Tri Marine selling tuna seiner to Albacora amid ‘chronically oversupplied’ market

US-based tuna group Tri Marine International is in the process of selling one of two purse seiners close to being finished in a Spanish yard to Albacora Group, the owner of the largest fishing fleet in Europe. Both the vessels, Cape Ann and Cape Coral, which were launched at the Astilleros Armon Gijon shipyard on the northern coast of Spain in September, were set to operate from Pago Pago, American Samoa, where Tri Marine is inaugurating its long-awaited Samoa Tuna Processors cannery in January.  Read the rest here 15:20