Dongwon adds two new purse seiners to tuna fleet at cost of $73m
The South Korean giant has added two new 2,000t purse seiners to its fleet with an investment of around KRW 100bn
Infofish Tuna 2024: New canneries for Maldives, Oman; Ecuadorian canneries, software provider test ‘transformative potential’ of AI in tuna processing
Undercurrent News is reporting live from the World Tuna Trade Conference & Exhibition, held in Bangkok, Thailand, from May 20-22
Dongwon officially enters era of ‘second generation’ management
A new era for the South Korean giant kicks off as the Fair Trade Commission approves the application to change the company's 'same person' to chair Kim Nam-Jung
Yellowfin prices on the rise amid slow catches as IOTC meeting approaches
Yellowfin tuna prices for delivery to Spain are increasing amid slow catches worldwide
Japanese tuna longliner runs aground in NZ
Japanese tuna longliner Chokyu Maru No.68 ran aground in New Zealand’s Hauraki Gulf, before being safely refloated into the port of Auckland
AquaFoods CEO announces exit of US wild catch ventures to prioritize aquaculture
The announcement effectively dispels rumors circulated via local media that the company was halting all fish exports, irrespective of source, CEO and co-founder Patrick Roulet Bornhausen told Undercurrent News
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
Yellowfin prices remain stable amid pressure from low skipjack prices
Yellowfin tuna prices for delivery to Spain remained roughly stable at the end of March, with the Easter holidays slowing down deals for April delivery