Trading data from the US continues to confirm the early expectation that canned tuna deliveries were going to experience a decline in 2021. This was after markets took in record-high...
Trade
Judge Rules Manuel Chang Extradition To US For Tuna Scandal
A South African federal court has ordered the extradition of former Mozambican Finance Minister, Manuel Chang, to the US to face corruption charges for his role in signing off on USD 2 billion...
Heavy Q3 Skipjack Buying By Thai Canners, Despite Falling Sales
Thai processors have been buying much more raw material than in the previous years. Their cumulative Q3 purchases of whole round skipjack in particular drove the frozen raw tuna imports to the...
Thai Union’s Q3 Canned Tuna Sales Revenue Declines
Thai Union (TU) recently released news that its net profit dropped by about six percent while sales increased for all segments in the third quarter of this year (Q3 2021). On the other hand,...
TV Show Alleges Species Fraud In Spanish Canned Tuna
Allegations have been hurled that some preserved tuna products in Spain are made of other, cheaper fish species. The claim was revealed last week on the TV show Are You Going to Eat It, which...
Thai Packers Recovering In Africa
Thai packers have been losing a big chunk of business this year. Shipments of canned tuna to most regions across the world dropped compared to last year, except for those to Africa. The trade...
Netherlands Drops Ambitious Plan On Traceability
On April 30, the Dutch government asked the Social and Economic Council (SER) for advice on the traceability of goods sold in the country, including tuna products, because it felt the current...
Conxemar Backs Down And Postpones Brussels Trade Show
The first edition of the Conxemar Brussel show was scheduled to take place next April in the same venue that for years hosted its main competitor, the Seafood Expo Global. However, the Spanish...
Tuna Trade Used As Cover-Up For Money Laundering
Expensive tuna imports have been used to launder dirty money by crooks dealing with paper companies. Authorities in Colombia have just arrested four executives from family-owned companies that...
Hawaii News Media Accuses Wespac of Favoritism
The Honolulu Civil Beat is once again after the Western Pacific Regional Fishery Management Council (Wespac - also formerly known as WPRFMC) saying that the organization “is using questionable...
Abidjan Port Expands Loading Capacity Of Reefer Containers
New fish loading equipment in the Abidjan port in Ivory Coast will help improve the process of placing whole round frozen tuna into containers. The global company, CEVA Logistics, which has...
Mozambican President Sued For Accepting Donations In Tuna Scandal
The ongoing Mozambican tuna scandal has a new twist. Privinvest, an Abu Dhabi-based shipbuilder, has sued the current President of Mozambique, Filipe Nyusi, in the High Court in London. The...
Bumble Bee Adds MSC Tuna And Candy To Prime Snack Kit
Bumble Bee Seafoods has restyled its Protein on the Run healthy snack kit and added MSC tuna in three new flavors plus the sweetness of caramel. It has added the line to Bumble Bee Prime. With...
Thai Processors Lose Over A Third Of Business In The Americas
Thailand exported 38 percent less canned tuna to the Americas in Q3 2021 compared to the same period in 2020. This is the lowest level of deliveries in a five-year period. This large fall was...
No Sign Of Any Bangkok Bottleneck Yet, SKJ1.8:BKK Price In Balance
Bangkok skipjack trade is moving, albeit slowly, as demand for raw material has once again dropped while supply of tuna has also fallen. Both the lukewarm demand and depressed supply are...
Worst Q3 Production Numbers In Thailand In 5 Years
The world's largest canned tuna exporting nation experienced a major cut in its processing volume over the first three quarters (Q3) of the year. The shipments from Thailand were at least at a...
Maersk Denies Liability Over Damaged Tuna, Blames Leak
Global freight company Maersk has denied that it is liable for a cargo of expensive tuna that was damaged while it was being shipped to Japan. It argues that it had conducted all necessary...
Mozambique NGO Demands USD 2 Billion Debt Relief From Credit Suisse
Mozambique’s public finance watchdog, the Budget Monitoring Forum (FMO), has demanded that Credit Suisse give the African nation a full debt relief of USD 2 billion. This is ten times the...
Ecuador Scored Slam Dunk In UK Market In 2020
The arrivals of canned tuna to the UK reached their lowest point in five years in 2020. This means that most suppliers lost part of their business in the country, but the Ecuadorians managed...
RD Switches To Eco-friendly Packaging For Dolly Tuna
RD Tuna Canners from Papua New Guinea (PNG) has committed to fighting plastic pollution. It will be replacing the plastic wrap around its Dolly Tuna brand's six-pack of canned tuna with a...