European companies will soon have to put their money where their mouths are as the EU has moved to the final stages of establishing a legal framework on due diligence for human rights and...
Trade
Dongwon Steps Up Pet Food Range With Tuna Cat Food
Dongwon is expanding its foothold in the pet food sector. It recently launched three new cat snacks in a squeeze stick or paste form called ‘Nutristic’ under the ‘Nutriplan’ pet food brand....
Costco Notices US Inflation Due To Higher Canned Tuna Sales
Costco Wholesale Corporation's recently published net sales results throw light on the latest American buying habits. A top executive from the chain pointed out that more consumers are...
Seafood Becomes Too Expensive For British Consumers
High inflation has affected tuna and other seafood sales in the UK retail market. The demand for chilled fish and shelf-stable seafood dropped drastically in 2023 and experts do not foresee a...
“Tuna Turner” Burger Big Hit In Spain
The “Tuna Turner burger” created by renowned La Misión restaurant in Madrid recently won the Audacious award for the most original hamburger in Spain for 2023. It is a tribute to rock legend...
Thai Q1 Canned Tuna Fell Sharply With Low Demand In Americas
This year's first quarter reduced Thai canned tuna exports to the Americas experienced headwinds which pushed shipments to the lowest level in a decade. A sharp fall in buyer demand,...
No Relief In Sight For Bangkok Skipjack Situation
The Bangkok trading situation has not improved. The price of frozen whole round skipjack is remaining at high levels due to historically low raw material supply. Sources said skipjack prices...
Seized Cocaine Accounts For Ten Percent Of Ecuadorian Tuna Cargo To EU
The National Police seized 2.5 tons of cocaine from Guayaquil and Napo. Officials conducting pre-shipment inspections inside 20 ft dry containers with canned tuna in Guayaquil noticed white...
Lowest Thai Q1 Shipments In A Decade, Heavy Volume Loss In US And Egypt
It has been a miserable start for Thai canned tuna production as shipments hit the lowest level in 10 years. Business with several main markets dropped dramatically in the first three months...
Maldivian Fisheries Minister Grilled Over Discounts And Tuna Rejection Rates In Thailand
The Maldives Fisheries Minister Hussain Rasheed Hassan was accused of hindering parliamentary work because he did not answer lawmakers’ questions over the rejection of frozen pole-and-line...
Manuel Chang To Face Trial In US Over Tuna Bonds Scam
The efforts of Manuel Chang, Mozambique’s former finance minister, to face trial in South Africa was dismissed by the top court in Africa. He is facing charges in the US over his role in the...
Maltese Minister Wants To Cut Out Japan In Exports To China
Malta has expressed concerns over its bluefin exports to Japan as the Asian country has been reselling it to China at a much higher price. Fisheries Minister Anton Refalo, while talking to the...
Lawsuit Questions: Is American Tuna “100% Caught & Canned In America”?
One and a half years after being alleged by a US consumer for falsely advertising its products as “100% American Made”, the lawsuit against American Tuna Inc. is still ongoing. John Burton’s...
Will Canned Tuna Be In The EU-Thailand Free Trade Deal?
The Free Trade Agreement negotiations between the EU and Thailand raised the ire of the tuna industry, especially in Spain. This could result in cheaper canned tuna, at zero duty, entering the...
Sri Lanka Positive On Retaining EU GSP+ Trade Benefits
Sri Lanka is determined to qualify for the EU's GSP regulations that will come into force from January 1, 2024, for the next ten-year cycle. Since the Asian country enjoys GSP+ benefits, it...
OPAGAC Says EU-Thai FTA Will Doom Spanish Fleet
The EU-Thailand Free Trade Agreement (FTA) will likely be inked soon. This has raised the ire of multiple European organizations including OPAGAC (under which a part of the Spanish purse...
Halla Foods Engages 73-Year-Old Actress To Celebrate Sales Of 100 Mil Tuna Liquid Bottles
The Korean seafood company Halla Foods is celebrating the cumulative sales of more than 100 million bottles of its Tuna Liquid product within a year. 73-year-old actress Kim Soo-mi is...
Sajo Daelim Expands Premium Line Of Products
Korean food company Sajo Daelim has launched a new range of products under the ‘Premium Tuna Collection Gift Set’ with two cans of each variation: yellowfin, mara, truffle, and albacore. The...
IOTC Re-Elects Jung-re Riley Kim As Its Chairperson
The Korean Ministry of Oceans and Fisheries announced last week that Jung-re Riley Kim has been re-elected as the President of IOTC. Kim, unanimously elected by the council members for a...
Tuna Buyers Say Lion Capital Supported Price-Fixing While Owning Bumble Bee
Not long after Lion Capital LLP and its subsidiary Big Catch Cayman (two former Bumble Bee owners) stated they did not sell a single can of tuna, US consumers have urged a Californian federal...