Worldwide Fishing Company (Wofco) and Galician seafood firm Fandicosta have closed the much-anticipated deal in whereby a debt of nearly EUR 19.5 million will be taken over by Wofco....
Tuna Trade News
Japanese Tuna Company Expands To EU By Taking Stake In Dutch Firm
Japanese Kyokuyo has bought a majority stake in the Netherlands-based frozen seafood company Northseafood (NSF) Holland B.V. The Dutch fishing and processing company will operate as a...
Market Sentiment Drives Up SKJ1.8:BKK
Skipjack prices have climbed in the Bangkok processing hubs in recent weeks due to pressure from market expectations of poor raw material supply. Atuna has been told buyers and sellers are...
SIMAK Canned Tuna Brand Meet Huge Demand In Middle East
The International Sea Food Company (ISFC)’s cannery in Oman began operations two months ago, producing canned tuna under the SIMAK brand. Its CEO, Zakariya Al Hasni spoke to Atuna about...
Germans Increased Canned Tuna Imports In Q1
The German market was one of the largest importers of canned tuna in Europe in Q1 2024. Brands, retailers, and traders increased their intake by 12 percent compared to last year and they...
Lower EU Canned Tuna Imports In Q1 Are Still Optimistic
EU retailers, brands, and traders reduced their intake of canned tuna in the first quarter of 2024, but not as dramatically as what could be expected from the downward trend seen in the latest...
Nearly Half Of 2023 US Seafood Imports Under SIMP Were Tuna
Tuna products made up around half of the total quantity of shipments into the US in 2023 under the Seafood Import Monitoring Program (SIMP). Fisheries agency NOAA gave these findings in a...
Men Face Prison In Spain For Trafficking Drugs Via Canned Tuna
Three men who have been accused of trafficking 142 kg of cocaine through the Port of Valencia in January are facing up to seven years in prison if convicted. The men tried to take drugs from a...
Sustainable Tuna Market Is “Constantly Growing” In Italy
The MSC tuna market in Italy is growing exponentially, according to the 2024 sustainable tuna market report for the country. Italians consumed 15,000 tons of sustainable tuna between April...
Manta Skipjack Price Depressed By Large Supply
The skipjack trading price in the Manta processing hub is under pressure because of the continuing high volumes landing at the port. Sources have told Atuna that skipjack prices are falling,...
A Pobra Council Blocks Jealsa’s Cannery Expansion Plan
The municipal council of the Spanish town of A Pobra rejected Jealsa’s proposal for permission to expand its Escurís cannery in the region last Thursday. Members of regional political parties...
Major Global Highlights May 2024
In May, skipjack price and trade picked up in Bangkok. The IOTC annual meeting concluded with critical progress on skipjack and IUU fishing. Global tuna stakeholders gathered in Bangkok for...
Thai Union Dissolves Chinese Entity To Shed “Low Profits”
Thai Union Group informed the Stock Exchange of Thailand that it is liquidating a subsidiary, Thai Union China Co. Ltd (TUC), and that this dissolution will not impact the Group’s operations....
US Canned Tuna Imports Fell Slightly In Early 2024
US canned tuna imports contracted slightly in the first quarter of this year with the total business amounting to USD 143.85 million. American retailers and traders cut back on their shipments...
Czech Tuna Company Gaston Is Evolving In The Dynamic EU Tuna Market
Gaston Group, the Czech Republic-based company, owns two of the most popular tuna brands in the country, Franz Josef and Giana. It has a strong foothold in other parts of Central and Eastern...
Anfaco Wants A Spanish Commissioner To Oversee DG Mare
Elections for the European Parliament are getting closer and EU citizens will take to the polls between June 6 to 9 to vote for their representatives. The Spanish seafood sector has several...
Nauterra’s 2023 Earnings Grew Despite “Great Challenges”
Spanish company Nauterra (formerly known as Grupo Calvo), reported a turnover of EUR 697 million in 2023, a modest three percent rise from the previous year. The canned tuna and seafood group...
Thai Canned Tuna Trade To Oceania Remained Stable In Q1 2024
The exports of Thai canned tuna to markets in the Oceania remained stable in the first quarter of this year. There was a slight dip in shipments to Australia, Thai processor's main market in...
Thai Union Shoots Down Red Lobster’s Claims
Thai Union Group has called US restaurant chain Red Lobster’s allegations “meritless.” The former Thai Union subsidiary filed for a Chapter 11 in a US Florida bankruptcy Court and accused its...
WTO To Tighten Grip On Illicit Tuna & Seafood Fraud
Annually billions of dollars are lost in world trade due to food fraud and illegal practices, according to the World Trade Organization (WTO). On Tuesday, it released the ‘Illicit Trade in...