Spanish albacore fishermen weren’t wrong as they entered this year’s season with little expectation of bountiful catch, with first month sales of the species, also known as bonito del norte,...
News
Tuna CEO Charged With Cocaine Smuggling
A Mexican tuna businessman with links to the Sinaloa Cartel, Humberto René Eudave Mandujano, has been arrested and charged with drug trafficking. He is accused of arranging the transportation...
The World’s Top 3 Tuna Purse Seine Fleets
Most in the tuna industry know that the Indonesian fleet tops the charts by far for commercial tuna catches, but year on year the nation’s landings span a broad range of fishing gears. In the...
Could Brexit Ruin EU Free Trade For Ecuador?
As Ecuador’s deadline to secure seamless zero duty trade with the European market looms, its biggest canned tuna export destination, the country’s President has become increasingly concerned...
US Tuna Market Flooded With Euthynnus
A growing market trend in US canned tuna is continuing to disrupt business in Thailand’s capital, as Bangkok based canners struggle with low end market demand for skipjack product. Around...
John West Strengthens Grip On UK Market
Thai Union owned canned tuna brand, John West has increased its UK market share by 6.2 percent in just two years, according to TU’s sustainability report for 2015, released this week. John...
PNA Nations Among Worst For Human Trafficking
The Marshall Islands and Papua New Guinea are the only two PNA nations to now sit in the Tier 3 category of the US’ Trafficking in Persons report; the worst ranking a country can receive. Due...
Top US & EU Tuna Foodservice Buyers Merge
Major US supplier of canned tuna to the foodservice sector, Sysco, has this week confirmed that it has purchased UK based foodservice firm Brakes Group in a USD 3.1 billion deal, giving Sysco...
Will Closures And Bans Push Skipjack Prices Up?
Bangkok Skipjack prices are bucking the usual trends so far this year, and after sitting at high levels since March, have dropped this week as the scheduled WCPFC FAD ban kicks off. In...
Slow IATTC Progress Calls For Emergency Meeting
A whole host of tabled proposals for improved protection of EPO tuna stocks during last week’s IATTC annual meeting failed to gain the consensus they needed, including strong calls for an...
“Scandal” Fleet Sells First Tuna
EMATUM, the state-owned tuna company at the center of a misappropriation of funds scandal, has finally begun selling its catch to the domestic market, some three years after being founded. The...
Alliance Works To Cut Heavy Losses
Alliance Select is pumping a USD 2.3 million investment into introducing state-of-the-art equipment into its General Santos tuna cannery, to slash operational costs and increase its...
Shortage Of Whole Round For Manta Canners?
The Ecuadorian seiner fleet dominates EPO skipjack catches year on year, suggesting that the nation’s tuna canners should never be short on supply. Recently, however, processors in the country...
Unusual Trend In Bangkok SKJ Price
Tuna prices aren’t taking the usual trend this year, and while the start of the annual WCPFC FAD ban has previously spurred significant increases in the market, this year, decline has hit as...
Are Non-PNA Nations The Biggest Treaty Winners?
While the PNA Office is pleased with the outcome of the US Tuna Treaty in some respects, there are downsides to the deal, as it stresses that the United States government’s financial...
Bumper Catches For Top Asian Tuna Player
June has been a bumper month for Japanese tuna fishermen, who have recorded bluefin catches at levels which have not been seen for nearly a decade, leading to prices for the premium meat being...
Sale Complete: P&P Buys French Seiner Fleet
The final sale is now complete on a deal that caught the industry’s attention in May this year, with the announcement that a Dutch firm was engaged in exclusive negotiations for the purchase...
New Tuna Treaty Savior Of US Canning Industry?
The recent conclusion to a new US Tuna Treaty agreement which is set to last six years has underscored the important role that American Samoa plays in the global tuna industry, according to...
Rio Mare Certified For “Complex” Traceability System
One of the most well-known tuna brands in Europe, Rio Mare, which spans across numerous markets on the continent, has been awarded an official certification recognizing the complex and robust...
IUU Fishing Costs West Africa Billions
A new report, which states that West Africa is the epicenter of IUU fishing, thanks not only to its vast coastline, but also its tuna-rich waters, estimates that if illegal fishing practices...