Myanmar’s junta recently ordered its citizens working abroad to pay tax on at least 10 percent of their incomes. The new law came into effect on October 1 and will be enforced until March 31,...
News
BlueNalu Eyes International Tuna Market, Extends Deal With TU
Californian cell-based firm, BlueNalu, has renewed its deals with three tuna and seafood companies to facilitate the introduction of cell-cultured marine products across international markets....
Hawaii Longliners Can Continue Sunset Fishing Bycatch Reducing Experiment
Hawaii shallow-set longline fishery have been given more time to evaluate the effect of tuna fishing one hour before and one hour after local sunset to reduce seabird bycatch. The US National...
SKJ1.8:BKK End Of Bull Market After The FAD Ban?
After months of peak levels for skipjack raw material, trade in the Bangkok processing hub seems to have rekindled, a reflection of price drop seen historically during September to October....
Price And Taste Top Aussie Consumer Choice For Canned Tuna
The demand for canned tuna in the Australian and New Zealand markets is rising significantly and consumer choices are predominantly based on the price, taste, and brand name. This was revealed...
China Gets Two More Tuna Longliners For The Atlantic Ocean
The Chinese state-owned company Sino-Ocean Co., Ltd. has received two tuna longliners that were built by Dalian Liaoning Shipyard. The 52-meter-long vessels, ‘Jinfeng 2’ and ‘Jingfeng 4’ will...
E-Monitoring Has Come A Long Way But Has Hurdles To Overcome
Electronic Monitoring (EM) on tuna vessels in the Pacific Ocean began nine years ago. It faced several challenges and is up for improvement. Leontine Baje, Fisheries Advisor, at the...
Anuga 2023 About To Start, Major Tuna Processors Showcasing
The world’s largest food and beverage fair Anuga will begin this weekend from October 7 to 11 in Cologne, Germany. The event expects to welcome almost 8,000 exhibitors from about 100...
Increasing MGO Fuel Cost Starts Biting Seiner Operators Again
Global oil prices fell slightly on Wednesday morning as the market anticipated the outcome of the Organization of the Petroleum Exporting Countries (OPEC+) and allies ministerial meeting...
Slumping Sales Make Spanish Canners Cut Back On Loins
Trade in frozen pre-cooked loins has fallen in the first six months of this year, with Spanish producers cutting back on their buying. In 2022, EU processors imported historically high levels...
EU Seiners Can Continue Tuna Fishing In Kiribati With New Fisheries Deal
On Monday, the European Commission announced that the EU and Kiribati renewed a sustainable fishing partnership for a duration of five years. Under this agreement, four EU purse seiners can...
COS New Tuna Flavors Carry Partner Food Companies’ Logo
Chicken of the Sea (COS) has joined hands with US food company McCormick to launch three new tuna flavors in pouches. The brand claims that all products “ deliver both taste and nutrition in a...
Princes Group Bidding Intensifies, Speculation Of USD 845 Million Value
The Princes Group, which owns ambient tuna brand Princes, could be sold for GBP 700 million (USD 845 million) before the end of the year, at a much higher price than what it was validated at...
EU Processors Reduced Their Loins Demand Due To Record Prices
The demand for frozen pre-cooked loins continued to decline in the EU in the second quarter of 2023, driven down by high prices of the intermediary product and a significant drop in canned...
EU Alerts: Spain And Italy Report High Levels Of Mercury In Tuna
Five tuna-related incidents were reported in September in the EU Rapid Alert System for Food and Feed (RASFF) and most of them pertained to high levels of mercury in tuna. On September 5,...
Costa Rican Officials Use VR For Training To Combat IUU Crimes
A group of organizations have come together to curb IUU fishing in Costa Rican waters. Over 30 environmental and organized crime judges, investigators, and representatives from various...
FDA Gives Stern Warning To Indonesian Tuna Company For Control Violations
The US Food and Drug administration (FDA) has warned an Indonesian tuna processing company for “serious violations” in its Seafood Hazard Analysis and Critical Control Point (HACCP) plan. The...
Croatia Fails In Effective Control Of Bluefin Farms
The European Commission (EC) is working to ensure that bluefin aquaculture farms abide by the EU rules. Last week, the commission announced that it has decided to send a “reasoned opinion” to...
Thailand Continues To Be Finland’s Main Canned Tuna Supplier
Finland drastically reduced its intake of canned tuna in the first half of this year from both foreign and other EU processors. Thailand, which emerged as the top seller, increased its...
Major Global Tuna Highlights September 2023
The US signed the USD 600 million Pacific Tuna Treaty to strengthen the partnership with the Pacific Islands. Two NGOs made their presence felt in the tuna business and attacked MSC and WCPFC...