Managing volatility in the price of fish is R D Tuna Canners’ biggest manufacturing challenge, according to General Manager Erwin Ortiz. He tells Business Advantage PNG that the company intends to increase its storage capacity as part of its strategy to deal with price fluctuations.
Control of foreign fishing vessels in international waters is the biggest threat to the South Pacific tuna industry, according to James Movick, Director-General, Pacific Islands Forum Fisheries Agency. He tells Business Advantage PNG that plans to increase aerial surveillance will help detect illegal fishing.
An expanded wharf, increased tuna output, boat replacements and a new blast freezer are part of tuna processor Frabelle’s development plans. But reducing costs is also important, as Frabelle’s Melinda Ragudos tells Business Advantage PNG.
Papua New Guinea’s fishing industry faces fierce competition from Thailand and the Philippines, says Pete Celso, Managing Director of R D Tuna Canneries in Lae. He believes a lack of control over imports is harming the local industry.
Melanesian oceans has calculated that its Gross Marine Product is equivalent to the combined economies of Fiji and the Solomon Islands and argues it requires special stewardship. An Asian Development Bank (ADB) report points to particular issues in tuna fishing.
A four-year A$ 1.7 million (K3.6 million) project has begun to map out how to revive Papua New Guinea’s dormant sea cucumber industry.
Eleven years after the Papua New Guinea government’s National Executive Council approved the scheme, the Pacific Marine Industrial Zone (PMIZ) in Madang Province has finally been launched, with local business leaders saying it will reduce freight costs, speed up transport and reduce congestion at Lae’s wharves.
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Papua New Guinea’s tuna industry leaders are calling for reform of the regional Vessel Day Scheme, saying it is counterproductive, speeding up stock depletion with the size of catches getting smaller.
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