The Indian Ocean Fishery Improvement Project (FIP) has been officially 'activated', with 17 organizations signing the Partnership Agreement, declaring the objective of eventually achieving MSC...
News
Big Profit Results Lift Century’s Strong Stocks
The strength of Century Pacific’s listed stocks has been even further cemented since the company announced impressive profit results last month, for full year 2016. The leading Philippine...
Activists Try To Steer Consumers Away From Walmart’s Tuna
Activists are calling on Walmart in Costa Rica to stop selling its own-brand Suli canned tuna, which contains tuna sourced from Mexican fisheries, and are urging consumers to look for...
WATCH: Researchers Develop Groundbreaking Bluefin Feed
Researchers have developed a new soy-based feed for bluefin that does not include fish. The breakthrough is said by the creators to be the solution to farming tuna sustainably, and this way...
Skipjack Price Plateaus Despite Firm Downward Push
While demand in Bangkok is not unusually slow, some large canners in the capital have been holding back on buying, in an unsuccessful effort to push the price down below the USD 1,500 ton...
Investments For New Canneries Pour Into Indonesia
Indonesia’s tuna processing industry has witnessed increasing interest from foreign investors, with a Japanese-Bruneian fund now planning to develop two new tuna factories in the country. This...
Court “Must Reject” Trader Joe’s Underfilling Argument
Efforts from US retailer Trader Joe’s to scrap the tuna underfilling case against it, should be firmly rejected in court, according to plaintiffs. They state that similar attempts to see other...
Peruvian Oil Brand Gambles On Tuna Market Potential
An oil brand is set to capitalize on the growing confidence in the Peruvian tuna market, by releasing four canned offerings, with the help of a celebrity TV doctor. Primor, which is owned by...
Brexit’s Impact On Thai Union Tuna Sales
Thai Union witnessed slower EU tuna sales during this year’s first quarter, which one major Bangkok-based analyst states was caused by the first effects of a looming Brexit. A quarter on...
Chinese Govt. Cash Control Won’t Dampen Tuna Investment
In its bid to control the amount of capital leaving the country, the Chinese government pulled the plug on around 30 acquisitions of US and European companies in 2016. Despite increased...
Can a Pristine Paradise Fee Compensate Tuna Income?
Pacific island and PNA nation, Palau, has signed a tourist surcharge into law, to replace the revenue it will lose from phasing out commercial tuna fishing in its EEZ. Last year, Palau moved...
Ocean Switching: What’s Stopping More Seiners?
With reports that some purse seiners have the freedom to switch ocean areas and continue their tuna fishing operations relatively uninterrupted, it poses the question as to why this option...
Calvo Tuna Ads Spur Controversy On Social Media
Spanish tuna canner Calvo’s new TV advertising campaign for its “light tuna” products has received massive response on social media, but perhaps not in the way the firm would have wanted. The...
TU Confident In The Face Of Potential Trump Tax
If the US moves on its proposal to hit Thai goods with a possible 20 percent import tax, for this year at least, Thai Union believes there will be little impact on its business. US President...
Neighboring Nations Take On Indo’s Strict IUU Stance
The action taken by Indonesia in relation to IUU fishing is rubbing off on neighboring countries, according to the nation’s Fisheries Minister, Susi Pudjiastuti, who has urged further regional...
Spanish Fleet: Seychelles Yellowfin Effort “Insufficient”
Members of the Spanish tuna purse seine fleet have called the Seychelles’ yellowfin catch reduction intentions in the Indian Ocean insufficient. The Seychelles government has suggested a...
TU Sets Aside Millions For Potential New Mergers
After previously suggesting that it may take a temporary halt on the acquisition front, Thai Union has set aside THB 25 billion (USD 720 million) for new investments and mergers this year,...
Big Breakthrough For Expanding Chinese Tuna Fleet
China’s tuna fishing operations have seen a breakthrough addition, as its expanding fleet is now joined by two new deep-freeze tuna reefers, a first for the nation. This addition enhances the...
Can Retailers Put A Dent In IUU Fishing?
Now that tuna caught by vessels flagged to yellow-carded countries is off the shelves at Spanish supermarket chain, Eroski, it raises the possibility of other retailers following in its...
Tuna Firms Need RFMO Action On Sustainably
After nearly 100 global tuna-related companies and organizations signed a letter calling on RFMOs to take stronger action on measures related to the sustainability of crucial stocks, Atuna...