Recent data gathered by atuna.com has shown a small year on year rise in the first five months of 2015 in canned tuna imports into the US market. Last year, a total of around 117,851 M/T of...
Trade
Analysts Slash TUF’s 2016 Earnings Estimate
Analysts have taken a hefty chunk out of 2016 earnings predictions for Thai Union, taking Bumble Bee out of the equation. However, even without a BB buy, they state that the company’s outlook...
Low Growth Triggers Fall In Container Freight Prices
Lower growth in China and a slow-moving Eurozone economy is impacting container volumes, driving a dramatic drop in container freight prices on the world’s busiest shipping route. Strong...
TUF May Cut Stake In Chicken Of The Sea
Thai Union has indicated that it may cut its holding in US top tuna brand Chicken of the Sea (COS) in order to help facilitate its planned purchase of Bumble Bee Seafoods (BB). Going ahead...
GenSan Tuna Display Awarded Guinness World Record
Guinness World Records has officially recognized a huge display of more than 25,000 kilograms of fresh yellowfin tuna as the largest simultaneous display of fish in the world. The official...
Spanish Canners Want Equal EU And US Import Tariffs
Aspiring to level the playing field across the Atlantic Ocean, Spanish tuna processors are calling for equal EU and US tariffs on canned fish and shellfish. The sector argues that the 35...
Sustainable Tuna Reaping High Prices In USA
Sustainability has been taken to the US canned tuna market, just not at the most noticeable rate. For decades the less than one dollar 5oz can has dominated US shelves, but now a handful of...
Are UK Retailers Trapped In A “Pole And Line Cage”?
Following pressure predominantly from Greenpeace, many top UK supermarkets, including Sainsbury’s and Tesco, have committed themselves to sourcing 100 percent pole and line tuna for their...
Indonesian Tuna Benefits From New GSP With USA
The US has provided a new zero percent tariff for 34 fisheries products from Indonesia which has come into effect as of last month. Signed by US President Barack Obama in June, the tariff...
Airline Refuses Bluefin As Part Of Trophy Policy
At a time when trophy hunting is in the global news, Virgin Atlantic Cargo has revealed that its ethical cargo policy bans the transportation of bluefin tuna as a hunting trophy, and continues...
GSP + Advantages Make Century Profits Surge
Canned food specialist Century Pacific has recorded a 30 percent surge in profits in the first half of the year, which has been the result of strong volume growth in both its branded and...
Fiji Tuna Conference To Discuss Tuna Price Trend
With just over a month to go until the 5th Regional Tuna Industry and Trade Conference, this year taking place in Fiji, the National Fisheries Authority is confident that preparations for the...
PNG To Implement New Legislation To Lose Yellow Card
The EU has given PNG five key areas to address in order to continue working to shake off their yellow card sanction. The areas for improvement include legislation, tuna management plans,...
Zero Duty For Vietnam With Lots of Restrictions
Vietnamese tuna exporters will be waiting longer than most to fully benefit from the just concluded FTA with the EU, as canned tuna and pre-cooked loins lie on the list of “sensitive” goods....
Skipjack Helps Stop Kyokuyo’s Income Decline
This week, Japanese fishing and processing company Kyokuyo Co. Ltd, has announced that its consolidated operating income in the three months leading to June had declined 14 percent from the...
Vietnam EU FTA, Tuna Gets Zero Duty
After two and half years of intense talks, it looks as though the competitiveness of Vietnamese tuna exporters in the EU market could be significantly boosted next year, as the two parties...
Bangkok SKJ Price Breaks $1,400 Barrier
Despite talk of a rise to USD 1,500 CFR, the Bangkok skipjack price (SKJ1.8:BKK) currently is traded still lower, at a level of USD 1,450 per ton, with several deals confirmed. Only one small...
No Abolition Of Tuna Duties Yet
It was set to be the largest regional free trade agreement ever signed, but talks between trade ministers of the twelve Pacific negotiating countries in the TPP collapsed this weekend. For...
Relocating The World’s Biggest Fish Market
In November 2016, Tokyo’s world famous Tsukiji fish market is set to move to a new address; a space reported to be 40 percent larger than the current market premises. Tsukiji fish market...
Does Tier 3 Really Threaten Thai/US Trade?
As the US State Department updated the country’s Trafficking in Persons (TIP) report this week, Thailand remains at the bottom of the pile, listed in Tier 3 for a second consecutive year....