Seafood industry braces for losses of jobs, fish due to sanctions

  • 📰 dothaneagle
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 59%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

U.S. consumers are most likely to notice the impact of sanctions via price and availability of fish. Here's what to expect.

PORTLAND, Maine — The worldwide seafood industry is steeling itself for price hikes, supply disruptions and potential job losses as new rounds of economic sanctions on Russia make key species such as cod and crab harder to come by.

People are also reading… "If you're getting cod from Russia, it's going to be a problem," said Glen Libby, an owner of Port Clyde Fresh Catch, a seafood market in Tenants Harbor, Maine."That's quite a mess. We'll see how it turns out." Andrew Crook, head of the National Federation of Fish Friers, said earlier this month that — even before the war — he expected a third of Britain's fish and chip shops to go out of business. If fish prices shoot up even higher,"we are in real dire straits," he said.

"Because seafood is a global commodity, even if they are not harvested in Russia, you will notice the price hike," Tokunaga said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 337. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Seafood Industry Braces for Losses of Jobs, Fish Due to Sanctions on RussiaThe global seafood industry is preparing for disruption due to new sanctions on Russia. Got seafood last week. Lobster
Source: nbcsandiego - 🏆 524. / 51 Read more »

World’s seafood industry braces for big disruptions due to sanctions on RussiaThe worldwide seafood industry is steeling itself for price hikes, supply disruptions and potential job losses as new rounds of economic sanctions on Russia make key species such as cod and crab harder to come by.
Source: adndotcom - 🏆 293. / 63 Read more »