Chicken of the Sea has announced the arrival of three industry veterans to the firm, a Thai Union subsidiary, which it states is part of its continued efforts to encourage company growth. The...
Trade
Slowing Supply Pushes Skipjack Price Up Further
To secure sufficient raw material for end of March arrivals, Bangkok packers are now paying increased prices to boatowners, on the back of slowing supply, which has driven another jump in the...
The EU’s Cheapest Canned Tuna Just Got Cheaper
Commonly sold with a premium price tag attached, pole and line caught tuna products in the UK are bucking this trend, with some private label cans actually decreasing in price while...
NOAA Creates Loophole For Euthynnus Imports
Despite stating that it is aware of reports of rocketing imports of tuna-like species into the US market, NOAA appears to be allowing purchases of the likes of frigate and bonito-type tunas to...
US’ Largest Tuna Retailer Hit By Online Sales
Selling almost a third of tuna in the United States, and with more than 11,500 stores worldwide, Walmart has reported its worst sales performance in 35 years, underlining stiff challenges...
The Price Of Thai Union’s EU Market Expansion
Termed as its ticket to increased penetration of products in the German tuna market, Thai Union has finally disclosed the cost of its 51 percent stake recently snapped up in Rügen Fisch, a...
High Trading Activity From Gulf Drives Up BKK Price
High trading activity on canned tuna in the Middle East at the ongoing Dubai Gulfood trade fair, and the consequent demand for raw material, has bolstered the Bangkok skipjack market somewhat,...
Tax Watch Identifies Frauds With Tuna Duties
The Philippine Department of Finance (DoF) in its latest Tax Watch, has noted that there were discrepancies in the declared value of frozen tuna imports in January. The shipments related...
Attendees Give Top Ratings To First Americas Tuna Conference
It’s been almost a month since Atuna held the world’s first Americas Tuna Conference which was hosted in Panama City, Panama. The two day conference centered on the theme: ‘The Brave New World...
Thai Union Moves Towards Online Sales
Thai Union has revealed that it will launch its new online shop this March, a move that has been approved by the company’s board of directors. Thai Union Online Shop Co., Ltd. will provide a...
Two Large Foodservice Tuna Buyers Merge
Major US foodservice canned tuna buyer, Sysco, is planning to snap up UK based foodservice firm Brakes Group from Bain Capital Private Equity in a massive USD 3.1 billion deal that will give...
How Tuna Finds Its Way To War-Torn Libya
While civil war still persists in Libya, and buyers struggle to get their hands on foreign currency, the nation’s strong appetite for tuna might not be fading. Despite the country’s canned...
Has GSP+ Been That Beneficial For The Philippines?
While the Philippines’ overall shipments to the EU climbed a notable 27 percent in value during the first half of 2015, in terms of tuna exports to the community there has been no firm...
Bangkok SKJ Price Edges Up As Sellers Remain Firm
With low tuna trading activity still continuing in Bangkok, some boatowners are standing firm on asking for highly increased skipjack raw material prices. Now at USD 1,200 per ton, the global...
Century Stock Recovering from Sharp Drop
The beginning of the new year has seen a slightly rocky start for the Philippines’ leading canned tuna producer, Century Pacific, as shares in the company dropped to an all-time low in...
Is Canada Losing Its Taste For Thai Canned Tuna?
Finding itself next door to the world’s biggest consumer of canned tuna, North American nation Canada is often overlooked in favor of its US powerhouse neighbor, but with an ambient seafood...
Ecuador Expands Elsewhere After Losses In EU
In the midst of a drastically cut volume of canned tuna exports to the EU, their most important destination market, it looks like Ecuadorian processors have been looking to buyers in other...
Calvo To Focus On Expanding Latin American Market
The Calvo Group has announced that it will focus its business strategy on Latin America over the next three years, seeing huge potential for growth in national markets in the region. Speaking...
Weakening Dollar Serves EU Tuna Buyers
Despite the global whole round tuna price now rising from dramatically low levels, the weakening of the US dollar against Europe’s leading currency is somewhat offsetting the financial impact...
Mexican Tuna In US Hardly Affected By Actions Of Dolphin Activists
New data has revealed that despite US consumers and retailers being subjected to vast high-profile attacks regarding the selling of Mexican tuna, the Central American country’s exports of...