Showing posts with label Maruha Nichiro. Show all posts
Showing posts with label Maruha Nichiro. Show all posts

Monday, March 24, 2025

A name change for Maruha Nichiro

Japanese seafood titan Maruha Nichiro is changing its name to Umios.

In Japanese, the word "umi" means "sea."

Maruha Nichiro explains its name change in this notice.

The company is a major player in Alaska. The Westward Seafoods processing plant at Dutch Harbor is a Maruha Nichiro subsidiary.

Tuesday, February 1, 2022

Icicle sell-off

Today brings word of a big and complex business deal.

As best we can tell, Icicle Seafoods is selling the Dutch Harbor processing ship Northern Victor, nine fishing vessels, and associated Bering Sea pollock quota.

The buyers include Japanese seafood giant Maruha Nichiro and two Alaska community development quota companies — Coastal Villages Region Fund and Norton Sound Economic Development Corp.

More details in this press release.

Tuesday, January 5, 2021

Peter Pan sale closes

A new ownership group has acquired processor Peter Pan from Japanese seafood titan Maruha Nichiro.

Here's the press release.

Sunday, November 1, 2020

Sale of Peter Pan Seafoods announced

Details in this notice from Peter Pan's parent company, Maruha Nichiro.

Sunday, January 10, 2010

Peter Pan's $4 million problem

Federal authorities are pursuing a nearly $4.5 million civil penalty against Peter Pan Seafoods Inc., a Seattle-based subsidiary of Japanese seafood giant Maruha Nichiro.

Peter Pan is accused of processing more Bering Sea king and snow crab than allowed under the American Fisheries Act of 1998.

From January 2004 to March 2005, Peter Pan and the processing ship Stellar Sea processed almost 4.2 million pounds of crab in excess of Peter Pan's limit or cap, says a notice of violation the National Oceanic and Atmospheric Administration issued in June.

Deckboss obtained a copy of the notice through a Freedom of Information Act request.

NOAA levied a penalty of $4,457,048, but the fine may be appealed or negotiated.

Garland Walker, a NOAA attorney in Juneau, says the case remains unresolved.

The key basis for the penalty is NOAA's determination that Peter Pan and another accused company, Seven Seas Fishing Co., were so closely aligned in their business relationship that they count as one company for purposes of the crab cap.

A Seven Seas subsidiary, Stellar Seafoods Inc., chartered the 314-foot processing ship Stellar Sea, the federal notice says.

This isn't the first time we've seen a multimillion-dollar fine assessed against a processing company for an alleged overage on its crab cap.

In November 2004, NOAA hit Icicle Seafoods Inc. and two associated companies, including Adak Fisheries, with a $3.4 million penalty.

In the Icicle case, NOAA issued a press release announcing the penalty. No press release was issued in the Peter Pan case.

If the Icicle case is any indication — it's still under appeal after five years — we probably need not look for a speedy resolution of the Peter Pan matter.

The Brig
For more news of recent fisheries enforcement actions, visit our companion blog.