Thai Union’s issuance of blue bonds in September has attracted significant investor interest and was oversubscribed 3.68 times. The canned tuna and seafood giant exceeded its target, set in...
Processing
Bangkok Skipjack Trade Remains Sluggish, Driving Up Prices
The supply of raw materials to Thai processors is hardly increasing after the FAD ban period ended. The market mood in Bangkok is slow and not active, which has driven up the skipjack price....
Tuna’s Inevitable Role In Fueling Multi-Billion MSC-Certified Sales
The Marine Stewardship Council (MSC) released its annual report this week, stating that the past year (2024/2025) saw an eight percent increase YoY in the sales of tuna and other seafood with...
Dongwon Extends USD 89 Mln Debt Guarantee For StarKist
Dongwon Industries has extended the debt guarantee for its US subsidiary StarKist with a loan at Sumitomo Mitsui Banking Corporation in Seoul, as reported on September 26. The debt guarantee...
Major Global Highlights September 2025
Price for whole rounds in the Manta processing hub were climbing up due to the ongoing IATTC veda. Eight French cities banned canned tuna in their school canteens due to mercury claims made by...
Mitsubishi Fails To Acquire Sufficient Shares To Enlarge Stake in Thai Union
Mitsubishi Corporation’s intention to increase its stake in Thai Union Group to 20 percent has failed. The Thai seafood conglomerate reported this to the Stock Exchange of Thailand yesterday....
Smaller Suppliers’ Whole Round Tuna Trade With EU Processors Dwindles
EU processors reduced the purchase of frozen whole round tuna from smaller suppliers in the first half of this year. Those from non-EU flagged vessels went down, whereas redistribution via EU...
John West Makes Profit By Cutting Costs In 2024
Canned tuna company John West Foods Ltd. increased sales in 2024, mainly in its foreign markets, and turned operations back into a profit by saving costs. According to John West Foods Ltd.'s...
EU Processors Buy a Lot More Whole Rounds from Own Fleet
EU processors’ buying of frozen whole round tuna witnessed a slight increase from January to June this year, with a significant influx of the product entering the bloc in the second quarter....
Ecuador’s Challenge To Consolidate Leadership In Global Tuna Industry
- VIEWPOINT – The Ecuadorian tuna industry is resilient and, after decades of effort, has become a global behemoth. I believe it must now act with strategic vision to maintain its place on the...
Xunta Gives Environmental Green Light To Jealsa’s Pet Food Factory
The regional government of Galicia (Xunta de Galicia) recently published in its official gazette that there are no environmental concerns for the Spanish tuna company Jealsa’s refurbished...
Japanese Pilot Project Turns Tuna Freezing Into A Profit
Frozen tuna kept at ultra-low temperature of -60°C could be used to cut back on energy usage. By briefly switching off refrigeration systems and relying on the fish’s own cold mass to maintain...
Will New EU – Indo Free Trade Partnership Boost Indonesian Exports?
The EU and Indonesia signed the Comprehensive Economic Partnership Agreement (CEPA) yesterday in Bali, which will allow Indonesian tuna and many other products to enter the bloc duty-free. EU...
Bolton Puts Spain’s Century-Old Cuca Tuna Factory Up For Sale
Italian seafood company Bolton Group has put the Vilagarcía de Arousa plant, where canned tuna for its Cuca brand was produced, up for sale for EUR 1.5 million. However, the local government...
EU Processors Rely Heavily On Asian Frozen Pre-Cooked Loins
European canners bought more than 54 percent of the total imports of frozen pre-cooked tuna loins from Asian sellers in the first half of this year. Spanish processors increased their...
Dongwon’s New Tuna Bibimbap Is Out In South Korea
Dongwon F&B has expanded its Bibimbap items, a popular South Korean dish, under its brand. Earlier this month, the company launched four new flavors of ‘Yangban Bibim Bap Frozen Fried...
Bumble Bee Film Festival Offers Attractive Cash Prize To Winners
Bumble Bee is back with yet another innovative technique to attract consumers to buy its tuna products. This time, it is eyeing not only the young generation, but people of all ages. Earlier...
Thailand Making Notable Growth In Pre-Cooked Loins Trade With EU
EU canners’ demand for pre-cooked loins from smaller suppliers increased by 36 percent in H1 2025. Buying from non-EU suppliers rose, whereas trade within the bloc fell. Thai suppliers...
EU Trade Chief Acknowledges Impact Of Thai FTA On Spanish Canners
The Spanish tuna canning sector, one of the largest worldwide, has been fighting tooth and nail against the implementation of an EU-Thailand Free Trade Agreement (FTA). Recently, European...
Spanish Demand For Pre-Cooked Loins Hits All-Time High
Spanish processors’ buying of pre-cooked loins from January to June hit a record high. The total business amounted to EUR 370.79 million, a 22 percent increase from EUR 303.13 million in H1...