Global inflation is driving food prices and living expenses. US retail chains Walmart and Target recently reported that inflation is already affecting their customers’ buying behavior. They...
Trade
Dry Container Rates Improving But Reefer Situation Precarious
In what can only be described as good news for the canned tuna industry, global container shipping rates continue to fall. Meanwhile, the price of shipping goods via reefers has risen, which...
INFOFISH TUNA 22 Announces Expert Speakers
With just a few weeks left until the 2022 INFOFISH World Tuna Conference & Exhibition in Bangkok starts on October 10, the organizer has released the complete list of speakers. Based...
Philippine Tuna Congress Pushes For A Department Of Fisheries
General Santos will host the 22nd National Tuna Congress and Trade Exhibit in the Philippines from September 1-2. The tuna industry will resubmit its request for a separate Department for the...
Readers: Lischewski Should Not Be Sued Personally For Price-Fixing
When Chris Lischewski is released in November, he will be sued in a civil suit in California. The judge reopened the case after he initially made the mistake of quashing it. Atuna asked its...
Euro Value Drops Through Parity Barrier To USD 0.99
Since the euro and the US dollar reached parity for the first time in 20 years on July 13, the currencies value has been moving near equality. But since August 22, the euro has lost its...
PAFCO Tuna Under Threat From Foreign Products
The Pacific Fishing Company (PAFCO) in Levuka, Fiji, fears that the Pacific Island Countries Free Trade Agreement is increasing foreign canned tuna brands on local supermarket shelves. The...
H1 Exports To North America Stable, But Thais Missing Deals In The South
Thai processors have been losing H1 business in the Americas mainly due to the drop in shipments to the South American nations. Trade with North American buyers has held steady over the years...
Maldivians Have 100 Names For Tuna In Their Food Culture
The Maldives has a centuries-old tradition of tuna fishing. It is an integral part of their existence. Over decades, their culture and diet developed, revolving around eating tuna. The fact...
TU Wants To Give USD 65 Mil Guarantee For Red Lobster
Thai Union (TU) Group has asked the Stock Exchange of Thailand (SET) to approve a partial guarantee for US seafood restaurant chain, Red Lobster Master Holdings. In a statement on Wednesday,...
Thai Canned Black Meat Shipments Expand In PNG, Russian Deals Down
Thai processors gained back business with several international markets around the world in the first half of this year (H1 2022), after a major drop in exports in the same period last year....
Strike Paralyzes UK’s Main Canned Tuna Import Harbor
On August 21, approximately 2,000 dockworkers at the Port of Felixstowe began an eight-day walkout. It is the major harbour in the UK for canned tuna imports. In 2020, the country took...
Court Upholds Fraud Indictment On Alliance Select’s Former Boss
An appellate court in the Philippines has upheld an indictment against several top executives of the tuna company, Alliance Select Foods International Inc. (ASFII), including Founder and...
Govt Cuts Storage Fees In Azores In Response To Market Instability
The war in Ukraine has drastically affected the tuna business of Azores by making it difficult for companies to transport the products from one place to another. This, along with inflation has...
PNA Ports See Higher Carrier Activity In July
Last month, purse seiners operating in the WCPO transferred one of the highest tonnages of whole round frozen tuna into carriers in PNA ports, propelled by the maximized efforts that captains...
World Bank Loans USD 300 Million To Mozambique
After years of suspending aid to Mozambique, international financial institutions are once again lending money to the African nation. The World Bank, the International Monetary Fund (IMF), and...
Dongwon First To Launch Premium ‘Tuna Liquid’
Surprisingly, Dongwon F&B announced the launch of "Premium Dongwon Tuna Liquid" just a few days after Halla Foods introduced their "Tuna Juice-liquid seasoning". The normal version of the...
Ivory Coast Govt Gives In To Demands, Abidjan Port Shutdown Avoided
The protest march to shut down the Abidjan Port on August 20 did not take place. The organizers decided to give the discussion with the authorities on their problems with the illegal faux thon...
Philippine Processors Secure Zero Duty Trade Deal With UK
After negotiations between the UK government and the Philippine Department of Trade started in 2021, the European nation signed a trade deal that continues the duty-free entry of Philippine...
Recall For Spanish Frozen Tuna Pizza
Histamine has been found in certain batches of frozen tuna pizzas of the Consum brand made in Italy and distributed in some communities in Spain, warned the Spanish Agency for Food Safety and...