Colombia has a privileged position to grow in the tuna industry, said Miguel Angel Rosales García, International Commercial Director of Atunes y Enlatados del Caribe (ATUNEC), during his...
Trade
Maldives Donates 1 Million Tuna Cans To China
As a sign of goodwill, the Maldivian government has donated one million cans of canned tuna to the people of China, according to a Foreign Ministry press announcement. This comes at a time...
Africans Buy More Thai Canned Tuna In 2019
Countries in Africa imported more canned tuna from Thailand in 2019, with Libya nearly doubling its volume. Thai processors delivered 100,383 M/T of the product to the markets in this...
Dongwon Says US Court Lacks Jurisdiction In Dolphin-Safe Lawsuit
Dongwon Industries, the parent company of StarKist, has hit back at the class-action lawsuit filed against it by tuna consumers stating that “it is not subject to personal jurisdiction in...
PNG Imports Of Thai Tuna Recover
Canned tuna exports from Thailand to countries in Oceania experienced a slight fall in volume and value in 2019, according to data from Thai Customs. Markets in Oceania took in at least 10...
Atuna Poll: After Brexit’s Transitional Period, Will Duties Apply For UK Canned Tuna?
After nearly four years of having voted to leave the EU, the UK finally and officially took leave of the economic bloc on January 31. Both parties made a deal to have a transitional period of...
Readers: FCF Will Make Policy Changes In Bumble Bee
Last week, Taiwanese trader FCF officially bought Bumble Bee, after going through more than two months of negotiations and legal red tape. Two weeks ago, Atuna asked its readers if FCF, being...
StarKist Says Dolphin-Safe Case “Unreasonable”
StarKist has filed a motion asking for a US district court to toss the class action suit by a group of tuna consumers, calling it “unreasonable”. The tuna company also stated that the...
Brazilian Tuna Company Renews Controversial Dolphin-Safe Logo
A Brazilian company, Gomes da Costa, known for canned tuna and sardines in Latin America, has renewed its dolphin-safe logo for another two years. The current certificate was given out after...
Now Official: FCF Buys Bumble Bee
After nearly two long months of going through red tape, Taiwanese trader Fong Chu Formosa (FCF) has officially acquired US tuna company Bumble Bee Foods for USD 928 million. In a press...
Vietnam’s Tuna Exports To Mexico Growing After Trade Deal
Vietnam’s tuna exports to Mexico increased 55 percent from January to September 2019, amounting to approximately USD 12 million. This is according to Vietnam customs (VASEP), which claims that...
What Will Change In EU-UK Trade As Brexit Begins Tomorrow?
Although the Brexit officially coming into effect tomorrow is a historic moment in the relationship between Great Britain and the European Union, it has no immediate consequences for the trade...
Lion Capital Released From MDL Price-Fixing Case
A US court has dismissed a multi-district litigation (MDL) over price-fixing of canned tuna against two linked private equity firms, Lion Capital and Big Catch Cayman LP, which own Bumble Bee,...
SKJ1.8:BKK – No Trading Activity, Mostly Price Guessing
The world's benchmark skipjack market is still at a standstill, with almost no quotable trading activity due to both a major lack of demand and almost no new supply of whole round frozen...
El Salvador Opens Market To Colombia Tuna
Canned tuna and pre-cooked loins processed in Colombia have been cleared for export to El Salvador, announced the Ministry of Agriculture and Livestock of the Central American country. The...
New USMCA Deal To Keep Tuna Fisheries Compliance
Yesterday, the US President signed the US-Mexico-Canada trade agreement (USMCA) to modernize the 26-year-old North American FTA. With regards to tuna, the deal requires compliance...
Turkey’s Tuna Exports Making Their Way Up
Turkey’s tuna exports are on the rise as a supplier has reported an increase in shipments worth at least 53 percent more than in 2018. The Egeo Foreign Trade Company declared that in 2019...
Thai Canned Tuna Exports To Minor Destinations Fall
Exports of Thai canned tuna during 2019 experienced a very modest increase in comparison with the year before. Although the overall three percent increase in volume reported by Thai...
Overall Price Drop For 2019 Thai Canned Tuna Exports
Interest in Thai products increased slightly for canned tuna buyers while the average price of the deliveries suffered a drop in 2019. This is according to Thai Custom’s full-year figures of...
Credit Suisse Denies Liability In USD 2 Billion Mozambique Scandal
Credit Suisse has denied knowledge of the USD 2 billion-dollar scam (which included USD 850 million in tuna bonds) and bribery tied to loans from the bank to Mozambique. It also rejected the...