News

Heavy Demands On TU Subsidiary As DOJ Informant

Heavy demands and costs will be faced by Thai Union’s US subsidiary, Tri-Union, which operates as Chicken of the Sea, as part of its full cooperation with the Department of Justice’s (DOJ)...

Eroski Ups Tuna Purchase To Meet MSC Demand

Spanish retailer Eroski has increased its purchases of MSC certified Atlantic albacore (bonito del norte) as it expects demand for fresh fish with this sustainability claim to rise. In March,...

PNA Transshipment Hub Sees Record Traffic

The PNA transshipment hub of Majuro has seen record traffic in recent months, in terms of purse seiners unloading their catch to carriers. However, to date, the annual total is still notably...

China Expanding South American Trade Grip?

China and Peru are currently engaging in talks to expand their existing Free Trade Agreement (FTA) to also include seafood products, meaning that tuna imports would become duty free when...

Chinese Pingtan Fleet Seized For IUU Near Indonesia

Police in East Timor, an island nation near Indonesia, along with activist group, Sea Shepherd, have announced the capture of a fleet of 15 vessels suspected of illegal practices. A large...

Tuna Sushi: Attracting The New Wave Of Vegans Too?

American supermarket chain, Whole Foods is looking to add vegan-friendly tuna to its sushi bars next month. The tuna alternative, Ahimi, is made from a handful of ingredients including non-GMO...

Will MSC Make Dolphin-Safe Redundant?

With MSC certification being handed to Mexico’s purse seine fishery, which has faced significant pressure over its dolphin-associated operations, it could be an indicator that claims like...

High Investor Confidence In TU Executives

Two Thai Union executives have received high recognition in a new investor poll that ranks leaders of Asian companies. Thiraphong Chansiri, Thai Union’s CEO and Joerg Ayrle, TU’s Group Chief...

Italian Bluefin Firms Lose Fishing Ban Case

The European Court of Justice has dismissed a multi-million dollar compensation claim from Italian bluefin companies, after they stated they were discriminated against when Spanish seiners...

Vietnam’s EU Market Boost Could Be Short-Lived

Exporters in Vietnam continue to boost the value of their shipments of tuna products to many major destinations, including the EU, having been able to competitively position their prices....

PNG Tuna Hub Project Finally Becoming Reality?

Construction is expected to start soon for Papua New Guinea’s highly anticipated Pacific Marine Industrial Zone (PMIZ) project, which aims to create a tuna processing hub for the Pacific...

Was Thai Union Directly Involved In Price Fixing?

Although many civil cases name Thai Union itself as a price fixing defendant, the firm’s recent statement confirming its subsidiary’s whistle blowing role states that “Thai Union was not...

Atlantic Ocean Yellowfin Fishery Goes For MSC

A Guatemalan fishery is entering into MSC assessment for the unassociated purse seine tuna operations of its Spanish owned vessels in the Atlantic Ocean, with it expected to receive...

Top 3 Markets Offset Major Losses For Thai Canners

The three largest destination markets for Thai canned tuna, and considerable growth within them, have helped to offset heavy losses that processors in Thailand have faced in their trade with...

Malaysia Has Big Hopes For Thriving Tuna Industry

The Malaysian government is hoping to develop a lucrative tuna industry, through issuing fishing licenses to vessels that agree to deliver their catch on Malaysian soil. This goal will also be...

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