The European Commission wants the catch certification process and all linked procedures into a digitized system to prevent IUU-caught tuna and other seafood from entering the bloc. The IT...
Trade
US Dockworkers’ Strikes May Have Spillover Effect On Tuna Sector
The US supply chain for numerous foods and goods has been impacted by the dockworkers' strikes across major ports from Maine to Texas which began on Tuesday. However, tuna cargo might not be...
Sajo’s Premium Tuna Can Sales Thrive On Consumers’ Love For Simple Gourmet
Korean seafood company Sajo Daerim recently announced that the sales of its premium canned tuna products have grown exponentially. This line was launched at the beginning of last year. Sajo...
Indonesia Commences Canned Tuna Exports To Canada
Indonesia exported its first cargo of canned tuna products to Canada earlier this week. Java-based fishing company PT Pasifik Masami Indonesia will send consignments valued at USD 10 million...
Spain’s Main Party Urges Congress To Block Tuna From Thai FTA
Removing canned tuna from the EU-Thailand free trade agreement (FTA) is a major priority for Spanish producers and their call has been taken up by the country’s foremost political party...
Small-Sized IO Skipjack Depress Price
Indian Ocean skipjack and yellowfin catches are lagging behind the level of last year. Some boat owners expect to have around a third of less catch this year. The price went down a little as...
EU Will Not Provide Level Playing Field For Its Tuna Processing Industry
The EU’s different sustainable standards and regulations for canned tuna produced in third-world countries and within the bloc have irked its tuna processors. Producers have been demanding...
Major Global Highlights September 2024
September proved to be an interesting month for the global tuna industry. Skipjack prices in processing hubs saw an increase including Bangkok. An MSC Independent Adjudicator ruled in favor of...
Lower Supply Drives Up Bangkok Skipjack Price
Thai processors are paying higher prices for stripped tuna due to lower supply, equal demand, and fierce competition. The Bangkok skipjack price is on the rise after it recently bottomed out....
Uptick In Yellowfin Sales Boosts Cape Verde’s Exports
Cape Verde’s Export Price Index saw a 26 percent spike in August, from the previous month in 2024, due to its high yellowfin sales. This led to the Terms of Trade Index (the value of a...
Stage Is Set For 25th Edition Of Conxemar
Conxemar is all set to host the 25th edition of its frozen seafood exhibition in Vigo from October 1 to 3 under the theme ‘Responsibility for the future’. This year’s edition will have 13...
What Changes Will The EU CATCH System Bring For Importers?
IUU fishing practices is estimated to cost EUR 10 billion every year worldwide and seafood caught using these methods amount to 19 percent of the global reported value of catches, according to...
Do Logos Deliver On Their Promise To Consumers?
Dutch NGO Milieu Centraal has investigated hundreds of sustainability logos on consumer products for their promise and whether buyers can rely on them. MSC came out as a reliable logo for...
Economic Conditions Improved For WCPO Seiner Fishery In 2023
In 2023, the economic health of the tropical tuna purse seine fishery in the WCPO improved compared to the year before when high marine diesel prices pushed by the Russia-Ukraine war impacted...
Gomes da Costa’s New Campaign Promotes Tuna And Pasta Combo
Brazilian tuna brand Gomes da Costa, owned by Nauterra (formerly Grupo Calvo), recently released its latest ad promoting tuna in pasta. The makers have used a pinch of humor featuring the can...
NGO Calls On EU For Extension Of Traceability Information On Processed Seafood
The EU has one of the strongest legal frameworks preventing IUU fish and seafood from entering its market. Where it excels in fresh and frozen imports, it lags behind in canned tuna and other...
Maltese Bluefin Company Expands Operations To China
Mediterranean Bluefin Industry Development (MBID) is the first Maltese farming company to be registered in the free trade port of Hainan Province in southern China. A company spokesperson said...
Dongwon’s Competitor Launches New Flavors Of Ready-To-Eat Tuna
Korean tuna brand Ottogi, one of Dongwon's main competitors in the national market, recently launched pouched tuna in three new flavors –Old Sesame Oil Tuna, Gold Mayo Tuna, and Spicy Mara...
Skipjack Transshipments Worth USD 5 Billion
Global tuna transshipments in 2018 amounted to USD 10.4 billion at the final point of the sale. Skipjack was the most transferred fish and valued at more than USD 5 billion. Most of the...
Global Tuna Transshipments Worth More Than USD 10 Billion Driven By Seiner Activity
Annually, more than 27 percent of the global tuna catch is transshipped and they are worth billions of dollars, according to the latest study commissioned by The Pew Charitable Trusts. On...