Inpesca held its second extraordinary meeting of shareholders yesterday to discuss the pre-bankruptcy of Atunlo. Without prior notice, Guillermo Arrien Zulueta, President of Inpesca and...
News
IOTC Allots Higher Yellowfin Catches For EU And Seychelles In 2024
The IOTC announced its tentative yellowfin catches for 2024 for all tuna fishing fleets in its convention area. The EU and Seychelles have been allotted higher quotas. The below table shows...
Global Food Prices Stabilize, Sunflower Oil Value Rises
On average, global food values remained stable in November but sunflower prices are rising while soy oil - both commodities used extensively in canned tuna - has continued decreasing in the...
Seychelles-Based Brikole Is Making Products From Discarded Purse Seine Nets
The Seychelles-based circular business Brikole is garnering attention in the global tuna industry for recycling worn-out purse seiner nets into garments, bags, and hammocks. Kyle de Bouter,...
Taiwanese Longliner Crew’s Narrow Escape At Sea After Mishap
A crew of the Taiwanese longliner ‘Shen Feng 12’ barely escaped an accident at sea on Tuesday when the boat collided with a bulk carrier in the Philippines' EEZ destroying two-thirds of its...
World Wise Foods Makes More Profit Despite Only Slight Rise In Sales
The solely pole-and-line tuna products trading company World Wise Foods doubled its net profit despite a barely increased turnover in its financial year from March 2022 to March 2023. In its...
Indonesian Ports Do Not Comply With PSMA Despite Ratification
Indonesia continues to fail in implementing the Port State Measures Agreement (PSMA) in all its fishing ports despite ratifying it in 2016. Currently, there are only four PSMA-compliant...
Albanian Mafia Behind Cocaine Transport In Tuna Shipment
A recent multi-million drug bust in Spain revealed the involvement of a notorious Albanian gang. The narcotics were found in tuna shipments from South America. Last week, Spanish authorities...
WCPFC Agrees On Dates For FAD Closure
The reduced purse seine FAD ban will come into place from next year onwards. In the recently concluded WCPFC annual meeting, members agreed on cutting down from the longstanding three-month...
Smaller Suppliers Increased Canned Tuna Exports To EU
Smaller suppliers managed to increase their canned tuna exports to European markets from Q1-Q3 by 10 percent. This is unlike major sellers who have been losing business in the bloc throughout...
How Olen’s Smart Brine Viewer Helps Seiner Owners Meet EU -18°C Rule
“Eighty percent of purse seiners in the world do not have good temperature control for their brine freezing, according to a 2018 EU report,” said Gildas Bodilis, Owner and Chairman of French...
SolTuna’s New Fair Trade Premium Line Experiencing Setback
SolTuna launched three new tuna products under the Solomon Blue Premium brand featuring both the US Fair Trade certification and MSC logo late last year. However, the company has hit a setback...
Pacific Leaders Warn About Climate Change Impact On Tuna Stocks At COP28
At the UN Conference of the Parties to the Convention (COP28), global warming and how it would affect tuna stocks in the Pacific Ocean were among the hot topics for discussion. It concluded...
Indonesian Ports Do Not Comply With PSMA Despite Ratification
Indonesia continues to fail in implementing the Port State Measures Agreement (PSMA) in all its fishing ports despite ratifying it in 2016. Currently, there are only four PSMA-compliant...
WCPFC Reduces Purse Seine FAD Closure Period, Says Bigeye Doing Well
After a marathon session on the last day, a major change was adopted by the WCPFC: the reduction in FAD closure period for the purse seine fishery. This was welcomed by PNA and it will make a...
139-Year-Old Galician Cerdeimar Tuna Cannery In Trouble
Another family-owned Galician tuna processing company, Cerdeimar Group, is also facing financial troubles. In late November, pouch tuna producing Blady Tuna Market, a sister firm of Blady...
Will Dongwon’s Possible Purchase Of HMM Affect StarKist Financially?
Dongwon Group is still in the competition to buy a majority stake in Korean shipping line HMM, but this could affect the financial status of its subsidiary StarKist, the top tuna brand in the...
Two Potential Buyers Still In Race To Acquire Princes Group
The sale of UK-based Princes Group is nearing its final stage with two remaining bidders, Epiris and Newlat, in the battle to acquire the canned tuna and food producing company. In January,...
Americans Increased Online Canned Tuna Buying In 5 Years
Americans continue to buy their canned tuna from traditional grocery stores but there is a rising trend of tech-savvy consumers choosing to purchase their products online. Since 2018, the tuna...
FCF Teaches Staff As Step Toward Sustainable Longline Fisheries
Taiwanese tuna trading company and owner of Bumble Bee, FCF, recently teamed up with ISSF to hold a training workshop for its employees in Kaohsiung. Hilario Murua, an ISSF senior researcher,...