Bumble Bee Foods, US's largest seafood company is preparing to file for Chapter 11 bankruptcy protection within days and put itself on the market for sale, reported the Wall Street...
Trade
Brits Bought More Frozen Tuna, But Less Seafood Overall
In general, the Brits bought less seafood, including tuna, in the last year across major retail stores across the country, according to a latest Nielsen ScanTrack data. But shoppers...
Seychelles’ Prices Not Following Bangkok Crash
The Seychelles market for yellowfin and skipjack is trying to hold its balance as prices in Bangkok are crashing through the floor. Nevertheless, skipjack prices did...
Dutch Imports Of PNG Tuna Cut By Half
In the Netherlands, during the first half of 2019 (H1), buyers' demand for canned tuna products remained stable year-on-year. Dutch deliveries for this period last year suffered a small drop...
Key Witness: I Lied To FBI About US Tuna Price-Fixing
A former StarKist executive has admitted to jurors that he initially lied to the FBI about his role in criminal price-fixing of canned tuna in the US. Steven Hodge, ex-Senior Vice...
UK Retailers Selling More Tuna, Higher Penetration
Canned tuna deliveries into the UK showed modest growth in the first half of the year. This comes in the midst of the uncertain economic climate that Brexit has created in the country. ...
EPO Skipjack Landings Strong In Q3
Tuna catches in the Eastern Pacific are of the rise as this year’s figures show a higher volume of tuna landed by purse seiners and pole-and-line vessels than last year. However,...
Curto Testifies In Lischewski’s Trial: “Industry Based On Gossip”
Tuna industry’s heavyweight, Renato Curto, took to the witness stand and told jurors that he does not remember many of the meetings and email communications from previous...
Ecuador Loses Big Share In German Retail Market
The volume of canned tuna coming into Germany suffered a dip in the first half of 2019 (H1) mainly due to the fall in imports from outside the EU. According to the...
Seychelles Signs Agreements With China On Fish Exports
Seychelles and China have signed three agreements, which set a framework under which fish and other aquatic processors in the island nation can gain access...
Mozambique Wants Tuna Loans Back From Its Lenders
The Mozambican government is filing a lawsuit against Credit Suisse, Privinvest, and several London bankers to nullify the USD 622 million loan for Proindicus, a stated-owned security...
Americans Eating More Non-Canned Tuna
The demand for non-canned tuna products in the US has been steadily growing over the past couple of years. As a matter of fact, during the last three years, the US has emerged as a leading...
How Dependent Is Ecuador’s Industry On The EU?
Recently, Ecuador was handed a yellow card warning by the EU due to the country’s inability to comply with agreed international standards about IUU fishing. The cautionary measure does not...
Atuna Poll: Will The Yellow Card Depress Ecuador’s 2020 Exports To The EU?
Ecuador has landed in hot water with the European Commission (EC) due to its inability to comply with the agreed international standards over IUU fishing. The country was slapped with a yellow...
Strong Growth In Philippines’ Frozen Tuna Exports
After Thailand, the Philippines remains the largest exporter of canned tuna from among the Asian nations. Ever since the start of the industry about 50 years ago, the bulk of export...
Echebastar’s Alakrana Wins Innovation Award
The Basque fishing company, Echebastar, has been honored by the BTEM Food Innovation Awards in the Technological Innovation Category, which acknowledges the creation...
Italian Demand For Spanish Canned Tuna Weakened During H1
The volume of canned tuna consignments going to Italy during the first half of 2019 (H1) continued to slightly decline after the remarkable surge experienced in 2017. This can be attributed...
Jealsa’s President: “Will Local Brands Continue To Exist?”
Jesús Alonso, President of Jealsa Rianxeira, was recently interviewed by the Spanish newspaper El Día about the company’s success, their expansion into Brazil, and the challenges in the...
Thai Union Takes Control Of Thammachart Seafood
The Thai Union Group (TU) has taken control of Thammachart Seafood Retail Co. (TSR) by buying up an additional 39.9 percent stake in the company. TSR provides professional management...
Israel Recalls StarKist Canned Tuna Due To Side Effects
Israel’s Ministry of Health has announced a recall on a series of StarKist canned tuna due to complaints of side effects by consumers. It pertains to light tuna chunks in olive oil (80 grams)...