The US price fixing scandal has shown how the canned tuna market in the country is an “oligopoly”, with the Big 3 brands dominating the concentrated market, according to a lawyer deeply...
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The US Canned Tuna Market: An Oligopoly?
The US price fixing scandal has shown how the canned tuna market in the country is an “oligopoly”, with the Big 3 brands dominating the concentrated market, according to a lawyer deeply...
FAD Concerns As Phil Fleet Gets Extended High Seas Access
The Philippine-flagged purse seine fleet is allowed to continue its exclusive access to High Seas Pocket 1 in the WCPO, at least for another year, a decision that has some concerned over the...
PNG-Based Canners Threaten To Close In Light Of Rebate Scheme
Six tuna cannery operators in PNG are reportedly discussing the potential of closing down their processing facilities, a direct reaction to the announcement today that the island nation’s...
PNG Launches A Revolution In Tuna Processing
Starting January 2018, no more discounted VDS fishing days will be offered in the PNG EEZ to any domestic or foreign flagged purse seiners, where linked to processors. Instead, in a mission to...
Is An IO Skipjack Quota Really Needed?
Purse seiners fishing in the Indian Ocean could face skipjack catch limits next year due to concerns over the stock status of the species. Although, with the stock still rated as green, there...
Target Buys Same-Day Delivery Service For $500M
One of the largest retailers in the US, Target, has bought the Alabama-based delivery startup Shipt for USD 500 million. The acquisition is hoped to strengthen the competitiveness of the...
Majority Bet On Chinese Firms To Outdo Thai Processors
Import data has shown that more Thai business is being taken by Chinese firms as US and EU buyers have been purchasing greater volumes of pre-cooked tuna loins from China. This comes as a...
Seychelles Gets Strict On Misreporting Amid New IO Quotas
With 2018 Indian Ocean tuna quotas now being considered, the Seychelles Fisheries Agency (SFA) is focused on ensuring there is no misreporting of catch from purse seiners, something it says...
Did Bangkok Face Raw Material Shortage This Year?
For several months of this year, WCPO boatowners reported very low catch rates and less raw material volume was heading to Bangkok. But did this mean Thai canners faced a supply shortage?...
Will US Businessman Save Mozambique’s EMATUM?
US businessman Erik Prince will invest in Mozambique’s EMATUM, the state-owned tuna fishing company funded by multimillion dollar loans, which pulled the poverty-stricken nation into great...
Revealed: The Rapid Expansion Of China’s Fleet
The expansion of the Chinese tuna fleet has long been talked about and parts of the industry grow increasingly concerned about what this means for their business and vital tuna stocks. The...
DOJ Indicts Alliance Execs For Withholding Financial Results
The Philippine Department of Justice (DOJ) has found probable cause to file charges against officials from the tuna canning firm, Alliance Select Foods International, due to their refusal to...
US Blocks Two Asian Exporters Over Hepatitis Fears
Two Asian fresh and frozen tuna distributors have been blocked from delivering their products to the United States, as several of their references were found to contain the hepatitis A virus....
3-Day WTO Talks End With No Ban On Subsidized Fleets
The World Trade Organization’s 11th Ministerial Conference has ended without reaching an agreement on the long disputed issue of fisheries subsidies, despite three days of negotiations. This...
Vietnam’s Processors Outperform 2017 Target
Tuna exporters in Vietnam have already outperformed the value goal set for their full-year 2017 shipments, having hit over USD 540 million by November. While high tuna prices will have had a...
Dongwon’s External Settlement Denied In Wrongful Death Case
The courts have refused a request from South Korean tuna fishing giant, Dongwon Industries, to force arbitration with the wife of a man killed on one if its seiners. Dongwon, which owns one of...
Nestlé & TU Promote Human Rights With Revamped Boat
One of the world’s biggest pet food companies, Nestlé, in collaboration with its supplier Thai Union, has refurbished a Thai fishing vessel to demonstrate adequate labor conditions for...
China Pledges To Limit Fleet To Avoid Subsidy Ban
Chinese officials have promised to limit the country’s tuna fleet to 2016 levels, just before members of the World Trade Organization (WTO) plan to discuss, and possibly eliminate, government...
What Holds Phil Canners Back From Bigger EU Business?
When the Philippines gained GSP+ status at the start of 2015, granting it zero duty trade with EU buyers, there was expectation from many that the nation’s processors would see strong and...