EU inhabitants paid nearly 11 percent more for their tuna and seafood products in June 2022 compared to last year due to high inflation. The region's tuna processing sector is also facing a...
News
Thai Canners Increase Foothold In Africa, Despite 24% Higher Prices
Thai canned tuna business with the African continent has been growing steadily over the past five years. Trade with the Egyptians and the Libyans remains strong while Libyans have the highest...
Insurance Payout Prevents Jealsa From Losing EUR 38 Million
On May 8, 2021, the 11,000 square meter tuna processing complex of the canning and energy group Jealsa S.L. in the Spanish town of O Bodion (Boiro) caught fire. This was a dramatic event...
Lack Of Transparency Leads To Misinformation Says Seychelles Minister
Seychelles Minister for Fisheries and Blue Economy, Jean-Francois Ferrari, has said that work at the IOTC is a collaborative effort and “a lack of transparency can therefore contribute to...
Will Inflation Boost Canned Tuna Sales?
Global inflation is driving food prices and living expenses. US retail chains Walmart and Target recently reported that inflation is already affecting their customers’ buying behavior. They...
Zhonglu Builds Ocean Tuna Innovation Industrial Park
Publicly listed Chinese tuna company, Shandong Zhonglu Oceanic Fisheries Co Ltd, plans to fund the construction of an Ocean Innovation Industrial Park with CNY 960 million (USD 139.27...
COFACO’s Tuna Workers Announce Strike Over Low Wages
The union, SITACEHT/Azores, representing workers of the Portuguese canned tuna and seafood firm COFACO, has announced a strike beginning September 1. The protests will take place on Mondays...
TU Shareholders Invited To Nominate Successor For Founder Chansiri
Leading up to next year’s annual meeting, Thai Union invites its shareholders to submit agenda points and nominate a new Director for its Nomination, Remuneration, and Corporate Governance...
Dry Container Rates Improving But Reefer Situation Precarious
In what can only be described as good news for the canned tuna industry, global container shipping rates continue to fall. Meanwhile, the price of shipping goods via reefers has risen, which...
INFOFISH TUNA 22 Announces Expert Speakers
With just a few weeks left until the 2022 INFOFISH World Tuna Conference & Exhibition in Bangkok starts on October 10, the organizer has released the complete list of speakers. Based...
Philippine Tuna Congress Pushes For A Department Of Fisheries
General Santos will host the 22nd National Tuna Congress and Trade Exhibit in the Philippines from September 1-2. The tuna industry will resubmit its request for a separate Department for the...
Readers: Lischewski Should Not Be Sued Personally For Price-Fixing
When Chris Lischewski is released in November, he will be sued in a civil suit in California. The judge reopened the case after he initially made the mistake of quashing it. Atuna asked its...
Euro Value Drops Through Parity Barrier To USD 0.99
Since the euro and the US dollar reached parity for the first time in 20 years on July 13, the currencies value has been moving near equality. But since August 22, the euro has lost its...
Fuel Cost Slide Reverses, While Skipjack Catches Are Disappointing
Benchmark oil prices have started to increase again and predictably, fuel for fishing vessels also rose. This is happening at a time when skipjack prices are much better than they were two...
Outcry Over Venezuelan Seiner Allegedly Fishing Illegally In Colombian Waters
A social media outcry has begun in Colombia after artisanal fishermen in the Chocó Department in the country's west accused a Venezuelan-flagged seiner of fishing illegally in a marine...
American Samoa Gets Limit For Bigeye LL Catch
The National Marine Fisheries Service (NMFS) has allocated 1,500 M/T of bigeye for American Samoan longliners. The arrangement supports the long-term sustainability of resources in the US...
PAFCO Tuna Under Threat From Foreign Products
The Pacific Fishing Company (PAFCO) in Levuka, Fiji, fears that the Pacific Island Countries Free Trade Agreement is increasing foreign canned tuna brands on local supermarket shelves. The...
New FFC Chair Dreams Of Tuna Cartel
Ribanataake Tiwau, the newly appointed Chair of the Forum Fisheries Committee (FFC), of the Pacific Islands Forum Fisheries Agency (FFA), has said that he has “a dream that one day our...
H1 Exports To North America Stable, But Thais Missing Deals In The South
Thai processors have been losing H1 business in the Americas mainly due to the drop in shipments to the South American nations. Trade with North American buyers has held steady over the years...
Maldivians Have 100 Names For Tuna In Their Food Culture
The Maldives has a centuries-old tradition of tuna fishing. It is an integral part of their existence. Over decades, their culture and diet developed, revolving around eating tuna. The fact...