Japanese seafood company Maruha Nichiro reported its highest-ever sales and operating profit from April through December 2022. The profitability of its skipjack business has improved. Higher...
News
EU Canned Tuna Buying Hits Peak, Worth EUR 2.8B
European traders and retailers once again increased their buying of canned tuna in 2022 and they turned more to sellers outside the EU to meet their needs. The booming EU canned tuna import...
Tuna Businessman’s Passing Away Leaves Future Of Koo’s Fishing Uncertain
Taiwanese businessman and independence activist, Koo Kwang-Ming, passed away on February 27. The 96-year-old was the founder of Koo’s Fishing Company Ltd (KFCL), registered in the Marshall...
RD Fleet Missing From PNA Vessel List
The Parties to the Nauru Agreement (PNA) recently released a list of purse seiners that signed up for VDS fishing days in its waters. It is considerably shorter and lacks the RD Fishing...
New Smuggling Tactic, Cocaine Found In Tuna Cans
After one year of investigation, the Spanish Civil Guard seized 2,458 kg of cocaine hidden in tuna cans from a container shipped from Ecuador. What started as following a criminal network...
Maldives Slowly Recovered After A Collapsed Q3
Maldives experienced mixed developments for its exports in the last three months of 2022. According to the Maldives Monetary Authority (MMA), processing companies in the archipelago purchased...
Dongwon Steps Into Veganism, Launches ‘My Plant’ Line Of Products
After much speculation on its release date, Dongwon F&B announced the launch of its ‘My Plant’ food line with plant-based tuna and other vegan items on March 7. The new brand – with the...
UN Inks Historic High Seas Treaty But Tuna Sector Might Not Rejoice
After a rocky ride and almost two decades of negotiations, UN member states settled on a historic agreement that will protect marine diversity in the high seas. The deal was finalized late...
Blow From Dolphin Tail Turns Fatal To Fisher
In an attempt to free three dolphins from a seiner net, a Mexican fisherman who jumped into the water was hit on his head by the tail and did not survive. The purse seiner ‘Conquista’, owned...
SKJ1.8:BKK Pushed Higher As Skipjack Supply Weakens
After more than a month of relatively stable pricing, the level at which frozen whole round skipjack in Bangkok is traded has risen sharply, mostly driven by the abysmal supply. Sources said...
NOAA Rejects Proposal To Alter Hawaii MPA Fishing Rule
The 194th annual meeting of the Western Pacific Regional Fishery Management Council (WPRFMC) is approaching. NOAA has blocked an attempt by the Council to allow the sale of fish caught inside...
Ghana Sees Technology As The Way To Get EU Yellow Card Lifted
Ghana is gearing up its Electronic Monitoring System (EMS) to achieve 100 percent transparency across its commercial fisheries by 2025. The African country's fleet will make full use of modern...
Third Seiner Added To Algerian Tuna Fleet
Algeria wants to expand its fishing sector and ordered a new seiner. Corenav – a private shipbuilding and repair company – built the 35-meter seiner named 'Wafid Zinedine'. It was launched at...
Liancheng Launches Two Plastic-Enforced Tuna Vessels
Chinese-owned Liancheng Overseas Fishery (FSM) Co. Ltd bought two new fiberglass reinforced plastic longliners. The company is a subsidiary of Luen Thai Group. The vessels are installed with...
Suspense For Higher Catches Drives Seychelles Skipjack Price Up
In the first two months of the year, the Indian Ocean seiner fleet landed 40 percent less cargo in Seychelles and Mauritius than what was expected. The poor catch is making the industry...
Outrage Over Calvo Tuna Price
After a recent social media post went viral, Spanish shoppers have shown their outrage to German supermarket chains Lidl and Carrefour-owned Supeco for charging a higher price for Calvo tuna...
Taiwanese Fishing Vessel Saves Crew Of Sinking US Longliner
Six fishermen heaved a sigh of relief last Thursday. Their tuna longliner 'Sea Smile' sank 545 miles (878 km) southwest of Hawaii, but the crew was rescued by a Taiwanese vessel. The US Coast...
Kenya Shocks By Objecting To IOTC FAD Ban
On March 2, Kenya delivered the jaw-dropping news of informing IOTC that it will not be following the Commission’s FAD rule that was put in place last month. It called into question the...
ISSF’s New 5-Year Plan Focuses On MSC & FIPs Sourcing
The International Seafood Sustainability Foundation (ISSF) published its five-year strategic plan this week. One of its goals is to ensure that by 2027, its members source from tuna fisheries...
Continuing Drop In Sunflower And Soy Oil Prices Good News For Tuna Processors
Sliding vegetable oil prices are great tidings for the global canned tuna industry which was burdened by elevated rates in its supply chain for most of 2022. Last year's fourth quarter showed...