In the race to take over container shipping company HMM, Dongwon Industries announced considering initial public offerings (IPO) for three unlisted subsidiaries: StarKist, Dongeon LOEX, and...
Processing
Thai Tuna Producers Facing Challenging 2023, 0% Duty Within Reach
The first six months of 2023 have been challenging for Thai tuna producers, especially since 2022 was a good year in terms of import volume and value for them. However, the FTA deal with the...
Conxemar Gears Up For 24th International Frozen Seafood Event
The next event of the Spanish Association of Wholesalers, Importers, Exporters, and Processors of Fishing and Aquaculture Products (Conxemar) will be held in Vigo from October 3 to 5. Several...
MIFCO Wants To Boost Its Processing Capacity
State-owned MIFCO in Maldives has had an uptick in tuna supply in recent years, but a decrease in the premium paid for the one-by-one caught tuna. Ismail Fauzee, CEO of MIFCO, spoke with Atuna...
Why EU Considers Vegetable Extracts As Food Additives
Last week, the US Food and Drug Authority (FDA) announced changes in its rules governing processing canned tuna in the country. This included revising the upper and lower limits of vegetable...
Brazilians Prefer Gomes Da Costa And Coqueiro Tuna Brands
São Paulo residents using canned tuna in their sandwiches, salads, or pasta scored the products of the brands Gomes Da Costa and Coqueiro as the best. This was revealed in the annual survey...
FDA Wants To Revise Limits On Canned Tuna Vegetable Broth
Last week, the US Food and Drug Authority (FDA) announced that it wants to overhaul a major regulation pertaining to canned tuna processing in the country. As part of its changes, it wants to...
60th Anniversary Festival Weekend Honors StarKist Samoa Workers
Several celebration activities have been organized throughout the year for the 60th jubilee of the StarKist plant on American Samoa. The highlight is a special festive weekend taking place on...
Vietnam’s Tuna Exports Show Resilience Amid Challenges
Vietnam’s tuna exports to major markets like the US continued to slide while business with the EU has gradually begun to rise. The processors reported USD 458 million in revenue in the first...
Indonesia Aims For Tax-Free Canned Tuna Trade With Japan
Zulkifli Hasan, Indonesia's Minister of Trade, expressed his wish for Japan to eliminate four tariff lines for canned tuna from Indonesia. Japan has eliminated some duties on canned tuna from...
Frinsa Records Profit And Disburses Carregal Family EUR 22 Mln
The three leading Spanish canners reported an increase in revenue in 2022, but not all could turn that into profit. Third-largest processor Frinsa released its annual results and reported that...
Tourists Rescued From Fire At Italian Historic Tuna Facility
The Italian island of Sicily has been battling wildfires for days. The famous Tonnara of Scopello, an historic establishment that was formerly used by bluefin fishers was engulfed by fire on...
FDA Heeds Call Of Tuna Industry, Proposes Drained Weight Method For Canning
After years of pushback from the US Big Three and fisheries organizations, the US Food and Drug Administration (FDA) proved that it has heeded their call. Today, it issued a proposed rule in...
Jealsa Reports High 2022 Profits Despite Loss In Canning
Spanish tuna processor Jealsa reported that its canning business incurred a loss in 2022 and the net profit was only driven by sell-offs in its energy business unit. Earlier this year, Jeasla...
Escuris Generates 79 Percent Of Revenue From Mercadona
Galician company Escuris, a subsidiary of Jealsa, reported that its 2022 annual growth rate of revenue was higher than the cost despite the inflation. It recorded a USD 420 million turnover,...
CEO Dongwon F&B Sees Growth Potential In Collaboration With StarKist
Korean tuna and seafood processor Dongwon Food & Beverage reported an increased half-year revenue despite a cost burden. Its CEO, Kim Seong-Yong, highlighted that the organization will be...
Alliance Select Foods’ Expected Turnaround Not Yet In Sight
Tuna processor Alliance Select Foods is slowly recovering business. In the first six months of 2023, the Philippines-based company increased its revenue and narrowed its net loss to USD...
Poll: Should Ecuadorian Tuna Processors Fear For Their Shipments
Ecuador is plagued by violence and assassinations by drug trafficking gangs. The murder of presidential candidate and popular drug crime fighter Fernando Villavicencio on August 9 was the...
Readers: Proposed Tinplate Tariff Makes US Canned Tuna Production Non-Competitive
The US government is considering a 300 percent tax hike on imported tinplate steel used for the manufacturing of tuna cans. A vast majority of Atuna’s readers think this proposed tariff will...
Bougainville PNG Island On Mission To Start Tuna Cannery
A delegation from Bougainville, an autonomous island of Papua New Guinea, is on a fact-finding mission to explore the opportunities to establish a tuna cannery on its soil in partnership with...