Japanese sushi chef and restaurant owner, Masanori Sugiura, found a creative way to keep his declining business afloat during the COVID-19 crisis. When you order a sushi dish, the delivery...
Trade
Good Fishing & Strong Skipjack Prices In Seychelles
The tuna trading level at the port of Seychelles has been staying stable for the past few weeks, with skipjack prices having reached its highest so far this year. This brings a sigh of relief...
Japan Exported Record Tonnage Of Albacore In H1 2020
The volume of frozen tuna shipped from Japan strongly increased during the first half of 2020. COVID-19 measures have heavily affected the domestic market, however, fishing companies still...
Tuna Industry Starts Training With EU’s Anti-IUU CATCH Software
Tuna exporting third countries are preparing for the digitization of the European Union's non-IUU catch certificates after a new web-based application, CATCH, was set in motion last year....
Thai Plants Feed US Canners With Many More Albacore Loin Shipments
To keep up with the increased demand for tuna in the country during the first half of this year, US-based canners took in many more frozen pre-cooked loins, especially from Thailand. Exporting...
Dongwon Diversifying To Salmon With Land-Based Farm
Tuna giant Dongwon Industries is expanding its seafood business and it is investing KRW 200 billion (USD 168 million) to build a land-based salmon farming complex. The South Korean tuna...
Ecuador Loses Big Share In US Pouches Biz
Deliveries of tuna pouches to the US fell considerably in the first half of 2020 (H1), compared to the year before, with a leading supplier losing more than a third of its business in this...
Thai Union Increases Stake In Red Lobster
Publicly traded seafood business, Thai Union Group, announced that it will be acquiring more shares in Red Lobster Master Holding, owner of the Red Lobster restaurant chain. Through the...
COVID-19 Slashes World’s Largest Seafood Firm’s Profits
The COVID-19 crisis has deeply affected the world’s largest seafood firm, Maruha Nichiro. Results for the quarter from April 1 to June 30 show a consistent decrease in net sales, income, and...
Dongwon F&B Did Not Benefit From Growing Tuna Sales
Dongwon Food & Beverage, manufacturer of processed food products mainly for the Korean market, experienced a boost in its canned tuna sales from March to June of 18.2 percent year-on-year....
New Albo Plant Will Help Chinese Owner Expand In The EU
The Chinese processing and trading group Shanghai Kaichuang is taking firm steps to expand in the European market. The company’s Board of Directors recently approved the construction of a new...
Grupomar Donates Over A Million Cans Of Tuna
In Mexico, a canned tuna company is putting its money where its mouth is by combating malnutrition and food shortages as well as by helping people most affected by the COVID-19 crisis in the...
Philippines Canners’ US Shipments Take A Dive
Canned tuna imports into the US market surged in the first half of 2020 (H1) with a record-high volume of product being delivered, which can mainly be attributed to retail demand due to...
Many Questions Remain About Dolphin Meat In Canned Tuna Study
The news about a study finding dolphin meat in Mexican canned tuna has hit national and international media two years after its publication in 2018. The research found dolphin DNA in three of...
John West’s New Tuna Meatballs Meals Target Kids
John West UK will be introducing two new products into the market, one of them is the brand’s first time marketing items specifically targeted at children. Both ready meal lines, Tuna Bowls...
Vietnam Wins And Loses In US Market
The value of canned Vietnamese skipjack to its main export destination, the US, showed an increase in the first half of this year. The US took in the largest amount of canned skipjack and...
Spanish Frinsa Reports Annual Record Results
Spain's largest canned tuna processing company, Frinsa, closed its 2019 financial year with a profit of EUR 31.1 million (USD 36.8 million). The family-owned business is the leading...
Pacific Skipjack Price Gains Strength, Climbs Higher
The tuna industry’s Bangkok benchmark market is seeing a rise in skipjack price, which is keeping its upward pattern observed earlier during this month with indications that it has yet to hit...
Bad Catches Cut Quarter Of Taiwanese Skipjack Supply To Thai Canners
An unusual period of bad Pacific catches has led the Taiwanese seiner fleet, the main supplier of skipjack raw material to Bangkok, to deliver a much lower volume in the first half of 2020...
Sentencing Scheduled For Execs On Tuna Price-Fixing
The US Department of Justice (DOJ) has revealed the sentence hearing dates for three former executives from Bumble Bee and StarKist who served as key witnesses in the canned tuna price-fixing...