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...
Trade
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...
Thai Union Tops Transparent Company List
Thai Union has ranked as one of the most transparent firms among 100 multinational companies, coming in at 21st place in a new report, and significantly surpassing the average score....
Rio Mare Signs Italian Vending Deal
Rio Mare and Conserve Italia have signed a commercial development agreement for the vending machine market in Italy. Two Rio Mare tuna salads, one with couscous and one with corn will be...
US Tuna Importers Subject To Non-IUU Import Permits
The National Marine Fisheries Service (NMFS) has issued revised requirements for importers and exporters of fishery products to the United States. NFMS will require annually renewable...
Century Wins Award For Sexy Tuna Marketing
The company behind Century Tuna has been named Asia’s “Marketing Company of the Year”, knocking another 15 finalists out of the contest. Century Pacific Food Inc., the Philippine’s largest...
ASEAN Market Most Promising For Vietnam
Vietnam tuna exports to the Association of Southeast Asia Nations (ASEAN) have emerged as the most promising, at a time when shipments to other major markets like the US, the EU and Japan have...
Albo Buy Ignites Share Surge For Chinese
Buying Spanish brand Albo has been a big hit with investors, as Shanghai Kaichuang’s (SK) publically listed shares soar to one of the highest peaks of the last five years. In June this year...
Tuna The Biggest Loser In UK Seafood Sales
UK sales of ambient tuna have decreased at a heavier rate than other popular canned fish products on the market, like salmon and mackerel, according to recent data from Nielsen Research...
Tax Break For Ecuador’s Tuna Exporters
The government is offering tax breaks to some groups of exporters within Ecuador, including canned tuna producers, after a substantial strengthening of the US dollar hit their competitiveness...