Tag Archives: U.S. tuna fleet
AFT Holdings to Withdraw from Direct Investment in Tuna Vessels
AFT Holdings, Inc. today announced its intent this year to withdraw its direct investment in the U.S. Flagged Ocean Global and Sea Global Fleet of Tuna Seiners. Going forward, the international investment group will focus its resources on its current portfolio of companies, as well as in creating new opportunities in the functional and healthy food space. In 2007, AFT and its principals were one of the original investors to commit to the resurgence of the U.S. Tuna Fleet in the Western Central Pacific. In 2006, the U.S. Fleet had been reduced to 13 vessels,,, >click here to read<19:27
Companies Express Disappointment in Slow Progress of South Pacific Tuna Treaty Negotiations
“The
has been unable to operate at full capacity due to ongoing Treaty negotiations since August of 2015. Our Fleet was forced to cease fishing operations entirely in the first quarter of this year. Even so, we have not wavered and have been working against the clock since the U.S. announced a formal withdrawal from the existing Treaty in January. As I have stated before, a dissolution of this Treaty would be devastating to the U.S. Fleet and the tuna industry as a whole, collapsing the vessels operating under U.S. Flag, as well as the commercial operations that depend on their harvest. This has a direct effect on thousands of jobs in the Islands Nations, American Samoa and in the continental U.S. Read the story here 08:34
Pressure mounting for US tuna fleet to secure tuna rights after ‘no deal’
A shareholder in the largest U.S. tuna fleet this week decrying the ‘no deal’ conclusion of American treaty negotiations with Pacific Island nations that leaves the United States tuna fleet without fishing access to the Pacific Ocean in 2015. Read more here 10:06
