Saving Seafood

NFI Red Crab Council Remains Committed to Improving Chinese Crab Fishery

March 17, 2020 — The following was released by the National Fisheries Institute:

The National Fisheries Institute’s Red Crab Council will continue to fund and support its Fisheries Improvement Project (FIP) in China. The comprehensive FIP is focused on improving crab production in Fujian Province, the leading harvesting region in China for red crab.

“For so many reasons the operating climate around red crab, from a trade perspective, is challenging these days,” said Newport International President Anjan Tharakan, the NFI Red Crab Council Chair. “It would be easy to see why companies might say they don’t want to participate in this work right now. But not one company did. This is a committed group.”

The Council’s project partner on the ground in China is Ocean Outcomes (O2), who coordinates with fishery stakeholders, government interests and the China Aquatic Products Processing and Marketing Alliance to keep the FIP moving in the right direction.

The NFI Red Crab Council funds the work by assessing a fee on each of its members based on the number of pounds they import each quarter.

“Like most FIPs, this project has its challenges on the water, but when your primary source of funding off the water is directly dependent on trade volume, and tariffs enter the picture, that makes things even more challenging,” said O2 Founder and Senior Advisor Rich Lincoln. “To be able to continue the work in China with local fishery stakeholders will allow us to build on the momentum we’ve generated and ensure this important FIP remains on track.”

The status of the Fujian Red Crab FIP is updated biannually on fisheryprogress.org. Its 2019 work focused on implementation of catch, biological and effort data collection, harvest strategy evaluation, and lost fishing gear assessment.

The NFI Red Crab Council is the leading precompetitive collaboration effort focused solely on the sustainability of Red Swimming Crab. The Council is committed to collaborating on Red Crab Fisheries Improvement Projects globally.

Coronavirus takes a toll on the Maine lobster industry

March 16, 2020 — As of 4:30 p.m. Sunday, March 15, seven Maine residents have been confirmed positive and five others are presumed positive for the coronavirus, according to the state. Click here for the latest coronavirus news, which the BDN has made free for the public. You can support this mission by purchasing a digital subscription.

Maine’s first probable case of the new coronavirus was only diagnosed on Thursday, but the global pandemic has already left its mark on the Maine lobster industry in the form of shrinking demand and dropping prices.

Unfortunately, there’s no end in sight to the economic disruption caused by the virus, according to Annie Tselikis, the executive director of the Maine Lobster Dealers’ Association.

“The market situation right now is real. There is not a lot of demand,” she said Friday. “You’re seeing this across all commodities. It’s not just lobster. It’s not just seafood. Uncertainty is challenging for any industry and any movement of goods.”

Problems stemming from coronavirus seemed to begin in January, after the spread of the virus paused Canadian charter flights to Asia during a time that is usually very busy for lobster sales because of Chinese New Year celebrations, according to Bloomberg News. Because of that, thousands of pounds of unsold lobster flooded North American markets, causing wholesale prices to drop.

Read the full story at the Bangor Daily News

Coronavirus outbreak is sinking lobster prices, reports claim

March 13, 2020 — Bring in the dancing lobsters, and get ‘em while they’re hot.

The ongoing coronavirus outbreak is drowning Chinese demand for American lobster, reportedly plunging market prices to record lows.

Amid the COVID-19 crisis, lobster prices in the U.S. have hit their lowest in at least four years, Bloomberg reports. China is one of the biggest export destinations for live lobster, where the delicacy is “a sign of wealth and status” among the middle class, as well as a popular choice for Lunar New Year celebrations and weddings as a “symbol of good fortune,” according to The New York Times.

However, no one is quite indulging like they used to during widespread lockdowns and the continued outbreak. Travel restrictions, too, have effectively canceled the once-frequent charter flights of the crustaceans from the U.S. and Canada to the Asian nation.

Read the full story at Fox News

Coronavirus causing trade disruptions between Russia and major trading partners

March 13, 2020 — Russia’s seafood industry is facing a serious threat from the COVID-19 pandemic, with two of its biggest export markets, China and South Korea, essentially shut down.

China and South Korea are crucial to Russia, accounting for a vast majority of the country’s seafood exports. In 2019, Russia exported 1.7 million metric tons (MT) of seafood, with 1.2 million MT, or 70.5 percent, going to China. Half of this volume was pollock, according to the Russian Customs Service.

Read the full story at Seafood Source

Washington shellfish suppliers forced to downsize due to coronavirus

March 10, 2020 — Seattle, Washington, U.S.A. and its surrounding areas have emerged as the epicenter of the COVID-19 coronavirus outbreak within the United States, with 136 of the country’s 545 reported cases reported there as of the morning of Sunday, 8 March, according to the Washington Department of Health.

The resulting public health crisis has led to a severe decline in seafood exports to China, where the virus originated late last year. Seattle Shellfish, which produces geoduck for export to China, has laid off more than 35 of 60 employees hired just two months ago in January.

Read the full story at Seafood Source

Florida Lobster Got a Break on China Tariffs. Then Came Coronavirus.

March 9, 2020 — Like other commercial fishermen along the east and west coasts, Ethan Wallace had been waiting 18 months for China — the world’s largest importer of live lobster — to lift its crushing retaliatory tariffs on American seafood that had whittled down his profits.

This week, that moment came: Beijing started allowing Chinese businesses to apply for tariff exemptions. But for Mr. Wallace, it no longer mattered.

Tariffs or not, no one in China is buying. The coronavirus outbreak meant the Lunar New Year banquets and wedding parties that feature a fresh lobster on every plate, a symbol of good fortune, were canceled. In several cities, restaurants are shuttered and public indoor gatherings are prohibited. And even if they weren’t, many of the planes that ferry live lobsters aren’t flying to China.

“Boom! Coronavirus,” said Mr. Wallace, 28, after he had steered Piece of the Pie, his 43-foot Torres boat, into the Keys Fisheries marina in Marathon. Although the season continues through the end of March, he and his crew that day took home more lobster traps than pounds of lobster from the Gulf of Mexico.

Read the full story at The New York Times

Are You Prepared: Coronavirus and the Alaska Economy

March 9, 2020 — Alaska’s major economic sectors are trying to find the best way to monitor and respond to the impact of the global spread of COVID-19, the novel coronavirus first documented in Wuhan, China, in December.

While China is a significant trade partner with Alaska, regardless of whether the virus shows up in Alaska, it could disrupt the state’s most significant financial drivers. With billions of dollars at stake, Alaska’s fishing, tourism, and oil and gas industries are in an awkward position between knowns and unknowns as they prep for how the virus will impact their businesses.

The Ted Stevens Anchorage International Airport is staying ready with round-the-clock mopping, wiping, and scrubbing.

“Our materials and our methods that we use here are designed to stop the spread of communicable disease in the airport. Whether it’s coronavirus or influenza or rotavirus or norovirus — all of those — we are always trying to keep the airport clean and safe,” airport manager Jim Szczesniak told KTUU.

The cleaning work is an investment in keeping goods and people moving through the airport, a global hub. Eighty percent of all air cargo from Asia to North America stops at the airport, and just under six million people pass through its terminals each year, many over the summer.

Vacationers bring about $4.5 billion into Alaska each year.

Among them: 1.4 million cruise ship passengers.

Read the full story at KTUU

The China problem: Coronavirus creates a bottleneck for Alaska seafood

March 3, 2020 — Seafood coming from and going to China is piling up in freezer vans and cold storages indefinitely as the coronavirus continues to cause commerce chaos around the world.

Virus precautions mean that many ships can’t get into Chinese ports, others are stuck at docks waiting for workers to return, and still more are idling in “floating quarantined zones,” as countries refuse to allow crews of ships that have docked at Chinese ports to leave the boat until they have been declared virus-free.

Alaska seafood exports to China of nearly $1 billion include products for their own markets, but the bulk goes there for reprocessing and shipment back to the United States and other countries.

“If you have plants that have product coming in and no workers to fill it, you’re going to get that overflowing cold storage situation. So it’s definitely a problem on the reprocessing side. On the consumption side, if people aren’t going out to eat and going out to the market to buy seafood, that’s going to take consumption down as well. So there’s a couple different ways that it’s working against moving seafood through the supply chain,” said Andy Wink, director of the Bristol Bay Regional Seafood Development Association and an economist who has tracked world salmon markets for more than a decade.

Read the full story at National Fisherman

China leans heavily on subsidies to blunt coronavirus impact

March 2, 2020 — China is unleashing a new wave of subsidies to bolster the seafood sector, as it struggles with closed factories and migrant workers stranded far away from their workplaces due to fallout from the COVID-19 coronavirus.

China is waiving taxes and payments to seafood buyers who take up the supply sitting in the country’s aquaculture ponds, and the powerful Export Import Bank has offered up to CNY 1.5 billion (USD 210 million, EUR 195 million) in loans to distant-water fishing firms and processors in Fujian Province as a way to prop up the sector.

Read the full story at Seafood Source

Coronavirus to have long-term repercussions on China’s aquaculture sector

February 28, 2020 — The ongoing outbreak of COVID-19, commonly known as the coronavirus, is expected to have a long-term impact on China’s seafood sector as everything from aquaculture to processing is being affected by labor shortages and wary Chinese consumers.

The Chinese government has mounted a major propaganda offensive this week to convince seafood processing factories to recommence work, with good news stories appearing in local media nationwide of workers arriving back at factories.

Read the full story at Seafood Source