This week will see tuna stakeholders from all over the world gather in Brussels, for the 2018 edition of the Seafood Expo Global. This year the event is expected to attract a record number of...
Trade
EU & Mexico Make Free Trade Official: Big Deal For Tuna?
The European Union and Mexico have officially concluded a Free Trade Agreement (FTA), slashing import tariffs on a range of goods, including tuna products. While some in the Mexican tuna...
Rising Korean W/R Exports To Ecuador & Philippines
A strong rise in the value of South Korean frozen whole round tuna exports lifted the nation’s overall seafood shipments to a record high level in the first quarter of this year. Seiners...
Low-Cost US Tuna Tops ‘Chicago Tribune’ Taste Test
The Food & Dining section of one of America’s largest newspapers, The Chicago Tribune, has put 13 different canned “light” tuna products to the test, ranking when tasted alone or part of a...
Lion Capital Puts Young’s Seafood Up For Sale
Leading UK frozen fish producer, Young’s Seafood, has been put up for sale by its private equity owners, Lion Capital, Bain Capital and HPS Investment Partners. Although not playing a large...
Tuna In Aloe Vera Juice Launched In Spain
Spanish tuna firm Marina Sea Tuna is launching a new health-focused product to Spanish supermarket shelves through its newly founded Vixvital brand; canned tuna in aloe vera juice. The...
Thai Union: China Key For Future Growth
The rapid expansion of China’s seafood market has got Thai Union’s eyes pinned on the Asian nation as it looks to further develop its export business. The firm’s main product, canned tuna,...
Dongwon Employees Some Of South Korea’s Biggest Earners
Dongwon Industries is paying out some of the highest annual salaries of all South Korean firms, and raised its average wages significantly in recent years, according to a new review of over...
More MSC Supply Pushes BKK Price Premiums Downwards
Recently the gap between prices paid for MSC certified and non-certified skipjack tuna in Bangkok has narrowed, and this has a lot to do with increasing MSC supply. Some in the industry...
Costa Rican Sardimar Ventures Into Frozen Tuna
Costa Rican tuna leader Sardimar has introduced new frozen tuna medallion products to its home market. This is the first time the brand ventures into frozen products, with it already being the...
US Firm Capitalizes On Veganism Trend With Fish-Free Tuna
US based company, Good Catch, has developed a fish-free tuna product it hopes to bring to the market this year in an attempt to increase ‘seafood’ choices for vegans as well as “preserve the...
$420 Million Shaved Off Thai Union’s Market Value
Compared to the beginning of this year, Thai Union’s stock market value has plummeted by 15 percent or over USD 420 million, and stands at one of the lowest levels of the last 12 months....
Powerful Spanish Firms Not Competitive In Foodservice
An increasing share of the Spanish canned tuna market has been covered by product from third country suppliers, and there is expectation this will continue, with indications of a growing...
Innovation Needed To Maintain Italian Market Growth
The rise in canned tuna demand on the Italian market outperformed the rest of the EU last year, and major firms in the country expect growth to continue. More purchases from Italian importers...
Alliance Exec: DOJ Ruling Will Not Impact Operations
Philippine tuna canner, Alliance Select Foods International, believes the Department of Justice’s recent order, for prosecutors to file ‘estafa’ charges against the company’s executives, is an...
BB Handed DOJ 1.2m Pages In Price Fixing Investigation
A new court order states Bumble Bee gave US Department of Justice (DOJ) officials 1.2 million pages of documents within a criminal probe into price fixing on the canned tuna market. This was...
Lischewski Off The Hook In Price Fixing Civil Case
Bumble Bee CEO, Chris Lischewski, will not be added as a defendant in the civil litigation of the US canned tuna price fixing case, a US judge has ruled. In an order from the court seen by...
Alliance Select Execs Face Criminal ‘Estafa’ Charges
The Philippine Department of Justice (DOJ) has recommended prosecutors file an ‘estafa’ case against the tuna firm Alliance Select’s Board of Directors, related to the company’s treatment of...
Mercury-Testing Brand Expands, Launches Seasoned Tuna Pouches
The US brand, Safe Catch, which claims to test every fish for mercury levels, has launched new products including seasoned tuna pouches and ahi canned tuna. The expansion of its...
EU: “Legal Deficiencies” Keep Thailand Yellow Carded
Deficiencies regarding legal and administrative systems to fight IUU fishing, which have not been fully addressed by the government, are keeping Thailand at a yellow card status with the...