Latest Fishing News
10-16 November 2020
Tuna Transshipment in Marshall Islands Picks Up, But Still Low

Tuna transshipment activity in the Marshall Islands picked up in October, but remains low compared to the past six years that saw Majuro become the world's busiest port for such transshipment.

COVID-19 quarantine requirements have reduced the number of purse seine fishing vessels coming into the Marshall Islands to transship their catches by 60 percent in 2020 compared to the past several years.

In 2019, Majuro averaged 37 transshipments a month. The 21 transshipments in October bumped the total for the year to 146, giving Majuro a monthly total of only 14.6 transshipments for the first 10 months of the year. Continue reading here (Source: Radio New Zealand).
MEPs Approve the Renewal of the Fisheries Partnership with Seychelles

Parliament adopted the renewed protocol to the existing EU fisheries partnership agreement with Seychelles.

The text was approved Wednesday with 504 votes in favour, 70 against and 112 abstentions.

The new Sustainable Fisheries Partnership agreement and its six-year protocol have applied provisionally since they were signed on 24 February 2020, following the Commission proposal of 7 January 2020.

The protocol provides tuna fishing opportunities for up to 40 purse seiners from Spain, France and Italy, and eight surface longliners from France, Spain and Portugal (for a total of 50.000 tonnes of tuna per year). Continue reading here (Source: European Parliament).
The Spanish Sector Celebrates the EU Fishing Agreement with Senegal for Tuna, But Sees the Hake Quota as "Insufficient"

The fishing sector has celebrated the agreement reached by the European Union (EU) with Senegal for catches of tuna, understanding that it "adjusts" to the demands transferred to the Administration, although it has considered the "possibilities" offered by the quota set for toothfish.

Specifically, this week the plenary session of the European Parliament approved the fishing protocol of the EU and Senegal, which gives access to the waters of the African country to vessels from Spain, France and Portugal to fish mainly tuna and also black hake during a period of five years. Continue reading here (Source: Fish information & Services).
EU "Regrettably" Introduces New Tariffs on US Goods - But Most Seafood is Exempt

The European Union has imposed countermeasures against many exports from the United States that it was awarded by the World Trade Organization (WTO) in lieu of illegal U.S. subsidies granted to aircraft-maker Boeing.

With the countermeasures agreed by E.U. member-states, the European Commission's regulation increasing tariffs on U.S. exports into the E.U. worth USD 4 billion (EUR 3.4 billion) will be published in the Official Journal of the E.U.

The commission’s preliminary list had covered a range of U.S. goods, including some 42 different U.S. seafood products. Additional tariffs of 15 percent have now been placed on aircraft, alongside additional tariffs of 25 percent on a range of agricultural and industrial products imported from the states. Continue reading here (Source: SeafoodSource).
Thai Union Turns to Newer Products As Growth Slows

With its core businesses seeing relatively slow growth, SET-listed Thai Union Group (TU), a global seafood conglomerate, plans to develop more new businesses such as ingredients, tuna oil and hydrolysed proteins, and calcium over the next five years.

The company is keen on beefing up its investment in startups, with areas of interest including alternative protein made from new technology, health and nutrition, said Thiraphong Chansiri, president and chief executive of TU.

"Over the next five years, we will no longer invest in core businesses," said Mr Thiraphong. "We are large enough to be gauged by production capacity and scale." Continue reading here (Source: Bangkok Post.
NEDS Projects to Diversity Export Market for Tuna, Less Emphasis on EU

As part of strategies to diversify Ghana’s export market for tuna and other fishery products, the Ghana Export Promotion Authority (GEPA), as part of interventions under the National Export Development Strategy (NEDS), will explore other markets aside the European Union (EU).

GEPA has identified that the overreliance on the EU market for Ghana’s tuna and fishery product in the next decade, could hinder the country’s goal of achieving a projected revenue of US$1.121 billion from export of tuna and other fishery products by 2029.

The Authority, apart from its ambitious revenue goal in the next decade, is also targeting to rake a fishery export revenue of US$153 million by the end of next year. Continue reading here (Source: GhanaWeb).
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