Taking home the “Taste of the Year” 2015 trophy, Italian tuna brand, Mareblu has been recognized for top taste and quality, and will be parading the achievement on its packaging. The MW...
Processing
Asia’s Dominance In EU Market Slides
While the names of Asian processing giants crop up abundantly in the global tuna industry, collectively the continent’s dominance in the world’s largest canned tuna market is sliding. Despite...
Analysts Release New Forecast On TUF/BB Deal
Giving an updated insight into the remaining months of 2015, Thai analysts have voiced a more exact forecast on the expected closing date of a big tuna industry deal. As the global tuna sector...
Fishmeal From New Tuna Cannery In Cape Verde
Frescomar, a fish processing plant based in the Cape Verdean island of Sao Vicente, inaugurated a new production line for canned tuna on June 15th. OJFP, another company from Cape Verde, which...
Canner In Baranquilla Has Strong Export Ambitions
Colombia’s second biggest tuna canner the Atlantic Food Group, or Gralco, has the ambition of expanding its markets within South America and beyond, according to its president, Hugo Marino...
Thai Union Unlocks Trapped Cash
TUF is unlocking trapped cash in its global business and has obtained a license to set up a global treasury center in Thailand. The plans are made mainly to centralize liquidity, foreign...
Venezuelan Search For The Last Tuna Cans On The Shelves
After fears that the collapse of canners in Venezuela could cause “unbearable hunger levels”, reports note that there is a lack of canned tuna on the shelves in some of the nation’s...
Investors Deny Selling Out To Controlling Interests
Just as it seemed like a long-term board room war was finally over, Singaporean investors recently reported to be selling off their shares in Alliance Select, have denied the news, stating...
How One Company Is Turning Tuna Bycatch Into A Money-Maker
Home to one of the world’s busiest tuna ports, an Indian Ocean tuna hub, a company in the Seychelles has a plan to significantly boost its revenues from tuna fishing, finding a way to ensure...
How One Company Is Turning Tuna Bycatch Into A Money-Maker (2)
Home to one of the world’s busiest tuna ports, an Indian Ocean tuna hub, a company in the Seychelles has a plan to significantly boost its revenues from tuna fishing, finding a way to ensure...
Talks For New Cannery In The Marshall Islands
Discussions which took place last month with Fijian tuna canning companies could result in a small cannery opening in the Marshall Islands. As reported on pnatuna.com, talks were held in June...
Thai Union Increases Its Grip On Songkla Canning
Getting its hands on an extra 9.56 percent stake in Songkla Canning, Thai Union now holds just over 90 percent of all shares in its subsidiary company, hoping to significantly boost its cut of...
Collapse Of Canners Could Cause “Unbearable Hunger Levels”
With no access to foreign currency, several production lines of the biggest food producing company in Venezuela have come to a halt, including operations for canned tuna brand, Atun Margarita....
Alliance’s Board Room War Finally Settled?
A year-long dispute may finally be coming to an end, as Singaporean shareholders of Alliance Select consider selling out their stake to other major stock holders. The group is looking at the...
Thai Tuna Shares Fall To 10 Month Low
With no significant movement over the last month, the value of shares in Tropical Canning on the Stock Exchange of Thailand currently sits at its lowest level recorded since early August 2014....
Poll: How Will The Venezuela Crisis Affect The Ecuadorian Tuna Industry?
Restricted access to US dollars in Venezuela has negatively impacted the vast majority of business in the country, and tuna canneries are no exception. Due to a shortage of imported raw...
Simplot: Cuts Will Kill Tuna Innovation
A looming Senate decision on research and development (R&D) tax concessions has the power to significantly impact innovation among Australian businesses, according to Simplot’s Callum...
Tax ‘Drawback’ To Boost Competitiveness Of Canners
Ecuadorian tuna exporters are set to be just one of the beneficiaries of a new government tax incentive to protect trade and export levels from the nation. The ‘Drawback’ is described as a...
Thai Union Targets For USD 9 Million Through New Shares
A resolution to increase Thai Union’s registered capital with the allocation of as many as 1.2 billion shares has been passed at the company’s annual shareholders meeting. The new stock will...
Fears Over Millions In Unpaid Invoices To Tuna Loin Suppliers
After announcement of its Atun Margarita cannery shut down earlier this month, it is revealed that Empresas Polar, Venezuela’s largest food production company has significant unsettled debt...