Saving Seafood

SIMP helping to drive seafood’s blockchain moment

June 24, 2019 — It’s not your imagination. The seafood industry is talking a lot more than usual about Bitcoin these days.

But don’t worry. There’s no effort afoot to launch a new form of seafood-themed cryptocurrency — though “Fishscales” would have a nice ring to it.

Rather, the National Oceanic and Atmospheric Administration’s implementation of its new Seafood Import Monitoring Program (SIMP) requirements is helping to drive a great deal of interest in blockchain, the digital technology that underlies Bitcoin, Sean O’Scannlain, the president and CEO of Fortune Fish & Gourmet, told Undercurrent News in a telephone interview this week.

Besides running one of the US’ largest seafood wholesalers, O’Scannlain is also chairman of the Seafood Industry Research Fund (SIRF), a 55-year-old group that has provided almost $4 million in grants to help create about 400 research papers, all publicly available. Roughly a week ago, the National Fisheries Institute (NFI) announced that SIRF would be launching a pilot aimed at enabling the industry to better use blockchain, increasing transparency, optimizing supply chain processes and combating fraud.

Read the full story at Undercurrent News

The Beyond Meat of Fish Is Coming

June 13, 2019 — Salmon has become the guinea pig of the seas when it comes to using technology to supplement falling fish populations. Now it’s moved onto land—and into the laboratory.

The fatty orange fish was the second-most-consumed seafood in the U.S. in 2017, after shrimp, and per capita consumption increased 11 percent, to 2.41 pounds per person, from the prior year, according to the National Fisheries Institute, an industry group. Globally, demand for salmon has skyrocketed, along with that for all fish, fueling overfishing and threatening supply.

Industrial-scale salmon farming, once seen as a solution, has its own problems. Massive stocks of smaller fish are depleted to feed farmed salmon, and parasites flourish in salmon pens where farmers use pesticides, contributing to pollution and ecosystem destruction. Sea lice have infested farms in Norway and Scotland in recent years, and a deadly algae bloom killed salmon in Chile, a top farmed-salmon producer. Farmed fish sometimes escape, too, contaminating nearby wild salmon.

Read the full story at Bloomberg

NFI, SIRF partner on seafood blockchain pilot with IBM

June 12, 2019 — The National Fisheries Institute (NFI), with financial support from the Seafood Industry Research Fund (SIRF), announced 11 June it is partnering with IBM’s Food Trust to create a blockchain-based seafood supply chain traceability program.

NFI is the largest U.S. seafood industry trade group. IBM’s Food Trust is a blockchain-based system that creates a shared record of food data, and that system will introduced to NFI members. Members – including harvesters, importers, processers, cold storage, foodservice restaurants, and retailers – are all involved with the program.

“We are excited that NFI and the real seafood value-chain will test IBM’s technology,” NFI President John Connelly said.  “NFI members’ supply chains are dynamic and wide-reaching, a fertile ground for this type of pilot.”

Read the full story at Seafood Source

Trump says tariffs will continue on Chinese imports

March 21, 2019 — U.S. President Donald Trump announced on Wednesday, 20 March that U.S. tariffs on imported products from China would continue, even as the two countries make strides toward resolving their trade issues.

Earlier this month, media reports indicated Chinese and American officials were close to a deal that would repeal the levies in exchange for China agreeing to purchase additional products. However, Trump’s comments to reporters outside the White House seemed to contradict, or at least dampen, those expectations.

“We’re talking about leaving them (on) for a substantial period of time,” Trump said. “We have to make sure that if we do the deal with China that China lives by the deal. Because they’ve had a lot of problems living by certain deals.”

The current trade war has hit the seafood industry particularly hard on both sides as China introduced a 25 percent tariff on American seafood imports last year, and the U.S. countered by hiking its tariffs on Chinese seafood imports by 10 percent.

The seafood industry has just been one of many that have suffered over the past year as a result of the tariffs. According to a report from four college economists published this month by the National Bureau for Economic Research, imports from targeted counties, not just China, dropped by nearly 32 percent, while American exports slumped by 11 percent. The end result being a USD 7.8 billion (EUR 6.9 billion) loss.

Read the full story at Seafood Source

Maine lobster harvest topped 100m lbs again

January 23, 2019 — The Maine Department of Marine Resources is still auditing its 2018 lobster catch and won’t issue a report until February, but department spokesperson Jeff Nichols has reportedly confirmed that the US state landed more than 100 million lbs for the eighth year in a row.

Speaking at the National Fisheries Institute’s Global Seafood Market Conference, in San Diego, California, last week, Keith Moores, president of Gloucester, Massachusetts-based frozen seafood supplier J.W. Bryce, estimated that Maine’s 4,500 harvesters landed about 119m lbs of lobster in 2018, an 8m lb increase over 2017, the Portland (Maine) Press Herald reported.

Read the full story at Undercurrent News

Restaurant trends emphasize fast casual, but seafood playing catch-up

January 22, 2019 — Trends indicate that Americans are spending more and more of their money on eating out, and an increasing proportion of the ever-larger restaurant spend is being done at fast-casual establishments.

Starting in 2010, Americans’ total spending on food away-from-home started to pull away from spending on food prepared and eaten at home, to the point that Americans spent USD 100 billion (EUR 88 billion) more on eating out in 2017 than on food at home.

“Food away from home started taking up [more of peoples’] food budgets,” Richard Barry, program manager for the National Fisheries Institute, at last week’s Global Seafood Market Conference in Coronado, California.

Among that dining-out experience, one restaurant segment saw the most explosive growth: Chain quick-service restaurants, also known as “fast casual” restaurants. Even during the 2007 to 2009 recession, the segment added thousands of new locations, and in 2015 the segment had more than 200,000 restaurants across the country, up from just over 150,000 in 2005.

“The big driver behind the foodservice segment is these chain quick-service restaurants,” Barry said.

Read the full story at Seafood Source

‘Three-fold competition’ arises for tighter cod supplies as tariffs could invert haddock price gap

January 18, 2019 — According to figures released at the National Fisheries Institute’s Global Seafood Market Conference, world cod supply is expected to decline to 1.5 million metric tons in 2019, down from 1.59 million metric tons in 2018.

Todd Clark, a founder and partner at Endeavor Seafood, an importer and marketer of frozen seafood based in Newport, Rhode Island, said that there’s a downward supply trend in both Atlantic cod, driven by reductions out of the Barents Sea, and Pacific cod, where US supply has fallen somewhat in the Bering Sea and sharply in the Gulf of Alaska.

“There’s a steady decrease in both of these resources, really,” Clark said.

Looking at Atlantic cod supply in historical perspective, the resource, at 1.3 million metric tons in 2017, has fluctuated between a low of under 1 million metric tons in 2007 and a 2.75 million metric ton high seen in 1974.

Read the full story at Undercurrent News

Americans eating a lot more seafood, according to NFI’s new Top 10 list

December 14, 2018 — Americans ate over a pound more seafood per capita in 2017 than they did the year before, according to the latest figures shared in the National Fisheries Institute’s (NFI) annual list of the top 10 most consumed seafood species in the United States.

In 2017, Americans consumed 16 pounds of seafood per capita, an increase of 1.1 pounds from 2016 – a considerable hike, said NFI President John Connelly.

“More than a pound increase is substantial,” Connelly said in a prepared statement.

The pound-plus increase wasn’t the only eye-opening figure presented in this year’s list, either, Connelly noted. The new numbers suggest that seafood consumption in the United States may be diversifying beyond the usual suspects, he said.

Read the full story at Seafood Source

 

Atlantic Capes Fisheries Founder Danny Cohen Passes Away After Battle With Cancer

November 23, 2018 — SEAFOOD NEWS — Danny Cohen, the founder and CEO of Atlantic Capes Fisheries, passed away on Tuesday after battling cancer. He was 63-years-old.

Cohen started Atlantic Capes Fisheries after taking over a small fishing dock and several fishing boats that his father, Joseph Cohen, left to him. Over the years he served as Chairman of the National Fisheries Institute Scientific Monitoring Committee, and was a member of the NFI Clam Committee. He also worked with Rutgers University and founded Cape May Salt Oyster Company, “re-vitalizing the Delaware Bay oyster industry by growing disease resistant shellfish.”

National Fisheries Institute president John Connelly released the following statement on Cohen’s passing:

Danny Cohen, founder of Atlantic Capes Fisheries, Inc. was uniquely committed to both the sustainability of the resource and the sustainability of his employees.

Danny was influential in organizing efforts to promote the sustainable harvest of clams, scallops, and other seafood. He took a long-term view of the fisheries and encouraged a balance between industry and environment that would prove an instrumental equilibrium for crew, vessels, and the fish.

Even as Atlantic Capes grew to a multi-species company with dozens of boats, a fleet of trucks and hundreds of employees, his strategy and steady leadership remained the same.

Danny is remembered for serving as Chairman of the National Fisheries Institute (NFI) Scientific Monitoring Committee and on the NFI Clam Committee.

His foresight, innovation, commitment, and his unforgettable laugh, will be missed.

Cohen is survived by his daughter Dorit, his sister Maxi, brother Barry and sister-in-law Ronnie, and his companion Sharon. A funeral will be held Sunday, November 25 at 10:30 a.m. at Shirat HaYam in Ventnor, NJ. Shiva will follow at Barry and Ronnie Cohen’s home in Linwood, NJ.

This story originally appeared on Seafoodnews.com, a subscription site. It is reprinted with permission.

Studies: Omega-3s temper premature births, heart attacks

November 21, 2018 — New research linking omega-3 fatty acids with a reduced risk of cardiovascular diseases as well as the reduction of dangerous premature births is expected to have benefits for the seafood industry.

In a study of people who took Lovaza, a prescription omega-3 fish oil, researchers found that subjects were 28 percent less likely to suffer heart attacks than those taking a placebo. Additionally, people who ate fewer than 1.5 servings of fish weekly reduced their risk of cardiovascular disease by 19 percent when taking Lovaza.

The research was presented at the recent American Heart Association 2018 Scientific Sessions in Chicago, Illinois, and published in the New England Journal of Medicine.

“The use of fish oil did not significantly reduce risk for those eating more seafood, but the average overall showed a reduced risk,” Dr. Tom Brenna, a professor of pediatrics, chemistry, and nutrition at the University of Texas in Austin, Texas, and chair of Seafood Nutrition Partnership’s Scientific and Nutrition Advisory Council, told SeafoodSource. “The message here is, ‘If you don’t eat fish, take supplements.'”

Alongside the Lovaza study, a new Cochrane Review of 70 studies worldwide found that omega-3 fatty acids reduced dangerous preterm births by 42 percent.

The extensive review of published studies, which included 20,000 pregnant women, also revealed an 11 percent reduction in preterm births, and a 10 percent reduction in risk of having a low-birthweight baby. The researchers reviewed studies involving fish oil supplements as well as seafood.

“This study is further evidence that health professionals should be actively promoting fish and omega-3s among pregnant women as they have possibly the most to gain from eating more fish,” Jennifer McGuire, a registered dietitian for the National Fisheries Institute, told SeafoodSource.

Read the full story at Seafood Source