News

Somalia Steps Forward Objecting To IOTC FAD Ban

Somalia has objected to the IOTC FAD rule that was put in place last month. The nation (with a small artisanal fleet) did not specify why it objects to the proposal. In its letter, Minister of...

Korean ‘Sun Flower 7’ Left Thailand Voluntarily

The Thai Department of Fisheries released a statement clarifying some misrepresentations regarding the Korean-flagged reefer carrier ‘Sun Flower 7’. The officials investigated the origin of...

Yemen Tuna Export Ban Likely To Be Null And Void

The government of Yemen halted all exports of fresh fish due to a shortage in the local market and soaring domestic rates. But the Arab nation will likely have to lift the ban as fish prices,...

TU Gives Red Lobster Half Year To Stop Bleeding Money

US restaurant chain, Red Lobster, has been bleeding money which has been eating into Thai Union’s profits. In February, the world’s largest tuna company revealed that it lost THB 1.21 billion...

Italy’s Canned Tuna Imports Booming

Canned tuna demand in Italy soared last year as traders and retailers massively increased their imports year on year. In 2022, EU canned tuna imports hit a peak of 546,872 M/T, with nearly...

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