Last Friday, the world’s largest tuna processor, Thai Union Frozen Products (TUF) announced plans to raise further share value by offering a whopping 1.2 billion new company shares on the...
Tuna Processing News
Isabel CEO’s Best Travel Tips For Tuna Businessmen
For most in this industry a significant amount of time is spent travelling from one place to another for business. So we asked the head of one of Spain’s largest tuna processors what top three...
Alliance Tuna And The Revelation Of Its Company Secrets
The management of one Asian tuna processor has failed to convince the court that minority shareholders in the firm are guilty of Revealing Secrets with Abuse of Office. Filed last year, former...
Thai Union Shares Under Performing In Bullish Market
Thai Union (TUF:TB) shares’ performance have disappointed as investors suffer a marginal loss. While the decline is modest, the firm’s stock trend shows sharp contrast to the average strong...
What’s Costing Spain 15 Times More Than Asian Processors?
The Spanish tuna industry is persistent in its pursuit to prove that EU approved trade benefits with third countries significantly weaken Spain’s competitive strength. A new factor thrown into...
Will 2015 See Good Investor Returns From The Processing Sector?
In terms of investor activity, stocks in the tuna processing industry have already seen a few ups and downs since the start of 2015. While some companies have seen promising growth in share...
StarKist Believes Expansion Of Value Added Pouches Is Way Forward
One of the US’ big three canned tuna brands is expanding its line of value added tuna products by releasing a new range of gourmet tuna pouches, with the help of a big US TV chef. Following...
Can PNG Challenge Thailand’s Leadership In Canning?
As much as 25 percent of the global skipjack resource is in the EEZ of PNG, the world’s most important raw material for tuna canneries, right under the nose of the nation’s processing plants....
Alliance’s Plan To Raise USD 22m In Fresh Funds
Alliance Select is taking steps to ramp up fresh capital in the shape of more than USD 22 million. In a disclosure to the Philippine Stock Exchange, the tuna processing company has announced...
Is Crisis Coming For Thai Canners?
Achieving a nine percent YoY global export climb for 2014, it seems like everything was rosy for Thai tuna canners. However, dramatic drops in the final four months of the year have further...
Mauritius Tuna Processor Confident In Financial Turnaround
Despite some economic hardship, one large tuna processor in east Africa is confident in turning its situation around, as the departure of its CEO has been announced and an imminent merger is...
With ‘Politics’ Aside, MSC Tuna Might Grow In US
When it comes to MSC certified tuna, US consumer demand is there, but on most tuna shelf stable products in US stores, the logo is nowhere to be seen; why? With recent MOUs and large volumes...
Rock Bottom Prices Hurt Garavilla
Impacted by low tuna raw material prices, Grupo Conservas Garavilla has posted a 4.3 percent YoY drop in turnover. Total revenue has been calculated at EUR 330 million for 2014. According to...
TUF Snaps Up Lobster In Acquisition Frenzy
Reeling in its latest purchase, Thai Union hassnapped up North Atlantic lobster producer, Orion Seafood International, under its already reputable brand, Chicken of the Sea. Hitting...
Worlds Largest Collection Of Tuna TV Commercials, Check It Out!
In a world where TV and internet advertising have become crucial marketing communication tools, the tuna industry, like many, takes to the screen to promote its products. At atuna.com, for...
The Black Meat Express – Roundtrip
Black tuna meat appears to be going on a lengthy roundtrip before arriving back in PNG, as the nation increasingly buys canned tuna from Filipino processors. The production line seems to...
Century’s Ambitious Five Year Growth Plans – Are They Realistic?
Philippine canned tuna monopolist, Century Pacific (CNPF), is eying substantial revenue growth over the next five years, and expects to outpace the country’s economic expansion. The firm’s...
Strikes In US Ports Start To Interrupt Tuna Processing
American Samoa appears to be one of the worst hit nations by the ongoing strikes on the US West Coast, as the country starts to feel the pains of shipping delays and low food supplies. As well...
Century Pacific Outpacing The Rest
In a bullish move, Century Pacific (CNPF:PM) shares have surged on the Philippine stock exchange (PSE), with 2015 growth outpacing other major tuna players, and beating the local index. A...
Analysts Trim Thai Union FY14 Profit Estimates
Snipping at original estimations, analysts have now trimmed down forecasts of Thai Union’s total 2014 profit. Bualuang Securities has reduced previous forecasts by four percent, which factors...
