Tokyo’s famous fish market, Tsukiji has now been given the green light to relocate to a new site in October 2018 at the earliest. This is almost two years after the initial moving date was...
Tuna Trade News
EU Tuna Demand Propped Up By Fresh & Frozen
The overall consumption of fish and seafood products in the EU increased last year according to a new report. Although specific consumption figures for tuna are not revealed, imports give...
$115 Million Recovery In Dongwon Stock Market Value
After slumping to a year low earlier this month, Dongwon’s stock market performance has regained substantial pace, with investor confidence now showing considerable strength. In the last two...
Dongwon & TU The Focus Of New Price Fixing Complaints
More US retailers are stepping up to claim that the US Big 3 brands conspired to fix canned tuna prices for more than 10 years, but the major focus is on the parent firms of two of those...
Despite Supply Shortage, IO Prices Expected To Follow BKK
Although concern over supply shortages among Indian Ocean canners is heightening, one major IO boatowner says that the general expectation is that regional prices will soon decline somewhat,...
Rising Oil Prices Less Impactful In Current Tuna Market
At the current level, crude oil prices are at their strongest in over six months, and most analysts are forecasting further rise to come. Although at this height, boatowners face bigger fuel...
Lion Capital & Lischewski To Be Price Fixing Defendants?
Recently filed documents in the civil litigation surrounding the US Big 3 and alleged price fixing conspiracy, call for Bumble Bee CEO, Christopher Lischewski, and Bumble Bee owning firm, Lion...
Mexico To Appeal Latest WTO Tuna-Dispute Ruling
Announced yesterday, the World Trade Organization (WTO) sided with the United States in its latest ruling within the long-running dolphin-safe tuna labelling dispute, also involving Mexico....
WTO Sides With US In Latest Tuna Dispute Ruling
Mexico has reportedly lost a ruling today at the World Trade Organization (WTO) surrounding the long-running dolphin-safe tuna labelling dispute with the United States, according to Reuters....
Is Vietnam Flying Below The Radar With Bonito Increase?
Feeling the heat from the US in terms of its tuna exports, Vietnamese processors could be using another route to keep up business with this important market. This year they’ve substantially...
What’s Behind The Success Of Family Run Tuna Companies?
The rise and continued success of family run tuna companies is one of the topics to be addressed at the upcoming second edition of the Americas Tuna Conference in Panama. Major players from...
A Peak In Vietnam’s US Exports?
Canners in Vietnam experienced considerable growth in US-sent tuna shipments in the first eight months of this year, but with IUU concerns surrounding the country’s fleet, will this be the...
US Foodservice Firms Still Fail In Greenpeace Ranking
One year after US foodservice companies were ranked for the first time on their seafood sustainability commitments by Greenpeace USA, none of the firms have made significant enough...
“Critical” IO Supply Shortage Sees EU Deal Extended
Three Indian Ocean tuna processing hubs have had a favorable trade deal with the EU extended, to help with what is being described as critical shortage of tuna raw material supply in the...
Analysts Upbeat Despite 2 Year Low In TU Stock
Although Thai Union’s share price has plummeted to the lowest point in nearly two years, major analysts are still upbeat on the firm’s performance, rating stocks at BUY or OUTPERFORM in their...
UK Market Suffers Blow, Pole & Line Cost Weighs In
Retail canned tuna sales in the UK have faced a significant eight percent YoY volume hit, up until mid-August this year. Despite the serious blow in terms of purchases, no loss was witnessed...
Mexico/EU Free Trade By Next Year?
Due to sped up negotiations between the two parties, the EU is hoping to have an agreement in place with Mexico by the close of this year, granting duty free trade on a large range of...
Seachill Bought Out By Hilton Group
Seachill, the leading chilled fish supplier to the UK retail market, has been acquired by Hilton Food Group, a British meatpacking company. A total of GBP 80.8 million (USD 106.4 million) has...
Explosive US Import Rise Of Bonito As Chunk Light
Imports of canned tuna, sold as Chunk Light, but containing tuna-like species continue to climb in the US market. The rise in volume is creating concerns over the origin of these products. New...
Thai Canners Suffer From Weak Arab World Demand
A nine percent slump in overall Thai canned tuna exports can be largely credited to a fall in business with buyers in Arab World countries, where demand appears to be weak. In the first eight...