Italian canned tuna buyers slightly reduced their purchases during the first half of 2020 (H1). The strong peak in canned tuna sales reported during the COVID-19 pandemic in March and April...
Tuna Trade News
Mexico To Allow Up To 50% Soy In Canned Tuna
The Mexican government is trying to prevent excessive soy in canned tuna products so a new regulation has been issued. This decision was taken after research last year revealed that multiple...
American Protesters Armed With Bumble Bee Canned Tuna Says Trump
In what sounds like a line taken out of a late-night comedy show, the President of the United States of America has said that the protesters in the country are attacking police by throwing...
Germans Empty Dutch Tuna Stockpiles To Meet Explosive Demand
In order to supply the growing demand for canned tuna that Germany experienced during the first half of the year, buyers imported much more tuna than what was recorded in the previous year....
Belgium Market Leader Shuts Door To All Indian Ocean Tuna
The Belgium market-leading retailer, Colruyt, has made an unprecedented and bold move by announcing that it will no longer be buying any tuna products sourced from the Indian Ocean for its...
IO Supply Crisis Makes French Turn to Spanish Canners
During the first half of the year, many European markets reported a surge in canned tuna sales due to the COVID-19 pandemic. While this resulted in an overall strong EU imports increase, that...
WTO Declares US Tariffs On Chinese Loins Violate Rules
The latest ruling by the world’s largest trading body will hopefully soon bring relief to Chinese tuna suppliers and the Americans who buy the products. The WTO has declared that US tariffs on...
10% Of US Restaurants Close Due To COVID-19
Foodservice has been one of the sectors hardest-hit by the worldwide COVID-19 pandemic. Lockdowns and social distancing forced restaurants to close temporarily, vastly reducing the demand for...
Credit Suisse Keeps Denying Wrongdoing In Mozambican Tuna Fraud
A court battle involving Mozambique's two billion dollar fraud, which includes the bonds to finance a tuna fishing fleet (EMATUM) that never materialized, continues in London. One of the banks...
Veda Continues To Inflate Manta’s Skipjack Deals
Good EPO tuna catches in the first months of this year combined with the COVID-19 crisis pushed down the skipjack price at the port of Manta. However, in the weeks leading to the first veda in...
Australian Tuna Companies Join To Develop Innovative Products
Three Australian bluefin farming companies joined in a new venture to develop and market innovative products for domestic consumers as sales in the main overseas market, Japan, have...
Good Sales Skyrocketed Century Pacific’s Shares Again
For the Philippine tuna processor, Century Pacific Food, Inc. the good results achieved during the first quarter of 2020 (Q1) continued through Q2 due to the ongoing COVID-19 pandemic. In the...
Smaller EU Absorbs Record Tuna Tonnage In Last Five Years
Europeans' demand for canned tuna strongly increased during the first half of 2020 (H1). Many retailers experienced above normal sales due to the COVID-19 pandemic, particularly after March...
Clover Leaf Gets New Ad Agency To Boosts Its Brand
Clover Leaf is looking to be more relevant amongst canned tuna consumers. The Canadian company has hired Giants & Gentlemen as its new agency of record (AOR) to develop a new brand...
Judge Axes Bumble Bee’s Settlement Deal Due To Tax Concerns
A US judge ruled against a settlement from the Chapter 11 estate of Bumble Bee stating that she had concerns regarding tax claims that could be in the tens of millions owed to the Internal...
Thai Packers Shifting Pet Food Business To Higher Priced Markets
Thai packers have been consistently shipping more canned tuna pet food to international markets. For years their main destination has been Japan, and although this remained true for the first...
Air Freight Costs Falsely Boosting Maldivian Yellowfin Prices
Fresh and chilled yellowfin prices in Maldives have taken a hit amid the global pandemic and this has been further exacerbated by a sharp hike in costs for delivering the products via planes....
Grupo Consorcio Launches Tuna ‘Eco’ Line
The Spanish processing company Grupo Consorcio has launched a new ‘Eco’ line consisting of MSC tuna in recyclable packaging. The new products aim to confirm the firm’s commitment to...
Mareblu Introduces No Drain Tuna As ‘Drip-Proof’ In Italy
Thai Union’s Mareblu brand has introduced a range of ‘drip-proof’ yellowfin canned tuna for Italian consumers to add to their grocery baskets. Following the launch of a campaign in July, the...
Japanese Premium Tuna Market Collapsing
The sales of Japanese premium bluefin have continued to be impacted by the COVID-19 pandemic even after the emergency measures were lifted back in May. Hopes that business activity would pick...