NewPrinces Group reported consolidated revenue of EUR 2.96 billion in 2025, up 80 percent from 2024. Sales for the Fish segment, which is ambient tuna and seafood produced by its UK-based...
Trade
Tuna Fuels Grupo Consorcio Growth In Italian Market
Spanish seafood group Grupo Consorcio, which has a strong presence in Italy, reported an increase in tuna sales and volumes in 2025 in the market, and is eyeing an expansion of its tuna...
Will China’s Domestic Tuna Bet Dampen Pacific Islands’ Prospects?
China is moving to expand domestic tuna production, with indications of increased investment in canneries to boost output. Partnering with Pacific Island Countries (PICs) to facilitate the...
EU Processors WR Skipjack Buying Took A Nosedive
EU imports of frozen whole round skipjack dropped sharply in 2025, a five-year low, with top suppliers Seychelles and El Salvador both losing trade with European processors. Last year, EU...
Princes To Raise Canned Tuna Prices To Offset Costs
Faced with inflationary pressures on transport and logistics due to the war in the Middle East, UK-based Princes Group announced that it will put up its prices by five percent, which will lead...
Oil Volatility & The Tuna Trade: Critical Impact On Skipjack & Yellowfin Pricing
The tuna industry is facing an immediate operational crisis. With the Middle East conflict driving crude oil prices up by 50 percent in just 20 days, the surge in Marine Gas Oil (MGO) is...
Major Global Highlights March 2026
The prices of frozen whole round skipjack in major tuna processing hubs rose amid the Middle East conflict. An Indian seafood company purchased the Spanish tuna processing firm Frime S.A.U....
Australia Should Grow Influence In Kiribati Over China
Australia, close ally of the US, should strengthen its ties with Kiribati and improve its geopolitical influence in the Pacific nation, according to a latest opinion piece published by the...
Japanese Market Sees Increased Demand for Frozen Albacore and Bluefin
Japanese importers’ intake of frozen whole rounds of tuna for canning, restaurants, and food service rose by three percent in 2025, boosted by higher volumes of albacore and bluefin. The raw...
Grupo Profand Interest In Acquiring Canary Islands Seafood Firm
Vigo-based vertically integrated fishing company Grupo Profand is keen on acquiring the Canary Islands-based Unión Martín, another firm with tuna and seafood operations at its helm. Profand,...
How ESG Pressures Are Reshaping the WCPO Tuna Supply Chain
The WCPO tuna industry stands at crossroads as Environmental, Social, and Governance (ESG) pressures mount. Companies and retailers in key markets are rolling out dedicated programs and firm...
Demand For WR Yellowfin In EU Declined
EU buyers reduced their purchases of frozen whole round yellowfin from both EU and non-EU vessels in 2025, with prices for the product edging slightly lower. Supply was sourced predominantly...
Nauterra Strengthens Supply Chain By Joining Logistics Cluster
Spanish tuna company Nauterra recently announced that it has become a member of the Galicia Logistics Cluster, reinforcing its representation in the Galician canning and food sector. The...
Asian Tuna Exports Face Pressure Amid Middle East War
The conflict in the Middle East is straining global commerce, disrupting flows of fuel and a range of commodities. The shutdown of the Strait of Hormuz, a critical crude oil and shipping...
Demand For Tuna In US Climbs As Lent And Storms Boost Pantry Stockpiling
The Lent season that began in February in the US has pushed the sales of tuna and other seafood, especially shelf-stable items, that month. Shelf-stable tuna sales value and volume increased...
Century Pacific Earns Worldpanel Recognition
US-based consumer data company, Wordpanel by Numerator, recently named Century Pacific as the only Filipino brand in its ‘Made Local, Played Global’ report, a recognition of the brand's...
The New EU Rule On Purse Seine Freezing: Who Wins, Who Loses?
A major shift is underway in the tuna trade, and the consequences are already unfolding. The upcoming European Tuna Conference will reveal more. Since January 27th, the EU has enforced a new...
Costa Rica Flags Canned Tuna Price Hikes Ahead Of Holy Week
The Costa Rican government recently conducted a study to highlight the price differences in canned tuna across retailers to help consumers avoid overpaying, especially during peak demand...
EU Canners Cut Back On Their Demand For Raw Materials
EU processors imported nine percent fewer frozen whole rounds in 2025, driven by a decline in demand for yellowfin and skipjack. Sourcing from major fleets, such as Seychelles, declined while...
Readers: Tuna Fleets Will Continue To Face High Costs For Months
Crude oil prices surged after war began in the Middle East and the blockade of the Strait of Hormuz, a major global oil trade and shipping route. Although prices eased earlier this month after...