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...
News
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...
Dry Container Rates Improving But Reefer Situation Precarious
In what can only be described as good news for the canned tuna industry, global container shipping rates continue to fall. Meanwhile, the price of shipping goods via reefers has risen, which...
INFOFISH TUNA 22 Announces Expert Speakers
With just a few weeks left until the 2022 INFOFISH World Tuna Conference & Exhibition in Bangkok starts on October 10, the organizer has released the complete list of speakers. Based...
Philippine Tuna Congress Pushes For A Department Of Fisheries
General Santos will host the 22nd National Tuna Congress and Trade Exhibit in the Philippines from September 1-2. The tuna industry will resubmit its request for a separate Department for the...
Readers: Lischewski Should Not Be Sued Personally For Price-Fixing
When Chris Lischewski is released in November, he will be sued in a civil suit in California. The judge reopened the case after he initially made the mistake of quashing it. Atuna asked its...
Euro Value Drops Through Parity Barrier To USD 0.99
Since the euro and the US dollar reached parity for the first time in 20 years on July 13, the currencies value has been moving near equality. But since August 22, the euro has lost its...
Fuel Cost Slide Reverses, While Skipjack Catches Are Disappointing
Benchmark oil prices have started to increase again and predictably, fuel for fishing vessels also rose. This is happening at a time when skipjack prices are much better than they were two...