While the Philippines’ overall shipments to the EU climbed a notable 27 percent in value during the first half of 2015, in terms of tuna exports to the community there has been no firm...
Tuna Trade News
Bangkok SKJ Price Edges Up As Sellers Remain Firm
With low tuna trading activity still continuing in Bangkok, some boatowners are standing firm on asking for highly increased skipjack raw material prices. Now at USD 1,200 per ton, the global...
Century Stock Recovering from Sharp Drop
The beginning of the new year has seen a slightly rocky start for the Philippines’ leading canned tuna producer, Century Pacific, as shares in the company dropped to an all-time low in...
Is Canada Losing Its Taste For Thai Canned Tuna?
Finding itself next door to the world’s biggest consumer of canned tuna, North American nation Canada is often overlooked in favor of its US powerhouse neighbor, but with an ambient seafood...
Ecuador Expands Elsewhere After Losses In EU
In the midst of a drastically cut volume of canned tuna exports to the EU, their most important destination market, it looks like Ecuadorian processors have been looking to buyers in other...
Calvo To Focus On Expanding Latin American Market
The Calvo Group has announced that it will focus its business strategy on Latin America over the next three years, seeing huge potential for growth in national markets in the region. Speaking...
Weakening Dollar Serves EU Tuna Buyers
Despite the global whole round tuna price now rising from dramatically low levels, the weakening of the US dollar against Europe’s leading currency is somewhat offsetting the financial impact...
Mexican Tuna In US Hardly Affected By Actions Of Dolphin Activists
New data has revealed that despite US consumers and retailers being subjected to vast high-profile attacks regarding the selling of Mexican tuna, the Central American country’s exports of...
Sellers Firm On Higher Skipjack Price
With the bearish mood on Bangkok skipjack (SKJ1.8:BKK) ended, traders and boatowners in the Thai capital are now asking for substantially higher prices for their raw material, pushing the...
The Highs And Lows Of Thailand’s New Mega Market
While many major markets lost their appetite for Thai canned tuna over 2015, there was one nation in particular that became an even more prominent destination for the product. Egyptian buyers...
Tuna Bond Investors Nerves Over Next Payment Date
Yields on Mozambique’s USD 850 million tuna bond debt have soared to a record high level ahead of the next repayment date due in early March, as investors await a restructuring proposal from...
Maersk Ownership On Bitung Port Limited
Indonesia is expected to continue disallowing majority foreign ownership of its ports this week as the country releases a revised document detailing limits on foreign participation in the...
Skipjack Returns Strengthen Kyokuyo Profit
This week Kyokuyo Co Ltd announced that it saw an increase of 7.6 percent on operating income to JPY 2.47 billion (USD 21.1 million) for the April through December period of 2015. Net sales...
Will Latin Tuna Brands Be The Next Takeover Targets?
Europe is becoming a tougher place than ever to finalize deals and mergers within the tuna industry, and as costs continue to rise on the continent, opportunities for investment can be both...
German Deal Sparks Strong TU Stock Recovery
A significant pick-up has emerged in Thai Union share value, with price shooting up into much more favorable figures. In spite of the mounting pressures that the company has faced, a renewed...
TU Tuna Fleet Write Down Eats Q4 Profits
The world’s largest canned tuna producer, Thai Union, is set to record a fourth quarter profit knock after being forced to absorb the expenses incurred from its abandoned Bumble Bee merger...
How Discounters Could Change Latin American Tuna Consumption
While discount retail chains have been claiming an increasing market share across Europe over recent years, in terms of tuna consumption, their importance among Latin American shoppers is...
Large Scale Arrests By Thai Anti-IUU Taskforce
Thailand’s recent crackdown on IUU, in light of its yellow card extension by the EU, has seen the arrests of over 100 individuals. As the globe’s third largest annual exporter of seafood,...
Latin America New Region For Asian Tuna Investment?
With Europe becoming a tougher place to finalize tuna industry mergers and deals, there is the expectation that Latin America could become the new region to attract Asian investment in the...
Brussels Praises Philippines Over Increased Exports
The European Commission has praised the Philippines for making good progress under its GSP+ program, which has allowed the country to grow its exports to the EU by over 19 percent from January...