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Snow crab prices not melting any time soon

February 6, 2018 — The snow will eventually melt in the US state of Alaska and the Maritime provinces of Canada, but you better get used to the high prices of snow crab because they are sticking around for a while.

A global shortage of the species is expected to continue for a third straight year in 2018, thanks to a combination of reduced catches across North America and continuous demand in Asia, a panel of speakers suggested at a conference in Miami, Florida, last month.

There will be about 104,000 metric tons of snow crab available, down 10% from the more than 114,000t landed worldwide in 2017 and 76% below the 150,000t landed in 2015, based on data shared during a shellfish panel at the National Fisheries Institute’s Global Seafood Market Conference (GSMC).

The result: Five-to-eight ounce packages of legs and shoulders are selling for $8 per pound wholesale in the US.

It’s leading seafood dealers in the US to more often offer their clients less expensive substitutes.

Brian Cooper, a partner at Sea Trek Enterprises, an East Greenwich, Rhode Island-based importer of crab and scallops, told Undercurrent News that his company normally sells anywhere from 200 to 300 loads (1,000 cases each) of snow crab each year. But he’s skeptical about matching that number in 2018 and is increasingly promoting rock crab, a species most often found in Washington State’s Puget Sound. It’s popular in Asian markets.

“You can’t charge $20 for a buffet at a Chinese restaurant and put an $8 snow crab in there,” he said. “That’s not going to work.”

Lobster, shrimp, or even chicken and beef could also be used as replacements on menus, said one large seafood restaurant executive at the GSMC event.

“It’s easier to take things off a menu than to put them back on,” he added.

Read the full story at Undercurrent News

 

NOAA: New Voluntary Right Whale Speed Restriction Zone

January 31, 2018 — The following was released by NOAA Fisheries:

NOAA Fisheries announces that a voluntary vessel speed restriction zone (Dynamic Management Area – DMA) has been established 54 nautical miles east-southeast of Virginia beach, Virginia (see map below) to protect an aggregation of 3 right whales sighted in this area on January 26, 2018.

Mariners: Please route around this area or transit through it at 10 knots or less.

East-Southeast of Virginia Beach, Virginia DMA through February 10, 2018
36 53 N
36 14 N
075 18W
074 29 W

This DMA in addition to the previously annouced DMAs announced on January 25 off Virginia and January 23 south of Nantucket.

Please report all right whale sightings to 866-755-NOAA (6622).

Right Whales in Crisis

The year 2017 was devastating for North Atlantic right whales, which suffered a loss of 17 whales–about 4 percent of their population–an alarming number for such a critically endangered species with a population currently estimated at about 450 animals.

In August 2017, NOAA Fisheries declared the increase in right whale mortalities an “Unusual Mortality Event,” which helps the agency direct additional scientific and financial resources to investigating, understanding, and reducing the mortalities in partnership with the Marine Mammal Stranding Network, Canada’s Department of Fisheries and Oceans, and outside experts from the scientific research community.

On January 22, the first right whale mortality of 2018 was spotted off the Virginia coast.

More Info

Recent right whale sightings

Download the Whale Alert app for iPad and iPhone

Acoustic detections in Cape Cod Bay and the Boston TSS

Send a blank message to receive a return email listing all current U.S. DMAs and SMAs.

Details and graphics of all ship strike management zones currently in effect.

Reminder: Approaching a right whale closer than 500 yards in a violation of federal and state law.

Learn more about NOAA Fisheries Greater Atlantic Region by visiting their site here.

 

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