News

Somalia Latest IO Nation To Object To Yellowfin Plan

Somalia is the latest country to have joined the list of those opposing the quota cuts for yellowfin as proposed by the new rebuilding plan that was adopted by IOTC members in June. Last week,...

FCF Wants A Second MSC Cert Covering All PNA Zones

Taiwanese tuna trader, FCF, has announced that it will be entering assessment to get another MSC certification within the WCPFC convention area. This time it involves the Nauru skipjack,...

EU Alerts: Rio Mare Tuna Recalled In Croatia & More

In August, the Rapid Alert System for Food and Feed (RASFF) received alerts for six tuna-related incidents in the EU. The notifications ranged from transportation issues to non-declared...

Spanish Seiners Allowed To Share IO Yellowfin Quota

For the second year in a row, the Spanish fleet in the Indian Ocean (IO) will be allowed to share the country’s tuna quota. Boat owners fear that their vessels will fail to exhaust the...

How Much Greenwashing Is There In The Tuna Sector?

Investments in sustainable projects are growing around the world and by 2025, Assets Under Management (AUM) financed globally in such funds and portfolios could reach USD 53 trillion. As this...

WCPO 2020 Seiners Catches Fall By 9%, P&L Nosedived

Global tuna catches in 2020 were down mainly due to an 11 percent volume drop from the WCPO area. This was the result of lower purse seine skipjack landings as well as pole-and-line and...

EU Markets Start Showing Signs Of Recovery In Q2

The canned tuna trade skyrocketed last year but has not been able to maintain those same levels in 2021. During the first half of the year, EU purchases fell enough to put them at their lowest...

Thai Union Changes Songkla Cannery’s Name

Today, Thai Union informed the Thailand Stock Exchange and its investors about the name change of its subsidiary plant, Songkla Canning. As of September 1, the new name is i-Tail Corporation...

Fire Destroys Nearly 20% Of Frabelle PNG Plant

Yesterday, a fire broke out in Frabelle Group’s tuna processing facility in Lae, Papua New Guinea (PNG), damaging some areas.  Francisco Tiu Laurel Jr., President of Frabelle Group, told...

FADs For Super Seiners Cause Of IATTC Failure

The IATTC meeting finished last week and members did not manage to see eye-to-eye on new conservation measures for tropical tuna in the EPO. However, multiple sources that attended the meeting...

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