The Maldives Industrial Fisheries Company (MIFCO) has hired a Ukrainian national, Vitaliy Lyubimov, as its new Chief Executive Officer (CEO). Lyubimov, who is the first foreign national to...
Tuna Trade News
Court Orders Atunlo To Share Its Cold Stores Inventory Data
The Commercial Court in Pontevedra has ordered that Spanish processor Atunlo share precise documentation of its inventory in third-party cold stores. Atunlo is in the middle of a bankruptcy...
Trading Doldrums In Bangkok Processing Hub, Skipjack Price Stable
Tuna trading is in the doldrums in the Bangkok processing hub as 2024 comes to an end. Demand and supply are balanced which is reflected in the minimal price movement of frozen whole-round...
MEPs Question European Commission Over Mercury In Tuna
There is debate at the EU level whether canned tuna is safe to eat despite its mercury content. Several members of the European Parliament (MEPs) recently submitted written questions asking...
Anfaco’s Hit Campaign Promoting Tuna Attracting Millions
Spanish canning association Anfaco launched an online campaign to promote the consumption of canned tuna and other seafood as a nutritious, easy-to-cook, and delicious meal option among...
Thailand Adjusts Global Corporate Tax To 15%, Implications For Thai Union
The Thai cabinet has approved the global minimum corporate tax (GMT) taking effect as of January 2025. The country is expected to apply a 15 percent GMT to multinationals beginning next year...
Korean Tuna Pet Food Found “Unsuitable” For Taiwanese Cats
The Taiwanese government recently conducted tests on pet food imported from Korea. A tuna item was found to have “mercury exceeding about 8 times the Taiwanese standard of 0.4 ppm.” The...
US Food Service Increased Canned Bonito Imports
US food service importers increased their canned bonito buying in the first nine months of this year. There was also a significant difference in their sourcing with increased shipments from...
European Tuna Conference 2025 Theme Revealed
Atuna is organizing the European Tuna Conference on May 5, 2025, in Barcelona, Spain. We are very happy to announce the ETC2025 theme: Navigating The Evolving Tuna Landscape: Balancing...
Majuro Recorded Second Highest Transshipments For 2024 In November
The port of Majuro, Marshall Islands’ main transshipment area, had the second busiest month of 2024 in November. January was the highest. Last month, 23 tuna transfers from seiners to carrier...
European Households’ Preference For Meat Exceeded Tuna In 2023
Europeans spent more on meat than tuna and other fishery products in 2023 but also consumed more beef, pork and poultry. High prices of staples resulted in steep expenditure on meat. On an...
Japan’s Economic Growth Fueled Tuna Imports From Vietnam
Tuna exports from Vietnam to Japan faced a setback at the beginning of 2024 but recovered faster than expected as the year is coming to a close. Tuna shipments to Japan expanded by 31 percent...
London High Court Says Privinvest Cannot Appeal Against Mozambique Lawsuit Ruling
On December 10, the High Court of London refused to allow Abu Dhabi-based shipbuilder Privinvest to appeal its decision made in July that the company must pay millions of dollars in reparation...
US Canners’ Demand For Pre-Cooked Loins Remained Stable
US canned tuna producers slightly increased their buying of frozen pre-cooked loins from January to September this year. All major suppliers expanded their business except Indonesia. The...
Thai Union Denies USD 65 Mln Debt To New Red Lobster Owner
Fortress Credit Corp., the new owner of Red Lobster, claimed to be owed USD 65 million from former shareholder Thai Union Group following the bankruptcy proceedings. On December 3, tuna-giant...
Italian Households Outpaced EU Counterparts On Spending For Fish Products In 2023
The Europeans' consumption of canned tuna and other seafood products continued to be on an upward trajectory in 2023. This was revealed in the recently published EUMOFA’s 2024 EU Fish Market...
Post-Election Violence In Mozambique Disrupts “Tuna Bonds” Longliners’ Sale
Auctioneers are having a difficult time to sell the 21 tuna longliners amid Mozambique’s post-election violence in the past few weeks. This longline fleet along with three trawlers was...
US Pouches Imports Recovered In Q3, But Downward Trend Certain
After four years of exponential growth, US imports of pouched tuna have declined. From January to September, demand for these products fell by four percent compared to last year. Philippines...
Slight Drop In EU Tuna Landings Impacted Self-Sufficiency Rate
While Europeans have one of the highest consumption rates for seafood and aquaculture products in the world, they largely depend on imports. The self-sufficiency rate for tuna and other...
US Canned Tuna Imports Remained Stable In Q3
The US canned tuna import business amounted to USD 427.38 million in the first nine months of this year. American brands, retailers, and traders bought only two percent more in volume compared...