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...
News
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...
Over 1,500 Exhibitors Lined Up For The Seafood Expo Global
Seafood Expo Global, the world’s largest seafood trade fair, will bring together more than 1,500 exhibiting companies and associations from 76 countries around the world during its launch...
Sri Lanka’s Worst Economic Crisis Affecting Yellowfin Longlinging
Sri Lanka is facing its worst financial crisis in 70 years and crippling inflation has pushed the costs of basic goods such as rice and eggs to skyrocketing levels. The fuel price is surging...
American Samoa Fleet Begs For High Seas Access
Last month, the Western Pacific Regional Fishery Management Council (WPRFMC) agreed not to support the adoption of weaker hooks that could reduce the bycatch of false killer whales stating...
TUNACONS Positive About MSC Cert, Despite Skipjack Failing Assessment
Skipjack and bigeye in the EPO have been removed from the MSC certification of the Ecuadorian fishing group, TUNACONS. This was revealed by the Conformity Assessment Body (CAB), SCS Global...
Chinese Processors Conquered Italian Pre-Cooked Loins Market
As the overall total 2021 EU import of pre-cooked frozen tuna loins stayed more or less stable, Italian processors slightly increased their intake of yellowfin loins. The trend among EU...
StarKist’s Loss Of Class Action Appeal Could Lead To Tsunami Of Claims
A majority of a panel of judges in a Californian appeals court has ruled that the class certification for the multi-district lawsuit (MDL) against tuna companies for price-fixing shelf-stable...
CNPF Bottom Line Grew By 13% In 2021
Philippines food and beverage company, Century Pacific Food (CNPF), posted good earnings for 2021, boosted by an increase in sales in the fourth quarter. In a filing with the Securities and...
Spanish Canners Less Eager In Buying Loins From China
Spanish canners strongly reduced their buying of Chinese frozen pre-cooked tuna loins in 2021. They appeared to have learned a costly lesson during 2020 when they eagerly overbought loins from...
Too Much is Not Known About The Chinese Distant Water Fleet
A recent report points out the lack of transparency in the fishing activities of the Chinese Distant Water Fleet (DWF) and how it has a substantial presence in the waters of developing...
Eight Tuna Products Nominated For 2022 Seafood Excellence Global Awards
The organizers of the 28th Seafood Expo Global edition, which is taking place later this month (for the first time in Barcelona), have announced the finalists competing in the 2022 Seafood...
EU Considers Trade Tariffs As Roadblock Against Illegal Immigration
The European Commission (EC) is considering revoking special trade tariffs for countries that are not accepting their citizens back, who are illegal immigrants in the EU. If the executive...
High Fuel Costs Forcing SKJ1.8:BKK Towards USD2,000 Barrier
The soaring fuel prices that are hitting seiner operators are having a clear impact on the price of a ton of frozen whole round skipjack in Thailand’s processing hub. Processors see no...
First Bluefin Catch Of The Season Reaches Finish Line
Taiwan Pingtung County’s traditional first tuna bluefin catch of the season was brought into port yesterday. The prize was awarded to the first boat which landed a bluefin weighing a minimum...
Nostalgic Tuna Commercial And More Social Trends
A behind-the-scenes documentary of the funniest, wittiest, and most sentimental anecdotes in commercials that were popular decades ago in Ecuador was recently released. And it began with the...
EU Alerts: Mercury Levels Lead Italian Notifications
Last month, Italy alerted most of the notifications issued by EU countries, and this was mainly due to mercury detection in thawed yellowfin tuna loins. Two alerts concerned high levels of...
Shanghai Kaichuang’s 2021 Net Profit Surged By 35%
Major tuna company, Shanghai Kaichuang Marine International Co., Ltd (SKMIC) has released its 2021 results and the company’s bottom line surged by 35.26 percent year on year to reach CNY 191...
Koreans Operate The World’s Most Productive Seiners
There are 23 flagged state purse seine fleets operating in the WCPFC convention area, and their productivity shows a large variation. The top 10 fleets netted 56 percent of the total tuna...