The Italian canned tuna sector experienced a difficult 2023. The inflation and high commodity prices, especially olive oil, increased production costs causing a rise in consumer prices....
Trade
Mozambique President Not Off The Hook Yet In Tuna Scandal
The tuna bond scandal has come to bite back Mozambique President Filip Nyusi as Abu Dhabi-based shipbuilder Privinvest wants to drag him back to the case in the London High Court. Nyusi was...
Council Warns Over Negative Impact Of EU-Thai Free Trade
The much-anticipated EU-Thailand Free Trade Agreement (FTA) has clearly been worrying Spanish processors. The Market Advisory Council (MAC), which provides guidance to the European Commission...
Jealsa Looking To Hire More Trained Staff Despite Slow Sales
The President of Spanish processor Jealsa wants to employ more trained youngsters from Galicia where the company is headquartered. Jesús Alonso Escurís said this to the 80 students from Félix...
Thailand Skipjack WR Imports Decline, Maldives Becomes Major Supplier
Frozen whole round skipjack volumes to Thai processors contracted by 11 percent in 2023. While many major seiner fleets, especially those flagged to PNA, saw their exports to the Bangkok...
Anfaco-Cecopesca Commits To EU Code On Responsible Practices
Spanish association Anfaco-Cecopesca announced on Wednesday that it will adhere to the 'EU Code of Conduct for responsible business and marketing practices in the food field.’ It is the first...
Major Retailers Still Offering Meager MSC ‘Tuna To Go’ Products In UK
Ready-made-meals or‘tuna to go’ products such as sandwiches, sushi, and salads are convenient for consumers who are always on the run. UK shoppers revealed that they found fewer such foods on...
Marshall Islands Working On Increasing Containerization In Majuro
The Republic of Marshall Islands wants to increase onshore containerization to hike revenue and work in the country. Currently, dockside discharges are still low but the Pacific nation has a...
Thai Canners Reduced WR Imports In 2023, Trade Worth USD 1.2 Billion
Tuna inventories of Thai processors fell in 2023 as they reduced their buying from global fleets by seven percent. The drop in frozen whole rounds was due to the high price of the raw material...
Has World’s First NGO Created Tuna Company “Revolutionized The Tuna Industry?”
The Pacific Islands Tuna (PIT) has a unique business model. It is the only tuna corporation that was initated by an environmental NGO. It came about from a collaboration between the Republic...
Conflict Between Atunlo’s Shareholders Turns Ugly
Financially beleaguered Atunlo still owes money to its creditors and recently managed to extend the pre-bankruptcy process by another three months. While two of its shareholders Coper and...
Nauru’s Switch To China Threatens Future Of Taiwanese-Owned Fleet?
Taiwan’s allies are dwindling and a scarce number of states worldwide recognize its sovereignty. Tiny Pacific Island Nauru was one of its supporters to sever diplomatic relations and switch to...
Atunlo Gets Another 3-Month Reprieve From Creditors
Financially struggling Spanish tuna loins producer Atunlo has dodged a bullet as a commercial court extended its pre-bankruptcy process by another three months. It is a temporary reprieve for...
Will Thai Canned Tuna Trade Continue To Shrink?
Canned tuna processors in Thailand did not have good business in 2023, experiencing a massive 14 percent decline in their global shipments. This was also the lowest volume of exports in a...
Thailand Also Loses Ground In Smaller Canned Tuna Markets
Canned tuna producers in Thailand not only lost business with many major markets last year but also with a group of smaller buyers. However, the UK continued to increase its imports of Thai...
Bidding Good Riddance To Red Lobster Will Improve TU’s Profits
Nearly half of Atuna's readers think that Thai Union Group's profitability will improve in the next two years now that it is parting ways with its US seafood subsidiary Red Lobster according...
Thai Processors Canned Tuna Trade Hits USD 1.8 Billion, Lowest Exports In Decade
Thailand’s canned tuna trade amounted to USD 1.87 billion in 2023 but its producers suffered a massive slump in their exports, sending the lowest level of deliveries to global markets in a...
StarKist’s New Tuna Ice Cream Launch In Japan Fake News?
Online press release distribution platform IssueWire recently issued news that a seafood company named Natural Tuna Corporation (NTC) has introduced StarKist ‘Hot Buffalo Style Tuna Creations...
Workers Of Fraudulent Spanish Tuna Company Will Receive Salaries
A Spanish court has ordered that salaries of workers in the La Rioja-based tuna company Plaza Chica must be fully paid. Plaza Chica has been in the news lately as it was being investigated for...
Major IO Seychelles Tuna Cold Storage Firm Saw Profit In 2023
The Chairman of the Central Common Cold Store (CCCS) in Seychelles recently praised the hard work of employees which resulted in “a modest profit” for the company last year. CCCS is a facility...