Mozambique’s former finance minister Manuel Chang will oppose extradition to the United States. Chang was arrested on charges of money laundering, wire and securities fraud involving a total...
Trade
Closing Values Of Major Tuna Shares Show Bloodbath
After a difficult month of weakening share prices and negative one-year returns, Atuna assesses the damage posted in the Stock Markets of some of the biggest tuna players around the...
Where Do You Think The Bangkok SKJ:1.8 Price Will Peak In 2019?
In December 18, Atuna reported on the limited buying interest from local tuna canners in Bangkok which led to a steady decline in skipjack trading activity. Prices have been...
Poll Results: Does The Lack of Easy Open Cans Drive Away Millennials?
The results of the latest Atuna poll are in and Atuna readers stand divided on the issue of millennials driving down sales in the canned tuna industry. Exactly half of Atuna...
Hawaii Ends 2018 With High Ahi Prices
Significant demand during the holiday period has caused ahi tuna prices to soar. A pound of premium-grade bluefin toro ahi was sold for USD 39.95 in Honolulu, Hawaii.Ahi Tuna is traditionally...
Ex-Finance Minister Arrested For $850M Tuna Bond Scandal
A former Finance Minister of Mozambique was arrested for money laundering and approving secret loans. Manuel Chang, 63, was apprehended at South African airport and is now awaiting...
Spain Sees French Market Share Taken By Thai Union
Spanish canners, who are supplying an important part of the private label sales in France, have been confronted over the first half of this year, by competing Thai Union cannery in Seychelles,...
Stocks Analysis: Century Pacific Recovers After Weak Performance In Q3
Leading Philippine tuna canner Century Pacific shows strong signs of recovery in latest stocks at PHP 15.50 (USD 0.29), revealing a 17 percent increase from PHP 12.90 (USD 0.24), the...
StarKist Stops Israel Manufacturing Ops
US-based tuna company StarKist will stop its manufacturing operations in Israel, but consumers will still have access to StarKist tuna in local shops. About 80 workers in the...
US Wins Legal Feud Against Mexico Over Tuna Labeling
After a decade-long legal battle, the World Trade Organization has ruled in favor of the United States over Mexico’s claim that US labeling rules violated WTO rules. Mexico argued...
Stock Analysis: Is There Hope for Sapmer’s Weakening Stocks?
French tuna fishing firm, Sapmer, has seen a disappointing year, with latest stocks sharply falling 34 percent from EUR 34.00 (USD 38.58) in the beginning of the year to EUR...
Red Bluefin Now Available in Jars
A couple based in Sète, France have begun offering canned red bluefin in glass jars. Renaud Fréjafond owner of a small craft, and his partner,...
US Import Of Tuna-like Species From China Still Rising, But For How Long?
The streak of rising volume of tuna-like species imported into the US market has continued in the third quarter of this year, showing an overall 10 percent increase, according to latest...
Bumble Bee VP Urges Congress To Fight For Loins Exclusion
The temporary 90-day “tariff truce” between China and the US provides some relief to American tuna processors, but not for long. In a recent op-ed published on US news website The Hill,...
PNA Urges Stronger Anti-Crime Measures On High Seas
Tuna-processing nations in the Parties to the Nauru Agreement (PNA) have agreed to impose measures to thwart human and drug trafficking as part of their fisheries surveillance efforts. ...
Spain Reacts To New EU Zero Tariff Quota On Pre-cooked Loins
Set next week, the Council of the European Union will officially adopt a decision on whether or not to establish a new zero tariff quota on pre-cooked frozen tuna loins at 30,000 M/T. The...
Faux Tuna Set For UK Release
Plant based tuna alternative, Loma Linda Tuna is expected to make its debut in British supermarkets early next year. Atuna previously reported, Loma Linda as a leading brand on the...
Arrest Warrants for Alliance Execs Recalled
A Filipino court has cleared Alliance Select Officials of all inspection charges after it found the defendants’ rights had been violated. The judge presiding in local metropolitan...
Tuna Remains Most Consumed Species In The EU
Tuna is becoming even more embedded in the daily consumption of an average European, according to a recent study produced by the European Market Observatory for Fisheries and...
Millennials Killing Canned Tuna? “Fake News!”
Millennials are reportedly not a fan of opening canned tuna, and it might be affecting the overall consumption pattern in the US, according to a Wall Street Journal report. According...