The price of frozen whole round skipjack being traded in Bangkok has plunged driven by a higher raw material supply. Sources said that deals are being made at around the USD 1380 level, a 10...
Trade
Americans Paid Slightly More For Ambient Tuna In July
The price of shelf-stable canned tuna and seafood increased in July, whereas frozen seafood value dropped compared to June. The US Bureau of Labor Statistics (BLS) revealed this in its latest...
FTA Boosting Vietnam’s Tuna Exports To UK
Vietnam’s tuna exports to the UK continues to grow due to the preferential tariffs to this market, according to the Asian nation’s Ministry of Industry and Trade. The cumulative export...
Jealsa Remains Spain’s Tuna Market Leader With EUR 779 Mln Turnover
Spanish tuna and seafood canning group Jealsa has reported that its 2023 financial year closed with EUR 779 million in turnover, continuing its market leader position in the country. The sales...
Tuna Market In The Middle East Witness Slow But Steady Growth
Tuna was among the largest volume of fish species imported into Middle Eastern countries in the past few years. Prepared and preserved tuna found many takers as it comprised 14 percent of the...
Ecuador Takes Big Strides On Fighting EU Yellow Card
Ecuador’s Fisheries Minister has said that a substantial amount of effort is being made to ensure that the yellow card imposed by the EU in 2019 is lifted. The country, the biggest exporter of...
Thai Union’s Branded Tuna Boosted H1 Turnover
Thai Union’s ambient segment did well in volume and value in the first half of 2024 compared to the same period last year. Despite more volumes of private label canned tuna and seafood being...
StarKist, Dongwon & Lion Capital To Pay USD 200 Mln To Tuna Buyers
StarKist, its parent company Dongwon Group, and private equity firm Lion Capital have agreed to pay a combined total of around USD 200 million in separate settlements with tuna consumers and...
Indonesian Tuna Will Soon Enter Japan Duty-Free
Indonesia has all the reasons to rejoice as it signed a new deal on August 8, under the Indonesia-Japan Economic Partnership (IJEPA), for its tuna products to enter Japan with zero tariffs....
Thai Canneries Increased Whole Round Yellowfin Buying In H1
Thai processors slightly increased their purchase of yellowfin whole rounds in the first half of 2024 with most of its suppliers. A total of 42,164 M/T of Thunnus albacares were bought from...
Robinson Crusoe Tuna Cans Get Makeover
Robinson Crusoe has revamped its canned tuna design. The brand, owned by Spanish group Jealsa, posted on social media sites the new colorful blue, green, yellow, and orange lithographed cans...
Will Thai Pet Food Business Break Record?
Thailand’s pet food business hit a five-year high in the first half of this year with a massive 80,459 tons in exports, a 78 percent increase YoY. Processors increased their shipments with all...
60 Below Zero Looking To Attract Young Consumers With New Tuna Brand
Sixty Below Zero (60BØ) is a young Murcia-based Spanish company that has been trading in seafood since 2016 and expanded to tuna in the past few years. Now it is also moving to attract young...
Thai Canneries Reduced Frozen Tuna Trade With Smaller Suppliers
Canneries in Thailand purchased 27 percent less frozen whole round tuna from vessels flagged to other nations than their major suppliers from January to June 2024. The total trade amounted to...
Dry Container Rates Are Falling, Experts Say Prices Still Not Normal
After hitting peak levels, global dry container prices for 20 ft boxes began falling this month stirring hope for the tuna industry that has been paying through its nose for ocean freight....
Middle East Tuna Catches Mainly Driven By IO Yellowfin And Longtail
Yellowfin and longtail tuna (Thunnus tonggol) were among the most captured tuna species by Middle East-flagged vessels in the Indian Ocean (IO) from 2017 to 2022. The latest report from the...
US Agencies Sued For Not Implementing Bycatch Rule On Tuna Imports
Conservation groups have decided to sue several US governmental departments including the National Marine Fisheries Service (NMFS) and their respective leaders for failing to implement the...
Thai Union’s PetCare Business Sees Exponential Growth In H1 2024
Thai Union Group's pet food sales witnessed exceptional increase in the first half of this year at THB 8.41 billion (USD 238.35 million), up 26.2 percent YoY, driven by strong private label...
Thai Producers H1 WR Imports Hit 5-Yr Peak, Maldives Loses Top Spot
Thai producers continued buying more whole round frozen tuna from global fleets in the second quarter of this year. Given this demand, H1 2024 imports hit the highest volume in the past five...
Century Pacific’s Tuna Exports Drive Up H1 Good Earnings
Century Pacific Food Inc. (CNPF) declared that its consolidated revenues for the first six months of this year amounted to PHP 37.7 billion (USD 657.9 million), posting a growth of 13 percent...