As 70 percent of the Philippines’ EEZ resource is considered overfished, the government has announced plans to establish vital reforms for the country’s major commercial fisheries. With the...
News
How Will Manta Affect The Global Skipjack Price?
In line with a modest dip in the Bangkok skipjack price, deals in Ecuador’s tuna processing hub have also been concluded at slightly lower levels, with both markets now moving fairly in tune....
Another Major Delay On Tsukiji Tuna Market Move
Tokyo’s famous fish market, Tsukiji has now been given the green light to relocate to a new site in October 2018 at the earliest. This is almost two years after the initial moving date was...
EU Tuna Demand Propped Up By Fresh & Frozen
The overall consumption of fish and seafood products in the EU increased last year according to a new report. Although specific consumption figures for tuna are not revealed, imports give...
$115 Million Recovery In Dongwon Stock Market Value
After slumping to a year low earlier this month, Dongwon’s stock market performance has regained substantial pace, with investor confidence now showing considerable strength. In the last two...
180kg Headless Tuna Dumped In US Woodland
A headless bluefin has been recovered from a woodland area in the city of Gloucester, Massachusetts by Environmental Police, and the origin of the tuna remains a mystery as investigations...
Vietnamese Processors Initiate Yellow Card Action Plan
Vietnamese seafood processors have developed an action plan to contribute in fighting the illegal practices in the country’s fisheries industry, which led to a yellow card warning from the...
Vanuatu Brings EMS On Board To Protect Observers
Vanuatu’s Fisheries Department has started trialing Electronic Monitoring Systems (EMS) as a way of overseeing vessel activity. The implementation of the scheme means that observers can stay...
China’s Ocean Family Launches 2 New Seiners
Chinese tuna firm, Zhejiang Ocean Family, the parent company of Ningbo Fengsheng, has added two new purse seine vessels to its fleet this month. Zeng Yue Xiang, the General Manager of Ocean...
Dongwon & TU The Focus Of New Price Fixing Complaints
More US retailers are stepping up to claim that the US Big 3 brands conspired to fix canned tuna prices for more than 10 years, but the major focus is on the parent firms of two of those...
Bad Catch Sees Bigeye Replaced With Bluefin In Japan
Substantially higher prices are being paid for bigeye tuna in Japan, caused by a slump in volumes caught in the Pacific Ocean, and the impact is being felt among both buyers and consumers in...
Marquesas Longline Fishery Expansion Protests “Unjustified”
An investor in a fishing project in the Marquesas Islands, a group of volcanic islands in French Polynesia, is defending the establishment of a tuna longline fleet in the archipelago and...
Despite Supply Shortage, IO Prices Expected To Follow BKK
Although concern over supply shortages among Indian Ocean canners is heightening, one major IO boatowner says that the general expectation is that regional prices will soon decline somewhat,...
300kg Bluefin Enjoys Meal In Salmon Farm
Salmon farmers were tasked with catching a large Pacific bluefin tuna after it had made an appearance in one of their pens - creating a “feeding frenzy” and enjoying the enclosure’s...
Rising Oil Prices Less Impactful In Current Tuna Market
At the current level, crude oil prices are at their strongest in over six months, and most analysts are forecasting further rise to come. Although at this height, boatowners face bigger fuel...
Greenpeace USA Wants Firms To Be “Comprehensively Responsible”
In its latest ranking of US foodservice firms in relation to their sustainable seafood policies, NGO Greenpeace USA states that “flawed” eco-certifications like MSC do not guarantee that a...
US Seiner Fleet “Under Siege” From PNA And WCPFC
The US tuna purse seine fleet has been described as “under siege” from regional groups due to the management of Pacific waters, by an American Samoa fisheries official. As a result, he is...
Thai Union Prized For Corporate Sustainability
Thai Union has been handed a Top Corporate Sustainability (CSR) prize at the Asia Corporate Excellence & Sustainability Awards (ACES). The acknowledgement comes at a time when the firm is...
Concerned IO Canners Push For Extra Derogation From EU
Although the EU has not yet responded to the request, there is a continued push from Mauritius-based tuna canners to gain an enhanced trade benefit with the bloc, considering the supply...
ISSF Canners Can Now Only Buy From ISSF Companies
Participating companies of the International Sustainable Seafood Foundation (ISSF) will be facing stricter recommendations on their tuna purchasing as part of a new conservation measure. It is...