Frozen yellowfin chunk meat sourced from a processing plant in Indonesia is being recalled after officials in the Minnesota Department of Health found that samples of the product were...
Tuna Trade News
Shanghai Sushi Bars Changing Tuna Business
The chairman of the Australian company Beston Global Food, Roger Sexton, believes the explosion of sushi and sashimi bars in Shanghai and Beijing is proof of the long term growth prospects of...
Discounters Storm Ahead In Private Label War
The rise of the German discounters is shaking up the tuna business, among other sectors, and driving a shift in supermarket sales. As Aldi and Lidl significantly boost their UK market share,...
Dramatic Drop In Swedish Tuna Imports
The Swedish population in 2014 consumed a significant smaller amount of canned tuna as they did in 2013, and retailers are struggling to reverse the trend. Imports dropped a shocking 19% ....
Carrefour Introduces Pole & Line Under Private Label
International French based retailer Carrefour has just announced the launch in its French stores of two new canned tuna products, under its private label, which are fished using the pole and...
Bullish Trend On WCP Skipjack Persists
Skipjack prices in Bangkok continue their firm upward trend. Prices have already reached USD 1300 per M/T CFR Bangkok for skipjack and some medium size factories are already booked at USD 1300...
TUF Releases Dates For New Share Sales
Preliminary dates have been announced regarding the sale of Thai Union Frozen Product’s newly issued shares. The ordinary shares will be available to the company’s eligible existing...
Nostromo’s Passion Comes From “The Heart Of The Sea”
Nostromo, one of Italy’s market leaders in canned tuna, is back on television screens with a new advert after a year’s absence. The company has invested EUR 1.5 million on their new...
Tough Fight Ahead To Reconquer Lost Markets
There could be a tough fight ahead for Sri Lankan fresh and frozen yellowfin tuna exporters, as competition in the Philippines particularly is grabbing markets that were previously supplied by...
Africa’s Top 5 Exporters To The EU
Often the important role of Africa as a major canned tuna supply source is overlooked. As a continent, Africa is the world’s second largest exporter of canned tuna to the European Union. In...
Vietnam’s New Tuna Auction
A new higher standard tuna port and auction market are set to be built on a six hectare area in the port of Tuy Hoa city in Vietnam to create more value for Vietnam’s tuna landings. After...
Century Pacific Targetting European Expansion
Filipino canned food manufacturer Century Pacific Foods Inc. is keen to increase its presence in the European market in order to grow its business, now that the Philippines’ largest tuna...
US Court Blocks Massive Tuna Buyer Merger
After enduring a year and a half of regularity review, it looks like an important tuna merger is out the window, as the American court blocks Sysco’s acquisition of U.S. Foods. Both firms are...
USA’s Largest Tuna Auction
The market power of Tokyo’s Tsukiji Fish Market, where a single “first of the year” bluefin tuna once sold for USD 1.76 million, often overshadows other tuna markets around the world. However,...
Mega Retail Merger To Create USD 29 Billion Market Value
A planned mega merger of two major supermarket players is set to create one of the biggest US food store chains and a powerful participant in the EU market. The coalition will hold a robust...
Zero Duty Shipments Send German Imports Soaring
Europe’s appetite for Philippine canned tuna has seen a significant surge, as the first zero duty shipments are sent from the Asian nation. German importers strongly stand out in the stats,...
ACP Finds Brussels Attitude On Pacific EPA Unacceptable
A decision by the European Union to defer the conclusion of an EPA with the Pacific by three years has been labelled “unacceptable” yet again, this time by the African, Caribbean and Pacific...
Weak Q1 Imports Of Canned Tuna Into EU
After annual EU canned tuna imports climbed to a five year high last year, it seems for 2015, purchases of the product have got off to a slow start. Year on year, imports of canned tuna by...
Aldi Gets MSC Retailer Award
As the discount retailers continue to firm their grip on the UK market, it’s Aldi that has recently taken the limelight. Awarded the MSC UK Convenience Retailer of the Year 2015 title, the...
EU’s Own Seafood Eco-Label? Stakeholders Urged To Comment
The European Commission is calling on all stakeholder groups and individuals to participate in a public consultation period, and comment on the possibility of a Union-wide eco-label scheme for...