News

Kiribati’s “Force-Out” Of US Fleet Confirmed

In what was described as a shock move by Kiribati, the Pacific Island nation broke regional collaboration and announced it would only offer 300 fishing days to the US/FFA Treaty deal. The...

Italian Market Appears To Shrink

According to Eurostat data, Italy’s tuna trade with the rest of the world has had some interesting turnarounds and it appears that the ever adapting Italian market has been repositioning its...

Firm To Invest 100 Million In American Samoa Plant

A Filipino engineering company is set to invest millions of dollars in a fresh venture planned for American Samoa. The new plant, expected to create up to 1,000 local jobs, will likely have...

Armon Delivers Second Azteca Seiner

Pesca Azteca, part of the Pinsa Group, recently had its second due purse seiner delivered from the Armon shipyard in Vigo, Spain. Pesca Azteca, the largest Mexican fleet operating in the...

Manta Skipjack Price Drops 20 Percent

There has been a declining trend on the Manta (SKJ1.8:MNT) market recently, with the whole round skipjack price falling rapidly. In just one month, the price per ton has plummeted by as much...

Anfaco Denies Requesting Higher Loins Quota

This week, various Spanish press outlets reported that Anfaco-Cecopesca, the Spanish National Association of Manufacturers of canned seafood, had issued a request for an increased duty-free...

Kiribati Forces US Seiners Out, Drops Bombshell

Just shortly after the announcement that the USA and the FFA had signed a new US Tuna Treaty, a move by Kiribati has caused shock reactions throughout the tuna industry. The nation with the...

Italian Alerts On Mercury A Non-Tariff Barrier?

Italian health officials submitted three notifications in the past month to the RASFF Portal on tuna products; all three instances alert the European Commission of unauthorized mercury levels...

Tropical Canning Shares Keep Up High 1 Yr-Return

Following bullish behavior on the Bangkok Stock Exchange in recent months, shares in Tropical Canning Thailand have sustained significant strength, giving investors a positive +63.88 percent...

FADs In Philippines’ EEZ Steadily Rising

Within the Philippines’ 322km EEZ, there are as many as 3,000 to 5,000 FADs. This is according to statistics compiled by the Alliance of Tuna Handliners and Greenpeace. The data shows that the...

PNG Increases Days For New Domestic Ventures

In a bid to increase the domestic processing of tuna caught in PNG waters, the National Fisheries Authority has announced that fishing days for 2015 will be increased in the country’s EEZ for...

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