News

StarKist Soon On American Samoa’s Shelves?

StarKist invited a delegation of American Samoa govermental officials to its headquarters in Reston Virginia, to discuss introducing the brand’s items in the US territory's outlets and to...

Only Dongwon In Line To Acquire Korean McDonald’s

Dongwon Group wants to acquire McDonald’s Korea. The Group’s holding company, Dongwon Industries, is the only preliminary bidder according to the tender dated January 17. The company has begun...

Ghana Faces Shortage Under FAD Ban

The FAD closure established by ICCAT is causing a shortage in supply to the Ghanaian tuna industry, complained the Ghana Tuna Association (GTA). The 72-day ban, for the fourth year, is ongoing...

StarKist’s New CEO Shifts Focus

Chae-Ung Um, just one month at the helm as StarKist’s President and CEO, announced the company’s focus will not be limited to the US but will also enlarge its activities in the South American...

PAFCO Stays Positive Despite Consecutive Losses

Heavy losses incurred by the Pacific Fishing Company (PAFCO) over the past five years will not hamper its operations. A recent meeting indicates that the Fiji government and state-owned PAFCO...

Thai Canners Increase Exports Despite Higher Price

Thai processors improved their business with nine percent more canned tuna sold in 2022 and at a higher average price. This proves that their buyers are less sensitive to amounts than what was...

Maldives Enlarge Frozen Skipjack Export In 2022

Maldives exported one percent fewer tuna in 2022 than in the previous year. But the shipments of frozen skipjack increased. A recent statistic published by the Monetary Authority of Maldives...

The Man Behind The “John Burton Factor”

Ahead of IOTC’s Special Session on FAD management, much controversy has been kicked up, especially over drifting FADs utilized by the EU purse seiner fleet in the Indian Ocean. Spanish...

Thai Yellowfin Purchases Continue To Fall

Thai import figures show that the purchase of frozen whole round yellowfin continued its decline in 2022. China lost most of its business in Bangkok. Last year, Thai processors bought 6,401...

Balanced Supply & Demand Keeps SKJ1.8:BKK Level

There is continuing tepid demand for frozen whole round skipjack from processors in Thailand, which is partially responsible for the lukewarm trading in Bangkok. A balanced supply and demand...

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