Dongwon Industries is projected to be the company with the biggest financial gain in South Korea, if the US cuts the federal corporate tax rate, as planned by President Trump. With major US...
Trade
The Main Challenge For Family-Run Firms
Family-run companies are not uncommon in the tuna business, and many of these ventures have shown significant success. But there is one major challenge these firms should be prepared for,...
Surging Popularity Of Raw Tuna Dish In US
Although the traditional Hawaiian tuna poke has been around for a long time, it is only recently that the fresh and versatile dish has become mainstream all over the US, having shown rapid...
Growing Ecuadorian Dominance In US Pouch Segment
While sending extremely modest canned tuna tonnages to US buyers, Ecuadorian processors have managed to increase their already dominant exports of pouched tuna references to the major market....
The Once Growing Major Market Now Rapidly Shrinking
While several processors have branded the Middle East as a notably growing tuna market, this year canned tuna imports into the region have dropped dramatically, impacting heavily on major...
No US Export Drop For Thai Canners
Despite reports of “dead” US market demand, Thai canners have continued to show very slight increases in business with this major export destination. The US is the biggest buyer of canned tuna...
Mexico Appeals On Legal Reasoning Behind Latest WTO Decision
The Mexican government has filed an appeal with the WTO against its latest ruling in the long-running ‘dolphin-safe’ tuna labelling dispute with the US. After five consecutive wins for Mexico,...
BB’s Lischewski Tries To Stay Out Of Price Fixing Arena
Lawyers representing Bumble Bee Foods CEO Chris Lischewski have filed a motion seeking to avoid him being added as a defendant in the civil litigation surrounding the US canned tuna price...
BKK SKJ Price Slips Slightly As More Carriers Arrive
After a sharper slump in late November, the Bangkok skipjack price has weakened slightly more, as an increased number of carriers arrive and unload in the Thai capital. Catches have been...
Will Vietnam’s Export Boost Be Short-Lived?
Vietnamese processors have seen a significant boost in the value of their tuna exports in the first eight months of this year, continuing a trend that has been linked to high tuna prices as...
No Stopping MSC In Major EU Tuna Market
Consumers in the Netherlands are spending significantly more on fish carrying the MSC label, as sales of such sustainably certified products have recently soared, a new study finds. A...
Princes Wins Appeal On “Misleading” MSC Product Claims
Major European tuna firm, Princes, has won its appeal against a decision from the Dutch Advertising Code Foundation (Stichting Reclame Code), which had previously determined that certain...
TU Eyes Impressive Performance In China, But Not In Tuna
Still betting on its USD 8 billion turnover by 2020, Thai Union is expecting impressive performance in the Chinese market next year, but products other than tuna will be bringing in the bigger...
Firm Bets On Canned Tuna Sales To Outperform Other Fish
Global canned tuna sales are projected to outperform the value growth of the ambient seafood category as a whole in the coming years, according to new market research. Convenience aspects are...
Insurer Argues Anova US’ Smoked Tuna Appeal
An insurer is urging appeal courts to uphold its previous win, stating that a lower court was right to find it had no duty to defend US tuna firm, Anova Food Inc. This is in reference to two...
Walmart’s Online Orders Surge, Attracts New Suppliers
The world’s biggest retailer, Walmart, has seen shares surge to an all-time high and the company has reported strong growth online with e-commerce sales up by 50 percent. As more of its...
Cheaper Canned Tuna Substitutes Fresh Fish In Malta
Buyers in Malta, a country that already has a strong taste for ambient seafood, have significantly upped their imports of canned tuna in the eight first months of this year. The main reasons...
1st Blockchain Transaction In Frozen Tuna Claimed By Spanish Bank
Spanish bank BBVA claims it has completed the first blockchain-based import-export transaction between Europe and Latin America, cutting down over a week long trading time on a frozen tuna...
Ecuador’s Cost Leadership Conquers Bigger EU Share
Ecuador’s price positioning, along with duty free trade, has seen canners in the country outcompete other major suppliers to gain an even stronger foothold in the EU market. As several...
Confident Spanish Canners Keep Expanding In EU
Spanish tuna canners have reason to be confident in their EU market competitiveness, having boosted their exports substantially in the first eight months of this year. From January to August,...