A UK-based cat food company Huraya has launched three new flavors of halal products – tuna, ocean fish, and chicken. The tuna comes in 950 g pouches. The owner of the brand, Aihtsham Rashid...
Trade
Red Lobster Considering Bankruptcy Filing, Will TU Recuperate Investment?
After years of financial issues, US restaurant chain Red Lobster is considering filing for bankruptcy. The company is looking to restructure its debt and wants to shed its long-term contracts....
Seafood Expo Speakers To Touch On Topical Matters In Tuna Sector
The organizer of the Seafood Expo Global revealed that the main topics highlighted at this year’s conference are labor rights, traceability, climate change, and artificial intelligence. The...
Pacific Leader Chairs BKK TUNA 2024
Organizer Infofish has announced the Chair and co-Chair for its upcoming 18th World Tuna Trade Conference & Exhibition in Bangkok, also called TUNA 2024. Rhea Moss-Christian, Executive...
Mexico-Ecuador Diplomatic Row To Threaten Tuna Trade?
Mexico has suspended commercial relations with Ecuador after the national police raided the Mexican embassy in Quito on April 5 to arrest former Vice President Jorge Glass, who sought refuge...
Dongwon Expands In Growing Tuna Sauce Market
Dongwon F&B wants to get a bigger piece of the ‘tuna sauce’ pie. It has set up its own production facility and expanded the product lineup with a new flavor. The two existing items were...
Ecuadorian Global Tuna Exports Fell In 2023, Heavy Hit In Spain & US
The value of Ecuador's tuna exports hit around USD 1.46 billion in 2023 but shipments to most major destinations, especially Spain and the US saw a massive decline. According to Atuna Analyst,...
Bomb Inside Tuna Can Look Alike Claims Victim’s Life & Other Social Media Stories
News recently broke out that a child in Gaza was killed while trying to open what looked like a can of tuna. Israeli soldiers withdrawing from Gaza reportedly left explosives, disguised as...
Walmart Signs TNC’s New Tuna Transparency Pledge
The Nature Conservancy (TNC) launched the Tuna Transparency Pledge on April 10, a global initiative for the tuna supply chain to have 100 percent monitoring (electronic and/or human) onboard...
StarKist & Lion Capital To Settle USD 3.9 Mil With Tuna Buyers
Nearly a decade after groups of tuna buyers sued StarKist and Bumble Bee for price-fixing shelf-stable tuna, they have managed to reach a deal with the US tuna companies. In their Friday...
Simon Harrison New CEO To Steer Princes Group
UK food and beverage giant Princes Group appointed Simon Harrison as its new CEO today. The organization wants to accelerate progress under his direction. Before his promotion, he served as...
Century Pacific Domestic Sales Boosted 2023 Revenue, Net Income Rose 12%
Earlier this year, investor pundits predicted that Century Pacific Food (CNPF) would soon announce excellent financial results for 2023. Their expectations have proved to be true. On Monday,...
EU Must Protect Its Fishing Sector From Third World Countries
A recently published study recommended the EU to regain its competitiveness and protect itself against unfair competition from third-world countries. The EU fisheries and aquaculture sectors...
Readers Are Optimistic EU Canned Tuna Trade Will Improve In 2024
EU canned tuna imports fell drastically in 2023, the lowest quantity in five years. This can be attributed to several reasons, such as peak raw material values, costs along the supply chain,...
Spanish Consumer Group Reports Vegan Product “Mislabeled” As Tuna
A Spanish consumer organization has denounced a tuna company for marketing its vegan products as frozen bluefin. The Organization of Consumers and Users (OCU) recently reported this item,...
Seafood Expo Global Barcelona Will Be Largest Edition Ever
The thirtieth edition of Seafood Expo Global will welcome more than 2,050 exhibitors from 84 countries in Barcelona and has expanded its space by four percent to 51,227 square meters. The...
Frinsa Launches Vegan Products Sans Tuna Alternative Claims
Spanish tuna cannery Frinsa is the latest to enter the vegan market. It recently launched 12 new products under the FIISK brand made from pea protein. Interestingly, Frinsa has not marketed...
Former Ecuadorian Senior Official Stands Trial For Illegal Deals With Albacora
Carlos Pólit, former Ecuadorian Comptroller General of State is accused of taking bribes from Spanish tuna company Albacora to “help with its pending tax matters with Ecuadorian authorities.”...
JBT Marel Corporation Inches Closer To Reality As Both Boards Approve Acquisition
US-based John Bean Technologies (JBT) announced on April 5 that it has executed a definitive transaction agreement to takeover Icelandic company Marel in a USD 3.6 billion (USD 3.9...
Spanish Canned Tuna Exports Remained Stable Despite Major Price Hike
Spanish canneries managed to maintain their business with EU and other international markets in 2023. This is noteworthy given that domestic sales of canned tuna dropped last year and...