As of January 1st 2014, the Maldives was pulled from the list of least developed nations in the EU’s General Scheme of Preferences (GSP). With this, the Asian island nation was stripped of its...
Tuna Processing News
Philippine Tuna Processors To Hit Middle East Market
The Philippines attaché to the United Arab Emirates (UAE) has said there is a USD 2 billion food market in the Middle East waiting for Filipino producers of fresh and processed tuna. Speaking...
TUF Stock Reaches New 2014 High
Thai Union’s (TUF:TB) share value has seen dramatic fluctuation in recent months, with little evidence of sustained strength. However, with stock price reaching its highest level since the...
Thai Union Buys EU 4th Largest Salmon Smoker
Bangkok-based Thai Union Frozen Products (TUF:TB +0.35%) is expanding into the chilled seafood market, and is set to buy French MerAlliance, a European-scale smoked salmon producer. The deal...
Alliance Shares Fall After August 1st Peak
After Filipino tuna processor Alliance Select Foods escalated on the Philippine stock exchange on August 1st, its share value has since fallen a significant 13 percent. A considerable...
Labor Unions To Campaign During Gensan Tuna festival
The International Transport Workers’ Federation (ITF) and the International Union of Food, Agricultural and Hospitality Workers (IUF) have voiced their disappointment at the hostile treatment...
Stock Of Tropical Canning Showing 90 % 1-YR Return
The share price for Tropical Canning has soared on the Bangkok Stock Exchange, with a dramatic increase to its highest level in five years. After high trading activity, with just below 20...
TUF Confirms Interest In Buying Bumble Bee
It seems the rumors were true – Thai Union’s President and Chief Executive, Thiraphong Chansiri has confirmed that the company has deep interest in acquiring Bumble Bee Foods. According to...
Is Bolton Preparing Itself For Bumble Bee Takeover?
Possible Italian bidding party in the USD 1.5 billion Bumble Bee auction, Bolton Group, has recently added 24 year old Leone Manfredini to its Board of Directors as Administration Consultant....
Consorcio Launches Tuna Fillets In Brine In Italy
Spanish tuna canning company, Consorcio, has announced the launch of new ‘natural’ fillet tuna in jars, in all large retail outlets throughout Italy. The new product, packaged in glass jars...
Upbeat Thai Export Data To USA A Turnaround?
With numerous negative reports about the state of canned tuna imports in the United States hitting recent news, it appears there could be a glimmer of light amongst the grey. A modest yet...
TUF Showing Its Social Face, Reassuring Investors
Thai Union is making a concerted effort to prove its social awareness, as it opens its second TUF Child Care Center in Thailand’s Samut Sakhon province. The facility will offer basic education...
Decline US Tuna Imports Accelerates Thru 2nd Qtr
As the Washington Post takes industry concerns over America’s calming appetite for canned tuna to International levels, atuna.com takes a look at the numbers that form the root of this...
Will Post Holdings Be The Next Owner Of Bumble Bee?
Currently on the auction block for at least USD 1.5 billion, could Bumble Bee Seafoods be taken over by a company that is a tuna industry outsider? According to Reuters, which quoted sources...
SeaDragon Wants To Source Only NZ Tuna
New Zealand based fish oil refinery, SeaDragon, is calling for the local industry to improve its quality management in order to supply the best quality tuna oil instead of having to import the...
TUF Posts 324% Net Profit Increase In 2Qtr
A recovery in the gross profit margin of Thai Union’s global tuna business has contributed to astounding growth in the company’s second quarter net results. TUF has released encouraging...
Philippine Tuna Shares Lack Bite
Alliance Select, FOOD:PM, Philippine Stock Exchange Alliance Select’s 11 percent rise on the Philippine Stock Exchange on August 1st is already showing signs of crashing back to lower levels....
Alliance Shares Up 11% Following Fresh Funds
Filipino tuna processor, Alliance Select Foods International, has escalated on the Philippine Stock Exchange following the release of USD 11.5 million from escrow. Part of an investment made...
StarKist Samoa Appoints Korean As New General Manager
StarKist Samoa has announced the appointment of Korean manager, Mr. Sangdong Kwon to the position of company General Manager. As of today, his leadership of the firm takes effect. In early...
Petit Navire Opens New Research Lab
French canning company, Petit Navire, has opened a new 450 square meter research and development lab in Douarnenez, Birttany, France. The new laboratory will employ around 10 new staff, mostly...
