In just over a month, Dongwon’s stock market value has surged by over USD 240 million, with shares now standing at a half year high. The announcement that the firm will be adding two new...
News
WATCH: BBC Documentary Captures Amazing Tuna Feeding Frenzy
Tuna feeding frenzies, referred to as “boiling seas” are a phenomenon rarely caught on tape. The second season of the critically-acclaimed BBC nature documentary ‘Blue Planet’ has however...
Concerns Over New Development In IO SKJ Stock Status
While still rated in the green, there are concerns over new developments in the stock status of skipjack tuna in the Indian Ocean. The IOTC Scientific Committee’s recent Executive Summary of...
Waitrose Achieves Sustainability Target With John West MSC
Having set its own commitment to make all tuna products – branded or private label – sustainably sourced by the end of 2017, Waitrose has announced it has met its deadline. This is partly...
Seven Missing Crew Members Rescued After Longliner Capsized
A Japanese tuna longliner had been found overturned southwest of the PNA nation Palau with crew members reported missing. The multi-agency search for the fishermen has now ended as all seven...
Weak IO Management Holds Sapmer Back From MSC
As Sapmer celebrates 70 years in business, its CEO reflects with Atuna on the main achievements of the company, the challenges it has overcome, and its plans for the future. One clear goal for...
Have We Seen The Peak In US Cannery Output?
Canned tuna production in the US, which is dominated by the US Big 3, declined in 2016 and the latest stats indicate the nation’s processors might show lower output this year. The first three...
High Raw Mat Prices Bring Polish Imports Down
Buyers in Poland have traditionally been the largest importers of canned tuna in Eastern Europe, but in the first eight months of this year a significant drop was witnessed in purchases....
Overall US Canned Tuna Supply Has Never Been This Low
Total US market canned tuna supply slipped to a stand-out low in 2016, the latest NOAA data reveals. From the peak recorded in the last 10 years, volume has fallen by 20 percent. Last year,...
Readers: IO Catch Quotas Are Harming Juvenile Yellowfin
It has been suggested that the implementation of catch quotas for purse seine caught yellowfin in the Indian Ocean has actually been counterproductive. Due to the way in which the catch limit...
African Communities Hurt By “Opaque” Fishing Agreements
The people of West Africa are seeing their ocean resources depleted and their food security and economy hurt due to foreign vessels operating in their tuna-rich waters, a new report claims....
Anger Over Industry’s Aim To Fish More & Fish Faster
This year’s ICCAT meeting represented “some of the poorest management decisions” made since the RFMO was labelled an “international disgrace”, according to Pew, while WWF stresses quota...
Weakening BKK SKJ Price Tumbles Through Barrier
With stronger catches reported by WCPO purse seine fleets, and increased volumes being loaded onto carriers set for Bangkok, the skipjack price in the Thai capital has taken another tumble....
Japanese Tuna Longliner Found Overturned, Crew Missing
A tuna longliner has been found overturned in the waters near the PNA nation Palau. The seven crew members who were onboard are yet to be found. The vessel, Gyotokumaru 1, left the port of...
MSC Defends “Rigorous” Standard Against Criticism From UK Politicians
Four members of UK Parliament have raised concerns over the MSC certification standard in a broad discussion on “Marine Environment”, in which the issue of mixed fisheries has been underlined...
Controversial Bluefin Quota Rise Adopted By ICCAT
A proposed quota increase that gained a lot of attention in the run up to the ICCAT meeting, has been adopted by the RFMO, meaning that by 2020, 36,000 M/T will be the annual catch limit for...
High Consumption & Low Duties Make Exporters Eye Middle East
Vietnamese tuna processors are betting on expansion in the Middle East market, with high demand and low import duties compared to other markets presenting strong potential for an export boost....
ICCAT Takes No New Action On FADs & Bigeye
Putting discussions on hold until next year, ICCAT has taken no new action on FAD management and yellowfin and bigeye catch limits in the Atlantic Ocean, as its annual meeting has drawn to a...
UK P&L Business Suffers From Duties & Weak Pound
As the major suppliers of pole and line canned tuna, mostly caught in the Maldives, processors in Thailand have seen their business shrink in the UK market. Weak buying power among UK firms in...
Indonesia To Get Even Stricter & Destroy 100 More IUU Vessels
A new regulation is expected to be issued to protect tuna from being overfished in Indonesian waters, at a time when the Fisheries Minister plans to destroy 100 vessels involved in IUU...
