Clipper Oil: Latest Fishing News – Papua New Guinea Ends Discounted Fishing Fees, Shaking up Tuna Industry

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Latest Fishing Headlines
Papua New Guinea Ends Discounted Fishing Fees, Shaking up Tuna Industry
Peruvian Industry Association Opposes Changes to Foreign Tuna Landings Obligation
Ecuador and Nicaragua Strengthen Commercial Ties
Tuna Tracking Technology Trialled in Fiji
Tuna Goes for $323,000 at Tokyo Fish Market’s Final New Year Auction
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Papua New Guinea ends discounted fishing fees, shaking up tuna industry

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Papua New Guinea’s Prime Minister Peter O’Neill announced in December that 2018 would bring changes to the country’s seafood industry, starting with the cancellation of a fishing subsidy and its replacement with a rebate for local seafood processors. Papua New Guinea had previously discounted the price of fishing days bought through the country’s vessel day scheme….
Read more (seafoodsource.com)

Costa Rica to tackle pelagic fishery sustainability

The formation of a new fishery improvement project (FIP), focusing on tuna, swordfish, and mahi fishing in Costa Rica, has been announced today. In Costa Rica, tuna and related species represent more than 60 percent of the catches within a fishing sector that in 2012 provided around 7200 jobs nationally, with 23 percent in harvesting, 72 percent in processing, and 6 percent in distribution of seafood products….
Read more (thefishsite.com)

Heart and Brain Health: Eating Fish Weekly Is Good for Your Body and Mind

A study from the University of Pennsylvania found that, when eaten weekly, fish helped kids sleep better and also boosted their IQ, by about four points on average.
The National Institute of Health explains that the main source of the food’s health benefits are omega-3 fatty acids, which are plentiful in seafood. The term actually refers to three separate acids….
Read more (newsweek.com)

Japan’s pole-and-line tuna fishery enters MSC assessment

Ishihara Marine Products Co. Ltd. has entered its pole-and-line skipjack and albacore tuna fisheries for assessment against the MSC Fisheries Standard. This company caught 1,780 metric tonnes of skipjack and albacore tuna in 2016. This assessment will be carried out by independent assessment body ME Certification Ltd, a Control Union company. The fishery is assessed against the three core principles of the MSC Standard: stock health, impact on the marine environment and management of the fishery…
Read more (fis.com)

The US Canned Tuna Market: An Oligopoly?

The US price fixing scandal has shown how the canned tuna market in the country is an “oligopoly”, with the Big 3 brands dominating the concentrated market, according to a lawyer deeply involved with the case. Christopher Lebsock, a Partner at Hausfeld LLP represents Olean Wholesale Grocery Co-op, Inc., the first plaintiff to file a civil lawsuit against StarKist, Bumble Bee and Chicken of the Sea, accusing of conspiracy to fix prices of canned tuna artificially high in the US market….
Read more (atuna.com)