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...
Trade
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...
Exploring Atuna’s Collection Of Commercial Tuna Ads
Over the years, tuna brands have relied on television commercials to promote their products. Atuna features TV advertisements for tuna items in its wide-ranging collection. The ads from...
Princes Group’s Profits Dropped By 40% In 2022
UK-based Princes Group, which has a core ambient segment including canned tuna, did not fare well in its 2021/2022 financial year with a large fall in turnover and group profit compared to the...
Lidl Aims To Achieve 100 percent MSC For Its Canned Tuna
Discount retailer Lidl desires 100 percent sustainability for all its canned tuna and other fish products in 2023 in Spain. It wants all its tuna items to carry the MSC seal before the year is...
FDA Chalks Out Plan To Tighten Rules Over Tuna Imports
The US Food and Drug Administration (FDA) recently released the report ‘Activities for the Safety of Imported Seafood’ outlining a comprehensive approach for monitoring canned tuna, loins, and...
Maruha Nichiro’s New Strategy To Expand Its Tuna Business
Japanese seafood company and trader, Maruha Nichiro Corporation, aims to integrate its subsidiaries Marine Access Corporation and Maruha Nichiro Retail Service Co., Ltd. to...
Mozambique Tuna Scam Involved Credit Suisse Saved From Imploding
Swiss lender Credit Suisse was thrown a lifeline through the intervention of the nation's government. Under its pressure, the bank (which was deeply involved in the Mozambican tuna scam) has...
GTA Director Steps Down
Tom Pickerell, Executive Director of the Global Tuna Alliance (GTA), has announced that he is stepping down from his position as of March 31. At the same time, GTA has hired Gunther Errhalt, a...
Thai Union’s Stock Buyback Reaches USD 18.8 Million
Thai Union (TU) has continued with its stock buyback which began last week. On March 21, the company announced that it has repurchased 44,700,600 cumulated shares to date which are...
Panamanian Officials Find Weight Deviation In 1/3 Tuna Products
The Authority for Consumer Protection and Defense of Competition (Acodeco) conducted an operation to verify the net content of tuna and seafood products that are sold from retail shelves. Out...
Italian Canned Tuna Imports Gained Massive 30% Traction
Despite Italy having its own processing sector, buyers’ reliance on importing canned tuna hit a near peak in 2022. Spanish canners with ties to Bolton managed to gain more...
EU & Thailand Announce FTA Negotiations, ANFACO Asks For Tuna Exclusion
On the heels of the news that the EU and Thailand have relaunched negotiations for a free trade agreement (FTA), the Spanish seafood processors association, Anfaco-Cecopesca has sounded the...
Philippine Small-Scale Fishers Criticize Government Building Cold Storage
A group of small-scale fishermen in the Philippines has criticized the government's decision to build eleven fish cold storage facilities close to their fishing grounds and landing...
Will Princes Group Be Taken Over By A Private Equity Firm?
A group of private equity candidates has come forward to acquire Princes Foods. Its owner, Mitsubishi Corporation, announced its intention to sell the subsidiary two months ago. Sky News...