Buyers at the Manta port have been closing their tuna deals at prices much higher than in the past months. The situation has been exacerbated by the start of the first EPO veda combined with...
News
US Coast Guard Vessel Finds Multiple Violations In Albacore Fishery
The US Coast Guard cutter vessel ‘Alert’ completed a 60-day law enforcement patrol last week. The two-month initiative focused on albacore tuna fishing within the US EEZ off the coasts of...
Thai Union’s Share Price Skyrocketing In 2021
Buyers that had confidence in Thai Union’s (TU’s) performance and stepped in at the beginning of 2021 saw their loyalty rewarded. The company’s shares have skyrocketed by 60 percent...
Trial Against Credit Suisse Over Tuna Bonds Gets Date In London Court
A lawsuit filed against Swiss bank Credit Suisse will be heard in the London High Court in September 2023. The financial body is being sued by creditors over the USD 2 billion in...
Brazil State Signs Deal To Analyze Quality Of Tuna In Its Waters
Almost all tuna processing facilities in Brazil are in the coastal state of Caerá. The local government has entered a partnership with Nutec to analyze the quality of the tuna in the waters...
Bangkok Prices Soaring While COVID-19 Crisis Hits Thailand
The skipjack price at the Bangkok port has further grown despite setbacks in Thai canned tuna production capacity due to the COVID-19 pandemic. Processors are working at a lower than usual...
‘Cute’ Real Tuna Sausage A Hit Among Chinese Children
The Chinese brand Yucuti is focusing on the children’s food market with its new 'Cute' tuna sausage. In the first month after its debut, it achieved sales of over CNY 1 million (USD 154,328)....
Princes Carbon Neutral By 2030?
Princes Group has committed to achieving carbon neutrality for all its operations by 2030. The company claims that since 2014 it has already reduced its carbon footprint by 23 percent, a...
Pacific Ministers Say All Flag States Need To Prioritize Fishers Vaccination
During the 18th Forum Fisheries Committee Ministerial (FFCMin18), Pacific Ministers said that all countries, including flag states operating fishing vessels and FFA members, should prioritize...
Boat Owner Firmly Denies US CBP Forced Labor Allegations
The owner of the longliner that was recently blacklisted by US Customs and Border Protection (CBP) for allegedly enforcing forced labor practices onboard has firmly denied all allegations....
Global Tuna Demand Seriously Depressed In H1
The global demand for canned tuna during the first half of 2021 (H1) has been much softer than in the previous year when retailers filled their inventories as a result of the COVID-19...
ISSF Brings Conservation Measures In Line With Market Demands
The tuna industry’s International Seafood Sustainability Foundation (ISSF) has announced updates to several of its tuna conservation measures impacting both purse seining and longline fishing....
Thai Union Realizes H1 Growth In A Slow Market
Thai Union Group (TU) has published its 2021 half-year results reporting a sales increase of 4.4 percent. This is a remarkable performance considering that canned tuna makes up around 40...
Chinese DFAD Fisheries In Micronesia MSC Certified Without Objections
Two Chinese companies operating in the EEZ of the PNA nation of Micronesia (FSM) have been officially awarded the MSC certification without any objection. This includes...
US Govt Pushes To Keep 35% Tax On StarKist’s Pouched Tuna Salads
The US government is determined to keep in place the 35 percent duty on a range of StarKist’s tuna salad lunch pouches. The American brand has been strongly fighting this rate for years...
Australia Wants To Measure Tuna Quota By Underwater Video Technology
The Australian Department of Agriculture, Water, and Environment issued a tender to trial the use of a fully automated video system that would help to determine the weight of Southern bluefin...
Private Equity Firm Invests In Zunibal Eyeing Double-Digit Growth
Zunibal, the Spanish company specializing in the development of technological solutions for tuna fishing, has partnered with Nazca Capital after the latter invested in the firm’s ambitious...
EPO Seiners Catching Less Skipjack, But FAD-Yellowfin Soars In H1
Tuna catches in the EPO have not been staying at last year's extraordinarily high levels. Instead, during the first six months of 2021, they have dropped to almost the same level as...
Jealsa Battling Over Toxic Waste’s Origin
Legal allegations against Jealsa Rianxeira for discharging toxic wastes from its Boiro cannery into the Ria de Arousa sanctuary for the...
US-Based Brand Claims First Fair Trade Canned Chunk Light In The Country
The American canned tuna brand Mind Fish has announced the introduction of the first Fair Trade Certified Canned Tuna in the US. The product contains Chunk Light tuna in spring water or olive...