Indonesia has all the reasons to rejoice as it signed a new deal on August 8, under the Indonesia-Japan Economic Partnership (IJEPA), for its tuna products to enter Japan with zero tariffs....
Tuna Trade News
Thai Canneries Increased Whole Round Yellowfin Buying In H1
Thai processors slightly increased their purchase of yellowfin whole rounds in the first half of 2024 with most of its suppliers. A total of 42,164 M/T of Thunnus albacares were bought from...
Robinson Crusoe Tuna Cans Get Makeover
Robinson Crusoe has revamped its canned tuna design. The brand, owned by Spanish group Jealsa, posted on social media sites the new colorful blue, green, yellow, and orange lithographed cans...
Will Thai Pet Food Business Break Record?
Thailand’s pet food business hit a five-year high in the first half of this year with a massive 80,459 tons in exports, a 78 percent increase YoY. Processors increased their shipments with all...
60 Below Zero Looking To Attract Young Consumers With New Tuna Brand
Sixty Below Zero (60BØ) is a young Murcia-based Spanish company that has been trading in seafood since 2016 and expanded to tuna in the past few years. Now it is also moving to attract young...
Thai Canneries Reduced Frozen Tuna Trade With Smaller Suppliers
Canneries in Thailand purchased 27 percent less frozen whole round tuna from vessels flagged to other nations than their major suppliers from January to June 2024. The total trade amounted to...
Dry Container Rates Are Falling, Experts Say Prices Still Not Normal
After hitting peak levels, global dry container prices for 20 ft boxes began falling this month stirring hope for the tuna industry that has been paying through its nose for ocean freight....
Middle East Tuna Catches Mainly Driven By IO Yellowfin And Longtail
Yellowfin and longtail tuna (Thunnus tonggol) were among the most captured tuna species by Middle East-flagged vessels in the Indian Ocean (IO) from 2017 to 2022. The latest report from the...
US Agencies Sued For Not Implementing Bycatch Rule On Tuna Imports
Conservation groups have decided to sue several US governmental departments including the National Marine Fisheries Service (NMFS) and their respective leaders for failing to implement the...
Thai Union’s PetCare Business Sees Exponential Growth In H1 2024
Thai Union Group's pet food sales witnessed exceptional increase in the first half of this year at THB 8.41 billion (USD 238.35 million), up 26.2 percent YoY, driven by strong private label...
Thai Producers H1 WR Imports Hit 5-Yr Peak, Maldives Loses Top Spot
Thai producers continued buying more whole round frozen tuna from global fleets in the second quarter of this year. Given this demand, H1 2024 imports hit the highest volume in the past five...
Century Pacific’s Tuna Exports Drive Up H1 Good Earnings
Century Pacific Food Inc. (CNPF) declared that its consolidated revenues for the first six months of this year amounted to PHP 37.7 billion (USD 657.9 million), posting a growth of 13 percent...
Manuel Chang Found Guilty At Last In Tuna Bonds Scandal
More than five years after his arrest, Manuel Chang, the former Finance Minister of Mozambique, was convicted on Thursday by a New York Court for financial conspiracy in the controversial tuna...
Thousands Of Dollars Worth Cargo Missing In Philadelphia Tuna Heist
Philadelphia Police Department has begun investigations after a refrigerated truck transporting large cartons of tuna worth USD 10,000 was stolen from near Pattison Avenue in the wee hours of...
Thai Union Reports Strong H1 Driven By High Canned Tuna & Pet Food Sales
Thai Union Group’s sales reached THB 68.5 billion (USD 1.94 billion) in the first half of this year, up by 2.7 percent YoY. It was driven by continued demand for canned tuna and pet food in...
South Korea’s Preference For Vietnamese Tuna Is Climbing
Vietnamese tuna exports to South Korea have been rising exponentially. The export of cans and frozen loins in June alone was valued at USD 6 million, six times higher YoY. The producers made...
Atuna Stock Index Rose From Rally Of Thai Union’s & Korean Firms
The Atuna Stock Index rallied on Tuesday, from a big dip on August 5 recovering around 3.5 percent to 5,950 points on August 6. This increase came mostly from the rise in value of shares of...
Private Labels On An Upward Trend In Major Markets
The volume of canned tuna has remained stable for a long time but plummeted lately due to factors such as inflation in several global markets including the EU and the US. But the value of this...
IPNLF Adds New Members To Promote Responsible Tuna Sourcing
The International Pole and Line Foundation (IPNLF) has announced strategic partnerships with three new members, Archipelagics Inc., Ainan Coop, and Samaki Bluu, who have committed to...
High Costs Depress Good Q1 Results, Maruha Nichiro Takes Action
Maruha Nichiro, the Japanese seafood giant, increased sales in the first quarter of this year ending June 30, but aims to cut costs to face challenges and keep a healthy business environment....