Tradex: EU buyers should secure long-term contracts before cod, haddock prices rise further
There is some current volatility in the European seafood market, particularly in southern Europe, driven by seasonal factors, Tradex noted in its latest report
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
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
Carrefour suspends sourcing of Indian Ocean yellowfin for own-label cans
The GTA, an independent association of major retailers and seafood suppliers seeking sustainable tuna management, has announced its partnership with European retailer Carrefour
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
Yellowfin tuna prices tick up further in July
Yellowfin tuna prices for July delivery in Spain continued to increase after the trade level reached its highest level since June 2023 last month
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
California company recalls yellowfin tuna product
The Fresh Catch company, based in Los Angeles, California, has recalled one of its yellowfin tuna products because of high histamine levels
South Korea signs fisheries MOU with Kenya, Seychelles as it sees African potential
Korea's Ministry of Oceans and Fisheries hosted an international conference earlier this month at which it signed an MOU with Kenya and Seychelles on fisheries management
Maruha bets on North America recovery, sets 15% growth goal for Thai pet food
After witnessing a year-on-year decline from 2022's record-high earnings, the Japanese seafood giant intends to lift net sales for its Thai cannery operation to $270m in 2024