News

US Government Proposes New Anti IUU Measures

US officials have announced they will increase measures to cull illegal imports on albacore, bigeye, skipjack and yellowfin tuna, among over a dozen other kinds of seafood, as part of their...

Whole Tuna Sales Keep Sapmer Afloat

Boosted by substantially higher volumes, Sapmer has recorded a considerable value gain on whole round tuna sales for 2015, managing to somewhat offset a disappointing decline in earnings from...

Will Latin Tuna Brands Be The Next Takeover Targets?

Europe is becoming a tougher place than ever to finalize deals and mergers within the tuna industry, and as costs continue to rise on the continent, opportunities for investment can be both...

German Deal Sparks Strong TU Stock Recovery

A significant pick-up has emerged in Thai Union share value, with price shooting up into much more favorable figures. In spite of the mounting pressures that the company has faced, a renewed...

Fake Tuna Brand Launched By John West

John West Australia has introduced a new tuna brand to the market this week called “Finnish Tuna”, marking the occasion by handing out free samples to new consumers, but it comes with just one...

Indo And Phil Canneries Join ISSF

Indonesian company, Avila Prima Intra Makmur and Philippine firm, Celebes Canning Corporation, have become the latest additions to the International Seafood Sustainability Foundation’s (ISSF)...

Philippine Patrol Vessels For High Seas Pockets

As part of the Philippines’ continued efforts into tackling illegal fishing, the Bureau of fisheries and Aquatic Resources (BFAR) will oversee the construction of two brand new steel-hulled...

“We Need To Learn How To Really Sell Tuna”

While end market demand is weakening in some of the most important global markets, the volume of tuna consumed in Latin America has kept up significant strength in recent years. However, in...

Another US Retailer Joins Price Fixing Case

Joining big names such as Kroger and Wegmans in accusing the US Big Three tuna brands of price fixing, Publix is the latest major supermarket chain to announce its involvement in the collusion...

Maldives P&L Fight To Retain MSC

A workshop is being held in the Maldives this week with the aim of agreeing an appropriate harvest control rule (HCR) for tuna stocks under the control of the IOTC, amid concerns that the...

TU Tuna Fleet Write Down Eats Q4 Profits

The world’s largest canned tuna producer, Thai Union, is set to record a fourth quarter profit knock after being forced to absorb the expenses incurred from its abandoned Bumble Bee merger...

Solomon Imposes Rule For Catch To Be Landed Locally

In addition to being a member of the PNA, the Solomon Islands government is keen to improve its fisheries infrastructure domestically, and as a result has implemented a new policy requiring...

Large Scale Arrests By Thai Anti-IUU Taskforce

Thailand’s recent crackdown on IUU, in light of its yellow card extension by the EU, has seen the arrests of over 100 individuals. As the globe’s third largest annual exporter of seafood,...

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