The company behind Century Tuna has been named Asia’s “Marketing Company of the Year”, knocking another 15 finalists out of the contest. Century Pacific Food Inc., the Philippine’s largest...
Trade
ASEAN Market Most Promising For Vietnam
Vietnam tuna exports to the Association of Southeast Asia Nations (ASEAN) have emerged as the most promising, at a time when shipments to other major markets like the US, the EU and Japan have...
Albo Buy Ignites Share Surge For Chinese
Buying Spanish brand Albo has been a big hit with investors, as Shanghai Kaichuang’s (SK) publically listed shares soar to one of the highest peaks of the last five years. In June this year...
Tuna The Biggest Loser In UK Seafood Sales
UK sales of ambient tuna have decreased at a heavier rate than other popular canned fish products on the market, like salmon and mackerel, according to recent data from Nielsen Research...
Tax Break For Ecuador’s Tuna Exporters
The government is offering tax breaks to some groups of exporters within Ecuador, including canned tuna producers, after a substantial strengthening of the US dollar hit their competitiveness...
Where Thai Union Makes Most Profit
Contributing around 70 percent to TU’s gross profits from tuna in the first quarter of this year, branded sales from the likes of John West, Chicken of the Sea, Petit Navire and more, are...
The Worst-Case Scenario For TU
Following Tesco’s announcement that from today it will delist around 20 percent of John West products from its UK stores, leading analysts in Thailand have stated what they believe is the...
Man Jailed For Lidl Tuna Theft
A man has been sentenced to five months in prison for trying to steal more than 100 cans of tuna from a Lidl store in Spain in January this year. After emptying the preserves section of the...
Falling Prices For EU Fresh Tuna Sales
Over the past few years, several reports have suggested that an increasing quantity of Atlantic bluefin tuna is being marketed and consumed in EU nations, as catch quotas grow. This year a...
Non-EU Exports Lift Spanish Tuna Sales
After a consecutive two year slip, Spanish seafood exports shot up 15 percent in volume during the first quarter of 2016, with increased tuna shipments to non-EU countries seen as one of the...
Japanese Show Disinterest In MSC
A study released this year by NGO Ocean Outcomes titled “Opportunities for Sustainable Fisheries in Japan,” shows that Japanese consumers are generally unwilling to pay more for seafood with a...
New England Sees Shooting Profit From Sushi
Surging by over 55 percent year on year, New England Seafood’s profit hike stands out sharply in the company’s most recent financial statement (year ending October 2015), with a big thanks to...
TU’s MSC Tuna Shift Starts Early
This week Thai Union brand Mareblu, which leads in the Italian canned tuna market, has launched its first MSC certified product. The move sees an early shift within a target set by TU to make...
Should FAD-Free Collusion Be A Crime?
The Big 3 tuna brands in the US have been accused of collusion to refrain from offering FAD-free tuna products, according to prosecution documents that are part of a US price fixing...
Will ‘Cumulation’ Create Massive Boost In Philippine Output?
The Philippines may be on the path to a strong acceleration in its canned tuna free trade with the EU, as it works to gain access to both Indonesian and Vietnamese tuna catches to use as...
Tesco To Drop John West Tuna Next Week
Some core John West tuna products will be delisted from Tesco shelves as soon as next week, the retailer has announced, as it follows up on its recent sustainability commitments for branded...
TU To Open Global Trading Center
Thai Union is working to set up an international trading center in Bangkok as part of its work to give the company a global image. The center will help launch its emerging market business...
Tri Marine Dropped From Price-Fixing Case
US tuna fishing and processing firm, Tri Marine, is no longer named as a defendant in the amended United States canned tuna price fixing case. Along with the US Big 3 canned tuna brands,...
Investors Enjoy Bullish Century Stock
Since the start of the month, there’s been a boom in Century Pacific’s stock, taking shares to a value they’ve never touched before. Investors enjoy a substantial 20 percent return on holdings...
Discounters Steal Bigger Seafood Sales Share
Discount retailers Aldi and Lidl are successfully reducing the gap between their more traditional UK competitors by increasing their market share of total sales of fish products. Tesco,...