A study aiming to show the number and capacity of purse seiners targeting tropical tuna worldwide shows that there has been a decrease from last year – falling from 1,871 to 1,843. However,...
News
PAFCO Unable To Sustain Domestic Demand For Albacore
In the archipelago of Fiji, the amount of albacore unloading in the national port is not enough to sustain the domestic demand for the tuna. According to the Minister for Fisheries,...
Judge Delays Starkist Sentencing At The Last Minute
A US District Court judge has accepted Starkist’s request to postpone its sentencing from August 7 until September 11. This will allow the tuna brand to submit more information on...
Hard Brexit Could Significantly Inflate UK Tuna Prices
The countdown for the UK to leave the EU has truly begun – the deadline is on October 31 at 11pm London time – and there is a real fear that the country will be facing a no-deal Brexit or...
Oregon Albacore Commission (OAC) Joins IPNLF
The Oregon Albacore Commission (OAC) has become the latest member of the International Pole & Line Foundation (IPNLF), a non-profit association, which is committed to developing and...
Safa Says Ex Credit Suisse Banker Lied In Mozambique Fraud Case
French-Lebanese billionaire, Iskandar Safa, has said that a former Credit Suisse banker lied when he pleaded guilty to fraud-related charges in an ongoing USD 2 billion Mozambique fraud...
Judge Unimpressed By StarKist’s Bankruptcy Fear
A US federal judge was unimpressed when StarKist Co. said that it may have to file for bankruptcy because it “simply can’t pay” the potential USD 100 million criminal fine and possible civil...
Middle East Consumers Are Thai Canners’ Biggest Market
During the first half of the year, Middle East buyers showed great interest in acquiring Thai canned tuna. Producers during 1H shipped the majority of their consignments to this...
Bom Petisco Introduces Tuna With Curry Flavor
The Portuguese brand Bom Petisco has launched a new canned tuna flavor, tuna in curry sauce. The recipe took months of research as it wanted to respect the Asian origins of...
Venezuelan Purse Seiner Detained In Panama Not Related To US Sanctions
The Venezuelan purse seiner, Aleta Azul, was banned from fishing in Panama, due to technical category violations. According to the Panama Maritime Authority, the vessel has...
Catches Are Not The Determining Factor For Bangkok Skipjack Price
The price for whole round frozen skipjack in Bangkok has moved upward over the last week. Negotiations are within the range of USD 1,150 –USD 1,300 per M/T, industry sources told Atuna....
UK Preppers Stockpiling Canned Tuna
With the possibility of a hard Brexit inching closer, food preppers have started hoarding products. Domino’s Pizza Group has apparently spent GBP 7 million stockpiling ingredients, including...
XingHe Diversification Into Tuna Put On Hold
China-based edible oil producer, XingHe Holdings Bhd, has for the moment paused its plans to diversify into tuna processing due to the company’s joint-venture partners facing some...
Thailand Canners Regain Lost Exports Volume
During the first half of 2019, buyers' interest in Thai canned tuna grew four percent year-on-year, to a total volume of 247,979 M/T. However, primarily as the result of the low raw...
Australian Southern Bluefin Harvest One Of The Best Ever
This year’s Southern Bluefin Tuna (SBT) harvest in Australia has been the shortest and one of the best ever in the country. Brian Jeffriess, Chief Executive Officer of Australian Southern...
Bumble Bee Seafoods Considering Bankruptcy
Bumble Bee Seafoods LLC is considering bankruptcy filing in order to ease its financial woes from price-fixing charges and alleged loan defaults, according to Bloomberg. A...
Thai Union Profits In Q2 From Low Raw Material Prices
The performance figures for the second quarter of 2019 of one of the biggest players in the tuna business, Thai Union, are out. While the company managed to make some profit, it...
Senegalese Seiner Detained In Angola Freed
A Senegalese tuna seiner that was detained in Angola for over a month due to procedural bungling has been freed by authorities. Last Saturday, Angolan officials let the purse seiner leave the...
Multi-Stakeholder Senegal Pole-And-Line FIP Launched
The Pole-and-Line Tuna Fishery Improvement Project (FIP) in Senegal was officially launched on August 5, 2019. This is about 20 months after a Memorandum of Understanding...
US To Renew Treaty With Pacific Islands In Move To ‘Contain’ China
The US is making moves to maintain its strategic economic and military influence in the Pacific. On Monday, Mike Pompeo, US Secretary of State, visited the Federated States of Micronesia (FSM)...