Trade is picking up at the world’s largest processing hub with a significant increase in skipjack raw material supply to Bangkok. This factor, along with pressure from producers, has pushed...
Trade
South Korean Shipping Experts Question Dongwon’s Worth To Purchase HMM
South Korean shipping experts have expressed their doubts over Dongwon Industries being a suitable purchaser for container shipping company HMM. They said Dongwon and its two competitors, LX...
Costa Rican Police Find Drugs In Tuna Cans
Last Sunday, officers of the Public Force of Costa Rica seized 3.5 grams of marijuana from a man who had hidden it inside tuna cans for local distribution in the capital city of San José. The...
Will Dongwon F&B Benefit From Collaboration With StarKist?
Dongwon Food and Beverage is exploring sales opportunities outside Korea as its growth in the domestic market has reached the limit. Its CEO, Kim Seong-yong, said that the company is...
Spanish Processors Expand Internal EU Loins Trade
The exports of pre-cooked tuna loins among EU nations in the first half of this year were little changed from last year. This is remarkable given the decline in imports of frozen whole-round...
First Japanese Female Bidder Enters Toyosu Tuna Market
Famous Toyosu fish market made history when 54-year-old Masako Tanaka recently became the “first Japanese woman” to complete a tuna auction in the male-dominated business. Tanaka runs the...
Readers: Princes Group Will Be Sliced Up If Acquisition Goes Through
UK-based Princes Group, which sells its tuna products under the Princes brand, is speculated to be sold before the end of this year. Three equity firms – Epriris, Lone Star, and One Rock...
UN And Red Cross Sends Canned Tuna As Food Aid For Civilians In Gaza
The United Nations and Egyptian Red Cross sent twenty trucks with desperately needed food, including canned tuna, and water to the people in Gaza where the conflict has cut them off from the...
Seafood Veteran Ventures Into Thai-Based Tuna Company
Thailand-based tuna and seafood company Black-Fin Seafood Company has welcomed Doug Brinsmade as its new co-founder. The industry veteran returned to the tuna business by entering in a joint...
Low Yellowfin Supply & High Prices Slashed EU WR Imports
Far fewer reefer containers filled with yellowfin raw material were delivered to EU processors at the beginning of the year, impacted by high prices and low supply from key fleets. The tuna is...
US Consumer Demand For Tuna Pouches Tripled In More Than A Decade
One of the key trends in the US canned tuna market in 2022 was the shift from cans to pouches. Consumer demand for easy to eat pouches has grown exponentially over the years due to product...
New Ecuador President Vows To Fight Drug Cartels
After two election rounds, Daniel Noboa has been finally chosen as Ecuador’s new President. In his speech, he promised to “give back peace to the country” referring to the growing presence of...
Whole Round Skipjack Imports Hit Record-Low Level In EU
Canneries in Europe bought the lowest quantity of frozen skipjack whole rounds in more than a decade in the first half of this year. Import quantity fell by eight percent while the tuna was...
EU Processors Massively Reduced WR Intake Due To Lower Sales
EU processors largely reduced their purchase of frozen whole round tuna in the first half of 2023 amid weakened consumer demand and inflated costs for producing canned tuna. There was a 21...
Dongwon Forelooks US Sales Through StarKist
South Korean tuna giant Dongwon F&B is focusing on expanding its trade to foreign markets and is discussing its first-ever business cooperation with StarKist. Kim Seong-yong, CEO of...
PNG Teams Up With RD Tuna To Revive Tuna Project
The PNG government is stepping up on its rhetoric to get the Pacific Marine Industrial Zone (PMIZ) off the ground. PNG has joined hands with RD Tuna Canners so it can “utilize not just their...
Global Tuna Sector Facing “Perfect Storm”
“Tuna is one of the best raw materials in the world, and canned tuna is one of the most popular foods that is value for money and appreciated by consumers around the world,” stated Adolfo...
Anuga Was Well-Visited And Closes Today
The food and beverage fair Anuga closes today and the overall mood was that people were pleased to meet their customers and suppliers in person. All days were very crowded so the attendance...
Will Princes Brand Be Divided From Group After Acquisition?
British food and beverage company Princes Group is one step closer to being sold as three private equity firms – Epiris, Lone Star, and One Rock Capital Partners – are preparing their final...
EU And Seychelles Review Crucial Tuna Fishing Agreement
Representatives of the European Union and Seychelles emphasized the positive impact of the Sustainable Fisheries Partnership Agreement (SFPA) that allows EU seiners to fish for tuna in its EEZ...