Portugal is considering removing value-added tax (VAT) for canned tuna and other staple foods for six months to ease cost concerns for its citizens. But Finance Minister Joaquim Miranda...
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Thai Union Earnings Forecast Downgraded As Cost Pressures Climb
JPMorgan, a US investment brokerage, has downgraded Thai Union Group to an “Underweight” rating due to slowing earnings momentum and diminishing profit growth expectations. The tuna company's...
MIFCO CEO Says Sustainability Keeps Maldives Tuna Competitive
Mohamed Anas, the new CEO of Maldives Industrial Fisheries Company (MIFCO), said the Maldives’ pole-and-line tuna fishery and its sustainability credentials remain key drivers of the country’s...
Frozen Whole Round Tuna Flow Into Europe Slows
EU imports of frozen whole round tuna fell 20 percent in H1 2026 as several major suppliers lost business amid high inventories, softer demand, weaker catches, and delays tied to the EU CATCH...
Thai Union CEO Chansiri Honored With Lifetime Achievement Award
Thiraphong Chansiri, CEO of Thai Union, received the Global Seafood Alliance’s Wallace R. Stevens Lifetime Achievement Award for three decades of leadership that helped build Thai Union into...
Captain Fresh Reports Massive Jump In Revenue
Global packaged seafood company Captain Fresh announced that its consolidated turnover increased by 52 percent in financial year 2026. It also reported profit remained positive before tax for...
Will Thailand Secure Canned Tuna Deal With EU?
EU–Thailand FTA talks resumed in 2023 after nearly a decade-long pause, and EU tuna processors fear canned tuna could be included, potentially disrupting their operations and hurting their...
EU & Philippines Edge Closer To Trade Deal: What It Means For Tuna Business
The EU and the Philippines have reached a substantial agreement in their free trade negotiations, deepening their ties. The deal will liberalize over 94 percent of tariff lines between them....
SmarTuna Calls For Industry-Owned Shared Digital Traceability Infrastructure
Henk Brus, CEO of SmarTuna, has proposed a new model for tuna traceability built on shared digital infrastructure that is governed and ultimately owned by the tuna industry. Brus stated that...
Pre-Cooked Yellowfin Loins Imports Rise In Italy
Imports of frozen pre-cooked loins by Italian canners rose from January to June. Imports from processors outside the bloc increased, while those from EU declined notably. Italian canners...
Dongwon Prolongs StarKist’s Debt Guarantee
Dongwon Industries informed its investors that it has extended the debt guarantee for an existing loan by StarKist. The announcement was made on September 21 and included the 2025 results of...
Spain’s Pre-Cooked Loins Buying Retreats As EU CATCH Delays Imports
Spanish canners’ imports of frozen pre-cooked loins fell by nearly 10,000 tons from January to June this year, but remained at elevated levels. Trade with processors inside and outside the...
Spanish Industry Reaches Out To Youth With Third Canned Tuna Campaign
Spanish processors’ organization Anfaco-Cytma is bringing back the ‘La Matriculata’ campaign to promote canned tuna and other seafood among college students across Galicia as a healthy,...
Readers Saw Skipjack Price Rise Coming
The trade in whole round frozen skipjack price has been under pressure for months because there is a shortfall in supply due to low catch volumes in all oceans, while the canners’ demand...
EU Canners’ Weaker Demand For Pre-Cooked Loins Persists
EU imports of frozen pre-cooked tuna loins from most major suppliers declined in the first half of this year. Lower catches and stricter regulations took their toll. Spanish processors...
Tuna And Sweet Potato Combo Find Unexpected Fans And Other Social Media Stories
An American social media content creator posted a video of relishing tuna on sweet potato, and the combo is a hit among her fans. A video of a tuna swimming underwater in a discotheque grabs...
Princes Warns Tariff Suspension Could Have “Unintended Consequences”
Neil Bohannon, Chief Procurement Officer at Princes UK, said that the UK government’s decision to cut tariffs on imported tuna products could lead to "unintended consequences". Speaking at the...
Wild Planet Brand Unveils Fresh New Design
US-based Wild Planet brand has launched a fresher packaging and a redesigned logo for its tuna and seafood products. The redesign coincides with the brand’s “Lunch Offline” campaign, with a...
GDST Intends To Build Future Modules For Bycatch & Marine Mammals, New Vision For Future
Six years after the Global Dialogue on Seafood Traceability (GDST) launched its first standard for end-to-end digital seafood traceability, the organization is preparing for its next phase:...
NewPrinces Records Higher Turnover, Increases Tuna Sales In Italy
NewPrinces Group delivered broadly stable sales volumes in the first half of 2026, with consolidated revenue up year on year, though the period closed with a net loss. Although overall ambient...