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Spanish body optimistic over canned tuna sector despite spate of insolvencies

Despite a bad start to 2023, export growth has offset the small drop in canned tuna consumption in Spain last year, according to the ANFACO-CECOPESCA

Profit at Dongwon’s seafood unit surges 17% on greater Q1 tuna catches

South Korean seafood giant Dongwon Group posted a 17% y-o-y growth in seafood business revenue at $289m, fueled by strong performances in its tuna fishing operation

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Spanish tuna firm Atunlo files for bankruptcy amid internal strife

Howes says MSC will amend requirements this summer after forced labor criticisms

NGO blasts Chinese proposal to limit stakeholder interactions at IOTC

Tuna buyers call for 30% cut in yellowfin catches as IOTC meeting kicks off

Kyokuyo targets $2.6bn in revenue on near-tripled overseas business

Pew urges IOTC to reignite stalled tuna harvest control rule talks

Thai Union’s profit jumps in Q1 without Red Lobster thanks to ambient product sales

French retail giants team up with GTA to drive tuna sustainability efforts

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Latest news

Maruha Nichiro revenue hits new record on robust earnings in processed seafood

Yellowfin prices on the rise amid slow catches as IOTC meeting approaches

Fishmeal sales surge amidst Peru’s fisheries export slump

Peru’s bonito tuna fishing soars, exceeding authorized catch limit

Pereira charts expansion beyond Spain with new squid fishing vessel, facility upgrades

Papua New Guinea signs port state measures, joining efforts against IUU

Peru fishery sector began 2024 with sharp decline in anchovy landings

Tri Marine attains MSC label for skipjack tuna in the Eastern Pacific

Aussie retailer gets MSC across its tuna

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Japan’s yen drops to 34-year low against dollar, further hurting purchasing power in global market

Credit: Jayakumar/Shutterstock.com

Indian fishers forced farther out to sea as coastal fisheries decline

Tuna giant Bolton’s CEO takes reins at Tri Marine as integration continues

Spanish cannery Nauterra hits record turnover of over €700m in 2023

Signs that skipjack tuna prices have bottomed out

Captain Fresh looks to build EU shrimp cooking platform, eyes other species

Now-€450m French distributor eyes export boost, more sales through app

Japanese tuna longliner runs aground in NZ

Popular stories

Investor group calls on Japan’s Toyo Suisan to withdraw from seafood

An investor group led by Nihon Global Growth Partners Management wants Toyo Suisan Kaisha to withdraw from the seafood trading business and concentrate on its ramen operations

Fishermen rescued as tuna vessel sinks in Tuvalu waters

Twenty-two fishermen were rescued just moments before their vessel sank in the South Pacific on April 14

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aquaculture

Carbon emissions reduction ‘key’ for Thai Union’s 2030 strategy

Barcelona 2024: Smaller sizes, low coho prices pressure Chilean salmon in US; JP Klausen to process Kiwi H&G in Peru for Europe

Official data shows Americans are eating less canned seafood, TikTok says otherwise

prices

free read Over 450 seafood prices from world’s largest market added to Undercurrent portal

Sashimi-grade frozen bigeye prices continue to fall in Japan on limited cold storage capacity

Filipino tuna firm Century Pacific achieves higher profits in 2023

companies

Jordan Mazzetta’s Eddie M’s snaps up American Fish & Seafood

Peruvian fishermen question irregular entry of Chinese vessel into national waters

Spain allocates 2024 Indian Ocean tuna quotas to Spanish fleet

people

Bumble Bee names former StarKist CEO as boss

NGO hires former Thai Union, IPNLF exec as new Asia director

Peruvian seafood industry association reappoints Miranda as president

m&a

Shareholder disagreement emerges as Atunlo navigates pre-insolvency proceedings

Shareholder hostility eases as Atunlo lays out plans to avoid bankruptcy

Mitsubishi replaces top Princes exec as sale process drags on

retail

2023 retail inflation sees most UK key seafoods hike in price, volumes drop

CEO of Maldives tuna firm suspended over corruption allegations

New US sushi council doubles membership following Boston

processing

Santa Monica plans market share grab with new plants, restructured foodservice team; M&A on backburner

Yellowfin management up for discussion again at May’s IOTC meeting

Skipjack, yellowfin prices hold steady in main processing hubs

fishing

Major customer exodus at Chinese tuna giant after Dolphin Safe label loss, EJF report

Acoustics study has potential to reduce yellowfin tuna overfishing

Philippines coast guard seizes two vessels for suspected IUU