Early this week, Ecuador was featured on a US report for possible IUU fishing activities from 2016-2018. The ‘Improving International Fisheries Management Report to Congress’ was released...
Tuna Trade News
StarKist Pays Less To Consumers For Underfilled Cans
Those involved in the class action lawsuit against StarKist regarding underfilled canned tuna will get less money than what was originally promised. Back in 2015,...
Manta’s Hope For Some Stability Skipjack Price Perishes
The optimism of the Manta tuna industry for some stability in the skipjack price has been completely crushed in just three weeks. On September 9 when the SKJ1.8:MNT jumped by 28...
Battle Of The Chickens: Tuna Faces Its Land Rival
In an epic battle, tunas, also known as the chickens of the sea, and chickens fight for supremacy. In a new Japanese anime-like advertisement, chickens attack with tornadoes and thunder while...
Real Dominates Ecuador’s Canned Tuna Market
Ecuador is one of the countries with the highest consumption per capita of canned tuna. In 2015, one inhabitant of the South American nation ate approximately 2.8 kilograms of the product,...
Vietnam Tuna Loins To US Surge In Midst Of Trade War
During the first half of 2019, US canneries' demand for pre-cooked tuna loins dropped four percent year-on-year, reaching a total volume of 25,049 M/T. The vast majority of American...
EU Processors Cannot Win Tuna Battle On Price
As the EU tuna processors cannot win the price fight with imports coming from Ecuador and China, they should focus on increasing the value and relevance of their products through...
Tuna In Organic Oil A “‘High Potential” In Spain
Among the Spanish, there is a growing interest in healthy products. In fact, “healthy” is one of the most popular Google searches in the country, explained Guillermo Verderas,...
Vigo Mayor Wants Conxemar To Reign Over Seafood Expo
The newly re-elected Mayor of Vigo, Abel Caballero, is determined to maintain Conxemar as a world reference among fishing professionals. The comments were made due to the...
Solomon Breaks Ties With Taiwan, Embraces China
As of Monday last week, Solomon Islands has severed its diplomatic ties with Taiwan. The nation's Foreign Minister, Jeremiah Manele shook hands with his Chinese counterpart to ratify the...
Skipjack Market Turns Bearish Due To Weak Demand
The price for whole round frozen skipjack in Bangkok is experiencing a fall back soon after the value of the raw material started inching up in the month of August. And now,...
Bolton’s Interest In Clover Leaf Fades
The supposed deal concerning Bolton Group taking over Bumble Bee’s Canadian brand Clover Leaf is off the table for now. Multiple sources told Undercurrent News that...
Cook Islands’ Govt To Review Purse Seine Fishery Deal With EU
The purse seining fisheries agreement between the Cook Islands and the EU will be reviewed in November before its possible renewal later this year. On October 14, 2016, both parties...
Seafood Expo Global 2021 Switches To Barcelona
The world’s largest seafood exposition is changing its home of the last 26 years. The 2021 edition of Seafood Expo Global is scheduled to take place April 27-29 at the Fira de Barcelona, Gran...
Top Rank For Thai Union’s ‘SeaChange’ Strategy
For the second time, Thai Union ranked number one in the Food Products Industry Index of the Dow Jones Sustainability Indices (DJSI). For the sixth time, the company’s global...
US & Mexico Consider Joint Position Before RFMOs
The Binational Meeting of Fishing Authorities between Mexico and the US took place this week. In the two-day assembly both parties analyzed and agreed on actions regarding the management...
Strong Baht Undermines Thailand’s Competitive Power
The Thai baht has shot up to its highest level against the US dollar in six years. At the start of 2019, the exchange rate was THB 32.32 against one USD. Today, it is THB 30.49 per...
Oil Price Makes Mega Jump After Attacks In Saudi
The price of crude oil skyrocketed this weekend when it went from USD 60 to USD 72 per barrel overnight. The 20 percent increase happened after a drone attack on a Saudi Arabian oil facility,...
US-China Trade War: Dark Clouds Over Chinese-Listed Tuna Firms
Storm clouds started gathering over Chinese companies on May 2, 2016, when the campaigning Donald Trump said: “We can’t continue to allow China to rape our...
Low-Cost Thai Tuna Floods Slovakian Market
Slovakian buyers' demand for canned tuna skyrocketed in 2018 with deliveries to the landlocked country rising from 3,471 M/T to 5,801 M/T, a remarkable 67 percent surge. This quantity might be...