Philippines food and beverage company, Century Pacific Food (CNPF), posted good earnings for 2021, boosted by an increase in sales in the fourth quarter. In a filing with the Securities and...
Trade
Spanish Canners Less Eager In Buying Loins From China
Spanish canners strongly reduced their buying of Chinese frozen pre-cooked tuna loins in 2021. They appeared to have learned a costly lesson during 2020 when they eagerly overbought loins from...
EU Considers Trade Tariffs As Roadblock Against Illegal Immigration
The European Commission (EC) is considering revoking special trade tariffs for countries that are not accepting their citizens back, who are illegal immigrants in the EU. If the executive...
High Fuel Costs Forcing SKJ1.8:BKK Towards USD2,000 Barrier
The soaring fuel prices that are hitting seiner operators are having a clear impact on the price of a ton of frozen whole round skipjack in Thailand’s processing hub. Processors see no...
Nostalgic Tuna Commercial And More Social Trends
A behind-the-scenes documentary of the funniest, wittiest, and most sentimental anecdotes in commercials that were popular decades ago in Ecuador was recently released. And it began with the...
Thai Union’s Founder & Chairman Chansiri Fined For Insider Trading
The global tuna sector has been rocked by the announcement that some Thai Union executives and its Chairman, Kraisorn Chansiri, for being involved in insider trading. A Thai regulator has said...
Italian Canners Switching More To Cheaper Skipjack Loins
EU processors took in record volumes of frozen pre-cooked loins in 2021 and there were almost equal amounts of skipjack and yellowfin bags that were shipped to various destinations. Italian...
Has EU Demand For Pre-Cooked Loins Reached Its Ceiling?
After years of increasing their intake of pre-cooked loins, EU canners' demand in 2021 seems to have reached a plateau, positioned nearly at the same level as in the previous year. Despite...
EU Fleet Has Become Virtually “Unprofitable”, Crisis Mechanism Activated
On Friday, the European Commission announced that it will be giving financial aid to the fishery, aquaculture, and processing sectors, which have been struggling to keep their heads above...
Shortfall In Russian Steel Pushes Up Empty Cans’ Price
The shortage of steel due to economic sanctions against Russia for its invasion of Ukraine is going to place extra pressure on tuna processors as prices for the metal are rising. On March 15,...
World Tuna Conference 2022 Returns To In-Person Meeting
World Tuna 2022, the tuna trade conference and exhibition in Bangkok, will take place this year as a hybrid event that can be attended either in-person or virtually. Today, organizer InfoFish...
Zahara de los Atunes Tuna Route Comes Back After 2 Years
The Zahara de los Atunes Tuna Route in Spain is set to come back this year after having been cancelled for the last two years due to the COVID-19 pandemic. The event will take place from May...
Boat Owners Give SKJ1.8:BKK A Big Push Upwards, No Relief In Sight
The fallout from the ongoing Russian-Ukraine war has been massive and the global tuna sector like many other industries has been feeling the impact. The Bangkok whole round frozen skipjack...
Euro-Dollar Parity Could Cause Major Shifts In Global Tuna Trade Flow
Businesses around the world are keeping a close eye on the EUR to USD exchange rate dynamics amid the Russian invasion of Ukraine. Today, a euro is worth USD 1.10, from USD 1.22 May last year....
Will Tuna Consumption Patterns Be Impacted By High Edible Oil Prices?
The global supply of sunflower oil has been severely impacted by the Russian-Ukraine war, as these nations are the world's main suppliers. On March 16, Atuna reported that there is a sunflower...
Poll: Will Tuna Consumption Patterns Be Impacted By High Edible Oil Prices?
The global supply of sunflower oil has been severely impacted by the Russian-Ukraine war, as these nations are the world's main suppliers. On March 16, Atuna reported that there is a sunflower...
Libyan Tuna Brand Eyeing The EU Market After Cleared For Export
Libyan authorities recently gave export accreditation to canned tuna brand Alwafa in a move to clear more of its national goods for overseas shipments and grow the nation's economy. The...
Seafood Expo North America Comes Back After 2-Year Forced Hiatus
The 2022 edition of the Seafood Expo North America concluded yesterday in Boston, US. It was the first in-person show held by Diversified Communications since the beginning of the COVID-19...
The Rise Of Rotterdam As Europe’s Logistic Tuna Hub
Over the last decade, the port of Rotterdam in the Netherlands has been growing rapidly as Europe's main tuna distribution hub. The small nation took in the second-highest volume of product...
Australian Tuna Sector Hopes Trade Tensions With China Will Thaw
The Australian bluefin sector hopes that its government can soon reconcile relations with China as it wants to export products to the Asian nation. Hagen Stehr, Founder of Stehr Group,...