In terms of investor activity, stocks in the tuna processing industry have already seen a few ups and downs since the start of 2015. While some companies have seen promising growth in share...
Processing
StarKist Believes Expansion Of Value Added Pouches Is Way Forward
One of the US’ big three canned tuna brands is expanding its line of value added tuna products by releasing a new range of gourmet tuna pouches, with the help of a big US TV chef. Following...
Can PNG Challenge Thailand’s Leadership In Canning?
As much as 25 percent of the global skipjack resource is in the EEZ of PNG, the world’s most important raw material for tuna canneries, right under the nose of the nation’s processing plants....
Alliance’s Plan To Raise USD 22m In Fresh Funds
Alliance Select is taking steps to ramp up fresh capital in the shape of more than USD 22 million. In a disclosure to the Philippine Stock Exchange, the tuna processing company has announced...
Is Crisis Coming For Thai Canners?
Achieving a nine percent YoY global export climb for 2014, it seems like everything was rosy for Thai tuna canners. However, dramatic drops in the final four months of the year have further...
Mauritius Tuna Processor Confident In Financial Turnaround
Despite some economic hardship, one large tuna processor in east Africa is confident in turning its situation around, as the departure of its CEO has been announced and an imminent merger is...
With ‘Politics’ Aside, MSC Tuna Might Grow In US
When it comes to MSC certified tuna, US consumer demand is there, but on most tuna shelf stable products in US stores, the logo is nowhere to be seen; why? With recent MOUs and large volumes...
Rock Bottom Prices Hurt Garavilla
Impacted by low tuna raw material prices, Grupo Conservas Garavilla has posted a 4.3 percent YoY drop in turnover. Total revenue has been calculated at EUR 330 million for 2014. According to...
TUF Snaps Up Lobster In Acquisition Frenzy
Reeling in its latest purchase, Thai Union hassnapped up North Atlantic lobster producer, Orion Seafood International, under its already reputable brand, Chicken of the Sea. Hitting...
Worlds Largest Collection Of Tuna TV Commercials, Check It Out!
In a world where TV and internet advertising have become crucial marketing communication tools, the tuna industry, like many, takes to the screen to promote its products. At atuna.com, for...
The Black Meat Express – Roundtrip
Black tuna meat appears to be going on a lengthy roundtrip before arriving back in PNG, as the nation increasingly buys canned tuna from Filipino processors. The production line seems to...
Century’s Ambitious Five Year Growth Plans – Are They Realistic?
Philippine canned tuna monopolist, Century Pacific (CNPF), is eying substantial revenue growth over the next five years, and expects to outpace the country’s economic expansion. The firm’s...
Strikes In US Ports Start To Interrupt Tuna Processing
American Samoa appears to be one of the worst hit nations by the ongoing strikes on the US West Coast, as the country starts to feel the pains of shipping delays and low food supplies. As well...
Century Pacific Outpacing The Rest
In a bullish move, Century Pacific (CNPF:PM) shares have surged on the Philippine stock exchange (PSE), with 2015 growth outpacing other major tuna players, and beating the local index. A...
Analysts Trim Thai Union FY14 Profit Estimates
Snipping at original estimations, analysts have now trimmed down forecasts of Thai Union’s total 2014 profit. Bualuang Securities has reduced previous forecasts by four percent, which factors...
Alliance Select: Gaining Muscle
Investor confidence appears to be growing, as shares in Philippine-based Alliance Select (FOOD:PM) take an upward move. A significant shuffle of the firm’s board of directors, and the granting...
Officials Step Into The Boots Of Tri Marine Tuna Cleaners
US Samoa officials experienced cannery operations first hand this weekend, as Tri Marine’s Samoa Tuna Processors (STP) plant opened its doors. Officials and tuna professional from across the...
Can You Run A Loining Plant For 12 Yrs Without Profit?
Running a tuna processing operation for twelve years with no profit for its shareholders? PNG’s National Internal Revenue Commission (IRC) is investigating what causes this consistent lack of...
Tri Marine Prepares To Open Doors To New Cannery
Tri Marine is gearing up for its inauguration ceremony in American Samoa, as its Samoa Tuna Processors (STP) cannery is set to open on Saturday (January 24th). As many as 1,500 workers are...
Delays In US-EU Free Trade, Good For US Samoa Canners?
Public opposition to a US-EU free trade agreement could be good news for American Samoa tuna canners. According to Tri Marine COO, Joe Hamby, the current free trade negotiations have...