Latest Fishing News
15-21 September 2020
Tuna Exports From Vietnam to EU Surge Thanks to Trade Deal

Tuna has become one of Vietnam’s first export items to benefit from the country’s free trade deal with the E.U., with shipments surging in August.

They rose 65 percent year-on-year to $6.3 million in the first half of August after the landmark EU-Vietnam Free Trade Agreement (EVFTA) took effect at the beginning of the month.

The Vietnam Association of Seafood Exporters and Producers (VASEP) attributed the rise to the trade deal. Most of the orders were for frozen, steamed and canned products, which have all seen tariffs scrapped or reduced, it said.

There is potential for further growth, it added. Continue reading here (Source: VnExpresss).
Council Identifies Priorities for US Pacific Islands Fishery Economic Growth, Regulatory Relief

The Western Pacific Regional Fishery Management Council, meeting virtually this week, recommended actions the Trump Administration could take to promote seafood competitiveness and economic growth and to provide regulatory relief to support economic recovery for the offshore fisheries of Hawai’i, American Samoa, Guam, the Commonwealth of the Northern Mariana Islands (CNMI) and eight Pacific Remote Island Areas (PRIAs). The Council member representing the Hawai’i State Department of Land and Natural Resources (DLNR) and the NMFS Pacific Islands Regional Office (PIRO) voted in opposition. Continue reading here (Source: Saving Seafood).
Coast Guard Releases New Plan to Combat Illegal, Unreported, and Unregulated Fishing Worldwide

The Coast Guard released a new strategy to enhance global safety, security and stewardship of the maritime domain by combating Illegal, Unreported, and Unregulated (IUU) fishing, Thursday.

IUU is a collection of dishonest fishing practices threatening the sustainability of fish stocks worldwide. Here in the Pacific, IUU presents a dire threat to many communities who rely on sustainable fish stocks for their nutritional and economic benefits.

“The Coast Guard’s IUU Fishing Strategic Outlook outlines the Service’s efforts to combat the scourge of IUU fishing over the next decade,” said Adm. Karl Schultz, commandant of the Coast Guard. “We are committed to working with our allies and like-minded partners to strengthen the international fisheries enforcement regime and counter this pervasive threat. As a recognized world leader in maritime safety, security and environmental stewardship, the Coast Guard has a responsibility to help build a coalition of partners willing to identify and address IUU fishing bad actors and model responsible global maritime behavior.” Continue reading here (Source: U.S. Indo-Pacific Command).
Hawaii Court Hears Case on Legality of Foreign Fishing Labor

The Hawaii Supreme Court heard arguments Friday on the legality of granting licenses to foreign workers in Hawaii’s longline commercial fishing fleet, which for years has been under scrutiny after an Associated Press investigation revealed claims of human trafficking and questionable labor practices.

The case involves the issuance of Hawaii state commercial fishing licenses to individual foreign fishermen who are not “lawfully admitted” to the United States.

State law says only those legally in the country can get licenses to catch and sell marine life, but the workers do not have visas to enter the U.S. so they are ordered to live onboard the fishing boats by federal officials. They must eat, sleep and work on the boats, often for years at a time, and are subject to deportation. Continue reading here (Source: The Washington Post).
Through a Big Play in Japan, Warren Buffet is Now One of the World's Biggest Seafood Investors

On 31 August, Berkshire Hathaway announced it had acquired slightly more than a five percent stake in each of the five major Japanese general trading companies: Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo – all based in Tokyo – through regular purchases on the Tokyo Stock Exchange.

Collectively, the investments have a combined value of USD 6.7 billion (EUR 5.6 billion).

Berkshire Hathaway’s CEO, Warren Buffett, considered one of the most successful investors in the world, further announced that he was open to accumulating a larger share, up to 9.9 percent of each company, all of which have been moving deeper into the seafood business. Continue reading here (Source: SeafoodSource).
Safe Catch Solves Mercury Problem in Seafood for Industry and Consumers

Safe Catch’s revolutionary technology, which tests fish for mercury in under 60 seconds, is now certified by AOAC INTERNATIONAL as equivalent to ICP-MS testing methods utilized by the FDA. A Safe Catch mercury test is 250 times faster than an ICP-MS lab. AOAC International certification is the premier standard for verifying scientific testing methods and confirms Safe Catch is the undisputed authority in testing seafood for mercury.

Safe Catch has tested over 5 million tuna for mercury and tests more tuna fish in a day than the FDA has tested in its history. Safe Catch will share its extensive data on mercury levels in tuna and other fish with researchers so they can better understand the impact of coal plant emissions on ocean fish. Continue reading here (Source: Perishable News).
Growing Presence of Chinese Squid-Jiggers Near Galapagos Causes Uproar in Ecuador

China’s squid-fishing fleet is hoovering up food stocks essential to the survival of rare species on Ecuador’s Galápagos Islands, according to research by Oceana, an NGO which has been tracking over 300 Chinese vessels in the waters.

A statement from the U.S.-based nonprofit notes that squid are “essential to the diet of iconic Galápagos species such as fur seals and hammerhead sharks, as well as for many commercial and recreational fish species, including tuna and billfish, that contribute to the local economy.” The statement is similar to those released by Ecuadorian environmental protection and artisanal fishery groups in recent weeks.
Continue reading here (Source: SeafoodSource).
Current Price Indications
 *Prices are indications only. 
Please contact us for firm pricing.
Clipper Oil offers a weekly update with the latest positions of the high-seas fuel tankers working throughout the Pacific and all other oceans.

To view the latest positions of our high-seas tankers, please click here.

To be added to our weekly high-seas tanker email distribution list, please 
click here.
Worldwide Wholesalers of Marine Fuels & Lubricants
Contact Us 24/7
USA Headquarters
2040 Harbor Island Drive
Suite 203
San Diego, CA 92101 USA
Tel: +1-619-692-9701
Singapore Office
8 Eu Tong Sen Street
#23-86, The Central
Singapore, 079624
Tel: +65-6646-5367
American Samoa Office
P.O Box 988
Pago Pago
American Samoa, 96799
Tel: +1-684-633-5002
bunkers@clipperoil.com
www.clipperoil.com