South Korea’s overseas fishery registers 41% growth in Jan-May tuna catch
The East Asian country's overseas fishery caught 222,943t through January-May 2024, a 38% increase y-o-y, largely due to bumper harvests of tuna and squid
South Korea’s Sajo plans to hit $7.2bn revenue via M&A
Through two recent large-scale deals, the South Korean giant aims to become the third-largest food group in the country this year, then reach KRW 10tr in five years
Starkist, former Bumble Bee owner settle US price-fixing lawsuit
The settlements the court confirmed on Tuesday address decade-long allegations of inflated prices impacting consumers and wholesalers
Signing of treaty opens door to bounce-back year for North Pacific albacore tuna catches
The US and Canada combined for just 3,836 metric tons in 2023, one of the worst seasons on record, and down from 12,089t in 2022
Dongwon adds two new purse seiners to tuna fleet at cost of $73m
The South Korean giant has added two new 2,000t purse seiners to its fleet with an investment of around KRW 100bn
Infofish Tuna 2024: New canneries for Maldives, Oman; Ecuadorian canneries, software provider test ‘transformative potential’ of AI in tuna processing
Undercurrent News is reporting live from the World Tuna Trade Conference & Exhibition, held in Bangkok, Thailand, from May 20-22
Japanese tuna longliner runs aground in NZ
Japanese tuna longliner Chokyu Maru No.68 ran aground in New Zealand’s Hauraki Gulf, before being safely refloated into the port of Auckland
Canned seafood importer J.A. Kirsch sold to Atalanta
J.A. Kirsch is reported to have a diverse range of more than 100 active SKUs, including tuna, salmon, sardines and anchovies
StarKist introduces new tuna, chicken pouch products
The products come with suggested retail prices of $1.69 and $3.39
Mixed trends in US retail seafood sales reflect inflationary pressures
More than half of shoppers are now seeking specials more frequently and 45% are cutting back on non-essentials, Circana reports