March 14, 2024 — Trident Seafoods is selling its processing facility in Ketchikan, Alaska, U.S.A. to Silver Bay Seafoods.
Trident and Silver Bay are two of Alaska’s largest seafood processors. Trident announced in December 2023 it was aiming to sell its Ketchikan plant, along with its facilities in Kodiak, Petersburg, False Pass, as well as its support facilities in Chignik. In a 8 March update, Trident said it was close to finalizing sales of its Ketchikan, False Pass, and Petersburg plants.
May 13, 2020 — The coronavirus pandemic has decimated the seafood industry in the U.S. Following the widespread closure of restaurants and food service locations, many of the country’s fisheries have reported sales dropping as much as 95%. Thousands of commercial fishers are at risk of bankruptcy, The Washington Post reported.
Shortly after sales started to plummet, seafood companies — including Trident, Pacific Seafoods, High Liner, Cargill and Fortune International — wrote a letter to the Trump administration to ask for financial support. Although the industry anticipated the need for billions of dollars, the government only approved an aid package for $300 million at first.
Now the government is offering additional support with another $300 million in financial aid, as well as an attempt to bolster domestic production. Currently, domestic aquaculture production is either done on land or in state-controlled waters and is only a small portion of U.S. seafood. Aquaculture accounted for 20% of the country’s seafood production in 2016, according to NPR. The outlet reported that U.S. production is dwarfed by imports, which account for 90% of the country’s seafood consumption.
October 15, 2019 — SeaShare – a nonprofit organization devoted to partnering with the seafood industry to get seafood into various foodbanks – and the National Fisheries Institute’s (NFI) Future Leaders program is holding a national day of giving on 16 October.
SeaShare donates seafood through a national network of food banks, known as Feeding America, in order to provide thousands of people struggling with hunger with healthy proteins. Partners throughout the seafood industry provide funding and seafood to give nutritious meals to some of the 41 million Americans that struggle with hunger.
May 30, 2019 — Soon after a U.S. pediatric doctors’ group said that children need to eat more seafood, the Seafood Nutrition Partnership (SNP) delivered some hopeful news for the cause, confirming that its recent marketing campaign targeted at mothers was highly successful.
In partnership with seafood suppliers such as Starkist, Trident, Bumble Bee, and Verlasso, the coupon and digital campaign that ran for eight weeks during Lent generated a 300 percent return on investment, SNP said. The organization’s investment of USD 100,000 (EUR 90,000) produced approximately USD 300,000 (EUR 269,000) in sales growth, SNP President Linda Cornish told SeafoodSource.
Notably, sales of seafood in supermarkets in Indianapolis, Indiana, where the pilot campaign took place, rose 2.4 percent during the promotional period. Frozen finfish soared more than 11 percent, far outperforming national sales growth of less than 3 percent, according to SNP.
“We surveyed local moms and poured over a lot of data to really understand the audience. We found that Indy-area moms like seafood and they want to eat it more, but they didn’t think their families would eat it,” Cornish said.
August 1, 2018 — Salmon prices are starting to trickle in as more sales are firmed up by local buyers, and early signs point to good paydays across the board.
At Bristol Bay last week, Trident, Ocean Beauty and Togiak Seafoods posted a base price of $1.25 a pound for sockeyes, according to KDLG in Dillingham. Trident also was paying a 15 cent bonus for reds that are chilled and bled, and the others may follow suit.
Copper River Seafoods raised its sockeye price from $1.30 to $1.70 for fish that is chilled/bled and sorted. That company also reportedly is paying 80 cents a pound for coho salmon and 45 cents for chums and pinks.
The average base price last year for Bristol Bay sockeyes was $1.02 a pound, 65 cents for cohos, 30 cents for chums and 18 cents a pound for pinks.
Kodiak advances were reported at $1.60 for sockeyes, 55 cents for chums and 40 cents for pinks. That compares to average prices of $1.38 for sockeyes, 40 cents for chums and 31 cents for Kodiak pinks in 2017.
At Prince William Sound a sockeye base price was reported at $1.95 and chums at 95 cents.
At Norton Sound the single buyer was advancing 80 cents a pound for chums and $1.40 for cohos, same as last year, and 25 cents for pinks, an increase of 22 cents.
Read the full story at National Fisherman