Tuna Business Headlines
IN BRIEF
The US House of Representatives recently approved USD 500,000 for the newly started Office of Seafood, which could help tuna harvesters and processors to gain access to USDA programs, including loans and grants. The funds are part of the US Department of Agriculture’s (USDA) fiscal 2027 budget, to support the office operations.
In April, the US created a new USDA Office of Seafood, which will be responsible for providing leadership, expertise, management, and advice to the US Secretary of Agriculture, Brooke Rollins, on matters impacting tuna and other seafood industries. This latest move aligns with US President Donald Trump signed ‘Executive Order on Restoring American Seafood Competitiveness’ last April, putting primary focus on American-produced seafood in the US market, and relying less on imports. The bill now moves to the Senate for consideration, amendment, and a vote before it can proceed to become a law.
Libyan fishers are reporting one of the strongest bluefin seasons in years, buoyed by abundant catches of the high-value species known locally as ‘blue gold.’ Bluefin is a staple food for locals, and affordable prices have boosted consumer demand, enabling fishers to move catches quickly through local markets, according to new site Xinhua. Currently, the fish is sold at LYD 15 (USD 2.34) for a kilo, making it an economical option for many households compared with other meat products. As part of efforts to regulate the domestic market, Libya’s Ministry of Economy and Trade has temporarily banned all fish and seafood exports, since April, to stabilize prices and ensure adequate supplies for local consumers.
Bluefins usually migrate from the Atlantic Ocean to the Mediterranean through the Strait of Gribaltar around April and May. Libya, located on the southern coast of the Mediterranean Sea, usually has ample catches during this time of the year. Bluefin season is a key economic driver for the nation’s coastal communities, supporting fisheries, trade, and employment as the country continues its recovery from years of instability.
South Korea’s Dongwon F&B and pet food firm Indigo has partnered to introduce the product line ‘Pet Origin Daily Stick,’ in two flavors – Tuna and Tuna and Chicken Breast, with “100 percent human-grade tuna caught by Dongwon vessels,” according to the company. Made with fresh tuna (not byproduct) and backed by rigorous monthly catch-sorting and heavy-metal testing, the product emphasizes safety and quality while offering a low-sodium, soft-stick formulation designed for everyday feeding, reported news site Edaily. An Indigo spokesperson stated that the company is planning on expanding its premium product line to ensure a healthy diet for cats. The price of the 56 g pack was not revealed.
Dongwon Group has been in the pet food business since 1991 under its subsidiary Dongwon F& B, which markets pet food under the Nutriplan brand. The company produces a range of cat and dog foods, including wet and dry foods, treats, tuna protein sticks called Nutristicks, and others, which are also exported. Earlier this year, Atuna reported that the company’s pet food played a vital role in its 2025 upward sales.
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- More Than 5% (60%)
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Fishing & Sustainability
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Eyes On Asia
ONGOING DISCUSSIONS
- Lidl Bans Dolphin-Safe Logo On Tuna Products Wonder how much LIdl, German importers have paid Earth Island yearly over the…
- Bangkok Meeting Puts Spotlight On WCPO Tuna Crews everybody who knows the tuna sector knows how these tuna crew welfare problems…
- Frabelle Denies RNZ’s Accusation Over Illegal Dolphin Catch By Tuna Seiner The vessel is MSC-certified, which means 100& observer coverage and audits and easy…
- Frabelle Denies RNZ’s Accusation Over Illegal Dolphin Catch By Tuna Seiner wonder what EII reaction will be
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