CFTO becomes part of P&P

The acquisition of French tuna operator Compagnie Française du Thon Océanique (CFTO) by Dutch fisheries group Parlevliet en van der Plas (P&P) was finalised yesterday with the formal change of ownership dated 1st July, following a process of negotiation and pre-auditing since the agreement to negotiate a sale was announced in May.

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PNA and ISSF set out co-operation framework

The International Seafood Sustainability Foundation (ISSF) which represents tuna operators and processors, and the Parties to the Nauru Agreement (PNA) have signed a Memorandum of Understanding (MOU) establishing a framework for mutual cooperation. The three-year MOU will establish a mechanism for working more closely together on shared activities to promote the sustainability of tuna fisheries, as well ecologically healthy and productive marine ecosystems, in the Western and Central Pacific Ocean (WCPO).

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