The Thai Union (TU) Group recently increased its stake in domestic retail company, Thammachart Seafood Retail Co., to 65 percent. In a press statement, TU said that the seafood firm...
Trade
StarKist Continues Plan To Expand Beyond Tuna
The US canned tuna brand StarKist, which holds the biggest market share in the country, has been widening its scope to include other seafood species as it considers the tuna market...
Major Drop In PNG Shipments To Thailand
The overall volume of all species of frozen tuna raw material landed in Thailand during the first three quarters of 2019 (Q3) continued shrinking, following the trend of...
Pinsa Opens Dolores Brand Stores
The Pinsa Group has opened its third Dolores Market store in Mazatlan, Mexico. This is in addition to the two other concept shops in Culiacán and Guadalajara. Pinsa's...
Despite High Prices, Thai Packers Are Buying More Albacore
Unlike any of the other tuna raw material imports unloaded in Thailand during the first three quarters of the year (Q3), the volume of albacore deliveries experienced an increase in demand....
Antitrust Feds Request For A Slowdown In Bumble Bee’s Sales Process
The deadline for bidding on Bumble Bee is too short, according to the US Department of Justice’s Antitrust Division. In a motion filed on December 9, the Division asked the US bankruptcy...
Tri Marine Group Confirms Juan Corrales As CEO
Juan Corrales will be taking over as the new CEO of Tri Marine Group starting January 1, 2020. He will be succeeding Renato Curto, who stepped down on his 75th birthday on December 10...
Thailand’s Q3 Bigeye Imports Raise Questions
During the first three quarters of 2019 (Q3), the volume of imported frozen tuna raw material making its way to Thailand decreased for most species. Skipjack and...
Spanish Albo Sets Focus On The Chinese Tuna Market
Spanish canner Hijos De Carlos Albo intends to expand its business with China by starting a trading enterprise, Estelas Trading. In 2016, the cannery was taken over by the Chinese...
Now Official: Tuna Is Europeans’ Favorite Fish
It is official – canned tuna is the most consumed fish in the European Union, according to the latest figures by Eurostat. The latest EU Fish Market's recent report...
Readers: Possible Future For FCF-owned Bumble Bee
Three-quarters of Atuna readers do not expect the FCF’s stalking horse bid of USD 925 million to be surpassed at the Bumble Bee auction on January 10 next year. The most logical candidate...
Oceano Seafood Buys A-1 Tuna Brand In Peru
The Oceano Seafood Company, a South American corporation made up of Peruvian and Ecuadorian entrepreneurs, have bought the Peruvian canned tuna brand, A-1. The brand was formerly owned...
Bangkok Yellowfin Intake Continues To Slide In Q3
The imports of frozen yellowfin landed in Thai ports during the first three quarters of 2019 (Q3) dropped to their lowest level in at least five years. Boat owners failed...
Big Cut In Q3 W/R Skipack Deliveries In Thailand
During the first nine months of the year (Q3), Thai buyers' demand for whole frozen skipjack sharply decreased in comparison to previous years. The low buying interest for...
Thai Union Loses One-Third Of Its Market Value
Thai Union shares have been continuously sliding on the Bangkok stock exchange. The Thailand-based seafood company and world's largest canned tuna player saw one-third of its market...
Thai Processors Absorbed Less Raw Material In Q3
The imports of frozen tuna raw material in Thailand continued its decline in the third quarter of 2019 (Q3) and the figures showed an overall depression year-on-year. ...
NFI & ISSF React On Conviction Of Their Ex-Chair Lischewski
Long before a federal jury found Chris Lischewski guilty of price-fixing US canned tuna, he was the Chair of important seafood organizations, specifically NFI and ISSF....
Bangkok Skipjack Holding At Depressed Level
The benchmark Bangkok tuna market SKJK1.8:BKK has temporarily stabilized, sources have said to Atuna. A limited demand from the domestic canning industry, the...
Canned Tuna Imports Regaining Momentum In North Africa
Being part of the increasingly interconnected world, the North African economies have been impacted by the global fluctuations in currencies. The constricted availability of the US dollar...
Ecuador Taking Action Against Yellow Card
Ecuador has already started to take action to rid itself of the EU yellow card for when the progress of the national fishery sector will be analyzed next April or May. One of the main...