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Latest Fishing News
18 August 2026
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High Fuel Prices Squeeze U.S. Albacore Fleet
The 2026 commercial albacore tuna season is off to a limping start, beleaguered by high fuel prices, sporadic fishing and fewer fishermen.
“Our expenses have gone up over 30% overall,” said commercial fisherman Kris Griffith, 41. “It’s been a struggle to figure out how we’re going to do best." Continue reading here (Source: The Daily World).
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Eastern Pacific Tuna Closure Begins as Prices Remain Elevated
The Eastern Pacific Ocean purse seine tuna fishery is in its annual closure period under rules set by the Inter-American Tropical Tuna Commission (IATTC), the multilateral body that manages tuna and other fish stocks across the region. The closure applies to large purse seine vessels targeting bigeye, yellowfin, and skipjack tuna and is a standard conservation measure in place for years. Continue reading here (Source: Seafoodnews).
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Samoa Pushes Stronger Fish Stock Monitoring and EEZ Security at WCPFC
Samoa is pushing for stronger monitoring of fish stocks and greater protection of its Exclusive Economic Zone (EEZ) as the Western and Central Pacific Fisheries Commission (WCPFC) scientific session gets underway in Apia.
Assistant Chief Executive Officer of Fisheries Roseti Imo said effective monitoring and management of fish stocks was critical to ensuring Pacific countries benefit from their marine resources. Continue reading here (Source: Pacific News Service).
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19% U.S. Tariff Puts Pressure on Thailand's Tuna Industry
The confirmation of a 19% reciprocal tariff rate by the Office of the United States Trade Representative (USTR) on imports from Thailand has generated additional pressure on the Thai seafood industry, particularly across the supply chains for shrimp (Penaeus vannamei) and tuna (Thunnus spp.). Continue reading here (Source: Fish Information & Services).
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Pacific Tuna Industry Shifts Focus Toward Greater Regional Value
The Forum Fisheries Agency is shifting its focus to value retention and economic development for its members.
FFA Director-General Noan David Pakop said the shift was critical for members as Pacific tuna stocks remain among the healthiest in the world.
Continue reading here (Source: Radio New Zealand).
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Dongwon Industries Q2 Profit Rises 13% as Tuna Distribution Grows
Dongwon Industries (006040.KS), the operating holding company of Dongwon Group, posted double-digit operating profit growth in the second quarter, as expansion in its business-to-business (B2B) operations and stronger exports offset weakness in its food business caused by a high won-dollar exchange rate and rising costs. Continue reading here (Source: Seoul Economic Daily).
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Japan Pushes for Expanded Pacific Bluefin Tuna Quotas
Japan's Fisheries Agency says an international conference on managing Pacific bluefin tuna stocks will be held next week. This comes after negotiators at the previous conference failed to reach an agreement on new fishing quotas.
Participants at the conference in July discussed catch quotas for the prized fish in part of the Pacific Ocean, including waters near Japan.
Continue reading here (Source: NHK World).
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Ecuador's Fishermen Risk Cartels, Extortion, US Strikes at Sea
At first light along Ecuador’s Pacific coast, small fishing boats leave the villages of San Mateo and Jaramijo, heading toward deeper waters in search of the day’s catch. Others make their way back through the rolling surf to battered coves, where crews unload baskets of tuna and swordfish as traders rush to assess the haul.
But beneath the familiar rhythm of life at sea lies a growing threat. In Manabi province, drug cartels have turned small fishing ports into key links in cocaine trafficking networks, exploiting fishermen who know the coastline and waters intimately. The cartels lure them with the prospect of earning more from a single smuggling trip than they could make legally in a year, while those who refuse can face extortion, threats and violence. Continue reading here (Source: Daily Sabah).
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Seafood Task Force Launches Five-Year Program to Improve Tuna Vessel Crew Welfare
Hundreds of tuna vessels will take part in a pioneering risk-based assurance and remediation programme designed to drive continuous improvement in the living and working conditions of fishing crews.
Participating STF Tuna members have committed USS1.2 million in 2026, the first tranche of payments to support this 5-year initiative, already underway covering 10 intenational ports spanning three oceans. It combines independent fishing vessel social compliance qualified assessments with practical remediation solutions that help vessel owners address identified risks and strengthen labour standards over time. Continue reading here (Source: The Fishing Daily).
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Current MGO Price Indications
*Prices are indications only.
| | | | USD4.75/gallon | USD1,255/KL | | | | USD4.47/gallon | USD1,181/KL | | | | USD4.94/gallon | USD1,304/KL | | | | USD6.31/gallon | USD1,666/KL | | | | USD4.05/gallon | USD1,070/KL | | | | USD4.55/gallon | USD1,201/KL | | Pago Pago, American Samoa | | | | | USD4.18/gallon | USD1,104/KL | | | | USD3.08/gallon | USD814/KL | | |
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