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Sapmer Shows Strong Increase In Tuna Sales Over 2nd Half Of 2013

One of the major French fishing companies, Sapmer, has reported dramatically higher tuna sales in the first half of 2013 creating for the company a revenue boost of six percent compared to the same period last year in its overall results.

Sapmer saw huge 98 percent rise in whole tuna sales amounting to USD 25.3 million in 6 months.

This growth is said to have happened due to an extra 1.5 operational vessels in the first half of this year, with now five seiners out fishing compared to 3.5 in the first half of 2012. Market sales of whole tuna in Japan have also contributed, with loin imports in that market decreasing due to the devaluation of the yen.

Yannick Lauri, CEO of Sapmer said: “the structure of our tuna activity continues to meet the standards and objectives set out by the group.”

It has also been reported that landings in the southern ocean of both toothfish and rock lobster amounted to EUR 30.1 million.

The sales of toothfish reached EUR 22.1 million, representing a slight decline with respect to EUR 22.9 million in 2012. This could be due to a decrease in prices which was evident in the second semester of 2012.

Lobster sales were still strong with EUR 8 million this semester compared to EUR 9.3 million up to 30 June 2012.

The work towards gaining new markets is continuing with the growth of tuna steaks sales to Europe, and the confirmed entry on the American market. South Africa and Italy are also showing great potential.