Vietnam’s tuna exports to Japan experienced a massive increase in sales in the third quarter, eventually pulling up the overall cumulative trade value for the first nine months of the year....
Trade
Supreme Court’s Ruling Means No Way Out For StarKist In Price-Fixing
On Monday, the US Supreme Court rejected StarKist’s appeal to toss out the class certification of tuna buyer groups in a price-fixing scandal that shocked the country in 2015. The...
Dongwon F&B Partners With ET Movie For Limited Tuna Edition
Dongwon Tuna has partnered with Steven Spielberg’s sci-fi movie ‘E.T. the Extra-Terrestrial’ to make limited edition unique tuna cans named ‘Dongwon Tuna ET40 Memorial Edition’ to celebrate...
Thai Canned Tuna Trade With Americas Shows Meager Recovery In Q3
Thai canned tuna processors slightly recovered their business with markets in the Americas in the first nine months of this year. North American buyers especially increased their trade with...
Recall Of John West Tuna Salad In The UK
UK leading tuna brand John West has recalled its ‘On The Go Indian Tuna Rice Salad’. The product contained soya and wheat (gluten), but the ingredients were not mentioned on the label that...
Egyptian Tuna Brands Hike Product Prices Owing To New Pound Value Against USD
The strengthening of the dollar against the Egyptian pound has affected the country’s tuna sector. Most brands announced a hike in their products that came into effect in November. Egypt is...
Euro Strengthening Against USD Improves Buying Position For EU Tuna Sector
The euro has strengthened against the dollar and is above parity. Currently, EUR 1 is USD 1.03. The dollar slid on Tuesday as rising German bond yields strengthened the euro. This is good news...
Fextun Workers Demand Salary And Operations Resumption
Workers of Venezuela's state-owned tuna company Fextun are protesting in the capital city of Cumana because they have not been paid for more than five months. The 325 agitated workers also...
Thai Processors Continue To Expand Black Canned Tuna Trade With PNG
Thai processors gained a larger foothold in several international markets across the globe in the third quarter of 2022. More black meat canned tuna was delivered to PNG and shipments to...
Thai Union Moving To List Pet Food Subsidiary
Thai Union Group announced the Initial Public Offering (IPO) of its pet food subsidiary i-Tail Corporation PLC on July 4 and is now inviting investors for a briefing. The IPO offers 660...
Hagoromo Wins Lawsuit Against Processor For Insect In Tuna Can
Japanese tuna company Hagoromo Foods has won a long-running case against its subcontractor Okitsu Foods. The lawsuit was filed after a buyer found an insect, later revealed to be a cockroach,...
Thai Canned Tuna Exports Continued Growing In Q3, Trade Over USD 1.66 Billion
Thai processors continued to improve their business and exported 13 percent more canned tuna YoY in the third quarter of this year. Although declining freight costs and a lower Bangkok prices...
Subway Sales Increase And Its Tuna Subs Are “Alive & Kicking”
Despite a PR nightmare for more than a year driven by allegations of Subway not using "real tuna" in its sandwiches, the US fast-food restaurant chain has hit record same-store sales in the...
Unsettled Tensions With Mexico Delays Ecuador Joining Pacific Alliance
Ecuadorian Minister of Production, Julio Jose Prado said Chile, Mexico, Columbia, and Peru are not putting brakes on the country entering into the Pacific Alliance. But unsettled tensions and...
Dongwon Industries Once Again Reports Excellent Sales
Dongwon Industries' good performance over the first half of the year has continued into the third quarter. The Korean seafood producer reported a 23.5 percent increase in accumulated sales at...
King Oscar Celebrates Its 120th Anniversary
Thai Union owned Norwegian canned seafood producer, King Oscar, will celebrate its 120th anniversary on November 29. In 1902, King Oscar II tried Brisling Sardines from the Stavanger...
Branded Canned Tuna Sales Drives Century Pacific’s Q3 Figures
The outperformance of its branded segment contributed the most to Century Pacific Food’s (CNPF) higher turnover in the first nine months of this year. The Philippine tuna giant reported an...
Dry Container Shipping Rates Nearing Normal Levels
Much to the relief of the global tuna sector, dry container rates are not just sliding down but are almost back to normal levels. However, reefer prices are proving to be more resilient and...
Ecuadorian Company Nirsa Celebrates 65th Anniversary
Ecuadorian processor Nirsa is celebrating its 65th anniversary in the seafood business. The company owns market-leading ‘Real’ canned tuna brand and produces other seafood items. Its products...
Dongwon Industries Successfully Completes Merger, Now Group’s Holding Company
After several roadblocks over the past few months, Dongwon Industries has completed its merger with Dongwon Enterprise and has become the holding company of the entire Group. This move...