New Zealand’s Economic Development Minister Phil Twyford came under fire today for refusing to provide an exemption for a US-flagged tuna seiner, 'Capt Vincent Gann' to undergo repairs in a...
Tuna Trade News
Skipjack Price Drives Part Of World’s Largest Seafood Firm Into Negative
The fiscal year of the world’s largest seafood firm, Maruha Nichiro, closed last March and its overall sales and income declined, according to the consolidated financial results report....
Coronavirus Turns Consumers Globally Towards Bulk-Buying
The coronavirus has changed retail consumers' habits across the globe – they are now more sensitive to food prices and buying larger packs, have increased shopping for groceries online, and...
Defense Miffed At DOJ Comparing Lischewski With Enron’s CEO
Last week, in a final push before the guidelines sentencing on June 3, Chris Lischewski’s lawyers argued that the US Department of Justice (DOJ) is comparing their client’s crimes to the...
Bumble Bee Assures PAFCO No Change In Deal
Bumble Bee has assured Fiji’s national cannery, Pacific Fishing Company (PAFCO), that there will be no changes in the agreement between the two parties despite the company being bought by FCF....
UK And US Corporations In Dispute Over Unpaid Tuna Shipments
A hot business dispute involving tuna consignments between a San Diego exporter and Warrington customers in the UK has reached the media. Four 20-ft containers with canned tuna and pouches...
DOJ Condemns Lischewski’s Pandemic Excuse For Reduced Sentencing
This week, the former CEO of Bumble Bee, Chris Lischewski, got into a battle royal with public prosecutors who knuckled down on his sentencing in his criminal lawsuit for price-fixing canned...
Q1 2020 Shows Massive Spanish Demand For Chinese Loins
Canneries in the EU are increasing their volumes of imported tuna pre-cooked loins. The Eurostat figures for the first quarter of 2020 (Q1) showed that the deliveries amounted to the highest...
Bangkok Skipjack Following 2019 Price Trend
The news from Bangkok is that the value for whole round frozen skipjack is continuing to soften, despite a rather stable supply of raw material being shipped to the country. Various sources...
Brexit Leaves A Hole In EU Q1 Canned Imports
Canned tuna imports by EU members during the first quarter of 2020 (Q1) somewhat declined in both volume and value. And although the majority of destinations demanded slightly less product,...
Tuna Containers Among Favorite Shipping Method For Narcos
The use of tuna containers for drug smuggling continues to be a worry for authorities and the industry. Ecuadorian officials seized almost half a ton of cocaine that narcos were trying to ship...
COVID-19 Misery Not Yet Over For Thai Union
Today, Thai Union (TU) Group informed the Stock Exchange of Thailand that one of its workers at its European Seafood Investment Portugal (ESIP) plant has tested positive for COVID-19. As a...
Thai Union Appoints North American CEO
Thai Union recently announced Bryan Rosenberg as the new CEO and President for its North America (TUNA) operations. The move follows the resignation of the CEO of Chicken of the Sea...
UK Sets Lower Import Duty For Canned Tuna
The United Kingdom has unveiled its upcoming post-Brexit trade duties which will go into action at the end of the ongoing transition period, expected to be next year. The country plans to...
Washington Law Firm Declares Tuna Class Action Unconstitutional
The appellate process of the multidistrict class-action lawsuit against StarKist, Chicken of the Sea International (COSI), and Bumble Bee for price-fixing canned tuna is moving forward....
Mozambique Wants Tuna Scandal Mastermind Tried In The Country
The Attorney General Office (PGR) of Mozambique wants former Finance Minister Manuel Chang extradited to Maputo to face charges for his role in the USD 2 billion loan fraud -- including USD...
DOJ Urges US Judge To Delay Lischewski’s Sentencing
The federal judge in charge of the case of Chris Lischewski, former CEO of Bumble Bee, has stated that he might be able to hold an in-person sentencing for the defendant next month. On the...
Celebrities Backing Plant-Based Tuna Alternative Company
Several Hollywood celebrities are investing in Good Catch, a plant-based tuna brand that recently joined forces with Bumble Bee in the US. The list includes Paris Hilton, actor Woody...
Thailand Losing Grip On Japanese Tuna Petfood Market
The volume of canned tuna pet food exported from Thailand during the first quarter of 2020 (Q1) experienced a very modest recession; although it remained slightly above the average of the last...
Seafood Expo Asia 2020 To Be Held In Singapore
Diversified Communications has announced that the 2020 edition of Seafood Expo Asia will take place from November 18 to 20 in Singapore at the Singapore EXPO, Hall 2. “Moving to...