Tuna Business Headlines
IN BRIEF
Tuna fishermen in Tamil Nadu, a South Indian state, are crying foul over the plummeting value of their catches after a 61-day government-imposed fishing ban came into force from April to June. Fishers in the Kasimedu region catch skipjack and some yellowfin and said that the price for tuna has fallen from INR 68 (USD 0.79) to INR 60 (USD 0.70) for a kilo in recent weeks. These fish are mainly exported to markets such as China, Tunisia, and Yemen. The fishers explained that while they used to catch up to 1,000 tons of tuna in 2024, the volumes dropped significantly to half the tonnage. The reasons for the reduced catch remain unclear but are believed to be linked to changing sea conditions, reported Indian news sites.
Fishermen have asked the Tamil Nadu government to intervene to help them overcome the situation and raised the need for the setting up a committee to help ease their woes and a regulatory body to implement stricter price regulations.
Companies and organizations rethinking the future of tuna innovations will be honored at Anfaco-Cecopesca’s third edition of the Tuna Awards. The accolades will be given to those working on a cutting-edge product, smart technology solution, or circular economy initiative within the tuna sector. The award in collaboration with the Spanish Ministry of Agriculture, Fisheries, and Food has three categories. ‘New Products’ for tuna products that change the market value proposition and ‘Circular Economy’ for developments that maximize resource efficiency, reuse, and synergy. The third one’Revolution 4.0′ for digital and technical solutions transforming the tuna value chain from AI-driven traceability to automation, data integration, or smart logistics.
Interested parties have until June 30, 2025 to submit their projects for the Tuna Awards. The winner in each category will be awarded in a ceremony on September 10 in Vigo, Spain, a day before the 12th Anfaco World Tuna Conference taking place on September 11 and 12 also in the same city. Besides a trophy and global recognition on the Conference media channels, the winners get the opportunity to attend the two-day event to network.
The Taiwan Fisheries Agency announced that the country’s 2025 bluefin fishing season ended on Sunday. Local vessels captured 11,500 Pacific bluefin, weighing a combined 2,300 tons, slightly exceeding the officially announced quota of 2,200 tons. However, errors in reporting often occur at sea, and the removal of gills could allow Taiwan to still be under the announced quota, reported Taiwan News.
The country’s bluefin fishing period typically runs from April to June because of the seasonal migratory patterns of the fish and favorable oceanographic conditions in the region. The celebrated Pingtung Bleufin Tuna Cultural Festival is also held during this time. The Fisheries Agency implement strict quota controls during this season, leading to market prices remaining steady throughout the season. The Donggang District Fishermen’s Association, which operates in a Taiwanese fishing town renowned for its significant bluefin catch, said this year’s largest bluefin weighed 375 kg. The association expects 500 bluefin to arrive at the harbor in the next few days.
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