TWELVE of the world's biggest seafood catchers and processors producing $5 billion in fish sales a year are getting set to trade over the Internet in an alliance with the Gofish. com web site.

FNI is told: "Members of SeafoodAlliance have reached an understanding with Gofish. com to serve as its Internet and business-to-business partner. The letter of intent, signed today (October 30), is expected to provide seafood industry companies with significant efficiencies and cost-savings."

E-marketplace consultant Terrapin Partners, LLC concluded an investigation in August on behalf of SeafoodAlliance which found that ecommerce can be "the primary enabler of significant opportunities for all in the seafood industry."

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