A market supply glut is causing Brent crude oil prices to plummet to shocking levels, the lowest witnessed in at least ten years. There are said to be winners and losers from the drastic...
News
Chicken Of The Bee: Logo Troubles Behind Abandoned Merger?
Amid allegations of price fixing, an anti-trust investigation and slavery in the supply chain, Chicken of the Sea owner Thai Union called off its planned acquisition of Bumble Bee Foods, and...
Call For Investigation Of Ministers Who Blocked Tuna Imports
With production reportedly running at just 30 percent of capacity Spokesman for a tuna cannery workers’ union, Roger Palacios, stated that the government has been feeding the public...
Thailand And China The Big Winners Of EU Quota Rise
Despite the EU Commission proposing for an unchanged volume, the Council of the European Union has just adopted an increase to the EU Autonomous Tariff Quota (ATQ) for tuna loins, which will...
Some Yellowfin Not So Migrative After All
Despite previous global tagging operations recording yellowfin as a highly migratory species capable of swimming hundreds of miles each day, scientists in the US have now found that in fact...
Bangkok Price Shatters Support Barrier
After tumbling to a major reference point late last month, the Bangkok skipjack price has now shattered the support barrier of USD 1,000 per ton, slipping below this major reference point. The...
Reinserting State Agency In Global Value Chains: The Case Of MSC Certified Skipjack Tuna
Authors: Steven Adolf, Simon R. Bush, Sietze Vellema Abstract: Partnerships play an increasing role in setting and enforcing certification standards like the Marine Stewardship...
What Could Happen If US Seiners Tie Up?
According to the World Tuna Purse Seine Organization (WTPO), the US fleet could have no option but to tie up most of its seiners next year, as it struggles to find an economically viable way...
How China Is Taking Over The Albacore Fishery
As concerns about the stock levels of southern albacore grow, China’s priorities and the concerns of those in the Pacific nations appear to be clashing, while the Asian nation expands its...
Stricter Rules For EU-Flagged Seiners In Foreign Waters
Authorities are intending to apply stricter measures on EU-flagged vessels fishing outside of Union waters, as the Commission proposes a new system to manage authorizations. The regulation...
EU Regrets WCPFC Failed On Bigeye
Following the close of the WCPFC annual meeting this week, the EU has released a strong position statement detailing its regrets at the lack of action taken to manage tropical tuna, and in...
Tri Marine Sucked Into Price Fixing Law Suits
Although at a slower speed, price-fixing lawsuits continue to pile up against US canned tuna brands, and after first being brought into the spotlight last month, Tri Marine’s name now appears...
TU Brings External Processing In-House, Reducing Risks
Thai Union has announced that it will be cutting ties with all external processors by the end of the year and will be moving its processing operations in-house to give the firm full control in...
Will WTPO Position Lead To A Reverse In Prices?
The WTPO believes the main problem steering the Pacific tuna fishing sector into crisis is the high cost of VDS days in the PNA not reflecting the market value of tuna. But, reactions to these...
Friction Between Pacific & China On Albacore
Wrapping up without an agreement to set an ideal stock level for southern albacore tuna, the WCPFC meeting has left behind ignition for conflict between Pacific island nations and China, as...
Lawsuit Against Bumble Bee Gets Go Ahead
A class action lawsuit against Bumble Bee Foods claiming that the company improperly labelled its canned tuna to promote health benefits it was not entitled to, has been given the go ahead to...
Tuna Industry Nation Faces Uncertain Economic Future
The American Samoa Government has made it clear that the country’s economy is in the midst of tough times, and is greatly suffering the effects of the closure of nearby fishing grounds to the...
IOTC Advertises For New Executive Secretary
Following the forced resignation of Rondolph Payet, who up until the end of October, held the position of IOTC Executive Secretary, the RFMO has now posted a Senior Level-Vacancy on its...
EU Deploys FADs In Somali Waters
This week it was revealed that the EU has completed the deployment of 25 anchored FADs along Somalia’s coastline, stating that the new devices are designed to boost the nation’s small-scale...
How Tuna Can Help You See
Eating tuna every day can help your eyesight, a new study has revealed, as the omega 3 it contains has been found to be highly effective in combatting the world’s most common eye complaint....