The Palau Arrangement for the Management of the Western Pacific Fishery provides the framework for Parties to adopt management measures pertaining inter alia to the regulation of effort, capacity and seasonal and area closures for their tuna fishery. It provides the legal basis through which the Purse Seine and Longline Vessel Day Schemes have been established to provide limits and increase the economic returns from the tuna fishery.

NAURU AGREEMENT CONCERNING COOPERATION IN THE MANAGEMENT OF FISHERIES OF COMMON STOCKS (as amended April 2010)

The Federated States of Micronesia, the Republic of Kiribati, the Republic of the Marshall Islands, the Republic of Nauru, the Republic of Palau, the Independent State of Papua New Guinea, Solomon Islands and Tuvalu:

TAKING into account the work of the Third United Nations Conference on the Law of the Sea;

The Pacific Islands Forum Fisheries Agency (FFA) is implementing the Ocean Partnerships for Sustainable Fisheries and Biodiversity Conservation Project (OPP) in the Western and Central Pacific Ocean region. OPP is financed by the World Bank with funds provided by the Global Environment Facility.
FFA intends to use OPP funds to commission a series of studies on behalf of, and in collaboration with, the Parties to the Nauru Agreement(PNA) to consider the use of fish aggregating devices (FADs) by industrial fleets fishing in PNA zones and whether not PNA

To read PDF version click here: http://www.pnatuna.com/sites/default/files/Tuna%20Market%20Intel%20No%2…

MARKET UPDATE

Skipjack prices in Bangkok have reached between $1,950 and $1,970 per metric ton, a slight increase since the end of June.
Send us your tips to rebecca@pnatuna.com

INFLUENCERS REPORT

To read PDF version, click here:

MARKET UPDATE

Tuna prices have risen continuously since April from USD $1,500 mt in Bangkok to USD $1,950 mt, a high that has not been seen for three years.

The high market price is attributed to low WCPO catch rates that have resulted in lower skipjack volume coming to Bangkok, coupled with strong demand from processors.

This Position has been filled in February 2015.

Bali, Indonesia 30 November 2015: Use of Fish Aggregating Devices (FADs) in Parties  to the Nauru Agreement (PNA) waters will come under closer scrutiny at this year's Western and Central Pacific Fisheries Commission (WCPFC) meeting as figures show FAD closures have not reduced the bigeye tuna catch as intended.

   Bali, Indonesia 29 November 2015: Hard limits for purse seine fishing effort on the high seas, a package of management measures for both longline and purse seine fishing fleets, and capacity management for small island developing states to expand domestic fishing fleets are key elements of a plan the Parties to the Nauru Agreement (PNA) want to see adopted by next week’s Western and Central Pacific Fisheries Commission (WCPFC) annual meeting in Bali, Indonesia.

Bali, Indonesia 26 November 2015: The Parties to Nauru Agreement (PNA) will oppose any proposal for a separate Fish Aggregating Device (FAD) logbook being proposed by certain fishing nations to collect and report data on FADs.

   Majuro, Marshall Islands 14 November 2015: The PNA plan to implement a Vessel Day Scheme (VDS) for the longline fishing industry in the western and central Pacific received a boost recently with the agreement of Papua New Guinea and Tokelau to join the five PNA nations that had triggered launch of the plan at the end of last year.

   This brings six of eight Parties to the Nauru Agreement (PNA) members and Tokelau into the new management scheme that aims to manage a largely out-of-control segment of the multi-billion dollar tuna fishery in the region.

Subscribe to