The traditional first bluefin auction on January 5 began early in the morning and the 276-kg fish caught off the coast of Oma in Aomori Prefecture was sold for JPY 207 million (USD1.32...
Trade
China Reaped Benefits In Pre-Cooked Loins Trade With EU Canners In Q3 2024
EU canners’ demand for frozen pre-cooked loins rose in the first nine months of 2024. Chinese processors' business thrived during this period. Usually, they sell their products in Q1 when...
Maldivian Economy Impacted From Poor Tuna Sector’s Performance
The purchase of pole-and-line tuna by domestic processors declined by 44.9 percent up to November in 2024 according to the latest Maldives Monetary Authority (MMA) report. The consequences for...
EU Canned Tuna Imports Continued On Downward Path In Q3
EU canned tuna imports in the first nine months of 2024 fell slightly compared to the year before. Products from both non-EU and European processors dropped, mainly Ecuadorian tuna business...
Year In Review
2024 is coming to a close and what a year it has been for the global tuna industry. The Red Sea Crisis pushed freight prices to the peak in April hindering canned tuna trade but the delayed...
Financial Analysts Predict Dongwon F&B’s Fate For 2025
Korean-based Hyundai Securities stated last week that Dongwon F&B, which produces tuna products for the national market, would face difficulties in domestic growth. Despite this, Hyundai...
Bearish EUR Against USD Impacts Tuna Trade
The parity of the euro and the US dollar came to a close on Wednesday when the greenback strengthened against the euro. This is no good news for EU retailers and brands that purchase their...
President-Elect Trump Throws Weight Behind US Dockworkers
US President-elect Donald Trump has backed US dockworkers’ anti-automation stance. The International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) employer group...
Manta Skipjack Price Stable As Year Ends
There has been minimal movement in the price of frozen whole-round skipjack traded in the Manta processing hub. Veda reduced supply while demand from processors also fell as the year comes to...
Vietnamese Processors Disappointed As Business Dropped In November
Vietnam was expecting exponential growth in its tuna exports as 2024 comes to a close. But business in November was disappointing for the Asian nation’s tuna producers. Export sales value for...
CEIPA’s Director On Ecuador Tuna Processing Sector Being Stronger Than Ever in 2024
The Ecuadorian tuna sector is a behemoth and this year has proven to be triumph for it with a massive increase in exports. Monica Maldonado, Executive Director of the Ecuadorian Chamber of...
MIFCO Appoints First Foreign CEO
The Maldives Industrial Fisheries Company (MIFCO) has hired a Ukrainian national, Vitaliy Lyubimov, as its new Chief Executive Officer (CEO). Lyubimov, who is the first foreign national to...
Court Orders Atunlo To Share Its Cold Stores Inventory Data
The Commercial Court in Pontevedra has ordered that Spanish processor Atunlo share precise documentation of its inventory in third-party cold stores. Atunlo is in the middle of a bankruptcy...
Trading Doldrums In Bangkok Processing Hub, Skipjack Price Stable
Tuna trading is in the doldrums in the Bangkok processing hub as 2024 comes to an end. Demand and supply are balanced which is reflected in the minimal price movement of frozen whole-round...
MEPs Question European Commission Over Mercury In Tuna
There is debate at the EU level whether canned tuna is safe to eat despite its mercury content. Several members of the European Parliament (MEPs) recently submitted written questions asking...
Anfaco’s Hit Campaign Promoting Tuna Attracting Millions
Spanish canning association Anfaco launched an online campaign to promote the consumption of canned tuna and other seafood as a nutritious, easy-to-cook, and delicious meal option among...
Thailand Adjusts Global Corporate Tax To 15%, Implications For Thai Union
The Thai cabinet has approved the global minimum corporate tax (GMT) taking effect as of January 2025. The country is expected to apply a 15 percent GMT to multinationals beginning next year...
Korean Tuna Pet Food Found “Unsuitable” For Taiwanese Cats
The Taiwanese government recently conducted tests on pet food imported from Korea. A tuna item was found to have “mercury exceeding about 8 times the Taiwanese standard of 0.4 ppm.” The...
US Food Service Increased Canned Bonito Imports
US food service importers increased their canned bonito buying in the first nine months of this year. There was also a significant difference in their sourcing with increased shipments from...
European Tuna Conference 2025 Theme Revealed
Atuna is organizing the European Tuna Conference on May 5, 2025, in Barcelona, Spain. We are very happy to announce the ETC2025 theme: Navigating The Evolving Tuna Landscape: Balancing...