Thai Union Group’s stock surged 15 percent in just one month, as stock prices opened at THB 18.10 today. Lowest point in the last month was reported at THB 15.80 apiece while volume shares...
Trade
Sustainable Ocean Fund Invests In Farmed “Alternative Tuna”
Ocean aquaculture firm The Kampachi Company has received a USD 5 million investment from the Althelia Sustainable Ocean Fund. The fund, managed by Mirova Natural Capital is dedicated to...
Whole Foods: Faux Tuna On The Rise
"Marine Munchies" and faux tuna products were both featured on the Whole Foods Market top 10 food trends of 2019. American supermarket chain Whole Foods specializes in selling organic...
50 Containers Of Raw Mat Stuck In Vietnamese Ports
Many local Vietnamese firms involved with seafood trading, mainly tuna, are seeking assistance after having had consignments withheld at ports, according to reports by Vietnam Association of...
APEC – More Job Creation From Tuna In The Pacific
During his speech at the CEO Summit at the APEC Conference, Maurice Brownjohn noted that Pacific tuna harvesting could produce more job opportunities in the region. “What we need to do now is...
Debt Holders In EMATUM Scam Could Make 270% Profit
The debt restructuring of the massive EMATUM scam in Mozambique could work out quite profitably for some debt holders according to The Jubilee Debt campaign, a British charity campaigning...
Calvo Launches Sustainable Pole & Line Eco-Salads
The Marine Stewardship Council (MSC) Certification has been granted to Grupo Calvo’s Ecolínea line, making it the first canned tuna product bearing the blue sustainability seal in the Spanish...
Solomon Islands To Gear Up For Direct EU Container Connection
In alignment with efforts to expedite logistical processes, the Solomon Islands Ports Authority (SIPA) is establishing a direct tuna shipment to Europe from the Port of Noro in the Western...
Dongwon F&B Entices Kids With Cartoon Tuna Labels
Famous Korean character “Pororo” is the new mascot of Dongwon F&B’s new tuna product. With the release of its new tuna cans featuring a cartoon penguin, the company aims to appeal to a...
Digusting Stench In New Toyosu Market
Workers and patrons of the new Toyosu fish market are concerned about the off-putting odor lingering around the wholesale tuna market area. Some traders complain about possible health hazards...
ANOVA Sells Frozen Activities To Seafood Connection
Anova Seafood and Seafood Connection, both from The Netherlands, have come to an agreement for a strategic transfer of the processing and sales of Anova’s frozen activities. This includes...
Bangkok Skipjack Price Hits Strategic Barrier
Prices for whole round frozen skipjack have been gradually softening over the last few months and have been reaching the rate of USD 1,500 CFR BKK, strategic barrier and support...
Piriou Opens Naval Support Center In Indian Ocean
A new naval maintenance workshop was inaugurated on Friday, November 8, in a ceremony that took place on the French territory of Réunion Island. The facility owned by Piriou Réunion is a naval...
Italy Pays Highest Price For Pre-cooked Yellowfin Loin Imports
Out of all major EU destinations for imported pre-cooked yellowfin loins, Italian processors pay a significantly higher price for pre-cooked tuna loins amounting up to EUR 6,235 (USD 7,130)...
Vietnam’s Industry Benefits From Tuna Popularity In Russia
Vietnam’s tuna export to Russia is steadily growing, posting a 57 percent increase in volume in the first seven months, according to International Trade Center (ITC). Russia is currently the...
Spike In Pre-Cooked Loins Moving From Vietnam To Spanish Canners
Over fears of increased canned imports entering the EU market, undermining their competitiveness, Spanish canners have been resisting a free trade agreement (FTA) between the EU and Vietnam....
USD 40 Million In Tuna Orders For Indonesian State Company
Indonesian state fishery Perusahaan Umum Perikanan Indonesia (Perum Perindo) is awaiting confirmation for its USD 101 million-worth of orders placed by buyers in Algeria, Serbia, Vietnam,...
New Brazilian Leader Could Mean Big Change For Tuna Trade
According to the latest reports on yesterday's presidential election in Brazil, with 99% of the votes being counted- it seems evident that liberal candidate from the PSL party, Jair Bolsonaro,...
Companies Accused Of Bluefin Smuggling Refute Allegations
Two Spanish companies named in the proceedings of EUROPOL’s Operation Tarantelo, Pesconil and Petaca Group, have defended their noninvolvement in the...
Kyokuyo Win Over Maersk In Appeal Court On Damaged Tuna Cargo
In the UK the Court of Appeals handled the case of the Japanese tuna company Kyokuyo Co Ltd v AP Moller - Maersk A/S (the container shipping line), concerning the enumeration of...