Conxemar is adamant about winning the trade show battle against Seafood Expo Global, which next year will also take place in Spain. In the past, the Vigo fair stated that two seafood events of...
News
La Niña Pushes EPO Catches To 10-Year Q3 Peak
Despite reports of low catches in the EPO, IATTC data shows that the cumulative captures up to the end of the year’s third quarter (Q3 2021) have reached the highest point in at least the last...
Will WCPFC Agree On HCRs In Upcoming Meeting?
The lack of harvest control rules (HCRs) in the WCPO has been a hot topic for years now. However, the issue has become even more urgent after MSC released an official warning in July to...
Maltese Fishers Unhappy With Tuna Firm For Paying Tunisian IUU Fines
Maltese fishermen are miffed with their government’s decision to have given too low a fine to two Tunisian-flagged IUU fishing vessels. They are also unhappy that these boats' fine was paid...
Thai Union Launches Second Set Of Sustainable Bonds For USD 182 Mil
The Thai Union Group is getting into the swing of blue financing and has issued another set of bonds but only one of the sustainable targets, which will affect investor interest rate, has to...
IATTC Second Veda Starts On Heels Of Poor EPO Fishing
This past Tuesday, the second IATTC fishing closure of the year started in the EPO. This means that around 130 purse seiners with capacity from 182 M/T and up will have to stop operations for...
112 Concerned Tuna Supply Chain Players Urge HCRs In WCPO
A total of 112 companies including the world’s largest global retailers, tuna brands, and fishing firms have written to the Heads of Delegations of the WCPFC. They are urging them to...
US Q3 Canned Imports Back At Pre-Pandemic Level
Trading data from the US continues to confirm the early expectation that canned tuna deliveries were going to experience a decline in 2021. This was after markets took in record-high...
Judge Rules Manuel Chang Extradition To US For Tuna Scandal
A South African federal court has ordered the extradition of former Mozambican Finance Minister, Manuel Chang, to the US to face corruption charges for his role in signing off on USD 2 billion...
RD Fishing Tuna Supply Chain First To Get Best Seafood Practices Cert
The 12 tuna fishing vessels forming the fleet of Filipino company RD Fishing Group have recently become the first purse seiners to be certified by the Responsible Fishing Vessel Standard...
MSC Wants Stakeholders’ Opinions
The Marine Stewardship Council (MSC) has announced that its Stakeholder Survey is open and has stated that it wants perspectives on the organization. This includes its priorities, the value of...
Heavy Q3 Skipjack Buying By Thai Canners, Despite Falling Sales
Thai processors have been buying much more raw material than in the previous years. Their cumulative Q3 purchases of whole round skipjack in particular drove the frozen raw tuna imports to the...
FisheryProgress Considering FIPs To Adopt Their Own Labor Code
The global platform for Fishery Improvement Projects (FIPs), FisheryProgress, is deciding whether companies and fleets can keep their social policies and programs but be evaluated under its...
Tax Benefits Driving Spanish Tuna Fishers Away?
Tuna crews in Spain's Canary Islands are choosing to work for vessels flagged to other countries. The talent drain has been attributed mainly to a Spanish policy that provides income tax...
Californian Consumers Now Say Subway Tuna Contains Meat
In a third and flimsy attempt, two Californian consumers have once again alleged that tuna sandwiches from Subway are not filled with actual tuna. This time they claim that the food contains...
Tuna Fishing Around Japanese Island Hit By Rock Problem
Volcanic rocks are creating havoc for the tuna sector at Okinawa Island in southwestern Japan. Massive amounts of pumice stones have drifted ashore and this has been hampering tuna fishing....
Empress Canned Tuna Brand Gets New Owner
The American canned tuna brand, Empress, has a new owner as the Japanese conglomerate Mitsui sold it to the US Gellert Global Group. The transition was part of a deal closed last week which...
Thai Union’s Q3 Canned Tuna Sales Revenue Declines
Thai Union (TU) recently released news that its net profit dropped by about six percent while sales increased for all segments in the third quarter of this year (Q3 2021). On the other hand,...
Vietnamese Firm’s Exports To US Soaring Despite COVID-19 Waves
The Vietnamese tuna company, Binh Dinh Fishery Joint Stock Company (BIDIFISCO), has all hands on deck preparing for end-of-the-year shipments, the majority of which is headed to the US. Its...
Purse Seiner Operators Facing The Highest Fuel Cost In More Than 1 Yr
Global oil prices have once again climbed over USD 80 per barrel, continuing the trend of such high values for energy throughout the year. WCPO purse seiner owners are now facing peak fuel...