Oct / 2008

Tuna Fishermen: Pauly Makes Unfair General Statement

Written by Natalia Freitas Atuna.com last week published an interview with Dr. Daniel Pauly, a renowned expert on marine ecosystems from the University of British Columbia, showing his strong beliefs in how the industry will not take any action to...

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UK Consumer Is Trading Down, But Tesco Profits Goes Up

Source: Sky UKThe world’s third-biggest retailer, behind France’s Carrefour and US group Wal-Mart, said like-for-like sales excluding fuel rose 4.0% in Britain in its second quarter.This was up from 3.5 percent in the first quarter.Chief Executive...

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Broad Support In EU To Reform Fishing Policy Immediately

Source: European CommissionAt the initiative of the French Presidency, an informal Fisheries Council meeting has been held in Brussels to discuss the proposed Reform of the Common Fisheries Policy (CFP) due for completion in 2012. European...

Japan Gets Blame Inaccurate Bluefin Data

Source: Australian Broadcasting CorporationSouthern Bluefin tuna stocks continue to be overfished, with the Japanese being blamed for doubts about the accuracy of scientific data on the fish.Our reporter Tim Jeanes says “overfished and subject to...

4 Tuna Vessels Stolen Through Swindle By Libyan Company

The following statement was posted on Atuna.com’ Discussing Group earlier this month, carrying the title: “Fishing joint venture story in Libya”. The author is Mr. Mohamed Chabchoub, the owner of a tuna fishing company in Tunisia who claims to be...

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Greenpeace Launches On-Line Global IUU Blacklist Database

Full text: Greenpeace Press Release Greenpeace International today, October 2nd, launched an online database of fishing vessels involved in illegal, unreported and unregulated (IUU) fishing, and the companies that own them. The global...

Taiwan Bank Funds WWF Coral Triangle Initiative In Tuna Zone

The protection of natural environments critical to the survival of millions of people in the Pacific will be boosted with a new financial commitment from Standard Chartered Bank (Taiwan) Limited.Standard Chartered Bank (Taiwan) Limited, part of the...

Exclusive Marine Economic Zone in India Hits Dead End

The first exclusive marine product Special Economic Zone (SEZ) on the east coast hit a dead end with officials of the Kochi-based central undertaking Marine Products Export Development Authority (MPEDA) raising objections to the site identified by...

Taiwan & NZ Team Up To Fight Small IUU Tuna Vessels

Be Prepared: The Fisheries Agency said fishing boats may be approached by New Zealand fishery officials as part of a crackdown on unreported fishing activity Source: CNAThe Fisheries Agency said earlier this week that nation’s fishermen should be...

Atuna Poll Results: Atuna Stock Index Performs Better Than Expected

Atuna.com’s last poll inquired our readers the following question: “WHERE DO YOU THINK THE ATUNA STOCK INDEX WILL BE IN 2 WEEKS TIME?” The majority, with 32% of the answers, suggested that the Atuna Stock Index would be below 100 points, which has...

Sailboat Gets Caught In Mexican Tuna Pen

On Thursday, Sept. 4, I found myself (and my Hudson Force 50 sailboat) trapped inside one of Mexico’s offshore “tuna farms” (floating pens), calling for help.Unlike the skipper covered in the Aug. 8 issue article “San Diego Boater Involved in...

Clean Seas Unveils Very Ambitious Bluefin Farming Plans

By Nigel AustinEyre Peninsula fish farmer Clean Seas Tuna has put forward an ambitious strategy to improve its performance and expand the business.Key corporate goals include the production of up to 20,000 tons of farmed finfish a year.In a business...

Philippine Tuna Industry Cold On Bluefin Tuna Farming

By Romer Sarmiento The Bureau of Fisheries and Aquatic Resources is considering the possibility of promoting and funding blue fin tuna sea ranching research in the hope of producing tuna fishers instead of hunters. However, the proposal received...

Century Tuna: The Preferred Tuna During Beijing Olympics

The Philippine Daily Inquirer published an article last week about the tuna consumption during the Olympics in Beijing. According to them, Century Tuna, the leading Philippine canned tuna brand, was the product chosen to be used for the athletes’...

Tarifa Fishermen Oppose Reduction Of Bluefin Quotas

The fishermen of Tarifa last week finally received the reply from the Marine Secretary General about the distribution of additional quota for the fishery of bluefin tuna. However, the response was not satisfactory.The head of Tarifa’s Fishermen...

Heavy Fine For Japanese Tuna Boat In Solomon Waters

Text of report by Solomon Islands Broadcasting CorporationThe recently detained Japanese longline vessel FV Kinei Maru 118 has been fined 2.1m dollars (approx 300,000 US) for breaching its fishing license conditions. The Government Communications...

Street Corner Fish Stores Declining Rapidly

By Shigemi KotakaFresh fish stores on street corners are disappearing because supermarkets are taking over their turf and convenience is denting demand for the traditional staple.The number of street corner fish stores has more than halved over the...

Solgreen Tuna Fishing Company Gets New Owner

By Moffat Mamu Assets of Solgreen Ltd at Ranadi, Honiara, will soon go into the hands of a new owner. Bank South Pacific (BSP), which put the assets on public tender recently, said the winning bidder has been identified. BSP took the assets,...

Tax Break Extended For American Samoa Tuna Canneries

By Pacific MagazineAmerican Samoa got a direct benefit in the passage and signing today of the $700 billion financial bailout bill in Washington, D.C. The legislation includes a provision that continues tax breaks for tuna cannery owners in the...

Philippines Sends Mission To East Timor To Catch Tuna

The Bureau of Fisheries and Aquatic Resources (BFAR) and tuna fishing companies will survey Timor Leste’s Banda Sea next month to jump-start the country’s bid to catch tuna in the area, officials said yesterday.”We can go to Timor Leste in November...

Sainsbury’s To Report Growth, But Low Price Chains Grow More

Sainsbury’s is expected to report a 3.9 per cent rise in second-quarter underlying sales on Wednesday, up from the first quarter, but still lagging behind rivals. Britain’s shoppers are curbing spending amid higher food and fuel costs, falling house...

India’s MPEDA: Tuna Expansion Remains Spearpoint

Interview by Sreekumar Raghavan, Commodity MarketIndia’s marine sector contributes 1.3% to its Gross Domestic Product and is ranked third among fish producing countries while it holds 19th rank among major exporting countries. The sector provides...

Croatia In EU Negotiations: Do Not Reduce Bluefin Quota

Source: Pioneer Investors Both the Croatian government and the National Committee have accepted the negotiating standpoint for Chapter 13 of the EU acquis, referring to fisheries, and Croatian negotiating standpoints should soon be sent to...

Focus On: VIETNAM

The tuna industry started in Vietnam during the early 1990’s and boomed after the year 2000. It’s currently one of the most important businesses in the fisheries sector in the Central and Central-Southern provinces of the country. Most of the...

Climate Change Threatens Australian Tuna Fisheries

By Michael PerryClimate change threatens Australia’s A$2.1 billion (US$1.6 billion) commercial fishing and aquaculture industry, but may create new wild fisheries as tropical marine species move south as sea temperatures rise.Changes in sea...

US Retailers Expected To Improve On Seafood Sustainability

Greenpeace is re-releasing its sustainable seafood report card in early December, and not every U.S. retailer will receive a failing grade the second time around.The report card, which debuted in June, ranked 20 of the largest U.S. retailers based...

Indonesia Wants To Diversify Its Tuna Export Away From US Market

Source: Antara NewsIndonesia is making preparations to diversify the export destinations of its fishery exports in anticipation of the impact of the United States financial crisis, a Maritime and Fisheries Ministry (DKP) official said.”The US...

TUF Buys Stake In Indian Shrimp Feed Manufacturer

Source: Bangkok PostThai Union Frozen Products PCL. (TUF) yesterday announced it was buying shares of Avanti Feeds Limited (AFL), India’s second largest shrimp feed manufacturer, for approximately 40 million baht.After the investment, TUF will own...

WWF: Italy In Flagrant Flouting Of Tuna Rules

Italy’s widespread disregard of fisheries management rules for Mediterranean bluefin tuna has been confirmed by a new WWF report – Lifting the lid on Italy’s bluefin tuna fishery – surveying Italian catches, markets and transfers to fish farms.The...

Del Monte Completes Sale Of StarKist To Dongwon

Source: Business Wire Del Monte Foods Company announced yesterday, October 6th, that Del Monte Corporation, its wholly-owned subsidiary, has completed the sale of its seafood business, including StarKist, to Dongwon Industries Co., Ltd. (“Dongwon...

Strengthening US Dollar Starts Showing Effect On Skipjack Prices

By AtunaThe recently strengthening of US Dollars against the Euro is weakening the buying power of the European tuna processors and retailers in the global tuna market. If this trend continues, it could have a more prominent downward effect on the...

Solomons To Benefit From Taiwanese Help & WWF Project

Source: Solomon StarSolomon Islands is one of several countries in the Asia-Pacific that will benefit from a USD$350,000 (SBD$2.5 million) Taiwanese assistance to help protect its natural marine environment. The Standard Chartered Bank (Taiwan)...

Declining Tuna Catch Volume Affects MIFCO

From MiadhuMifco has expressed serious concern about the sharply declining fishing in the country which has affected their canned and other variety of tuna products. Media Coordinator of Mifco Abdullah Maumoon in an interview to Miadhu said,...

S-Korea Considers To Dispatch Warship To Protect Tuna Fleet

From China ViewSouth Korean Foreign Minister Yu Myung-hwan said Tuesday that his government is considering to dispatch a destroyer to waters off Somalia to fight pirates there.At an inspection of the Foreign Ministry by lawmakers, Yu said...

Thai TUF Plans Up To USD 58 Million Bond Sale

From ReutersThai Union Frozen (TUF) planned to sell up to 2 billion baht (USD 58 million) of 2-year bonds later this month for debt refinancing and a business expansion, fund managers said on Tuesday.The unsecured bonds, rated “A+” by Thailand’s...

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Iceland Takes Over Another Seafood Bank Active In Tuna Industry

By AtunaAccording to a press release issued on Monday, Iceland’s government announced it was taking control of the country’s second-biggest bank, Landsbanki, as Russia said it would lend it four billion Euros (5.4 billion US Dollars) to avoid...

“Tuna’s Just Too Cheap”

Japanese appetites are set to eat these fish to the brink of extinctionWritten by Rowan HooperA prime slice of fatty, creamy otoro — belly-meat of Bluefin tuna — isn’t cheap. These days in Tokyo, you can expect to pay at least ¥10,000 ($100) for a...

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Intrafish Person Of The Year 2008 In Euro 600 Million Mess

By Atuna In an article published by the news agency IceNews, Larus Welding, the CEO of Glitnir Bank, talks about the future of Iceland’s economy after the collapse of the country’s bank system. Glitnir Bank has been providing financial advice...

Mersin May Have Out-Of-Shore Tuna Farms

From Turkish Daily NewsMersin may be the right place to establish fish farms, a state minister has said. Fish farms have been a source of debate as the farms in the Aegean, located near the shore, create heavy onshore pollution.State Minister Kürºat...

Wal-Mart Reports Softening US Sales

Source: AFPUS retail giant Wal-Mart reported Wednesday a slowdown in its US sales growth in September and predicted weaker results in October.The figures, which exclude fuel and compare sales in stores that have been open a year, showed sales...

‘Nursery Of Tuna’: Coral Triangle - Needs Protection

Source: WWFThe survival of species critical to the livelihoods of millions - such as those in the “nusery grounds” of the Coral Triangle - is being called into question in the wake of the IUCN’s warning this week of a mass global extinction unseen...

Indo & Thai Bizmen To Cooperate To Battle Thai IUU Fishing

From MCOTIndonesian and Thai businessmen will cooperate to overcome illegal fishing in Indonesian waters, Indonesian Ambassador to Thailand Mohammad Hatta said here on Tuesday.Speaking to the press after a meeting with President Susilo Bambang...

Croatia Told To Halt Tuna Fishing For Rest Of The Year

From JavnoCroatia is a member of the International Commission for the Conservation of Atlantic Tuna, which sets annual quotas for members. Croatian fishermen have been told to stop catching blue fin tuna in the Adriatic until the end of the year...

FFA Members Make Strong Recommendations To WCPFC

From Forum Fisheries AgencyPacific Islands Forum Fisheries Agency has made recommendations to increase the effectiveness of fisheries management in the Western and Central Pacific Ocean, according to a media release by the Agency.The member...

TOP TUNA PLAYERS COMMENT ON THE GLOBAL FINANCIAL CRISIS

Written by Natalia Freitas for Atuna.com Atuna.com asked 3 top tuna players their opinion on “What will be the effect of the global economic crisis on the tuna business in the following months”? The CEO of Tri Marine, the world’s largest tuna...

Top Seafood Executive of Landsbanki Leaves

Landsbanki’s highest-ranking international seafood finance executive will leave the company today, a casualty of the crisis gripping the country's banking...

USD 35 Million Investment For Manta Tuna Port

The Andean Development Corporation ADC) office in Quito announced yesterday that it will invest USD 35 million for the construction of the Port of International Cargo Transfer in the city of Manta, Ecuador.This provision, which is guaranteed by the...

500 Kgs Cocaine Stashed In Ecuador Tuna Container

By Atuna.comThe Belgian customs authorities intercepted a container holding 500 kilos of cocaine stashed between cartons of tuna.The container was coming from Ecuador and carried a full load of tuna destined to a Dutch supermarket chain.The Belgian...

Tanzania Lucrative Tuna Stocks - But No Enforcement

From All AfricaTanzanian Prime Minister Mizengo Kayanza Peter Pinda, who has been on a weeklong visit to Namibia, was in Walvis Bay on Wednesday where he showed interest in the way Namibia governs its marine resources especially the pertinent...

Reopened Canadian Tuna Season Looking Strong

From CBC Prince Edward Island (P.E.I.) tuna fishermen were back on the water Monday after a voluntary hiatus, and it looks as if taking a break is going to pay off.Fishermen report both the size and quality of the fish are up, and prices are good....

Indian Arrests 66 Sri Lankan Fishermen & 12 Tuna Boats Seized

From The HinduAfter a four-day joint surveillance, helicopters and ships of the Indian Coast Guard seized 12 Sri Lankan boats for intruding into Indian territorial waters and arrested 66 crew members about 120 nautical miles off the Visakhapatnam...

Canadian Bluefin Fishery Closed Temporarily On Weekend

From The Journal PioneerThe rest of the P.E.I. bluefin tuna quota, more than 40 tons, will not be landed until next Tuesday, reports the P.E.I. Fishermen’s Association.“Given the Thanksgiving holiday when the federal fisheries department closed and...

Middle East Food Sector Worth USD 31 Billon

From Emirates BusinessThe Middle East food service market is estimated to be worth more than USD 31 billion (Dh113.7bn) annually, according to recent studies.The sector is boosted by the growing population, relatively high purchasing power and a...

Half Of The Bluefin Caught Last Year Was Illegal

Source: The Times of MaltaThe International Commission for the Conservation of Atlantic Tunas (ICCAT) estimates that 51 per cent of all the bluefin tuna caught in the Mediterranean last year was illegal and unauthorized. The under-reporting of...

Financial Concerns for Hawaii’s Tuna Fishing Industry

Written by Lisa KubotaTough economic times are a concern for many in Hawaii’s fishing industry. With the state struggling financially, some fishermen aren’t sure if they’ll be able to reel in as many customers. Sales could suffer depending on what...

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US Economic Slowdown Affecting Philippine Canned

Written by Romer S. SarmientoThe economic slowdown in the United States may have started affecting demand for imported canned tuna — a development that could force factories in the Philippines “to stop operations” if it persists, an industry leader...

Atuna Index Plunges: Most Major Tuna Shares Show Heavy Losses

The tuna share prices reported in the Atuna Stock Index suffered a severe drop of 16% in 7 days: from 102,82 points to 85,98 – a week record and the lowest number in 2 years. Among the 27 companies composing the Atuna Stock Index, 16 saw their...

Gensan’s Tunafest Is Philippines’ 2nd Best Event

Written by Edwin G. EspejoThe annual Tuna Festival has been voted second best Tourism Event among chartered cities in the country, next only to the Dinagyang Festival of Iloilo City.The award was recently handed out during the 9th Annual Convention...

Latest Tech For Aussies Tracking Down IUU Vessels

Written by Jennifer ForeshewPatrolling Australia’s coastline out to 200 nautical miles can be a challenging job, especially when it involves tracking illegal fishing vessels in the dead of night. Australian Fisheries Management Authority compliance...

Most Tuna Stocks Might Be Less Migratory Than Often Assumed

Written by Natalia Freitas for atuna.comThe depletion of tuna stocks is a current issue important to the scientific community and the tuna industry. Overfishing, besides being an environmental threat, has also become an economic concern because the...

Spain & Japan Back Med Bluefin Ban At Barcelona Meeting

Source: WWF Press Release Key fishing state Spain and key tuna market Japan joined with a majority of other countries to back closing the Mediterranean bluefin tuna fishery until it can be brought under control and establishing protected areas in...

Barcelona Sets Environmental Crisis Action Agenda

IUCN Press ReleaseWhile the world struggles with the turmoil of a market crisis, IUCN’s World Conservation Congress defined the way forward in solving the environmental crisis. The 8000 participants at the Congress underlined that the cost of...

US$50 Billion Lost By Marine Fishing Each Year

New World Bank - FAO report reveals «the sunken billions» Economic losses in marine fisheries resulting from poor management, inefficiencies, and overfishing add up to a staggering US$50 billion per year, according to a new World Bank-FAO report...

EU Becoming A Minor Destination For Thai Canners

By Atuna.com The European Union (EU) is known for being the biggest market for canned tuna in the world. However, it does no longer appear on the top five list of the major export destinations for Thai canned tuna. Major destinations of the past,...

Alliance Tuna Buys Salmon Processor

Written by Elizabeth Sanchez-LacsonAlliance Tuna International Inc., Philippine exporter of tuna products, is pursuing a majority acquisition into New Zealand company Prime Foods New Zealand (PFNZ), the second largest processor of salmon in that...

Conflict Pole & Line Tuna Fishermen And Longliners Escalating

From The Yomiuri Shimbun Conflict is intensifying in the Tsugaru Strait between tuna fishermen using the pole-and-line technique and others who use the longline method. The waters off Tsugaru Peninsula in Aomori Prefecture are known as one of...

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Canadian Bluefin Season Comes To Successful Conclusion

From CBC News With the full 150-ton quota caught as of Wednesday, the P.E.I. bluefin tuna season came to a close. Fishermen voluntarily closed down the season for much of August and September, reopening it Oct. 6. The weather did disrupt some...

Conservationists And Tuna Fishermen Join Forces For Sustainable Sushi

Source: BYM Marine Environment News An unlikely alliance of conservationists and fishing industry representatives took the podium under the banner of “Marine Reserves for Sustainable Sushi” at the International Marine Environment Symposium in...

“Mauritian Tuna Fully Meets With EU Regulations”

By AtunaThe ambassador of Mauritius, Mr. Sutiawan Gunessee, declared in a statement that all the country’s fishery products exports are fully compliant with the European Union (EU) norms and standards.During the mission of the Food and Veterinary...

The Economist: Sleeping With The (Tuna) Fishes

High time to save the Mediterranean bluefin From The Economist When Gemma Parkes, a communications officer for WWF, an environmental advocacy group, was attending an international meeting on fish conservation a few years ago, an unknown delegate...

Tuna Catch Reduction Should Be Traded As Carbon Trading System

Source: AFPKey tuna species are under threat from overfishing in Asia’s diverse Coral Triange region and a drastic rethink is needed to stave off collapse, environmental group WWF said Tuesday. Tuna species in the triangle, including heavily...

Calvo Promotes Products In Paris And Dubai

From La Voz de GaliciaCalvo Enterprises Group is exposing these days at the SIAL food exhibition in Paris and will also be present in the forthcoming food fair in Dubai. Calvo is presenting the latest developments on several of its brands in which...

President Appoints New Members To MIFCO Board Of Directors

From HaveeruPresident Maumoon Abdul Gayoom has appointed members to the Board of Directors of the Maldives Industrial Fisheries Company Limited (MIFCO). MIFCO is the country’s largest tuna processors and exporter.Mohamed Zuhair, Deputy Minister of...

Search Continues For Missing Tuna Fisherman

Written by Rober ZulloA Coast Guard cutter is continuing the search for a 51-year-old fisherman who was working on a Dulac tuna boat in the Gulf of Mexico Sunday when he went overboard.The Captain Luu, a 61-foot-long liner, was about 12 miles south...

Rumors At SIAL About Falling Tuna Prices Might Prove Wrong

By AtunaThe SIAL 2008, Europe’s second largest Food show, which is being held in Paris between the 19th and 23rd of October, is the opportunity for many European canned food importers to meet their suppliers, also their canned tuna processors....

Better Housing For Tuna Workers In Mazatlan

From PR NewswireMazatlan maintains a solid base of industry and services, giving rise to a growing, unmet demand for low-income housing - The port city exhibits sustained economic growth due to the fishing industry’s significant contribution to the...

A Kevlar Sphere To Farm Tuna Of The Future

Hawaii Oceanic Technology has devised an aluminum and Kevlar sphere, measuring 162 feet in diameter, in which it hopes to raise sashimi-grade tuna three miles off the coast of Hawaii. The spheres sit 60 feet below the surface.The company wants to...

Madrid Restaurant Pays € 3600 For Record-Breaking Tuna

From Think SpainA restaurant in Madrid has forked out Euro 3600 for a red tuna fish weighing nearly 300kg caught recently by a fishing boat from Hondarribia (Guipuzcoa).Not only is it the biggest fish of its kind ever caught by any of the town’s...

Atuna Poll Results: Lack Of Bank Credit Alarms Tuna Industry

Atuna.com’s last poll inquired from our readers their opinion about the following statement: THE SHRINKING AVAILABILITY OF BANK CREDIT WILL HAVE A SIGNIFICANT NEGATIVE EFFECT ON THE TUNA SECTOR The results show that 80% of the participants are...

WTD Tuna Project In India

By AtunaThe World Tuna Development International (WTD) is a tuna fishing company with projects all over the world. Around eight years ago, negotiations with authorities from the Andhra Pradesh district in southeast India started to take place to...

Solomons To Receive Benefits From USA For Tuna Conservation

Source: Solomon TimesThe U.S. Agency for International Development (USAID) today pledged nearly $40 million to support the international effort to save the Coral Triangle, the world’s greatest expanse of mangroves, coral reefs and diversity of fish,...

EU Anti-IUU Force Will Only Start In 2010

The European Community’s Fisheries Control Agency will strengthen, from 2010, onwards the consequences against vessels that violate the European laws on fishery catches and landings.Its target is to prevent any possible illegal activities within all...

Italian Vets Report +2000 PPM Histamine In Sri Lankan Yellowfin

From European CommissionDuring an official control in the Italian market last week, authorities notified the finding of exceeding levels of histamine in chilled sliced yellowfin tuna coming from Sri Lanka.The product was tested during an official...

Scientists Tag 1,000th Giant Bluefin Tuna Off Coast Of Port Hood

Written by Nancy KingA bluefin tuna weighing more than 500 kilograms caught off the coast of Port Hood, Canada, last week was the 1,000th fish to be fitted with a tracking tag that will help collect data intended to improve the health of the...

EU Ministers Agree That Tuna Fishing Must Be Cut

From AFP EU fisheries ministers meeting in Luxembourg were close to agreement Monday on the measures needed to protect bluefin tuna stocks ahead of a key international meeting next month, the French EU presidency said.The EU nations are set to...

Irish Troll Fishery For Albacore Tuna approved Friend Of The Sea

Source: Friend of the SeaFriend of the Sea announces recent certification of the first products from approved Irish troll fishery for Albacore Tuna (Thunnus Alalunga). This represents a further step of Friend of the Sea in the Irish, German and UK...

US Coast Guard To Conduct Mission Patrol In French Polynesia

After a 2,500-mile trip, the crew of the U.S. Coast Guard cutter Walnut will conduct vital maritime safety and security missions throughout the French Polynesia region. The cutter’s crew is scheduled to arrive in Papete, Tahiti, Thursday.During the...

Oxfam Unconvinced Of Use EPA Agreement For Pacific Nations

From Fiji Broadcasting CorpNew Zealand aid agency Oxfam is unconvinced by the European Union’s claims that forming Economic Partnership Agreements or EPAs will be in the best interests of the Pacific nations who choose to sign up.Following claims...

Air NZ Action Cuts Fresh Tuna Link Of Pacific Islands To US

Source: TV New ZealandTwo island governments are furious with Air New Zealand for demanding a million dollar subsidy to link with the United States.The weekly link to Los Angeles via Tonga and Apia, and another via Rarotonga are now in...

USD 3.2 Million Awarded To Women Who Ate Spoiled Ahi Tuna!

From Associated PressAn appeals court upheld a $3.2 million award to a woman who said she suffered permanent nerve damage after eating tainted sushi. Alexis Sarti, 25, of Costa Mesa won the money from a jury more than two years ago but a judge...

Mitsubishi Issues Statement On Sustainable Tuna Management

By AtunaMitsubishi Corporation, the world’s largest bluefin tuna trading company, issued an official statement about the Mediterranean bluefin stocks management. The company emphasizes that those who have been involved in unsustainable fishing...

TUF Attracts Capital By Selling 2 & 5-Year Bonds

Source: ReutersThai Union Frozen (TUF) Bangkok has set a coupon rate of 4.7 percent for a two-year bond issue of 1.5 billion baht ($43.10 million) for debt refinancing and expansion plans, fund managers said on Thursday.TUF, the country’s biggest...

Bluefin Wholesale Value Up 51 Pct In Malta

Written by J.P. CordinaIn Malta the haul of bluefin tuna, a species considered to be endangered due to over-fishing by the WWF and other global associations, increased by 51 per cent in wholesale value over the same period despite an increase of...

S. Korea To Send Anti-Pirate Warships To Protect Tuna Fleet

From United Press InternationalSouth Korea will move to protect its fishing vessels by sending a fleet of armed Navy ships to pirate-infested waters off Somalia, sources say.The South Korean news agency Yonhap quoted unnamed sources Wednesday as...

Focus On: CHINA

By AtunaChina has 4.700.000 kilometers of water area and it began to develop its oceanic tuna fisheries in the middle of the 1980’s. Commercial tuna fishing operations in the Pacific Ocean started in 1988 with longline and purse seine fisheries. In...

Indian Ocean Tuna Transshipment Ports Start Cooperation

From Port StrategyThe port authorities of Madagascar, Mauritius, Mayotte, Reunion and Seychelles are all members of the Association of Ports of the Indian Ocean Islands (APIOI), which was officially established last year. “The aim of the...

Philippines Looks to Spain For Coop To Develop Bluefin Fisheries

From Business World The Bureau of Fisheries and Aquatic Resources is eyeing fishing and ranching of bluefin tuna in the Pacific waters northeast of Cagayan to increase domestic tuna production, officials yesterday said.”We sent our research...

Eyes Of The World Next Week Again On Eastern Pacific Tuna

Next week marks a pivotal moment for Eastern Pacific tuna. The Inter-American Tropical Tuna Commission (IATTC), the international body charged with the conservation and management of tuna and associated species in the eastern tropical Pacific...

Atlantic Ocean Tuna Volumes Fall Again

The International Commission for the Conservation of Atlantic Tuna (ICCAT) released the 2007 tuna catching numbers earlier this month: 450.056 M/T in the Atlantic Ocean. The quantity represents 3% less than the year before and confirms a...