Skipjack raw material trade is keeping level at Bangkok processing hub with only a slight softening in price despite continued high supply. Sources mentioned that deals have been contracted...
Trade
PNG Impending Joint Venture With RD Fishing For PMIZ Project Take-Off
Papua New Guinea (PNG) is pushing forward the Pacific Marine Industrial Zone (PMIZ) in Madang Province and it will be done in two phases. After months of negotiations, the island state has...
Thai Canned Trade Saw Sharp Rise In H1, Egyptian Demand Picked Up
Thai canned tuna producers expanded their trade in H1 2024 with nearly all major global markets, a sharp contrast to the same period in 2023 when business was bad. Canners already had a good...
Major Global Highlights July 2024
July was filled with news over changes in the global tuna industry. A Spanish federal court brought charges against 12 companies and individuals for illegal bluefin smuggling which included...
Japanese Trader Sojitz Expanding In US Tuna Sushi Business
Japanese Sojitz Corporation has purchased the US supermarket takeout sushi business Sushi Avenue Inc. to expand its tuna and seafood operations and to get a foothold in the US. The amount for...
Van Camp’s Lithographed “Colombia Made” Cans Are Head Turners
Iconic Colombian tuna brand Van Camp’s is marketing its products uniquely and creatively wherein two hands are lithographed in bright green on the lids of cans with the term "Hecho por Manos...
StarKist Closes Case With Food Service Tuna Buyers With Massive USD 3.6 Mil Deal
US canned tuna market leader StarKist and its parent company Dongwon Industries have reached a settlement with indirect purchasers of foodservice-size packaged tuna products in a...
Merger Of Newlat Food And Princes Group Is Completed
Princes Limited announced on Tuesday that its acquisition by Italian company Newlat Food S.p.A is complete. The UK food and beverage organization which has a wide range of ambient tuna...
US Seafood Brand Adds Smoked Yellowfin To Its Product Line
North American seafood company Ocean Beauty Seafoods, which mainly sells salmon and sablefish under the ‘Echo Falls’ brand, has introduced a new item: oakwood smoked yellowfin. The fish is...
Obstacles Could Block Successful Implementation Of FDA Lot Codes
The FDA’s Food Traceability Final Rule, scheduled to go into effect on January 20, 2026, has been facing headwinds. This yet-to-be-introduced rule, a part of the US Food Safety Modernization...
EU Pre-Cooked Loins Trade Saw Slight Uptick In Q1
The export of pre-cooked loins among EU nations witnessed a meager hike in the first quarter of this year. Spain continued to be the largest exporter of loins, while Portugal bought the most...
BREAKING NEWS: USD 3.1 Billion In Claims Granted In Tuna Lawsuit Against Privinvest
Mozambique has won a USD 3.1 billion lawsuit at London’s High Court against Abu-Dhabi-based shipbuilder Privinvest and its owner Iskandar Safa in the decade-old controversial tuna bond...
Papua New Guinea Chalks Out Reasons For Asean Membership
Papua New Guinea (PNG) has expressed interest in joining the Association of Southeast Asian Nations (Asean) to enhance trade relations with its existing partners. Foreign Affairs...
Ecuadorian Canneries Grew Business In UK
Tuna was the number one imported seafood in terms of volume in the UK in 2023. It made up 15.2 percent of total seafood deliveries, down from 16.4 percent in 2022. Ecuadorian plants remained...
Thai Union’s New Cold Storage In Ghana Opens Its Doors
Thai Union (TU) wants to ensure that the tuna caught from the Atlantic Ocean is stored well in a temperature-controlled facility around the year. Thiraphong Chansiri, President and CEO of TU...
New EU Citizen Campaign Wants To Stop Fake Food Labels
The European Commission has registered two European Citizens’ Initiative (ECI), one of which is a call for transparent information on food labels entering the Union. Canned tuna products...
Atuna Index Shows Sharp Rise Amid Fall In Global Food Prices
Inflation of global food prices has mainly been on a downward trend in the first six months of this year. On the other hand, another essential food commodity, tuna raw material, has recently...
Vietnam Boasts Of Increased Loins Trade In H1, Origin Rule A Hindrance
Vietnamese tuna exports have risen substantially in the first six months of this year, driven by the Asian nation’s fresh and frozen loins exports. However, the canned tuna business for...
FISH4ACP Program Helps Fund New Tuna Loader For Majuro Dockside Loadings
The Marshall Islands has expressed interest in increasing dockside loadings and containerization at the Majuro Port to raise revenue. The UN FAO, under the EU-supported FISH4ACP program, is...
UK Canned Tuna Volume Sales Dropped In 2023
UK shoppers bought fewer tuna products in 2023 but they spent more on their purchases given the higher prices of canned tuna that year. Tuna continued to be the second-most eaten fish in this...