Tuna Business Headlines
IN BRIEF
Japanese bluefin and seafood giant Maruha Nichiro recently announced a change in its top executive leadership. Sadahiko Hanzawa, who was the Representative Director and Executive Vice President, will helm the roles of Director and Special Advisor from April 1. Maruha Nichiro said in a statement that the reason for the “changes in representation is due to executive personnel changes.” The decision was made at the Board of Directors meeting held on January 27. The position of Masaru Ikemi, Representative Director, President & CEO will remain unchanged. Ikemi joined this role in 2023.
Maruha Nichiro, headquartered in Tokyo, deals with tuna fishing, bluefin fattening farms, processing, trading, and distribution of seafood products. Several of its subsidiaries also handle tuna fishing activities. The company’s H1 results in 2024 showed a drop in turnover due to low revenue from its tuna fishing and farming businesses. However, executives are confident to reap positive results in the latter part of the year.
Koreans are celebrating the annual Lunar New Year today. Dongwon F&B has introduced over 100 gift sets which could be presented to loved ones during the festive season. The company is marketing the products as “healthy and practical” for the holiday season. The gift sets mainly contain tuna and kimchi (a Korean dish of salted and fermented vegetables seasoned with spices and seafood) items.
One of the most highlighted gift sets of this year is one comprising canned tuna and tuna extract products along with few others priced at KRW 30,000 (USD 20.77). Korean news sites reported that the quantity of these practical gift sets has also been expanded by more than 20 percent. The product, which is called ‘Dongwon Premium No. 60’, is receiving much attention as a simple, healthy, and affordable gift. Dongwon is always among the first tuna brands to introduce gift sets to the national market ahead of the lunar new year.
The Maldives and Sri Lanka joined forces last Wednesday to enhance cooperation in fisheries of tuna and other seafood. Masood Imad, High Commissioner of the Maldives to Sri Lanka, and Ramalingam Chandrasekhar, Sri Lankan Minister of Fisheries, discussed ways to promote collaborative efforts in fisheries.
One of the main topics was regarding the launch of a training program to teach pole-and-line fishing to Sri Lankan fishers. Imad stated that there are over 17,000 Sri Lankan fishers working in the Maldivian tuna fishing sector and employing more workers with knowledge of this method would help address the shortage of fishermen in the Maldives. This discussion reaffirmed the mutual commitment of both countries to work together for the sustainable development of the fisheries sector while fostering stronger bilateral relations, reported Sri Lankan news sites.
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