News

PNA Extends Extra Charge For FADs

Last week marked the close of the annual PNA Ministerial meeting, and as well as agreeing on the new VDS benchmark price for 2017, officials came to a number of key decisions on the management...

ASEAN Market Most Promising For Vietnam

Vietnam tuna exports to the Association of Southeast Asia Nations (ASEAN) have emerged as the most promising, at a time when shipments to other major markets like the US, the EU and Japan have...

More Control Needed Over Tuna Dollar Flow

The Marshall Islands, home to one of the largest tuna transshipment ports in the WCPO, is calling for better management of its revenues earned from the sale of fishing licenses under the PNA...

Govt. To Cut $200 Price Tag For Tuna Can

The Venezuelan government is working together with tuna processors to repair the deficiency of tuna cans and get the price of tuna in the country back down. Venezuela’s Minister for Fisheries...

Albo Buy Ignites Share Surge For Chinese

Buying Spanish brand Albo has been a big hit with investors, as Shanghai Kaichuang’s (SK) publically listed shares soar to one of the highest peaks of the last five years. In June this year...

Tuna The Biggest Loser In UK Seafood Sales

UK sales of ambient tuna have decreased at a heavier rate than other popular canned fish products on the market, like salmon and mackerel, according to recent data from Nielsen Research...

Indian Vessels Watched, Sanctions Threatened

Indian state, Tamil Nadu, has threatened its fishermen with sanctions should they stray from their EEZ and across International Maritime Boundary Lines (IMBLs), after the Indian Ocean Tuna...

Tax Break For Ecuador’s Tuna Exporters

The government is offering tax breaks to some groups of exporters within Ecuador, including canned tuna producers, after a substantial strengthening of the US dollar hit their competitiveness...

No End In Sight To Indonesia’s Hardline Tactics

Indonesia intends to continue its purge of boats that have been found illegally fishing in its waters, by sinking up to 71 vessels on the national Independence Day. The vessels facing the...

FAD Control At The Core OF PNA Plans

Last week marked the close of the annual PNA Ministerial meeting, and as well as agreeing on the new VDS benchmark price for 2017, officials came to a number of key decisions on the management...

Japanese Eye Foreign Markets For Fully-Farmed Tuna

The Japanese seafood company Maruha Nichiro is looking to start export of fully farmed bluefin tuna from 2018, with the US and Europe eyed as potential markets. The company has been selling...

Bangkok SKJ Price: A Market On Summer Break?

For around a month now the Bangkok skipjack price has hovered at a steady level, as trading remains relatively slow in the Thai capital, during the summer holiday season among EU and US-based...

Where Thai Union Makes Most Profit

Contributing around 70 percent to TU’s gross profits from tuna in the first quarter of this year, branded sales from the likes of John West, Chicken of the Sea, Petit Navire and more, are...

MSC Tuna Absent From Rio Menu

MSC has announced that over 70 tons of seafood that carry sustainability certification will be served at the 2016 Rio Olympics, thanks to a commitment from the Olympic Organizing Committee....

ADB Moves To Cool VDS Friction

The Asian Development Bank (ADB) has explained that the section of its July edition of Pacific Economic Monitor regarding the Vessel Day Scheme (VDS) of the PNA was externally sourced, and is...

Could Counterfeit Tuna Be Fooling US Consumers?

According to a new book looking at “fake foods” in the United States, seafood is the most commonly mislabeled product on the US market and consumers are often sold a different fish from what...

The Worst-Case Scenario For TU

Following Tesco’s announcement that from today it will delist around 20 percent of John West products from its UK stores, leading analysts in Thailand have stated what they believe is the...

Tuna Bond Investors May Sue Mozambique

Some holders of Mozambique's restructured "tuna bond" have hired a law firm to explore suing the government and banks Credit Suisse and VTB. Investors claim that they were not informed about...

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