The Papua New Guinean government has announced the next step in boosting the country’s role in tuna fishing and processing in the Pacific region. In the first quarter of 2025, a National Tuna...
Processing
Tons of Spilled Tuna In Manta Quickly Recovered Thanks To Bystanders
A flood of frozen skipjack landed on the asphalt of a roundabout in the Port of Manta due to a defective truck door. Around three tons of fish fell out of the container and blocked the...
Asian Canners Mark Strong Foothold In The US Market In H1 2024
Asian processors expanded their canned tuna trade to the US in the first half of this year compared to the same period in 2023. Thailand continued to be the top seller. The US increased its...
Jealsa To Integrate Loining Activities After Three Years
The Jealsa Group is working on returning all tuna loining operations to its main Bodión plant three years after the building was mostly incinerated. When the factory caught fire in 2021, the...
MIFCO Ceases Operations In Its Yellowfin Packing Facility
State-run Maldives Industrial Fishing Company (MIFCO) has shut down its yellowfin packing in Kan'du Oiy Giri fisheries complex on Kaafu Atoll. The Minister of Fisheries and Ocean Resources,...
Americans Paid Slightly More For Ambient Tuna In July
The price of shelf-stable canned tuna and seafood increased in July, whereas frozen seafood value dropped compared to June. The US Bureau of Labor Statistics (BLS) revealed this in its latest...
Thai Union’s Branded Tuna Boosted H1 Turnover
Thai Union’s ambient segment did well in volume and value in the first half of 2024 compared to the same period last year. Despite more volumes of private label canned tuna and seafood being...
Indonesian Tuna Will Soon Enter Japan Duty-Free
Indonesia has all the reasons to rejoice as it signed a new deal on August 8, under the Indonesia-Japan Economic Partnership (IJEPA), for its tuna products to enter Japan with zero tariffs....
Popular YouTuber’s Take On Canned Tuna And Other Social Media Stories
Ethan Chlebowski is a US-based chef who regularly showcases his culinary expertise on YouTube and other social media platforms. He recently posted a video ‘Is Expensive Canned Tuna A Scam’...
Thai Canneries Increased Whole Round Yellowfin Buying In H1
Thai processors slightly increased their purchase of yellowfin whole rounds in the first half of 2024 with most of its suppliers. A total of 42,164 M/T of Thunnus albacares were bought from...
Thai Union’s PetCare Business Sees Exponential Growth In H1 2024
Thai Union Group's pet food sales witnessed exceptional increase in the first half of this year at THB 8.41 billion (USD 238.35 million), up 26.2 percent YoY, driven by strong private label...
Inpesca Devalues EUR 27.5 Mln Investment In Atunlo To Zero
Spanish tuna fishing company Inpesca deteriorated its stake in Atunlo and ruled out the possibility of recovering its millions in unpaid invoices. Atunlo was initially a good business model...
South Korea’s Preference For Vietnamese Tuna Is Climbing
Vietnamese tuna exports to South Korea have been rising exponentially. The export of cans and frozen loins in June alone was valued at USD 6 million, six times higher YoY. The producers made...
Private Labels On An Upward Trend In Major Markets
The volume of canned tuna has remained stable for a long time but plummeted lately due to factors such as inflation in several global markets including the EU and the US. But the value of this...
High Costs Depress Good Q1 Results, Maruha Nichiro Takes Action
Maruha Nichiro, the Japanese seafood giant, increased sales in the first quarter of this year ending June 30, but aims to cut costs to face challenges and keep a healthy business environment....
MIFCO Lists Initiatives For Revamping Its Business
Plans to revitalize Maldives Industrial Fisheries Company (MIFCO) are crystallizing and the state-owned tuna processing company aims to attract more foreign investors. Ahmed Shiyam, Minister...
Major Global Highlights July 2024
July was filled with news over changes in the global tuna industry. A Spanish federal court brought charges against 12 companies and individuals for illegal bluefin smuggling which included...
Van Camp’s Lithographed “Colombia Made” Cans Are Head Turners
Iconic Colombian tuna brand Van Camp’s is marketing its products uniquely and creatively wherein two hands are lithographed in bright green on the lids of cans with the term "Hecho por Manos...
Dongwon Industries Q1 Forecasts No Improvement
Dongwon Industries lost one percent in revenue in the first three months of 2024 and saw its profits declined versus the same period in 2023. Good tuna catches and increased domestic demand...
Merger Of Newlat Food And Princes Group Is Completed
Princes Limited announced on Tuesday that its acquisition by Italian company Newlat Food S.p.A is complete. The UK food and beverage organization which has a wide range of ambient tuna...