Latest Fishing News
2-9 November 2020
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Chile, Colombia, Ecuador and Peru Join Forces to Combat Illegal Fishing
Four South American countries joined forces this week in a bid to combat illegal fishing by huge Chinese fleets off their coasts. Chile, Colombia, Ecuador, and Peru threatened measures “to prevent, discourage and jointly confront” illegal fishing near their exclusive economic zones in the Pacific.
The joint statement made no specific mention of China but environmental groups Greenpeace and Oceana have repeatedly warned of the growing presence of massive Chinese fishing fleets in the area.
Oceana has said in an August report that more than 900 vessels of Chinese origin in 2017, and 700 in 2018, probably caught almost as much Pacific flying squid as Japan and South Korea combined – more than 160,000 metric tons worth over US$440 million.
The South American quartet said they would boost “cooperation and real-time exchange of information” to highlight illegal fishing off their coasts. Continue reading here (Source: MercoPress).
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Thai Union's Profit Hits All-Time High in Q3
SET-listed Thai Union Group Plc (TU) saw its third-quarter net profit rising by 50% year-on-year, a quarterly record, due to strong sales growth and reduced losses in Red Lobster Seafood Co, the company's restaurant arm.
Net profit was registered at 2.1 billion baht during the July to August period, with nine-month net profit increasing by 74% year-on-year to 4.8 billion baht.
Excluding US legal fees of 1.4 billion baht incurred during the second quarter, normalised net profit growth will be at 15% year-on-year.
"[Third-quarter net profit growth] is mainly due to strong core operations and reduced losses in Red Lobster," said TU in its management, discussion and analysis of third-quarter results. Continue reading here (Source: Bangkok Post).
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Pacific Fisheries Observer Suspension Extended, WCPFC Says Health of Observers a Priority
The Western and Central Pacific Fisheries Commission (WCPFC) has extended the suspension of total fisheries observer coverage in the region until February 2021, amid the continuing COVID-19 pandemic.
In a circular memo dated 22 October, WCPFCC Chair Jung-re Riley Kim stated that the commission and its members agreed to suspend the requirements for observer coverage on purse-seine vessels until 15 February. The suspension of observer coverage was supposed to expire on 31 October, but the commission decided to extend it due to COVID-19 travel restrictions.
The suspension of 100 percent of fisheries observer coverage was initiated in March as the pandemic escalated, preventing observers from getting on the vessels. Continue reading here (Source: SeafoodSource).
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Century Tuna Maker Says Q3 Profit Up 15 Percent on Strong Sales
Century Pacific Food (CNPF) on Tuesday said it posted a 15 percent increase in net income for the third quarter on robust sales of its branded canned goods and milk products.
Net income for the third quarter was slightly above P1 billion compared to P898 million it posted in the same quarter last year.
The firm said profit growth was driven by the 16 percent revenue leap in its branded marine, meat and milk products which include Century Tuna, 555, Argentina and Birch Tree, among others. These account for 81 percent of the company’s total revenue.
From January to September this year, CNPF recorded a 27 percent rise in consolidated net income to P3.3 billion. Continue reading here (Source: ABS-CBN News).
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Newest ISSF Participating Tuna Company Compliance Report Shoes 99.4% Conformance With ISSF Conservation Measures
The International Seafood Sustainability Foundation (ISSF) has released its fifth annual Update to ISSF Conservation Measures & Commitments Compliance Report, which shows a conformance rate of 99.4 percent by 25 ISSF participating companies with all 27 ISSF conservation measures in effect as of October 1, 2019.
As part of its commitment to foster transparency and accountability in the fishing industry, ISSF engages third-party auditor MRAG Americas to assess ISSF participating seafood companies’ compliance with ISSF conservation measures according to a rigorous audit protocol. Continue reading here (Source: Scoop Independent News).
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American Samoa Congresswoman Says Pacific Delegates Need to Work Together
American Samoa Congresswoman Aumua Amata Radewagen says she looks forward to continuing to put the interests of the territory to the new US House of Representatives.
Aumua was re-elected for a fourth term by an overwhelming margin this week, although results are still regarded as unofficial at this stage.
She said now that the election is finally over she hopes to work alongside lawmakers and the administration in the territory to provide a new coronavirus relief package.
Aumua says she also wants to continue the good work on healthcare like the MEDICaid improvements of the last year. Continue reading here (Source: Radio New Zealand).
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Pacific Nations Security Leaders Share COVID-19 Lessons
Delegates from Pacific Island nations’ security agencies have connected from across the region for the second Joint Heads of Pacific Security event.
The Chief of the Defence Force General Angus Campbell AO DSC, Australian Federal Police Commissioner Reece P Kershaw APM, and Australian Border Force Commissioner Michael Outram APM, joined security leaders from 24 nations and territories, and five regional bodies for the strategic-level dialogue.
The themes for the event focused on responding to the collective challenge of COVID-19 in the areas of border security, maritime security, and humanitarian assistance and disaster relief (HADR) and how to become better than the sum of our parts. Continue reading here (Source: Mirage News).
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