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High cost of diesel fuel taking toll on commercial fishing, boating in Gloucester

July 24, 2026 — With the conflict in the Middle East escalating, global oil prices again topped more than $100 a barrel Thursday, and the high cost for diesel continues taking a toll in Gloucester, where commercial fishing and boating remain central to the local economy.

At Rose’s Marine, a longtime marine supply store serving in the city, employee Archie MacLeod Jr., a former commercial fisherman, said fuel costs have become one of the biggest concerns among the local fishermen supplying seafood across New England.

“2026 has been a tough year”

“They’re ridiculous. You know, the fuel prices, especially for diesel, which is one of the main fuels that runs the country, whether it’s trucking or fishing or any industry, really, they’re really high, and it’s really hard for guys to go out and make a living,” MacLeod said.

“You’re traveling 200 miles sometimes from shore, and all that fuel needs to be paid for. And a lot of times, you don’t make a paycheck until you pay for the fuel, you know, and the other expenses you have, so it’s a big thing that you have to deal with,” MacLeod added. “2026 has been a tough year.”

According to AAA, the national average price for a gallon of diesel is more than $5.20, up more than $2.65 from a year ago.

“Unfortunately for the fishermen, it’s just another obstacle that they have to face,” said Captain Jim Douglass, who owns Gloucester-based Cape Ann Whale Watch. “Fishing’s tough. Maintaining the boat’s tough, and now to have the extra price of fuel on top of that? Yeah, it’s making it hard for them.”

Read the full article at CBS News

Middle East tensions rise, causing potential seafood supply-chain bottlenecks

April 20, 2024 — Tensions in the Middle East continue to rise, leaving the global shipping sector in a state of uncertainty.

On 13 April, Iran seized control of a Portuguese-flagged container vessel, the MSC Aries, for “violating maritime laws,” according to a statement from Iran’s Foreign Ministry. The ship is partially owned by Israeli businessman Eyal Ofer, Reuters reported.

Read the full article at SeafoodSource

First Oyster Farm Established in the Middle East Receives Friend of the Sea Recognition for Sustainable Practices

September 6, 2022 — Oysters are traditionally found in the cooler waters of Europe, North America, or East China, the world’s biggest producers of the highly appreciated shellfish. However, since its creation in 2016, the Dibbay Bay oyster farm started changing perceptions becoming the first aquaculture project of its kind in the United Arab Emirates  and the region. On July 5th, the company accomplished another milestone by receiving the Friend of the Sea Sustainable Aquaculture certification.

 Dibba Bay is the first farm in the Middle East to grow gourmet oysters. Located on the East Coast of the UAE in Dibba, the company produces over 300.000 oysters a month thanks to the warm, clean, and nutrient-rich currents that bathe the coast of Fujairah.

The company, created by CEO Ramie Murray, accomplished the challenge of introducing the Pacific cupped oysters, originally from Japan, into Emirati waters. Dibba Bay buys spats from hatcheries around the world, seeds them in an oyster nursery, and places them in lanterns before lowering them into the water. The oysters grow without any feed or chemical substances, relying on the natural environment rich in phytoplankton.

Read the full article at Friend of the Sea

Middle Eastern, African seafood markets poised for growth as consumption and urbanization rise

January 25, 2021 — Demand for seafood products in the Middle East and Africa has been rising steadily, a trend that is likely to persist through 2027, according to a new report from Insight Partners, a venture capital and research firm based in New York City, U.S.A.

The report, “Middle East and Africa Seafood Market Forecast to 2027 – COVID-19 Impact and Regional Analysis,” found the value of the seafood market in the two regions is projected to grow from USD 9.3 billion (EUR 7.7 billion) in 2019 to USD 10.7 billion (EUR 8.9 billion) in the next six years.

Read the full story at Seafood Source

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