On the back of stronger catches and limited demand at the close of 2017, the Bangkok skipjack price has slumped again as the New Year starts. There is a general bearish mood in the market....
ALL ATUNA NEWS
Seiner Helicopter Makes Unexpected Rescue During Tuna Search
Helicopter pilot, Isaac Harrison, flew over the Western Pacific as he searched for schools of tuna, but the search soon turned into a rescue mission as he spotted a stranded family. The...
Finnish Imports Rebound, Thai Canners Biggest Winners
Finland’s canned tuna imports recovered in the first eight months of 2017, climbing back up after a 2016 slump. The biggest tonnages came from Thai and Mauritian processors, who year on year...
Settlement Reached In US Longline Human Trafficking Case
Two Indonesian fishermen have reached settlement on a lawsuit which was filed against the owner of a US tuna longliner, at an undisclosed sum. The men claimed to have escaped from the ship...
UK Millennials Drive Demand For MSC Tuna
The Marine Stewardship Council (MSC) has found British millennials are more likely to opt for sustainable seafood products compared to those over the age of 55. These products include canned...
Could EU FTA Lead To Massive Thai Seiner Fleet Expansion?
The EU has given signs Free Trade Agreement (FTA) talks with Thailand could be restarted, raising concerns over the increased competition it may bring to the EU tuna market. Some have...
IO Seiners Back Out, But For How Long?
Spanish and Seychelles flagged purse seiners operating in the Indian Ocean are back out fishing, after being tied up in port during the last weeks of 2017. Many of these seiners left port...
Raw Material Price Pressures Knock Princes Profit
The UK arm of Mitsubishi Corporation, Princes Limited, has recorded a heavy profit drop for the financial year ending March 31st 2017. It cites raw material price pressures, but also currency...
PNG To Regret Rebate Scheme For Local Processing?
Following PNG’s announcement to bring an end to its discounted fishing days, and instead financially reward tuna firms that process tuna on PNG soil, six tuna cannery operators on the island...
Dongwon’s Controversial Pacific Breeze Files For Bankruptcy
Dongwon Industries’ subsidiary firm, Pacific Breeze Fisheries LLC, has filed for bankruptcy in the US Bankruptcy Court for the District of Delaware, noting its total liabilities at USD 11.4...
IO SKJ Quota A Necessary Move, Majority Say
Expectations of the first ever skipjack catch limit for the Indian Ocean purse seine fleet have since been confirmed by the IOTC. Still, there have been questions around the necessity of this...
Strong South American Business Recovers Jealsa’s Sales
One of Spain’s largest tuna companies, Jealsa, is expecting to close its 2017 books with a turnover of EUR 600 million (USD 723 million), its President Jesús Manuel Alonso Escurís...
US Vessel Caught With “Paper Captain”
The US Coast Guard has allegedly found a foreign national working as the captain of a US flagged vessel in Hawaiian waters. After a 10-day long patrol and boarding six Hawaii longliners, which...
The Top 10 Tuna Stories Of 2017
At the close of an exciting year for the tuna business, packed with news and developments regarding every corner of the sector, a few topics are dominating the list of the most read stories of...
Jail Time Or Fines For Japan’s Quota Violators
The Japanese Fisheries Agency will go ahead with issuing penalties to Japanese bluefin tuna fishermen if they violate catch quotas, as part of new regulations coming into action in the new...
Hong Kong To Become Center Of TU’s Chinese Ambitions
As part of its ambition to more strongly target the Chinese market, Thai Union has established a wholly owned subsidiary in Hong Kong, focused on increasing sales of frozen, chilled and...
PNA Clashes With Fishing States On WCPFC Decisions
The PNA has noted mixed opinions on the outcomes of the recent WCPFC annual meeting, which took place in December 2017, and says the most disappointing result is the revision of the tropical...
TU: All Suppliers Must Sign New Vessel Code Of Conduct
Thai Union will now require all vessels it sources from, including a large number of tuna boats, to live up to the standards of a new Vessel Code of Conduct (VCoC) and implement a Vessel...
StarKist’s Environmental Fine Increased To USD 6.5 Million
StarKist will now face a revised USD 6.5 million fine for its alleged federal environmental violations at its tuna processing plant in American Samoa. In addition to its previously agreed...
US Retailer Catches Up On “Complex” Canned Tuna Sourcing
US retail chain, Hy-Vee, has announced that all of its private label shelf-stable tuna products are now responsibly sourced, seeing this “complex” segment catch up with other seafood lines...
