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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

Kyokuyo targets $2.6bn in revenue on near-tripled overseas business

It has already invested in Vietnam, Canada, the US state of Washington, and Turkey with a view to establishing a sales foothold in Europe and the Middle East

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Pew urges IOTC to reignite stalled tuna harvest control rule talks

Thai Union’s profit jumps in Q1 without Red Lobster thanks to ambient product sales

French retail giants team up with GTA to drive tuna sustainability efforts

Maruha Nichiro revenue hits new record on robust earnings in processed seafood

Fishmeal sales surge amidst Peru’s fisheries export slump

Peru’s bonito tuna fishing soars, exceeding authorized catch limit

Pereira charts expansion beyond Spain with new squid fishing vessel, facility upgrades

Papua New Guinea signs port state measures, joining efforts against IUU

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Latest news

Peru fishery sector began 2024 with sharp decline in anchovy landings

Tri Marine attains MSC label for skipjack tuna in the Eastern Pacific

Aussie retailer gets MSC across its tuna

Japan’s yen drops to 34-year low against dollar, further hurting purchasing power in global market

Indian fishers forced farther out to sea as coastal fisheries decline

Credit: Jayakumar/Shutterstock.com

Tuna giant Bolton’s CEO takes reins at Tri Marine as integration continues

Spanish cannery Nauterra hits record turnover of over €700m in 2023

Signs that skipjack tuna prices have bottomed out

Captain Fresh looks to build EU shrimp cooking platform, eyes other species

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Now-€450m French distributor eyes export boost, more sales through app

Japanese tuna longliner runs aground in NZ

Investor group calls on Japan’s Toyo Suisan to withdraw from seafood

free read

Recap UCN’s SEG Barcelona 2024 coverage

AquaFoods CEO announces exit of US wild catch ventures to prioritize aquaculture

Italian firm’s cannery closes with loss of nearly 500 jobs following founder’s death

Sashimi-grade frozen bigeye prices continue to fall in Japan on limited cold storage capacity

Barcelona 2024: Smaller sizes, low coho prices pressure Chilean salmon in US; JP Klausen to process Kiwi H&G in Peru for Europe

Popular stories

Peruvian fishermen question irregular entry of Chinese vessel into national waters

On the night of April 18, around a hundred artisanal fishermen from Peru's port of Chimbote were forced to halt their fishing activities due to the unexpected appearance of a massive Chinese fishing vessel

Fishermen rescued as tuna vessel sinks in Tuvalu waters

Twenty-two fishermen were rescued just moments before their vessel sank in the South Pacific on April 14

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aquaculture

Carbon emissions reduction ‘key’ for Thai Union’s 2030 strategy

Recycling project tackles marine debris issue in eastern Canada

FAO: Fisheries, aquaculture production hit new global record in 2022

prices

free read Over 450 seafood prices from world’s largest market added to Undercurrent portal

Filipino tuna firm Century Pacific achieves higher profits in 2023

Skipjack, yellowfin prices hold steady in main processing hubs

companies

Jordan Mazzetta’s Eddie M’s snaps up American Fish & Seafood

Shareholder hostility eases as Atunlo lays out plans to avoid bankruptcy

Peruvian seafood industry association reappoints Miranda as president

people

Bumble Bee names former StarKist CEO as boss

CEO of Maldives tuna firm suspended over corruption allegations

Thai Union, Human Rights at Sea contribute to GSA’s new Wi-Fi access for fishing crews report

m&a

Shareholder disagreement emerges as Atunlo navigates pre-insolvency proceedings

Mitsubishi replaces top Princes exec as sale process drags on

Japanese restaurant giant to buy US sushi supplier

retail

2023 retail inflation sees most UK key seafoods hike in price, volumes drop

New US sushi council doubles membership following Boston

Walmart, Albertsons, Thai Union join tuna sector pledge against IUU

processing

Santa Monica plans market share grab with new plants, restructured foodservice team; M&A on backburner

Yellowfin management up for discussion again at May’s IOTC meeting

Vietnam’s canned tuna exports soar by 21% in Q1 to over $196m

fishing

Major customer exodus at Chinese tuna giant after Dolphin Safe label loss, EJF report

Acoustics study has potential to reduce yellowfin tuna overfishing

Philippines coast guard seizes two vessels for suspected IUU