Fast-growing tuna firm Frime hires Krustagroup veteran Mugica as CEO
Frime, a Spanish tuna firm investing €12.5 million in a major processing expansion, has hired long-time Krustagroup exec Mugica as its CEO, the latter confirmed to Undercurrent News
Bangkok tuna prices backslide, eating into COVID-driven rise
Tuna prices might fall even further in October, according to sources
Palau’s ocean protections come under fire in national election
Once hailed by the UN as a great achievement, Palau's 500,000 sq. km national marine sanctuary has had adverse side effects for threatened local species and fishermen
China’s Shanghai Kaichuang plans €30m Albo tuna plant in Spain
Chinese seafood giant Shanghai Kaichuang plans to build a €30.4m plant in Spain to combine production from two leased facilities operated by its Albo subsidiary
MSC-certified Aussie tuna catches expand by factor of five
The scope of the eastern Australian certification has widened to include bigeye, and expanded the volume of certified catch to around 4,000t of tuna and swordfish
Consumer groups square off against US canners in tuna price-fixing appeal
At issue is judge Janis Sammartino's 2019 grant of 'class certification' to plaintiffs in price-fixing lawsuits filed against the 'big three' US tuna canners.
PNG maintains fishery observers despite western Pacific tuna fleet extending suspension
PNG tells Undercurrent why it has kept its requirement for 100% observer coverage, while the Western Pacific and PNA suspended it last March, and recently extended the suspension to October
Skipjack prices expected to rise further in August on FAD closures
Prices might rise to $1,650-$1,700/t during the FAD closures, according to one Asian executive, who pointed out 'there is really not much catch and not too many vessels out'
Global Tuna Alliance calls for 25% reduction on Indian Ocean yellowfin catches
The call comes as Indonesia withdrew as host of the upcoming IOTC meeting, which has been postponed to November due to the pandemic and will now take place online
New England CEO: COVID-19 fallout is ‘carpe diem’ moment for seafood sector
Seafood companies must capitalize on the environment created by the coronavirus pandemic, not sit back and hope for the best, said NESI CEO