The Mozambican government is working to restore the trust of the International Monetary Fund (IMF) and the country’s other international partners after the economic crisis caused by billion...
Trade
The People Who Eat 3.5 Billion Cans Of Tuna
Spain is the largest tuna processor in Europe, feeding its massive domestic market, with consumers in the country having one of the strongest tastes for tuna in the world. Around 3.5 billion...
Consumers Pay More For Certified Products
As part of a growing European-wide trend of sustainability orientated customers, there has been a sharp increase in demand for certified seafood products from within the Netherlands, with over...
There’s No Plan B For Ecuador
There is no other option for Ecuador if it doesn’t secure the still pending multilateral free trade agreement with the EU, Peru and Colombia, says the country’s Minister of Foreign Trade, Juan...
The Revenue Loss Of The Top 3 Tuna Exporters
None of the biggest global canned tuna suppliers could avoid significant slumps in their export revenues last year, on the back of low tuna prices and stagnant demand in the largest import...
Walmart Suffers From “Food Deflation”
Walmart’s UK branch, Asda, has posted its worst quarterly sales performance on record, and blames food deflation and the competitive environment in the retail market, as there is a clear shift...
Can Ecuador’s Neighbors Solve Its Tuna Shortage?
Ecuadorian canners have been granted access to an extra pool of whole round tuna that qualifies for duty free trade with the European Union. Reports from Andes state that the EU has lifted a...
Tuna CEO Allegedly Laundered Millions
A Mexican man and owner of a tuna company was targeted by the US on Tuesday, for his alleged role in assisting the infamous Sinaloa Cartel associated with drug lords Joaquin "El Chapo" Guzman...
Adventurous Shoppers Buy More Tuna
More exploratory shoppers have led to an increase in sales of more unusual fish types in the UK market, and could be the driving force behind a recent increase in sales of fresh and frozen...
The Post Brexit Surge In Tuna Prices
Tuna buyers in the UK are really starting to feel the impact of the post Brexit inflation, with some stating that the extra cost of their imports will soon have to be passed to the consumer. A...
Conxemar Expansion ’’Urgent’’
The seafood event Conxemar has been forced to leave out dozens of companies from this year’s happening due to a lack of exhibiting space. The International Frozen Seafood Exhibition in Vigo,...
Skipjack Price Breaks Away From The Flat
After staying steady since early July, the benchmark skipjack market in Bangkok has shown its first increase in weeks, albeit slight. Following around six weeks at the USD 1,400 per ton level,...
Thai Union Can’t Confirm Rumors On Nirsa
Recent press reports have sparked rumors over whether Thai Union is in talks to buy Ecuadorian canned tuna processor, Nirsa, but TU has told Atuna that it cannot comment on the matter. As a...
TU Brings Home Leadership Awards
Thai Union has been named as having the best CEO and CFO among other Thai firms in a new investor poll. The company topped the IAA Award among Thai listed firms in the 7th annual Investment...
PNG Frets Over Losing UK Tuna Trade
Officials in PNG are concerned over the possibility of losing duty free tuna trade with the UK, following the country’s Brexit vote earlier this year. In recent years, the UK has been the...
Tesco Lists New Princes “Drained” Tuna Range
The UK’s leading food retailer has started selling a new drained tuna range from Princes, which is not MSC certified or caught by pole and line. The drained product line hopes to give...
US Big 3: Lack Of Evidence To Prosecute
Two of the three defendants of the US canned tuna price fixing case have filed motions to be removed from proceedings, claiming that the prosecution has not produced enough evidence to warrant...
Thai Union Gets Exemption To Haul GBPs In
As one of few companies recently awarded a treasury-center (TC) license from the Bank of Thailand, TU has secured itself currency import exemptions at a time when some of its subsidiaries’...
Dongwon “Hand Packed” MSC Albacore Hits US Shelves
Under the brand name ‘Blue Harbor’, a range of MSC certified albacore products are hitting the shelves of US retailers, and Dongwon-owned StarKist appears to be behind the move. The brand...
TU Firms Grip On Vietnamese Canner
Continuing with its M&A trend, Thai Union is now planning to up its stake in Vietnamese canned seafood processor, Yueh Chyang Canned Food Co. (YCC). TU’s subsidiary firm, Songkla Canning...