The London Court of Appeal granted permission to Abu Dhabi-based shipbuilder Privinvest and the heirs of late owner Iskandar Safa to appeal Mozambique’s victory in a lawsuit over the decade-old tuna bond scandal, the company’s lawyer confirmed on Tuesday. But a date for the appeal has yet to be set. Last December, the London High Court refused to allow Privinvest to appeal the court ruling in the Mozambique lawsuit, and the company was asked to pay millions of dollars in reparations to the African nation. The Court has now allowed an appeal following a direct application and said “it had a real prospect of success”, reported the Club of Mozambique.

The latest news from the tuna bond scandal was that two top executives, who worked in the UK financial sector, were imposed professional bans in March after their alleged roles in the scandal came to light. Both were charged with money laundering and taking unlawful payments.

The Ecuadorian government is hosting the fifth meeting of the Parties to the Port State Measures Agreement (PSMA) in Manta from April 21 to 25. Some of the key issues that would be discussed during the ongoing week-long event include reviewing the implementation and effectiveness of the Agreement and ways to monitor it. Participants, who are government officials and NGO members, would look into the ‘Bali Strategy.’ This is a set of priorities and actions introduced to support the implementation of PSMA, adopted at the Second PSMA Meeting held in Bali in 2019. The attendees would identify ways to keep “vessels suspected of engaging in IUU fishing away from ports,” read an FAO statement.

The PSMA, a global treaty aimed at combating IUU fishing by establishing international standards, was adopted by the FAO in 2009 and entered into force in 2016. Its main intention is to monitor and inspect foreign fishing vessels involved in IUU fishing and deny their entry into ports. Currently, over 68 countries, including the EU, have ratified the PSMA. The FAO shows 84 nations are listed as participants. The meeting is co-funded by the EU and Korea.

Korean tuna company Dongwon and Park Dong-won, a player from the Seoul-based baseball team LG Twins, are coming together for a good cause. The baseball star will donate KRW 300,000 (USD 211.66) per home run, whereas Dongwon F&B will give KRW 1 million (USD 705.64) worth of tuna products to underprivileged children through local NGOs. Dong-won and Dongwon will sign the deal today ahead of an LG Twins match.

The player, lovingly called “tuna” among his friends and fellow teammates, due to him sharing a name with the Dongwon brand, said he has “a special affection for his nickname that he designed his player uniform with the concept of ‘Tuna’ in 2024,” read a statement from LG Korea. Dongwon F&B and LG Twins have an array of plans lined out for this year. Dong-won said: “The fact that my home run can help someone as well as the team win is a great motivation.”