A study in the journal Fisheries Research estimated that about 6m tonnes of tuna are now caught annually, a rate that “risks driving tuna populations to unsustainable levels and possible extinction”.
Century Pacific Food (CNPF), the Philippines' largest tuna canner, saw consolidated revenues grow by 22% year-on-year in 2017, hitting record high sales of PHP 34.50 billion ($661m).
A consortium of mainly state-owned Chinese firms have signed a framework agreement to build three “super fish farms” as part of a CNY 6 billion ($954.9 million) offshore development in the South China Sea.
China's stance of not wanting or fearing any trade wars and said the country has confidence and capability in dealing with any challenges.
Fishing firm Pingtan Marine Enterprise plans to launch more products on Chinese e-commerce giant JD.com in the future, after reporting a drop in fourth quarter profit, but a surge back into the black for its 2017 financial year.
Tuna catches in the eastern Pacific this year are about half of the level seen at this point in 2017, multiple sources at Ecuadorean tuna fishing firms told that.