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...
News
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...
US Tuna Innovations Dominated By Bowls
In the North American market, tuna bowls are more in demand by consumers looking for healthy and convenient food options, with several companies adding these items to their brand lines. On...
What Goes On Behind Managing Fishing Operations In The Mediterranean?
Captains sailing and fishing for tuna in the Mediterranean must undergo rigorous management measures to guarantee the sustainability of the stock and compliance with regulations. This is...
Health, Sustainability, & Practicality Guiding EU Canned Tuna Buyers
EU consumers are demanding sustainability, practicality, and health benefits from their canned tuna products. This is one of the main trends that Juan Veites, President of Eurothon, identified...
Maruha Nichiro Betting On Cell-Based Tuna Production
Japan’s largest tuna and seafood company, Maruha Nichiro, is adamant about working towards close-cycle bluefin farming and less on wild fisheries. In its path to achieving this, the firm has...
Tensions About Rising Costs Dominate IO Skipjack Price
In September, tuna catches in the Indian Ocean (IO) were good. Contrary to earlier expectations, several vessels netted their allocated yellowfin quota for 2021 and already had to stop...
‘Unlicensed’ Indonesian Gillnet & Troll Catches Skyrocket, Pole & Line Collapses
Pacific skipjack catches in the Indonesian gillnet and troll fisheries skyrocketed during 2020. Gillnet in particular reached a record high level that had not been seen before, without any...
Will Pressure By NGOs Stimulate Fishing Nations To Adopt Strict HCRs?
The mixed information from WWF and MSC on the sustainability of MSC tuna is confusing buyers. WWF's stance in some markets is that they will first judge each MSC certification to check if it...