Earlier this month, Kim Dong-chan, a third generation family member of Dongwon, joined as a staff member in the marine and fisheries division of Dongwon Industries. The 25-year old is the...
Trade
US Canned Bonito Imports Rose In 2024
US food service buyers imported slightly more canned bonito in 2024 compared to the year before, boosted by more Vietnam-produced items. The average price of the products remained stable YoY....
Thai Union’s Pte Label Tuna Sales Took A Hit In Q1
Thai Union’s ambient segment, which comprises largely canned tuna, did not perform well in the first quarter of this year. The company sold 80,069 tons of ambient items in Q1 2025, a 7.1...
Portuguese Demand For MSC Tuna Fell Last Year
The volume of MSC tuna sold in Portugal dropped in 2024/25. This market already has meager levels of sustainable tuna available for consumers. Canned skipjack was the most preferred product....
US Retailer C&S Announces Relaunch Of Canned Tuna Pte Label
US-based C&S Wholesale Grocers announced last week that it has relaunched its private-label brand ‘Best Yet’, under which it sells two canned tuna items: Chunk Light Tuna and White...
Can Thai And Vietnamese Tuna Producers Expect Good News On US Tariffs?
Earlier this week, the US and China de-escalated their trade war as Washington reduced its import tariffs on Chinese goods to only 30 percent. Meanwhile, Beijing cut down duties on US products...
Indonesia Tightens Tuna Trade With UAE
Indonesian tuna company PT Dempo Andalas Samudera recently sent its first shipment of tuna products to the United Arab Emirates, one of the Asian country’s largest markets for the fish. The...
US And China De-Escalate Trade War With Slashed Tariffs
The US and China agreed to reduce the tit-for-tat tariffs imposed on each other, thus tapping the brakes on a two-month-long trade war. Discussions between officials of both nations were held...
Sluggish EU Canned Tuna Exports In Q4 Affected 2024 Result
Canned tuna export by EU processors and traders was promising at the beginning of 2024, but sales in the last three months underperformed compared to last quarters of previous years. In 2024,...
Thai Union’s Canned Tuna Sales Slumped In Q1
Thai Union Group did not have a good start to the year. It reported that the company's revenue decreased in the first quarter of this year due to sluggish sales across all categories, except...
Italians Preference For MSC Tuna Dropped In 2024
The demand for MSC tuna witnessed a dramatic drop in the Italian market during the 2024/25 period. For the first time, skipjack in cans became the most sold item, overtaking yellowfin, which...
Century Pacific’s Q1 Results Confirm Full-Year Outlook
Century Pacific Food reported a double-digit sales increase and net income growth in the first quarter of this year. The expected higher import tariffs by its main export market, the US,...
Seafood Expo Global Ends On A High Note
The Seafood Expo Global, the world’s largest seafood trade event, is ending today in Barcelona. From May 6 to 8, thousands of attendees visiting the halls, which featured products and services...
Grupo Consorcio Names Experienced Food Expert As New CEO
Spanish canning company Grupo Consorcio appointed Jesús Gómez as its new CEO on its 75th anniversary. Gómez, an agricultural engineer, has extensive experience in the food and retail sectors....
US Cell-Based Tuna Producer Sees Growth Prospects In UK Market
US cell-based seafood producer BlueNalu is all set to hit the market, with California to become its "first port of entry for its cultivated bluefin". It recently announced a partnership with...
EU Processors Recovered Imports Of Frozen Whole Round Tuna In 2024
European tuna processors purchased approximately 40 percent more frozen whole-round tuna in 2024 year on year. This could be attributed to a large increase in supply from fleets in South...
Dongwon F&B’s Tuna Belly In Soy Sauce Hits Korean Stores
Dongwon F&B announced on April 29 that it has launched a new product, ‘Dongwon Tuna Belly Deep Soy Sauce Flavor'. The product, as the name suggests, is made from tuna belly, but the...
Seafood Expo Global Opens Its Doors
The Seafood Expo Global/Seafood Processing Global has begun today in Barcelona with thousands of industry suppliers and buyers worldwide present. Numerous tuna companies are participating in...
Sales Of MSC Labelled Tuna Growing Exponentially
The Marine Stewardship Council (MSC) published its annual Tuna Yearbook on May 2, World Tuna Day. It revealed that the volume of tuna sold with the MSC label grew by 24 percent in 2024/25. The...
Is There Still Room To Grow For Tuna Industry?
Tuna stocks in most oceans are at a healthy levels but has the tuna industry reached peak catches? Antonios Tzikas, COO of Greece based family run processor Konva, stated that the growth...