A tuna importer located in Queens, New York, has received a warning from the US Food & Drug Administration (FDA) on concerns of insanitary frozen bigeye tuna. In June, the FDA conducted an...
News
Tsukiji’s New Year’s Bluefin Nearly $800 Per Kg
The world’s largest fish market has held its final New Year bluefin tuna auction at its Tsukiji location in Tokyo. An impressive JPY 36.5 million (USD 323,000) was paid by the owner of an...
US Access Driver Behind First Costa Rican Tuna FIP
A new Fishery Improvement Project (FIP) in Costa Rica’s EEZ, covering catches of pelagic species such as yellowfin, has recently been announced; the first venture of its kind for the country....
Despite FAD Challenges, Ecuador’s Fleet Expects 2020 MSC
Satisfied with the extent of progress so far, the majority chunk of the Ecuadorian purse seine fleet, currently involved in a Fisheries Improvement Project (FIP) in the EPO, is expecting to...
Will Brazil’s EU Export Ban Impact Tuna?
Brazil’s government has put a temporary ban on fish exports from the country to the EU, as food safety regulation audits conducted by the European Commission revealed several issues in the...
EU Albacore Sales: Lower Tonnage Drives Higher Prices
Sales of Northern Atlantic albacore tuna, or Bonito del Norte, in major EU markets were lower in volume terms in the first three quarters of 2017, despite the major fleet, Spain, having...
Bangkok SKJ Quotes Slide As 2018 Starts
On the back of stronger catches and limited demand at the close of 2017, the Bangkok skipjack price has slumped again as the New Year starts. There is a general bearish mood in the market....
Seiner Helicopter Makes Unexpected Rescue During Tuna Search
Helicopter pilot, Isaac Harrison, flew over the Western Pacific as he searched for schools of tuna, but the search soon turned into a rescue mission as he spotted a stranded family. The...
Finnish Imports Rebound, Thai Canners Biggest Winners
Finland’s canned tuna imports recovered in the first eight months of 2017, climbing back up after a 2016 slump. The biggest tonnages came from Thai and Mauritian processors, who year on year...
Settlement Reached In US Longline Human Trafficking Case
Two Indonesian fishermen have reached settlement on a lawsuit which was filed against the owner of a US tuna longliner, at an undisclosed sum. The men claimed to have escaped from the ship...
UK Millennials Drive Demand For MSC Tuna
The Marine Stewardship Council (MSC) has found British millennials are more likely to opt for sustainable seafood products compared to those over the age of 55. These products include canned...
Could EU FTA Lead To Massive Thai Seiner Fleet Expansion?
The EU has given signs Free Trade Agreement (FTA) talks with Thailand could be restarted, raising concerns over the increased competition it may bring to the EU tuna market. Some have...
IO Seiners Back Out, But For How Long?
Spanish and Seychelles flagged purse seiners operating in the Indian Ocean are back out fishing, after being tied up in port during the last weeks of 2017. Many of these seiners left port...
Raw Material Price Pressures Knock Princes Profit
The UK arm of Mitsubishi Corporation, Princes Limited, has recorded a heavy profit drop for the financial year ending March 31st 2017. It cites raw material price pressures, but also currency...
PNG To Regret Rebate Scheme For Local Processing?
Following PNG’s announcement to bring an end to its discounted fishing days, and instead financially reward tuna firms that process tuna on PNG soil, six tuna cannery operators on the island...
Dongwon’s Controversial Pacific Breeze Files For Bankruptcy
Dongwon Industries’ subsidiary firm, Pacific Breeze Fisheries LLC, has filed for bankruptcy in the US Bankruptcy Court for the District of Delaware, noting its total liabilities at USD 11.4...
IO SKJ Quota A Necessary Move, Majority Say
Expectations of the first ever skipjack catch limit for the Indian Ocean purse seine fleet have since been confirmed by the IOTC. Still, there have been questions around the necessity of this...
Strong South American Business Recovers Jealsa’s Sales
One of Spain’s largest tuna companies, Jealsa, is expecting to close its 2017 books with a turnover of EUR 600 million (USD 723 million), its President Jesús Manuel Alonso Escurís...
US Vessel Caught With “Paper Captain”
The US Coast Guard has allegedly found a foreign national working as the captain of a US flagged vessel in Hawaiian waters. After a 10-day long patrol and boarding six Hawaii longliners, which...
The Top 10 Tuna Stories Of 2017
At the close of an exciting year for the tuna business, packed with news and developments regarding every corner of the sector, a few topics are dominating the list of the most read stories of...