The Spanish processor Frime now accepts Bitcoin as a form of payment for its fish products, including its specialty - tuna. The firm claims to be the first in the tuna industry to give...
Tuna Processing News
Majority Bet On Chinese Firms To Outdo Thai Processors
Import data has shown that more Thai business is being taken by Chinese firms as US and EU buyers have been purchasing greater volumes of pre-cooked tuna loins from China. This comes as a...
DOJ Indicts Alliance Execs For Withholding Financial Results
The Philippine Department of Justice (DOJ) has found probable cause to file charges against officials from the tuna canning firm, Alliance Select Foods International, due to their refusal to...
Nichol Elizabeth New GM For IOT Seychelles
The Seychelles tuna plant, Indian Ocean Tuna Limited (IOT) has appointed national Nichol Elizabeth to take over the role as General Manager. As a former manager at Pioneer Food Cannery (PFC)...
Drop In Activity At World’s Major Transshipment Port
Latest reports show this year’s annual tuna transshipments in Port Majuro are unlikely to meet 2016 figures. The WCPO fleet reported extremely slow catch rates for several months of the year,...
Bumble Bee Accused Of Misleading Smoked Salmon Marketing
US Big 3 tuna brand Bumble Bee is facing allegations that one of its other seafood products, canned smoked salmon fillets, are marketed misleadingly. A legal filing claims that the fish is not...
Grupomar Breaks Into Middle East With Halal Tuna
The Mexican tuna brand, Tuny, is set to be shipped to Qatar this month, with owner Grupomar claiming it is the first Mexican tuna processor to export to the Middle East. After acquiring halal...
Will Chinese Firms Continue To Take Away Thai Business?
Major tuna exporting nation, Thailand, has seen shipments to its two biggest markets weaken as Chinese firms become increasingly prominent in the global tuna industry. In recent years, buyers...
Opinions Split On Future Of US Canned Tuna Production
With canned tuna production in the US having declined in 2016, and the latest figures suggesting the same could happen this year, questions have been raised on the future success of US based...
TU Boosts Spend On Plant Renovation & Product Innovation
Thai Union has hiked up its investment budget focusing on the renovation and maintenance of production plants, as well as product research and development (R&D), with up to THB 4 billion...
StarKist Samoa Could Wipe Out Any Chance Of TMI Return
The American Samoa StarKist cannery is in negotiations with Tri Marine International (TMI) in order to take over its cold storage facility in Pago Pago. With the TMI plant shut down...
StarKist Resumes Production After 5-Week Shutdown
StarKist’s tuna cannery in American Samoa is resuming operations, after being shut down for five weeks to fit new equipment. The doors of the factory have been closed since October 21st, after...
Have We Seen The Peak In US Cannery Output?
Canned tuna production in the US, which is dominated by the US Big 3, declined in 2016 and the latest stats indicate the nation’s processors might show lower output this year. The first three...
US Based Cannery Output Lower After 7 Year High
US domestic canned tuna production, dominated by the Big 3 brands, fell notably in 2016, dropping from a seven year high recorded the previous year, the latest NOAA data reveals. So far this...
COS Sues US Tuna Brand Over Use Of Mermaid Logo
Tri-Union Seafoods, commonly known as Chicken of the Sea (COS), has filed a legal complaint against the US-based global food company, Otis McAllister for federal trademark infringement in...
Phil Canners Outcompete Other Suppliers In EU
Tuna canners in the Philippines have muscled their way increasingly into the EU canned tuna market, undercutting other supplying nations on price positioning. The German market, to which they...
Alliance Battles Price Pressures & Climbs Back To Profit
Major Philippine tuna canner, Alliance Select Foods International, has climbed back into profit during this year’s third quarter, creating a big gap between last year’s losses. Despite...
Century’s Solid Profits Pull Shares Out Of Slump
Century Pacific’s sturdy financial results have lifted the firm’s share value considerably, pulling it up from a sharp slump recorded in this month’s first days. Looking over the last 18...
US Tax Reform Could Help StarKist Samoa Stay Afloat
A draft of the US tax plan released earlier this month could benefit the StarKist Samoa cannery if it was to be authorized unchanged. Having complained of supply struggles and faced closures...
Calvo Plans To Transform Brazilian City Into “World’s Biggest” Processing Hub
Under its Brazilian Gomes da Costa brand, Spanish Calvo Group has expressed plans to integrate and expand processing facilities in the city of Itajaí, Brazil to create the “world’s biggest”...
