News

US Fleet Ocean Switching: As Easy This Year?

The legitimate practice of switching from one ocean to another, and subsequently skipping conservation measures, could prove more difficult for the US purse seine fleet this year. FAD bans and...

Tuna Policy Top Priority In PNG Govt. Formation

As a new government is being formed in Papua New Guinea, Prime Minister Peter O’Neill, who at this stage is likely to remain in this position for another term, says that he will put...

IATTC To Finally Progress On Bluefin Ban?

Mexican groups are voicing concerns to the Inter American Tropical Tuna Commission (IATTC), as its annual meeting continues in Mexico City. Their major ask is that crucial decisions are made...

DOJ Defends Major Reduction On Bumble Bee Fine

When pleading guilty to conspiring to fix prices of shelf-stable tuna on the US market in May, Bumble Bee agreed to pay a criminal fine of USD 25 million. The Department of Justice (DOJ) is...

Chinese Tuna Leader Seeks $1 Billion Investment

Major Chinese tuna firm Zhejiang Ocean Family, parent company of Ningbo Fengsheng, is looking for investors to finance a USD 945 million seafood processing and trading hub on the nation’s east...

Alliance Select Slices Share Value In Half

As part of an equity restructuring program aimed at wiping out its current deficit, Philippine tuna canner, Alliance Select Foods International, is cutting the par value (face value) of its...

Spanish Canners Forced To Accept Lower EU Prices

After struggling in the EU market earlier in the year, Spanish canners are increasing their canned tuna exports to other member states again, with stronger demand in Italy playing a...

EU Fleet Wants Stronger Presence In Indian Ocean

The EU tuna purse seine fleet wants to expand its opportunities and presence in terms of Indian Ocean access, and has called on the European Commission to adopt more fisheries agreements in...

The Asian Nation Making Serious Gains In US Market

A larger US market share has been commanded by tuna canners in Vietnam, which have upped their shipments to the nation considerably, at a time when other major US suppliers have seen their...

Investors Less Confident In TU’s New Reforms

The loud applause given to TU’s “game-changing” tuna supply chain reforms, at the hands of a strong Greenpeace campaign, is not continued with investors, and the firm’s share price has dropped...

Sharp Drop In UK Imports

Sales reports on the UK market have shown almost continuous decline in terms of the retail canned tuna segment in recent years, and imports by buyers in the country are reflecting the same...

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