Tuna revenues for Chinese fishing firm, Shanghai Kaichuang (SK) have doubled in the first half of the year, and although stating that the overall seafood market remains “depressed”, the...
Processing
Thai Union Rumored To Be Eyeing Nirsa
Rumors are circulating that Thai Union has been engaging in talks for the acquisition of Ecuadorian based canned tuna producer, Negocios Industriales Real (Nirsa). According to unconfirmed...
Angola’s Ambitious Plan To Be African Tuna Player
In a move to rejuvenate its canning industry,Angola is taking advantage of its tuna resources by launching its own canned fish industry as part of a private initiative welcomed by the Ministry...
Trouble For Second Venezuelan Tuna Manager
A warrant may be issued for the arrest of Reinaldo Correa, General Manager of Venezuelan tuna processing plant Empresa Polar. Aporrea reports that Correa repeatedly refused to comply with...
Govt. To Cut $200 Price Tag For Tuna Can
The Venezuelan government is working together with tuna processors to repair the deficiency of tuna cans and get the price of tuna in the country back down. Venezuela’s Minister for Fisheries...
Venezuelan Tuna Manager Arrested
Empresa Polar’s Manager of Human Resources, Luis Castillo, was arrested on Thursday afternoon after he refused to give 43 sacked employees their jobs back, according to Venezuelan press. The...
Alliance Eyes Middle East As Big Expansion Target
Stating that it is exploring partnerships with key distributors in the region, Philippine canned tuna processor, Alliance Select Foods International, has the Middle East eyed as a key target...
US Big 3 Accused Of FAD-Free Collusion
According to prosecution documents that are part of the US price fixing class-action lawsuit, it is alleged that collusion to refrain from offering FAD-free tuna products was “conducted by the...
US Investment Lands Brazil’s #2 Tuna Brand
With Europe proving a tougher region than ever to finalize deals and mergers, Latin American tuna brands have been pegged as the likely takeover targets for industry investors. This week, US...
Thai Tuna Cannery Accused Of Labor Practice Breach
An estimated 100 Myanmar workers in a tuna processing factory have been fired and evicted from their accommodation in the Mahachai district of Samut Sakhon, Thailand, according to The Nation....
Venezuelan Tuna Layoffs Spark Protests
Venezuelan workers took to the streets on Monday to protest against the sacking of 43 people from a tuna cannery, demanding the government to take action for justice against what they consider...
Thai Union Secures Massive Loan
The biggest ever in its books, Thai Union has just successfully completed a bond issue worth THB 10 billion (USD 285 million), which attracted strong participation from institutional investors...
More Rights To Female Pacific Tuna Workers
The Pacific tuna industry is to offer improved opportunities and equality for women as Fisheries Ministers have agreed to better identify and remove barriers that are preventing women taking a...
SeaValue Caught Up In Thai Labor Saga
Thailand’s second largest tuna canner, SeaValue, is the latest company to be caught up in concerns over forced labor in the country, admitting to the purchase of meat from a poultry farm...
Alliance Works To Cut Heavy Losses
Alliance Select is pumping a USD 2.3 million investment into introducing state-of-the-art equipment into its General Santos tuna cannery, to slash operational costs and increase its...
Shortage Of Whole Round For Manta Canners?
The Ecuadorian seiner fleet dominates EPO skipjack catches year on year, suggesting that the nation’s tuna canners should never be short on supply. Recently, however, processors in the country...
Rio Mare Certified For “Complex” Traceability System
One of the most well-known tuna brands in Europe, Rio Mare, which spans across numerous markets on the continent, has been awarded an official certification recognizing the complex and robust...
Century Pacific’s Strong Profit Acceleration
Carrying on its successes of 2015, the first quarter of this year has resulted in strong net profit growth for Century Pacific, with the firm posting a bold 45 percent boost from the same...
Woman’s Arm Amputated After Cannery Accident
A 50 year old woman has had her forearm amputated after it was trapped in a machine at a tuna cannery in Galicia, Spain. Following the incident, the woman was rushed to the nearest hospital,...
Increased Demand For Yellowfin In Bangkok
Known to be the global benchmark market for skipjack tuna, sometimes substantial volumes of other commercial species slip into Bangkok under the radar. As the industry focused last year on the...