The world leading pole and line tuna supplying nation, the Maldives, has been brought into political crisis after the country’s President refused to comply with a Supreme Court order to...
Trade
Lion Capital’s Profits Scrutinized In Price Fixing Saga
Another plaintiff is seeking to add Bumble Bee private equity owner, Lion Capital, and BB CEO, Chris Lischewski, as defendants in its price fixing complaint, calling on the district court of...
Norway’s Tuna Imports Reflect Seafood Consumption Decline
Overall seafood consumption in Norway fell by a notable 15 percent in 2017, and at the same time, Norwegian buyers imported smaller canned tuna tonnages, suggesting this product has also been...
Latin America’s Stronger Economy Spurs Import Growth
While 2017 saw Thai canners face losses in some major markets, business increased significantly with several Latin American countries. This development is being linked to a positive economic...
Bumble Bee Ends Labelling Lawsuit By Repackaging Product
A legal dispute which started over accusations of mislabeled Bumble Bee salmon products will be brought to an end through an agreement for the major US brand to repackage its canned salmon...
Petit Navire To Reach TU Sustainability Target Early?
The leading canned tuna brand on the French market will be “very close” to reaching its sustainable sourcing target already this year, which would put it well on track in regards to its parent...
Italian Market Continues To Outperform In EU
Strongly rising demand for canned tuna has been witnessed in the Italian market, and Spanish canners, the biggest suppliers, have fulfilled a major chunk of the growth, concluding deals at the...
Dongwon Gears Up For Korean New Year With Tuna Giftsets
Canned tuna is a popular food in South Korea both for its taste and for its health benefits. Not only is the fish part of the regular diet of Koreans, it also commonly given away as a present...
Persisting Weak BKK Demand Drives Price Softening
Buying activity from packers in the Thai capital is fairly slow following the first New Year’s sales, and this has caused some further softening in the Bangkok skipjack price. After reaching a...
A Turning Point For Thai Canners In US Market
A rise in US-sent canned tuna shipments was a turning point for Thai packers last year, who saw their business increase in a market that has shown dramatically fading demand for canned tuna...
Princes “On Track” For 100% Responsibly Sourced Next Year
One of the UK’s leading tuna brands, Mitsubishi owned Princes, has announced that as of December 2017, 90 percent of its tuna was sourced from either MSC fisheries, from FIPs, or it was fully...
EU Needs Evidence To Investigate Illegal Bluefin Trade
The Spanish Member of Parliament (MEP) that alerted the European Commission on alleged illegal bluefin trade in Malta, has expressed her discontent with the EC’s decision not to investigate...
Gap Widens Between Manta & BKK Skipjack Deals
The difference between the latest skipjack prices concluded in Ecuador’s tuna hub of Manta, and Thailand’s capital of Bangkok, has grown compared to late last year. After prices being almost...
Grupomar’s Biggest Bets Are On Middle East Expansion
Mexican tuna firm Grupomar is betting on the Middle East for its biggest chance to boost sales, and believes its halal certified tuna will help it reach a larger customer base. Grupomar...
Trump More Optimistic: NAFTA Talks Going “Pretty Well”
US president Trump has described the most recent NAFTA talks as going “pretty well”, showing considerably more optimism for a continuation of the trade deal. Previous comments from the US side...
UK Fresh & Frozen Tuna Bucks Downward Trend
Fresh and frozen tuna products are growing in popularity among consumers in the UK, when the opposite trend has been witnessed across the seafood category overall. In a market where demand for...
Albertsons Adds Sushi To Seafood Sourcing Pledge, Still No Canned
US retailer Albertsons has announced that it is including sushi products, such as tuna, in its responsible seafood pledge, but still gives itself another four years to reach its goal. While...
Brands Should Target Wealthy Consumers For Middle East Expansion
The Middle East region has been seen as having good potential for tuna companies wanting to expand their business, as demand for canned tuna in the densely populated Arab world has shown...
Princes & John West Canneries Face Headwinds In UK
Business between the processing plants of the leading UK canned tuna brands, and UK buyers, was notably reduced in the first three quarters of 2017, at a time when canned tuna imports were...
The Full Extent Of Thai Canners’ Tough 2017
The Thai Tuna Industry Association (TTIA) has already branded 2017 as one of the toughest years for the nation’s canners, and full year export stats support this statement. Over the 12 month...