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CALIFORNIA: Spiny lobster comes back to San Diego

February 11, 2021 — “It started with rumors, said Pete Halmay, seasoned urchin diver and president of San Diego Fishermen’s Working Group. At seventy-something, he’s still out getting salty almost every day. Two or three months before spiny lobster season was set to open in early October, Halmay said, talk on the docks was that Asia wasn’t buying this year, demand was way down due to covid-19, and the price San Diego fishermen would get for spiny lobster would be 30-50 percent of the norm. In a typical year, 95 percent of spiny lobster caught in San Diego goes to overseas markets, primarily Asia.

Coveted for its resemblance to a dragon, California spiny lobster is a lucky dish for Lunar New Year and is served at weddings and large get-togethers. Covid-19 crashed those parties in late 2019 and throughout 2020. Spiny lobster prices crashed too. President Trump’s trade war with China and the retaliatory tariffs didn’t help. The rumored price prior to the season opening was $8 per pound, down from the 2019 average of about $20 and 2015’s high near $30. California Department of Fish and Wildlife data showed that spiny lobster was the most profitable local catch at $3.8 million in 2017. In 2018, it brought in $3 million, beating out bigeye tuna. When the pandemic started in China in late 2019, it coincided with the height of legal spiny lobster season in California. Sales in 2019 dropped to $1.8 million. Among San Diego’s top-grossing seafoods, spiny lobster saw the biggest decline. Said Halmay, “They [local fishermen] got together and decided, ‘We can’t make a living off that. Let’s do something about it.’”

Seafood typically changes hands four or five times before reaching the consumer. In San Diego, fishermen sell off the dock to whomever is buying at the highest price, and they have no control over the “chain of custody” after that. “We know one up and one down, where it comes from and who buys it. We don’t really know for sure where it goes after that.”

Read the full story at the San Diego Reader

WASHINGTON: Applications open for federal relief funding to commercial fishing, shellfish, charter and seafood sector industry members

February 11, 2021 — Eligible commercial fishing, shellfish, charter and seafood sector industry members who have been negatively impacted by the COVID-19 pandemic can now apply with the Pacific States Marine Fisheries Commission (PSMFC) for assistance.

Industry members who experienced a gross revenue loss from January through July 2020 greater than 35 percent of their 2015-2019 average, are eligible to apply for federal relief funding. Washington-based commercial fishers who fish in Alaska are also eligible.

Under Section 12005 of the CARES Act, Congress provided $300 million to states to distribute to fisheries participants. National Oceanic and Atmospheric Administration (NOAA) Fisheries allocated the funding among states, territories, and tribes with Washington and Alaska receiving the highest allocation of $50 million each.

Washington non-tribal commercial fishing, shellfish and charter industry members have been allocated $39 million, with $11 million allocated to members of Washington’s 24 treaty tribes. The CARES Act funds are intended to help those who have experienced negative impacts to commercial, subsistence, cultural and ceremonial fisheries resulting directly or indirectly from the COVID-19 pandemic.

Read the full story at Chinook Observer

Post-COVID recovery could see spate of seafood company mergers and acquisitions

February 11, 2021 — When the world begins to recover from the COVID-19 pandemic, some prominent seafood executives are predicting a busy period of mergers and acquisitions.

Speaking during the National Fisheries Institute’s 2021 Global Seafood Market Conference’s economic outlook panel, seafood company advisors and CEOs said they expect a combination of factors will lead to increased M&A activity. As companies begin to see a turnaround from the COVID-19-related economic downturn, access to cheap financing could spur companies to look for new opportunities, according to Antarctica Advisors LLC Managing Partner Ignacio Kleiman.

Read the full story at Seafood Source

Chinese New Year restrictions, stronger renminbi complicating seafood trade

February 11, 2021 — The Chinese government’s effective measures to contain the spread of COVID-19 will lead to further GDP growth this year but the cancellation of some Chinese New Year celebrations will drag down consumer spending, according to Alicia Garcia Herrero, Asia economist at the Hong Kong offices of French investment bank Natixis.

Business and consumer sentiment has been dented by new containment measures before the Chinese New Year, but an increasingly stronger renminbi will be of some comfort to seafood importers, Garcia Herrero said.

Read the full story at Seafood Source

MASSACHUSETTS: COVID-19 federal relief funds for SouthCoast fisheries topped $5 million

February 11, 2021 — Keith Decker, CEO of Blue Harvest Fisheries, said federal relief funds made a “big difference” in minimizing the impact of the pandemic. The company received just over $510,000 last year for its processing facility and four of its fishing vessels, according to state records.

Decker said they used the funds for production line modifications to allow for social distancing and improved worker safety. The company also adopted a temporary wage increase for “hazard pay” for workers who were able to continue working during the height of the pandemic, he said.

SouthCoast commercial fishermen, charter boat owners, aquaculture farmers and processors like Blue Harvest received about 18.5%, or $5.1 million, of federal funds allocated to Massachusetts last year for economic relief for fisheries.

The 2020 Coronavirus Aid, Relief, and Economic Security Act, known more commonly as the CARES Act, authorized over $2 trillion in relief to individuals, businesses, hospitals, loan programs and other recipients to help ameliorate the economic impacts of COVID-19.

Read the full story at the New Bedford Standard-Times

One Alaska king salmon is worth the same as two barrels of oil right now

February 10, 2021 — Seafood sales “are on fire” in America’s supermarkets and one king salmon from Southeast Alaska is worth the same as two barrels of oil.

That’s $116.16 for a troll-caught chinook salmon averaging 11 pounds at the docks vs. $115.48 for 2 barrels of oil at $57.74 per barrel on Feb. 3.

As more COVID-conscious customers opted in 2020 for seafood’s proven health benefits, salmon powered sales at fresh seafood counters. Frozen and “on the shelf” seafoods also set sales records, and online ordering tripled to top $1 billion.

Those are some takeaways from a National Fisheries Institute Global Marketing Conference hosted online by SeafoodSource News.

Here is a sampler of what experts called “eye-popping” 2020 retail sales reflecting America’s trend to eat more fish:

IRI, a world leader in market data, said overall sales at in-store fresh seafood counters jumped 28% to $871 million, led by salmon with a 19% increase to $2.2 billion.

Read the full story at the Anchorage Daily News

ALASKA: Single Positive Case of COVID Found as OBI Conducts Preseason Testing at Petersburg Plant

February 10, 2021 — Petersburg, AK — Yesterday, after testing all incoming employees for the crab season, OBI Seafoods confirmed one positive case of COVID. The company hired a completely local workforce of Petersburg residents for the 2021 tanner and golden king crab fishery, which begins February 17.

The employee who tested positive is asymptomatic and was immediately isolated. Contact tracing was done to identify others for additional testing and quarantine.

Read the full story at Seafood News

NFI’s Robert DeHaan: Action on climate change, COVID, multilateralism will guide Biden’s first months

February 10, 2021 — Just before Joseph Biden was sworn in as president of the United States a month ago, his chief of staff, Ronald Klain, laid out the obstacles ahead for the administration.

“We face four overlapping and compounding crises: the COVID-19 crisis, the resulting economic crisis, the climate crisis, and a racial equity crisis,” Klain wrote in a memorandum issued to staff on 16 January.

Read the full story at Seafood Source

Restaurants, seafood suppliers hoping Valentine’s Day gives them a boost

February 10, 2021 — Due to the COVID-19 pandemic, only 24 percent of Americans plan to dine out for the Valentine’s Day holiday, and they will spend USD 32 (EUR 26) less on gifts per person on average, according to the National Retail Federation (NRF).

However, 41 percent say they are planning a special dinner or celebration at home, and a majority still believe it is important to celebrate the holiday – especially due to the pandemic, NRF reports.

Read the full story at Seafood Source

$400K in federal funds may help open new markets for Maine aquaculture

February 9, 2021 — A research project looking at new and underserved markets for Maine’s aquaculture industry has been awarded $400,499 in federal funding from the National Oceanic and Atmospheric Administration’s National Sea Grant program.

The award, announced Friday, will go to the Maine Sea Grant, according to a news release.

“The COVID-19 pandemic has had a tremendous negative impact on all seafood producers,” said Sebastian Belle, the association’s executive director. “The work that will be done in this project will be critical in helping our members adapt to and recover from the challenges they are facing.”

The award will support the research of potential new and underserved markets for Maine-grown aquaculture products, and will fund efforts to seek partnerships between aquaculture and wild capture supply chains.

“Maine’s aquaculture industry has undergone significant growth and diversification in recent years, creating new jobs and economic opportunities in our state,” U.S. Sens. Angus King, I-Maine, and Susan Collins, R-Maine, said in a joint statement.

Read the full story at MaineBiz

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