Papua New Guinea (PNG) and RD Corporation signed a memorandum of understanding (MoU) on May 9 to build a new cannery in the Pacific Marine Industrial Zone in Madang under a joint venture. This...
Processing
Can Thai And Vietnamese Tuna Producers Expect Good News On US Tariffs?
Earlier this week, the US and China de-escalated their trade war as Washington reduced its import tariffs on Chinese goods to only 30 percent. Meanwhile, Beijing cut down duties on US products...
Indonesia Tightens Tuna Trade With UAE
Indonesian tuna company PT Dempo Andalas Samudera recently sent its first shipment of tuna products to the United Arab Emirates, one of the Asian country’s largest markets for the fish. The...
Maruha Nichiro Turned Annual Revenue Into High Profit
The cost reduction strategy of Japanese Maruha Nichiro resulted in a rise in its operating income as reported in the full year results. The revenue increased by 4.7 percent and its operating...
Sluggish EU Canned Tuna Exports In Q4 Affected 2024 Result
Canned tuna export by EU processors and traders was promising at the beginning of 2024, but sales in the last three months underperformed compared to last quarters of previous years. In 2024,...
Italians Preference For MSC Tuna Dropped In 2024
The demand for MSC tuna witnessed a dramatic drop in the Italian market during the 2024/25 period. For the first time, skipjack in cans became the most sold item, overtaking yellowfin, which...
Australia’s Walker’s Tuna Latest To Sign Transparency Pledge
Australian company Walker’s Tuna announced on May 2, World Tuna Day, that it had signed the Tuna Transparency Pledge, to combat IUU fishing in the tuna industry. The global initiative by the...
Century Pacific’s Q1 Results Confirm Full-Year Outlook
Century Pacific Food reported a double-digit sales increase and net income growth in the first quarter of this year. The expected higher import tariffs by its main export market, the US,...
Seafood Expo Global Ends On A High Note
The Seafood Expo Global, the world’s largest seafood trade event, is ending today in Barcelona. From May 6 to 8, thousands of attendees visiting the halls, which featured products and services...
Grupo Consorcio Names Experienced Food Expert As New CEO
Spanish canning company Grupo Consorcio appointed Jesús Gómez as its new CEO on its 75th anniversary. Gómez, an agricultural engineer, has extensive experience in the food and retail sectors....
How Trustworthy Are Sustainable Labels On Canned Tuna In Australia?
Are canned tuna sold in Australia as sustainable as they claim in their packaging? Aussie researchers who are analyzing greenwashing in the tuna sector recently conducted a study. They...
Trust Is Key For Consumers To Buy Sustainable Tuna
On the first day of the ongoing Seafood Expo Global in Barcelona, the European Market Observatory for Fisheries and Aquaculture Products (EUMOFA) discussed how to change consumer behavior...
EU Processors Recovered Imports Of Frozen Whole Round Tuna In 2024
European tuna processors purchased approximately 40 percent more frozen whole-round tuna in 2024 year on year. This could be attributed to a large increase in supply from fleets in South...
Dongwon F&B’s Tuna Belly In Soy Sauce Hits Korean Stores
Dongwon F&B announced on April 29 that it has launched a new product, ‘Dongwon Tuna Belly Deep Soy Sauce Flavor'. The product, as the name suggests, is made from tuna belly, but the...
Study On Responsible Recruitment Practices For Tuna Processing Sector Launched At SEG2025
On the first day of the Seafood Expo Global, the Seafood Ethics Action (SEA) Alliance and a consortium of seafood groups presented their findings of a study about implementing responsible...
Seafood Expo Global Opens Its Doors
The Seafood Expo Global/Seafood Processing Global has begun today in Barcelona with thousands of industry suppliers and buyers worldwide present. Numerous tuna companies are participating in...
Coastal Nations Celebrated World Tuna Day
On World Tuna Day, NGOs and governments came together to raise awareness and celebrate one of the world’s most sought-after fish economically. Culinary programs, cultural events, competitions,...
Is There Still Room To Grow For Tuna Industry?
Tuna stocks in most oceans are at a healthy levels but has the tuna industry reached peak catches? Antonios Tzikas, COO of Greece based family run processor Konva, stated that the growth...
Jealsa Executive Discussed Path Ahead For EU Tuna Loining Operations
Juan Luis Alonso Escuris, Vice President (VP), Jealsa, discussed ‘The Future Route For Europe’s Tuna Processing Industry’ at the ongoing European Tuna Conference in Barcelona. He delved into...
Dongwon F&B Sales Grew In Q1, Sauces & Pet Food Performed Well
Dongwon F&B announced that sales in the first quarter of this year grew by nearly 7 percent compared to last year. Dongwon canned tuna, tuna sauces, and pet food fall under this segment....