Bullish growth has been seen in Dongwon’s stock market value over recent weeks, gaining USD 151 million since late March. Most analysts are betting the company’s listed shares will continue to...
Trade
Have Thai Canners Seen The Bottom Of US Export Decline?
Last year marked a significant turning point for Thai canners in their biggest market, the US, as they upped shipments for the first time in years. In the first quarter of 2018, strong...
TU Buys Large Share In Russia’s No.1 Tuna Canner
Thai Union has purchased a 45 percent stake in the holding company owning Russia’s largest canned tuna processor, believing the opportunities for further growth and development of this firm...
Thai Union Suffers Substantial Profit Drop
Amid challenging market conditions, Thai Union has revealed its first quarter profit declined by 39.3 percent YoY, with higher priced raw materials, a decline in tuna sales, and a stronger...
Lion Capital Seeks Exit From Tuna Price Fixing Case
Lion Capital, the UK private equity owner of Bumble Bee Foods, has asked a California district judge to “let it out of a multidistrict litigation” over alleged price fixing of shelf-stable...
Industry Gears Up For Bangkok-Meet This Month
The world’s biggest gathering of tuna professionals is taking place already this month. The Tuna 2018 Conference in Bangkok will have sustainability as its main focus, with experts from all...
Another $100 Hike On Bangkok SKJ Price
A further significant increase has been seen in the Bangkok whole round skipjack market, with the latest deals concluded at USD 100 per ton higher than last month. For the first time in weeks,...
Will Thai Union Recover From Its Weakened Stock Market Value?
Since the beginning of 2018, Thai Union has seen its stock market value drop by around 15 percent or USD 420 million. With the firm expecting to hit record sales this year and a Thai market...
“Many Millions Of Dollars” Involved In Latest Price Fixing Complaint
Associated Wholesale Grocers Inc. (AWG) is the latest plaintiff to file a civil complaint against the US Big 3 canned tuna brands and their parent companies, accusing them of price fixing for...
Wild Planet “Underfilling” Checks Arrive With Consumers
Those that filed a claim as part of the Wild Planet tuna “underfilling” settlement have started receiving checks in the mail, Top Class Actions reports. The US firm was accused of underfilling...
Sainsbury’s Exec: We Need To Improve On Sustainability
A top executive at Sainsbury’s, the UK’s second largest food retailer, admits the supermarket chain has a lot of work to do before it achieves full sustainability within its seafood range....
Sainsbury’s & Walmart’s Asda Strike Major Merger Deal
The UK’s second largest food retailer, Sainsbury’s, has inked a major merger with Walmart-owned supermarket chain Asda, in which Sainsbury’s will control the majority share of the combined...
Ecuador Secures Duty Free Tuna Trade With EFTA
The Ecuadorian government has officially secured a free trade agreement (FTA) with the EFTA nations, with tuna products included in the deal. While no major shift is expected in terms of tuna...
Lower EPO Catch Causes Slight Manta SKJ Price Rise
Slow supply reaching Manta from EPO operating purse seiners has caused a slight increase in the average whole round skipjack CFR price in the region, which has risen by around USD 50 per ton...
Record US Pouched Imports, But Will They Ever Surge?
Imports of pouched tuna by US buyers reached a record level in 2017, but there are no signs yet of a very strong surge. Despite some expectation that pouched tuna sales could rise...
Seafood Expo Day 3: News From The Show
Atuna is present at Seafood Expo Global in Brussels and will keep readers up to date on what is happening at the event. Follow this page for all the latest news from today. ...
The Latest Updates From Seafood Expo Day 2
Atuna is present at Seafood Expo Global in Brussels and will keep readers up to date on what is happening at the event. Follow this page for all the latest news from today. ...
Century Pacific Takes Home Best Management Award
The largest tuna canner in the Philippines, Century Pacific Food Inc. (CNPF) has been named the best managed mid-cap company in the country for the second year in the row. International...
Seafood Expo Day 1 Round-Up
Atuna is present at Seafood Expo Global in Brussels and will keep readers up to date on what is happening at the event. Follow this page for all the latest news. Thai Union Debuts...
In Pictures: Tsukiji Market Soon To Be History
The world famous fish market Tsukiji is in its last year of operation at its current location. Despite its looming move, business at the market is still thriving, and its tuna auctions are...