BusinessPostCorner.com
No Result
View All Result
Sunday, July 12, 2026
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Stranded pollock prompt EU to delay fish import controls for US

July 12, 2026
in Finance
Reading Time: 3 mins read
A A
0
Stranded pollock prompt EU to delay fish import controls for US
ShareShareShareShareShare

Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

The EU extended a US exemption from new import controls for fish after a ship full of Alaskan pollock spent days stranded off the Dutch coast because its paperwork was rejected. 

The seafood industry has complained that the traceability system, which is designed to stop illegal catches entering the EU market, has left fish stuck in shipping containers since it was introduced for most countries in January.

The exemption came the day before the new system was to take effect on July 10. It has now been extended until November 30 after Washington approached the European Commission, according to people familiar with the matter.

“The Commission encourages the EU processing industry to work closely with its US suppliers of wild salmon and American lobster to ensure that, in future, they are able and willing to provide the data required for imports into the EU, in the same way as competitors in other non-EU countries,” the spokesperson said.

The issue risks inflaming transatlantic trade tensions just a week after the EU finally implemented tariff cuts as part of a deal last year to reduce Donald Trump’s “reciprocal” tariffs.

The US ambassador to the EU raised the problems with the Commission after the Dutch incident in May. The people said that the vessel could not upload the necessary traceability information required by the new system until US officials intervened to allow it to dock in IJmuiden

Another vessel was stuck in port with its cargo for several days. The two boats were carrying a combined total of 16,000 tonnes of seafood, mainly pollock and flatfish.

Alaska’s powerful fishing industry said recently that the “Catch” system was “creating a trade barrier equivalent to a ban on many Alaska seafood exports to the EU”.

“Some shipments would require several thousand data entries, imposing prohibitive costs on exporters and importers alike,” it added.

The EU currently recognises a US-approved legal harvest certificate. 

The US sent more than $1bn worth of wild seafood to the EU in 2025, including pollock, widely used as a replacement for endangered cod, salmon and lobster.

Canada, Norway, New Zealand, Iceland, the Faroe Islands and South Africa will also receive an exemption until November 30, according to one of the people.

About a fifth of global seafood catches are illegal or unreported, reaching between 11mn and 26mn tonnes annually, according to the EU Illegal Unreported and Unregulated Fishing Coalition of NGOs.

The EU began a crackdown on such fishing in 2010 and has temporarily banned seafood from six countries as a result.

Since Catch was introduced in January, the Commission has been forced to allow member states flexibility in implementation after fish cargoes mounted on quaysides, with warnings that shops could run out of stock.

Despite updates, there are still teething problems. Most supply chain information is still generated in paper form, and the final exporter then has to digitise it to upload it on the system.

“It was not sufficiently tested under real market conditions,” said Katarina Sipic, of Seafood Europe, which represents fish processors. “More than six months later, it remains not yet market-mature.”

Recommended

“We are now moving from one extension of temporary flexibility to another, which confirms that the underlying challenges are structural and systemic rather than a series of isolated technical issues to be resolved one by one.”

An EU expert report published last month and seen by the FT said that the system still had technical difficulties.

“Operators need a data dictionary, supported message formats, sample payloads, validation rules, error codes, access roles,” the part Commission-funded report found.

“Without these, Catch will depend on manual transcription and case-by-case interpretation, while digital traceability across the supply chain will not be feasible.”

Dutch customs and the US trade representative did not immediately respond to a request for comment.

Credit: Source link

ShareTweetSendPinShare
Previous Post

The US and Iran can’t agree on reopening Hormuz. The solution could be from the Old Testament

Next Post

How Aldi is taking on US supermarkets with its $4 almond butter

Next Post
How Aldi is taking on US supermarkets with its  almond butter

How Aldi is taking on US supermarkets with its $4 almond butter

How financial tracking helps identify high-impact property improvements

How financial tracking helps identify high-impact property improvements

July 8, 2026
Meet the former Goldman Sachs exec who became the America’s Cup Partnership’s first CEO

Meet the former Goldman Sachs exec who became the America’s Cup Partnership’s first CEO

July 7, 2026
AI-generated business expense reports: HR’s next headache

AI-generated business expense reports: HR’s next headache

July 8, 2026
Robinhood Chain Beats Hyperliquid DEX Volume in Week One

Robinhood Chain Beats Hyperliquid DEX Volume in Week One

July 10, 2026
EY leverages AI for tax automation

EY leverages AI for tax automation

July 6, 2026
U.S. military strikes Iran in response to attack on civilian vessel in Strait of Hormuz

U.S. military strikes Iran in response to attack on civilian vessel in Strait of Hormuz

July 11, 2026
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

This former U.S. soccer player built a  billion-a-year company, but he says resilience matters more than talent

This former U.S. soccer player built a $20 billion-a-year company, but he says resilience matters more than talent

July 12, 2026
Londoners face hidden poverty premium, study says

Londoners face hidden poverty premium, study says

July 12, 2026

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!