Thai Union recently reported a record revenue for 2022 and is aiming for another five to six percent growth in its turnover for this year. It is also looking into new capital expenditure...
Tuna Trade News
Sushi Terrorism And Other Social Media Trends
The concept of conveyor-belt sushi was introduced in Japan in 1970 and has been picked up in other parts of the globe. Also called 'rotation sushi' or 'sushi train', plates with delicacies are...
Ecuador’s Tuna Sector Grappling With Tampered Containers
The Ecuadorian tuna sector is deeply concerned about their shipments being linked to the rising number of cocaine smuggling incidents. According to the Ecuadorian Federation of Exporters...
US 2022 Imports Reflect Continued Recovery Of Canned Tuna Market
US retailers bought a quarter more canned tuna from international processors in 2022. The volume exceeded purchases in eleven years except for the COVID year 2020. Thai processors regained...
Red Lobster’s Dire Situation Eating Into TU’s Net Profits
Thai Union Group’s 2022 financial results showed that its investment in the US restaurant chain, Red Lobster, is still bleeding money. This details come not long after the Group’s CEO...
Grupomar Bags Mexican Recognition In Two Categories
Mexican tuna fishing company Grupomar received awards for "promoting the development and quality of life of employees" and "contributing to the Sustainable Development Goals," according to...
Thai Union Hits Record Sales In 2022, Ambient Up 13%
Thai Union has released its financial results showing that it experienced record-high revenue of THB 155.6 billion (USD 4.49 billion) in 2022. Sales grew 10.3 percent year-on-year, driven by...
Spanish Seiner Shipyard Ordered To Compensate Deceased Worker’s Kin
The Supreme Court of Spain has ordered Astilleros Armón and Inprebal to compensate the family of a 24-year-old contract worker who died of asphyxiation while working in the seiner ‘Paco...
Callipo Ranked In The Top Hundred By Forbes Italy
Italian tuna processing company Callipo has been selected by Forbes Italy as one of the top hundred firms in the country. The establishment was founded in 1913 by Giacinto Callipo. It...
Philippines Urging EU To Resume Talks On Tuna Free Trade
The Philippines has once again expressed its desire to continue free trade relations with the EU, especially since the current Generalized Scheme of Preferences Plus (GSP+) scheme will expire...
SKJ1.8:BKK Trading Remains Sluggish For 5 Consecutive Weeks
Trading for skipjack whole rounds continues to be sluggish in Bangkok due to soft demand and supply in the world’s largest processing hub. Most deals are taking place at USD 1,700 per ton for...
China-Indonesia MoU Will Expand Tuna Operations
Indonesia and China had signed a memorandum of understanding regarding industrial development cooperation in 2021. The deal -- “Two Countries, Twin Parks” -- focuses on resource exchange,...
Mexican Tuna Firms Stay Afloat Despite Hurdles
The Mexican tuna industry was marked by experiencing volatility in 2022 primarily due to inflation and obstacles in its export. Eduvigildo Carranza Beltrán, General Director of PINSA, said the...
Calvo Appoints New CEO And Sold Brazilian Fishmeal Unit
Calvo Group recently announced Martín Barbaresi is the new President of Brazilian GDC Alimentos, pointing out that the executive will be responsible for managing operations in Brazil and...
US Emerges As Largest Buyer Of Thai Pet Food
Thai canners are growing their pet food exports. The rising numbers in 2022 prove how the sector grew exponentially as its business increased and prices rose substantially. The US, its largest...
Vietnam’s Export To US Faced Major Value Setback In Q4
Vietnam's tuna exports to the US witnessed steady growth in the first nine months of 2022 but underwent a dramatic shift in the fourth quarter. According to the Vietnam Association of Seafood...
Arabic Region Growing Market For Thai Canners
Thai canners increased their canned tuna exports in 2022 and saw business in the US recover and trade with countries in the Arabic region picking up. Almost 19 percent of their shipments went...
Maldives Offers Aid To Earthquake Survivors
Over the past week, social media has been flooded with heart-wrenching images and videos of a devastating earthquake that hit Turkey and Syria, killing over 33,000 people so far. To provide...
Aldi Sued Over Misleading Consumers With Dolphin Safe Marketing
Another US retailer is in hot water over allegations of falsely advertising its canned tuna as dolphin safe. A Californian federal judge has refused to dismiss a complaint against discount...
John West Teams Up With UK’s Para-Athletes To Promote Tuna
An increasing number of people are becoming conscious of their health, and John West is zeroing in on this to promote its products and has upped its marketing tactics. It has become the...