Rising fuel costs are causing a massive headache to the Basque purse seiner fleet. Its boat owners are unhappy with authorities providing foreign-flagged vessels a discount for diesel, while...
News
No-Drain A Way To Reduce Oil Costs Of Canned Tuna?
Global canned tuna processors are facing high costs along their supply chain – from more expensive raw material to skyrocketing prices of edible oils, freight, and steel plates. Given that...
Japan Wants Access To Tuna Rich PNG Waters
A meeting between representatives of Japan and Papua New Guinea last week resulted in plans for both nations to participate in joint future tuna fishing development projects and construct a...
Strong Dollar Exchange A Heavy Burden For EU Tuna Importers
The strengthening of the US dollar is continuing and it is close to parity with the euro. The value of the dollar has risen 16 percent compared to last May. Together with higher prices for raw...
High Traffic Pacific Skipjack And Yellowfin Migration Routes Identified
Researchers from the University of British Columbia (UBC) have pinpointed high-traffic routes of tuna and other pelagic species in the Pacific Ocean. They found many migration routes of...
Thiraphong Becomes New Chair Of Thai Union Group
Thai Union Group has announced that its CEO, Thiraphong Chansiri, will be the Chairman of the Board effective immediately. The company notified the Stock Exchange of Thailand (SET) on May 9...
Pinsa’s Tuna Seiner Sinks After Alleged Malfunction
A purse seiner in Mazatlan sank last Friday after an alleged malfunction on the boat while it was fishing. After a call for help came from the crew of ‘Azteca 7’, 'El Duque' a seiner also...
Thai Union’s Q1 2022 Net Profit Drops 3.2%
Thai Union experienced significant canned tuna and seafood sales in the first quarter of this year, which pushed its net profit to THB 1.7 billion (USD 49.2 million). However, this was 3.2...
450 Million Views For The Super Tuna Song
The Super Tuna song video by Korean singer Jin has become a huge hit on social media. It is loved worldwide and has hit number one on several music charts. Jin’s legendary funny choreography...
Will The Indian Ocean Soon Have A 3-Month FAD Closure?
Last year, there was a furious debate over the reduction in drifting FADs (dFADs) and several coastal states squared off with distant water fishing fleets over the issue. However, even talks...
Drone Fishing Could Harm Ecosystem
Drones equipped to throw out a line with bait can reach fishing grounds about 850 to 900 meters away from the shore or fishing boats. That is why the UN FAO considers them dangerous as the...
IO Island Nations And Europêche United To Resist Tuna Catch Cuts
Delegations from the fisheries ministries of four Indian Ocean (IO) island nations and Europêche representing the EU fishing companies met in Seychelles last Thursday. They exchanged ideas to...
Tuna Scandal Defense Lawyers Unimpressed By Delay In Evidence
Defense lawyers of companies embroiled in the Mozambique USD 2 billion scandal have said that the country’s public prosecutor’s office (PGR) has had years to bring proper evidence against the...
EU & Maldives Recommend IO Skipjack Reduction For Major Fleets
A major discussion at the upcoming IOTC meeting will be about ensuring that fishing nations do not exceed their skipjack catch limits in the Indian Ocean. The EU and Maldives have proposed...
O3C Lab Opens For Omega-3 Oil Innovations
The Omega-3 Centre of Excellence (O3C) has opened its modern laboratory for refining Omega-3 oils to interested companies for collaboration in exploring the applications of the oil for infant...
Mexico Allocates Bluefin Quota For 2022
Mexico has allocated its fleet an allowable catch volume for bluefin of 3,824 M/T for 2022. The Ministry of Agriculture and Rural Development is following the recommendation of the IATTC,...
Record Q1 Yellowfin Catches In EPO
While poor fishing conditions in the EPO were given as a reason for the increase of the Manta skipjack price, IATTC catch data over Q1 2022 shows the opposite, with skipjack catches being...
Century Stock Recovering From 25% Crash
Yesterday, Philippines’ leading tuna processor, Century Pacific Food (CNPF) reported its Q1 numbers revealing a ten percent increase in both turnover and net income. The company’s share went...
FCF Adds Another WCPO MSC Certification To Its Collection
Taiwanese tuna trader FCF is now also going for MSC certification for the Nauru Skipjack, Yellowfin, and Bigeye Tuna Purse Seine Fishery. The conformity assessment body (CAB), SCS Global...
Ecuador’s Yellow Card Lifted By November?
The EU carried out an audit last week in Ecuador to verify the progress and compliance with the nation’s action plan to lift the fisheries' yellow card. Considering the response received, the...