Japan’s Sojitz targets 210% seafood business profit growth to $27m
The Japanese conglomerate intends to lift its seafood business net income to JPY 4bn within three years
Another 92t of unreported bluefin tuna catch found in Japan
The additional investigation found 92.6t of unreported catch for fiscal years 2019 and 2020 in Japan's most famous tuna fishing region
Just under half of global tuna stocks now meet MSC overfishing standard
The latest report from the ISSF shows that 11 of the 23 major commercial tuna stocks are maintaining stock biomass levels, up from eight last year
High-grade bigeye tuna prices hit nine-month low in Japan
June wholesale prices of frozen bigeye tuna, caught in the eastern Pacific Ocean, fell to JPY 999/kg at Tokyo Toyosu Market, below JPY 1,000 for the first time since last November
WCPCF lifts bluefin quota 50% for large-sized fish
Members of the WCPCF have agreed to lift the western Pacific bluefin tuna quota by 50% for large-sized fish and 10% for small-sized tuna
Acme acquisition of Banner strengthens New York foothold
Eli Attias, former co-owner of Banner, will join Acme's Greenpoint facility as operations manager, following the acquisition that will lead to the closure of Banner's Coney Island facility
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
Nissui to merge domestic bluefin tuna farming operations into new subsidiary
The Japanese seafood giant will integrate its domestic bluefin tuna operations under two subsidiaries into a new entity, Nissui Maguro Co.
Pacific bluefin tuna rebounds faster than expected
A recent stock assessment shows that, in 2022, the number of spawning bluefin reached 23.2% of the potential unfished spawning stock
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