In 2019, Atuna followed the performance of several publicly traded tuna companies on the stock exchanges. We observed the performances of these businesses, the value of...
Trade
Bumble Bee’s Uncertain Future Reason For Broker Parting Ways
The change in Bumble Bee’s broker of over two decades, Advantage Sales & Marketing, might not be as clear cut as it was made out to be by the tuna company. The two...
Aldi UK Stocks Vegan Tuna For Veganuary
Aldi UK is offering its customers vegan tuna alternatives in the month of January. Many Brits undertake the challenge of eating only plant-based food, called Veganuary, until...
Bumble Bee Defends Chapter 11 Bonuses In US Court
Bumble Bee has defended its plans for financial incentives for numerous senior executives in a filing with the US Bankruptcy Court in Delaware. The company stated that...
Argentina’s New Program Reduces Canned Tuna Price
The Argentinian government has announced that after intense negotiations with various sectors across the country, it has managed to work out a price reduction on hundreds of products including...
EC Approves EU-Seychelles Tuna Fishing Deal
On January 7, the European Commission adopted the proposals of the renewed Sustainable Fishing Agreement (SFPA) 2020-2026 between the EU and Seychelles. The SFPA was agreed on October 22....
Croatia’s Bluefin Exports On The Rise
During the first eight months of 2019, Croatia’s exports of fresh and chilled bluefin almost reached the same level as the full-year figures of 2018. In total, the country exported 2,800...
Consumers To Win Rio Mare Canned Tuna In Contest
Italian Bolton Food has begun its fourth edition of “A tuna for all” contest for consumers to try to win canned tuna from its Rio Mare brand. Customers need to purchase at least EUR 5 worth of...
Sirena Tuna: “Inspired By Italy, Born In Australia”
The Sirena canned tuna brand has been feeding Australians since 1956. Over the years, the family-owned company has brought Italian styled quality tuna to the table of millions...
Russian VTB Bank Sues Mozambique In Tuna Scandal
Russian VTB bank has filed a lawsuit against the Mozambican government to pay its outstanding loans of USD 535 million, which it owes to the financial institution. In September, VTB Capital,...
Creditors Object To Bumble Bee’s “Gratuitous” Chapter 11 Bonuses
The Official Committee of Unsecured Creditors have objected to Bumble Bee’s proposed employee incentive plans in the Bankruptcy Court in Delaware saying that it is “purely gratuitous” and...
Huge Price For First 2020 Toyosu Bluefin
Traditionally, Tokyo’s Toyosu Fish Market opens with an auction to celebrate the New Year. The most expensive fish is, of course, a bluefin. Kiyoshi Kimura, President...
Canned Tuna As Reliable ‘Currency’ In High Inflation Economy
Argentinians are hoarding canned tuna as an alternative currency in the midst of high inflation and an economy that has been in recession since April 2018. The people are...
US Judge Approves Bumble Bee To Pay Cash To FCF
A US judge from the Bankruptcy Court for the District of Delaware has approved a 'Stipulation' in its entirety between Bumble Bee and Taiwanese trader, FCF, on how the tuna company can...
Atuna Poll: How Do You Rate 2019?
In 2019, Atuna brought you assorted tuna news from around the globe: volatile raw material prices; former CEO of Bumble Bee,...
Seychelles’ Price Stays Higher Than Bangkok
In Seychelles, the skipjack and yellowfin trading activity was low in December, which is reflected in the limited movement in raw material prices. Most boat owners have stopped...
Judge To Review Big Three Class Certification On Price-Fixing
StarKist, Chicken of the Sea International, and Bumble Bee in the US have managed to convince a federal judge to immediately review the decision of granting class certification...
Year In Review: 2019
What a roller coaster ride 2019 has been for the tuna industry – from the US Big Three being mired in civil lawsuits for price-fixing to them allegedly misusing...
Bumble Bee Aids Buyers By Extending Bid Period
Bumble Bee's Chapter 11 sales plan has been approved by the US Bankruptcy Court in the District of Delaware after the seafood company that went belly up in...
Hull Coating For Vessels Inspired By Tuna Skin Wins Award
A specially formulated hydrogel for boats that mimics the behavior of the mucous layer of a tuna’s skin has won the 2020 Japanese Government Award for Global Warming Prevention Activity. This...