Thai exports rebound in 2024 as tuna, pet food sales surge
Thailand's key frozen and processed seafood exports lifted in 2024, with total volumes rising 22% to 1.48m metric tons, driven by a 30% recovery in tuna and a 19% increase in pet food sales
Investigation reveals North Korean forced labor on Chinese fishing vessels
Chinese tuna fishing vessels operating in the Indian Ocean employed North Korean workers under conditions of forced labor between 2019 and 2024, potentially violating UN sanctions, according to the Environmental Justice Foundation
US importers fear Indonesia’s new export rule will wipe out blue swimming crab suppliers
'The guys who are cash-poor are going to get pushed right over the cliff' -- seafood importer Donelson Berger regarding Indonesian exporters
Week 8 Japan tuna roundup: Frozen bigeye low-end prices hold firm as supply tightens
Wholesale low-end prices of large-sized frozen bigeye tuna, a key benchmark for lean meat or Akami, remained steady at JPY 650/kg at Tokyo Toyosu Market since Week 4, though still JPY 100/kg lower than the same period last year.
South Korea’s Dongwon enters US pet food market with targeted annual sale of $22m
Donwon F&B aims to reach KRW 200bn in annual pet food sales by 2027, with exports to the US, Canada, Thailand, Indonesia, Singapore and Russia
Japanese advertising giant to test AI-powered tuna quality assessment in Indonesia
Japan's Dentsu plans to launch an AI-powered tuna quality pilot in Indonesia, aiming to strengthen its fresh tuna market presence and expand across Southeast Asia
Philippines’ skipjack catch second-highest in history despite fisheries decline
The Philippines' skipjack tuna harvest surged 31% y-o-y to 236,000t in 2024, marking the second-highest level on record, even as the country's overall fisheries sector contracted by 5%
Week 5 Japan tuna roundup: Fresh bluefin prices up despite abundant supply
The expanded sourcing of 'relatively high-quality' tuna boosted fresh bluefin arrivals at Tokyo's Toyosu Market by 16% w-o-w, driving auction prices nearly 30% higher
Defective ‘easy-open’ pull-tabs results in Thai Union US canned tuna recall
Tri-Union Seafoods, owned by Thai Union, has issued a recall on a number of canned tuna products due to a defective pull tab
Cermaq’s profit rises 7% to $53m on salmon cost improvements in Chile
Cermaq Group posted a JPY 8.1bn net profit for the April-December 2024 period, driven by significant improvements in production costs in Chile