Mitsubishi replaces top Princes exec as sale process drags on
Japan's Mitsubishi has replaced the top executive at UK-based Princes, with one PE player reportedly left in the long-running sale process
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
Major customer exodus at Chinese tuna giant after Dolphin Safe label loss, EJF report
Major tuna buyers including FCF and Bolton Group have confirmed to Undercurrent News they will cease purchases from Zhejiang Ocean Family, one of China's largest tuna companies
Chinese tuna firm Kaichuang sees net profits soar 40%
Shanghai Kaichuang Marine International reported its total revenues rose 3.8% to CNY 2.02bn last year; net profit jumped 40% to CNY 148m
Stable, low skipjack tuna prices see retailers ink major canned contracts
Retailers are taking advantage of relatively low prices. For example, German discount retailer Lidl reportedly recently signed massive contracts with several canneries in Ecuador
Japanese canner launches $103m takeover bid for seasoning firm
Inaba Foods, one of Japan's largest seafood canned producers, has launched a JPY 15.4bn takeover bid for Yaizu Suisankagaku Industry, a seafood-related seasoning manufacturer
Report: Tuna caught by Chinese vessels that netted penguins, whales linked to Bumble Bee
Some of the world's largest seafood brands, including US tuna giant Bumble Bee Foods, have again been linked to disturbing fishing practices and human rights abuses in China's distant water fishing fleet
Japan’s Nissui, Maruha win MSC status for purse seine tuna fisheries
The two tuna purse seiner fisheries are in the Western Central Pacific, and for both yellowfin and skipjack
Skipjack, yellowfin tuna propel Maldives’ fish exports to over $136m
The Maldives has witnessed a significant surge in fish exports, reaching MVR 2.1bn as of November 2023, according to data from the country's monetary authority and customs
Tuna commission halves FAD closure period in Western Pacific
The agreed FAD closure period reduction should result in a 'moderate increase' in the catch of WCPO skipjack from the waters of PNA and Tokelau, said the island group