Major Italian tuna brand, Thai Union-owned Mareblu, missed its own expectations of double-digit sales growth last year, however still achieved increases that outperformed recent results. A...
Trade
UK Brand Shakes Up The Shelves With Creative Design
UK tuna brand Reel Fish has revamped its canned tuna packaging with a completely new design. The bold color scheme and illustrations are likely to shake up the canned tuna shelf, which can...
Thai Union Snaps Up Stake In Seafood Retail Firm
Thai Union has taken a step closer to the retail segment, having announced the purchase of a 25.1 percent stake in Thammachart Seafood Retail Co (TSR). The move sees TU put more focus on its...
Serial Tuna Company Impersonator Poses As Hai Vuong
A company going by the name of Freede Foods has made a corporate impersonation of major Vietnamese tuna firm, Hai Vuong, fraudulently taking payments from buyers for seafood products. Hai...
Leaders Silla & Dongwon Outperform Korean Stock
Silla Co. and Dongwon’s Industries’ almost identical stock market movement is outperforming the Korean index and also the shares of the nation’s third leading tuna firm, Sajo. Despite recent...
TTIA: Thai Skipjack Imports To Strongly Outpace 2017
If skipjack raw material prices stay around the same levels seen so far this year, Thai canners will increase their purchases and volumes will climb back to 2016 levels, or higher, says Thai...
Judge Denies Lischewski’s International Trip
San Diego-based judge, Sallie Kim, has denied Bumble Bee CEO Christopher Lischewski’s request to travel to Colombia while on bail within the US canned tuna price fixing case. Lawyers...
‘Tuna Jerky’: Revival Of A Traditional Product?
A researcher from the University of Philippines has said the traditional tuna jerky products have good market potential. While the processing stage does create some by-product, the remaining...
Manta SKJ Price Drops On Strengthened Buyer Position
Although EPO skipjack catches remain relatively low, processing plants in Ecuador and other South American locations are well supplied with raw material coming from other ocean regions. With...
Lischewski Lawyers Request Travel Permission For CEO
Lawyers representing Bumble Bee CEO, Christopher Lischewski, are requesting permission from the court for the executive to travel outside of the US for personal circumstances. This is despite...
Can Thai Canners Recover 2017 Export Loss?
The Thai Tuna Industry Association (TTIA) believes canners in the country can recover the 12 percent export volume drop they witnessed in 2017, however it will depend on their ability to...
Further Knock To Thai Union’s Stock Market Value
After USD 420 million was shaved off Thai Union’s stock market value earlier this year, there have been further slumps for the firm, with share price now at an even lower level. From a 2018...
Can Chunk Light Ever Regain Lost Consumer Confidence?
US shelf-stable tuna sales have been falling year on year, and the declining consumer taste for Chunk Light products has been weighing the figures down. As the latest market stats show even...
Further $100 Drop In Bangkok SKJ Price
The Bangkok whole round skipjack price has dropped even further after declining during last month’s tuna conference. Many coldstorage facilities remain full, and carriers wait to discharge at...
Chicken Of The Sea Outperforms StarKist & Bumble Bee
Although the Big 3’s joint grip on total US shelf-stable tuna sales has weakened, Thai Union-owned Chicken of the Sea has managed to expand its share of sales volume, significantly...
Big 3 Losing Market To Expanding Smaller Brands
Smaller brands on the US shelf-stable tuna market have increased their volume share of overall sales, as the joint grip of the Big 3 brands has weakened. This has been driven by a declining...
Vietnam Blames EU Export Drop On Yellow Card
Vietnam’s tuna product exports to the EU have fallen in recent months, and representatives of the processing sector credit this to the yellow card IUU warning held by the Asian nation. The EU...
Why The EU Market Desperately Needs More WCPO YF
With the EU market’s demand for tuna products strengthening, Henk Brus, Managing Director of Pacifical, has addressed the question of where increased future supply should come from, especially...
Lischewski Hearing Delayed For “Effective Preparation”
The hearing of Bumble Bee CEO, Christopher Lischewski, within the US criminal price fixing case, has been postponed until August 15th, to allow the defendant the necessary time for “effective...
Multistate Consumer Group Asks Judge To Join Price Fixing Case
A group of consumers and a group of “commercial food preparers” in the US have urged a California federal court to certify their class action allegations against the Big 3 tuna firms and their...