The five-day visit of Philippines’ President Rodrigo Duterte to Russia has resulted in possible lucrative deals for Filippino tuna canner Century Pacific Food Inc (CNPF). Century Pacific...
Trade
TU Yellowfin Slices Runner-Up At Thai Innovation Expo
A new acknowledgment was given to the Thai Union Group for its Yellowfin Tuna Slice. It received the runner-up award in the Product Design category at the Innovation Thailand Expo 2019...
Readers: US Consumers Will Choose Higher Quality Albacore
In spite of the higher price of albacore products, an overwhelming 80 percent of our readers believe that the US demand for this quality tuna product will grow. They expect that US consumers...
Doubling Of Ecuadorian Diesel Prices Called Off
After over a week of violent protests that rocked the nation, the Ecuadorian government reached an agreement with the protest leaders to restore fuel subsidies to end the...
Maldives Exports Grew In September
Maldives increased its overall consignments by 22 percent to MVR 166 million (USD 10.78 million) due to an improvement in fishing. According to the nation’s Customs Service, MVR 75...
“Love Fest” Between USA And China Postpones Higher Tuna Tariffs
Trump said it is "a very substantial phase one deal," explaining that the agreement could be compared to a "love fest" after months of friction. Chinese state media approached it differently,...
Tokyo’s Toyosu Bluefin Auction Going Strong
One year after the relocation of the most popular fish public sales in the world, the Tokyo bluefin auction from Tsukiji to Toyosu, the new fish market,...
John West UK Reports Steep Profit Increase
UK’s largest canned tuna company, John West UK, experienced a major increase in its gross and operating profits in 2018 over a declining turnover. The Thai Union-owned brand reported a...
Tunisian Manar Thon Starts Alliance With Tea Company
Tuna cannery, Manar Thon, will be receiving financial backing from the investment arm of a Tunisian bank for its alliance with Moroccan tea and sugar distributor, Somathes. BMCE...
Mexico Exported Record Worth Of Bluefin In 2018
Mexico exported USD 123 million worth of bluefin in 2018, which was higher than the previous record of USD 87.5 million in 2016. However, 2019 might surpass the previous marks. Already...
Anuga Food Fair Ends – Busier Than Ever
The world’s largest and oldest trade food fair, Anuga, ended yesterday in Cologne after five days of commercial networking, meetings, and trading by tuna professionals...
Thai Union Looking For USD 200 Million Fresh Capital
One of the world’s largest tuna players, the Thai Union Group (TU), is getting ready to issue subordinated perpetual debentures in order to “strengthen financial structure and build...
Bangkok Skipjack Hits Sensitive Price Barrier
In an almost déjà vu moment, the value for whole round frozen skipjack has plummeted to hit the psychological price point as it did at the beginning of July. The SKJ1.8:BKK is...
French Lead EU Importers During H1 2019
Europe’s imports of canned tuna during the first half of 2019 amounted to 317,852 M/T, a slight recovery year-on-year. Out of all the EU members, France cemented its position as the...
Anuga Food Fair Opens Tomorrow, Celebrates 100th Jubilee
Every two years, the German city of Cologne hosts the world’s largest trade fair for food and beverage, the Anuga. The five-day event will open tomorrow and will continue until...
New Kid On The Block: Global Tuna Alliance
Next to the many global NGOs already focusing on tuna, now the World Economic Forum (WEF) that brings together some 2,500 business leaders, international political...
Extra US Tariffs On EU Do Not Affect Tuna
The WTO has given the US the go-ahead to impose additional duties on USD 7.5 billion worth of goods from the EU. Although seafood products such as clams, mussels, and mollusks are on the...
Tuna Industry’s Heavyweights Testifying Against Lischewski
The US DOJ has released its first amended witness list in the criminal case against Chris Lischewski for his alleged role in the canned priced-fixing conspiracy in the country. It...
Smaller Exporting Nations Losing Share In EU Market
The EU canned tuna market is regaining its momentum. During the first half of this year, deliveries to the old continent accounted for a total of 317,852 M/T, a four percent growth...
US Customs Border Halts Products
On Monday, US Customs and Border Protection (CBP) stopped the deliveries of products from five countries in a move to combat forced labor abroad. The agency highlighted items from...