(fis.com) Higher raw material costs mean tuna company Thai Union Frozen Products Plc (TUF) might not achieve its revenue growth target of 15 per cent.

(fis.com) The catch quota for bluefin tuna in the Eastern Pacific Ocean was set for the first time at the annual meeting of the Inter American Tropical Tuna Commission (IATTC) held in June in the US at 10,000 tonnes total over 2012 and 2013.

(Xinhua) The Philippine fishery sector incurred losses amounting to 387 million pesos (9.26 million U.S. dollars) due to typhoons Vicente and Saola (local names Ferdie and Gener) and monsoon rains, a senior government official confirmed on Friday.

(SeafoodSource) Seafood exports from Norway remain stable despite the EU’s economic woes, report officials at the Norwegian Seafood Council (NSC).

(vasep.com.vn) In January – June 2012, Vietnam pangasius export to the EU dropped nearly 27 percent compared to the same period of 2011. The downtrend is predicted to continue in the coming months when traders see no sign of recovery in the European economy.

(SeafoodSource) Strong demand for sea cucumber (also known as beche mere) is driving investment in the sector in China, say analysts monitoring key cultivators.

(vasep.com.vn) On 8th August 2012, Dong Thap province’s Department of Commerce and Trade held a meeting with representatives from relevant governmental agencies and local seafood exporters to discuss measures to help the province’s pangasius sector overcome the difficult time.

(vasep.com.com) Lack of capital for operations and declining EU market were two main factors of Vietnam pangasius industry in the second quarter and also the first half of 2012. Earnings from pangasius export reached US$428.3 million in Q.II/2012, up only 6 percent. This figures was below the growth of 13 percent in Q.I/2012, when the fish totaled US$428.3 million. Fish trade began stumbling in June with 14.4 percent drop. In January – June 2012, shipments of pangasius products totaled US$853.7 million, up only 3 percent from the same period last year. Vietnam’s fish sales continued to slide 10 percent showed little sign of recovery in July, particularly when it was to soon to see the effectiveness of the government’s VND9,000 billion loan package to help farmers and processors overcome difficulties.

(vasep.com.vn) Seafood export in the third quarter of 2012 is expected to recover along with positive sings in both domestic and foreign markets. Vietnam seafood exporters will be able to earn US$1.84 billion, up 17 percent from US$1.567 billion of the second quarter and up 7 percent from the same period last year. It helps enhance total export value in the first three quarters to US$4.7 billion.

(foodnavigator.com) Price, taste and brand overrule nutrition labelling when it comes to what makes consumers buy one food and drink product over another, according to fresh research from the European Food Information Council (EUFIC).

(seafood.com.vn) US pangasius imports continued to surge in June 2012 adding to already burgeoning inventories, forcing market prices to levels not seen since 2010.

(seafood.com) It may be August recess on Capitol Hill, but a heated debate over wasteful spending and special interest groups—centering on the unassuming catfish—isn't over just yet.

(Atuna.com) The demand for fresh yellowfin tuna in the U.S. was exceptionally high last year, accounting for 93% of the country's fresh tuna imports.

(Zawya) Some 200,000 tons of tuna fish will be produced in the current Iranian year (started March 20), said head of Iran Fishery Organization.

(fis.com) The Ministry of Production (Produce) prohibited Peruvian flagged purse seine vessels that have capacity class 4 to 6 of the Inter American Tropical Tuna Commission (IATTC), with over 182 tonnes carrying capacity, from capturing tuna and similar species.