October 1st 2013 was the day a massive destruction of value within tuna supply chain started. Much comparable to the crash of Wallstreet in 2007, prices of skipjack started a very rapid...
News
Pesca Azteca Receives New Seiner “Tamara”
A 79 meter tuna seiner has joined the fleet of Mexican fishing company, Pesca Azteca. The company, boasting an already 20 vessel-strong operation, received the delivery of the “Tamara” seiner,...
Have Spain And Italy Resolved Their CO Conflict?
For the first time since August 2013, a whole month has gone by without a new Italian issued notification of CO treated tuna exported from Spain. An on-going battle between Spanish exporters...
Century Pacific Gets Nod On April IPO
The go-ahead has been given to Century Pacific Food Inc. as it increased the size of its planned April IPO. This month’s P3.32 billion (USD 73.68 million) IPO has been given the nod from the...
Saupiquet Wants To Reinvent Tuna Salads
With a fresh new range of canned tuna and vegetables, French tuna brand, Saupiquet, wants to reinvent the tuna salad. Bringing its ‘Les Saladières’ product line to the shelf, the brand that...
Severe Weather Conditions Flood Center Of Western Pacific
Severe and dangerous weather conditions have hit the Solomon Islands’ capital city and are only expected to become more aggressive over the coming days. Satellite imagery posted by NOAA...
Sea Shepherd Moves To West Africa On The IUU Hunt
The controversial anti-poaching group, Sea Shepherd UK, is about to start a campaign to fight illegal fishing. The marine conservation society, well–known through the Discovery TV...
Retailers Want No More Tuna From Belize And Guinea
With the European Union blocking tuna coming from IUU branded countries Belize and Guinea, AMS, a large buying group of European retailers, has announced a refusal of catch certificates from...
Why The World Skipjack Price Will Rebound
With plummeting world market prices for skipjack tuna occurring over recent months, which have now dropped as low as USD 1,180 per ton in Bangkok, many industry players wonder how long prices...
UK Tuna Labelling Laws To Be Tightened
UK seafood processors are to be hit with stricter labelling laws designed to improve the traceability of their products. From December this year, heightened regulations on defrosting,...
Thiraphong: Results In Line With Expectations
Thai Union is hitting its 2014 targets, as the company announces first quarter business results that have met expectations. According to Chief Executive, Thiraphong Chansiri, TUF expects...
MSC Revokes Chain Of Custody Certification Of Fishery
The MSC has suspended the chain of custody certification of five companies for failure to respond to requests of the assessment board. After contacting 75 chain of custody certified Pollock...
Fair Trade Goes Also Into Sustainable Fisheries Standards
Fair Trade USA wants in on the sustainable certification business and has announced its planned creation of the first Fair Trade Capture Fisheries Standard. The organization that works to...
Old Fashioned Technology Slows Down Vietnam
Old fashioned technology in tuna fishing, processing and distribution is slowing down Vietnam’s growth. This is according to Nguyen Ngoc Oai, Deputy Head of the General Fisheries Department,...
Thai Union’s Next Acquisition In Ecuador?
President and Chief Executive of Thai Union, Thiraphong Chansiri has hinted at a possible acquisition in Ecuador. Speaking at a press conference he said that he would be spending more time...
Sri Lanka To Host Next IOTC Meeting
Colombo, Sri Lanka, will be the host city for the 18th annual meeting of the Indian Ocean Tuna Commission. The annual meeting, this year held from 1st to 5th of June, will take place in Sri...
EPO Skipjack Catches Significantly Down
Skipjack catches in the EPO for the first two months of this year are significantly down from the same period in 2013. Landings of this species by purse seiners and pole and line vessels in...
Oceania Exporters To EU Are Underperforming – Exports Fall
After a strong 2012 revival, exports of canned tuna from Oceania nations to the EU are falling back again. With Papua New Guinea accounting for 98 percent of the region’s canned tuna exports...
Income Guarantees For Pole And Line Tuna Fishermen
Pole and Line tuna fishermen in the Maldives are being offered income security as part of a government scheme. The Ministry of Fisheries and Agriculture has compiled procedures under which...
Fast Warming Of Waters Driving Tuna Towards The Pole
The fast warming of waters off the eastern Australian coast are having significant effects on the marine eco-systems, according to scientists. Tuna species in the ocean area are being driven...