Skipjack raw material trade is keeping level at Bangkok processing hub with only a slight softening in price despite continued high supply. Sources mentioned that deals have been contracted...
News
Albacora Workers Attacked In Guayaquil Demand To Return Home
Around 30 Spanish employees of Albacora have been holed up in a hotel in Posorja, Ecuador for two days after their bus was shot at earlier this week. They were returning from the shipyard in...
PNG Impending Joint Venture With RD Fishing For PMIZ Project Take-Off
Papua New Guinea (PNG) is pushing forward the Pacific Marine Industrial Zone (PMIZ) in Madang Province and it will be done in two phases. After months of negotiations, the island state has...
Thai Canned Trade Saw Sharp Rise In H1, Egyptian Demand Picked Up
Thai canned tuna producers expanded their trade in H1 2024 with nearly all major global markets, a sharp contrast to the same period in 2023 when business was bad. Canners already had a good...
EU Alerts: Three Histamine Cases Reported
Five tuna-related incidents were reported in July in the EU Rapid Alert System for Food and Feed (RASFF). France informed of two major issues with imported products. On July 2, Belgium alerted...
Major Global Highlights July 2024
July was filled with news over changes in the global tuna industry. A Spanish federal court brought charges against 12 companies and individuals for illegal bluefin smuggling which included...
Japanese Trader Sojitz Expanding In US Tuna Sushi Business
Japanese Sojitz Corporation has purchased the US supermarket takeout sushi business Sushi Avenue Inc. to expand its tuna and seafood operations and to get a foothold in the US. The amount for...
Van Camp’s Lithographed “Colombia Made” Cans Are Head Turners
Iconic Colombian tuna brand Van Camp’s is marketing its products uniquely and creatively wherein two hands are lithographed in bright green on the lids of cans with the term "Hecho por Manos...
Dongwon Industries Q1 Forecasts No Improvement
Dongwon Industries lost one percent in revenue in the first three months of 2024 and saw its profits declined versus the same period in 2023. Good tuna catches and increased domestic demand...
StarKist Closes Case With Food Service Tuna Buyers With Massive USD 3.6 Mil Deal
US canned tuna market leader StarKist and its parent company Dongwon Industries have reached a settlement with indirect purchasers of foodservice-size packaged tuna products in a...
Will Thailand Get To Fish Tuna In The Indian Ocean?
The Thailand government is working on a ‘Fisheries Policy and Management Plan’ to chalk out different fisheries policies for the future. Operating outside its EEZ and increasing its fleet are...
Merger Of Newlat Food And Princes Group Is Completed
Princes Limited announced on Tuesday that its acquisition by Italian company Newlat Food S.p.A is complete. The UK food and beverage organization which has a wide range of ambient tuna...
US Seafood Brand Adds Smoked Yellowfin To Its Product Line
North American seafood company Ocean Beauty Seafoods, which mainly sells salmon and sablefish under the ‘Echo Falls’ brand, has introduced a new item: oakwood smoked yellowfin. The fish is...
IO Boat Owners Take Risks As Skipjack Catches Show No Progress
Skipjack catches in the Indian Ocean have not improved this month and remained at too-low a level as it has been for months. Some higher volumes of big yellowfin were netted but purse seiners...
Obstacles Could Block Successful Implementation Of FDA Lot Codes
The FDA’s Food Traceability Final Rule, scheduled to go into effect on January 20, 2026, has been facing headwinds. This yet-to-be-introduced rule, a part of the US Food Safety Modernization...
EU Pre-Cooked Loins Trade Saw Slight Uptick In Q1
The export of pre-cooked loins among EU nations witnessed a meager hike in the first quarter of this year. Spain continued to be the largest exporter of loins, while Portugal bought the most...
BREAKING NEWS: USD 3.1 Billion In Claims Granted In Tuna Lawsuit Against Privinvest
Mozambique has won a USD 3.1 billion lawsuit at London’s High Court against Abu-Dhabi-based shipbuilder Privinvest and its owner Iskandar Safa in the decade-old controversial tuna bond...
Papua New Guinea Chalks Out Reasons For Asean Membership
Papua New Guinea (PNG) has expressed interest in joining the Association of Southeast Asian Nations (Asean) to enhance trade relations with its existing partners. Foreign Affairs...
Thailand Opts To Expand Its Fleet In New Fisheries Policy
The Thai government has prepared a draft ‘Fisheries Policy and Management Plan’ a framework that can drive its fisheries in the future. One of the five areas it is focusing on is fishing...
FFA Appoints First Papua New Guinean as Director General
The Forum Fisheries Agency (FFA) appointed Noan Pakop as its incoming Director-General. Pakop will be the first Papua New Guinean to spearhead the FFA since its formation in 1979. He was...