The US Congress has passed a maritime security proposal that requires the country’s navy to report on security measures related to IUU fishing. It is aimed at protecting America's fishing...
Tuna Trade News
More Scrutiny On Green Bonds, A Good Thing For Tuna Firms?
Financial think tank, Planet Tracker, in a blog post on January 6 listed several predictions with regards to global financial markets. One of them points to an expected increased scrutiny...
Chris Lischewski Now Targeted By Civil Case For Price-Fixing
While former CEO of Bumble Bee, Chris Lischewski, is serving his time in prison for his criminal involvement in price-fixing shelf-stable tuna, he has now been hit with a civil lawsuit by a US...
Ivory Coast Fishmongers Want Govt To Implement Cap On Faux Thon
Authorities in Ivory Coast have introduced a policy to regulate the price of faux thon in an attempt to control the market and avoid speculation. Fishmongers and wholesalers are now urging the...
Thai Union Expanding Bangkok Coldstore Capacity Through Joint Venture
Thai Union Group is expanding its cold storage capacity to accommodate more raw material for its canning operations. On Wednesday, the Group announced that its subsidiary, Thai Union...
Century’s Strong 2021 Income Growth Spurred By Tuna Exports
Century Pacific Food Inc. (CNPF) showed good result in terms of net income and revenue in the first three quarters of 2021. According to its Q3 2021 financial report, CNPF’s net income in the...
Readers Expect A Price Hike For Canned Tuna In 2022
The increased costs of steel, vegetable oils, raw material, fuel, and freight have affected the entire supply chain of the tuna industry. The majority of our readers expect that these higher...
Bidding Price Drops Again At Tokyo’s New Year Bluefin Auction
The highest bid for the first bluefin auction of the year at the Toyosu Market in Japan reached only JPY 16.9 million (about USD 145,000). This is a massive blow compared to the...
How Leovi Carranza Built The Pinsa Group
Mazatlan-based Pinsa Group is one of the biggest vertically integrated companies in Mexico. Its Dolores canned tuna brand is the nation's market leader. Its founder, Leovi Carranza, built the...
Thai Union Restructures US PetFood Business With New Subsidiary
Giant tuna player, Thai Union, has announced the creation of a subsidiary company that will acquire the group’s pet food business in the US. The company, i-Tail Americas, was recently...
TUNA2022: Will Global Tuna Industry Meet Again In Person In Bangkok?
The 2022 edition of the World Tuna Conference in Bangkok has been announced by its organizer, INFOFISH. The event, TUNA2022, will take place from October 11 to 13 and is themed “Strengthening...
Century Pacific Adds Leading Sardine Brand To Its Portfolio
Century Pacific Food Inc.(CNPF) has acquired the leading Filipino canned sardine brand, Ligo, from the Tung family. The Philippine-based food and canned tuna processing and marketing group...
Global Retailers Joining Sourcing Platform RangeMe
Global retailers including UK grocers such as Tesco and Asda are looking towards a new online platform, RangeMe, to source their products. Canned tuna companies can also use this network...
EU Processors Taking In Less WR Tuna, But More Loins
Imports of frozen whole round tuna to the EU have been dropping with the arrivals reaching the lowest level in the last five years. Meanwhile, the canning industry bought record-high levels of...
Poll: What Price Will Retail Canned Tuna Be In 2022?
The canned tuna industry has been having a hard time this year. Processors have been faced with high expenses from freight costs to other commodities such as steel and vegetable oils. These...
Albacore WR Imports Down In The EU, Indonesia Supply Strongly Up
The demand for frozen whole round albacore slightly softened among EU processors during the first three quarters (Q3) of the year. Similarly, the average price per ton of the product also...
Readers: UK Retailers Let Go Ethical Standard For Low Price
In the UK market, a canned tuna price war is taking place between retail market leaders and the discounter Aldi. So, while supermarkets are very outspoken about improving the management of the...
Venezuelan’s President Front Man Laundered Millions Of Dollars Via Canned Tuna Imports
A member of the National Assembly of Ecuador has stated that Alex Saab laundered around USD 300 million for Venezuelan President Nicolas Maduro through imports such as canned tuna from...
Omicron Pushes WTO Negotiations On Harmful Fisheries Subsidies To 2022
Negotiations on harmful fisheries subsidies by the World Trade Organization (WTO) have been postponed until next year. The 12th Ministerial Conference (MC12) which was to take place in...
EU Bought Less WR Tuna In Q3, Philippines Business Almost Completely Disappeared
The amount of frozen whole round tuna delivered to the EU during the first three quarters (Q3) of the year was the lowest in five years. The extremely poor yellowfin deliveries pushed down the...