In a bid to implant sustainable fishing practices across the African tuna industry, Seychelles officials have announced that the nation will be working towards MSC certification, and will...
News
Kiribati Reduction Of Days For USA: Shifting Power Balance?
There have been a range of reactions to the recent announcement that Kiribati has drastically cut the amount of fishing days it will offer up to the US Tuna Treaty. While American boat owners...
Sri Lanka Red Card Creates Gap On EU Chilled Tuna
This week, the European Commission announced its decision to hand Sri Lanka a red card on IUU fishing, blacklisting the nation, and branding it a non-cooperating third country. The news, which...
Thai Union Investors Buy UK Based Football Club
Deputy General Manager of Thai Union Manufacturing Co., Narin Niruttinanon, has taken over 50 percent of a top league English football club, Reading FC, according to the BBC. Reading, which is...
How Hard Will Philippines GSP+ Hurt Africa?
Currently, the Philippines is awaiting final decisions from the EU Parliament, as to whether the Asian nation will be granted GSP+ status, and therefore a zero percent duty charge on all...
Will PNG Domestic Processing Rise After Recent Shake Up? What Did You Think?
In a bid to increase domestic processing of tuna caught in PNG waters, the National Fisheries Authority (NFA) has announced that fishing days for 2015 will be increased in the country’s EEZ...
Belize Fleet To Be Lifted Of IUU Red Card?
Earlier this year, European states began rejecting imports of tuna and other fisheries products from Belize. The move was in line with the European Commission’s decision to blacklist the...
Bluefin Industry Says Environmentalists Breached Confidentiality
Following a media release by the Humane Society International (HSI) raising concerns towards the alleged poor governance of bluefin tuna resources during a CCSBT meeting, the Australian tuna...
Chinese Government Might Block China Tuna Industry IPO
The Chinese government has taken a strong stance against tuna longline operator, China Tuna Industry Group (CTI), describing its failed USD 100+ million IPO, organized by Deutsch Bank as...
EU Fisheries Ministers Ignore Scientific Advice, Disregard Own New Policy
Following negotiations for the 2015 TACs between EU fisheries Ministers this week, scientific advice on fishery management was ignored, going against the EU’s own policies and commitments...
Sri Lankan Tuna To Be Banned By EU: Red Card
Fisheries products, including tuna from Sri Lanka will be banned for importation within the EU, as the country is handed a red card on IUU fishing. The European Commission has said that the...
Overambitious Regulators Cause Large Losses For Fiji Longline Operators
As maritime regulations are set to be implemented this week by the Maritime Safety Authority of Fiji (MSAF), concerns arise that at least one fishing company in the island nation could grind...
China Tuna Should Stay Off Stock Market Forever, Says WCPFC Director
After the China Tuna Industry Group outlined plans for a USD 100 million public listing in June, information it revealed on breaches of catch quotas sparked angry reactions. Two days following...
Bids From Mitsubishi & Post Holdings On Bumble Bee
Having been on the auction block since July, Bumble Bee Seafoods has attracted a lot of interest, including bids from top tuna industry companies. Now, the Mitsubishi Corporation and Post...
Century Pacific Invests In Warehousing Company
The Philippines’ largest canned tuna producer, Century Pacific Food Inc. has delved into the warehousing business with the incorporation of Allforward Warehousing (AVI), its wholly-owned...
Analysts Put TUF Stock On BUY
Thai analysts have positive forecasts for TUF’s earnings recovery, expecting it to continue playing out through the second half of 2014 (2H14). Bigger branded tuna margins predicted throughout...
Easy Open & Health Focus Of New Century Commercial
Century Tuna, the Philippines’ largest canned tuna company, has released its 2014 TV ad for canned tuna flakes in vegetable oil, with a continued effort to promote healthy eating. The...
Anabac Seiner Fleet Requests Ebola Protocols
Seiner owners in Spain have requested that the Social Marine Institute (ISM) establishes specific protocols to protect shipping operations from the Ebola outbreak. The Spanish National...
Spanish Minister Pushing For 80% Increase Bluefin Quota
The Spanish Minister of Agriculture, Food and Environment, Isabel García Tejerina, has this week called for the EU to increase Atlantic bluefin tuna TACs for 2016, despite the outgoing EU...
Why Decision To Stop Fishing Will Have No Impact
The outcome of the recent World Tuna Purse Seine Organization (WTPO) meeting in Guam has been questioned by some boat owners, as they strongly doubt if the decided measure will have any...