The Initial Public Offering (IPO) for Brazilian food company Camil Alimentos, owner of the Coqueiro tuna brand, did not, as predicted, attract as many investors as it hoped for. Last week the...
Trade
Fragile Recovery For US Imports
After having witnessed a significant fall in 2016, January-July imports of canned tuna into the US have this year improved slightly. However, recent dwindling demand from US buyers due to high...
Canada/EU Free Trade: Small Impact On Tuna
A newly inked trade agreement between Canada and the EU bloc will be of little help to EU tuna exporters, as they will still continue to struggle to compete with Asian suppliers, which now...
New Underfilling Accusations For StarKist
Major US tuna firm StarKist is facing allegations of fraud, as consumers are again accusing the company of underfilling its cans. This recently filed complaint follows a lawsuit against the...
Potential Canadian Buyer Of Clover Leaf Named
Bumble Bee’s Canadian canned tuna branch, Clover Leaf, is rumored to be getting closer to a sale, with frozen fish firm High Liner Foods now being named as an interested buyer. UK private...
No Sign Of Recovery For Bearish Dongwon Stock
After a temporary improvement seen in the last month, investor confidence in the Korean tuna giant Dongwon Industries has fallen yet again, with the share price dropping to the lowest level of...
Princes To Appeal Over “Misleading” Sustainability Claims
Major European tuna firm, Princes, will be appealing against a decision from the Dutch Advertising Code Foundation (Stichting Reclame Code), which determines that certain statements and...
Pressure On Mexican Tuna Trade If Trump Pulls Plug On NAFTA
Duty free tuna trade in the US market could be slipping away from Mexico’s industry, as NAFTA talks are said to have taken very slow progress. The possibility of President Trump withdrawing...
Readers: China Will Benefit More Than Ecuador From FTA
The chance of a Free Trade Agreement (FTA) being inked between China and Ecuador got Atuna readers thinking, and in their majority they believe that the deal will be more beneficial for the...
Ecuador Urges US To Drop Tuna Trade Tariffs
Keen to revive Ecuador and US trade and investment ties, officials from the South American nation are pushing the US government to slash import duties on a range of products, including...
Vietnamese Canners Outperform In US Market
Tuna packers in Vietnam continue to push their US exports upwards, securing a stronger share in this large market, and are seeing solid price returns too. However, with growth in the US market...
Low Expectations For Brazilian Brand’s IPO
Camil, the owner of major Brazilian tuna brand Coqueiro was supposed to make its Initial Public Offering (IPO) to the stock exchange today. The stock market entrance has been delayed however,...
Thai Processors Push Back Into US Market
The latest stats show that Thai tuna canners significantly boosted their exports to US buyers, compared to earlier in the year, gaining back a stronger foothold in their largest market....
Fleet & Processors Clash Over Spanish Loins Quota
Boatowners and canners clashed at a recent industry gathering in Spain, when differing opinions were expressed over the EU tuna loin import quota, and what volume it should stand at. This has...
Brits Eating More Tuna Outside Of Home
Although UK retail tuna sales volumes have been falling in recent years, consumers in the country are still eating the fish, as there has been growing tuna consumption in foodservice channels...
Iceland Promotes Frozen Fish Consumption With New Tuna Steaks
British supermarket chain, Iceland has launched a new marketing and PR campaign promoting its frozen fish range, which includes a new tuna steak product. Branded as the ‘UK’s number one...
Heavy Demands On TU Subsidiary As DOJ Informant
Heavy demands and costs will be faced by Thai Union’s US subsidiary, Tri-Union, which operates as Chicken of the Sea, as part of its full cooperation with the Department of Justice’s (DOJ)...
Eroski Ups Tuna Purchase To Meet MSC Demand
Spanish retailer Eroski has increased its purchases of MSC certified Atlantic albacore (bonito del norte) as it expects demand for fresh fish with this sustainability claim to rise. In March,...
China Expanding South American Trade Grip?
China and Peru are currently engaging in talks to expand their existing Free Trade Agreement (FTA) to also include seafood products, meaning that tuna imports would become duty free when...
Tuna Sushi: Attracting The New Wave Of Vegans Too?
American supermarket chain, Whole Foods is looking to add vegan-friendly tuna to its sushi bars next month. The tuna alternative, Ahimi, is made from a handful of ingredients including non-GMO...