The US federal government is coming down hard on antitrust cases in the country and recently a slew of price-fixing cases - following the tuna suit - have been brought against major players in...
Trade
Gadira Launches New Almadraba Morrillo Tuna Filet
Spanish company Gadira, which sells wild bluefin from the almadrabas off the coast of Cádiz, has launched a new product – Wild Bluefin Fillet from Almadraba in olive oil. The cut of the...
Duty-Free Vietnamese Tuna Soon In The EU
The Vietnamese government recently confirmed that the EU-Vietnam Free Trade Deal (EVFTA) which will scrap 99 percent of customs duties between the two sides over the next 10 years will come...
Robinson Crusoe Launches New Tuna Pates
Robinson Crusoe, a subsidiary of Spanish Jealsa Rianxeira, has launched a new Tuna Pate line (Patês de Atum) in Brazil in three different flavors – Traditional, Spicy, and with Olives. The...
Thai Flakes Fuel Rapidly Growing Slovakian Market
The canned tuna market in the Eastern European country of Slovakia has almost doubled in just two years. Compared to 2017, buyers have equally demanded higher volumes of premium tuna and also...
Supreme Court Judges Against Calvo On Origin Rule
The Spanish Supreme Court (SP) has ruled against the appeal of one of the country’s leading tuna corporations, Grupo Calvo, in a dispute involving default interests on VAT tuna imports from El...
Was Lischweski’s Sentence Fair, What Do You Think?
After a jury found him guilty of fixing canned tuna prices, Chris Lischewski, the former CEO of Bumble Bee, heard on June 16 his sentence, which consists of 40 months in prison and a USD...
Ecuador Unable To Challenge Asian Dominance In US Canned Tuna Market
As the second-largest exporter of canned tuna in the world, Ecuador's annual deliveries to the US are surprisingly insignificant. As a matter of fact, for the past three years it represented...
Douglas Hines’ AFT Holdings Cuts Ties With FCF
Nearly three months after Greenpeace came out with its report asking Taiwanese trader, FCF, to assure American consumers that its products are IUU-fishing free, AFT Holdings has decided to...
Thai Union’s Niruttinanon Family Member Named As Israeli Cannabis Investor
A member of the Niruttinanon family, which partly owns Thai Union, has been named as a new investor in the Israeli medical cannabis company, Better Holdings, which is incorporated as Cann...
Court Denies Big 3 Request To Temporarily Pause Price-Fixing Suit
The US Big Three's petition to pause the procedures related to the civil multi-district price-fixing suit that is currently ongoing was denied by the Ninth Circuit court on June 15. Last...
Lischewski Insists On Innocence In Letter
Former CEO of Bumble Bee, Chris Lischewski, is definitely going to be serving time even though his lead counsel announced in court during the sentencing that they will be appealing. But on the...
Tug-Of-War In Bangkok Keeps Skipjack Price Level
The mood for the Bangkok skipjack market seems to be changing from the low outlook and there is every indication that it is looking up. This is due to the currently ongoing tug-of-war over the...
Indonesian Tuna Retail Supplier Thriving While Others Shut Down
The Indonesian tuna and seafood industry has been extremely hard hit by the COVID-19 pandemic, just like in many other countries worldwide. Closed plants and low demand are where the situation...
Lischewski Gets 3 Years Prison Term For Price-Fixing
A federal judge in California has sentenced the former CEO of Bumble Bee, Chris Lischewski, to 40 months in prison and ordered him to pay a fine of USD 100,000. This amount is to be settled...
Could Monsoon Season Drive Seychelles Price Up?
The unclear worldwide market situation for skipjack has influenced the Seychelles price as it is following the downward trend in Bangkok of the last weeks. On top of that, the tuna catches are...
Philippines’ Export Growth Leans Heavily On German Market
The tonnage of canned tuna that the Philippines shipped to the EU has been steadily increasing. As a matter of fact, in 2019, local processors sold the highest volume of the last five years,...
Lischewski Does Not Want Prosecutors To Make Spectacle At Sentencing
In a final plea to the court, the former CEO of Bumble Bee, Chris Lischewski, has asked a Californian federal judge to not let his final sentence hearing, which will be held today, devolve...
John West Appoints New UK & EU Managing Director
The Thai Union-owned brand, John West, has appointed a new UK and Europe Managing Director, Paul Stephenson. He previously worked for over 20 years with the Mars retail group, mainly in pet...
Thai Union Share Re-Purchases At Historic Low Price
On June 15, Thai Union repurchased 2,100,000 of its shares at a total amount of THB 25.28 million (USD 813,314), which equals 0.044 percent of the paid-up capital. Thai Union got a ‘bargain’...