News

New IUU Penalties On Tuna Close To $1 Million

Fishermen in the Philippines are protesting the introduction of a new law which will see fines for IUU violations rise to up to PHP 45 million (USD 974,000). Under new regulations, which will...

TUF Exceeds Expectations With Q2 Profit

Despite posting a YoY drop in its second quarter profit, Thai Union has confidently exceeded analyst expectations. TUF posted a Q2 net profit of THB 1.41 billion (USD 40.08 million), smashing...

GenSan Tuna Display Awarded Guinness World Record

Guinness World Records has officially recognized a huge display of more than 25,000 kilograms of fresh yellowfin tuna as the largest simultaneous display of fish in the world. The official...

Phil Canned Tuna Exports Nearly Double

Dramatic export climbs saw the Philippines’ global canned tuna shipments surge a massive 98 percent last year, shooting up to more than 58,500 tons of finished product. And this is only...

Bumble Bee Pays Out Millions Over Tuna Retort Death

Setting a milestone in the Californian criminal prosecution system, Bumble Bee Foods will pay out USD 6 million for “willfully violating worker safety rules”, according to the LA County...

Spanish Canners Want Equal EU And US Import Tariffs

Aspiring to level the playing field across the Atlantic Ocean, Spanish tuna processors are calling for equal EU and US tariffs on canned fish and shellfish. The sector argues that the 35...

The Incentive Gap In Indonesia’s Fisheries

Published last month, a new report has been released that investigates the regulatory oversights and poor management which are linked to Indonesia’s tuna industry, despite it being one of the...

Minority Shareholders Block Alliance Offering

Alliance’s plan to ramp up USD 22 million in fresh funds has been pushed off course, after minority shareholders filed a letter of complaint to block proceedings. With just days to go until...

Could StarKist Samoa Shut Down Next Week?

There could be threats to the operations of the American Samoa based StarKist cannery, as the company is reported to be struggling for raw material supply. According to the Pacific Islands...

¿Podría StarKist Samoa Cerrar La Próxima Semana?

Las operaciones de la fábrica de conservas Starkist, ubicada en Samoa Americana, podrían llegar pronto a su fin, debido a que se dice que la compañía está teniendo problemas para abastecerse...

SOPAC Fails To Block $1.5m IUU Fine

USA federal court has ruled that six SOPAC-managed seiners will not be able to avoid a USD 1.5 million fine for violations of the WCPFC implemented FAD ban period in 2009. Six separately...

Corned Tuna Wins Gold “Trusted Brand” Award

Filipino-based canned tuna brand San Marino appears to have won the trust of the nation’s consumers, as its corned tuna product has been awarded Gold in the Readers’ Digest Trusted Brand...

FFA Fears Loss Of Aid From Failed US Treaty

Every year the US Tuna Treaty agreement is topped up with USD 21 million from the American government in the form of development aid, distributed among the Pacific island nations involved. So...

You don't have credit card details available. You will be redirected to update payment method page. Click OK to continue.