Concern was raised throughout 2015 as Ecuadorian packers felt their dominant EU market share start slipping through their fingers, with deliveries from the nation falling at a time when they...
Trade
No Stopping Bangkok Skipjack Price Rise
Various mounting factors are having a resounding impact on the Bangkok whole round skipjack market, with small deals now being finalized at yet another price rise. Deals have now been...
Thai Union Eyes Up More Takeovers In Europe
Planning to squeeze in at least two overseas acquisitions before the close of the year, Thai Union says it has “firepower” for more takeovers in Europe, and believes that by snapping up stakes...
Top Tuna Players At The Boston Seafood Expo
Day two of the North America Seafood Expo kicked off this morning in Boston featuring more than 1,000 seafood exhibiting companies from over 40 different countries around the globe, set to...
Mindanao Tuna Sector Seeking Fiscal Support For Exports
Amidst ongoing slumping exports, fishing firms of South Central Mindanao in the Philippines, may soon be forced to lay off workers unless much needed fiscal support to boost product quality...
UK Tuna Companies Silent On Brexit
For the first time in a generation, there is a serious prospect of a member state leaving the European Union, and trade concerns over the exit are snowballing. If Brexit does become a reality,...
Thai Union Europe Frets Over Stalled African EPA
Left in limbo, the non-signing of an Economic Partnership Agreement (EPA) between the EU and several West African states has got Thai Union Europe, formerly known as MW Brands, concerned over...
More Mergers To Double TU’s Annual Sales
Thai Union has announced a revised five year growth plan revealing the company’s ambitious strategies to more than double its annual sales by 2020, showing a particular focus on organic growth...
Ecuador Loses Out In German Market Supply Shift
A strong US dollar was one of the key drivers in Ecuador’s tuna export troubles in the European Union last year, and despite having long been Germany’s top supplier for canned product, other...
Chicken Of The Sea Appoints Triad Of Industry Veterans
Chicken of the Sea has announced the arrival of three industry veterans to the firm, a Thai Union subsidiary, which it states is part of its continued efforts to encourage company growth. The...
Slowing Supply Pushes Skipjack Price Up Further
To secure sufficient raw material for end of March arrivals, Bangkok packers are now paying increased prices to boatowners, on the back of slowing supply, which has driven another jump in the...
The EU’s Cheapest Canned Tuna Just Got Cheaper
Commonly sold with a premium price tag attached, pole and line caught tuna products in the UK are bucking this trend, with some private label cans actually decreasing in price while...
NOAA Creates Loophole For Euthynnus Imports
Despite stating that it is aware of reports of rocketing imports of tuna-like species into the US market, NOAA appears to be allowing purchases of the likes of frigate and bonito-type tunas to...
US’ Largest Tuna Retailer Hit By Online Sales
Selling almost a third of tuna in the United States, and with more than 11,500 stores worldwide, Walmart has reported its worst sales performance in 35 years, underlining stiff challenges...
The Price Of Thai Union’s EU Market Expansion
Termed as its ticket to increased penetration of products in the German tuna market, Thai Union has finally disclosed the cost of its 51 percent stake recently snapped up in Rügen Fisch, a...
High Trading Activity From Gulf Drives Up BKK Price
High trading activity on canned tuna in the Middle East at the ongoing Dubai Gulfood trade fair, and the consequent demand for raw material, has bolstered the Bangkok skipjack market somewhat,...
Tax Watch Identifies Frauds With Tuna Duties
The Philippine Department of Finance (DoF) in its latest Tax Watch, has noted that there were discrepancies in the declared value of frozen tuna imports in January. The shipments related...
Attendees Give Top Ratings To First Americas Tuna Conference
It’s been almost a month since Atuna held the world’s first Americas Tuna Conference which was hosted in Panama City, Panama. The two day conference centered on the theme: ‘The Brave New World...
Thai Union Moves Towards Online Sales
Thai Union has revealed that it will launch its new online shop this March, a move that has been approved by the company’s board of directors. Thai Union Online Shop Co., Ltd. will provide a...
Two Large Foodservice Tuna Buyers Merge
Major US foodservice canned tuna buyer, Sysco, is planning to snap up UK based foodservice firm Brakes Group from Bain Capital Private Equity in a massive USD 3.1 billion deal that will give...