Tuna packers in Vietnam continue to push their US exports upwards, securing a stronger share in this large market, and are seeing solid price returns too. However, with growth in the US market...
Trade
Low Expectations For Brazilian Brand’s IPO
Camil, the owner of major Brazilian tuna brand Coqueiro was supposed to make its Initial Public Offering (IPO) to the stock exchange today. The stock market entrance has been delayed however,...
Thai Processors Push Back Into US Market
The latest stats show that Thai tuna canners significantly boosted their exports to US buyers, compared to earlier in the year, gaining back a stronger foothold in their largest market....
Fleet & Processors Clash Over Spanish Loins Quota
Boatowners and canners clashed at a recent industry gathering in Spain, when differing opinions were expressed over the EU tuna loin import quota, and what volume it should stand at. This has...
Brits Eating More Tuna Outside Of Home
Although UK retail tuna sales volumes have been falling in recent years, consumers in the country are still eating the fish, as there has been growing tuna consumption in foodservice channels...
Iceland Promotes Frozen Fish Consumption With New Tuna Steaks
British supermarket chain, Iceland has launched a new marketing and PR campaign promoting its frozen fish range, which includes a new tuna steak product. Branded as the ‘UK’s number one...
Heavy Demands On TU Subsidiary As DOJ Informant
Heavy demands and costs will be faced by Thai Union’s US subsidiary, Tri-Union, which operates as Chicken of the Sea, as part of its full cooperation with the Department of Justice’s (DOJ)...
Eroski Ups Tuna Purchase To Meet MSC Demand
Spanish retailer Eroski has increased its purchases of MSC certified Atlantic albacore (bonito del norte) as it expects demand for fresh fish with this sustainability claim to rise. In March,...
China Expanding South American Trade Grip?
China and Peru are currently engaging in talks to expand their existing Free Trade Agreement (FTA) to also include seafood products, meaning that tuna imports would become duty free when...
Tuna Sushi: Attracting The New Wave Of Vegans Too?
American supermarket chain, Whole Foods is looking to add vegan-friendly tuna to its sushi bars next month. The tuna alternative, Ahimi, is made from a handful of ingredients including non-GMO...
High Investor Confidence In TU Executives
Two Thai Union executives have received high recognition in a new investor poll that ranks leaders of Asian companies. Thiraphong Chansiri, Thai Union’s CEO and Joerg Ayrle, TU’s Group Chief...
Vietnam’s EU Market Boost Could Be Short-Lived
Exporters in Vietnam continue to boost the value of their shipments of tuna products to many major destinations, including the EU, having been able to competitively position their prices....
EU Industry “Hypocritical” Over Thailand Free Trade?
The European tuna processing industry can be seen as hypocritical with its position on the topic of Thailand potentially gaining duty free trade with the EU, according to one Spanish executive...
Was Thai Union Directly Involved In Price Fixing?
Although many civil cases name Thai Union itself as a price fixing defendant, the firm’s recent statement confirming its subsidiary’s whistle blowing role states that “Thai Union was not...
Top 3 Markets Offset Major Losses For Thai Canners
The three largest destination markets for Thai canned tuna, and considerable growth within them, have helped to offset heavy losses that processors in Thailand have faced in their trade with...
Pinsa Director: Europe The Target For New MSC Tuna
With MSC certification for the Mexican purse seine fishery recently official, it is still early to say what kind of boost this will bring to tuna firms in the nation. A director at major...
Italy’s Strong Demand Keeps EU Imports Up
The strong demand seen previously from Italian tuna buyers continues to pull increased volume into the Mediterranean EU market, and big companies in the country believe this is not yet the...
Sustainability & Supply Challenges In Sight For Spanish Industry
The Spanish tuna industry is looking at how to deal with potential challenges that the future could bring, such as an increased focus on sustainability leading to lower catches, with less tuna...
Princes Mauritius Expands Customer Base As UK Imports Drop
UK buyers have significantly reduced their purchases of canned tuna overall this year, however one major supplier to the country has expanded its customer base to other export markets, in...
Who Will Benefit From Ecuador & China Deal?
A possible trade agreement between Ecuador and China, where tuna is mentioned as one of the priority product lines, is hoped to create mutual benefits for both nations. However, as China’s...