In a USD 1.5 billion deal, Thai Union, the world’s largest canned tuna processor has acquired 100 percent of shares in Bumble Bee Seafoods. TUF says the move will enhance its portfolio of...
Processing
Tuna Takes Brand New Spot On Supermarket Shelves
You won’t just find tuna products in the canned seafood aisle anymore, as John West adds a whole new twist to the market. Tuna meets salad dressing in the brand’s innovative pouched product....
Maldives Bringing In Nepalese To Do The Work
Across many sectors, including tuna fishing, processing and shipping, the Maldives is suffering from a shortage of workers, and companies are being pushed to source foreign employees from as...
Ecuador Zero Duty Passed By EU Parliament
News is in from Brussels, as the European Parliament has just passed a resolution that means Ecuador will be holding on to its zero duty trade on canned tuna with the EU. After panic in Manta,...
EU Loins Quota Hurting Mauritius Tuna Processor Earnings
The owner of Mauritius’ second largest tuna processor, Ireland Blyth Limited (IBL) has expressed frustration at the current financial situation it is facing due to increased EU trade of...
Panic In Ecuador, EU Calms Concerns With Importers
Panic in Manta and delayed shipments of canned tuna to the European Union could be unnecessary alarm; Brussels says that cause for concern for EU importers on Ecuador losing zero percent duty...
DNA Becomes More Important With New EU Labeling Laws
As of December 13th 2014 new EU food labeling laws will have to be adhered to, including requirements for the exact species contained, the fishing gear used to catch it, and the FAO zone in...
New Bumble Bee Plant In Samoa Still Unsure
Government sources in Apia, Samoa, say that although a review is in progress, Bumble Bee’s project to build a new loining plant there has still not taken off. According to reports, although...
Jonathan Dee Replaced As President Of Alliance Tuna
There has been a significant shuffle of the board of directors and top management positions at Alliance Select Foods International, as former President, Jonathan Dee has been replaced. Raymond...
Sardimar Lays Off Workers Because Of Electricity Bill
In Costa Rica, 90 Sardimar processing employees have been laid off due to what the company claims is an increased cost in electricity bills. Sardimar’s tuna plant in Puntarenas, the only tuna...
Thai Union Reveals Its 2020 Ambitions, Stock Peaks
After already announcing its 2014 forecasts of a USD 4 billion turnover, Thai Union is setting ambitious targets for the next five years, expecting to reel in significantly bigger tuna and...
Solomon Cannery Targeting PNG Consumer Market
One Solomon Islands based canned tuna processor is making moves to more heavily target the PNG consumer market, and has displayed its products at the recent MSG Trade and Investment Fair in...
Century Pacific’s IPO Named Philippines’ “Deal Of The Year”
On May 6th 2014, the Philippines’ canned tuna market monopolist, Century Pacific, debuted on the Philippine Stock Exchange with an Initial Public Offering (IPO) of PHP 3.2 billion (USD 71...
Can Lumar Break Out Of Stock Market No Movement?
For six months now, Lumar Natural Seafoods (LMR:SM) has shown absolutely no movement on the stock market, with share value sustaining exactly EUR 3.03 (USD 3.78). Speaking to atuna.com, the...
EU Loins Importers Upbeat On Outlook For Sri Lanka
It was expected to be a significant blow to EU chilled yellowfin importers, when just last month, Sri Lanka was handed a red card on IUU, with trade bans set to come into force in January...
“Unpaid” Tuna Worker Wages Were Paid Twice
A workers’ union in Colombia has been accused by Seatech International, a Latin American canned tuna processing firm, for “misleading and misinforming” the public. Representing some of...
A Machine That Measures The Freshness Of Tuna?
A company in the Netherlands has developed the world’s first ever machine capable of estimating the freshness of tuna; something the tuna industry has never seen and could possibly make good...
Nostromo Increases Sales In ‘Key Product’: Pole And Line
After two years on the shelves, Italian tuna brand, Nostromo, has announced a 29 percent increase in its sales volumes of pole and line caught tuna, compared to figures in 2013. According to a...
Frabelle To Move Into Hydroelectrics To Power Canneries
The Filipino owned Frabelle Corporation, alongside a consortium of fishing industry players, will be managing the construction of hydroelectric power plants that will cover power supply for...
Unstoppable US Canned Tuna Consumption Decline?
A declining appetite for canned tuna in the US is becoming increasingly evident, as 2013 consumption has fallen even further than previously reduced levels. It seems more and more Americans...