Dry container rates have declined to lower than pre-pandemic levels and analysts are forecasting that they might drop even more. Although prices for reefers, which transport frozen whole...
Trade
Costa Rica To Ink FTA With Ecuador Over Tuna Exports
On March 1, Costa Rica and Ecuador will sign a free trade agreement (FTA) with 90 percent of Costa Rican exports, including tuna, entering its South American neighbor’s market duty-free....
Imprisonment Of Filipino Politician Among Obstructions To EU Free Trade
The Philippines wants to continue free trade relations with the EU, but the agreement will end this year. The bloc is considering an extension of the Generalized Scheme of Preferences Plus...
Italian Thieves Stealing Truck Full Of Tuna Arrested
The Italian police arrested two men who attempted to steal 30 pallets of canned tuna. The accused – aged 47 and 54 – were already under the watch list for alleged theft and complicity. The...
Cape Verde Will Export First Bluefin This Year
African archipelago Cape Verde is gearing up to export bluefin within a year. Prime Minister Ulisses Correia e Silva recently visited the bluefin farming company Nortuna based in São Vicente....
Airone Seafood’s CEO Steered Company To High Performance
Italian tuna company Airone Seafood has come a long way since it was founded. Sergio Tommasini, CEO of the firm, came on board in 2020 during the difficult pandemic period. However, over the...
US Imported Record Level Of Tuna Pouches In 2022
American consumers’ preference for ready-to-eat tuna pouches has been steadily growing over the years. According to NOAA’s data, in 2022, retailers and traders purchased the highest volume of...
Dongwon Diversifies Into Plant-Based Food Segment
Korea’s leading tuna brand Dongwon is gearing up to test its luck with vegan foods for the first time. It announced the release of vegan canned products made from vegetable raw materials....
Boston Seafood Expo Bans Tuna Alternatives
As the annual Seafood Expo North America (SENA) nears, plant-based food companies are once again prohibited from exhibiting at the event. Its organizer, Diversified Communication, instituted a...
Jealsa’s Turnover Reached Nearly EUR 800 Mil In 2022
After a difficult two years, 2022 turned out to be an exceptional one for Jealsa Corporation. The Group closed the year with a 13 percent growth in turnover, reaching close to EUR 800 million....
Thai Union Aiming For 6% Year On Year Revenue Growth
Thai Union recently reported a record revenue for 2022 and is aiming for another five to six percent growth in its turnover for this year. It is also looking into new capital expenditure...
Sushi Terrorism And Other Social Media Trends
The concept of conveyor-belt sushi was introduced in Japan in 1970 and has been picked up in other parts of the globe. Also called 'rotation sushi' or 'sushi train', plates with delicacies are...
Ecuador’s Tuna Sector Grappling With Tampered Containers
The Ecuadorian tuna sector is deeply concerned about their shipments being linked to the rising number of cocaine smuggling incidents. According to the Ecuadorian Federation of Exporters...
US 2022 Imports Reflect Continued Recovery Of Canned Tuna Market
US retailers bought a quarter more canned tuna from international processors in 2022. The volume exceeded purchases in eleven years except for the COVID year 2020. Thai processors regained...
Red Lobster’s Dire Situation Eating Into TU’s Net Profits
Thai Union Group’s 2022 financial results showed that its investment in the US restaurant chain, Red Lobster, is still bleeding money. This details come not long after the Group’s CEO...
Grupomar Bags Mexican Recognition In Two Categories
Mexican tuna fishing company Grupomar received awards for "promoting the development and quality of life of employees" and "contributing to the Sustainable Development Goals," according to...
Thai Union Hits Record Sales In 2022, Ambient Up 13%
Thai Union has released its financial results showing that it experienced record-high revenue of THB 155.6 billion (USD 4.49 billion) in 2022. Sales grew 10.3 percent year-on-year, driven by...
Spanish Seiner Shipyard Ordered To Compensate Deceased Worker’s Kin
The Supreme Court of Spain has ordered Astilleros Armón and Inprebal to compensate the family of a 24-year-old contract worker who died of asphyxiation while working in the seiner ‘Paco...
Callipo Ranked In The Top Hundred By Forbes Italy
Italian tuna processing company Callipo has been selected by Forbes Italy as one of the top hundred firms in the country. The establishment was founded in 1913 by Giacinto Callipo. It...
Philippines Urging EU To Resume Talks On Tuna Free Trade
The Philippines has once again expressed its desire to continue free trade relations with the EU, especially since the current Generalized Scheme of Preferences Plus (GSP+) scheme will expire...