Saving Seafood

JOHN SACKTON: How coronavirus could impact North American seafood

February 20, 2020 — A lot of people in the seafood industry are thinking about coronavirus (COVID-19). The major impact has been on shipping, tourism, and travel, all of which are vital to the North American seafood industry.

The question is whether this is a short-term event like a hurricane or political strike that impacts one area of our supply chain, or if this is a year-long global pandemic, leading to big changes in behavior in our markets.

Clearly we don’t know yet, despite people like the CEO of Mowi saying it is a short term event. However, we can already see some supply and demand disruptions, and we can prepare for others. After thinking about this for the last couple of weeks, here are some preliminary ideas.

Some products disrupted more than others initially

Most seafood products have not suddenly changed in price over the past few weeks. If you look at Urner Barry’s dashboard, the majority of items remain green, showing rising or steady prices.

Read the full opinion piece at Undercurrent News

US launches investigation into Mowi price-fixing allegations

November 14, 2019 — Salmon farming giant Mowi has announced it is being investigated by the U.S. Department of Justice regarding allegations of price-fixing in Norway’s farmed Atlantic salmon market.

The move by the U.S. DOJ stems from an ongoing investigation by the European Commission into “concerns that the inspected companies may have violated E.U. antitrust rules that prohibit cartels and restrictive business practices.” That investigation became public in February, when the E.C. carried out unannounced inspections at the premises of several Norwegian firms involved in the farmed Atlantic salmon sector in Europe.

Read the full story at Seafood Source

Mowi faces difficult decision on conceptual “Egg” salmon cages

August 23, 2019 — Mowi is considering dropping plans for a futuristic method of salmon farming.

Along with Hauge Aqua, Mowi has developed an ovaloid-shaped conceptual design, termed “The Egg,” which floating, self-supported, and closed salmon-farming cage that is described as “escape-proof.” The enclosure is designed to limit interaction between the farmed salmon on the inside and the wild salmon on the outside, and would prevent sea lice because it pulls in ocean water from 26 meters, which is a depth where the parasites are unable to exist, according to Marine Harvest.

Read the full story at Seafood Source

Mowi CEO: GSI will continue to be a game-changer

May 30, 2019 — The Global Salmon Initiative (GSI) recently published its annual Sustainability Report, providing six years of data across 14 indicators for more than half of the global salmon industry. The report identified a number of key trends within the salmon farming sector and its membership, including:

  • A 50 percent decrease in the use of sea lice treatments, coupled with a 120 percent increase in the use of non-medicinal methods – due both to technological advancements and best-practice sharing;
  • The amount of fishmeal and fish oil in feed has reduced by 17 percent and 9 percent, respectively, resulting in an overall 11 percent decrease in the sector’s use of marine ingredients;
  • Farmed salmon continues to be one of the most eco-efficient forms of animal protein production, with the lowest carbon footprint, lowest feed conversion ratio, and lowest land-use;
  • More than 620,000 metric tons (MT) of salmon farmed by GSI members are now certified to the Aquaculture Stewardship Council (ASC) standard. Coming from over 185 farms worldwide, this represents almost 60 percent of their total production.

In an interview with SeafoodSource, Alf-Helge Aarskog, CEO of Mowi and co-chair of GSI, explained how the group’s collaborative endeavors and focus on transparency will continue to drive improved sustainability across the industry for a long time to come.

SeafoodSource: Has GSI achieved what you hoped it would over the past six years, and what have been its defining moments so far?

Aarskog: Having been involved in the GSI since it began in 2013, I am very pleased with how far the group has come. There is still a lot for us to work on, but in only six years to see the progress the industry has made in improving its transparency, focusing more on its sustainability challenges, and the speed at which we have approached the ASC standard, I think it is well beyond what any of us expected.

Read the full story at Seafood Source

US companies file class-action suit alleging price-fixing by Norwegian farmed salmon firms

April 25, 2019 — A class-action lawsuit filed on behalf of U.S. direct purchasers of Norwegian farmed salmon is accusing multiple Norwegian firms including Mowi, Grieg Seafood, Lerøy Seafood, and SalMar of conspiring to fix the prices of farmed salmon.

The lawsuit, filed on Tuesday, 23 April, alleges the major players in Norway’s farmed salmon industry exchanged competitively sensitive information among themselves, with the aim of artificially controlling the price of farm-raised salmon bought by U.S. seafood buyers, a violation of the Sherman Anti-Trust Act.

The lawsuit is largely based on an ongoing investigation by the European Commission into “suspected anti-competitive practices” in the farmed Atlantic salmon sector in Europe, first made public in February 2019. The investigation included raids by E.C. officials of the Scottish and Dutch corporate offices of several seafood companies based in Norway, including Mowi, Grieg Seafood, Lerøy Seafood, and SalMar.

A letter sent by the E.C. to one of the companies, obtained by SeafoodSource, revealed the E.C. approved a decision on 6 February, 2019, to investigate information received “from different actors operating at different levels in the salmon market” alleging that some Norwegian producers “participate or have participated in anti-competitive agreements and/or concerted practices related to different ways of price coordination in order to sustain and possibly increase prices of farmed Norwegian Atlantic salmon.”

The lawsuit was filed in U.S. District Court in the Southern District of Florida (Miami Division) on behalf of Mentor, Ohio-based Euclid Fish Company, according to Arthur Bailey of Hausfeld LLP, one of the plaintiffs’ attorneys. Numerous other similar suits have and will continue to be filed containing similar allegations, including by Schneider’s Seafood & Meats of Cheektowaga, New York, and by Euro USA Inc. of Cleveland, Ohio, Bailey told SeafoodSource. Within the next month, the cases will be combined into one larger class-action suit including all direct purchasers of Norwegian farmed salmon, Bailey said. The case will be heard by James Lawrence King.

Read the full story at Seafood Source