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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Sapmer reduces losses

La Réunion fishing company Sapmer has announced loss of €6.10 million for the 2015 operating year, close to half the amount lost the previous year (€11.9 million). The company has been through some difficult years and appears to be struggling to make returns on its heavy investments in new tonnage in recent years.

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