Thai Union Group’s second-quarter turnover was much improved from the slow start in 2023 but it was still a far cry from its performance in 2022. Its canned tuna business saw very modest...
News
Costa Rican Govt Sells USD 1.2 Mln Tuna Quota
Costa Rica has licensed three foreign-flagged purse seiners to fish in its waters, and in return, receives USD 1.2 million destined for the Costa Rican Fisheries and Aquaculture Institute...
Court Will Not Penalize Plaintiff & Counsel In Subway “No Tuna” Lawsuit
Subway Restaurants will not be getting its way to penalize a plaintiff who brought a lawsuit against it for claiming that the company does not have tuna in its sandwiches. A Californian...
Vietnam Inks Deal On Duty Free Tuna Exports To Israel
Under the deal signed on July 25, Vietnamese tuna products are now subject to zero import tariff to Israel. This new pact is expected to boost the annual bilateral trade by...
US NGO Wants “Unconditional Observer” Status At WCPFC For More Transparency
The WCPFC has two crucial meetings coming up this year – the Technical and Compliance Committee session in September and the annual Commission gathering in December. Newly founded...
Dongwon F&B Beats Profits Expectations
Dongwon Food & Beverage, leading in the domestic canned tuna market, published its first half-year numbers. The expectations for the turnover and operating profit of the second quarter...
Vietnam Loses US Tuna Steak Orders To South American Competitors
Vietnamese tuna exports plummeted dramatically by 31 percent in the first half of 2023. The Vietnam Seafood Producers and Exporters (VASEP) attributed the decline to high raw material prices...
Azores Limits Skipjack Landings For Warehouse Modernization
The Azores, an autonomous region of Portugal, is limiting the skipjack (also called bonito regionally) landings due to the “modernization of its Madalena do Pico warehouse.” This is...
Tuna Boat’s Heroic Rescue Of Australian Sailor And Other Social Media Trends
The heartwarming rescue story of a 51-year-old Australian man, Timothy Shaddock, and a stray dog Bella who was with him at sea continues to circulate on social media. Timothy and...
IOTC Allots Higher Yellowfin Catch Limits For Seychelles And China
The yellowfin catch limits for 2023 have been re-estimated after the 27th Session of the IOTC meeting held on July 26. China and Seychelles were allocated an additional 377 M/T and 1,145...
Shanghai Kaichuang Forecasts Net Loss Due To High Tuna RM Price
Chinese stock-listed tuna and seafood fishing company Shanghai Kaichuang Marine International expects a loss for the first half of the year driven by poor tuna fishing and an increase in raw...
Dongwon Eyeing Acquisition Of Leading Korean Shipping Company
Dongwon Group is a possible buyer of the number one Korean container transportation and shipping company HMM, formerly known as Hyundai Merchant Marine. Acquiring HMM would have a massive...
Hagoromo’s Newly Launched Products Will Not Have Tuna
Japanese company Hagoromo Foods Corporation has been traditionally selling canned tuna under the brand 'Sea Chicken' for nearly a decade. It will now be utilizing a different fish for its new...
Fishermen In South Indian State Strike Against Illegal Seiner Nets
A group of fishermen from 21 coastal hamlets in the southern state of Tamil Nadu in India are urging the regional government to curb the illegal use of purse seiner nets in its territorial...
Small-Scale Philippines Fishers Pin High Hopes On New FADs
A group of small-scale fishermen in the Philippines Northern Samar region hope to boost their tuna production with new deep-sea tuna fishing nets and FAD sets from the Bureau of Fisheries and...
Thai Union Reduced MSC Tuna Intake In 2022
Thai Union Group reduced its MSC tuna sourcing but increased the volumes from fishery improvement projects (FIPs), according to its latest Sustainability Report 2022. The information comes on...
North And South Pacific Albacore Harvest Strategies Priority At IATTC Meet
The IATTC annual meeting will begin within a week. One of the main demands put on the table by stakeholders from the tuna industry and NGOs is to include harvest control rules (HCRs) for North...
Global Transshipment Operations Mainly Carried Out By Panama & Taiwan Carriers
Global tuna commissions have strict rules regarding at-sea transshipments but they differ between the RFMOs. A new study says that carriers flagged to a small group of countries are carrying...
Mozambique President Allegedly Took USD 11 M In Bribes In Tuna Scam
The lawsuits revolving around USD 2 billion “hidden debts” scandal, which includes USD 850 million in tuna bonds, in Mozambique appear to be never-ending. This conspiracy tanked the country’s...
EU Alerts: Eight People Poisoned By Histamine In Frozen Tuna
Only three tuna-related incidents were reported in the EU Regulatory Rapid Alert System for Food and Feed (RASFF) in July. On July 5, frozen tuna from Colombia, Italy, and Spain were placed...