News

Century Pacific: Impulsive Investors

Investor confidence in Century Pacific (CNPF:PM) has escalated, as shares in the company increase to their highest value since listing. Just as it seemed as though Philippine GSP+ had had...

The Mega Tuna Market That Shows Strong Recovery

As Thailand’s global canned tuna exports suffer a YoY drop, there’s one destination market where its products show strong recovery. The Arab World, the number one regional market for the Thai...

Tri Marine Seeks MSC For Southern Pacific Fisheries

Tri Marine has announced that it has entered into MSC full assessment for its purse seine catch of Western and Central Pacific skipjack and yellowfin tuna unassociated with FADs, and will be...

SOPAC Fleet Signs MoU With Pacifical/PNA On MSC Tuna

Press release just issued by South Pacific Tuna Corporation (SOPAC). South Pacific Tuna Corporation announced today that it has signed a memorandum of understanding (MOU) with PNAO/Pacifical,...

Bumble Bee Plan To Build New Loining Plant On Hold

Bumble Bee Foods, newly acquired by Thai Union, could be looking at a review of its plans for a new processing plant in Apia, Samoa, which appears to be taking some time. Last year the...

US Single Duty Quota Exhausted At Kick-Off

On January 2nd, the 2015 single duty tariff rate quota for canned tuna imports into the US opened. On that same date, the preliminary restraint limit was exceeded as soon as it kicked-off....

Aircon Used To Secure Tuna Workers?

On their return to work following the Christmas break, StarKist Samoa tuna cannery workers have arrived back to an aircon-fitted factory. Being an isolated territory with limited access to...

Could The US Fleet Get Some Fishing Days Back?

On behalf of Tri Marine International, American Samoa’s Governor, Lolo Moliga has said there are plans to revisit the Kiribati fishing days agreement in discussion with the Western Pacific...

Seasonal Food Safety Increase?

It has been an unusually quiet month for EU Rapid Alerts on tuna, with just one notification publicized since early December. It’s yet to be seen if this is due to a seasonal increase in food...

2015 EU Tuna Loins Quota Depleted In No Time

On January 1st, the new yearly quota for pre-cooked tuna loins became available to EU nations, enabling EU canners to acquire pre-cooked loins duty free, from anywhere. In 2013, this...

Low Tuna Price Gains Wiped Out By Weakening Euro

A member of the European Central Bank (ECB) governing body has recently said that the euro zone is experiencing a massive weakening in its economy, largely due to a slowdown in its biggest...

Purse Seiner Nets Banned

In the South of India it appears purse seining has been banned, as a group of fishermen in Tuticorin were fined and had their purse seine nets seized during a crackdown on illegal fishing this...

Tuvalu To Split VDS Income

The Tuvaluan government is set to establish specific allocations of the PNA Vessel Day Scheme (VDS) revenue among its outer islands. This way it spreads the wealth the country is reaping from...

No Gap On Ecuador Zero Duty

A regulation to allow Ecuador to hold onto its zero duty trade preferences with the European Union was adopted and published just in time. With an end of 2014 deadline on the nation’s GSP+...

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