One of the main goals behind the creation of the African Continental Free Trade Area (AfCFTA) was to facilitate the movement of capital and investments within the continent. With this in mind,...
Trade
Judge Struggles With Claims And Dismisses Case Against Subway
Californian federal judge, Jon Tigar, has thrown out the window the lawsuit by two Bay Area women representing customers initially accusing Subway of selling sandwiches and wraps with no real...
Japanese Company Sues Maersk Over Damaged Tuna
A cargo of tuna for the lucrative Japanese sashimi market spoiled during transportation as the necessary temperature was not maintained throughout the trip. Hence, the product ended up going...
EU Alerts: Italians Raised Several Warnings About Spanish Tuna
Tuna-related incidents reported to the EU’s Rapid Alert System for Food and Feed (RASFF) in September ranged from poor temperature control to food poisoning. Out of the seven issues reported,...
StarKist Mascot Turns 60, Happy Birthday Charlie
Yesterday, StarKist’s mascot Charlie the Tuna celebrated his 60th birthday. The famous icon for decades has been urging Americans to eat tuna. He was honored with a miniature of himself and a...
Japan’s Skipjack Imports Crash, Indonesia Suffers Most
Sales of frozen whole round tuna to Japan have taken a big hit in the first half of the year (H1). Imports reached the lowest level in at least the last five years, pushed by the lack of...
Conxemar Starts In Spain, Brings Industry Face-To-Face
Today, one of the biggest seafood trade shows kicks off in Spain. The first in-person event since the pandemic took the world by storm. Conxemar opened its doors to wholesalers, importers,...
Tuna Loses Crown In British Market After Temporary Reign
Retail sales of tuna in the UK dropped slightly during the first half of the year. In 2020, panic buying of canned products pushed tuna temporarily to the top as the most popular seafood....
How Much Will Peak Fuel Costs Affect Skipjack Rates?
Global crude oil prices are at an all-time high given the demand from oil guzzling nations outstripping supply. This has pushed marine fuel prices even further up with tuna purse seiner owners...
Philippines Recovered Share In Japanese Canned Tuna Market
Japanese buyers demanded almost the same quantities of canned tuna in the first half of 2021 as in the same period last year. However, there was a shift in the supply as they bought more from...
Subway Records Highest Sales Despite PR Nightmare
Subway recorded its best-ever sales month since 2013 in August this year. This positive news for the company comes at a time when it has been facing a lot of negative media backlash from...
Experts: Retailers Should Use Commercial Power To Guide RFMO Decisions
Several experts met virtually to speak about retailers and their interests in the RFMOs' decision-making process focusing on the German market. The closed workshop was undertaken with the...
Chinese Consumers’ Strong Like For Imported Canned Tuna
China’s imports of canned skipjack are growing and there is plenty of room for more expansion, according to a market expert. Long Wang, General Manager from Shangdong Ocean International...
Spanish Farmers Achieve Best Bluefin Exports Figures Since 2004
Cartagena, a city in Spain, continues to lead in terms of bluefin exports at the national and EU level. The Minister of Water, Agriculture, Livestock, Fisheries and Environment, Antonio...
Iran’s Canned Tuna Exports Picking Up Despite Economic Sanctions?
Exports of canned tuna from Iran have boomed over the past year and managed to almost double in volume. The majority of the product was destined to nearby countries like Iraq or Armenia. The...
Tuna For Breakfast – An Unexplored Opportunity?
In many households, canned tuna is a staple food, especially for lunch or dinner. However, research from data analytics and brand consulting company, Kantar, shows that the industry still has...
Vietnam’s Market Share In The EU Growing After EVFTA?
Since the trade agreement was signed between the EU and Vietnam last year, exports from the Asian nation to the economic bloc have been soaring. During the first half of 2021 (H1), the...
Defendants Deny Taking Bribes & Won’t Pay Back Money
More of the accused (for allegedly receiving payoffs from Abu Dhabi-based Privinvest Group) in Mozambique took the stand last week. They all denied taking bribes in the billions of dollars...
Cap On Global Container Rates Won’t Help Tuna Sector Much
Last week two major global shipping lines decided to cap their spot ocean freight prices amidst calls from their customers, consumers, as well as government regulators regarding the...
Newcomer SeaKings Makes Good Start In Spanish Carrefour
Seakings' first step in the retail sector turned out to be a steady one for the firm. Eleven months ago, the Spanish tuna processor introduced its first tuna product under the SeaKings brand...