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
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
Dongwon officially enters era of ‘second generation’ management
A new era for the South Korean giant kicks off as the Fair Trade Commission approves the application to change the company's 'same person' to chair Kim Nam-Jung
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
Sashimi-grade frozen bigeye prices continue to fall in Japan on limited cold storage capacity
Wholesale prices of frozen bigeye tuna dropped 16% m-o-m to JPY 1,033/kg in March at the Tokyo Toyosu Market due to larger amounts flown from the limited cold storages
In charts: Decades-long fall in sales at world’s largest seafood wholesale market
An exclusive analysis by Undercurrent News shows that seafood sales at the Tokyo Central Wholesale Market in Japan have plummeted by 57% in volume over the past two decades
Bigeye tuna prices edge up in Japan as ranched bluefin softens
The wholesale prices of frozen bigeye are edging up at the Misaki Fish Market in Miura, a Japanese tuna processing cluster, following a short supply in January and February
Anchovy catches propel Peru landings, lead bounce back from 2022
Peru's fisheries sector saw its seafood landings rise year-on-year to 858,400 metric tons worth PEN 534.5m in November, up 84.8% by volume and 69.8% by value
Peru’s fishing industry rides high on anchovy boom, sees landings soar in October
Peru's fishing sector underwent significant changes in October 2023, showing a notable increase in landings year-on-year