In the midst of Bumble Bee’s bankruptcy filing, the question of who will be the next owner of the company is on everyone’s mind. FCF Co. Ltd., the tuna giant’s dominant...
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Readers: Ecuador’s Export Will Not Suffer From EU Yellow Card
Most Atuna readers have no fear that the EU yellow card will affect Ecuador’s duty-free export to the economic bloc in 2020. They assume that Ecuador will take the necessary measures...
Lischewski Ignored Board’s Letter On Antitrust Violations
Despite objections from defense counsel, public prosecutors for the US government hammered Chris Lischewski when he took the witness stand yesterday. The former CEO of Bumble...
Thai Union’s Seychelles’ Plant H1 Shipments To EU Falling
The exports of the sole tuna cannery plant in Seychelles during the first half of the year (H1) declined further, following the trend of the last two years. The Thai...
Bumble Bee Lenders Financing Chapter 11 Trip
In order to guarantee that Bumble Bee can keep its operations running while taking the Chapter 11 route, its prepetition lenders have given significant debtor-in-possession (DIP)...
The Extreme Importance Of FCF For Bumble Bee
Not only is the survival of Bumble Bee crucial for Fong Chu Formosa (FCF), even more critical is the extreme importance of the Taiwanese boat-owners cooperation – today's world's largest...
Lischewski: “I Had No Idea” About Price-Fixing
Chris Lischewski, former CEO of Bumble Bee, took to the witness stand on Friday and confidently stated that he did not participate in the canned tuna price-fixing conspiracy and he did not...
Why Bumble Bee’s Survival Is Crucial For FCF
The stalking-horse bid for Bumble Bee’s assets by Fong Chu Formosa (FCF) is no surprise because it is crucial for the Taiwanese tuna supplier's own survival. FCF is a cooperation of...
Defense Argues Acquittal For Defendant In Mozambique Fraud Trial
Defense counsel downplayed the role of his client, Jean Boustani, a key salesman for Privinvest, in the Mozambique USD 2 billion scandal that has rocked the African...
Chinese CNFC Stock Price Falls Despite Better Q3
The good Q3 numbers of Chinese tuna vessel operator CNFC Overseas Fisheries (CNFC) have not resulted in better stock performance. Initially, during October, its share price...
Bangkok Skipjack Price Bottoming Out?
Is the benchmark Bangkok skipjack market at last bottoming out and picking up? As it stands, there is still a really low demand while the supply of raw material to the region remains high. But...
Petit Navire Promises Tender Tuna Chunks
French brand Petit Navire’s Salade à la Mexicaine (Mexican Salad) is a bestselling product, boldly claiming it contains tender tuna with the ‘Tendres Morceaux De...
Greek Imports Show Upward Trend
Imports of canned tuna destined to Greece are slowly recovering after a massive fall in 2017. During the first half of the year (H1), orders by Greek buyers showed a small increase of...
Former Chicken Of The Sea Executives Implicate Lischewski
Two former Chicken of the Sea top executives took the stand in a federal court in Northern California to give their testimonies regarding price-fixing canned tuna in the...
FCF In Bidding Talks With Bumble Bee
In the latest shocking news in the Bumble Bee saga, Taiwan-based FCF Fishery has entered into talks with Bumble Bee Foods to buy the tuna company during...
Jealsa Manufactured Over 1 Billion Cans In 2018
The Spanish canned seafood company, Jealsa, manufactured over 1 billion cans in 2018, which represents a turnover of EUR 639 million. The business owns canned tuna...
Who Could Be Interested To Buy Bumble Bee?
The announcement that Bumble Bee is filing for Chapter 11 opens speculations on who will be interested in buying the troubled company. Given the recent events involving the tuna...
Ex-CEO Of COSI Testifies About His Cooperation With Lischewski
The former CEO of Chicken of the Sea International (COSI) and a key witness for the US government on the canned tuna price-fixing conspiracy spoke out in federal court...
Manta’s Skipjack Holds Firm In Depressed Market
Boat owners in Manta fearing that the skipjack price might drop close to Bangkok levels can now sigh in relief. The price for a M/T of skipjack in the South...
Thai Union Launches New SEALECT Tuna Fitt
Thai Union has launched a new line of canned tuna in Thailand to attract health-conscious consumers -- the SEALECT Tuna Fitt. According to the company, these...