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
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