The fishing reduction measure initiated by WTPO members appears to be having the desired effect, as the organization’s Chairman explains that supply is down significantly and as a result of...
Fishing
How American Is The ISSF?
On numerous occasions by several parties, the International Seafood Sustainability Foundation (ISSF) has been made out to be closely associated with and working in the interest of the US tuna...
Top 10% Account For 38% Of Total Revenues
In a situation of concentration at the top, a solid amount of global seafood revenues are in the hands of just 10 percent of the industry’s firms. While some find that having so much power...
Thai Anti-IUU Drive: 3,000 Vessels Affected
With a registration deadline fast approaching, a surge of Thai fishing vessels could soon face illegal status as part of a strict government crackdown on unregulated boats. Owners of around...
US Boats Getting Small Developing Island Status?
Feeling the impact of what it describes as increasingly restricted catch limits on US purse seiner and longline vessels in the WCPO, the Western Pacific Fishery Management Council (WPFMC), has...
Fishing For Likes: The Fishermen Of Instagram
Fishing can often be seen by some of the public as adull activity requiring endless patience; however, young fishermen are taking to the photo-sharing platform Instagram to dispel myths about...
Sluggish Sales Keep Raw Mat Prices Down
Frozen raw material prices in Japan are stable, as sluggish sales due to poor quality keep the market down. Foreign vessel owners supplying bigeye and yellowfin to Tsukiji, Japan, are facing...
Restructuring Sends Yields On Tuna Bonds Up
With the government seeking to restructure the pay-back of a multi-million dollar loan, the risk on bonds in Mozambique’s tuna fishing company, Ematum, has increased, sending yields to...
Dramatic Growth Bigeye Bycatch On High Seas
A dramatic growth in the number of reported bigeye catches in specific high seas areas are causing serious concern to the PNA nations. For seiner operators in the region, however, the concern...
Spanish Industry Unites In Call For Level Playing Field
Canners and seiner operators in Spain have united in a request for a “level playing field”, urging the European Commission to ensure fair competition in the EU. These two Spanish tuna sectors...
PNG Restructures NFA To Deal With IUU Violations
A recent review has found deficiencies in the monitoring, control and surveillance (MCS) compliance unit of the PNG National Fisheries Authority (NFA). While the NFA states that it has...
Not Enough Catch To Pay Interest On USD 850 Million, Restructuring Required
Following the revelation that Mozambique’s state-owned tuna company, Ematum, was struggling to repay millions of dollars’ worth of debt, the government is now seeking to restructure the...
Kiribati Access Cut Causes Shortages For Samoan Canneries
Following drastic cuts to Kiribati EEZ fishing days under the South Pacific Tuna Treaty, American Samoa canneries are feeling the pain, reporting a significant reduction in raw material...
WWF: 12,000 Dolphins Die Yearly In IO Tuna Catch
Meeting their fate as the bycatch of gillnet fishing on tuna, a recent WWF Pakistan directed study reveals 12,000 dolphins are being killed every year in the Indian Ocean. The tuna catch from...
Cape Verde Fisheries Agreement Endorsed For 38 EU Tuna Vessels
Strengthening its presence in West African waters, the European Union has been given the green light on fisheries protocol with Cape Verde, allowing 71 European vessels, of which 38 are tuna...
Calls For Arrest Over $ 850m Tuna Boat Scandal
Claiming that the Ematum tuna boats loan represents 53 percent of Mozambique’s public debt to international financial markets, a senior figure in the opposition group Mozambique Democratic...
Bumble Bee Believes MSC Is Key To Securing Market Share
Bumble Bee is trying to get MSC’s stamp of approval on its Indonesian handline yellowfin tuna, as it believes that soon the US market is going to require the certification for all tuna...
IATTC Yearly Meeting Urged To Review Uncontrolled Fleet Capacity
IATTC negotiations come at a crucial time for the EPO, as the Commission sits next week for its 89th annual meeting in Guayaquil, Ecuador. Kicking off on Monday, the talks come in line with...
CFTO Gets New Seiner As It Rebuilds IO Fleet
Faced for several years by the threat of piracy attacks in the Indian Ocean, French tuna fishing operator, Compagnie Francaise du Thon Oceanique (CFTO), is working to rebuild its IO fleet and...
Marbelize Launches Track & Trace To Prove Sustainability
Ecuadorian tuna canner, Marbelize, is bringing a “track and trace” function to its customers, which it believes will build consumer trust and aid in combatting the effects of IUU fishing....