Step forward in making PNA MSC tuna widely available at competitive
prices

It is with great enthusiasm that we announce the signing of a
Memorandum of Understanding (MoU) with RD Corporation, one of the
larger players in the global tuna market. Philippine-based RD
Corporation, a vertically integrated fishing and processing group, has
now committed to catching MSC certified free school skipjack and
yellowfin tuna and to creating more jobs and income for PNA island
people, by further increasing its processing within PNG. This deal is of
major importance not just for PACIFICAL, the PNA and our people of the
Pacific, but for the entire tuna market.

“This new cooperation is a major step forward in making truly
sustainably-caught canned tuna more widely available in the EU
market, and hopefully also in the US,” says Pacifical CEO Henk Brus.

The signing of this MoU, which took place in Cologne, Germany on
Monday at the world’s biggest food fair ANUGA, is expected to result, in
2018, in over one thousand containers of MSC-certified canned and
pouched tuna from PNG and the Philippines making its way to EU based
importers, retailers, food service companies and food processors.

With an annual purse seine tuna catch of around 90,000 tons, RD
Corporation is a major player in the global tuna market; the main
canner in PNG with its RD Tuna plant in Madang, and its Philbest
operation in General Santos, Philippines. Both origins have the
possibility for zero percent import duty when product is imported into
the EU.

Taking into consideration the recent decision by our Board of Directors
to reduce our service fee to 2%, along with the zero duty possibility,
this agreement will most likely make MSC tuna available at more
competitive prices within the EU market, making it more attractive to a
wider group of buyers, and thus a further growing contribution to true
sustainability of our pristine ocean eco-system.

We trust we’ll be sharing some other positive news with you soon. In
the meantime, please do not hesitate in getting in touch with us at
info@pacifical.com, or with your contact person at Pacifical, if you have
any questions or want to know more about the right tuna for you!