Newly elected US President Donald Trump will take over his duties on January 20, and this could likely stir the global tuna and seafood industry. On November 25, Trump proposed a 25 percent...
Trade
SKJ1.8:MNT Price Continues Soaring
Skipjack raw material value traded in the Manta processing hub has risen as veda continues. Despite the reduction in large purse seiners fishing in the EPO, supply and demand are almost in...
Thai Canners Buy Record Raw Material Tonnage In Q3
Thai producers are on their way to hitting the 700,000-ton mark in frozen whole-round tuna imports. In the first nine months of this year, they had already imported close to this volume. In...
Insight Into Beneficial Owners Can Improve Reefer Transshipment Operations
“Better insight into the beneficial ownership of vessels involved in transshipment and their operational patterns could lead to more effective management,” stated a new research paper on...
Thai Pet Food Producers Experienced Amazing Sales In Q3
Thai pet food producers have been raking in a lot of money this year as their exports continued to rise. Up to the third quarter of 2024, they shipped 68 percent more to major markets...
US Dollar And Euro Approach Parity By A Hair’s Breadth
Since Donald Trump was elected as the new President of the United States on November 6, the dollar began to strengthen against the euro nearing parity. This makes the tuna product imports for...
EU High Demand For Yellowfin Whole Rounds Boosted H1 Imports
EU importers' demand for whole-round frozen tuna grew in the first half of the year. There was already a volume hike in Q1 2024 and this momentum continued into the second quarter of this...
Spanish Govt And Tuna Association Work Together On National Food Strategy
The Spanish government has begun to work on a National Food Strategy (NFS). The Minister of Agriculture, Fisheries and Food, Luis Planas, met representatives from the various national food...
Thai Union North America CEO Steps Down
Thai Union announced that Bryan Rosenberg has stepped down as the CEO of Thai Union North America, effective from January 1, 2025. Rosenberg has been spearheading Chicken of the Sea...
Spanish Processors’ Canned Tuna Exports In H1 Remained Strong
The export of canned tuna from the EU increased in the first half of this year compared to the same period in 2023 despite a slight drop in the tonnage from some of the suppliers. Spanish...
US Consumers Increased Canned Tuna Buying As Prices Fell In October
Food prices in the US rose in October but those of fish and seafood dropped, which consequently increased sales in the ambient segment such as canned tuna. It was expensive to eat at home due...
Maruha Nichiro Confident To Turn Around Disappointing H1 Results
Maruha Nichiro’s net sales increased in the first half of its financial year, but higher costs and lower revenue for its Marine Resource businesses with tuna fishing and farming units...
Thai Union Stock Plunged After Q3 Numbers Release
After falling for nearly two weeks, the price of Thai Union Group’s shares rose slightly today. Given the strong correlation that the Group’s performance has, the Atuna Stock Index also...
EU Canned Tuna Export Grew Further In H1
European canners and traders continued the upward trend in exports of canned tuna in the first six months of 2024, which was set in Q1. Most products were purchased internally with Italy and...
Bumble Bee’s Annual Advent Calendar Has A Twist
The holiday season is around the corner and Bumble Bee introduced its ‘2024 version of the Tuna Lovers’ Advent Calendar’ that sings the newly recorded version of the 1970s Bumble Bee jingle by...
Manta Skipjack Price Shoots Up As Veda Begins
Many large purse seiners have stopped fishing because of the veda which began last week. For now, the skipjack tuna supply to Manta canneries seems sufficient as these vessels are still...
Demand For Private Label Tuna Drove Thai Union’s Earnings
Thai Union’s ambient tuna segment, which comprises canned tuna and other seafood, did very well from January to September this year. The company sold 261,351 tons of branded and private-label...
Spain And Portugal Team Up To Strengthen Iberian Canning Sector
Canning associations Anfaco and ANICP from Spain and Portugal, respectively, signed a Memorandum of Understanding (MoU) last Monday. The agreement aims to promote the Iberian tuna canning...
Thai Canned Tuna Trade Up To Q3 Expanded In Americas
Canned tuna exports to the Americas grew by 27 percent from January to September this year. Business with most markets expanded and, the average FOB price remained stable with only a one...
Vietnamese Tuna Traders Expect Sales Boost As Free Trade With UAE Is Sealed
United Arab Emirates (UAE) and Vietnam signed a comprehensive economic partnership agreement (CEPA) last month after a year of negotiations. Vietnam Association of Seafood Exporters and...