Read the full story at Alaska Public Media

 

US fishermen’s catch up in value, volume declines slightly

November 1, 2017 — The federal government says American fisheries grew by a little more than 2 percent in value last year, even with fishermen bringing slightly less fish to shore.

The National Oceanic and Atmospheric Administration says in an annual report released Wednesday that U.S. commercial fishermen brought 9.6 billion pounds (4.3 billion kilograms) of seafood to land last year — down 1.5 percent from 2015.

Read the full story from the Associated Press at the Washington Post

 

Calculating the value of Alaska seafood

October 26, 2017 — Alaska has produced more than 169 billion pounds of fish since statehood was granted to the Last Frontier in 1959, and the Alaskan seafood industry brings in enough product annually to feed every person in the world a serving of Alaskan seafood.

These and other statistics relating to the seafood industry in the state can be found in “The Economic Value of Alaska’s Seafood Industry,” a joint report by The Alaska Seafood Marketing Institute (ASMI) and the McDowell Group, a research and consulting firm, which details the impact of Alaska’s seafood economy. This is the second collaboration over the past two years between the groups.

The report is meant to provide statistics and figures on employment in the industry, labor income, seafood value, exports, and other related subjects. From fun facts (Alaska’s commercial fishing fleet is comprised of about 9,400 boats, which would measure 70 miles if they were lined up from bow to stern in a straight line) to precise tax numbers, the report is a gold mine of research about the Alaskan seafood industry.

The report reveals that in 2016, Alaska’s seafood harvest of 5.6 billion pounds had a total value of USD 1.7 billion (EUR 1.4 billion). Processors in Alaska produced 2.7 billion pounds of Alaska seafood products last year, valued at USD 4.2 billion (EUR 3.6 billion). The overall impact of Alaska’s seafood industry on the U.S. economy is USD 5.4 billion (EUR 4.6 billion) in direct output – that’s value that can be directly associated with fishing, processing, distribution, and retail. Such a figure doesn’t include USD 7.3 billion (EUR 6.2 billion) in additional multiplier effects generated as industry income circulates throughout the U.S. economy, the report said.

Read the full story at Seafood Source 

 

Eat more seafood for your health, right? Actually, it’s not that simple.

May 20, 2017 — The Dietary Guidelines for Americans strongly suggest that adults eat two servings of seafood, or a total of eight ounces, per week. Fish and shellfish are an important source of protein, vitamins and minerals, and they are low in saturated fat. But seafood’s claim to fame is its omega-3 fatty acids, including docosahexaenoic acid (DHA) and eicosapentaenoic acid (EPA), which are beneficial to health.

Omega-3s are today’s darling of the nutrition world. Many observational studies have indeed shown them to help alleviate a range of conditions including high blood pressure, stroke, certain cancers, asthma, Type 2 diabetes and Alzheimer’s disease. However, there isn’t complete scientific agreement on the health benefits of omega-3s, especially when considering the lack of strong evidence from randomized clinical trials, which are the gold standard for research.

So what exactly is the evidence that seafood is good for your health?

The strongest evidence exists for a cardiovascular health benefit, and from consuming seafood (not just fish oil), which is significant because heart disease is the leading cause of death in the United States.

One of the things I research is Americans’ meat and protein consumption. Though many of us are concerned about getting enough protein, most Americans actually get more than enough protein.

Rather, the problem is that most of us don’t include enough variety of protein sources in our diet. We eat a lot of poultry and red meat but not as much seafood, nuts, beans, peas and seeds. For seafood in particular, consumption is estimated at about 2.7 ounces of seafood a week per person, well below the recommended eight ounces.

So the solution might seem simple: Increase public-health messaging along the lines of “Seafood is healthy. Eat more of it.” But it’s a bit more complicated than that.

Read the full story at the Washington Post

FDA: only Alaska pollock is ‘Alaska pollock’

January 21, 2016 — Alaska pollock is having a good 2016 so far, with boosted quotas, favorable certifications, and a federal rule that will give Alaska an edge over Russia.

“I have long fought to resolve this issue, and I am thrilled that this change has been made to protect both our fisheries and consumers,” said Sen. Lisa Murkowski in a statement. “Alaska is the gold standard of fish management. It is disingenuous and harmful to our fishing industry for Russian-harvested pollock to be passed off as Alaskan. Now consumers can be confident that pollock labeled as ‘Alaskan’ is caught only in our state’s healthy, sustainable waters.

Pollock is the largest fishery in the U.S., producing 2.9 billions pounds and accounting for 11 percent of U.S. seafood intake. In the North Pacific management region, pollock accounted for $406 million worth of landings.

The pollock season began Jan. 20 with an increased quota of 1.34 million metric tons, thanks to a December 2015 North Pacific Fishery Management Council aimed at curbing halibut bycatch in other groundfish sectors. This is 30,000 metric tons more than the year before.

Read the full story at the Alaska Journal of Commerce

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