Sajo Industries reported a decrease in sales and profit for the first three months of this year. Its share value declined by 9.5 percent. On May 15, Sajo Industries (based in South Korea)...
Tuna Trade News
US Tuna Pouches Q1 Imports Hit Peak
Demand for tuna pouches in the first quarter of the year has been off to a great start in the US with retailers and traders importing 21 percent more product compared to Q1 2022. The business...
Albo Turns To Sunflower Oil To Weather Inflation
Premium tuna brand Albo, renowned for using only olive oil in its products, is expanding to sunflower oil. By adding the item, the company aims to support consumers that face inflation. Albo,...
Galician Tuna Sector Worried About EU Free Trade Agreement With Thailand
The Free Trade Agreement (FTA) negotiations between EU and Thailand are likely to begin soon. This is a cause of concern for the Spanish Galician tuna sector, home to tuna canneries like...
John West Enters Aussie Foodservice Segment With Enriched Tuna
John West launched one kg tuna pouches rich in calcium, fiber, and omega-3, intended for the foodservice sector. The Australian brand, owned by Simplot, has entered this new segment with...
Subway Demands USD 620,000 From Tort Lawyers On Fake “No Tuna” Case
US restaurant food chain Subway wants the six attorneys who acted as counsel for a US consumer who sued the company on false allegations regarding its tuna products to compensate the company...
Century Pacific Reports Favorable First Quarter
Philippines seafood company Century Pacific Food (CNPF) announced that its revenue for the first three months of 2023 was PHP 15.62 billion (USD 2.8 billion), nearly a six percent YoY growth....
Low Supply & High Skipjack Price Pushes Bangkok Canners To Slash Production
The abysmal supply situation coupled with high prices has forced canners in the Bangkok tuna processing hub to cut their capacities. The price of frozen whole round skipjack is still over the...
US Canned Tuna Trade Remained Stable In Q1, Remarkable Price Drop
US canned tuna imports were largely stable at the start of 2023, and the trade amounted to USD 143.75 million. Thai processors managed to keep their trade at almost the same level as in Q1...
Tuna-Shaped Weathervane A Feast For Tourists’ Eyes
The Spanish province of Cadiz, home to bluefin farms and famous for the Almadraba, has close ties with the fish since the it plays a crucial role to the economy and is an integral part of the...
SolTuna Official Canned Tuna Supplier To Pacific Games
The Pacific Games has designated SolTuna as the official supplier of canned tuna for its upcoming edition. The USD 60,000 deal, for approximately 1,400 cartons of tuna, was signed last week by...
Washington Supreme Court Refuses To Review StarKist Tuna Price-Fixing Ruling
On Tuesday, Washington Supreme Court judges declared they will not review a decision made by an appeals court that potentially freed StarKist from being “jointly and severally liable for the...
Canning Operations Continuing Despite Seiner Sale By RD Fleet
The raw material supply situation is bad and RD's fishing fleet is still moored due to restructuring in its financing. Furthermore, two of its seiners have also been sold, according to Roland...
EU Rapid Alert: Spain Reports Mislabeled Canned Tuna From Ecuador
April was a comparatively calm month for the EU Regulatory Rapid Alert System for Food and Feed (RASFF) regarding tuna-related incidents. According to the online system, only one alert was...
Slight Relief For Thai Union, Ailing Red Lobster Turns A Profit
For the first time in 12 months, Red Lobster has not reported a loss, earning it a reprieve. In the latest figures by Thai Union Group on its subsidiary, in the first quarter of the year, the...
Consumer Drops Fake Tuna Lawsuit Against Subway Because Of Pregnancy
After its reputation was dragged through the mud for two years, US-based Subway restaurant can now sigh in relief. A California plaintiff who sued the company claiming that Subway tuna...
Seychelles Students Take A Grand Tour Of TU IOT Plant
Students from secondary and post-secondary schools in Seychelles visited Thai Union’s Indian Ocean Tuna (IOT) cannery yesterday as part of the World Tuna Day (WTD) celebrations. The tour,...
Slow Start To The Year: Thai Union’s Q1 Net Profit Plunges By 45%
Thai Union sales have not started the year well according to the 2023 first-quarter figures released today. The world’s largest tuna company’s turnover reached THB 32.7 billion (USD 961.38...
Readers: Higher Skipjack Price Minor Impact On Retail Sales
With rising raw material prices in all global tuna hubs, the burden is passed down the supply chain. A higher price for tuna products may affect consumer behavior in the coming months. Half of...
Spanish Canners’ 2022 Imports Of Skipjack WR Hits Peak
European canners’ buying of skipjack raw material in 2022 declined drastically - by nearly one-quarter compared to 2021. However, the Spanish increased their imports from their purse seiner...