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...
Trade
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...
Spanish Canners Sold Less To Foreign Markets In Q1
The export of canned tuna from the EU witnessed a slight increase in the first quarter of 2024. Processing countries saw some decline in their trade, but redistribution hubs were the driving...
More Canned Tuna Exported To EU Internal Markets In Q1
After a slump in 2023 for EU canned tuna exports, trade picked up in the first quarter of 2024. There was more demand from within the bloc, despite the record-high average price. EU processors...
CrowdStrike Global IT Meltdown Had Minimal Impact On Tuna Industry
A global outrage caused by a flawed software update from US-based cybersecurity company CrowdStrike halted thousands of businesses worldwide on July 19. The activities at major ports in the EU...
WCPO Transshipment Volumes Hit 5-Yr Peak In June
The highest tonnage of tuna was transshipped through PNA ports in June, a five-year peak. Carrier activity increased last month since there was a slight jump in catches. Micronesian ports...
Armed Forces Recover Stolen Tuna Truck In Manta
The Armed Forces of Ecuador intercepted in Manta a stolen truck carrying tuna raw materials for the Eurofish canning facility in Manabí. The GPS tracking device placed inside the truck led the...
Freshly Landed Bigeye & Yellowfin Sales Prices In Japan Dropped In May
The landing prices of fresh yellowfin, bigeye, and bluefin across major ports in Japan fell in May, according to the latest data from the country’s Fisheries Ministry. Bigeye is used in sushi...