Thai Union Group’s Chief Finance Officer (CFO), Joerg Ayrle, has resigned from his position effective February 1, 2021. He will have been at the company for nearly seven years by the time he...
Tuna Trade News
US Canners Massively Bought Loins To Satisfy High Demand
The canned tuna processing industry in the US geared up its production during the first three quarters of 2020. This is reflected in the very high volume of pre-cooked loins that entered the...
EU Counter Tariffs On US Goods Excludes Tuna
The WTO has allowed the EU to impose countermeasures against a range of American exports due to illegal US subsidies given to aircraft maker, Boeing. After EU member states came to an...
UK Supermarkets Close Fresh Counters, Switch To Pre-Packed Fish
Major UK retailers are closing their fresh fish, seafood, meat, and deli counters citing changes in consumers' demand and operational efficiency. This trend has been exacerbated by consumers...
Thai Union Will No Longer Invest In Tuna Business
In a recent statement, Thai Union’s President Thiraphong Chansiri said that the company will not be investing in its core businesses for the next five years so as to focus on new...
Why Will Lischewski Not Be Getting An Early Release?
The motion filed by former Bumble Bee CEO Chris Lischewski to have his sentence reduced by three months due to "inhumane prison conditions" resulting from COVID-19 measures was recently thrown...
Japan Buying Less Thai Pet Food, While Aussies Demand More
In Thailand, exports of canned pet food consisting mainly of tuna products have once again increased during the first three quarters of the year (3Q). Japan, the largest buyer for years,...
Mexico Joins Thailand In Accelerating US Canned Market Growth
The intake of canned tuna in the US has continued at skyscraping levels during the third quarter of 2020. Earlier this year, the COVID-19 induced lockdown led to panic buying and stockpiling...
Century Pacific Growing During Pandemic
During the global pandemic, the Philippines firm Century Pacific managed to gain over 20 international markets, mainly in the African continent. Greg Banzon, EVP and COO of Century Pacific...
Tuna Driving Thai Union Profit To Record-High Level
For the first time, Thai Union’s net profit for the third quarter of the year (3Q) exceeded the two billion bahts (USD 64.8 million) mark in 2020. This was the result of the strong sale growth...
Trump-Biden Showdown: What It Means For The Tuna Sector
Votes are still being counted in the US Presidential election and so far it is proving to be a neck-and-neck race between Donald Trump and Joe Biden. However, several key swing states are...
Bom Petisco Launched Organic Canned Tuna
The main brand of Portuguese canner and trader Cofaco, Bom Petisco, has launched two new tuna products - in organic olive oil and tomato sauce. The ingredients for these additions were farmed...
New England Seafood Intl. Bought By US Tribes
New England Seafood International (NESI), the UK processing company behind the tuna brand Leap has been bought by the Alaska-based firm, Sealaska. This marks the first international deal for...
Outsider Poland Launches Massive Loins Quota Proposal
The EU Ministers Council will soon decide on the pre-cooked tuna loins Autonomous Tariff Quota (ATQ) for the 2021-2023 period. The discussion seems to be going against the EU fleet’s wishes of...
Unannounced ICCAT Annual Meeting Taking Place Via Emails
Decisions and negotiations that are supposed to take place during the annual ICCAT meeting are now being conducted via email, a first for any RFMO. Due to the global pandemic, many Commissions...
Seafood Expo Global 2021 Postponed To September
In a press release, Diversified Communications, organizer of Seafood Expo Global, has announced that the event will be postponed until September 7-9, 2021, and will be held at the Gran Via in...
IOTC Annual Meeting Kicked Off Today
Today, the IOTC 24th Annual Meeting started in Seychelles. The five-day event is being held online and will end on November 6. Each day there will be two-hour conferences starting at noon in...
Lischewski’s Defense Argues Against Inhumane Prison Conditions
Defense attorneys for the former CEO of Bumble Bee, Chris Lischewski, have asked a US federal court to reduce his sentence by a minimum of three months. They cited that their defendant “was...
Thai Canners Lost Business In Smaller Markets In Q3
The demand for Thai canned tuna from smaller markets experienced a strong decline during the first three quarters of this year (Q3). While the exports to major markets such as the US grew...
Bad Sentiment Pushes Down Century Pacific’s Shares
Investors seem to have little confidence in the Q3 results of Philippine tuna processor Century Pacific Food Inc's (CNPF). Awaiting the company's announcement on November 4, they sold out...