French tuna and seafood fishing Sapmer Group announced its half-year 2024 results stating its turnover was EUR 50.7 million, a 36 percent reduction from last year, driven by the cessation of...
Trade
Major Global Highlights October 2024
October was filled with news in the global tuna sector. Prices in major processing hubs did not witness remarkable changes. NGOs Bloom and Foodwatch joined hands to say many well-known canned...
Vietnam Increased Tuna Sales In Major Markets
Vietnam’s tuna export revenue reached USD 728 million in the first nine months of 2024, an 18 percent jump year on year. Sales increased in all three major markets for Vietnamese processors –...
Italy Reduced Canned Tuna Imports From Prominent Processors In H1
Italian brands, retailers, and traders reduced their buying of canned tuna in the first half of 2024. Business with most sellers outside and within the EU fell during this period. Ecuador, the...
Spain Increased Trade With Non-EU Tuna Processors In H1
Spanish retailers and traders imported 13 percent more canned tuna from processors outside the bloc and less from EU canners in the first half of 2024. Ecuador continued to be the largest...
Chicken Of The Sea’s New Tuna Salad Kit Enters US Market
Chicken of the Sea has introduced a new line of on-the-go seafood options which also includes tuna. The new Packet Up! White Tuna Salad Kit is available at all major US retailers. The 4.1 oz...
GDST Executive Director Greg Brown Steps Down
The Global Dialogue on Seafood Traceability (GDST) announced last week that Greg Brown, who held the role of Executive Director, has left the organization. GDST has appointed Huw Thomas as...
Three New Bumble Bee Tuna Products Make Their Way Into US Market
Bumble Bee has launched three new tuna products as part of the US National Seafood Month, including pouches and cans. The top US brand also introduced other salmon, sardines, and shrimp items....
Nauterra Is Main Employer In Itajaí City
Spanish tuna company Nauterra (formerly Grupo Calvo) is the largest employer in the Brazilian city of Itajaí. Nauterra which produces Gomes da Costa, one of the major national tuna brands,...
Egyptian Tuna Brand Celebrates Three Decades Of Prominence
Popular Egyptian canned tuna brand Sunshine has kick-started an out-of-home (OOH) campaign, advertising outdoors to reach consumers, to commemorate 30 years in business. “The ads showcase a...
French Buyers Massively Reduced Canned Tuna Intake In H1
French brands and retailers imported 21 percent less canned tuna from outside the bloc in the first half of this year compared to the same period in 2023. Most nations exported fewer canned...
Trade Value Of SKJ1.8:BKK Sees Slight Increase
The price of skipjack raw material has increased in the past few weeks with supply continuing to remain low and fair demand by Thai canners. Sources have confirmed that deals are being...
Sial Paris Is In Full Swing
The biannual International Food Trade, SIAL, opened its doors in Paris on Saturday, October 19, also celebrating its 60th anniversary. The event hosts 7,358 exhibitors presenting their food...
Ecuador’s Tuna Exports Surpassed USD 1 Bln In Sales Already In August
Ecuadorian processors have already matched their entire 2023 processed tuna sales in August this year due to the excellent skipjack catches and increased sales to Europe within the origin...
Vietnamese Tuna Traders Apprehensive About Exports To Israel
The ongoing Israel-Iran conflict may impact the tuna exports of Vietnam to Israel. Vietnamese producers are a bundle of nerves because they are unsure if their shipments to Israel, a major...
Ecuadorian Canners Massively Expanded Business In EU In H1 2024
EU brands, retailers, and traders imported a massive volume of canned tuna from Ecuadorian processors in the first half of 2024. This was a huge 36 percent increase compared to last year. They...
Transshipment Study Shows Network Between Longliners & Carriers From Same Country
A recent study from the Marshall Islands Marine Resources Authority (MIMRA) gives an in-depth look into high-seas transshipment activities in the WCPO. Researchers found that there was a...
EU CATCH System Will Make Tuna Trade Easier For Importers
The European Commission is determined to prevent IUU-caught fish from entering the bloc. It is all set to introduce the CATCH system which will help to streamline the catch certification...
Sunflower & Soy Oil Prices Are Rising
Processors are facing higher costs for producing canned tuna with sunflower and soy oils as the price has increased sharply. This is worrying information given that olive oil also remains very...
John West Reports Higher Turnover In 2023 But Profit Plummeted
UK-based canned tuna and seafood company John West Foods reported a 4.9 percent increase in revenue for 2023 compared to the year before. However, its gross profit suffered and was nearly...