The G20 top meeting of 19 countries and the European Union, that took place in India, concluded yesterday with an agreement on the implementation of a 15 percent global minimum tax on...
Trade
Readers: More Countries Will Enforce Japanese Tuna Import Ban
Japan’s decision to release nuclear-treated wastewater from its Fukushima Daiichi Nuclear Power Station into the Pacific Ocean did not sit well with many nations. China announced a blanket ban...
Chinese Fishing Company Inks Deal For Construction Of Two Seiners
China is gearing up to expand its purse seiner fleet. The Penglai Zhongbai Jinglu Shipbuilding Co., Ltd. and Chinese tuna fishing company Zhoushan Yinghai Ocean Fishery Co., Ltd. entered into...
Eighth Pacific Tuna Forum Concludes In PNG
The 8th Pacific Tuna Forum (PTF) culminated yesterday at Port Moresby, the capital of Papua New Guinea (PNG), attended by over 350 people. More than 30 speakers from the tuna industry...
Spanish Organizations Accuse Imitation Tuna Firms Of “Deceiving Consumers”
A group of Spanish organizations are up in arms against companies that sell tuna and other imitation fish products. In a recent letter to the Spanish government, they pointed fingers at some...
Almadraba Captains Meeting Will Kick Start This Weekend
‘A Bowl of Tuna’ was welcomed last Friday in the Spanish city of Isla Cristina and the Society Friends of Tuna Thunnus Thynnus is preparing to host the 21st Almadraba Captains Meeting from...
Thai Processors Control One-Third Of US Pouch Market
The good start of the year for US tuna pouches imports was partially negated in the second quarter of 2023. US traders and retailers purchased ten percent more prepared products than in the...
Philippines Annual ‘Gensan’ Tuna Festival Draws To A Close
After a week of celebrations, the Philippines annual ‘Gensan Tuna Festival’ concluded Tuesday. The cultural event brings people together in General Santos known as the “Tuna Capital of...
Vietnam Tuna Exports To South Korea Shot Up 468%
The EU and US continue to be the top buyers of Vietnamese canned tuna, but shipments to South Korea increased by 468 percent from January to July this year. According to the Vietnam...
Japan Tells WTO China’s Seafood Ban Is “Unacceptable”
Last week, China announced the suspension of the import of tuna and other seafood from Japan because the latter released wastewater from the Fukushima Daiichi Nuclear Power Plant into the...
Mozambique President Let Off Hook In Tuna Scandal UK Court Case
Mozambique President Filipe Nyusi has been left off the hook by a high court judge in London for his alleged involvement in the country’s USD 2 billion scandal, which included the fraudulent...
Half-Year US Pre-Cooked Tuna Loins Import Lowest In Five Years
American tuna processors imported a quarter less frozen pre-cooked tuna loins in the first six months of 2023 compared to what they bought the year before. Fiji and Mauritius lost significant...
Dongwon Launches Stylish Sesame Oil Canned Tuna
Korean company Dongwon F&B has announced the release of its new ‘Dongwon Matcham,’ a canned tuna product flavored with spicy sesame oil and a “special sauce” that can be consumed as a side...
Consorcio Lauded For Quick Response To Mislabelling Error
The Spanish company Consorcio recently drew flak for providing incorrect website information on its label for tuna traceability. The company promptly responded to the allegations and updated...
Industry Anticipates 8th Pacific Tuna Forum Next Month
The much-awaited 8th Pacific Tuna Forum (PTF) that will bring together stakeholders from the industry will begin next month. The two-day event (on September 6 and 7) will be held at Port...
Aldi US & Consumer Settle Over Dolphin Safe Lawsuit
Aldi Inc and a Californian consumer have agreed on a settlement over a lawsuit brought against the US retailer alleging that it was falsely advertising its private-label tuna as dolphin safe....
Bangkok Canners Working At Reduced Capacity, Skipjack Price Dips
The skipjack price in processing hub Bangkok has slightly shifted downwards amid continued low supply and lukewarm demand from canners. Contracts for whole round frozen skipjack from major...
Will More Countries Stop Buying Japanese Tuna?
Last Thursday, Japan released nuclear-treated wastewater from its Fukushima Daiichi Nuclear Power Station into the Pacific, the world’s largest tuna fishing ground. Many nations fear the...
Japan’s Release Of Nuclear Wastewater Alarms Nations, Tuna & Seafood Trade Plunges
More than 12 years after the Fukushima nuclear plant disaster, Japan released a portion of the treated wastewater in the Pacific on August 24. Head of the International Atomic Energy Agency...
Drought Threatens Ecuador’s Tuna Exports To Europe
The Panama Canal, crucial for tuna exports to Europe, has restricted the size and number of vessels passing through per day. The 82 km waterway connecting the Pacific and Atlantic Oceans...