Despite 2020 being a year when pandemic-induced hoarding of shelf-stable products took place, canned tuna and seafood company, John West Foods, experienced only a slight increase in its...
News
Little Investor Confidence In Sapmer’s Reorganization
After a dramatic loss of EUR 24.5 (USD 28.4) million, a financial debt of EUR 130.9 (USD 151.9) million, and a 32 percent reduction in revenue in 2020, French fishing company, Sapmer, had to...
Women Crew To Be Added To Fiji Longliners?
Fiji is making efforts to include women in more areas of the tuna sector and this includes fishing jobs on longliners. However, there is “gender blindness” in the longline fishing industry,...
PEW: RFMO Negotiations Dominated By “A Small But Powerful Few”
The traditional management approach used in RFMOs of lengthy negotiation has contributed to overfishing and depletion of species. This is according to Pew, who says that often during RFMO...
Spanish FAD Fleet Increasing Use Of Smart Buoys
The long-distance Spanish purse seine tuna fleet has been increasingly replacing traditional buoys with smart ones. This is according to a study carried out by technology company Satlink,...
FAD Ban Transshipment Volumes Hit Peak
Transshipments during the FAD ban period rose in August this year to the highest level of the past two years in the same period. Data from the PNA region shows that transshipment volumes in...
Tuna Loses Crown In British Market After Temporary Reign
Retail sales of tuna in the UK dropped slightly during the first half of the year. In 2020, panic buying of canned products pushed tuna temporarily to the top as the most popular seafood....
StarKist Demands Info On Judge’s Family Stock Holdings In Price Fixing Case
The multi-district litigation (MDL) for price-fixing against StarKist and its parent company Dongwon Industries has taken an interesting turn. The tuna firms have asked the Southern...
Major Global Tuna Highlights September
September was a volatile month for the global tuna industry. The price of skipjack in trading hubs fell while the latest report from the International Seafood Sustainability Foundation (ISSF)...
Skipjack Catches Reach Year’s Lowest Point In WCPO
Out of the ordinary yellowfin catches in the WCPO guided the total catches in August to a month-on-month increase, despite the skipjack catch rate reaching its lowest level in over a year....
How Much Will Peak Fuel Costs Affect Skipjack Rates?
Global crude oil prices are at an all-time high given the demand from oil guzzling nations outstripping supply. This has pushed marine fuel prices even further up with tuna purse seiner owners...
Sapmer Downsizes, Two Seiners Sold & Another On The Market
The French tuna fishing company, Sapmer, announced today that it has sold two of its purse seiners operating in the Indian Ocean (IO). A third vessel is currently on the market although there...
Accidental Massive Tuna Donated To US Soup Kitchen
A soup kitchen in Belfast, Maine, (USA) was very happy after it received a donation of hundreds of kilograms of tuna meat from a local fishing crew after they caught a massive 600 pound...
Thai Union Announces New Joint Venture Co. For Product Packaging
Thai Union's (TU) printing and packing subsidiary, Thai Union Graphic Co. Ltd (TUG), has entered into a joint investment with Starflex Public Company Limited (SFLEX), an industry leader in...
More Companies Follow Vegan Trend With Tuna Substitutes
Several companies have jumped onto the bandwagon of offering tuna and other seafood based on plant ingredients. There is an increasing number of ‘ocean-friendly’ food options and tuna seems to...
Bangkok Skipjack Price Continues Its Slide
Trade for whole round frozen skipjack is currently fair in Bangkok, but the improved WCPO catches in August during the FAD ban makes processors confident that there is more room for downward...
Another Initiative To Improve Monitoring Indonesia’s Catches
The Indonesian pole-and-line fleet is working towards the improvement of its electronic monitoring and catch documentation with the help of the International Pole and Line Foundation (IPNLF)....
Philippines Recovered Share In Japanese Canned Tuna Market
Japanese buyers demanded almost the same quantities of canned tuna in the first half of 2021 as in the same period last year. However, there was a shift in the supply as they bought more from...
US Fishermen Experiencing One Of The Worst Albacore Seasons
US tuna fishermen in several coastal states are experiencing poor albacore catches as the fishing season for this tuna is coming to a close. Commercial albacore fishers across the Pacific...
Exclusive Deal With Bumble Bee Bad For PAFCO
Fiji’s main tuna processor, the Pacific Fishing Company Ltd (PAFCO), is looking to stop processing exclusively for Bumble Bee Foods as its bottom line is being affected. Last week, the...