The three largest destination markets for Thai canned tuna, and considerable growth within them, have helped to offset heavy losses that processors in Thailand have faced in their trade with...
Trade
Pinsa Director: Europe The Target For New MSC Tuna
With MSC certification for the Mexican purse seine fishery recently official, it is still early to say what kind of boost this will bring to tuna firms in the nation. A director at major...
Italy’s Strong Demand Keeps EU Imports Up
The strong demand seen previously from Italian tuna buyers continues to pull increased volume into the Mediterranean EU market, and big companies in the country believe this is not yet the...
Sustainability & Supply Challenges In Sight For Spanish Industry
The Spanish tuna industry is looking at how to deal with potential challenges that the future could bring, such as an increased focus on sustainability leading to lower catches, with less tuna...
Princes Mauritius Expands Customer Base As UK Imports Drop
UK buyers have significantly reduced their purchases of canned tuna overall this year, however one major supplier to the country has expanded its customer base to other export markets, in...
Who Will Benefit From Ecuador & China Deal?
A possible trade agreement between Ecuador and China, where tuna is mentioned as one of the priority product lines, is hoped to create mutual benefits for both nations. However, as China’s...
TU Makes Deal With DOJ To Prevent Charges
Thai Union has agreed to provide information on the US price fixing case to the US Department of Justice (DOJ), in exchange for its subsidiary Tri-Union, owner of the Chicken of the Sea brand,...
StarKist Wants Trademark Infringement Suit Thrown Out Of Court
Major US canned tuna firm, StarKist, has requested that the US District Court of Massachusetts dismisses a trademark infringement lawsuit that has been filed against the company. In July this...
Free Trade To Boost Ecuador & China’s Tuna Business?
The Ecuadorian government is looking at the possibilities of forging a trade agreement with China, and tuna is mentioned as one of the priority product lines, as the nation works to get more...
Phil Canners Push Others Aside In EU Market
Processors in the Philippines are still driving attractively priced canned tuna into the EU market, knocking out competition in their path, as they secure one of the strongest volume rises. In...
US Price Fixing Suits On Hold To Collect More Evidence
Piling civil suits against the US Big 3, alleging of price fixing conspiracy, have been put on hold once again by the US Department of Justice (DOJ), as it continues to collect evidence in its...
Govt. Tries To Eliminate Concerns Over Tsukiji Move
In a bid to gain public trust over the safety of a possible move for the famous Tsukiji tuna market, Tokyo’s government is inviting people to tour the new Toyosu site, where contamination...
UK Retailers Paying High Prices For Sustainable Tuna
Overall demand among UK buyers for canned tuna has slipped notably, but a rising call for products carrying a sustainability claim, is seeing importers willing to pay out higher prices to get...
Shanghai Kaichuang Issuing New Shares To Raise Cash
Shanghai Kaichuang, the Chinese owner of Spanish canned tuna brand Albo, will make a private placement of more than 38 million new shares to around 10 separate investors. The move will be...
Thai Canners Face Tough Competition In German Market
Thai packers are losing out to strong competition from Philippine and Vietnamese tuna canners, seeing their foothold in the German market shrink further, and they’ll need a new approach in...
Spanish Brands Push For Stronger Online Sales
Spanish tuna firms are keen to increase their online sales, and are now seeking an agreement with French e-commerce site Vente-privee. As companies in the country have stated that they are...
Spanish Albo Gives Boost To Chinese Owner, But Not Enough
Despite strong sales and profit results posted for Spanish Albo in the first half of this year, the numbers are not quite positive enough to keep the brand’s fairly new Chinese owner out of...
Trump To Drop Free Trade With S.Korea: Any Impact On Tuna?
President Trump is reported to be preparing for the US to withdraw from a Free Trade Agreement (FTA) with South Korea, a major tuna catching nation, and such an exit is said to be likely to...
Bumble Bee & StarKist Both Replace Price Fixing Legal Teams
Both Bumble Bee and StarKist have replaced the firms that are representing them in the snowballing price fixing case regarding the US canned tuna market. In what’s described as a shake-up of...
More Japanese Choosing Beef Over Fresh Tuna Sashimi
Sashimi and other types of fresh tuna have long been the most popular forms of the fish in one of the biggest tuna consuming nations in the world; Japan. Now however, buyers in the country are...