The Boston Seafood Expo is all set to open its doors in the first week of May. Diversified, the organizer of the Expo, recently revealed the finalists for the Seafood Excellence Global awards...
Trade
How Is Price-Oriented Canned Tuna Compatible With Sustainable And Responsible Sourcing?
Many EU buyers demand sustainable and responsible tuna products, but a high proportion of private label canned tuna are not certified and more price-orientated compared to brands. How is this...
US Dollar Weakening But EU Tuna Importers Can Rejoice
The US dollar saw an uptick today, but on Monday, it was at its lowest point against the euro since the end of 2021. For almost the entire month of April, the greenback has seen a slide, which...
Is Privinvest Beginning Another Legal Battle Against Mozambique?
The London Court of Appeal granted permission to Abu Dhabi-based shipbuilder Privinvest and the heirs of late owner Iskandar Safa to appeal Mozambique’s victory in a lawsuit over the...
WTO Forecasts Global Trade Volume To Decline Amid Tariffs Uncertainty
The World Trade Organization has said that global trade is facing headwinds from a surge in tariffs and rising uncertainty in trade policies. WTO projected the volume of world merchandise to...
Trump Administration’s New Budget Will Jeopardize NOAA’s Work
The US Trump administration is considering even more budget cuts to the National Oceanic and Atmospheric Administration (NOAA) . Billions could be slashed from the agency’s budget, and NOAA...
What Is The Link Between Transparency & Financial Health For Tuna Companies?
The European tuna industry’s profitability is based on a complex interplay of critical drivers. Fluctuating raw material costs—tuna, steel, and edible oils—alongside import quotas for...
Dongwon & Korean Sportstar “Tuna” Team Up To Donate To Underprivileged Kids
Korean tuna company Dongwon and Park Dong-won, a player from the Seoul-based baseball team LG Twins, are coming together for a good cause. The baseball star will donate KRW 300,000 (USD...
JBT Marel Appoints New Executives For Its Fish Division
Earlier this month, US-headquartered JBT Marel announced key organizational changes in its leadership in its fish division. The company produces machinery for the tuna processing industry....
Dongwon Group Restructuring To Boost Overseas Growth
Dongwon Group is restructuring to strengthen its global food business and improve overseas sales. It wants to incorporate its affiliate Dongwon F&B as a 100 percent subsidiary and group...
Shaken Up Tuna Trade – How To Secure Private Label Sourcing?
US buyers recently started contacting South American tuna processors to explore possibilities of a competitive alternative supply of canned tuna when imports from their major suppliers...
Chicken Of The Sea’s New Flavor Alert And Other Social Media Stories
There were several stories that were circulating on social media this month. Chicken of the Sea has challenged consumers to try their recently launched "extremely hot" tuna product with many...
China’s Tit-For-Tat Tariff Against US, Thailand Gearing For Trade Deal
The global trade war between the US and China is heating up. Today, China’s Ministry of Finance announced that it is adjusting its tariff on imported goods originating from the US – up from 84...
European Commission Wants Public Opinion Over ATQ Tuna Imports
On Thursday, the European Commission announced it has published a questionnaire seeking feedback from the public on the sustainability of the EU’s autonomous tariff quotas (ATQs) for the...
Nippon Steel Invests Millions To Boost Tinplate Production In Thailand
Nippon Steel is expanding the operations of its Thai subsidiary, NS-Siam United Steel Co., Ltd. (NS-SUS), by investing THB 2 billion (USD 59.30 million) to enhance the production capacity of...
Atún Dolores’ “Low Sugar” Tuna Dips For Younger Consumers
Mexican brand Atún Dolores has launched two new flavors of tuna dip: Chipotle and Jalapeño, available in retail stores across the country. The company is selling the items as “low-sugar"...
Nauterra’s Excellent 2024 Financial Year
One of Spain’s largest tuna canning companies, Nauterra (formerly Calvo) reported that its turnover in 2024 grew by 4.4 percent compared to the year before. The group closed the 2024 financial...
US Raises China Tariff But Pauses Duties For Other Nations
On Wednesday, US President Donald Trump announced a 90-day pause on “reciprocal tariffs” for all nations except China. The Asian nation was slapped with higher duties which now amounts to a...
StarKist’s New Campaign To Attract Consumers With “Nostalgia”
StarKist has launched a new campaign by bringing back its iconic slogan ‘The First Name in Tuna.’ The brand has already introduced a series of ads with this slogan and stated that “it is a...
President Trump Wipes Out Chinese Bonito Business With 104% Tariff
The world’s two biggest economies have entered a trade war as US President Trump escalated his tariffs onslaught on China. Chinese goods entering the US are facing 104 percent duty. The...