Last year, Brexit negotiations between the UK and EU went right down to the wire, but in the end, a trade agreement was reached. Under the deal, canned tuna imports and exports between the...
Trade
Jean-Marc Bonhoure, Founder Of JMB Int’l, Dies At 64
One of Thailand’s pioneering canned tuna brokers Jean-Marc Bonhoure, the founder and CEO of JMB International, passed away on December 31st, from an acute gastrointestinal hemorrhage....
Korean Tuna Company Invests Millions To Reach Global Markets
On Wednesday, South Korean tuna processing company, S&B International, signed a Memorandum of Understanding (MoU) worth KRW 15 billion (USD 13.7 million) for investment with one province...
Dongwon Online Sashimi Sales Skyrocket
South Korean tuna company, Dongwon, has turned to an online platform to market some of its premium fresh tuna and sales are going through the roof. Given that the global pandemic has severely...
UK Travelers Can No Longer Enter With Tuna Into The EU
The EU prohibits travelers from third countries looking to enter its jurisdiction from introducing certain food goods such as canned tuna. As the Brexit transition period is now officially...
Zhoushan Seafood Trading Center Hit Record Tuna Volume In 2020
The China Ocean Squid Trading Center in Zhoushan traded 60,000 tons of tuna last year, according to Zhejiang Online. In addition, the trading volume hit a record-high and exceeded CNY 3.5...
Credit Suisse Slapped With New Suit Over Mozambique Tuna Scandal
Credit Suisse has been slapped with yet another lawsuit over the Mozambique tuna bonds scandal. This time two companies that acquired some of the exposure of the bank’s loan are seeking...
Italian Packers Grew Canned Tuna Trade With Saudis In Q3 2020
The Italians grew their canned tuna business with Arabian Peninsula countries, especially Saudi Arabia, up to the first nine months of 2020 (Q3). Trade data has revealed that EU exporters have...
Spain Rapidly Losing Business In Africa
The shipments of canned tuna from EU countries to Africa dramatically fell during the first nine months of 2020 (Q3). Spain continued to lose business in the region while other much smaller...
Canada Nearly Doubles Canned Tuna Biz With Italians
North and South American markets imported a record volume of canned tuna from the EU in the third quarter of 2020 (Q3), with nearly half the products delivered to Canada. The EU export canned...
Century Pacific Sets Ambitious Targets For 2021
Century Pacific Food (CNPF) has set a conservative growth target of 10 percent for this year after a phenomenal 20 percent increase in its 2020 revenue. In previous years, the Philippine tuna...
Analyst Claims Dongwon Q4 Earnings Will Exceed Expectations
An investment company has predicted that Dongwon Industries’ performance will keep growing as the demand for canned tuna also increases while the supply for the product is...
Current Fisheries Policies Potentially Contributing To Fish Overexploitation
More than a third of the world's fisheries did not manage to keep fish stocks at maximum sustainable yield levels by 2020 as mapped out by one of the UN Sustainable Development Goals (SDGs)....
TU Continues Investments Outside Core Tuna Business
The Thai Union Group (TU) has announced the creation of a new company that will manufacture and distribute supplement products. The initiative is a joint venture between TU’s wholly-owned...
Asian Processors Facing 20-ft Container Shortage & Price Hike
A shortage of containers has been forcing carriers to sail at a lower capacity than usual. The demand for the transport boxes is high, but there are simply not enough empty ones to cover the...
Readers Split On Whether Tuna Industry Will Maintain 2020 Volumes
Atuna readers are quite evenly split on whether the global canned tuna market will be able to continue its good retail sales of last year into 2021. Since the lockdown started in the first...
Princes’s Business Shows Increase In Turnover
The Princes Group which owns one of the UK’s leading tuna labels, has revealed that the COVID-19 crisis had a positive impact on its annual results. In fact, the latest information revealed...
China Wants US To Stop Undermining Ties With Fishing Nations
The Chinese government is unhappy about the social media activity of the US Embassy in the country. The Foreign Ministry accused the consular office of using Twitter to sabotage bilateral...
EU Increased Redistribution Of Pre-Cooked Loins During Q3
The export of pre-cooked tuna loins from EU countries remarkably increased during the first three quarters of 2020. The majority of the new volume was traded within the economic bloc with very...
Last Minute Brexit Deal Sets Limits For Canned Tuna
After months of negotiations, the EU and the UK finally reached a trade agreement that seems to satisfy both parties’ demands. On paper, the news means that the tuna business will continue as...