There were major developments in the tuna world in July. The price of skipjack being traded in Bangkok began rising while EU companies making purchases in USD suffered a big hit when the value...
News
EU Alerts: Yellowfin Consignment From India Rejected
July was a comparatively calm month for the EU Regulatory Rapid Alert System for Food and Feed (RASFF) regarding tuna-related incidents. It could also be related to many inspectors taking...
Seychelles’ Yellowfin Price Breaks Records, Skipjack Slightly Up
Deals for whole round frozen yellowfin reached a peak and skipjack at the Indian Ocean (IO) port in Seychelles have been closed at a slightly higher price than last month. Expectations are...
WCPFC To Hold Science Dialogue Over Skipjack Management
In late August, the WCPFC will be holding for the first time a Science-Management Dialogue (SMD01) regarding the harvest strategy approach, and prioritize and identify management procedures...
IATTC To Elect New Director Today As Meeting Is Set To Kick Off
Today, one of the most important happenings during this week's IATTC annual meeting will take place. Delegates will elect a new Director in an extraordinary session after almost two years...
Purse Seiner Helicopter Crew Killed In Accident
An offshore accident has cost the lives of three helicopter crew members, when the machine failed to take off from a purse seiner. According to Ecuadorian sources, the tuna vessel was fishing...
Philippines Tuna Sector To Meet After 2-Year Hiatus
The Philippines tuna sector will once again be gathering face-to-face this September after a two-year pause due to the global pandemic. The 22nd National Tuna Congress and Trade Exhibit will...
Brussels Not In Touch With Common Sense Over Purse Seine Fishing
The European tuna fishing industry has a serious bone to pick with EU authorities regarding the margin of tolerance regulation. The Spanish Fisheries Confederation (CEPESCA) is the latest...
2021 One Of The Worst Years In A Decade For Seiner Captains
Recent data shows that 2021 was one of the worst catching years in a decade for WCPO seiner crews. There was already a decline in 2020 tuna catches but overall volumes fell even further in...
WCPFC Challenged On Vague Human Rights Language
Two NGOs want RFMOs to have clear and specific terms when it comes to crew rights. In a joint letter to the WCPFC, Human Rights at Sea (HRAS) and WWF have expressed their concerns regarding...
EU Pushes For Strict Measures On EPO Tuna Longliners
One of the main topics at next week’s annual meeting of the IATTC will be regulating longliners. The EU and Ecuador especially want member countries to get serious about imposing control over...
Major Commodities That Inflated Canned Tuna Costs Relaxing
The canned tuna sector has been facing increased costs since the beginning of the year but with the fluctuating global demand and supply for commodities, there have been price changes for...
Will EPO Seiners Soon Be Forced To Switch To BioFADs?
Biodegradable FADs are high on the agenda of the 100th IATTC meeting which will start next week - in person for the first time in two years. Several organizations, NGOs, and groups have...
Will The Strong Dollar Slow Down EU Zone Tuna Consumption?
Economists from all sides are warning us about uncontrolled inflation, especially within the European market. Part of this inflation is caused by the rapid weakening of the Euro against the US...
FAD Ban Effect Starts Pushing SKJ1.8:BKK Quotes Up
After two months of sluggish skipjack trading activity in Bangkok, the price for the whole round frozen raw material is seeing a slight increase due to rising demand from processors while the...
New MSC Standard Provides Certified Fisheries A Parachute On HCRs
The new MSC Fisheries Standard includes requirements for certifications to incentivize the adoption of harvest control rules (HCRs) across all RFMOs they are involved with. One of the main...
Will Recessionary Dynamics Also Hit Global Tuna Demand?
The recessionary dynamics have hit major farmed salmon and shrimp seafood commodities, two strong tuna competitors, in the worldwide seafood market. The demand for these aquaculture products...
Indonesia Insists On Zero Tariff To Conquer Japanese Canned Tuna Market
Indonesia has requested, once again, that Japan lowers its import duty for Indonesian canned tuna so that it can have easier access to the Japanese market. Without the tariff elimination,...
Holding Capacity Of EPO Seiners Reaches A Historic Peak
The EPO fleet's potential capacity has reached its highest level to date, but it is already almost fully utilized. The addition of several purse seiners and recently updated information on the...
Koreans Have To Pay 10 Pct More For Their Favourite Tuna Can
Dongwon, Korea’s number one tuna brand, will be raising its consumer store price for canned tuna products by 10 pct, according to retail industry sources. This increase will take place as of...