Sealord has recently confirmed it has become a 100 percent FAD-free sourcing tuna production company, according to an atuna.com interview with Sealord’s Marketing General Manager in New...
Tuna Trade News
How Market Reacted To 45 Million+ New TUF Shares
Just days ago, Thai Union (TUF:TB) brought 45,360,045 new shares to the stock market, in an effort to raise more capital. Listed on the Bangkok Stock Exchange, the company already had just...
Thai Raw Tuna Imports Drop To Six Year Low
Bangkok, the largest global import market of raw material tuna, and the world’s hub of tuna processing, has seen a significant drop in the overall volume of frozen whole round tuna reaching...
Lifting Of Yellow Card Not All Good News For Fiji Operators
What was considered to be “good news” for many in Fiji could in fact mean little change for some, as the EU announced a lift on trade sanctions for the nation’s fisheries exports, updating its...
Abidjan Wants To Expand As Leading Tuna Hub
As the historical capital of Cote d’Ivoire, Abidjan, the largest industrialized hub in West Africa, also has the largest port in the region and the second biggest in Africa. Now the port,...
Ecuador Likely To Keep Zero Duty Until 2017
Ecuadorian tuna exporters can breathe a sigh of relief, as sources from DG Trade Brussels confirm that the nation’s tuna products are likely to keep zero percent duty trade with the EU, until...
Seiners Benefit From 25pct Lower Oil Prices
The continued decline of global oil prices, now reaching a 25 percent decline since June this year, is influencing operations in the tuna industry, as oil costs play a large part in the...
US Origin Labeling A Technical Barrier To Trade?
This week’s ruling by the WTO against US country-of-origin meat labeling (COOL) has been attributed to the fact that its compliance panel sees the policy as a “technical barrier to trade.” The...
What Are The Motives Behind Thai Investors Buying Reading FC?
After a complete takeover of the UK based football club, Reading FC, the Thai consortium of investors, including the Deputy General Manager of Thai Union Manufacturing Co., Narin Niruttinanon,...
Plenty Of Tuna Activity Expected At SIAL’s 50th Food Expo
The SIAL Group, which defines itself as the “trend guide for caterers,” will be hosting its 50th celebratory 2014 SIAL food exhibition in Paris from tomorrow October 19th to the 23rd, and over...
Europe’s Fresh Tuna Prices On The Uptrend
Prices of fresh tuna on the European retail market have seen an increasing trend over the past three years, partly because of the credit given to MSC certification, reports the EU Commission....
Electronic Tracking System Urgently Needed For Bluefin
As the European Union has a 59 percent share of the Atlantic bluefin quota, Pew Charitable Trusts is prompting the EU in its governing responsibility to monitor bluefin trade and make sure...
Italian Market Appears To Shrink
According to Eurostat data, Italy’s tuna trade with the rest of the world has had some interesting turnarounds and it appears that the ever adapting Italian market has been repositioning its...
Manta Skipjack Price Drops 20 Percent
There has been a declining trend on the Manta (SKJ1.8:MNT) market recently, with the whole round skipjack price falling rapidly. In just one month, the price per ton has plummeted by as much...
Weak Tuna Export Earning Hit Seychelles Budget, Says IMF
Although the Seychelles’ government is on target to reduce public debt to below 50 percent of GDP by 2018, the International Monetary Fund (IMF) says the payments’ balance has been less...
California Seafood Mislabeling Bill Gets Shot Down
A bill that would have made it a legal requirement to note the ‘common’ name for species of tuna on cans and frozen/fresh seafood products in California has now been vetoed against by Governor...
TUF Reaches Dow Jones Sustainability Index 2 Years Early
Thai Union Frozen Products (TUF), one of the world’s largest tuna processors, has been announced as the first Thai company in the global food category to be selected for the Dow Jones...
“Final Text Ecuador – EU Agreement Due Later This Year”
After four years of ongoing negotiations, the final version of the trade agreement between Ecuador and the EU will only be ready in the late part of this year, Ecuadorian officials have...
Waitrose: MSC Boosted Our Sales By 40 Percent
In March 2013, major ‘premium’ UK supermarket chain, Waitrose, announced a big switch – its entire range of canned tuna would carry the MSC logo. Since the promise, the MSC blue tick has been...
Is New York City Going To Ban Bluefin At Sushi Bars?
New York City council has introduced a measure this week that would ban all products sold as bluefin tuna, in a bid to support the conservation of bluefin populations. NYC council member, Alan...