Efforts to update and reform the current tuna fishing regulations in Costa Rica are moving forward. This week deputies of the Congressional Environment Committee approved some of the issues...
News
EU Alerts: Recall Of Tuna Spread By Belgium Company
The EU Regulatory Rapid Alert System for Food and Feed (RASFF) reported one incident in May and four in April that were related to tuna. Besides excessive levels of mercury, decay, improper...
Thai Union Closes Cannery In Lübeck, Germany
Last week, Thai Union (TU) announced that the Lübeck cannery in Germany which produces canned tuna and seafood for the Hawesta brand will be closed. Instead, Hawesta’s processing operations...
How Did The Stronger US Dollar Influence EU Canned Tuna Q1 Demand?
Due to a loss in buying power, arrivals in EU ports and warehouses dropped slightly in the first quarter of this year. Retailers and traders importing canned tuna from Ecuador, Philippines,...
Major Global Tuna Highlights May 2022
In May, important events took place: the world celebrated World Tuna Day, EPO scientists finally cleared the skipjack stock, and IOTC failed to agree on robust yellowfin cuts to develop the...
Japanese Kyokuyo’s Increased Tuna Sales Doubled Profits
Japanese frozen seafood company Kyokuyo Co. Ltd. announced its annual results on May 13. Its financial year ended on March 31, 2022, and the figures revealed a modest increase in revenue of...
Itochu Going For Second MSC Assessment In WCPO Area
The world’s third-largest tuna trader, Itochu Corporation, has announced that it will be entering an MSC assessment to certify purse seine catches of skipjack and yellowfin in the WCPO. This...
John West Launches Hot Snack Variation: Tuna Pot
John West UK has introduced an innovative product, Tuna Pot, under its On the Go range. By adding hot water, the food item with tuna quickly turns into a healthy meal or snack for the busy...
US Canneries Switch To Vietnam For Pre-Cooked Loins Supply
The two US mainland-based canneries slightly increased their purchases of pre-cooked tuna loins in the first three months of 2022. They also switched their sourcing from Thailand – their main...
Jump In WCPO Transshipment Activity After Skipjack Peak
During April, PNA ports experienced a lot more activity with the volume of tuna transshipped reaching its highest point in at least two years in April, since the beginning of the COVID-19...
Mexico & Ecuador Extend Trade Talks Over Canned Tuna
Trade negotiations between Mexico and Ecuador were extended last week and the ninth round of talks took place between the countries. Discussions of a free trade agreement (FTA) between the...
China Implements Fishing Ban In North IO, But Not For Tuna
China has launched a three-month fishing moratorium for vessels operating in the high seas of the north Indian Ocean for the first time. This excludes tuna longliners. It said that similar...
China Fails To Land Deal With Pacific Islands Amid Regional Instability Fears
China has failed in its talks to sign a treaty with 10 Pacific Island nations which involves various issues including a free trade area and marine fisheries pact due to fears that it threatens...
Jealsa’s Founder Jesús Alonso Passed Away
On May 27, Jesús Alonso Fernández, the founder of the Spanish leading cannery, Jealsa, passed away at the age of 92. He left his self-made empire in the hands of his five children years ago...
One Year Peak After Excellent WCPO Skipjack Catches
WCPO skipjack catches reached a peak in April, which pushed the monthly recorded volume by purse seiners to the highest point in the last 12 months. The milestone was achieved even though...
Bearish Sentiment Surrounds High Manta Skipjack Price
Skipjack trading in Manta is currently stable. However, the overall feeling of stakeholders in Ecuador is that there is a bearish sentiment around the price. Fishing in the EPO has been...
Members That Opposed IOTC Yellowfin Cuts Only Hurting Themselves
The IOTC meeting concluded last week with no changes in its yellowfin rebuilding plans as several countries were against a reduction in their catches. Several NGOs have expressed their ire...
Ecuador’s Outdated Fleet Needs Modification And Maintenance
Behind Ecuador’s fishing power with 115 tuna vessels, there is a great concern that most of the boats are older than 40 years. Replacing them with new ones is too big an investment but some...
Will Skyrocketing Chicken Prices Boost US Tuna Sales?
Canned tuna is a great source of healthy protein but the consumption of this fish still lags far behind in the meat-loving US market, where a whopping eight billion chickens are eaten yearly....
Poll: Will US Tuna Benefit From High Chicken Prices?
The US market is predominantly meat-loving and chickens are the preferred choice for Americans. But poultry prices have nearly tripled over the past two years and have hit peak levels,...