There is large uncertainty over what the coming months will hold for Spanish fishermen in Galicia, as the peak season for bonito del norte (Atlantic albacore) fishing gets off to a tough...
News
Frinsa’s Push To Boost International Tuna Sales
One of Europe’s largest manufacturers of canned tuna, Spanish firm Frinsa, has its sights set on international expansion, and has this week revealed that new investments designed to boost...
Pacific Nations Get More $ Per Day Under New US Treaty
Pacific island nations could be set to get one of the highest rates of return per fishing day from the US and its tuna fleet than ever before, under the conditions of a newly agreed South...
Calls For New Phil President To Address IUU Seriously
There are strong calls for the Philippines’ incoming President to more seriously address IUU fishing in the country’s waters, and to protect important marine stocks, like commercial tuna...
The Rising Value Of US Frozen Tuna Sales
Consumers in the US are spending more than double the amount of cash on frozen tuna than they were four years ago according to new data. But in the huge segment of frozen seafood dominated by...
EU Yellowfin Buyers Expecting Long Wait On Price Fall
While the ban has been lifted on Sri Lanka’s tuna trade with the European Union, there could be a long wait for EU buyers to see the return of fresh and frozen yellowfin prices to levels...
Push For EPO-Style Fishing Ban Across All Oceans
All ocean regions should implement an annual purse seine closure period as seen in the Eastern Pacific Ocean. That’s the message coming from fisheries officials in Ecuador, who are set to...
US & Pacific Reach New Treaty Agreement
In what has been over seven years in the making, the United States and Pacific island nations have finally reached a deal to restructure the South Pacific Tuna Treaty, a longstanding agreement...
Saudi Arabia’s Multi-Million Dollar Appetite For Canned Tuna
As a region, the Middle East has been pegged as one of the top areas in the world predicted to see increasing growth in the tuna sector, as sales in the group of nations continues to boom...
Brexit Immediately Impacts EU Tuna Trade
After the majority of analysts were ready for a phase of a weaker US dollar against the euro, a huge curveball has been thrown into the exchange arena, as the UK’s vote to leave the European...
Taking The Fight For Bluefin To The Masses
With the annual IATTC meeting set to take place in La Jolla California next week, the status of Pacific bluefin stocks and quota caps will be high on the agenda, as NGOs call for increased...
Will Annual Tuna Catches Reach 7m Tons By 2025?
Year on year the global tuna industry has seen annual catches climb, with record tonnages continually emerging in the stats. By 2025, could we see tuna hauls reaching nearly 7 million tons?...
The Two Year Tumble Of Sapmer’s Stock
Despite being one of the largest tuna fishing firms in France, Sapmer has not been able to stop the steady tumble of its stock prices, which have fallen almost continuously over the last two...
Increased Demand For Yellowfin In Bangkok
Known to be the global benchmark market for skipjack tuna, sometimes substantial volumes of other commercial species slip into Bangkok under the radar. As the industry focused last year on the...
Low Albacore Inventory Runs West Coast Suppliers Dry
A market-wide shortage in albacore cold storage inventory has left many US West Coast suppliers losing business, following a challenging catching season last year. Reports from Tradex Market...
Is Chunk Light Losing Grip In The US Market?
Tuna dominates the US shelf-stable seafood segment; controlling almost three quarters of all ambient seafood sales in the country. Last year, the industry was worth over USD 1.6 billion, and...
Union Backlash Over Continued Tuna Industry Crisis
Unions representing the Venezuelan fishing industry have accused the Ministry of Fisheries and Aquaculture of failing to meet tasks set by Maduro’s government last January, as the national...
Is Philippine Zero Duty EU Trade About To Rocket?
Several tuna processors in the Philippines are showing an increased interest in a rule that could allow them to use Indonesian caught raw material for canned tuna production, and still benefit...
Should Retailers Put Private Label Tuna Up Against National Brands?
In the perpetual war between supermarket private label and branded tuna, Lidl pushed the game one step further, by directly comparing its own Nixe canned tuna to France’s leading brand, Petit...
China’s Growing Appetite For Canned Tuna
Though still small compared to the likes of the EU, Japan and the US, the Chinese tuna market is one of very few growing markets globally, for not only canned tuna, but fresh and frozen too....