EU tuna giants ‘condemned to create value’ with costs rising
Execs with four of EU’s largest tuna canners -- Bolton, Calvo, Garavilla, Jealsa-Rianxeira -- give views on the outlook for the sector at Worldwide Tuna Congress
Thai Union’s Lazazzara: High cost of sustainability far lower than that of doing nothing
'Our costs will increase, but doing nothing or not enough will cost more,' says Anthony Lazazzara, group fishery sustainability and procurement director with Thai Union
Spanish fleet owner calls for ITQs for tuna sector as overcapacity escalates
Manager of one of Spain’s tuna fishing fleets claims ITQs would be best way of guaranteeing sustainability for sector, where catching capacity has been rocketing
Albacora fleet manager: IATTC is ‘model’ for tuna management
Cap on new capacity and other management measures mean the IATTC is pick of bunch in RFMO terms, says Imanol Loinaz, fleet director for Spanish fishing giant Albacora
Thai Union confirms US division is whistleblower in tuna price fixing probe
Thai Union Group has confirmed it’s US shelf stable division is whistleblower in probe of price fixing in country's tuna sector from Department of Justice
Vigo tuna 2017: Ecuador exports hit by low prices, Venezuela chaos, Asian competition
Undercurrent News reported live from the VIII Worldwide Tuna Conference, held Sept. 11-12 in Spanish seafood hub, Vigo
Starkist under ‘direct control’ of Dongwon’s chairman Kim during price-fixing years, lawsuits allege
JC Kim, a legend in the tuna sector, directly controlled Starkist Co during years of alleged price-fixing conspiracy, a new wave of class-action lawsuits against big players claim
Oregon albacore fishery seeing very low harvests
Albacore harvesters based in Oregon are having one of the worst years on record for the species, catching several fewer millions pounds of the fish compared to 2016
Bumble Bee inks $850m debt refinance as $25m fine looms
Weeks after it reached an agreement with US prosecutors to pay a $25 million fine over the next five years, Bumble Bee Foods has inked a deal to refinance $850m in debt
Sources: Guilty pleas from Bumble Bee, Starkist execs support claim Thai Union is whistleblower in price-fixing suit
Guilty pleas from execs with Starkist and Bumble Bee, as well as latter company itself, support legal claims Chicken of the Sea is whistleblower on price-fixing cartel