The Spanish Institute of Oceanography (IEO) announces it has, for the first time worldwide, managed to close the life cycle of Atlantic bluefin tuna in captivity, which involves obtaining...
News
Alliance Eyes Middle East As Big Expansion Target
Stating that it is exploring partnerships with key distributors in the region, Philippine canned tuna processor, Alliance Select Foods International, has the Middle East eyed as a key target...
US Big 3 Told To Drop FAD-Free Opposition
Retailers and foodservice companies in the United States are being told to demand the US Big 3 canned tuna brands to drop their opposition to sustainability, or face being de-listed from...
EU Demands Fewer Thai Trawlers
The number of trawlers in Thailand needs to be reduced if the country is to get its yellow card lifted, as the EU is concerned that the excessive number threatens seafood stocks and marine...
Should FAD-Free Collusion Be A Crime?
The Big 3 tuna brands in the US have been accused of collusion to refrain from offering FAD-free tuna products, according to prosecution documents that are part of a US price fixing...
Major Tuna Firms Named In Panama Papers Investigation
According to Ecuadorian press outlet, El Comercio, among several high profile firms from the country named recently in the Panama Papers investigation, there are at least four tuna industry...
Will ‘Cumulation’ Create Massive Boost In Philippine Output?
The Philippines may be on the path to a strong acceleration in its canned tuna free trade with the EU, as it works to gain access to both Indonesian and Vietnamese tuna catches to use as...
Tesco To Drop John West Tuna Next Week
Some core John West tuna products will be delisted from Tesco shelves as soon as next week, the retailer has announced, as it follows up on its recent sustainability commitments for branded...
TU To Open Global Trading Center
Thai Union is working to set up an international trading center in Bangkok as part of its work to give the company a global image. The center will help launch its emerging market business...
EU Approval Amplifies Cook Islands Concerns
Following the European Council’s ratification of a fishing agreement between the Cook Islands and the EU in early June, concerns among local fishermen in the Pacific island nation have...
Costa Rican Fishermen Seek Decree Accountability
Fishermen from the Costa Rican tuna industry are upset with the government over a lack of compliance with a 2014 decree that banned large-scale tuna activities, mainly conducted by...
IATTC’s Special Meeting: Can Political Will Improve?
Without significant improvement in the political will among parties, there is uncertainty over whether an unprecedented meeting arranged by the IATTC this October will be any different to...
Tri Marine Dropped From Price-Fixing Case
US tuna fishing and processing firm, Tri Marine, is no longer named as a defendant in the amended United States canned tuna price fixing case. Along with the US Big 3 canned tuna brands,...
Investors Enjoy Bullish Century Stock
Since the start of the month, there’s been a boom in Century Pacific’s stock, taking shares to a value they’ve never touched before. Investors enjoy a substantial 20 percent return on holdings...
Discounters Steal Bigger Seafood Sales Share
Discount retailers Aldi and Lidl are successfully reducing the gap between their more traditional UK competitors by increasing their market share of total sales of fish products. Tesco,...
Govt Cools Concerns Over Tuna Plant Revival
Local fishermen could be set to gain support from the national government, as a Vanuatu-based tuna plant, which has been dormant since 2009, is expected to reopen later this year. Fears were...
Importers Prepare For “Inevitable Pressure On Prices”
Strong sterling devaluation since the Brexit referendum is having a considerable impact on the price of tuna for UK importers. For those firms that are hedged on currency for the next couple...
SKJ Price: Flat Market In Bangkok
There has been little acceleration of whole round skipjack tuna trading in Bangkok, as a flat market prevails in the Thai capital. Already earlier in the month, sources told Atuna that they...
Tuna Debt Mounts: Mozambique Hires Financial Advisors
With not only a large tuna fleet debt on its plate, Mozambique has been forced to hire Lazard Ltd., the world’s leading financial advisory firm, to help the country assess its foreign...
Ecuador’s Notable Skipjack Catch Drop
As the Ecuadorian government airs concerns that the nation’s tuna processing industry is struggling to get hold of origin tuna catch for zero duty EU trade, the country’s fleet has recorded a...