Oman’s Simak launches first tuna consumer products
Simak, a firm owned by Fisheries Development Oman, has officially launched its new line of commercial canned tuna products in the domestic market
Dongwon Industries to double dividend payouts with AI integration, new ventures
The South Korean conglomerate plans to double its dividend payouts while driving growth through AI integration and innovative ventures, such as land-based salmon farming
Nine-year tuna price-fixing saga ends as judge signs off on $130m settlement for US consumers
The Nov. 22 rulings effectively closed one of the largest antitrust cases in the US seafood industry, bringing long-awaited relief to consumers and businesses harmed by alleged price-fixing
Filipino tuna giant sees profits lift 14% on strong sales
Filipino tuna cannery Century Pacific Food, known for brands like Century Tuna, reported a 14% increase in net income
Senegal’s tuna fishery achieves MSC after four-year FIP
A Senegalese Atlantic Ocean tuna fishery, represented by Compagnie Africaine de Peche au Senegal and Senegalese-founded Grand Bleu, has become the first in the region to achieve the certification
Maruha Nichiro posts record revenue on robust sales in processed seafood, pet food
The Japanese seafood giant posted a record JPY 532.7bn in revenue for H1 of 2024, driven by robust performance in processed seafood and North American pet food sales, despite continued weakness in its Alaskan pollock operation
Middle East conflict fuels Thailand’s canned tuna export growth
The ongoing conflict in the Middle Eastern region has led to a notable economic surge for Thailand's canned tuna sector, as skipjack tuna prices jump month-on-month
Skipjack tuna prices in Bangkok, Manta leap as catches slow down
Skipjack tuna prices for delivery in Bangkok, Thailand, have increased this month as fishing activities in the Western Pacific slowed down somewhat
US East Coast wholesaler on port standoff: ‘This strike is going to really wreak havoc’
The US imports as much as 260,000 metric tons of seafood worth $21.1 billion monthly, much of it arriving in the more than 14 ports that have shut down
South Korean Sajo Daerim’s premium tuna sales surge 280% amid gourmet demand
The Seoul-based seafood processor reported a 280% surge in its 'Premium Tuna' sales, driven by rising gourmet demand and a high-profile advertising campaign