Security at the port of Guayaquil in Ecuador has again been breached by smugglers trying to traffic cocaine in containers of canned tuna destined for the UK. A load of the illicit substance...
News
Huge Fines Introduced To Stop IUU In Maldives
Fines of up to USD 26,000 (MVR 400,654) are to be issued to those catching, processing, and selling protected marine species in the Maldives. Also, penalties will be handed out for unlicensed...
New Study Says Marine Stocks In MSC Fisheries More Abundant
A new study published on Thursday in the scientific journal, Frontiers in Marine Science, has reported that target stocks of MSC-certified fisheries are more consistently fished within...
Thai Canned Tuna Trade Declining In Asia
Thai processors are losing trade with markets in Asia as H1 2022 represented the lowest shipped volumes in a half-year period for some time. Their foothold in Saudi Arabia has been decreasing...
Sunflower Prices Normalizing While Soy & Olive Oils Rise
Canned tuna processors can sigh in relief now that the price of sunflower oil is declining and supply is again flowing from Ukraine. The value of soy oil rebounded slightly in August, while...
Nirsa Paints Neighborhood Stores Blue With REAL Billboard
With its “Pintura Real” plan, Ecuadorian tuna processor NIRSA has painted 622 neighborhood stores nationwide in the Real brand's blue color. Around 75 percent of these small local stores are...
Disappointing Start Of 2022 For Shanghai Kaichuang
The first half of 2022 has not been a promising start for Chinese tuna company Shanghai Kaichuang Marine International Co., Ltd. (SKMIC), which reported a loss in turnover of over 20 percent...
Greenpeace Says Bumble Bee & FCF Are Failing American Consumers
A shocking report released today by Greenpeace East Asia (Taipei) alleges that US tuna firm Bumble Bee (BB) and its parent company, FCF are sourcing albacore from longliners that are...
Major Global Tuna Highlights August 2022
The month of August was filled with eventful news – from increasing skipjack prices in Bangkok to the certification body insisting to the adjudicator that the PNA fishery be FAD certified....
Mandatory Tracking Devices On Omani Artisanal Tuna Boats
Owners of Omani artisanal (traditional) tuna fishing boats are being called on to install tracking devices on their vessels before the end of September, according to a statement issued by the...
High Seas Biodiversity Treaty Fails With Solutions In Sight
Covering nearly two-thirds of the world’s oceans, every decisive progress on the future UN High Seas Biodiversity Treaty is of vital importance to the tuna industry, and an agreement seemed to...
Tuna Trick To Save Your Nails & Other Social Media Trends
Tuna was once again famous on social media this month with several wacky stories, including a former convict who smuggled drugs on tuna boats and suing Netflix for royalties on a show. A...
EU Consumers Facing Skyrocketing Inflation Of Seafood Prices
EU inhabitants paid nearly 11 percent more for their tuna and seafood products in June 2022 compared to last year due to high inflation. The region's tuna processing sector is also facing a...
Thai Canners Increase Foothold In Africa, Despite 24% Higher Prices
Thai canned tuna business with the African continent has been growing steadily over the past five years. Trade with the Egyptians and the Libyans remains strong while Libyans have the highest...
Insurance Payout Prevents Jealsa From Losing EUR 38 Million
On May 8, 2021, the 11,000 square meter tuna processing complex of the canning and energy group Jealsa S.L. in the Spanish town of O Bodion (Boiro) caught fire. This was a dramatic event...
Lack Of Transparency Leads To Misinformation Says Seychelles Minister
Seychelles Minister for Fisheries and Blue Economy, Jean-Francois Ferrari, has said that work at the IOTC is a collaborative effort and “a lack of transparency can therefore contribute to...
Will Inflation Boost Canned Tuna Sales?
Global inflation is driving food prices and living expenses. US retail chains Walmart and Target recently reported that inflation is already affecting their customers’ buying behavior. They...
Zhonglu Builds Ocean Tuna Innovation Industrial Park
Publicly listed Chinese tuna company, Shandong Zhonglu Oceanic Fisheries Co Ltd, plans to fund the construction of an Ocean Innovation Industrial Park with CNY 960 million (USD 139.27...
COFACO’s Tuna Workers Announce Strike Over Low Wages
The union, SITACEHT/Azores, representing workers of the Portuguese canned tuna and seafood firm COFACO, has announced a strike beginning September 1. The protests will take place on Mondays...
TU Shareholders Invited To Nominate Successor For Founder Chansiri
Leading up to next year’s annual meeting, Thai Union invites its shareholders to submit agenda points and nominate a new Director for its Nomination, Remuneration, and Corporate Governance...