The first half of 2025 began with many uncertainties for Thai processors, with worries about the US tariffs on their canned tuna topping the list. Nevertheless, canners in the Asian nation...
Trade
Former Ricardo Fuentes Execs Plead Guilty In Illegal Bluefin Scam
Seven defendants in the illegal bluefin scheme in Spain recently reached an agreement with the Prosecutor’s Office. The list of names includes former directors José and Juan Pedro from the...
Looming US Tariffs Boosted Thailand’s Canned Tuna Business In H1
Demand for Thai canned tuna remained strong as global exports grew by four percent from January to June this year. Sales in the US increased by 11 percent, with importers buying inventory to...
Dolores Is Betting On Mexican Demand For Ready-To-Eat Foods
Mexican tuna brand Dolores is all set to introduce ready-to-eat foods in the domestic market, and is moving away from selling only tuna and seafood to other foods. It recently launched a new...
Readers: Trump Will Postpone Tariffs Deadline
The US has confirmed that the new tariffs will take effect on August 1, with no extensions or deadlines. Indonesia, Vietnam, China, and the European bloc, which sell tuna products to the US,...
Callipo Continues Ties With Italian Port To Boost Yellowfin Operations
Italian tuna processing company Callipo Group and the Port System Authority of the Southern Tyrrhenian and Ionian Seas, in Italy, recently entered into a deal last week. Callipo will develop a...
Thailand & Cambodia Agree To Ceasefire After US Threatens To Halt Trade Talks
Leaders of Thailand and Cambodia met today in Malaysia over the border clashes and agreed to an immediate ceasefire. The US seems to have forced their hands. On the weekend, US President...
EU-US Avert Trade War By Striking “Landmark Deal”
The US will impose an extra 15 percent tariff on tuna products entering the nation from the EU. US President Donald Trump and European Commission President Ursula von der Leyen met on Sunday...
India And Maldives Sign MoU To Boost Tuna Operations
India and the Maldives are coming together to improve tuna fishing and processing activities. Last Friday, both nations signed a Memorandum of Understanding (MoU) to enhance bilateral...
How Will EU Deal Change Indonesia’s Tuna Business In 2026?
The EU and Indonesia recently reached an agreement to move forward with a trade deal. This long-awaited pact comes as the US imposed tariffs on the European bloc and the Southeast Asian...
Why American Samoa StarKist Plant Is Eyeing Pet Food Production
The American Samoa StarKist cannery wants to diversify its products and is betting on the massive demand for pet food globally. CEO Edward Min confirmed StarKist’s plans to add a pet food...
UK Demand For Canned Skipjack Grew In 2024
Last year, UK importers’ demand for canned tuna rose, which boosted overall tuna buying to a five-year peak. Ecuadorian processors were the top suppliers to this country, and canneries that...
US Finalizes Levy Rate For Philippines’ Goods
US importers of Philippines tuna products and other goods will have to pay an extra 19 percent levy. US President Donald Trump announced this on Tuesday stating that he met with his...
Will The US Keep To Its Tariffs Deadline?
US reciprocal tariffs will begin on August 1, but only a handful of countries have made agreements with Washington, and officials are still hammering out the details of these deals....
Is NewPrinces Preparing For London Stock Exchange Listing?
The NewPrinces Group is aiming for a GBP 700 million (USD 947.81 million) London Stock Exchange listing by mid-October. The food and beverage organization sells a wide range of ambient tuna...
China To Get A New Tuna Processing Plant
Chinese seafood processing firm Guangdong Eagle Coin Haibao Foods Co. Ltd. has plans to expand the manufacture of its tuna products. It will join hands with one of its cooperative companies to...
Thailand Cannot Afford To Give Zero Percent Duty On All US Goods
The deadline for US to enforce its reciprocal tariffs is nearing and Thailand is still facing a 36 percent extra levy on its tuna products and other goods imported into the American market....
Manta Price Reacts As Processors Anticipate EPO Veda
Manta processors are gearing up for a low supply of fish, due to the veda in two weeks. Skipjack catches have dropped, but the fish size seiners are catching in the EPO is mostly large....
Chinese Pre-Cooked Loins Trade With EU Growing Exponentially
China has emerged as the largest seller of pre-cooked loins to the EU in the first quarter of 2025, which was a five-year peak. Spain bought the most skipjack loins from the Asian processors,...
Readers: Thailand Will Succeed In Securing Deal With US
Uncertainty looms over the fate of Thai canned tuna trade to the US, as exports from the Asian nation faces an extra 36 percent in reciprocal tariffs next month. Earlier this month, US...