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IATTC director: Eastern Pacific Ocean tuna fleet needs urgent upgrade

By Feb. 17, 2020 4:53 PM

The fleet [operating in the Eastern Pacific Ocean] is going to need a lot of financial support for its renewal -- Guillermo Compean, director of the IATTC

Fishing
Bumble Bee, Ocean Outcomes launch Indian Ocean tuna FIP

Feb. 11, 2020 6:14 PM

The objective of the fishery improvement project is to reach certifiable status for longline tuna fishing vessels in the region within five years

US investigates tuna brands
Judge dismisses tuna price-fixing suits against Lion Capital

By Jan. 30, 2020 7:13 PM

The judge denied plaintiffs' lawyers permission to amend their complaint to bring in additional evidence

US investigates tuna brands
US DOJ says not so fast to Bumble Bee’s FCF sale plans

By Jan. 20, 2020 6:12 PM

The US government argues that Taiwan's FCF should clarify details of how Bumble Bee's $25 million fine levied against the US tuna canner for price-fixing will be treated

US investigates tuna brands
Judge OKs Bumble Bee bonus programs but defers on accused execs

By Jan. 14, 2020 6:36 PM

A Delaware court judge must still determine if three execs accused of having knowledge of price-fixing at the company can share in $1.27 million worth of incentives

US investigates tuna brands
Broker dumped Bumble Bee as bankruptcy loomed; tariff, supply troubles compounded woes

By Jan. 9, 2020 7:36 PM

'In August 2019, the debtors’ sales broker of 25 years canceled its contract, likely because of concerns about the company’s future' -- Bumble Bee Foods' CEO Jan Tharp

US investigates tuna brands
Creditors argue against bonuses for Bumble Bee execs aware of price-fixing

By Jan. 7, 2020 8:12 PM

Creditors say the three executives they mention, whose names are blacked out in the legal filing, 'were directly involved in the debtors’ prepetition criminal price-fixing conspiracy'

US investigates tuna brands
Bumble Bee, FCF reach agreement to resume credit purchases

By Dec. 31, 2019 5:55 PM

After a court denied Bumble Bee's request that its tuna supplier FCF be allowed priority over other creditors, FCF mostly revoked the canner's permission to pay for goods on credit 

US investigates tuna brands
Judge sets Bumble Bee sale date for Jan. 23; Auction could still occur

By Dec. 27, 2019 5:46 PM

Creditors can file objections to the sale of the San Diego, California-based tuna canner by Jan. 10

Asia
Eight Indonesian one-by-one tuna fisheries begin MSC certification

Dec. 24, 2019 5:50 PM

The fisheries are located throughout the Indonesian archipelago, from North Sulawesi and North Maluku, to the Banda Sea, and East and West Flores in the south

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