Industry News

3 June, 2021

EXPECT TO SHELL OUT MORE ON CRAB MEAT: BLUE CRAB POPULATION DOWN 30% IN 2021

The Chesapeake Bay blue crab is down 30 percent this year according to an annual survey. The 2021 Blue Crab Winter Dredge Survey, conducted by the Maryland Department of Natural Resources and Virginia Institute of Marine Science, estimates that there are 282 million blue crabs in the bay, down from 405 million in 2020.
20 May, 2021

ALASKA SEAFOOD PROCESSORS EXPECT TO SPEND MORE THIS YEAR ON PANDEMIC-RELATED COSTS

Alaska’s seafood industry has a lot of moving parts. There are the fishermen, the processors and the market, plus all of the fish. By all accounts, the pandemic has hit the processors hard. A recent survey found that they spent about $70 million on COVID-19 mitigation measures and other pandemic-related costs in 2020. This year, that total is expected to be even more: Over $100 million.
29 April, 2021

SEAFOOD EXPO ON ICE AGAIN

The organizers of the giant Seafood Expo North America in Boston have cancelled the international seafood trade show for the second consecutive year due to COVID-19 pandemic concerns. "Diversified Communications has reluctantly determined it would be impossible to hold an event in Boston this July,” the Portland, Maine-based company said in announcing the cancellation.
22 April, 2021

JAPANESE SEAFOOD INDUSTRY CONFRONTING LIMITS OF WILD-CATCH FISHERIES

The nonprofit financial think tank Planet Tracker has released a study asserting that Japanese companies highly exposed to seafood are beginning to suffer constraints from the country’s overfished resources and that their valuations over the last decade have declined as a result.
8 April, 2021

HOGAN WANTS MORE TEMPORARY VISAS ISSUED TO HELP MARYLAND SEAFOOD INDUSTRY

With the Maryland blue crab harvest underway, workers, including those from other countries, are needed to support the state’s seafood industry and seasonal employers. Gov. Larry Hogan is urging federal officials to make more H-2B Nonimmigrant Temporary Worker Program visas available.
25 March, 2021

NYC INDOOR DINING EXPANDS TO 50% CAPACITY: WHAT TO KNOW

Capacity for New York City restaurants will expand from 35 percent to 50 percent on Friday, the highest level it's been since the start of the pandemic. It comes several weeks after New York City eateries were allowed to welcome 25 percent, then 35 percent, of customers back inside in February for the first time since December, when an impending second wave of the virus prompted new lockdown measures.
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