After reaching a nose-bleed height of about $30.00/lb, on average, in May 2018, the wholesale price for a pound of jumbo lump has continued on a slow and steady descent Continue reading
Tag Archives: crab
As Russian Fishery gears up for crab auctions, SZRK to cancel new-builds to participate
‘We were ready to invest in the Russian shipbuilding industry, but now we should keep our money for auctions,’ says Sergei Nesvetov of SZRK Continue reading
As Champlain eyes more shellfish buyouts, Captain Dan’s boss coy on sale
'There have been discussions and we will continue to discuss. At this moment, Captain Dan’s is still owned by Norm LeBlanc, 100%' -- Normand LeBlanc
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California Dungeness crab settlement to cause ‘seismic shift’, help fuel price jump
'It’s a complete seismic shift in the way this fishery operates and it basically came overnight' -- Noah Oppenheim, Pacific Coast Federation of Fishermen’s Associations Continue reading
Newfoundland crab price euphoria to be followed by pain, wholesalers predict
'This is not going to be one of those movies where you leave the theater with a good feeling' -- a snow crab wholesaler on recent prices set for Newfoundland & Labrador Continue reading
US swimming crab imports saw minor volume, major value climb in 2018
'[W]hen you’ve got a lot of disposable income, luxury items start to go up. Crab is the most expensive item in the grocery store' -- Brice Phillips, Phillips Foods Continue reading
Not the Canadian snow crab cuts everyone was expecting
'Inshore harvesters [in Newfoundland's 3K crab fishing zone] are shocked because the stock was showing signs of improvement' -- Ryan Cleary, president, FISH-NL Continue reading
Newfoundland snow crab stock assessment mostly bad omen for 2019 TAC
'[Canada's Department of Fisheries and Oceans' science unit] is concerned about the stock health of the Newfoundland and Labrador snow crab' -- biologist Krista Baker Continue reading
China’s direct imports of crustaceans now worth billions
Booming imports of shrimp stood out amongst China’s top seafood imports of 2018, with 192,991 metric tons of shrimp worth $1.36 billion imported directly by the country last year Continue reading
Importance of Russian king crab grows as Alaska supplies tighten
If the Alaskan red king crab fishery is closed to fishing in 2019, it will remain closed for three years to allow the stocks to recover
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