News

Thai Union Smashes Analyst Q1 Expectations

Surpassing the expectations of various analysts, Thai Union has reported a bullish 59 percent rise in first quarter net profit. The company puts the strong increase down to foreign exchange...

EU Fleet Welcomes Controversial FAD Limit

FAD limits set by the IOTC have been welcomed by the EU tuna fleet as the first management measures in the region to restrict their use. The limit has been termed “unacceptably high” by...

New Mexican Management Plan For Yellowfin

With the objective of promoting conservation, protection and the restocking of the species, a new management plan for yellowfin tuna has been launched in the Gulf of Mexico. The Secretariat of...

Po Family Sells 6.4% Of Century

From an equity placement deal focused on boosting the company’s stock trading liquidity, Century Pacific Food, controlled by the Po family, has raised PHP 2.7 billion (USD 60.4 million). ...

Vietnamese Fresh/Frozen Tuna Producer Certified FOS

Tuna and swordfish from approved Friend of the Sea fleets, and processed by Nha Trang Bay Joint Stock Company are now authorized to carry the FOS eco-label. The Nha Trang Bay processing plant,...

Giant 7 Meter Manta Ray Netted Near Peru

Photos of an enormous dead manta ray are littering global press, after the giant one-ton specimen was netter by a fisherman in northwestern Peru. According to reports, the fisherman accidently...

PAFCO To Bridge Tuna Lulls With New Cold Storage

Limited availability of albacore could be a thing of the past for PAFCO as it is set to receive a 4,000 metric ton coldstore freezer warehouse at its Levuka plant in Fiji. With construction...

Thai Tuna Industry Sure Of Quick Return To Green

Confident that efforts will yield positive results in the “very near future”, the Thai tuna industry seems poised for a quick turnaround of its recent yellow card, and is already eyeing up its...

Vanuatu Pushes Up License Fees As Catches Drop

In a bid to increase revenue, but at the same time ensure long term sustainability of tuna resources, the license fees for the Vanuatu longline tuna fishery have been pushed up, during a...

Pope Called Upon To Tackle Tuna Working Conditions

The Pope has been called upon to intervene in issues related to the working conditions of Philippine-based tuna exporter, Citra Mina. The company has faced numerous allegations of giving...

FCF To Land First MSC Skipjack For PNG Processing

Taiwan’s FCF Fishery Company is set to land its first load of MSC certified skipjack tuna, as the raw material makes its way to Wewak, PNG for processing. The firm has said that the 290 metric...

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