The volume of canned tuna has remained stable for a long time but plummeted lately due to factors such as inflation in several global markets including the EU and the US. But the value of this...
Trade
IPNLF Adds New Members To Promote Responsible Tuna Sourcing
The International Pole and Line Foundation (IPNLF) has announced strategic partnerships with three new members, Archipelagics Inc., Ainan Coop, and Samaki Bluu, who have committed to...
High Costs Depress Good Q1 Results, Maruha Nichiro Takes Action
Maruha Nichiro, the Japanese seafood giant, increased sales in the first quarter of this year ending June 30, but aims to cut costs to face challenges and keep a healthy business environment....
Thai Pet Food Trade Reaches Historic High
The Thai pet food business has grown exponentially and hit peak level in the first half of 2024. This is good news for tuna processors in the Asian country who are heavily involved in the...
Bangkok Tuna Prices Centre Of Discussion For Tri Marine Executive At TUNA 2024
Matt Owens, Sustainability Director at Tri Marine gave a detailed insight into the status of global tuna stocks, the impacts of climate change, and how skipjack and albacore pricing has...
Middle East Growing Market For Thai Canners in H1
The canned tuna trade took off well in the first half of this year for Thai processors. The exports to the most important markets increased, but also to smaller customers, which went up 15...
Dongwon Bets On New Strategy To Expand Foothold On Global Market
Korean tuna giant Dongwon is focusing on acquiring global food companies and reviewing a joint brand establishment through its US subsidiary StarKist. Dongwon, through mergers and acquisitions...
Wild Planet Teams Up With US Brands For Limited Edition Tuna Product
The Wild Tuna Snack Pack features Wild Planet pole-and-line caught skipjack with Dill Pickle, combined with Simple Mills Fine Ground Sea Salt Almond Flour Crackers, and Chosen Foods Classic...
Brits Love A Tuna Lunch
Tuna was a popular seafood with millennials and Gen Xers when dining out in 2023 while canned tuna was mostly consumed by families, concluded Seafish. Brits are fond of eating tuna for lunch,...
Bangkok Skipjack Price Softens, Freight Still A Concern
Skipjack raw material trade is keeping level at Bangkok processing hub with only a slight softening in price despite continued high supply. Sources mentioned that deals have been contracted...
PNG Impending Joint Venture With RD Fishing For PMIZ Project Take-Off
Papua New Guinea (PNG) is pushing forward the Pacific Marine Industrial Zone (PMIZ) in Madang Province and it will be done in two phases. After months of negotiations, the island state has...
Thai Canned Trade Saw Sharp Rise In H1, Egyptian Demand Picked Up
Thai canned tuna producers expanded their trade in H1 2024 with nearly all major global markets, a sharp contrast to the same period in 2023 when business was bad. Canners already had a good...
Major Global Highlights July 2024
July was filled with news over changes in the global tuna industry. A Spanish federal court brought charges against 12 companies and individuals for illegal bluefin smuggling which included...
Japanese Trader Sojitz Expanding In US Tuna Sushi Business
Japanese Sojitz Corporation has purchased the US supermarket takeout sushi business Sushi Avenue Inc. to expand its tuna and seafood operations and to get a foothold in the US. The amount for...
Van Camp’s Lithographed “Colombia Made” Cans Are Head Turners
Iconic Colombian tuna brand Van Camp’s is marketing its products uniquely and creatively wherein two hands are lithographed in bright green on the lids of cans with the term "Hecho por Manos...
StarKist Closes Case With Food Service Tuna Buyers With Massive USD 3.6 Mil Deal
US canned tuna market leader StarKist and its parent company Dongwon Industries have reached a settlement with indirect purchasers of foodservice-size packaged tuna products in a...
Merger Of Newlat Food And Princes Group Is Completed
Princes Limited announced on Tuesday that its acquisition by Italian company Newlat Food S.p.A is complete. The UK food and beverage organization which has a wide range of ambient tuna...
US Seafood Brand Adds Smoked Yellowfin To Its Product Line
North American seafood company Ocean Beauty Seafoods, which mainly sells salmon and sablefish under the ‘Echo Falls’ brand, has introduced a new item: oakwood smoked yellowfin. The fish is...
Obstacles Could Block Successful Implementation Of FDA Lot Codes
The FDA’s Food Traceability Final Rule, scheduled to go into effect on January 20, 2026, has been facing headwinds. This yet-to-be-introduced rule, a part of the US Food Safety Modernization...
EU Pre-Cooked Loins Trade Saw Slight Uptick In Q1
The export of pre-cooked loins among EU nations witnessed a meager hike in the first quarter of this year. Spain continued to be the largest exporter of loins, while Portugal bought the most...