News

High Operational Costs Shrinks Sajo’s Profit

Sajo Industries reported a decrease in sales and profit for the first three months of this year. Its share value declined by 9.5 percent. On May 15, Sajo Industries (based in South Korea)...

US Tuna Pouches Q1 Imports Hit Peak

Demand for tuna pouches in the first quarter of the year has been off to a great start in the US with retailers and traders importing 21 percent more product compared to Q1 2022. The business...

Albo Turns To Sunflower Oil To Weather Inflation

Premium tuna brand Albo, renowned for using only olive oil in its products, is expanding to sunflower oil. By adding the item, the company aims to support consumers that face inflation. Albo,...

Ocean Stewardship Funds For Tuna Bycatch Research

The MSC Ocean Stewardship Fund (OSF) awarded USD 934,430 to 26 sustainable fishing projects including some in the tuna-rich waters of PNG and Ecuador. This year's grants are primarily for...

Century Pacific Reports Favorable First Quarter

Philippines seafood company Century Pacific Food (CNPF) announced that its revenue for the first three months of 2023 was PHP 15.62 billion (USD 2.8 billion), nearly a six percent YoY growth....

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