Canned tuna sales in the Mexican market in the first four months of the year have shown a doubling in value compared to a decade ago, with the continued growth in value-added product presence...
Trade
Emergency Services Battle Fire At Famous Tsukiji Tuna Market
Fire broke out today at the bustling tuna market of Tsukiji in Japan’s capital, where emergency services have been working to settle the flames. The location in Tokyo is branded the world’s...
Bumble Bee Sold $1.3b In Tuna During Price Fixing Period
As Bumble Bee Foods pled guilty in federal court this week to violating the Sherman Act, and admitted to its role in conspiracy to fix prices of canned tuna, it was revealed that the firm made...
Tuna Consumers Saved By Scrapped Trump Border Tax?
The news that the President Trump proposed US border adjustment tax has been junked, will be welcomed by US retailers, who opposed the measure and said that American consumers would be the...
Mexico Hesitates On Imposing US Tuna Dispute Retaliation
The Mexican government is yet to begin levying import duty sanctions on goods imported from the US, as part of a retaliation measure granted following a two decade long dolphin-safe tuna...
High Tuna Prices Trouble Dongwon Profits
The food and beverage division of South Korean tuna market dominant Dongwon, has posted sharp net profit decline for the second quarter of the year. As well as underperformance of some of its...
How UK’s Biggest Brands Hope To Reignite Canned Tuna Sales
Despite a recent slump in sales of value added tuna products, the UK’s two biggest brands, John West and Princes, both agree that this is still a segment that has potential for growth and is...
Thai Canners See High Value Japanese Shipments Grow
Despite heavy volume losses in some major markets, Thai canners have boosted business with Japanese buyers, who pay out high prices for top quality product, as the nation’s own domestic...
Former Tri Marine Exec. Gets 5 Years Jail Time For Fraud
The former Managing Director and establisher of Tri Marine International Spain, has been handed five years in jail related to charges of misappropriation and for privately profiting millions...
Latin America New Target For Thai Canners
With losses recorded in canned tuna exports to the US, and reports that buying activity from the market is lifeless, it seems that Latin American nations, some in particular, could be the new...
Indonesian Canners See Struggling Start To 2017 EU Business
Although the government wants to boost tuna exports to major international markets like the EU, Indonesian processors witnessed a significant drop in their shipments to European buyers in the...
Spanish Firm Gets €200,000 Pay Out For Damaged Tuna
Spanish company Atunlo is getting paid nearly EUR 209,000 (USD 244,960) from its insurer after a batch of Mauritius-sent tuna was discovered to be damaged upon arrival in Spain. The firm sued...
Egypt’s Currency Crisis Causes Thai Export Crash
A currency crisis in Egypt has dramatically reduced the buying power of the nation’s importers, causing Thai canned tuna shipments to the market to drastically drop. In the first half of this...
New Tuna Market Player Posts Strong Profits
A net profit rise of over 71 percent has been posted by a new entrant to the canned tuna market. Alicorp, owner of Peruvian consumer oil brand, Primor, which launched four canned tuna...
BKK Skipjack Price Steady As Buyers Hold Back
Canners aren’t queuing up for skipjack raw material in Bangkok, and in fact, trading is extremely slow to non-existent, causing the market to stagnate. As has been the case since late June,...
StarKist Faces Accusations Of Trademark Infringement
A complaint filed in the US District Court of Massachusetts alleges that leading canned tuna company, StarKist Co., has conducted trademark infringement in relation to a range of Bella...
Civil Cases Delayed Further As DOJ Investigates Criminal Price-Fixing
The US government has once again requested to put civil lawsuits filed by retailers, consumers and others, on hold, as it continues to build up its criminal case into tuna price-fixing...
Bolton Exec: Italian Tuna Market Growth Is Imminent
Having already strengthened significantly, the demand for canned tuna on the Italian market has good potential to grow even stronger, according to Bolton Alimentari’s International Marketing...
Dongwon & StarKist Want Pre-2011 Conspiracy Claims Dismissed
StarKist and its parent firm, Dongwon Industries, are continuing to work to have any pre-2011 allegations of conspiracy against them dismissed in court, when it comes to a pile of civil cases...
Big Brazilian Brand Gears Up For October IPO
Camil Alimentos, owner of Brazil’s second biggest tuna brand, Coqueiro, is preparing to be listed on the stock exchange, planning to make an Initial Public Offering (IPO) in October this year....