World crude oil prices dropped today after a massive surge on Monday, when benchmark Brent rose above USD 110. These values have not been seen since 2022, when Russia invaded Ukraine. Marine...
Trade
Readers: US Firms Will Have To Wait For Up To Five Years For Tariff Refunds
The US Supreme Court ruled in February that the reciprocal tariffs imposed by Donald Trump were “unlawful”, delivering a major rebuke to the President’s trade policy. In recent months, several...
US Canned Bonito Buying Falls To Five-Year Low
US purchase of canned bonito for retail and foodservice fell to a five-year low in 2025 after reciprocal tariffs introduced by President Donald Trump dealt a sharp blow to the product’s trade,...
American Lobby Torpedoed EU CS3D Despite Major Objections
An American well-thought-out lobbying plan has been responsible for the weakening of the Corporate Sustainability Due Diligence Directive (CS3D) adopted last year, investigative journalists of...
Tariffs Stall US Tuna Pouch Boom
Demand from US buyers for tuna pouches fell in 2025, hitting Thai processors that saw a noticeable drop in business. Additional tariffs imposed by US President Donald Trump last year has...
Frime CEO Says Acquisition To Boost Firm’s Global Ambitions
Pablo Múgica, Frime’s Chief Executive Officer, told Atuna that its take over by Captain Fresh “is not about filling a financial gap,” adding that European consumers will continue to see the...
Tuna Stocks Drop Amid South Korean Market Turbulence
The South Korean Free Trade Commission (FTC) began inspecting the prices of food products in the country. Dongwon F&B and Sajo Daerim were part of the group of companies summoned for a...
Thai Packers Pay More For Skipjack Whole Rounds
The latest news from Bangkok confirms that frozen whole round skipjack prices are much higher than initially quoted. Thai processors are paying more for raw materials due to elevated expenses...
Captain Fresh Closes Frime Acquisition To Accelerate Tuna Expansion
Indian seafood firm Captain Fresh announced the completion of its acquisition of Spanish tuna company Frime S.A.U. on March 4. The latest turn of events, as the Indian firm states, is expected...
Ecuador Intensifies War On Drugs Through Joint Operation With US
The US began joint military operations with Ecuador on March 3 against designated terrorist organizations in the South American nation, the Pentagon announced. Early reports are saying...
AI & Algorithm: How It Is Affecting Your Tuna Supply Chain From Catch To Market
Digitalization and the use of AI are not only the future for the tuna industry, it is happening now. From evolving catch registration to increasing buyer demands, the intelligent use and...
EU-India FTA Considers Sensitive Tuna Sector
It is unclear if tuna will be included in the EU-India free trade agreement (FTA), but the European Commission said that it has taken into account the sensitive sectors such as tuna....
US Canned Tuna Demand Went Through The Roof
US brands, retailers, and importers raised their purchases of canned tuna by one-sixth in 2025, the highest in five years. Thailand still accounted for the largest share of supplies, but...
Vietnam Canned Tuna Export Value Takes Backseat
Vietnam’s canned tuna export value fell in 2025, compared to the previous year. Trade with the US, historically its top market, rose, but business with the EU dropped. Vietnam pointed out that...
Major Global Highlights February 2026
The prices of skipjack raw material in major tuna processing hubs declined, except in Bangkok. The US Supreme Court ruled that Trump’s reciprocal tariffs were unlawful, to which the President...
Japanese Buyers Scale Back On Canned Tuna Purchases
Japan’s demand for canned tuna declined, driven by reduced trade with several Asian suppliers. The total imports amounted to USD 343.37 million, down nearly 11 percent year on year. Buyers...
PNG Determined To Expand Number Of Domestic Tuna Plants
The Papua New Guinea (PNG) government is leaving no stone unturned to ensure that operations in its tuna canneries are expanded, beyond exporting them for processing. Richard Maru, the...
US Govt Gained Millions From Extra Tariffs On Canned Tuna Imports
The US Trump administration suffered a political blow when the Supreme Court ruled last week that reciprocal tariffs under the International Emergency Economic Powers Act (IEEPA) were...
EU’s Huge Demand For Canned Tuna Fueled By Ecuador
Ecuador delivered nearly 2,609 more 20 ft containers of canned tuna in 2025 to EU markets compared to the year before. The EU imports hit a five-year high, driven not only by Ecuador’s trade...
What Is The Timeline For US Tariff Refund?
The Trump administration is facing mounting uncertainty after the US Supreme Court ruled last week that the President’s reciprocal tariff introduced in April 2025 was unlawful. Major seafood...