Tuna Value Dropping, Industry Must Plan Ahead: Report

Tuna is holding steady as a $40 billion-a-year business, but commercial fisheries worldwide are hauling in bigger catches of dwindling value, threatening the long-term survival of some species, according to a new report.

“Fisheries caught 500,000 more metric tons in 2018 than in 2012, but were paid $500 million less in dock value,” study co-author Grantly Galland, an officer with The Pew Charitable Trusts’ international fisheries group, told AFP.

Unless governments that regulate the industry through regional management bodies adopt long-term strategies, everything from supermarket tuna to $100-a-portion sashimi could wind up in short supply, the report warned.

Crashing populations of skipjack, bigeye, yellowfin and bluefin would also jeopardise livelihoods and disrupt ecosystems in which the top-level predators play a critical role.

The world's top tuna fishing nations are Indonesia, which landed more than 550,000 tonnes in 2018, followed by Japan, Papua New Guinea, Taiwan, Spain, Ecuador and South Korea The world’s top tuna fishing nations are Indonesia, which landed more than 550,000 tonnes in 2018, followed by Japan, Papua New Guinea, Taiwan, Spain, Ecuador and South Korea

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Japan seeks to boost catch limits of prized bluefin tuna

MITO, Japan (AP) — Japan has proposed raising its catch quotas for Pacific bluefin tuna, a fish so highly prized for sushi and sashimi that its population is at less than 5% of historical levels.

An online meeting of countries that manage the Pacific bluefin that began Tuesday is studying the proposal to raise Japan’s catch limits for both smaller and larger bluefin tuna by 20%.

A slight improvement in the spawning population for the fish has raised confidence that it can recover from decades of overfishing. But conservation experts say increasing catch limits too soon could undo progress toward restoring the species.


Increasing harvests of such fish could also drive prices lower, making the industry less profitable in the long run, the Pew Charitable Trusts said in a report issued Tuesday.

The report, Netting Billions 2020: A Global Tuna Valuation, put the market value of seven tuna species including

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Bluefin tuna in focus as Japan seeks boost to catch limits

MITO, Japan (AP) — Countries involved in managing bluefin tuna fisheries are set to face-off over a Japanese proposal to raise its catch quotas for the fish, highly prized for sushi and sashimi.

At an online meeting that began Tuesday, Japan is seeking to raise its catch limits for both smaller and larger bluefin tuna by 20%.

A slight improvement in the spawning population for the fish has raised confidence that it can recover from decades of overfishing. But conservation experts worry that the capture of small fish used for farming bluefin tuna is may be putting the recovery of the species in peril.

The Western and Central Pacific Fisheries Commission includes more than two dozen countries that collaborate to manage fisheries on the high seas and curb illegal and unauthorized fishing and other activities that endanger highly migratory species such as the Pacific bluefin.

Countries participating in management of

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