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    • Fishing Terms Glossary

Higher U.S./China tariffs could be ‘game changer,’ fishing industry fears

October 24, 2018 — It’s been a month since the Trump administration activated 10 percent tariffs on another $200 billion in Chinese imports and that move has already affected the fishing industry from scallopers to lobstermen, especially Eastern Fisheries located along the New Bedford waterfront.

With the tariffs set to increase to 25 percent at the start of 2019, that could cause catastrophic effects throughout large fishing corporations, economists and companies told The Standard-Times.

“That’s a game changer,” Executive Vice President of Eastern Fisheries Joseph Furtado said. “I think we all feel that the 10 percent is more of a paper cut than it is anything else at this point. And we can work through it.

″…We don’t think the 10 percent is the end of the world, but the 25 percent, that is certainly a dynamic game changer and there’s a lot of variability in how that could all reposition itself.”

Generally, tariffs range from 5 percent to 8 percent, UMass Dartmouth economy professor Randy Hall said.

“There are very few industries that can absorb a 25 percent increase of cost,” Hall said.

Eastern Fisheries operates the largest scallop fleet in the industry and has facilities in the U.S., China, Europe and Japan.

Due to its size and international scale, it’s likely to be the only New Bedford company that’s affected by the tariffs, according to economists and Eastern Fisheries.

Prior to Sept. 24, Eastern would use its facilities in China to process a portion of its overall catch. It would then import the catch to other countries but also back into the United States without a tariff or tax.

Read the full story at the New Bedford Standard-Times

Republican leading Alaska gubernatorial race a mystery on commercial fishing issues

October 19, 2018 — Every major candidate in every Alaska gubernatorial, US Senate or House election since 1991 — and in quite a few state legislative races, too — has met on the stage in Kodiak to debate issues related to the state’s commercial fishing industry.

They never miss it, such is the importance of fishing to the state of Alaska.

But Mike Dunleavy won’t be at the Gerald C. Wilson Auditorium this Monday to square off against his two main political combatants in the latest race for governor, independent incumbent Bill Walker and Democratic candidate Mark Begich.

Instead, the 57-year-old Republican, former state senator and educational consultant — who has been leading the 2018 race for governor of the state by a wide margin in all recent polls — will be “visiting with Alaskans in Barrow,” a town more than 1,200 miles away in the northern part of the state, his staff reportedly informed the debate organizers this week.

The decision serves to further confound the fishing captains, seafood processors and many laborers in Alaska’s massive commercial fishing industry just three weeks before they’ll join other Alaskans in voting booths. They’re struggling to learn more about what their next likely governor might do on such issues of consequence as the proposed Pebble Mine and trade with China.

Read the full story at Undercurrent News

ALASKA: Bristol Bay king crab fishery set to open with a record-low quota

October 16, 2018 — Bering Sea commercial crabbing starts this week, with the smallest quota for Bristol Bay red king crab in more than 30 years at 4.3 million pounds, a 35 percent decrease from last year’s 6.6 million pounds.

The last time there was such a low number was in 1985, at 4.1 million pounds, according to Alaska Department of Fish and Game biologist Ethan Nichols in Unalaska.

Nichols expects fewer boats fishing this year, with fishermen combining quotas onto one boat that otherwise would have been fished by two vessels.

At least there is a red king crab season, despite earlier fears of a complete cancellation, according to Unalaska Mayor Frank Kelty.

“We wish it was more, but we’re happy there’s a king crab season,” said Jake Jacobsen, executive director of the Seattle-based Intercooperative Exchange, which negotiates prices for the crab fishing fleet.

The season will open Monday with red king crab, followed by snow crab toward the end of the year.

On a brighter note, the snow crab quota of 27.6 million pounds is up 45 percent from last year’s 19 million, according to Fish and Game.

And there will be a Tanner crab fishery in the western district, which wouldn’t have happened two years ago.

Read the full story at the Anchorage Daily News

Micronesia’s longline yellowfin tuna fishery achieves MSC certification

October 15, 2018 — The longline yellowfin tuna fishery in the exclusive economic zone of the Federated States of Micronesia has achieved Marine Stewardship Council (MSC) certification.

Three Chinese companies pursued the certification and own and operate the vessels in the fishery: Liancheng Overseas Fishery (Shenzhen) Co. Ltd (SZLC), China Southern Fishery Shenzhen Co. Ltd (CSFC) and Liancheng Overseas Fishery (FSM) Co. Ltd. (FZLC). The fishery produced 745 metric tons of yellowfin tuna in 2016.

“We are extremely proud to achieve this very significant achievement and to be a part of the MSC program,” Overseas Fishery (FSM) President Samuel Chou said in a press release. “We believe that, along with our other MSC certifications, Liancheng now has more MSC longline certifications than any other tuna fleet, and we remain dedicated to continuing our efforts to upgrade all our fisheries currently in fishery improvement projects to MSC status.”

The Federated States of Micronesia is composed of more than 600 islands in the Western Pacific Ocean, and fish and seafood products represent 95 percent of the country’s total exports. Eugene Pangelinan, director of Micronesia’s National Oceanic Resource Management Authority, which manages the country’s marine resources, said the certification represents a step forward in maintaining the country’s fishing effort as sustainable.

“Achieving MSC certification demonstrates our commitment to a sustainable fishery,” Pangelinan said. “We congratulate Liancheng for their achievement and we hope that this certification will generate more interest in joining our efforts to develop our longline fishery for the benefit of all stakeholders.”

Worldwide, more than one million metric tons of tuna caught per year is MSC certified, representing around 25 percent of the global tuna catch, according to MSC Oceania Program Director Anne Gabriel.

Read the full story at Seafood Source

Fishmeal industry optimistic on upcoming Peruvian anchovy season

October 15, 2018 — Fishmeal and fish oil industry sources are optimistic about the upcoming Peruvian anchovy fishing season, which might start earlier than expected, in mid-November.

Peru’s ministry of production (Produce) is expected to announce the start of the fishing season around the end of October, taking into account the outcome of the maritime institute’s ongoing evaluation.

“Sea conditions are optimal and good reproduction has already started on the acoustic cruise that will end at the end of October,” said Humberto Speziani, IFFO board member and former president of IFFO and of the Peruvian National Fisheries Society (SNP).

Although the evaluation hasn’t yet been completed, it seems that biomass in the water is abundant, which could lead to a quota of 2 million-2.5m metric tons, according to sources. Despite rumors that the quota could be as high as 2.5m metric tons, 2m-2.2m metric tons is more in line with the historical average, one source pointed out.

“2m-2.5m metric tons is quite a reliable assumption of quota,” Jean-Francois Mittaine, an analyst with 30 years experience in the sector, told Undercurrent News, adding that fishmeal and fish oil prices were currently “quite stable”.

Super prime fishmeal is currently priced at around $1,630-1,650 per metric ton, while fish oil is at around $1,350/t, according to industry sources in Peru. Meanwhile, prices in China were slightly falling, driven by expectations of a good upcoming Peruvian season, according to sources.

Read the full story at Undercurrent News

9 countries and the EU protected the Arctic Ocean before the ice melts

October 12, 2018 —  It’s easy to miss the truly historic nature of the moment.

Last week, nine countries—the U.S., Canada, Russia, Norway, Greenland/Denmark, China, Japan, Iceland, South Korea, and the European Union (which includes 28 member states)—signed a treaty to hold off on commercial fishing in the high seas of the Arctic Ocean for at least 16 years while scientists study the potential impacts on wildlife in the far north. It was an extraordinary act of conservation—the rare case where major governments around the world proceeded with caution before racing into a new frontier to haul up sea life with boats and nets. They set aside 1.1 million square miles of ocean, an area larger than the Mediterranean Sea.

But to really grasp the significance of this milestone, consider why such a step was even possible, and what that says about our world today. For more than 100,000 years the central Arctic Ocean has been so thoroughly covered in ice that the very idea of fishing would have seemed ludicrous.

That remained true as recently as 20 years ago. But as human fossil-fuel emissions warmed the globe, the top of the world has melted faster than almost everywhere else. Now, in some years, up to 40 percent of the central Arctic Ocean—the area outside each surrounding nation’s 200-nautical-mile exclusive economic zone—is open water in summer. That hasn’t yet been enough to make fishing attractive. But it is enough that boats may be lured in soon.

So, for perhaps the first time in human history, the nations of the world set aside and protected fishing habitat that, for the moment, does not even yet exist. The foresight is certainly something to applaud. But it’s hard to escape the fact that the international accord is a tacit acknowledgment—including by the United States, which is moving to back out of the Paris climate accords—that we are headed, quite literally, into uncharted waters.

“The Arctic is in a transient state—it’s not stable,” Rafe Pomerance, a former State Department official who once worked on Arctic issues and now chairs a network of Arctic scientists from nongovernmental organizations and serves on the polar research board of the National Academy of Sciences, said last year.

Read the full story at National Geographic

Key Alaska seafood products dropped from list of Chinese tariffs

October 9, 2018 — Some of Alaska’s seafood industry has escaped the Trump administration’s trade war with China for now. The industry is happy the administration dropped some mainstay seafood products from a list of tariffs it imposed last week.

The Trump administration levied billions of dollars worth of tariffs on the world’s second largest economy on Sept. 24. The tariffs start at 10 percent and will ratchet up to 25 percent by 2019. The Trump administration’s original list of levies included seafood products that Alaska processors export to China for reprocessing.

“A portion of that actually comes back to the U.S.,” Garrett Everidge, a fisheries economist at the McDowell Group, said. “These would be products such as salmon products, Pacific cod products and other seafood products that the state produces.”

But Pacific cod and salmon have been dropped from the list.

“As of right now, those categories have been excluded from the import tariffs. Pollock products have also been excluded,” Everidge explained.

That’s good news. Even when those tariffs were just a proposal, they were slowing down Alaska processors’ sales in China, the main buyer of Alaska seafood.

That’s because Chinese fish buyers were taking a wait-and-see approach as the Trump administration worked to finalize its list of tariffs. 

“Compared to a few months ago when there was a bit more uncertainty and just less information, we now have a better understanding of those products that are actually going to be on the list,” Everidge added. “That represents an improvement for both the buyers and sellers.”

Alaska Seafood Marketing Institute Executive Director Alexa Tonkovich agrees the final list is an improvement.

Read the full story at Alaska Public Media

‘Historic’ Agreement Bans Commercial Fishing Across a Vast Swath of the Arctic

October 4, 2018 — As the Arctic’s mantle of protective sea ice grows smaller and sadder by the year, new waters are opening up, setting the stage for industry and tourism to take off. But a vast swath of those chilly seas will soon be off-limits to at least one human enterprise: commercial-scale fishing.

On Wednesday, nine nations and the European Union signed an agreement to place a moratorium on unregulated commercial fishing across 1.1 million square miles of the central Arctic Ocean. These waters are becoming increasingly accessible as Arctic sea ice melts, and conservationists have been pushing for more protections so that exposed and potentially fragile ecosystems can be properly studied before we screw them up beyond repair.

Apparently, Arctic nations and those looking to exploit the ocean’s riches in the future—a list that includes the U.S., Russia, Canada, China, and Japan—are listening. The moratorium, which builds off protections the U.S. put in place in 2009, will be in effect for 16 years unless a science-based management plan can be established sooner, according to a press release from Pew Charitable Trusts. There’s also the potential to extend the fishing ban for additional five year increments depending on the results of a new research and monitoring program, which will focus on how the central Arctic Ocean ecosystem is changing and how best to manage any emerging fisheries.

Read the full story at Earther

US, Russia, China, others to sign agreement preventing illegal fishing in Arctic

October 3, 2018 — The United States is set to join nine other countries and organizations in a first-of-its kind agreement to protect Arctic Ocean waters from commercial fishing.

The pact, scheduled to be signed Wednesday, 3 October in Ilslissat, Greenland, comes after two years of negotiations between countries with coastlines on the Arctic as well as other major fishing powers. Those nations concluded talks last November.

The agreement comes as polar melting has reduced the Arctic ice cap and open new areas in the central part of the ocean for vessels. That means commercial fishing may be viable in those areas.

However, nine years ago, the U.S. closed its exclusive economic zone in the Arctic off the northern Alaskan coast to commercial fishing operations until government officials learned more about the region’s ecosystem. Alaska fishermen have expressed fears that the melting could lead to foreign vessels fishing in U.S. waters.

In a statement released 1 October, the U.S. State Department said the Greenland agreement cuts down chances of illegal fishing taking place in U.S. waters currently off limits to American fishermen.

Under terms of the agreement, the participating nations must create plan to study the Arctic’s ecosystem and not just for fishing purposes.

Michael Byers, an international law professor at the University of British Columbia, praised the countries for their forward thinking on the matter in a Canadian Press article.

Read the full story at Seafood Source

US companies accused of dumping lobster in Asia

September 28, 2018 — An executive with a Chinese seafood conglomerate has accused U.S. lobster companies of dumping their products on other Asian markets at steep discounts.

Jack Liu, the Halifax, Nova Scotia, Canada-based, North American president of Chinese seafood company Zoneco, which owns the lobster-focused Capital Seafood, told the Canadian Broadcasting Company the dumping was a response to newly-imposed tariffs closing off the Chinese market to U.S. exporters.

“They are going to dump those amounts of lobster into other parts of the world,” Liu said. “We have seen that.”

Liu said U.S. lobster – often labeled as Boston lobster – is selling for at least a USD 1.00 (EUR 0.85) per pound less in Hong Kong, Malaysia, and Taiwan, putting pressure on Canadian lobster exporters.

“I believe Canadian lobster, as we speak, is somewhat losing market share in those Asian markets due to the lower price from the U.S.,” he said.

While Canadian exports to China have risen in the short-term, Liu said he is not comfortable with the situation.

“Tariffs have never been a good thing. Any sort of tariffs are going to distort and disrupt the markets and we’ve already seen that,” Liu said.

Read the full story at Seafood Source

 

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