In the face of high raw material tuna prices and currency exchange fluctuations, Thai Union has managed a solid net profit rise in this year’s third quarter. For the three month period the...
Processing
Decline In US Canned Tuna Unstoppable
After showing continuous decline since 2010, US per capita canned tuna consumption fell to its lowest ever level last year, a NOAA report has just revealed. At 2.1 pounds (0.95kg), the figure...
Vietnamese Processors Initiate Yellow Card Action Plan
Vietnamese seafood processors have developed an action plan to contribute in fighting the illegal practices in the country’s fisheries industry, which led to a yellow card warning from the...
ISSF Canners Can Now Only Buy From ISSF Companies
Participating companies of the International Sustainable Seafood Foundation (ISSF) will be facing stricter recommendations on their tuna purchasing as part of a new conservation measure. It is...
Calls To Use Million Dollar Fine For Unemployed StarKist Workers
Requests have been made to the US Department of Justice to use part of the USD 6.3 million fine from StarKist in order to pay the 2,000 employees affected by the recent short-term closure of...
TU Hires Environmentalist To Lead US Sustainability Reforms
Thai Union has announced its decision to hire a new Sustainability Director for its operations in North America. The new director will be responsible for overseeing the sustainability...
Polish Canner Hit With Stock Market Suspension
Polish seafood canner, Wilbo, has been suspended from trading shares on the Warsaw Stock Exchange (WSE) due to its failure to comply with regulations and publish semi-annual financial reports....
Police Shut Down “Deplorable” Tuna Operation
A tuna repacking operation in Ras Jebel, a town in Tunisia, was closed down yesterday after police discovered that it involved damaged and unhygienic tuna products. Kapitalis reported that the...
Albacora & Ecuador Enter Arbitration Over $20m Tax Charge
The Ecuadorian government is reportedly preparing its defense as part of an arbitration process with major Spanish tuna fishing and processing firm, Grupo Albacora, over tax charges levied on...
US Canned Tuna Imports; Have We Seen The Bottom?
If current increases continue, and overall 2017 volumes show a rise, it could be confirmed that a seven year fall in US canned tuna imports has ended. However, with global tuna supply tight,...
TU Europe CEO Retires – New Management Structure
Thai Union has announced today that Elisabeth Fleuriot will retire from her role as the CEO of TU Europe, after holding the position since 2013. The company will now introduce a new management...
Tuna Growth Strongest For Spanish Canners
As Spanish canned and prepared seafood exports show positive growth overall, the biggest lift has been seen in the value and volume of tuna shipments, the European Commission reports. In the...
TU Drawn Into North Korean Forced Labor Case
Thai Union-owned Chicken Of The Sea has been accused of working with a Chinese plant that employs North Korean laborers working under very poor labor standards, with reports describing it as...
StarKist Shutdown Leaves Thousands Out Of Work
As a result of the scheduled temporary shutdown of StarKist’s American Samoa based tuna plant, 2,000 employees will be out of work from October 21st. During the closure, the facilities at the...
Conxemar: Spanish ULT Frozen Yellowfin For Japanese Market
Fish and seafood producers and distributors are gathering this week in Vigo, Spain for the annual International Frozen Seafood Exhibition, the largest of its kind in Southern Europe. More than...
“Diminished” Competitiveness Results In Calvo Plant Shutdown
Grupo Calvo’s Esteiro factory has been closed after seeing its capacity and competitiveness “diminished” in recent years, Calvo states. The activity carried out at the plant, based in Muros,...
Possible Import Ban On Raw Mat For Indo Canners
In a bid to further enhance the domestic fisheries industry, of which tuna plays a major part, Indonesia’s Fisheries Minister is deliberating an outright ban on imports of frozen seafood....
Japan To Boost Sri Lankan Tuna Exports
The Japanese government has agreed to support Sri Lanka in increasing its tuna exports. The nation has pledged to help develop Sri Lanka’s Fisheries Industry and to also strengthen Japanese...
Should EU Loin Quota Be Increased?
There is a reoccurring clash within the Spanish tuna industry, which is showing itself once again, and surrounds whether or not the EU tuna loin quota should be increased further. Many...
Spanish Firm Invests Millions In Tuna Sashimi Plant
Spanish frozen fish processor Alfrisa has invested millions of euros in the construction of a new plant in Spain, which will manufacture products such as tuna sashimi for retailers in the EU,...