Trade

Thai Union Takes Control Of Thammachart Seafood

The Thai Union Group (TU) has taken control of Thammachart Seafood Retail Co. (TSR) by buying up an additional 39.9 percent stake in the company. TSR provides professional management...

Century Pacific On Track For Double-Digit Growth

Good third-quarter numbers booked by Philippines-based Century Pacific Foods Inc. (CNPF) show a 13 percent increase of PHP 897.85 million (USD 17,74 million) in its net income. The...

Lischewski’s Defense Counsel Hammers Key Witness

The defense attorney for former Bumble Bee CEO Chris Lischewski tore into a former executive of the company, calling into question his motive for testifying against the defendant regarding the...

Crisis: SKJ1.8:BKK Drops To 10-Year Low

Low demand and an excess in supply has led to an almost free fall in Bangkok’s skipjack price, delivering a definite and devastating blow to the tuna industry. The global...

Understanding The Arabian Gulf’s Tuna Consumer

Tuna consumers from the Arabian Gulf demand quality when it comes to canned tuna with ‘chunks and skipjack solid’. Also, understanding their eating habits and requirements are key...

Thai Union’s Sales Grow While Revenue Falls

Although the sales volume grew by 3.8 percent in the third quarter of 2019 (Q3), Thai Union’s revenue of the sales over the period declined by 6.8 percent. The company blames the...

UK’s Import Volume Up, Defies Brexit

Despite the UK going through the insecurity of the Brexit process, canned tuna shipments to the country during the first half of 2019 (H1) showed a modest uptake. British buyers brought...

Ecuador Tuna Imports Surging Among Spanish Buyers

The first half of 2019 marked a remarkable surge in the volume of imported canned tuna entering Spain. Buyers from the European tuna giant country acquired a total of 32,945 M/T of the...

On-The-Spot DNA Test For Tuna Now Possible

A kit that allows on-the-spot DNA testing of tuna has been developed by the Peruvian biotech analytical firm, BioAI. The technology is also applicable to several other...

Ecuador Gets Slapped With EU Yellow Card

After months of speculation, Ecuador has been slapped with a yellow card by the EU due to the country’s inability to comply with agreed international standards about IUU fishing. The South...

How Tuna Consumption Differs Per Country

A majority of Canadians crave tuna sandwiches, while Austrians love their healthy green salads with tuna, and the Saudis like to eat the fish straight from the can. This is according...

Big 3 Might Benefit From New Policy On Fines

In the US, a new policy introduced by the Department of Justice provides long-needed guidance to prosecutors evaluating a company’s claim of being unable to pay a criminal...

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