Many European country residents have been warned by governments to brace themselves for emergencies that can arise from rising conflict across the globe; behavior that can impact demand for...
Tuna Trade News
Dongwon F&B Targets Overseas Growth With ‘Gochu Tuna’ Rollout
Dongwon F&B announced that its Hot Pepper Tuna will be sold in the US and other markets under the ‘Gochu Tuna' line, and that it will tailor heat levels to consumers' taste preferences. A...
Seafood Excellence Global Awards 2026 Finalists Unveiled
The countdown for the Seafood Expo Global (SEG) 2026 has begun. Ahead of the event, the 38 finalists selected for the 2026 Seafood Excellence Global Awards were announced this week. Two top...
Poll: Will Rising Costs Force Tuna Firms To Hike Prices?
The Middle East conflict is straining global trade, with the tuna industry among those affected. War-driven inflation in marine fuel costs and logistics has forced companies to raise product...
US-Iran Ceasefire Could Offer Temporary Relief To Global Markets
The US and Iran have agreed to a conditional two-week ceasefire, which could open the Strait of Hormuz to allow ships and critical commodities such as crude oil to pass through this...
MIFCO Maintains Canned Tuna Price After Public Feedback
Despite facing supply chain pressures, MIFCO has reversed its decision to increase the price of its canned tuna in the Maldives after negative public feedback and the impact it would have on...
Japan’s Appetite For Fresh Tuna Further Weakens
Japan’s fresh chilled tuna imports slumped in 2025. While most key suppliers scaled back shipments, Mexico stood out, posting a sharp increase in exports to this Asian market. Last year, Japan...
NewPrinces Group Reports 80 Percent Jump In Revenue
NewPrinces Group reported consolidated revenue of EUR 2.96 billion in 2025, up 80 percent from 2024. Sales for the Fish segment, which is ambient tuna and seafood produced by its UK-based...
Tuna Fuels Grupo Consorcio Growth In Italian Market
Spanish seafood group Grupo Consorcio, which has a strong presence in Italy, reported an increase in tuna sales and volumes in 2025 in the market, and is eyeing an expansion of its tuna...
Will China’s Domestic Tuna Bet Dampen Pacific Islands’ Prospects?
China is moving to expand domestic tuna production, with indications of increased investment in canneries to boost output. Partnering with Pacific Island Countries (PICs) to facilitate the...
EU Processors WR Skipjack Buying Took A Nosedive
EU imports of frozen whole round skipjack dropped sharply in 2025, a five-year low, with top suppliers Seychelles and El Salvador both losing trade with European processors. Last year, EU...
Princes To Raise Canned Tuna Prices To Offset Costs
Faced with inflationary pressures on transport and logistics due to the war in the Middle East, UK-based Princes Group announced that it will put up its prices by five percent, which will lead...
Oil Volatility & The Tuna Trade: Critical Impact On Skipjack & Yellowfin Pricing
The tuna industry is facing an immediate operational crisis. With the Middle East conflict driving crude oil prices up by 50 percent in just 20 days, the surge in Marine Gas Oil (MGO) is...
Major Global Highlights March 2026
The prices of frozen whole round skipjack in major tuna processing hubs rose amid the Middle East conflict. An Indian seafood company purchased the Spanish tuna processing firm Frime S.A.U....
Australia Should Grow Influence In Kiribati Over China
Australia, close ally of the US, should strengthen its ties with Kiribati and improve its geopolitical influence in the Pacific nation, according to a latest opinion piece published by the...
Japanese Market Sees Increased Demand for Frozen Albacore and Bluefin
Japanese importers’ intake of frozen whole rounds of tuna for canning, restaurants, and food service rose by three percent in 2025, boosted by higher volumes of albacore and bluefin. The raw...
Grupo Profand Interest In Acquiring Canary Islands Seafood Firm
Vigo-based vertically integrated fishing company Grupo Profand is keen on acquiring the Canary Islands-based Unión Martín, another firm with tuna and seafood operations at its helm. Profand,...
How ESG Pressures Are Reshaping the WCPO Tuna Supply Chain
The WCPO tuna industry stands at crossroads as Environmental, Social, and Governance (ESG) pressures mount. Companies and retailers in key markets are rolling out dedicated programs and firm...
Demand For WR Yellowfin In EU Declined
EU buyers reduced their purchases of frozen whole round yellowfin from both EU and non-EU vessels in 2025, with prices for the product edging slightly lower. Supply was sourced predominantly...
Nauterra Strengthens Supply Chain By Joining Logistics Cluster
Spanish tuna company Nauterra recently announced that it has become a member of the Galicia Logistics Cluster, reinforcing its representation in the Galician canning and food sector. The...