Atuna Stock Index has added NewPrinces S.p.A, the third weighing tuna company, on whose market capitalization the index is based. UK-based Princes Group was acquired by Italian Newlat Food...
Trade
Bangkok Skipjack Trade Remains Sluggish, Driving Up Prices
The supply of raw materials to Thai processors is hardly increasing after the FAD ban period ended. The market mood in Bangkok is slow and not active, which has driven up the skipjack price....
Tuna’s Inevitable Role In Fueling Multi-Billion MSC-Certified Sales
The Marine Stewardship Council (MSC) released its annual report this week, stating that the past year (2024/2025) saw an eight percent increase YoY in the sales of tuna and other seafood with...
Dongwon Extends USD 89 Mln Debt Guarantee For StarKist
Dongwon Industries has extended the debt guarantee for its US subsidiary StarKist with a loan at Sumitomo Mitsui Banking Corporation in Seoul, as reported on September 26. The debt guarantee...
Major Global Highlights September 2025
Price for whole rounds in the Manta processing hub were climbing up due to the ongoing IATTC veda. Eight French cities banned canned tuna in their school canteens due to mercury claims made by...
Mitsubishi Fails To Acquire Sufficient Shares To Enlarge Stake in Thai Union
Mitsubishi Corporation’s intention to increase its stake in Thai Union Group to 20 percent has failed. The Thai seafood conglomerate reported this to the Stock Exchange of Thailand yesterday....
Smaller Suppliers’ Whole Round Tuna Trade With EU Processors Dwindles
EU processors reduced the purchase of frozen whole round tuna from smaller suppliers in the first half of this year. Those from non-EU flagged vessels went down, whereas redistribution via EU...
EU Processors Buy a Lot More Whole Rounds from Own Fleet
EU processors’ buying of frozen whole round tuna witnessed a slight increase from January to June this year, with a significant influx of the product entering the bloc in the second quarter....
Ecuador’s Challenge To Consolidate Leadership In Global Tuna Industry
- VIEWPOINT – The Ecuadorian tuna industry is resilient and, after decades of effort, has become a global behemoth. I believe it must now act with strategic vision to maintain its place on the...
Skipjack Shortage Propels Manta Price Further
Canneries in Ecuador are paying increasingly higher prices for frozen whole round skipjack. They are also continuing to see a massive supply of yellowfin. Raw material value rose this week....
Tuna Fishing Nations Strengthen Bilateral Relations
Amid high-level talks at the UN General Assembly in New York, tuna fishing and producing nations such as Papua New Guinea (PNG) and Vietnam arranged trade discussions with other member states...
Xunta Gives Environmental Green Light To Jealsa’s Pet Food Factory
The regional government of Galicia (Xunta de Galicia) recently published in its official gazette that there are no environmental concerns for the Spanish tuna company Jealsa’s refurbished...
Spanish Tuna Consumers Becoming More Price Sensitive
Price is a major factor for Spanish consumers and the proportion between private label and branded goods is level in this market, said Miguel Barreriro, Global Product Leader (Advanced...
Will New EU – Indo Free Trade Partnership Boost Indonesian Exports?
The EU and Indonesia signed the Comprehensive Economic Partnership Agreement (CEPA) yesterday in Bali, which will allow Indonesian tuna and many other products to enter the bloc duty-free. EU...
EU Tuna Sector Faces “Aggressive Competition” With Thailand Says Europêche
The European Commission (EC) will begin the second round of negotiations with Thailand on September 29 on the first draft of the free trade agreement (FTA) between the EU and the Asian nation....
EU Processors Rely Heavily On Asian Frozen Pre-Cooked Loins
European canners bought more than 54 percent of the total imports of frozen pre-cooked tuna loins from Asian sellers in the first half of this year. Spanish processors increased their...
Dongwon’s New Tuna Bibimbap Is Out In South Korea
Dongwon F&B has expanded its Bibimbap items, a popular South Korean dish, under its brand. Earlier this month, the company launched four new flavors of ‘Yangban Bibim Bap Frozen Fried...
Maldives Tuna Export Value Rises By 18 Percent
Tuna exports generated more revenue for the Maldivian economy in July compared to the previous month. The Maldives Customs Service reported that exports of tuna and tuna byproducts reached MVR...
Europe’s Rising Demand For Frozen Loins
Frozen raw tuna loins entering the EU market have been rising over the years. In H1 2025, the imported volume reached the highest level since 2022, boosted by shipments from Ecuador, Spain,...
Exceptional WCPO Longline Captures Failed To Reflect In Catch Value
The value of WCPO longline catches, comprising yellowfin, bigeye, and albacore, fell by a steep 20 percent in 2024 despite the exceptionally good catches made in this fishery that year. The...