Oman’s state-owned SIMAK, formerly known as International Seafood Company, officially inaugurated the commercial production of tuna and other seafood in Duqm. A new line of canned tuna...
News
WCPFC Adopts Historic Crew Welfare Standards At Annual Meeting
The WCPFC 21st Regular Session concluded today in Fiji with the Commission adopting a landmark binding measure to improve labor and crew welfare and interim standards for electronic monitoring...
Dardanel Will Partly Fall In Foreign Hands
Turkish canned tuna firm Dardanel Onentas Gida Sanayi will get a foreign investor as a shareholder. The family-owned holding aims to sell a part of its shares but will remain the major owner...
Vietnam Tuna Export Value To Hit USD 1 Billion This Year End?
Vietnam’s tuna sales to global destinations witnessed exponential growth this year which would be reflected in its year-end export value. The Vietnam Association of Seafood Exporters and...
WCPFC Makes Progress But Keeps Adoptions For The Last Day
The WCPFC meeting will conclude tomorrow and over the weekend, progress was made on the interim management of South Pacific albacore and dolphin bycatch. No adoptions have been announced yet....
Canned Tuna Value To See Billions Of Dollars Growth By 2031
The canned tuna market size is expected to grow exponentially by 2031 owing to health-conscious consumer trends, globalization, and innovative product developments. The US and Europe will...
Maltese Bluefin Farmers Express Concern Over Dwindling Export Value
Maltese bluefin fattening farmers have no reason to rejoice as the export value of their product has plummeted over the past two years. Leaning onto a large outlet market has proved to be...
Major Global Highlights November 2024
November was a crucial month for the two major tuna RFMOs – WCPFC and ICCAT. WCPFC meeting is ongoing and will conclude tomorrow, while ICCAT was held last month and drew important conclusions...
Two Pacific Island States Sign US Tuna Treaty
The Marshall Islands and Palau signed the Memorandum of Understanding with the US for the South Pacific Tuna Treaty (SPTT) on Friday. The ceremony by Ministers of both countries and the US...
Coper & Inpesca Come To An Agreement For Atunlo
For months Spanish tuna loins processor Atunlo and fishing company Inpesca have been at loggerheads over the bankruptcy proceedings and restructuring of Atunlo. The latest news is that the two...
EPO 2024 Catches On Track To Break All Records
Unprecedented volumes of skipjack throughout most of this year have pushed total EPO tuna and tuna-like species catches to the highest level ever recorded. From January to September there was...
EU Vessels Landed Less Fish In 2023 But Value Increased
Eurostat last week published the data of tuna and seafood catches by EU-flagged vessels in 2023. Spain, which has the largest tuna fleet in the EU caught, at 21 percent, the most tuna and...
Will Trump’s Proposed Tariffs Affect US Canned Tuna Consumers?
Newly elected US President Donald Trump will take over his duties on January 20, and this could likely stir the global tuna and seafood industry. On November 25, Trump proposed a 25 percent...
Vietnamese Company Issued FDA Warning Over Histamine In Yellowfin
The US Food and Drug Administration (FDA) recently sent a warning letter to Vietnamese-based tuna processor Golden Shrimp Seafood Joint Stock Company for selling “adulterated” yellowfin...
WCPFC Meeting Begins With Strong Emphasis On Crew Rights & Climate Change
The WCPFC kicked off its 21st annual meeting in Suva, Fiji, today with key figures in the industry pointing out several critical issues that the Commission needs to address such as harvest...
SKJ1.8:MNT Price Continues Soaring
Skipjack raw material value traded in the Manta processing hub has risen as veda continues. Despite the reduction in large purse seiners fishing in the EPO, supply and demand are almost in...
Galapagos Artisanal Fishers Say “Balanced Tuna Fishing Approach” Critical
A group of artisanal fishers from Galapagos in Ecuador have come together to ask authorities to address the challenges that they face in the sector. They requested Inés Manzano, the Minister...
Manta Pole-And-Liner Restored But Sector Faces Challenges
Pole-and-line boats used to be a regular sight in Manta when the tuna boom began seventy years ago and over time, large industrial purse seine vessels became more prominent. But a newly...
Thai Canneries Cut Back Raw Material Trade With Smaller Suppliers
Thai producers purchased 17 percent less frozen tuna in the first nine months of this year from smaller suppliers than in the same period in 2023. Several fleets lost business with the...
American Samoa Gets FFA Observer Status
American Samoa was recently granted observer status in the Pacific Islands Forum Fisheries Agency(FFA). Taotasi Archie Solilai, Director of the American Samoa Department of Marine Wildlife and...