Manumatavai Tupou-Roosen has been appointed as the next Director General of the Pacific Islands Forum Fisheries Agency (FFA). The Tongan national, who is the first female to take the position,...
ALL ATUNA NEWS
Analysts Shave 30% Of TU Profit Predictions
Major Thai analyst firm, Bualuang Securities, has knocked nearly 30 percent off its previous 2018 full year net profit prediction for Thai Union, at a time when the leading Thai canner is also...
IN BRIEF: EU Discusses Sustainability In Yellow-Carded Liberia
A delegation from the European Union is in Liberia for a meeting to discuss sustainability issues and the yellow card the country was given in May 2017. The EU has also held technical...
30,000 Tons Of Farmed Bluefin To Hit Korean Market
As much as 30,000 M/T of farmed bluefin tuna is expected to be sold by South Korean farming company, Hongjin Fishing Association, later this year. The company says it has finally succeeded in...
Venezuela: Tuna From Staple Food To $80 A Can
Once a staple in Venezuelan households, canned tuna is now a luxury many Venezuelans cannot afford. Following the fourth adjustment of minimum wage this year, the South American country is now...
Spanish Gov. Wants Freeze on Loin Quota, Opposing Canners
The Ministry of Agriculture and Fisheries in Spain has announced that it plans to keep the current pre-cooked tuna loins quota the same at 25,000 tons. The government expects this measure to...
FCF Cut 200,000 M/T Over IUU & Labor Issues
Major Taiwanese fishing company has told reports it has reduced its tuna supply by 200,000 tons in an attempt to better focus on preventing illegal fishing and higher social accountability...
Alliance Optimistic Tuna Will Drive 2018 Profit
The Filipino canner Alliance Select, which recently had several executives indicted by the Philippine Department of Justice, is on track to post profits again this year with its tuna and...
Tesco Accused By Customers Of Under-Filling Sandwiches
A number of Tesco customers have taken to Twitter to express their dissatisfaction in the supermarket giant’s premade sandwiches. Customers posted photos depicting the scarcity of fillings in...
Japanese Vessel Fined $177,000 For Crew Exploitation
The Japanese fishing and processing firm Watarai Company will be made to pay over USD 177,000 after the Employment Relations Authority (ERA) believed workers had been “exploited” on board one...
Shanghai Kaichuang Takes Over Canadian Processor
Chinese tuna fishing company Shanghai Kaichuang (SK) has acquired a majority share of the Canadian seafood processor and exporter French Creek Seafood (FCS). The firm now has a 70 percent...
IN BRIEF: Two Assault Ecuadorian Factory Worker
Two individuals have been arrested after assaulting a person leaving a tuna factory in Ecuador. The perpetrators stole the worker’s cell phone and threatened to kill him but were soon detained...
Calvo’s Litigation Risk For EU Tariff “Discrepancies”
On announcing its full year 2017 financial results, Spanish tuna leader, Grupo Calvo also noted it is reserving EUR 12 million (USD 14 million) for potential litigation risks. The...
Vietnam To Set “Drastic” Measures To Address IUU
Vietnam will now employ “drastic solutions” in response to the European Commission’s warning on the nation’s IUU problem. An official from the Ministry of Agriculture and Rural Development...
Peak Bangkok SKJ Price Prediction During WCPO FAD Ban
With the use of FADs currently banned in both the WCPO EEZs and high seas, skipjack prices in Bangkok are expected by many to rise over the coming months, with less supply predicted to reach...
OPAGAC’s Proposal On EU Imports Divides Industry
The proposal from OPAGAC for all EU imports to meet the Spanish government APR standard has created discussion across the tuna sector and many opinions were expressed on the impact this could...
Why The WCPFC Hasn’t Joined Global FAD Talks
Although there is joint RFMO work ongoing regarding inconsistent definitions of FADs and FAD sets, the WCPFC has not joined meetings. The Commission’s Chair explains that so far no agreement...
BKK SKJ Price Discounted Further To Attract Demand
Although there was general expectation buyers in Bangkok would start purchasing bigger volumes of skipjack raw material, demand is scarce and the market price has dropped again. After...
IN BRIEF: Spanish Processors Network In NYC
Earlier this week, Spanish processing companies participated in the Summer Fancy Food Show held in New York. A number of firms attended and exhibited at the event...
Century Invests $30m To Expand GenSan Cannery
Philippine canned food company Century Pacific Food Corporation has released plans for its expansion, with completion set for 2019. A hefty PHP 1.5 to 1.8 billion (USD 28 - 33 million) is...
