A Mexican man and owner of a tuna company was targeted by the US on Tuesday, for his alleged role in assisting the infamous Sinaloa Cartel associated with drug lords Joaquin "El Chapo" Guzman...
Trade
Adventurous Shoppers Buy More Tuna
More exploratory shoppers have led to an increase in sales of more unusual fish types in the UK market, and could be the driving force behind a recent increase in sales of fresh and frozen...
The Post Brexit Surge In Tuna Prices
Tuna buyers in the UK are really starting to feel the impact of the post Brexit inflation, with some stating that the extra cost of their imports will soon have to be passed to the consumer. A...
Conxemar Expansion ’’Urgent’’
The seafood event Conxemar has been forced to leave out dozens of companies from this year’s happening due to a lack of exhibiting space. The International Frozen Seafood Exhibition in Vigo,...
Skipjack Price Breaks Away From The Flat
After staying steady since early July, the benchmark skipjack market in Bangkok has shown its first increase in weeks, albeit slight. Following around six weeks at the USD 1,400 per ton level,...
Thai Union Can’t Confirm Rumors On Nirsa
Recent press reports have sparked rumors over whether Thai Union is in talks to buy Ecuadorian canned tuna processor, Nirsa, but TU has told Atuna that it cannot comment on the matter. As a...
TU Brings Home Leadership Awards
Thai Union has been named as having the best CEO and CFO among other Thai firms in a new investor poll. The company topped the IAA Award among Thai listed firms in the 7th annual Investment...
PNG Frets Over Losing UK Tuna Trade
Officials in PNG are concerned over the possibility of losing duty free tuna trade with the UK, following the country’s Brexit vote earlier this year. In recent years, the UK has been the...
Tesco Lists New Princes “Drained” Tuna Range
The UK’s leading food retailer has started selling a new drained tuna range from Princes, which is not MSC certified or caught by pole and line. The drained product line hopes to give...
US Big 3: Lack Of Evidence To Prosecute
Two of the three defendants of the US canned tuna price fixing case have filed motions to be removed from proceedings, claiming that the prosecution has not produced enough evidence to warrant...
Thai Union Gets Exemption To Haul GBPs In
As one of few companies recently awarded a treasury-center (TC) license from the Bank of Thailand, TU has secured itself currency import exemptions at a time when some of its subsidiaries’...
Dongwon “Hand Packed” MSC Albacore Hits US Shelves
Under the brand name ‘Blue Harbor’, a range of MSC certified albacore products are hitting the shelves of US retailers, and Dongwon-owned StarKist appears to be behind the move. The brand...
TU Firms Grip On Vietnamese Canner
Continuing with its M&A trend, Thai Union is now planning to up its stake in Vietnamese canned seafood processor, Yueh Chyang Canned Food Co. (YCC). TU’s subsidiary firm, Songkla Canning...
Kyokuyo’s Profit Boosted By Skipjack Price Rise
Japanese fishing and processing firm, Kyokuyo Co. Ltd, has announced an increase in operating profit, thanks to a recovery in the price of skipjack, which its overseas purse seine operations...
Fresh Tuna Gaining Pace In UK Market
While shelf-stable tuna sales in the UK market have been suffering somewhat, fresh and frozen offerings of the fish are gaining popularity among consumers, with year on year increases recorded...
Vietnamese Exports Stable Thanks To China
Due to a big rise in the value of Vietnamese tuna exports to China, total trade worth has remained steady for Vietnam, even though the country has seen a tumble in deliveries to the US and EU...
Branded Tuna Drives Century Sales Up
Century Tuna sales have given a big push to Century Pacific Food’s (CNPF) second quarter earnings, marking a hugely profitable period due to local demand and a rise in branded product sales....
Ghana Secures Individual EU Free Trade Deal
Just like the Ivory Coast, Ghana has now moved to secure a bilateral Economic Partnership Agreement (EPA) with the EU, and will see the continuation of its zero duty trade benefit on a large...
Ivory Coast Goes Own Way In EU Free Trade Deal
After already warning that it would ink a separate bilateral trade agreement with the EU if a regional African deal was not reached, the Ivory Coast has gone it alone, and secured an...
Higher Skipjack Prices Pushed TU To Record Sales
Increased market prices for whole round skipjack tuna is just one of the key factors that TU has credited to its record high sales value for the second quarter of 2016. Consolidated sales for...