Despite opening its doors just a year ago after a multi million dollar investment, Tri Marine is struggling to keep its American Samoan cannery in operation as troubles with supply have now...
Trade
Feds Step In To Delay Price Fixing Movement
The US federal government has stepped in to delay the forward movement of litigation against the country’s Big 3 canned tuna brands, and their main supplier, Tri Marine International. All have...
Will The New Tsukiji Have The Same Massive Attraction?
Scheduled to open in November this year, Tokyo’s world famous Tsukiji market move has not been without controversy. The existing home to the market, now over 80 years old, is in a state of...
Highest Traded Value Fish: How Does Tuna Score?
Official FAO data has revealed that for the first time in decades, shrimp has been knocked off its top spot of being the world’s most traded seafood product, with salmon now leading the way in...
US Market Loses Its Taste For Thai Canned Tuna
Thai canners are fighting to keep up their export volumes to the US market, but it appears that buyers in the nation have been losing taste for the product, as imports into the massive market...
Princes Increasingly Targeting French Market
After expanding its brand into the French market just two years ago, Princes has now opened a new office in Paris following reports of strong growth in the country across its canned tuna range...
UK Supermarkets’ Desperate Fight Against Aldi & Lidl
There’s no stopping the rise of the German discounters, it seems, as Aldi and Lidl have been named top in a list of the UK’s favorite brands of 2015. Recently the two international chains have...
UK Supermarkets Lower Prices To Compete With Aldi + Lidl
Aldi UK 2015 Morrisons 2015
Wegmans Follows Kroger Into Collusion Claims
Adding yet another high profile name to the price fixing case against the US Big Three, major US grocery store Wegmans has joined Kroger and a number of others in filing an anti-trust lawsuit...
$25 Million Bank Loan For Tri Marine’s ‘The Tuna Store’
Tri Marine’s US distribution subsidiary, The Tuna Store, is to be injected with a USD 25 million credit line aimed at supporting the company’s rapidly growing business. But Tri Marine won’t be...
Why Thai Buyers Paid More For Taiwan’s Tuna
The top two tuna delivering fleets to Bangkok traders have been pocketing very different prices for their catch, with Taiwan shipments fetching an average of more than USD 250 per ton more...
Thai Union Stock Jumps Up
With the most bullish movement in months, Thai Union’s stock value has significantly gained strength, as per-share price shoots up seven percent in just one day. After a tough couple of months...
Kroger Doesn’t Trust US Big Three Anymore
America’s second largest retail chain, Kroger, with nearly 4,000 stores across the US, has become the latest firm to cast doubt over the integrity of the US Big Three tuna brands, revealing...
Philippines To Secure Zero Duty With No End?
As the EU and the Philippines launch negotiations for a bilateral free trade agreement (FTA), many might be left wondering what difference such a deal would bring to the current GSP+ trade...
First BKK Skipjack Price Rise In Months
For the first time since August, the price for whole round skipjack in Bangkok (SKJ1.8:BKK) has taken a slight upward trend, with changing mood bringing several buyers back to the market....
Vietnam Expecting Multi-Million Dollar Tuna Export Rise
Vietnamese tuna firms are anticipating a significant eight percent rise in exports this year, raising the estimated total shipment value to up to USD 507 million, according to the country’s...
South America: Can It Maintain Its Competitive Position?
With a population of more than 386 million people and counting, the 12 countries which make up South America were identified in 2015 as ones to watch in the tuna sector, as the area’s markets...
StarKist Pushing To Outstrip Top Competition
Already ruling over 35 percent of the US canned tuna market, StarKist appears ambitious to extend its lead within the top American tuna brands, and is investing heavily in a high profile...
Investors In StarKist Owner Experience Huge Value Loss
Since mid-July, Dongwon Industries’ investors have been hit with a staggering value loss on their holdings in the South Korean tuna fishing firm, with stock price down by nearly one third....
US Tuna Consumers Cheated By Trader Joe’s?
US consumers feel “cheated” on not getting enough tuna in their cans and have hit grocery chain, Trader Joe’s with a class action lawsuit on underfilling. Filed yesterday in Manhattan federal...