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Latest Fishing News
14 April 2026
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EU Reaches New Fisheries Agreement with Seychelles
The European Union has secured a new fishing agreement with the Republic of Seychelles, providing financial support to the nation in return for access to its fisheries. “This marks a new step in strengthening our bilateral cooperation,” the E.U. said in a social media post announcing the new deal. According to the Seychelles government, it concluded negotiations with the E.U. on a new four-year sustainable fisheries partnership agreement (SFPA) on 1 April. Continue reading here (Source: SeafoodSource).
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Maldives' Skipjack Tuna Fishery Receives International Rating for the First Time
An international rating has been granted to the skipjack tuna fishery conducted in the Maldives for the first time.
The Ministry of Fisheries stated today that the Monterey Bay Aquarium’s "Seafood Watch" program, which is referenced by companies and others purchasing fish in the United States, has assigned a specific rating to the Maldives in its latest criteria release. Continue reading here (Source: The Edition).
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Pacific Tuna Catch Hits Record Highs: Insights from the WCPFC22 Report
The Pacific Ocean remains the heart of the world’s tuna industry, and the latest data shows it is working overtime. Following the Western and Central Pacific Fisheries Commission (WCPFC) 22nd annual meeting, a newly released summary report reveals a year of unprecedented numbers—and unprecedented challenges. From record-breaking catches to the shifting shadows of climate change, here is what you need to know about the state of our oceans. Continue reading here (Source: Fishing Industry Association Papua New Guinea).
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Ocean Shifts Are Shaping Yellowfin Tuna Productivity in the Pacific
Assessing temporal changes in population productivity is essential for the effective management of pelagic fish stocks in a changing climate. In this investigation, a stochastic surplus production model in continuous time (SPiCT; it models stock dynamics and the dynamics of the fisheries) with time-varying parameters was used to investigate the productivity dynamics of yellowfin tuna (Thunnus albacares) in the western and central Pacific Ocean and to assess how environmental variability influences productivity.
A study by Jianfeng Zhu and colleagues in China and the United States explored multiple scenarios of time-varying parameterization to account for uncertainties in productivity estimates and the associated biological reference points. Applied generalized additive models were then applied to quantify the relationships between environmental variables and the time-varying productivity. Continue reading here (Source: Global Seafood Alliance).
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Fishermen Feel the Strain After Iran War Ramps Up Fuel Prices
As the sun sets over the Adriatic Sea, Marijan Jakopovic prepares his boat and nets to sail out as he has done for the past 30 years. But the 55-year-old fisherman from Croatia says times have never been so tough for many in his line of work.
Rising prices of fuel driven by the war in Iran are taking their toll on Croatia’s fishing industry, adding to a myriad of existing problems, from limited stocks and fishing restrictions, to widespread imports of frozen seafood. Continue reading here (Source: AP).
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Dongwon Industries Pursues Tuna-Based Bio Push in South Korea
Dongwon Group is drawing up a future strategy to enter the bio business by using byproducts of its core business area, "tuna."
According to reporting compiled by ChosunBiz on the 10th, Dongwon Industries, the holding company of Dongwon Group, is pushing a plan to extract functional ingredients from tuna byproducts, develop them into health functional foods, and commercialize them. Continue reading here (Source: ChosunBiz).
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FFA and Iceland Ocean Cluster Partner to Unlock More Value from Pacific Fisheries
The Pacific Islands Forum Fisheries Agency (FFA) has signed a new Memorandum of Understanding (MoU) with Iceland Ocean Cluster, marking a new step in efforts to drive innovation, reduce waste, and create greater value from Pacific fisheries.
The three-year agreement brings together two organisations with a shared interest in making better use of marine resources and strengthening the blue economy. It also opens the door for closer collaboration between the Pacific and the North Atlantic on seafood innovation, knowledge sharing, and sustainable business development. Continue reading here (Source: Pacific Islands Forum Fisheries Agency).
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South Korea Has Bluefin Tuna Boom; Quotas Mean Hundreds of Tons Discarded
Calls are growing to raise tuna quotas for South Korea’s eastern provinces as rising sea temperatures have seen the warm-water species expand its habitat to the country’s entire East Sea coastline.
The push comes after South Korea recently identified juvenile bluefin tuna for the first time in its northernmost waters, suggesting the species may be establishing a spawning ground in Korean waters. Continue reading here (Source: Inquirer.net).
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Current MGO Price Indications
*Prices are indications only.
| | | | USD6.18/gallon | USD1,631/KL | | | | USD5.37/gallon | USD1,419/KL | | | | USD5.58/gallon | USD1,475/KL | | | | USD6.42/gallon | USD1,696/KL | | | | USD4.16/gallon | USD1,100/KL | | Pago Pago, American Samoa | | | | | USD5.39/gallon | USD1,424/KL | | | | USD5.60/gallon | USD1,479/KL | | |
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