After much speculation on its release date, Dongwon F&B announced the launch of its ‘My Plant’ food line with plant-based tuna and other vegan items on March 7. The new brand – with the...
Tuna Trade News
SKJ1.8:BKK Pushed Higher As Skipjack Supply Weakens
After more than a month of relatively stable pricing, the level at which frozen whole round skipjack in Bangkok is traded has risen sharply, mostly driven by the abysmal supply. Sources said...
Outrage Over Calvo Tuna Price
After a recent social media post went viral, Spanish shoppers have shown their outrage to German supermarket chains Lidl and Carrefour-owned Supeco for charging a higher price for Calvo tuna...
Continuing Drop In Sunflower And Soy Oil Prices Good News For Tuna Processors
Sliding vegetable oil prices are great tidings for the global canned tuna industry which was burdened by elevated rates in its supply chain for most of 2022. Last year's fourth quarter showed...
Boston Seafood Expo To Focus On Sustainability & Compliance
Seafood Expo and Seafood Processing North America is set to take place in less than two weeks. Several major topics relating to the tuna and seafood industry will be discussed during the...
Philippines Canned Tuna Producer Mega Prime Gearing For IPO
Manila-based canned tuna and seafood processor Mega Prime Foods is gearing up to explore new horizons. During the opening of a third plant on Wednesday, the firm announced its new CEO and...
Polish Firm Graal Sells Tuna Canning Operations To German Food Giant
Polish company Graal Capital Group has sold its tuna and seafood canning operations to Lisner Holding, a subsidiary of German-based Unternehmensgruppe Theo Müller (UTM). Its founder and CEO...
Ecuador Makes China The Scapegoat For Its Reduced EU Loins Exports
The Ecuadorian government used the visit of a European delegation to address the autonomous tariff quota for tuna loins which China largely fills. Their national tuna industry claims that this...
Garba Fish Trading In Ivory Coast Regulated After Much Criticism
Last year, the Ivory Coast government placed a cap on the prices of faux thon (fake tuna) in the country after much backlash from the local tuna industry and other stakeholders. Faux thon is...
Will US Continue Expanding Its Canned Tuna Imports?
In 2022, US traders and retailers imported 25 percent more canned tuna. As usual, Thai processors supplied the majority of the products (60 percent), but canners in Mexico and Vietnam also...
Dry Containers Currently Lower Priced Than Pre-Pandemic Rates
Dry container rates have declined to lower than pre-pandemic levels and analysts are forecasting that they might drop even more. Although prices for reefers, which transport frozen whole...
Costa Rica To Ink FTA With Ecuador Over Tuna Exports
On March 1, Costa Rica and Ecuador will sign a free trade agreement (FTA) with 90 percent of Costa Rican exports, including tuna, entering its South American neighbor’s market duty-free....
Imprisonment Of Filipino Politician Among Obstructions To EU Free Trade
The Philippines wants to continue free trade relations with the EU, but the agreement will end this year. The bloc is considering an extension of the Generalized Scheme of Preferences Plus...
Italian Thieves Stealing Truck Full Of Tuna Arrested
The Italian police arrested two men who attempted to steal 30 pallets of canned tuna. The accused – aged 47 and 54 – were already under the watch list for alleged theft and complicity. The...
Cape Verde Will Export First Bluefin This Year
African archipelago Cape Verde is gearing up to export bluefin within a year. Prime Minister Ulisses Correia e Silva recently visited the bluefin farming company Nortuna based in São Vicente....
Airone Seafood’s CEO Steered Company To High Performance
Italian tuna company Airone Seafood has come a long way since it was founded. Sergio Tommasini, CEO of the firm, came on board in 2020 during the difficult pandemic period. However, over the...
US Imported Record Level Of Tuna Pouches In 2022
American consumers’ preference for ready-to-eat tuna pouches has been steadily growing over the years. According to NOAA’s data, in 2022, retailers and traders purchased the highest volume of...
Dongwon Diversifies Into Plant-Based Food Segment
Korea’s leading tuna brand Dongwon is gearing up to test its luck with vegan foods for the first time. It announced the release of vegan canned products made from vegetable raw materials....
Boston Seafood Expo Bans Tuna Alternatives
As the annual Seafood Expo North America (SENA) nears, plant-based food companies are once again prohibited from exhibiting at the event. Its organizer, Diversified Communication, instituted a...
Jealsa’s Turnover Reached Nearly EUR 800 Mil In 2022
After a difficult two years, 2022 turned out to be an exceptional one for Jealsa Corporation. The Group closed the year with a 13 percent growth in turnover, reaching close to EUR 800 million....