Dongwon Group is still in the competition to buy a majority stake in Korean shipping line HMM, but this could affect the financial status of its subsidiary StarKist, the top tuna brand in the...
Trade
Americans Increased Online Canned Tuna Buying In 5 Years
Americans continue to buy their canned tuna from traditional grocery stores but there is a rising trend of tech-savvy consumers choosing to purchase their products online. Since 2018, the tuna...
EU Canned Tuna Imports Picked Up In Q3
The buying trend by EU traders and retailers seen this whole year continued in the third quarter. Less canned tuna was bought from European processors, meanwhile, foreign canners could...
Dongwon Appoints Financial Expert As New StarKist CEO
Dongwon Group has announced Choi Young-jo as the new CEO for its US affiliate StarKist. Young-jo was appointed as the CFO for the top canned tuna brand in 2022 and stepped into the...
Readers: Thai Union Should Get Rid Of Red Lobster
Red Lobster continues to eat into Thai Union’s net profits and the Asian tuna company does not seem to see light at the end of the tunnel. Thai Union had previously announced that it is...
Tuna Container With Cocaine Was Under The Gaze Of Spanish Officials
The Spanish authorities were closely monitoring the container which carried 7.2 tons of cocaine, hidden inside boxes of frozen tuna, which was seized recently at the premises of the Galician...
Washington State Residents To Receive Millions In Restitution From Tuna Price-Fixing Lawsuits
After three years of the state of Washington bringing a lawsuit against tuna companies for price-fixing shelf-stable tuna products, its residents will finally receive restitution for the harm...
Bumble Bee Urges Young Consumers To ‘Eat BEEfore You Eat’
Bumble Bee has partnered with popular American actress and social media influencer Christy Carlson Romano to kick-start the ‘Eat BEEfore You Eat’ campaign ahead of the holiday season....
Massive 7.2 Tons Of Cocaine Seized From Tuna Cargo In Galicia
Spanish authorities seized 7.2 tons of cocaine from a container carrying boxes with tuna cans at the premises of Azzurro, a company in Cambre, in the northwest of Galicia. This is the largest...
Fijian Processors Lost Albacore Loins Business In The US
US demand for frozen pre-cooked loins continued its downward trajectory in the third quarter of 2023. Fijian and Thai processors lost the most business compared to other suppliers. A total of...
StarKist Strengthens Its Pouch Segment By Launching New Flavors
StarKist is basking on the high consumer demand for tuna pouches in the US market and has launched several novel products under its ‘Tuna Creations’ and ‘Lunch-To-Go’ lines. ‘Tuna Creations’...
EU Keeps Promise And Donates EUR 1 Mln To WTO Fund
The European Union donated EUR 1 million last month to the World Trade Organization (WTO) Fisheries Funding Mechanism to combat IUU fishing and support sustainability in tuna fisheries. EU has...
Is EU Catch Certificate Holding Up Canned Tuna Business From 3rd Countries?
Exporting canned tuna from third countries such as Thailand and Papua New Guinea (PNG) to the EU is not easy, say some processors. While ensuring all regulations are met, producers are held up...
US Consumers Preference For Pouched Tuna Leads To Imports Rise In Q3
US brands and retailers imported more tuna pouches in the first nine months of 2023. This confirms the steadily growing consumers’ preference to buy easy-to-eat pouched tuna. American buyers...
SKJ1.8:BKK On Bearish Path, No Bangkok Bottleneck Yet
The Thai processing hub is anticipating a huge influx of frozen whole round skipjack supply in the coming weeks. Currently, there is no sign of a Bangkok bottleneck situation occurring, that...
Maltese Tuna Farmers Accused Of Greenwashing
The Maltese tuna farming industry has been accused of greenwashing because while they have an ocean clean-up campaign, their ranches continue to pollute the country's waters . This summer, two...
WCPO Transshipments Hit 5-Yr Peak, Processing Hubs Awaiting Massive Supply
Tuna processing hubs can expect a glut in raw material supply in the coming weeks given that a record-high volume of fish was transshipped from PNA ports in October. This tonnage will impact...
HMM Crew Furious Over Possible Sale To “Irresponsible Companies” Like Dongwon
The Korean shipping line HMM is closer to tapping a bidder. However, the Federation of Korean Seafarers’ Unions (FKSU) has vowed to stop the sale to Dongwon Group or poultry producer Harim...
Madrid Can Now Taste “A Piece Of Almadraba”
Spanish bluefin processor and trader Petaca Chico has opened a new outlet named “Almadraba Experience” in the indoor marketplace Mercado De La Paz in Madrid. Visitors can relish different...
Marine Fuel On Downward Trend, But For How Long?
Crude oil prices have fallen from last week, as buyers await news from a meeting of producing nations onThursday. Marine fuel has also fallen in the wake of global crude. OPEC+, which combines...