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Dec 8 - Maine Shrimp Fishery May Never Rebound


Dec 7 - Coldwater Shrimp Market May be Tight in Early 2018


Dec 7 - Dan Herring Joins Suram Trading Corp as VP of National Accounts


Dec 5 - Red Lobster Launches New, Smaller Tasting Plates and Globally-Inspired Entrées


Dec 5 - Shrimp Imports Continue to Accelerate, Driven by Retail Demand


Dec 4 - Vietnam Overcomes Challenges to Grow Shrimp Export Volume to South Korea


Dec 1 - West Coast Pink Shrimp Season Ends at 32 Mln Pounds, a Disappointment as Volume and Value Cut 50%


Nov 30 - Ending Yet to be Written for Hema Fresh's Fairy Tale Rise in China


Nov 29 - SeaPak Begins Holiday Marketing Efforts For Stress-Free Entertaining


Nov 17 - JD Fresh Moves 20,000 Tons of Fresh Food, Garnering Huge Success on Singles' Day


Nov 15 - EU Importers Already Shifting Away from Indian Shrimp Prior to EU Inspection Visit


Nov 10 - CAPMA Says 1.6 Million Tons of Seafood Imported Illegally Into China at China Fisheries Show Seminar


Nov 8 - Goulian’s Sales Rise in Both Chinese and Foreign Markets, Fueled by E-commerce Business


Nov 7 - Ecuador's Songa Investing Further for China Shrimp Market, Says Shortages of Large Shrimp Over


Nov 6 - Thai Union 3rd Qtr Highlights Shift from US Market, Lobster Sales to China, and High Skipjack Prices


Nov 3 - September 2017 Shrimp Imports Increase, YTD Imports Higher Through Q3


Nov 3 - August Sees Increase in Shrimp Exports from Vietnam


Nov 1 - Trū Shrimp Building Hatchery in Luverne, Minnesota, After Engineering Breakthrough


Oct 27 - Mexico Reportedly Suspends Honduran Shrimp Exports Due to Yellow Head Disease


Oct 26 - Weihai City In Shandong Provice Exports First White Shrimp to Canada; Prices Elsewhere Fluctuate


Oct 25 - EU Increases Vietnam Shrimp Imports After Standstill in June and July


Oct 23 - Russia to Increase Tax Burden on Domestic Fishing Industry


Oct 18 - White Shrimp Prices Drop in Some China Regions Due to Market, Environmental Factors


Oct 17 - Captain D’s Franchisee Opens Second Restaurant In Less Than 60 Days


Oct 12 - Trader Joe’s Stops Buying Mexican Shrimp as Part of Effort To Save Vaquita Porpoise From Extinction


Oct 12 - Wenzhou City Seafood Import Volume Grows, Primarily Due to Oysters


Oct 6 - Legend Holdings Attracts Much Attention While Making Inroads in Chinese Seafood Industry


Oct 3 - Texas Gulf Coast Fishing Industry Struggles After Hurricane Harvey


Oct 2 - Tru Shrimp Building Largest Shrimp Facility in the World in Minnesota


Oct 2 - MSC Grants First Chain of Custody Certification to Cruise Ship Company Tallink Silja


Sep 29 - CPF Institutes '3 Cleaning Approach' in its Thai Shrimp Farms- Clean Ponds, Clean Water, Clean Stock


Sep 28 - Guangzhou Airport Adopts New Inspection Platform to Speed Clearance for E-commerce Products


Sep 28 - Festivals Boost Chinese Shrimp Demand; Prices Expected to Rise


Sep 26 - Gulf Coast Shrimp Landings for August Released; Texas Numbers Maintain Average


Sep 25 - Guolian Plans to Raise Private Funding to Boost White Shrimp Production in China


Sep 25 - Shrimp Disease Outbreak in Fujian and Guangdong has Flooded Market, Lowering Prices


Sep 19 - Sysco Now Offering Sustainable and Artificial Additive-Free Wild Caught Shrimp


Sep 19 - US Lowers Indian Shrimp Duty Rates by 62%


Sep 13 - Red Lobster Has a "Secret Menu" During Their Endless Shrimp Promotion


Sep 11 - Florida Organic Aquaculture LLC Retains M&A Specialist, Equity Partners HG


Sep 6 - Red Lobster's 2017 Endless Shrimp Promotion Begins With 2 New Offerings


Sep 6 - Texas Oyster Production, and Shrimp, Will Take Long Time to Recover; 25% of Shrimp Fleet Damaged


Sep 6 - China Shrimp Prices Expected to Increase as Typhoon Hits Farms in China's Pearl River Delta


Aug 31 - Hurricane Harvey Takes its Toll on Seafood Industry


Aug 30 - Luke’s Lobster Giving Out Free Lobster Rolls to Push Lobster Emoji Petition


Aug 29 - Long John Silver’s Adds New Butterfly Shrimp Dish to Menu for Limited Time


Aug 28 - Amid Changing Coldwater Shrimp Market, Oregon Fishermen Seek to Renegotiate Prices


Aug 25 - Brunei Blue Shrimp Sold Exclusively on Alibaba's T-Mall Platform Under New Agreement


Aug 23 - Apex Frozen Foods IPO Opens for Subscription


Aug 23 - Cargill Patents Special Shrimp Feed to Fight EMS


Aug 16 - Calysta Trial Reveals FeedKind Protein Could Replace Fishmeal in Shrimp Feed


Aug 16 - Cargill Survey Reveals U.S. Consumers are Willing To Spend Extra for Sustainable Seafood


Aug 16 - Prices Drop as Sick Shrimp in China Flood the Market Again -- Except in Guangxi


Aug 15 - Trū Shrimp Company, Schwan’s Company Enter into Partnership to Provide Safe, Natural Shrimp


Aug 14 - Added-value Seafood Products Will be the Rising Star of Guolian


Aug 14 - Guolian Supports E-commerce Companies to Find Solutions to Online Seafood Sales Problems


Aug 8 - Weaker US Dollar Roiling Seafood Imports, Putting Pressure on Lobster, Crab and Shrimp Producers


Aug 7 - Guangxi Shrimp Farmers Lose Confidence After Roller Coaster Ride of Weather


Aug 4 - Clearwater Seafoods Releases 2nd Quarter Results


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Maine Shrimp Fishery May Never Rebound

SEAFOODNEWS.COM [Seafood News] - December 8, 2017

Declining stocks related to warming ocean waters has closed Maine’s commercial northern shrimp fishery for a fifth year – and maybe forever.

According to Free Press Online, colder winters, and in return colder water, is needed to help the shrimp stocks recover. However, government data suggests that the cold water that shrimp need to thrive might not return anytime soon. NASA research found that the Gulf of Maine is “warming faster than any other ocean are in the globe ...

 

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Coldwater Shrimp Market May be Tight in Early 2018

SEAFOODNEWS.COM [Undercurrent News] by Neil Ramsden - December 7, 2017

With west Atlantic coldwater shrimp catches declining, and supply seemingly growing through China's increased interest in the product, signs point to a tighter market than ever early in 2018.

Sources said that Christmas sales of shrimp at retail seem to be moving more healthily than at this point in 2016; orders are up slightly year-on-year, and retailers have apparently purchased more, and earlier, to ensure they do not sell out ...

 

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Red Lobster Launches New, Smaller Tasting Plates and Globally-Inspired Entrées

SEAFOODNEWS.COM [Seafood News] - December 5, 2017

Small things come with big flavor at Red Lobster. The fast-casual dining chain announced on Monday that they have launched a new menu featuring “Tasting Plates” and “Globally-Inspired” entrées.

“Red Lobster is known as a destination for special occasions and for our seafood events – like Lobsterfest and Endless Shrimp – and we want our guests to continue to come to us for those,” said Red Lobster President, Salli Setta ...

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Vietnam Overcomes Challenges to Grow Shrimp Export Volume to South Korea

SEAFOODNEWS.COM [Shuichan] translated by Amy Zhong - December 4, 2017

Vietnam’s shrimp exports to South Korea has been increasing satisfactorily, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). Its export value has increased 29.8 percent to reach US $243.2 million through Sept. 15 from the same period last year.

Now South Korea has risen to be the fifth-largest importer of Vietnamese shrimp, following only the ...

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Ending Yet to be Written for Hema Fresh's Fairy Tale Rise in China

SEAFOODNEWS.COM [Winshang and Fishfirst] translated by Amy Zhong - November 30, 2017

Hema Fresh is like a child born with silver spoon. With support from Alibaba, it has successfully seized great public attention and set a daunting standard for rivals. And its recent reports seem to show the public that it has lived up to their expectation. The annual revenue is 25 million yuan (~$3.8 million USD) in its Jinqiao store of Shanghai. The revenue per unit of store areas is 56,000 yuan, way higher than the industry average of ...

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JD Fresh Moves 20,000 Tons of Fresh Food, Garnering Huge Success on Singles' Day

SEAFOODNEWS.COM [CB.com] translated by Amy Zhong - November 17, 2017

JD Fresh is the first e-commerce platform for fresh food in China. It achieved great success during the Singles' Day online shopping festival on November 11. In total, it sold 40,000,000 jin (20,000 tons) of fresh food. And the number of its PLUS consumers skyrocketed 400 percent compared with last year, while its female customers have grown by almost three times. The sales through 1:55 a.m. of this Singles’ Day exceeded the total sales of ...

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CAPMA Says 1.6 Million Tons of Seafood Imported Illegally Into China at China Fisheries Show Seminar

SEAFOODNEWS.COM [Undercurrent News] by Tom Seaman  Nov 10, 2017

QINGDAO, China -- China’s total seafood imports were around 5.6 million metric tons in 2016, said the top executive with the China Aquatic Products Processing and Marketing Alliance (CAPPMA).

Speaking during the Sustainable Seafood Forum, held on Oct. 31, the day before the China Fisheries & Seafood Expo, Cui He, the head of CAPPMA, said around 1.6m of this is smuggled into the country, not legally imported.

 Around 1m metric tons comes through Vietnam, he said. It’s an open secret in the seafood sector that seafood is shipped to Haiphong, a port in the north of Vietnam, then smuggled across the Chinese border, to avoid import duties and sales tax. Also, seafood is smuggled into China via Hong Kong.

According to Cui, new routes are opening up, such as shrimp from India being smuggled into China via the border with the country’s Xinjiang Uyghur Autonomous Region, in the northwest...

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Ecuador's Songa Investing Further for China Shrimp Market, Says Shortages of Large Shrimp Over

songa shrimp to chinaSEAFOODNEWS.COM [Fishfirst] Translated by Amy Zhong  Nov. 7, 2017

An increase of production capacity helps alleviate the shortage of large white shrimps from Ecuador.

Thanks to favorable climate, Ecuador is able to raise white shrimps renowned for tight meat and delicious taste. They are widely received among Chinese consumers. As the statistics show, over 50% of Ecuador’s white shrimps are exported to Asia this year, while most are sold to China.

There is some shortage of such shrimps within this first half year because of frequent heavy rainfall in Ecuador. Farmers have to sell out shrimps smaller than expected. 

Songa is the largest shrimp exporter to China and South Korea. According to Miguel Cucalon, its commercial manager...

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September 2017 Shrimp Imports Increase, YTD Imports Higher Through Q3

SEAFOODNEWS.COM by Paul Brown, Jr. - November 3, 2017

September shrimp imports were just released and indicate a 14% increase for the month, leaving YTD imports 9.6% higher through Q3. The aggregated value of total shrimp imports in September was $4.40 versus a year ago at $4.18; a 5.3% increase. Shrimp imports typically peak next month; October.

Indian shrimp imports were up 25.2% pushing their YTD imports 42.1% higher! Indonesian imports were significantly higher in September but remain lower YTD...

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Trū Shrimp Building Hatchery in Luverne, Minnesota, After Engineering Breakthrough

SEAFOODNEWS.COM [Seafood News] by Amanda Buckle - November 1, 2017

The trū Shrimp Company announced on Wednesday that they will be building their first hatchery in Luverne, Minnesota. The company, an affiliate of Ralco, will be sharing the 60-acre campus with the Luverne Bay Harbor shrimp production facility after an engineering breakthrough.

According to trū Shrimp CEO Michael Ziebell, the company had bio-security concerns about the hatchery being close to ...

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Weihai City In Shandong Provice Exports First White Shrimp to Canada; Prices Elsewhere Fluctuate

SEAFOODNEWS.COM [Shuichan and SD] translated by Amy Zhong - October 26, 2017

Weihai city of Shandong province exports farmed white shrimps to Canada for the first time.

Recently a company in Weihai city has exported a batch of frozen, headless, shell-on (HLSO) white shrimp to Canada. They are said to weigh 15.4 tons and this is the first time that Shandong province has sold locally farmed white shrimp to Canada. With the help of Weihai inspection and quarantine bureau, three local aquaculture facilities of white shrimp are ...

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Russia to Increase Tax Burden on Domestic Fishing Industry

SEAFOODNEWS.COM [Seafood News] by Eugene Gerden - October 23, 2017

Prior to presidential elections in Russia, scheduled for March 2018, and the ever growing budget deficit, the Russian government has decided to significantly increase tax burden on the domestic fishing industry. The government increased the taxes on catch of the majority of fish species by almost 10 percent, according to the press-service of the Russian Presidential Administration.

The increase of tax rates will mainly result in the introduction of amendments to the Russian tax code. According to the code, ...

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Captain D’s Franchisee Opens Second Restaurant In Less Than 60 Days

SEAFOODNEWS.COM [Seafood News] - October 17, 2017

Captain D’s, a leading fast casual seafood restaurant, announced recently the opening of its newest franchised location in Horn Lake, Mississippi. Owned and operated by Joe Springer, operating partner of SonFish, LLC, this new restaurant is Springer’s second Captain D’s restaurant to open in less than two months.

The new Horn Lake Captain D’s marks the brand’s 28th location in the state and emphasizes Captain D’s continued development in Mississippi and throughout the Southeast.

With more than 15 years ...

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Wenzhou City Seafood Import Volume Grows, Primarily Due to Oysters

SEAFOODNEWS.COM [ZJ News] translated by Amy Zhong - October 12, 2017

Wenzhou people eat 5,000 imported oysters every day. At the same time, the city’s seafood import volume grew by 15 times in the third quarter from the same period last year.

One Wenzhou trading company, Haowoga, imported 320 kg of oysters from the Netherlands on Sept. 29. All these oysters were sold out within one day. The situation was similar with the 432 kg of oysters it had imported earlier. Haowoga imports two batches of live seafood like oysters from the Netherlands every week, ...

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Texas Gulf Coast Fishing Industry Struggles After Hurricane Harvey

SEAFOODNEWS.COM [Houston Chronicle] by Ileana Najarro - October 3, 2017

Victoria Vo watched her father's calloused hands twist honeycombed wire into a commercial crab trap.

The Houston Chronicle reports with each strain of the pliers, Cong Tu Huynh's American tale grew fresh in her mind.

How he left Vietnam at 18, seeing no future for himself in a Communist state. How he boarded a boat full of refugees bound for the U.S. How his boat survived the journey across the Atlantic and four others did not. How he spent the next four decades on the water, providing for his family by ...

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MSC Grants First Chain of Custody Certification to Cruise Ship Company Tallink Silja

SEAFOODNEWS.COM [Seafood News] by Amanda Buckle - October 2, 2017

You can now get Marine Stewardship Council (MSC) certified seafood on the open waters. Five Tallink Silja cruise ships have become the world’s first cruise ships to obtain the MSC Chain of Custody certification for the shrimp and herring that they serve onboard.

“Tallink Silja strives to source sustainably and to guide its customers towards ...

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Dan Herring Joins Suram Trading Corp as VP of National Accounts

SEAFOODNEWS.COM [Seafood News] by Amanda Buckle - December 7, 2017

Dan Herring is back at Suram Trading Corp.

The seafood vet, who has over 30 years in the experience in the seafood industry, began his career in sales at Suram Trading Corp. Now he’s returned to take over as Vice President of National Accounts.

Herring was at Suram Trading for five years before departing in 1998 to join Congara Foods’ sales team. He then moved on to Pescanova-Ladex, where ...

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Shrimp Imports Continue to Accelerate, Driven by Retail Demand

SEAFOODNEWS.COM  by John Sackton - December 5, 2017

The latest shrimp import figures show that shrimp demand in the US is continuing to accelerate, particularly in retail categories.

Through the end of October, 2017, total US shrimp imports now stand at a record 1.19 billion pounds, compared to the year ago figure of 1.08 billion lbs.  This is a 10.4% increase.

Peeled raw shrimp continues to dominate, with India accounting for around 50% of all peeled raw imports.

Total peeled imports were 508 million lbs., compared to 439 million the prior year.  India accounted for 230 million lbs. or 49%...

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West Coast Pink Shrimp Season Ends at 32 Mln Pounds, a Disappointment as Volume and Value Cut 50%

SEAFOODNEWS.COM [Seafood News] by Susan Chambers - December 1, 2017

Chalk up the 2017 West Coast pink shrimp season to a really odd year.

When the season opened in April, the market was terrible, processors said.

"Nobody wanted shrimp, nobody wanted to talk about shrimp," Hallmark Fisheries Manager Scott Adams said.

But as the year went on, the market improved. European buyers started looking for ...

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SeaPak Begins Holiday Marketing Efforts For Stress-Free Entertaining

SEAFOODNEWS.COM [Seafood News] - November 29, 2017

Frozen seafood brand SeaPak is anticipating a spike in sales as the holiday season approaches.

“We’re focused on driving shoppers – especially those who want quick-and-easy options that are poised and ready to impress guests, as well as those who are experienced entertainers looking for new flavors and restaurant-style offerings – to the frozen food aisle to solve their seasonal needs,” SeaPak marketing manager Leslie Harris Thomas said ...

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EU Importers Already Shifting Away from Indian Shrimp Prior to EU Inspection Visit

SEAFOODNEWS.COM by John Sackton November 15, 2017

Indian Seafood Exporters are concerned that the upcoming visit by an EU inspection team might lead to a ban on Indian Seafood Exports to the EU.

In 2016, the EU increased the frequency of inspections from 10% to 50% of shrimp shipments from India.

A review of EU rejections shows that between January of 2016 and November of 2017, a total of 22 cross border shipments were rejected.  Of these 15 were due to Nitrofurans, and 2 were for Chloramphenicol. 

The others were for poor temperature control, and salmonella, which the EU deems ‘not serious’.

The pace of rejections for nitrofurans has worsened in 2017.  In 2016 there were 3 rejections, while in 2017 there were 12, the latest being 2 rejections in September of 2017.

The British Frozen Food Federation said in a letter to the Commerce and Industry Minister in August that indications they were receiving from the commission is that the steps taken so far were not enough.

More recently, some British importers report that ...

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Goulian’s Sales Rise in Both Chinese and Foreign Markets, Fueled by E-commerce Business

SEAFOODNEWS.COM [Jingji] translated by Amy Zhong - November 8, 2017

Goulian released its quarterly report recently. As the report shows, its revenue reachee 3.014 billion yuan (~$454.6 million USD) within the first three quarters this year, which increased by 62.66 percent from the same period last year. And its net profit attributable to shareholders skyrocketed by 78.46 percent to 112 million yuan (~$17 million USD). This achievement resulted from rapid growth of its business at home and abroad as well as its continual efforts in developing e-commerce platforms.

China is set to ...

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Thai Union 3rd Qtr Highlights Shift from US Market, Lobster Sales to China, and High Skipjack Prices

SEAFOODNEWS.COM  by John Sackton  Nov. 6 2017

As the Thai Union Group is now one of the largest and most influential global seafood companies, the quarterly management discussion released as part of their financial reporting documents important trends for both the company, and the seafood industry as a whole.

In the 3rd quarter, gross profit fell 5.6% year over year due to a 40% increase in the raw material price of skipjack tuna, compared to the 3rd quarter of 2016.  Overall sales grew to a record 35.885 billion Thai Bhat, and ...

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August Sees Increase in Shrimp Exports from Vietnam

SEAFOODNEWS.COM [Shuichan] translated by Amy Zhong - November 3, 2017

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the country’s shrimp export value has rebounded and ballooned by 21.3 percent to reach USD $2.3 billion this August compared with last year. Greater demand is the main factor for driving up the export ...

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Mexico Reportedly Suspends Honduran Shrimp Exports Due to Yellow Head Disease

SEAFOODNEWS.COM [Seafood News] - October 27, 2017

Honduran shrimp exports to Mexico have been suspended. The Mexican government reportedly suspended imports from the country due to the alleged presence of yellow head disease, a viral infection that can be contagious and wipe out an entire shrimp farm. The suspension is a big blow to Honduras, who counts on Mexico for 25% of their total exports ...

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EU Increases Vietnam Shrimp Imports After Standstill in June and July

SEAFOODNEWS.COM [Vietnam News Summary] - October 25, 2017

Shrimp exports to the European Union (EU) increased constantly in August and September, making it the biggest consumer of the Vietnamese product, according to the Vietnam Association of Seafood Exporters and Producers (Vasep).

Vasep has reported that shrimp exports to the market in June and July came to a standstill due to supply shortage and price hikes, while EU businesses reduced their shrimp imports. However, since August, exports to the EU have been restored with increased supply from ...

 

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White Shrimp Prices Drop in Some China Regions Due to Market, Environmental Factors

SEAFOODNEWS.COM [Shuichan] translated by Amy Zhong - October 18, 2017

White shrimp prices have dropped as much as 3 yuan/jin (~$0.90/kg USD) in some regions of China due to the end of holiday consumption and sudden heavy rainfall.

White shrimp farm gate prices declined in several regions of China after National Day and the Mid-Autumn Festival when there is a natural reduction in consumption. According to available statistics, the prices have contracted between 1 to 3 yuan/jin in regions such as the Pearl River Delta (PRD) region, ...

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Trader Joe’s Stops Buying Mexican Shrimp as Part of Effort To Save Vaquita Porpoise From Extinction

SEAFOODNEWS.COM [Seafood News] by Amanda Buckle - Octobe 12, 2017

Popular grocery chain Trader Joe’s has confirmed that they will no longer be buying shrimp from Mexico. Matt Sloan, Trader Joe’s VP of Marketing – Product, explained in a letter that the decision comes from concerns about the threat to the vaquita porpoise.

 “We are cognizant of and concerned about threats to the survival of the vaquita,” said Sloan ...

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Legend Holdings Attracts Much Attention While Making Inroads in Chinese Seafood Industry

SEAFOODNEWS.COM [Fishfirst] translated by Amy Zhong - October 6, 2017

On the afternoon of Sept. 20, Joyvio, a subsidiary of Legend Holdings, hosted a press conference with Qingdao Starfish in Beijing to announce its strategic investment in that company. This is another big Legend Holdings move developing in seafood industry. The company's development plan began in April 2016 with the group’s announcement it was founding KB Foods with the family-owned Kailis Bros. And Joyvio announced in May that it intended to buy Starfish shares and become the company’s controlling shareholder. This signals Legend's first ...

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Tru Shrimp Building Largest Shrimp Facility in the World in Minnesota 
SEAFOODNEWS.COM [CBS 2 Minnesota]  John Lauritsen - October 1, 2017

BALATON, Minn. (WCCO) — We could soon see a shrimp invasion in the walleye state.

Minnesota-based Tru Shrimp, a division of Ralco, is building one of the largest shrimp facilities in the world.

Balaton is a town of about 600, where neighbors know each other, and routine is revered.

But behind the doors of the old school, a new phenomenon is rising to the surface — one that even Forrest Gump himself would be proud of.

“When you mention that you are working on shrimp, they go what? It always brings a smile,” said Michael Ziebell, CEO of Tru Shrimp.

What they are doing is bringing a first-of-its-kind ...

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