The President of the Peruvian Chamber of Tuna (CPA), Alfonso Miranda Eyzaguirre, has warned that 20,000 jobs in the tuna sector are in danger from a new law that imposes taxes on foreign...
News
Oman Invests Millions In Yellowfin Fattening Farm
Oman will be the first to start a yellowfin fattening project to supply the global market with high-quality tuna. Yesterday, the Ministry of Agriculture, Fisheries, and Water Resources (MAFWR)...
Chair Chansiri Resigns To Prevent Negative Impact On Thai Union
On Monday, in a letter to the Stock Exchange of Thailand (SET), Thai Union said that it “seriously conducted [a] fact-finding investigation and found no evidence indicating any insider trading...
Chinese Lanrun Group Expanding Tuna Processing Hub
Shangdong-based Lanrun Group has resumed its tuna processing production for global exports after its operations were affected by the COVID-19 pandemic. It has also been making great efforts to...
Insider Trading Fallout, Thai Union Stock Loses 15%
On the heels of Thai Union Group’s Chairman and several other executives being sanctioned by the Securities and Exchange Commission (SEC) for insider trading, investors have been dumping the...
Lack Of Crew Keeps Vietnamese Tuna Boats In Port
Tuna vessel owners in the major provinces of Vietnam are either having to sell their boats or keep them in port because of a labor shortage. Many are complaining that there are simply not...
Philippine And PNG Fleet To Extend Their MSC Certification
A little less than two years after the PNG Fishing Industry Association (FIA) received its MSC certification for the country’s EEZ and Archipelagic Waters (AW), the fishery is now aiming to...
Tri Marine Longline Albacore Fishery A Step Closer To Certification
Tri Marine is inching closer to another MSC certification. SCS Global Services, the Conformity Assessment Body (CAB) published the Public Comment Draft Report for the Atlantic Albacore...
Atunlo’s Dismissal Of 14 Workers Angers Union
Workers of the Atunlo O Grove processing plant protested at the gates yesterday afternoon, demanding the company reverse its decision on dismissing 14 employees without notice last week. They...
Seiner Fuel Prices Fall But Market Volatility Remains
Oil prices are extremely volatile at the moment amidst supply concerns and a ban on Russian crude. Gas prices for purse seiners have dropped slightly but energy experts are uncertain about...
Weeks With No Catch Makes Manta Skipjack More Expensive
Since the beginning of 2022, skipjack catches in the EPO have been below last year’s levels which in turn were already significantly lower than those of 2020. Poor landings have pushed the...
Dongwon Faces Lawsuit Over Undervaluation Of StarKist
Minority shareholders are considering filing a lawsuit against Dongwon Group over the plan to merge Dongwon Industries with unlisted Dongwon Enterprise on October 1, 2022. They claim that the...
Our Ocean Conference Kick-Starts In Palau
The Our Ocean Conference started today in Palau and will run until April 14. The nation is co-hosting it with the US. Palau's Minister of Agriculture, Fisheries, and the Environment, Steven...
Despite More Deliveries, Italian Import Market Remained Low In 2021
Last year, most canned tuna suppliers to the Italian market started to recover their business after suffering a big hit in 2020. Despite this, imports remained on the lower side of the scale...
Tuna Skin Leather Shoes?
The skin waste from processing sustainable and responsible fished tuna has found a second life in ‘Pantuna’ tuna leather. Seafood company Barba and leather tanning firm Megisserie de la...
Scandinavian Tuna Buyers Diverting Their Sourcing To Europe
For a long time, canned tuna buyers in Denmark, Sweden, and Finland have been focused on sourcing their needs from Asia and particularly Thailand. However, a trend to source more products from...
Japanese Bluefin Farming In Stage of Revolutionary Transformation
The Japanese bluefin farming sector is going through a transformation. In 2021, eighty-eight companies operated 187 aquaculture bluefin farms, two less than the previous year, yet increased...
StarKist Valued At Zero, Shareholders Revolt, Stock Dumped
The minority shareholders in Dongwon Industries flocked to sell their shares after the announcement of the merger between the company and its unlisted holding company Dongwon Enterprise. These...
Tuna Traceability In EU Agreements Still Has Many Weaknesses
Product traceability is the backbone of control and transparency, and therefore an important component of the EU’s SFPAs (Sustainable Fisheries Partnership Agreements). However, despite all...
New Director For Europêche’s Tuna Group
Europêche, the leading trade body representing the fishing industry in Europe, has appointed Anne-France Mattlet as Director of its newly founded Tuna Group, which has been set up to advocate...