Artisanal tuna fishermen in the Indonesian provinces of Papua and Maluku Islands depend on middlemen to survive when their tuna catches are low. With loans strangling them, these moneylenders...
News
FFA’s Unveils New User-Friendly Website
The Pacific Islands Forum Fisheries Agency (FFA) launched its newly designed website, which it claims is more user-friendly, has updated content, and provides better engagement and outreach....
IO Industrial Seiners Largely Fish Around Madagascar & Seychelles
Industrial purse seine vessels flagged to the EU and other fleets have a slight variation in the areas where they fish for skipjack, yellowfin, and bigeye in the Indian Ocean (IO) . The...
US Canneries Critical For Big Three’s Sourcing
In 2022, the total tuna market was worth USD 2.22 billion with 40 million cases of products sold and the US Big Three represented 78 percent of the business. They needed 307,000 M/T of the...
Thai Union Net Profit Suffers From Fall In Ambient Tuna Sales
Thai Union Group reported THB 33.92 billion (USD 952.98 million) for its third quarter earnings, driven down by reduction in worldwide sales of ambient tuna and seafood. The net profit...
Vietnamese Vessels Increased IUU Fishing In The Pacific Ocean
A recent report from the Vietnamese Ministry of Agriculture and Rural Development (MARD) revealed there has been a significant rise in IUU activities of the country's tuna and seafood fishing...
Innovation & Sustainability Key To Increasing Tuna Consumption
Thousands of new tuna products are launched each year and Mintel Group, a global market research firm states that there is room for more innovation. Brands also need push pass barriers of...
Thai Producers Lose Substantial Business In North American Markets
The Americas region imported the lowest level of canned tuna from Thailand in the first nine months of 2023 in a 5-year period, driven down by the sharp fall in buyer demand from North...
World’s Most Aerodynamic Car Inspired By Tuna
Chinese automaker Chery Automotive unveiled an electric car inspired by the streamlined and hydrodynamic nature of a tuna. It claims that it is the most aerodynamic car globally. The car...
Thai Union Family Member Wants Soccer Club Fans To Raise USD 2.4 Mln
Dejphon Chansiri, owner of English soccer club Sheffield Wednesday, has asked its fans to raise GBP 2 million (USD 2.4 million) to “save their club” by paying an outstanding tax debt to the...
MSC Scope Extension For Basque Traditional Albacore Fishery
Spanish North Atlantic Albacore Artisanal Fishery is applying for an MSC scope extension for the fishing area of its two gear types, pole-and-line and trolling. The species and the 27 vessels...
UK Consumers Increased Thai Canned Tuna Buying
Almost one-fifth of global Thai canned tuna exports were delivered to smaller destinations in the first nine months of this year. However there was a slight fall in trade to these markets...
WCPFC Members May Revise Tropical Tuna Measure
Members may agree on a revised tropical tuna measure in the WCPFC when they meet during the annual meeting in December in Rarotonga, Cook Islands, according to the Commission’s Executive...
Galician Tuna Loining Firm Actemsa Struggling Financially
Another Spanish tuna company is facing financial difficulty and has filed for pre-bankruptcy. Family-owned Actemsa based in A Coruña, Galicia, submitted the notice on October 27. It produces...
Dongwon F&B Profits Continue To Grow In Q3 With Strong Tuna Sales
Dongwon F&B sold more products in the third quarter of this year compared to 2022 with a massive jump in its net profit. The company recorded a consolidated turnover of KRW 1,207.5 billion...
Spanish Seize 500 Kg Of Illegal Bluefin
The Spanish police seized illegally caught bluefins weighing over 500 kg in total at the Port of Tarifa on Tuesday. The Civil Guard Nature Protection Service (SEPRONA) intercepted a minivan...
Panama Canal Once Again Slashes Ship Crossings, Ecuador’s Exports In Limbo?
October was the driest month since 1950, revealed the Panama Canal Authority (ACP) on Tuesday. The drought caused by the El Niño phenomenon has impacted the Panama Canal’s reservoir system...
Major Global Tuna Highlights October 2023
In October, trade for frozen whole round skipjack picked up in major trading and processing hubs. Tuna companies such as Princes Group and RD revealed major upheavals in their businesses....
Thai Canned Tuna Exports Slide Amid Massive Drop In Trade With Egypt
Thai canned tuna exports to global destinations continued to fall in the third quarter of this year given the reduced purchasing by several major markets. Egypt’s economic situation has...
OPAGAC To Replace 12 Percent Of Its Crew With Young Talent
The Spanish purse seiner fleet, grouped under OPAGAC, is looking to hire 300 “medium and high-qualified professionals” over the next five years under a program called ‘EmpleAtún,’ which...