The Usufuku Honten fishery is getting close to becoming the first bluefin fishery to be MSC certified. However, the World Wildlife Fund (WWF) has formally objected to the certification saying...
News
Bumble Bee Bonuses To Top 3 Execs Will Be Considered At Sale Hearing
A US bankruptcy judge approved all Bumble Bee’s bonuses and incentives programs for its top performing employees. However, she refused any payments to three high ranking unidentified...
P&P Profits On The Rise
In 2018, the profit and turnover of Dutch fishing company Parlevliet & van der Plas (P&P) continued to grow. However, the dividends paid to the shareholders were less than those in...
Cash Rich FCF Robust Enough To Shoulder USD 930 Million For The Bee
Taiwanese tuna trader FCF is in a healthy position to purchase Bumble Bee, according to the company’s declaration in the US bankruptcy court in Delaware. This comes on the heels of the trader...
Encounter New Innovative Technologies At The Americas Tuna Conference
The latest on fishing data and packaging technology will be displayed at the the third edition of Atuna’s Americas Tuna Conference, taking place in Panama in just two weeks. Maxar Marine...
Townspeople Cut Up Balfegó Bluefin Washed Up On Shore
One farm belonging to Spanish bluefin company Balfegó was hit by the Gloria storm, which also has claimed the lives of at least five people since it started last Sunday. The affected facility...
Port Lincoln To Celebrate Tuna Fishery In Australia
Port Lincoln is gearing up for this year’s Tunarama Festival, which will run for four days starting January 24. Some of the highlights of the festival include the World Championship Tuna Toss,...
EPO Veda Prevents Harvesting Potentially Over 100,000 M/T Of Tuna
This week the 148 purse seiners that took part in the second veda in the EPO left port to resume their tuna fishing activities after the closure period ended on January 19. The ban was...
StarKist Requests More Time In Dolphin-Safe Case
StarKist and its parent company, Dongwon, have asked for an extension in their deadlines in order to respond to an amended complaint that plaintiffs have brought against the two in a...
Chicken Of The Sea Should Pay More Says Judge
A US district judge has denied a deal between tuna company Chicken of Sea and a class of commercial food preparers over price-fixing of canned tuna in the country stating that...
Balfegó Presents World’s First Bluefin Cocktails
Balfegó, one of Spain’s leading bluefin tuna companies, has unveiled three utterly unique beverages that mix gastronomy and cocktails by using bluefin. The innovative project looks to...
EU Parliament Approves Fisheries Agreement Acts With Guinea-Bissau
On January 21, the EU Parliament’s Committee on Fisheries recommended approving the legislative acts on the conclusion of the new fisheries agreement between the EU and Guinea-Bissau,...
Navimon Receives 3 New Tuna Longliners
New Caledonia-based tuna vessel operator, Navimon, has received its three new 21-meter longliners from French shipbuilder, PIROU. The boats ‘IAAI’, ‘NENGONE’, and ‘PAICI-CEMUHI’ were unloaded...
Main Asia Pacific Importers Drop Canned Tuna Volume In 2019
Japan and Australia are the leading countries in the Asia Pacific (APAC) for importing canned tuna in 2019. In total, these two nations hold 65 percent of the market share in the region....
Mozambique Could Receive Millions For Damages In Tuna Scam Case
The Mozambican government filed a lawsuit to nullify the USD 622 million loan for ProIndicus, a stated-owned security firm in charge of monitoring the nation’s waters. Now a UK...
148 Purse Seiners Back To EPO After Veda Ends
The IATTC’s second purse-seine fishery closure of 2019 in the eastern Pacific Ocean (EPO) ended this week and vessels are now allowed to resume their fishing activities. A total of 57.8...
Will DOJ’s Objection Postpone Bumble Bee’s Sale To FCF?
It is a waiting game this week to see if the sale of Bumble Bee to FCF will go through without delay due to the objection put forth by the US Department of Justice (DOJ). The Taiwanese trader...
Readers: Split Expectations For 2020
The expectations of our readers for this year are divided. The majority of our members are split between three options. Some of them feel worried about what 2020 has in store for...
Atuna Poll: Will FCF Make Policy Changes At Bumble Bee?
Today’s news that Fong Chu Formosa (FCF) is the successful bidder for Bumble Bee makes it more likely that the Taiwanese trader will become the new owner of US seafood giant...
FCF Designated Successful Bidder For Bumble Bee
Taiwanese trader, Fong Chu Formosa's (FCF) stalking horse bid on Bumble Bee has been designated as the “Successful Bid’ in the Chapter 11 sales process after no other bidders emerged. On...