Driven primarily by its branded business, one market leader has more than doubled its net income YoY, with 2014 figures climbing a bullish 112 percent. The firm has benefitted from declining...
News
EU Fleet Wants Tax Cuts To Compete With Taiwan
In bid to increase competitiveness against Asian tuna fishing fleets, CEPESCA, representing Spanish vessels, and ANABAC, which represents part of the Spanish tuna seiner fleet, are calling for...
Spanish Government Joins ATQ Debate With Call For Freeze
In the battle to extend or eliminate the annual EU pre-cooked loins zero duty quota, the Spanish central government has now called for the Autonomous Tariff Quota (ATQ) to remain unchanged,...
Less Than 40 Percent Of Tuna Fisheries Pass Sustainability Criteria
Of 19 tuna stocks across the globe, just seven have been given a passing sustainability score in a recently updated ISSF report using MSC criteria. At the bottom of the pile, with the lowest...
Bullish Analyst Projections On TUF 2015 Profits
Having almost doubled its annual net profit in 2014, Thai Union Frozen, with the backing of its newest acquisitions, is predicted by analysts to boost net profits up to THB 1.1 billion (USD...
IUU Nations Can Be Held Liable For Their Fleet
Tuna nations facing depletion of their ocean resources may soon be able to hold foreign fleet nations liable for not taking necessary measures to prevent IUU fishing by vessels flying their...
Sardimar: “Net Weight Change Is To Adapt To Global Standards”
After an investigation reported tuna products in Costa Rica to have been packed less than their labels specify, one of the country’s top tuna brands gave us its perspective on the allegations,...
Petition Launched To Phase Out Seiners Could Hit Koreans
Purse seining in the Cook Islands could face a challenge as an NGO called the Te Ipukarea Society (TIS) launches a petition to eliminate the fishing gear from the island nation’s EEZ. It could...
23 Mil Know How To Open A Can With Just Their Hands
This is something that 23 million people around the world now know; the one trick needed for when you have a desperate appetite for tuna, but don’t have an easy-open can or a can opener to do...
Ecuador Skipjack Price Bottoming
At its lowest level in five years, the price of whole round frozen skipjack on the Manta market (SKJ1.8:MNT), after recent dramatic decline, appears to have hit the bottom, remaining stable...
Schoolgirl Wins Fight To Take Tuna Off The Menu
A primary school in Kingston, UK, has axed tuna off its school lunch menu, after one of its 11 year old students campaigned against overfishing for four months, with quite an extremist stance....
Why Don’t Consumers Know About FADs?
By the editor: It seems even the most eco-friendly consumers could be uneducated when it comes to knowing what tuna to buy. As scientists, NGOs and even some corners of the industry raise the...
Social Conditions And Slavery Concern Industry
A big challenge hit the Asian fisheries industry these last few weeks, as investigations from Associated Press revealed a potential risk that some tuna could be linked with slave labor aboard...
EPO Skipjack Soars To 6-Yr High
After a supply heavy market has pushed down the global skipjack price, landings of the species in the EPO continue to rise. Fishermen in the region have reeled in healthy tonnages of skipjack...
Could Unreliable Catch Data Soon Be Turned Around?
Thought up in 2000, plans for a new traceability program have now been bolstered and BESTTuna is on the verge of launching a system that could improve information collection in Indonesian...
“Once You Get Dipped, You Live With Passion”
The President of Generale Conserve, one of Italy’s largest tuna producers, has been driving the firm’s leading brand, Asdomar, through the seafood market with an attitude and passion for...
Electronic System Tracks Tuna Trade In Atlantic & Med Region
For four years the implementation of a new electronic system to track all catch and trade of Atlantic bluefin tuna in the ICCAT convention area has been postponed. But progress has now been...
Ecuador’s Catch Off To Flying Start
Taking a much larger share of the total EPO catch, Ecuador’s tuna landings have got off to a flying start this year, shooting up a massive 33 percent in IATTC preliminary stats. In just two...
Rumors Continue To Fly: Garavilla For Sale?
After the company’s CEO squashed rumors last month, reports that Conservas Garavilla could be on the market are still rife. The submitting of bids is said to close today, but majority...
Mexico’s Reduced Tuna Quota To Be Implemented
An allocation of 3,000 tons has been given to tuna vessels for both the Pacific bluefin fishing season in 2015 and in 2016, by the Mexican Fisheries & Agro Secretariat (SAGARPA). The quota...