Following pressure predominantly from Greenpeace, many top UK supermarkets, including Sainsbury’s and Tesco, have committed themselves to sourcing 100 percent pole and line tuna for their...
Tuna Trade News
Indonesian Tuna Benefits From New GSP With USA
The US has provided a new zero percent tariff for 34 fisheries products from Indonesia which has come into effect as of last month. Signed by US President Barack Obama in June, the tariff...
Airline Refuses Bluefin As Part Of Trophy Policy
At a time when trophy hunting is in the global news, Virgin Atlantic Cargo has revealed that its ethical cargo policy bans the transportation of bluefin tuna as a hunting trophy, and continues...
GSP + Advantages Make Century Profits Surge
Canned food specialist Century Pacific has recorded a 30 percent surge in profits in the first half of the year, which has been the result of strong volume growth in both its branded and...
Fiji Tuna Conference To Discuss Tuna Price Trend
With just over a month to go until the 5th Regional Tuna Industry and Trade Conference, this year taking place in Fiji, the National Fisheries Authority is confident that preparations for the...
PNG To Implement New Legislation To Lose Yellow Card
The EU has given PNG five key areas to address in order to continue working to shake off their yellow card sanction. The areas for improvement include legislation, tuna management plans,...
Zero Duty For Vietnam With Lots of Restrictions
Vietnamese tuna exporters will be waiting longer than most to fully benefit from the just concluded FTA with the EU, as canned tuna and pre-cooked loins lie on the list of “sensitive” goods....
Skipjack Helps Stop Kyokuyo’s Income Decline
This week, Japanese fishing and processing company Kyokuyo Co. Ltd, has announced that its consolidated operating income in the three months leading to June had declined 14 percent from the...
Vietnam EU FTA, Tuna Gets Zero Duty
After two and half years of intense talks, it looks as though the competitiveness of Vietnamese tuna exporters in the EU market could be significantly boosted next year, as the two parties...
Bangkok SKJ Price Breaks $1,400 Barrier
Despite talk of a rise to USD 1,500 CFR, the Bangkok skipjack price (SKJ1.8:BKK) currently is traded still lower, at a level of USD 1,450 per ton, with several deals confirmed. Only one small...
No Abolition Of Tuna Duties Yet
It was set to be the largest regional free trade agreement ever signed, but talks between trade ministers of the twelve Pacific negotiating countries in the TPP collapsed this weekend. For...
Relocating The World’s Biggest Fish Market
In November 2016, Tokyo’s world famous Tsukiji fish market is set to move to a new address; a space reported to be 40 percent larger than the current market premises. Tsukiji fish market...
Does Tier 3 Really Threaten Thai/US Trade?
As the US State Department updated the country’s Trafficking in Persons (TIP) report this week, Thailand remains at the bottom of the pile, listed in Tier 3 for a second consecutive year....
Will Tuna Soon Appear In Supermarkets Under The “Mindanao” Brand?
The European Union has released funding for a study to come up with a new brand for Mindanao products which will allow them to compete for high prices in the export market. The financing also...
Alliance Gets Going With Plans To Pocket USD 22 Million
Hoping to raise funds for its capital expenditures, Alliance Select, despite objections from minority stockholders, has a plan to ramp up USD 22 million, offering one billion new rights shares...
$11.3 Million Of Drugs Smuggled In Tuna
Investigators and police in southern Taiwan have busted a drug smuggling operation which used frozen tuna to conceal 138kg of amphetamine being exported abroad. According to the Ministry of...
Walmart Does Not Need MSC For Canned Tuna
US food distribution giant Walmart says it has updated its policy on buying canned tuna from sustainable sources. In 2011, the company made a commitment that all its seafood – “fresh and...
Philippines And Vietnam Form Tuna Partnership
Vietnam is set to send a working group to the Philippines to learn more about tuna fishing and processing technologies, according to the Deputy Minister of Agriculture and Rural Development,...
EU Red Card Makes Sri Lanka Bleed
Sri Lanka has suffered a revenue loss of USD 75 million due to its red card on IUU with the European Union, a government spokesperson has said. Previously, it was estimated that the annual...
Ministers Want Flexible Rules Of Origin From EU
Calling for the EU’s commitment to EPA negotiations, PACP Trade and Fisheries Ministers, meeting in Fiji last week, emphasized that such an agreement must deliver benefits to all members. This...