The son of former Mozambique President was arrested in connection with a USD 2 billion fraudulent debt scandal, which includes a USD 850 million scam incurred to finance a state-owned...
Trade
Aldi Australia Hits Half-Priced Promos On Canned Tuna With Latest Ad
A woman was left speechless after hundreds of tuna cans kept pouring out of her kitchen cupboard – all cans bought for half the price in retail promotions. This is the latest ad of...
Majority Of Trade Expect High Salmon Prices To Increase Tuna Sales
In the past weeks, Atuna asked your opinion about whether tuna sales will benefit from high salmon rates. Salmon and tuna are among the most popular fish species enjoyed...
Price Fixing Scandal: Bumble Bee Settles With Sysco
Bumble Bee Foods and Sysco Corp. have reached a deal to end claims that the tuna company had colluded with other major firms in a widespread conspiracy to keep prices for canned tuna...
US Invests Millions In Somalia’s Tuna Industry
The United States government has invested USD 74 million to generate jobs for Somalia’s economic development, including the expansion of the Habo Tuna cannery, the country’s...
German Trade Company Inks Post-shipment Financing With Tuna Exporter
A German-based international trade company has signed a post-shipment financing worth USD 1.5 million with a tuna exporter from Maldives. Tradewind, previously known...
Director Of Fisheries Allegedly Received Spanish Bribes Over Bluefin Smuggling
The head of Malta’s Fisheries Department has been suspended after being accused of receiving bribes from Spanish tuna ranching kingpin Jose Fuentes Garcia in exchange for bypassing...
Jealsa Invests USD 2 Million In Fish Meal Production
Converting tuna waste into fish meal – this is the latest venture of the Spain-based canning group Jealsa Rianxeira in its factory Industria Atunera Centroamericana (Central American Tuna...
Seafood Mislabeling Rampant In North America, Study Finds
Canadian researchers have discovered that 32 percent of all fish across North American supply chains were mislabeled. The highest rate of label errors was found at retailers (38.1...
StarKist Goes Asian With New Tuna Pouch Line
With recent data supporting a strong acceleration of tuna pouch sales, Dongwon-owned StarKist is aptly riding this consumer trend with the release of new Asian-inspired single...
No Documents: Vietnamese Fresh Tuna Blocked In Vladivostok
Special Authorities at the Vladivostok airport seized 100 kilograms of Vietnamese tuna, preventing the import of the product due to the absence of documentation.The air cargo of Vietnamese...
Dongwon F&B Stock Strongly Underperforming Against KOSPI
Shares of South Korean canned tuna firm Dongwon F&B last traded at KRW 264,000 (USD 234.65), representing an 11 percent drop since the beginning of the year. The deep-sea fishing...
Tons Of Tuna Rot Away Over Lack Of Buyers
Kenyan fishermen have appealed to the government to help them find a market for their catch after having been forced to discard tons of rotting tuna due to lack of buyers. There was an...
EU Parliament Member To Speak At The European Tuna Conference 2019
EU Parliament member Linnéa Engström has been confirmed as the latest speaker to join the roster at this year’s European Tuna Conference (ETC2019) organized by Atuna on May 6 at...
Thai Union’s Supply From Seychelles To The French Market Drops
Overall imports of canned tuna to France have generally been stable over the last three years, presenting only a small decline of 0.4 percent (328 tons) in the third quarter of 2018...
Golden Ocean Opens Own Retail Outlet And Seafood Cafe
Tuna company Golden Ocean Fish Ltd. has opened its first outlet and seafood café in Suva, Fiji Island. The store located in the new Flagstaff Plaza will sell the companies own...
Poke Store Trials Vegan Tuna
LemonShark Poke is running trials to test customer demand for Ahimi. The plant-based alternative is being tested in three California locations before expanding to nationwide...
Global Crude Oil Hits 2019 High
The price of crude oil, according to the OPEC daily basket price, has hit a year high of USD 62.32 per barrel, breaking a three-month losing streak and posting its best January...
Declining Trend For Seafood Transactions In New Toyosu Market
A drop of 10 percent has been reported in the volume of transactions for marine products in the new Toyosu market in Japan, compared with sales at Tsukiji last year. “The...
Location Of Tuna Statue Confirmed
The long-awaited statue of a tuna poler will be placed on the Port Lincoln foreshore. The Port Lincoln City Council endorsed placing the statue between two Norfolk pines adjacent to...