Juan Luis Alonso Escuris, Vice President (VP), Jealsa, discussed ‘The Future Route For Europe’s Tuna Processing Industry’ at the ongoing European Tuna Conference in Barcelona. He delved into...
Trade
European Tuna Conference Begins In Barcelona
The European Tuna Conference 2025, organized by Atuna, kicked off in Barcelona today. Panelists are discussing various topics impacting the European tuna industry throughout the day. The event...
Dongwon F&B Sales Grew In Q1, Sauces & Pet Food Performed Well
Dongwon F&B announced that sales in the first quarter of this year grew by nearly 7 percent compared to last year. Dongwon canned tuna, tuna sauces, and pet food fall under this segment....
Lower Skipjack Supply Drives Price In Manta
Lower supply has pushed up skipjack prices in the Manta processing hub. There is also an added uncertainty of the impact of the US “reciprocal tariffs” on Ecuadorian processors if or when the...
Dampened Skipjack Trading Mood In Bangkok Tuna Hub
The ongoing global economic situation, driven by the US administration, has severely dampened skipjack trade in the Bangkok processing hub. However, there has been some downward movement in...
Major Global Highlights April 2025
April was quite a dramatic month for global tuna trade. Prices in major tuna hubs did not witness noteworthy changes except in the Indian Ocean region. US President Donald Trump kick started a...
Spanish Seafood Company Pesciro Begins Tuna Loining In Vigo
Vigo-based seafood firm Pesciro recently announced it has begun processing tuna into loins. Pesciro recently signed a deal with Frigoríficos de Vigo to operate in the latter’s plant in Bouzas,...
EU Canners Continue To Buy More Skipjack Loins From Within The Bloc
The EU exports of pre-cooked loins were at a five-year high in 2024, with increasing skipjack volumes, followed by yellowfin, comprising the majority of the shipments. There was an incredible...
EU Nations’ Pre-Cooked Loins Business Made Remarkable Growth
EU countries' export of pre-cooked loins increased in 2024, with traded tonnages at the highest level in five years. Spain continued to be the largest sender of this product, with most of the...
Excellent Tuna Sales Drove Alliance Select’s Revenue In 2024
Alliance Select Foods International’s consolidated revenue increased by 28 percent in 2024, driven by good sales in the tuna division. The group’s key business is processing, canning and...
TUNO Owner Atlantic Natural Foods Files For Bankruptcy
US food company Atlantic Natural Foods (ANF), which produces plant-based alternative tuna under the brand TUNO, filed for Chapter 11 bankruptcy proceedings in the Louisiana Eastern Bankruptcy...
Grupo Balfegó Revenue Rose By 23 Percent In 2024
The Spanish bluefin fattening company Grupo Balfegó recently announced that it has closed its 2024 financial year with a turnover of EUR 107.6 million, 23 percent more YoY. According to...
Tuna Products Secure Spot In Seafood Excellence Global Awards
The Boston Seafood Expo is all set to open its doors in the first week of May. Diversified, the organizer of the Expo, recently revealed the finalists for the Seafood Excellence Global awards...
How Is Price-Oriented Canned Tuna Compatible With Sustainable And Responsible Sourcing?
Many EU buyers demand sustainable and responsible tuna products, but a high proportion of private label canned tuna are not certified and more price-orientated compared to brands. How is this...
US Dollar Weakening But EU Tuna Importers Can Rejoice
The US dollar saw an uptick today, but on Monday, it was at its lowest point against the euro since the end of 2021. For almost the entire month of April, the greenback has seen a slide, which...
Is Privinvest Beginning Another Legal Battle Against Mozambique?
The London Court of Appeal granted permission to Abu Dhabi-based shipbuilder Privinvest and the heirs of late owner Iskandar Safa to appeal Mozambique’s victory in a lawsuit over the...
WTO Forecasts Global Trade Volume To Decline Amid Tariffs Uncertainty
The World Trade Organization has said that global trade is facing headwinds from a surge in tariffs and rising uncertainty in trade policies. WTO projected the volume of world merchandise to...
Trump Administration’s New Budget Will Jeopardize NOAA’s Work
The US Trump administration is considering even more budget cuts to the National Oceanic and Atmospheric Administration (NOAA) . Billions could be slashed from the agency’s budget, and NOAA...
What Is The Link Between Transparency & Financial Health For Tuna Companies?
The European tuna industry’s profitability is based on a complex interplay of critical drivers. Fluctuating raw material costs—tuna, steel, and edible oils—alongside import quotas for...
Dongwon & Korean Sportstar “Tuna” Team Up To Donate To Underprivileged Kids
Korean tuna company Dongwon and Park Dong-won, a player from the Seoul-based baseball team LG Twins, are coming together for a good cause. The baseball star will donate KRW 300,000 (USD...