Despite the relocation of Tokyo's Tsukiji market (now Toyosu) to its new waterfront location, its ceremonial tradition remained intact with auctioneers yelling prices for the much-coveted...
Trade
Tuna Lantern Set To Break 30-Year Tradition
A lantern in the shape of a tuna will be featured as the main lantern in the Taiwan Lantern Festival, for the first time in three decades.The choice will break a tradition of using animals...
Tuna Sculpture Almost Ready For Unveiling
A sculpture depicting a tuna pole and line fisherman pulling a fish from water is nearing its completion.The much anticipated sculpture was originally planned to be unveiled in...
China Lowers Tariff On Frozen Tuna Products
China has invoked tariff cuts across most of the main tuna species, albacore, yellowfin, bigeye and various bluefin tunas, all frozen. The change will make a number of imported...
Elders Victimized In ‘Magic’ Tuna Oil Fraud
A total of 149 elderly people have been deceived in a fraudulent sale scheme involving overpriced tuna oil from Nov. 2017 to May 2018 in Yangzhou, China. The scammers...
Ex-Minister Fights US Extradition On Tuna Fraud Charge
Mozambique’s former finance minister Manuel Chang will oppose extradition to the United States. Chang was arrested on charges of money laundering, wire and securities fraud involving a total...
Closing Values Of Major Tuna Shares Show Bloodbath
After a difficult month of weakening share prices and negative one-year returns, Atuna assesses the damage posted in the Stock Markets of some of the biggest tuna players around the...
Where Do You Think The Bangkok SKJ:1.8 Price Will Peak In 2019?
In December 18, Atuna reported on the limited buying interest from local tuna canners in Bangkok which led to a steady decline in skipjack trading activity. Prices have been...
Poll Results: Does The Lack of Easy Open Cans Drive Away Millennials?
The results of the latest Atuna poll are in and Atuna readers stand divided on the issue of millennials driving down sales in the canned tuna industry. Exactly half of Atuna...
Hawaii Ends 2018 With High Ahi Prices
Significant demand during the holiday period has caused ahi tuna prices to soar. A pound of premium-grade bluefin toro ahi was sold for USD 39.95 in Honolulu, Hawaii.Ahi Tuna is traditionally...
Ex-Finance Minister Arrested For $850M Tuna Bond Scandal
A former Finance Minister of Mozambique was arrested for money laundering and approving secret loans. Manuel Chang, 63, was apprehended at South African airport and is now awaiting...
Spain Sees French Market Share Taken By Thai Union
Spanish canners, who are supplying an important part of the private label sales in France, have been confronted over the first half of this year, by competing Thai Union cannery in Seychelles,...
Stocks Analysis: Century Pacific Recovers After Weak Performance In Q3
Leading Philippine tuna canner Century Pacific shows strong signs of recovery in latest stocks at PHP 15.50 (USD 0.29), revealing a 17 percent increase from PHP 12.90 (USD 0.24), the...
StarKist Stops Israel Manufacturing Ops
US-based tuna company StarKist will stop its manufacturing operations in Israel, but consumers will still have access to StarKist tuna in local shops. About 80 workers in the...
US Wins Legal Feud Against Mexico Over Tuna Labeling
After a decade-long legal battle, the World Trade Organization has ruled in favor of the United States over Mexico’s claim that US labeling rules violated WTO rules. Mexico argued...
Stock Analysis: Is There Hope for Sapmer’s Weakening Stocks?
French tuna fishing firm, Sapmer, has seen a disappointing year, with latest stocks sharply falling 34 percent from EUR 34.00 (USD 38.58) in the beginning of the year to EUR...
Red Bluefin Now Available in Jars
A couple based in Sète, France have begun offering canned red bluefin in glass jars. Renaud Fréjafond owner of a small craft, and his partner,...
US Import Of Tuna-like Species From China Still Rising, But For How Long?
The streak of rising volume of tuna-like species imported into the US market has continued in the third quarter of this year, showing an overall 10 percent increase, according to latest...
Bumble Bee VP Urges Congress To Fight For Loins Exclusion
The temporary 90-day “tariff truce” between China and the US provides some relief to American tuna processors, but not for long. In a recent op-ed published on US news website The Hill,...
PNA Urges Stronger Anti-Crime Measures On High Seas
Tuna-processing nations in the Parties to the Nauru Agreement (PNA) have agreed to impose measures to thwart human and drug trafficking as part of their fisheries surveillance efforts. ...