Small Island Developing States are about to receive a huge support package in the shape of USD 256 million. The CEO of the Global Environment Facility (GEF), Naoko Ishii, announced the...
News
IPO Of China Tuna Industry Group on HK Stock Exchange
China Tuna Industry Group is preparing for its listing on the Hong Kong Stock Exchange, with an Initial Public Offering (IPO), worth up to USD 150 million. The longline fishing company, which...
NGOs Want Regulated Use Of 1.000s Of Filipino FADs
Numerous NGOs have reemphasized their call for an end to the unregulated use of FADs in the Philippines. Greenpeace and other groups have urged the nation’s government to monitor and regulate...
TUF Stock Reaches New 2014 High
Thai Union’s (TUF:TB) share value has seen dramatic fluctuation in recent months, with little evidence of sustained strength. However, with stock price reaching its highest level since the...
Thai Union Buys EU 4th Largest Salmon Smoker
Bangkok-based Thai Union Frozen Products (TUF:TB +0.35%) is expanding into the chilled seafood market, and is set to buy French MerAlliance, a European-scale smoked salmon producer. The deal...
3,000 Flock To Conference On Small Island Development
More than 3,000 people travelled this week to attend a globally targeted tuna industry event in Apia, Samoa. Yesterday, at the 3rd United Nations Conference on Small Island Developing States...
600 Delegates Attend GenSan Tuna Congress
Today, Mayor Ronnel Rivera, son of Philippine tuna tycoon, Rudy Rivera, is opening the 16th National Tuna Congress in General Santos City, and as many as 600 delegates will make up the...
IATTC Adds Fiji Longliner To IUU List
On September 2nd, the IATTC added a Fiji tuna longliner to its IUU list of vessels, “presumed to have carried out illegal, unreported, and unregulated fishing in the eastern Pacific Ocean.”...
NOAA Selectively Restricts Surface Longlining
As part of a final amendment to reduce the number of bluefin tuna accidently caught by fishing fleets, the US has put out new rules for commercial fishing operations in the Gulf of Mexico and...
WCPFC Committee Follows Japan’s Cut On Juvenile Bluefin
After Japan’s announcement that it will implement new catch ceilings on juvenile bluefin in the Western and Central Pacific, members of the WCPFC Northern Committee have, this week, decided to...
Alliance Shares Fall After August 1st Peak
After Filipino tuna processor Alliance Select Foods escalated on the Philippine stock exchange on August 1st, its share value has since fallen a significant 13 percent. A considerable...
American Companies Dominate Seafood Champion Finalists
The finalists for the Seafood Champion Awards have been announced at the second day of Seafood Expo Asia. US-based organization, SeaWeb revealed which individuals and companies have made it...
Fishing Albacore Tuna With A Sailboat?
Owner of the US based Cape Cleare Fishery, Rick Oltman, will be using an 80-foot fiberglass hulled sailing boat to fish for albacore tuna along the Washington coast. The vessel, re-constructed...
Analysts Project Skipjack Within $1,400-1,600 Range
Thai analysts aren’t expecting big movements in raw material skipjack price, predicting it to remain in the USD 1,400-1,600 range for the rest of the year. Bualuang Securities note that the...
Departing WCPFC Director: “I Am Out”
Executive Director of the Western and Central Pacific Fisheries Commission, Professor Glenn David Hurry, will be leaving the directorate role this month after four years of service in Pohnpei,...
Labor Unions To Campaign During Gensan Tuna festival
The International Transport Workers’ Federation (ITF) and the International Union of Food, Agricultural and Hospitality Workers (IUF) have voiced their disappointment at the hostile treatment...
Navy Commander Explains How Illegal Transshipments Take Place
Are Pacific nations seeing the benefits of having a USD 6 billion per year fishery on their doorstep? Palau’s President, Mr. Remengesau, believes his country and many others in the region are...
Canadian Bluefin Allocation: One Fish Per Boat
The Canadian based Prince Edward Island (PEI) tuna fleet has been taking plenty of time to fish its allocated seasonal quota of Canadian bluefin: one specimen per vessel. According to the...
Portugal Wants Rights To Use Bluefin Traps
The Portuguese Socialist party (SP) is suggesting that Portugal should be given rights to exploit the tuna traps/almadrabas installed in its waters and currently managed by Italy and Spain....
Vietnamese Yellowfin Hits Highest Prices At Japanese Auction
Auctioned yellowfin tuna from Vietnam has been hitting higher prices recently, since fishermen have adopted new and updated techniques. Tuna fishermen in the Binh Dinh region had reason to...