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Companies June 18, 2020 5:27 PM
Environmental groups sue Trump to block opening of New England monument

'President Trump does not have the power to unravel this national monument or any other...' -- Kate Desormeau, senior attorney, Natural Resources Defense Council

Coronavirus June 17, 2020 2:02 PM
Management services pulled from FCF-connected tuna plant over Greenpeace report

By Jason Huffman

'Our concern with the Greenpeace report allegations were escalated recently with FCF’s acquisition of Bumble Bee and Clover Leaf brands' --  J. Douglas Hines, AFT founder

US investigates tuna brands June 16, 2020 8:18 PM
Former Bumble Bee CEO Lischewski sentenced to 40 months in prison

By Jason Smith

Christopher Lischewski's lawyers previously argued that the ex Bumble Bee CEO was unaware that two employees were collaborating with rivals

M&A June 16, 2020 3:29 PM
LatAm tuna players must separate out fleets to attract global giants

By Tom Seaman

The likes of Thai Union and Bolton are 'deterred' from moving into Latin America for deals due to this vertical integration, said partner at the Spanish office of PwC

Asia June 10, 2020 5:30 PM
Tuna processing, trading center opens near Shanghai

By Louis Harkell

China International Tuna Trading Center at Hengsha Fishing Port, Changxing Island, has 5,000 metric tons of annual processing capacity 

Coronavirus June 10, 2020 9:59 AM
Coronavirus to drive local EU canned tuna M&A, ‘caution’ on big cross-border deals

By Tom Seaman

There will be an increase in local consolidation in the European canned sector, but big players will be exercising caution around cross-border deals, said M&A advisor focused on sector

Coronavirus June 8, 2020 10:41 AM
Sapmer eyes sale of 90m seiner with tuna prices set low, bottom line in red

By Tom Seaman

The effort to sell Manapany comes as the coronavirus pandemic is depressing prices for skipjack and yellowfin tuna

Skipjack tuna June 8, 2020 7:12 AM
Walmart to require its canned tuna to be MSC or FIP-sourced by 2025

Walmart said that as of July 2020 it is moving to source its US private label canned tuna brand Great Value from MSC-approved fisheries or those with 'time-bound' FIPs

Policy June 5, 2020 5:46 PM
Trump expected to allow commercial fishing in Atlantic national monument waters

By Jason Huffman

The proclamation is expected to be made at a roundtable meeting of commercial fishermen and industry representatives in Bangor, Maine

Coronavirus June 1, 2020 10:26 AM
Speed, depth of yellowfin price collapse shocks industry veterans

By Tom Seaman

The coronavirus-driven drop in foodservice demand for yellowfin tuna globally has wiped €500-€550/t from the price in the past month, sources told Undercurrent News

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