MSC appointed Hartwig Schafer and five new trustees to its board. They will take up their new roles in July and will continue to bring a wide range of experience and expertise at MSC and set...
Trade
EU Demand For Cooked Yellowfin Loins Makes A Record Jump
EU processors took in historically high levels of frozen pre-cooked loins in 2022, with demand for yellowfin showing a strong pickup, particularly from Spanish canners. This interest...
Despite 23% Price Hike, EU Processors Purchased More Loins
Imports by EU canners of frozen pre-cooked tuna loins rose in 2022 to a historic level despite a substantially higher price per ton, indicating that possibly demand and sales are not as price...
How Will Consumer Market React To High Skipjack Price?
The skipjack price in benchmark Bangkok hit the USD 2,000 per ton barrier at the end of March, and trade in the processing hubs of Seychelles and Manta followed with an increase. The...
SolTuna Wants Duty-Free Access To US
Solomon Islands is in talks with the US authorities to export Soltuna products duty-free. Trade Commissioner Barret Salato has been discussing the possibilities with the US embassy in Honaira....
Seiner Operators Benefit From Veda, But Manta Processors Getting The Short End
The Manta skipjack market has become a major hub in the global tuna industry and its yearly tuna supply today represents about half a million tons (55 percent from landings and 45 percent from...
Tuna Sector Contributes USD 200 Million To Fiji’s Coffers
The tuna sector contributes USD 200 million to the Fijian economy, about 0.8 percent of the gross domestic product and the island nation wants to continue developing its tuna fisheries....
2,000 Exhibitors Lined-up For The Largest Seafood Expo Global In April
The Seafood Expo Global/Seafood Processing Global will take place from April 25 to 27 in Barcelona. It will be the largest edition in its history, attended by tuna and marine industry...
Century Pacific’s Revenue Hits USD 1 Billion, Boosted By Canned Tuna Demand
Philippines' leading canned tuna and food company, Century Pacific Food (CNPF), said its 2022 consolidated revenue increased by 14 percent year on year to reach PHP 62.2 billion (USD 1.14...
Argentina’s Canned Tuna Price Skyrockets Since Last Year
A study conducted by Acipan, a group of Argentinean entrepreneurs, analyzed there has been a 248 percent hike in the price of canned tuna compared to last year. Argentina is facing some of the...
Kyokuyo’s Top Executive Steps Down After Steering Growth For Four Decades
Japanese tuna and seafood company Kyokuyo announced the retirement of its Executive Vice-President (VP) and former Managing Director (MD) Ken Sakai. He will step down on June 27, after 45...
Lion Capital Denies Participating In Tuna Price-Fixing, Says It Never “Sold A Can”
Lion Capital LLP and its subsidiary Big Catch Cayman (two former Bumble Bee owners) told a Californian federal judge that US consumers are trying to pin the responsibility of price-fixing on...
John Burton Denies Being Commercially Motivated In Opposing Industrial Purse Seining
Pole-and-line fishing proponent, John Burton, is not only motivated by environmental concerns but also commercial interests. Having worked in the sector for the past four decades, he has been...
Skipjack In Bangkok Hits USD 2,000 Barrier
Processors in Bangkok are worried over the depressed supply which has pushed the value for whole round frozen skipjack to hit a peak not seen since 2017. Catches in the WCPO have been...
Marshall Islands’ Fresh Tuna Sector In Crisis As Air Cargo Operations Halt
The Marshall Islands (RMI) is looking into alternatives for the air delivery of tuna and other products. The government claims that it has shut down the multi-million dollars worth of exports...
Ecuadorian Police Crack Down On Theft Of Thousands Of Tuna Cans
The police in Rocafuerte Canton and Ecuadorian town Crucita were in for a surprise in the early hours of Tuesday when they nabbed six culprits who allegedly stole a truck full of canned...
ANFACO Wants Any Reference To Tuna Removed From Vegan Products
The last couple of years has seen a boom in the rise of vegan alternative food. New meat and seafood replacement items are being added to retail shelves all over the world, especially in...
Muted Q1 Trading Forces Vietnamese Tuna Exporters Into Other Markets
The impending global recession is forcing Vietnamese tuna exporters to explore alternative markets. Since revenue from the US (their largest trading partner) and EU has dropped drastically in...
Readers Partially Convinced UN Treaty Will Lead To Higher Tuna Prices
Under the UN treaty, almost one-third of the oceans will be closed. The effectiveness of marine protected areas (where commercial fishing will be limited or prohibited) has been a topic of...
Canned Tuna Provides Clue To Origin Of Narco Submarine
Spanish police found an abandoned “narco submarine” on the beach of Ribeira in mid-March. Inside the boat, tuna cans made in Brazil are the only clue to its origin. This is not the only time...