Atuna's readers do not expect StarKist’s lawyers to be successful in their request for a 50 percent discount on the previously agreed fine. StarKist will have to pay the total amount...
Trade
Tonnage Of Pre-Cooked Loins Moved Between EU Canners Declines
The movement of frozen pre-cooked loins between member states within the EU has decreased over the last three years. Activity dropped about 39 percent during this period –...
“Bluefin Mafia” Had A Mole Within Spanish Police Investigation
A Spanish Civil Guard agent, identified as Jorge G.G., has been accused by The Central Operative Unit (UCO) for maintaining a suspicious relationship with businessmen associated with...
StarKist Exposes Financial Position And Investments To Get Fine Reduced
StarKist is not profitable and has flat sales, said StarKist’s counsel in a hearing with a federal court on June 12 regarding the reasons why the tuna company cannot pay its USD 100...
Fear Over BKK Skipjack Breaking Through Price Barrier
The price for whole round skipjack SKJ1.8:BKK is unclear at the moment but there are indications that it is somewhere between USD 1000 – USD 1050 CFR Bangkok per...
Federal Judge Wants StarKist To Explore Sale Of Techpack To Pay Penalty
In a court hearing, a US federal judge has demanded that StarKist look into the sale of Techpack Solutions, so that it may be able to pay its fine from the canned tuna...
Domestic Canners Cause Thai Exports To Oceania To Drop
Although Oceania has the largest resource of tuna within the Western Pacific Ocean, the countries import most of their canned tuna from Thailand. ...
Supreme Court Rules Calvo To Pay EUR 9.7 Mil In Duties
Spanish tuna leader, Grupo Calvo, has to pay EUR 9.7 million in tariffs for the import of raw material from El Salvador. The Supreme Court rejected an appeal by the Galician...
Seychelles Skipjack Price Passing Barrier
Prices for whole-round frozen skipjack and yellowfin in Seychelles have decreased even more from their previous levels. Currently, price for SKJ1.8:SEY is at EUR 950 M/T (USD...
Chansiri Expects Less Price Fluctuations For Thai Union
Production efficiency and innovation will lead to an increase in net profits for Thai Union, the top executive of the tuna company has stated. Chief Executive Officer, Thiraphong Chansiri,...
Atuna Poll: Will StarKist Obtain A 50% Discount?
StarKist’s lawyers pled at the Federal Court in San Francisco that a fine of USD 50 million would be fairer for the company as it is struggling with the payment, as...
Kmart Dimisses Claims Against StarKist In Tuna Lawsuit
More than two dozen retailers including Kmart and Family Dollar Stores Inc. have asked a US federal court to drop the claims brought against StarKist. The plaintiffs did not mention...
US Drops Mexico Tariffs With New Deal
In a quick turnaround of events, the US has called off the trade tariffs that it threatened to impose on Mexico this week due to officials reaching a new deal on immigration. ...
Walmart Drops Lawsuit Against Bumble Bee
US retailer Walmart and its club store arm, Sam’s Club, have dismissed their claims against tuna canner Bumble Bee (owned by Lion Capital) in an antitrust lawsuit against the...
Readers Say Dolphin-Safe Lawsuit Probably Unsuccessful
Atuna asked our readers their opinion if the dolphin-safe class action suit against the Big Three will be successful. The companies were taken to court for allegedly misleading...
Korea Main Exporter Of Bluefin To Japan
The Republic of Korea has emerged as the main exporter of frozen bluefin to Japan in the first quarter of this year. The country sent 386 tonnes of frozen bluefin...
Secrecy Over Wespac Finances Triggers Press Probe
Thousands of dollars from a federal fund have been misused by members of the Western Pacific Regional Fishery Management Council (Wespac), according to the latest investigation by a...
Court Blocks Mozambique Govt Deal With Tuna Fraud Creditors
Mozambique's top court has ruled that the USD 850 million Eurobond issued by state-run Ematum SA in 2013 is illegal. The Constitutional Court of the country said in a ruling...
Bottleneck Drives Prices Further Down In Bangkok
The latest deals in Bangkok have been concluded and prices for whole round frozen skipjack SKJ1.8:BKK are at USD 1200 CFR per M/T, falling about 8% in the...
Princes NL Reports Now 94% Responsibly Purchased Tuna
Princes Foods Netherlands says it made a big step towards meeting its goal of offering 100 percent responsibly purchased tuna as reported in their press release of June 4. The...
