Saving Seafood

Deadly shrimp virus has farmers in China fearing the worst

April 28, 2020 — A virus that has plagued shrimp farmers in China since 2014 may be rebounding with a vengeance, this time in Guangdong Province, a crucial hub for aquaculture production in the country.

The South China Morning Post reported on 12 April that Decapod iridescent virus 1 (DIV1) had been detected once more in a number of shrimp farms in the southern province of Guangdong, along the Pearl River Delta, as of February 2020. According to the newspaper, about a quarter of shrimp farming operations in the province have been infected by the current outbreak, which previously struck stocks in China at the start of 2019 before summer temperatures prevailed.

Read the full story at Seafood Source

China cites historical precedent in resisting WTO talks on ending fishing subsidies

April 28, 2020 — Historical subsidization of the fleets of developed countries have become a stumbling block for Chinese negotiators during World Trade Organization talks on ending harmful fishery subsidies.

The talks have dragged into 2020 despite an effort by negotiators to culminate a deal by the end of 2019, and have been further delayed due to complications arising from the COVID-19 pandemic.

Read the full story at Seafood Source

Shrimp problems in Vietnam portend possible global shortage

April 22, 2020 — Glimpsing beyond a current lack of demand from Vietnam’s major export markets, executives at the country’s top shrimp trading firms are expressing deepening concern about a possible global shortage of shrimp in the latter half of the year.

Once COVID-19 began to spread beyond its origins in China, one by one, Vietnam’s shrimp-trading partners have significantly throttled down their imports. Starting in late February and early March, many importers in Europe stopped receiving cargoes, and by mid-March, customers in North America, the rest of Asia, the Middle East, and South America also increasingly decided to cancel or postpone orders. Stockpiles rose as companies could not export as planned, according to numerous executives interviewed by SeafoodSource. As a result, Vietnam’s export value of shrimp declined nearly 15 percent year-on-year to USD 207.7 million (EUR 190 million) in March, according to Vietnam Association of Seafood Exporters and Producers (VASEP).

Read the full story at Seafood Source

US politicians call for shutdown of wet markets in China

April 14, 2020 — A group of more than 60 U.S. senators and representatives have signed a letter calling for China and other countries to shut down so-called “wet markets” where live wild animals are sold for human consumption.

Wet markets are found in many cities in China, and often feature seafood and other animals being sold alive to customers. A wet market in Wuhan is believed to have been the source of the COVID-19 virus that has killed more than 100,000 people globally since December 2019.

Read the full story at Seafood Source

JESSICA HATHAWAY: Finding the light

April 6, 2020 — When I sat down to write this letter last month, we were starting to see the effects of coronavirus on fisheries with primary markets in China, other parts of Asia and in Europe. But it was not yet on our shores, shutting down domestic businesses, gatherings, events, meetings, government offices and distribution chains.

Just a few weeks ago, I had events scheduled for every weekend in March. I made it to the first one, and the rest fell like dominoes. I’m writing this on lockdown at home, where social media has become an even more key lifeline to this industry.

But the most important lesson I am taking from this is just how critical our local communities are to our security and safety. The global marketplace is a boundless wonderland. But as thrilling as it is, it cannot sustain us through deeply troubled times.

Diversification of markets should include expanding local distribution points, as well as global ones. And if we, as consumers, want access to our local resources in times of crisis, then we have to keep buying them even when the world opens up to us again.

Read the full opinion piece at National Fisherman

Global airline slump has seafood firms opting for expensive air cargo

March 31, 2020 — Australia’s largest producer of Western rock lobster is the main contributor to the country’s half-billion-dollar live exports of the shellfish, but it faces a stark choice; export its live product to China using expensive cargo planes or export no live rock lobster at all.

It is the harsh reality facing seafood companies around the globe as commercial passenger airlines are grounded by the coronavirus pandemic.

“We’ve seen [passenger freight] capacity drop very significantly over the last few weeks, to the point where on Wednesday we had the last direct flight to China,” Matt Rutter, CEO of Geraldton Fishermen’s Co-operative (GFC), told Undercurrent News on Thursday (March 26).

“In fact, the last available for charter is through Japan. That last flight flies on Monday [March 30],” he said.

Read the full story at Undercurrent News

Trump mulling pause in trade wars to ease economic stress

March 30, 2020 — U.S. President Donald Trump is considering a proposal that would allow companies to defer their payments on imported goods subject to tariffs for 90 days, as a means to ease the financial strain hitting the American economy as a result of the coronavirus crisis.

Though Trump has denied he is considering the proposal, Bloomberg reported on 25 March his administration has debated the deferment program with U.S. Customs and Border Protection and other government agencies. White House Economic Advisor Larry Kudlow in particular has advocated for the move to allow the deferral of tariff payments, Bloomberg reported.

Read the full story at Seafood Source

Fishers, brewers, distillers: What aid do they need to survive Covid-19?

March 25, 2020 — As the spread of the novel coronavirus disrupts business as usual across the country, food producers of all kinds are turning to the government for the help they say they need to stay afloat through the pandemic. From fishermen to produce growers to brewers, companies and organizations are lining up for federal aid as policymakers argue about the coming stimulus for small businesses.

In the fish sector, the closure of scores of restaurants and the destabilization of exports to China has forced the seafood supply chain to adapt to primarily servicing retail stores where possible. Yet even if some fishermen are able to shift to retail, the existing disruptions could be ruinous to many independent producers.

Take the Maine fishermen who catch elver eel. Roughly 1,000 fishermen in the state catch the baby eels and mostly send them to China, to the tune of about $20 million in revenue each year. Yet now they must wait at least two additional weeks to begin harvesting due to officials’ concerns about the spread of coronavirus. State policymakers say the nature of the fishing operations “makes it impossible to follow social distancing recommendations, including maintaining six feet from other people to reduce the spread of this disease,” according to Patrick Keliher, commissioner of Maine Department of Marine Resources.

Read the full story at Fern’s AG Insider

Tariffs on Chinese goods to remain in place, Trump says

March 20, 2020 — U.S. President Donald Trump will not suspend hundreds of billions of dollars’ worth of tariffs his administration has imposed on Chinese goods, despite calls from U.S. business associations to do so to alleviate economic hardship brought on by the coronavirus outbreak.

On Wednesday, 18 March, more than 160 business belonging to the group Americans for Free Trade wrote a letter to Trump asking for the suspension of tariffs on Chinese-made goods, claiming that doing so would give the U.S. economy a USD 75 billion (EUR 70.3 billion) boost, equivalent to 0.4 percent of U.S. gross domestic product.

Read the full story at Seafood Source

COVID-19 hits seafood markets in Australia, Japan, US

March 17, 2020 — The full financial effects of the coronavirus outbreak are starting to become apparent in seafood markets across the globe, reports American Shipper.

In Australia, for instance, a fisheries and aquaculture sector very dependent on Chinese seafood demand is likely to see a decline in earnings of $389 million due to the excess product that traders are unable to send to the country.

It’s a similar issue in Canada, where the previously booming trade of live Atlantic lobsters to China has ground to a halt after both China and other nearby Asian countries stopped accepting deliveries from seafood shipping companies.

Likewise, the trade of baby eels, or elvers, from Maine in the US to China is also at a standstill — bad news for a $168m industry nearly entirely dependent on the trade route for its custom.

Read the full story at Undercurrent News