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ANALYSIS: Improved Lobster Landings Meet Disciplined Buying Ahead of Summer

The Canadian spring lobster season is now fully underway, with all spring LFAs open and Nova Scotia’s LFA 33 and 34 scheduled to close this weekend. While some areas were scheduled to open earlier than usual, persistent weather issues throughout May limited landings and slowed the broader build in production.

Live demand is typically weak during the early spring period, particularly after Easter and before late-May holiday demand tied to Mother’s Day and Memorial Day. The market did see a modest uptick in activity around those calendar events...

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Bumble Bee Forced Labor Case Advances Despite Legal Setback for Indonesian Fishermen

A California federal court delivered a mixed ruling on May 27 in the human trafficking lawsuit against Bumble Bee Foods, granting part of the tuna company's request to reconsider an earlier decision while allowing the Indonesian fishermen's core claims to proceed.

Chief Judge Cynthia Bashant acknowledged that the court had mischaracterized a key Ninth Circuit precedent in her November 2025 ruling denying Bumble Bee's motion to dismiss. The court had incorrectly stated that the Ratha v. Phatthana Seafood case definitively "held" that trafficking...

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Captain D’s Expands Sustainable Sourcing With Wild‑Caught Alaska Fish Rollout

Captain D’s is expanding its commitment to sustainably sourced, U.S.-caught seafood while maintaining an accessible, value-focused price point.

The fast-casual seafood chain is rolling out Wild Caught Batter Dipped Fish from Alaska, battered fresh daily in restaurants. The item will appear across several core menu platforms, including the brand’s value-driven Full Meal Deals and signature platters.

“Our guests know Captain D’s for its great seafood, generous portions and incredible value,” said Phil Greifeld, CEO of Captain D’s. “This...

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Japan’s April Marine Products Exports Up 6% in Volume, Soared 37% in Value

According to trade statistics released by the Ministry of Finance and reported by The Minato Shimbun, April exports of marine products (fish and shellfish and their preparations, and fish meal) increased by 6% year-on-year (YOY) to 54,968 tons and by 37% to 41.138 billion yen ($258.28 million). Scallop exports decreased by 8% to 4,876 tons but increased by 8% to 8.471 billion yen ($53.18 million). Yellowtail exports increased by 26% to 3,502 tons and doubled to 9.751 billion...

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Chile Launches On-the-Ground Rollout of Artisanal Fishing Fuel Coupon

Chile’s Undersecretariat of Fisheries and Aquaculture (Subpesca) officially launched its new Artisanal Fishing Coupon program in Caleta La Vega, Calbuco, providing small-scale fishers with direct access to subsidized fuel.

The launch was led by Undersecretary of Fisheries Osvaldo Urrutia, accompanied by Los Lagos Region Economy Seremi Gisela Strauch and Subpesca zonal director Gustavo Castro. During the visit, local fishers tested the system by purchasing fuel on-site for their vessels and paying through their BancoEstado RUT accounts.

The coupon is an extraordinary government...

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Middle East Market Intelligence Brief: Week Ending May 29, 2026

Three months into the Iran war, the United States and Iran have reached a tentative framework to extend a ceasefire, reopen the Strait of Hormuz, and ease some US blockade measures, though the deal has not been approved by US President Donald Trump, reports Reuters.

The proposed agreement would create a 60-day window for broader negotiations after months of conflict disrupted global oil, LNG, and other commodity markets. Major unresolved issues include Iran’s nuclear program, sanctions relief, and security in the Strait of Hormuz.

The framework is seen as a temporary de-escalation measure aimed at stabilizing energy markets rather than...

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US Seafood Groups Demand Section 301 Investigation Into Unfair Trade Practices

Twenty-three American seafood organizations have formally asked US Trade Representative Ambassador Jamieson Greer to launch a comprehensive Section 301 investigation into unfair seafood trade practices, escalating industry pressure for trade enforcement against imports they say are decimating domestic producers.

The May 19 letter, signed by groups ranging from the Southern Shrimp Alliance to the Hawaii Longline Association, asks USTR to address a sweeping range of alleged violations, including dumping, subsidies, environmental harm, banned veterinary drugs, false labeling, prohibited fishing gear, structural excess capacity, and labor abuse...

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Pacific Heat Wave Triggers Closure of Large Area off California to Protect Loggerhead Sea Turtles

California’s swordfish drift gillnet fleet will need to stop fishing in a 25,000-square-mile area off California during June, July and August this summer to protect endangered loggerhead sea turtles.

“I am writing to request immediate closure of the Pacific Loggerhead Conservation Area to drift gillnets,” wrote Catherine Kilduff, Senior Attorney for the Center for Biological Diversity in her May 18 letter to Secretary of Commerce Howard Lutnick.

“The above-normal sea surface temperature anomalies in the Southern California Bight during the months...

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Starving Gray Whales Are Dying at an Alarming Rate in the Pacific Northwest

On Tuesday, the number of gray whales that have perished along Washington’s ocean coastline and in Puget Sound had reached 22. Yesterday the number rose to 23.

Researchers at the Cascadia Research Collective say the most recent one was found on the Olympic National Park shoreline. It’s the sixth stranding death recorded in May, significantly down from April’s staggering count of 17.

We haven’t been able to do a detailed exam on [the Olympic Peninsula whale] yet, so we don’t know too much about it...

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