Greg Banzon, COO of Century Pacific Food, Inc., believes that the Middle East and North Africa (MENA) is “the world's most import-dependent tuna market.” He gave an overview of the consumer...
Tuna Processing News
Bangkok Skipjack Price Nears Historic Peak
Skipjack raw material prices are continuing to climb in the Bangkok processing hub, and they are close to hitting the historic peak. Since the start of this year, skipjack prices have risen 53...
EU Albacore Imports Fall Amid Steep Declines From China
EU demand for frozen whole round albacore declined in H1 2026 but remained well above 2022-2024 levels while prices edged higher during the period. Major suppliers lost business this year,...
Canned Tuna Is Popular In Protein Diets And Among Ozempic Users
The worldwide trend of eating more protein and lean diets has boosted the interest in canned tuna and other seafood. Moreover, it fits perfectly into the diet of people using weight-loss...
WR Skipjack Demand In EU Freezes At Historic Low
The demand by the EU processing industry for frozen whole round skipjack has sunk to a low level in the first half of 2026. Spanish canners lowered their intake dramatically. When looking at...
EU Sets Key Criteria As Thailand FTA Talks Accelerate
EU-Thailand Free Trade Agreement (FTA) talks are advancing in Phuket, with the EU offering greater market access for canned tuna tied to fish caught by EU fleets, an unprecedented condition...
Major Global Highlights September 2026
The skipjack raw material price in all key processing hubs continued its upward trajectory. The US, in a shocking move, attacked and sank an Ecuadorian purse seiner, alleging it was used for...
Cepesca Says Fuel Aid Is Not Sufficient
Spain’s extension of the diesel bonus to December 31 is necessary but not enough to keep the tuna and other seafood fishing operations profitable, with knock‑on risks for supply and prices,...
Pole-And-Liners Dropout Brings Ghana’s Tuna Industry In Danger
The tuna supply chain in Ghana is severely disrupted as 20 pole-and-line vessels have stopped their operations, wiping out an entire fishing segment. Multiple causes underlie this decision....
ISSF Suspends Aneka Tuna Indonesia Over Conservation Measure Breach
The International Seafood Sustainability Foundation (ISSF) Board has immediately suspended PT Aneka Tuna Indonesia (ATI) from participation after the company was found non-compliant with an...
MIFCO CEO Says Balancing Firm Viability, Fishermen’s Income Is Key Challenge
The Maldives Industrial Fisheries Company (MIFCO) is facing challenges in 2026, said Mohamed Anas, CEO of the company since May. Finding a workable commercial model within the reality is one...
China Expands Role In EU Yellowfin Supply
The intake of frozen whole round yellowfin by EU processors declined in H1 this year. However, the share of smaller suppliers expanded by 47 percent. Chinese traders enlarged their business...
Marfrío Turns Tuna Processing Adventure Into Profit
Spanish tuna and seafood processor Marfrío increased its sales in 2025 and posted a modest profit. After turbulent years and finalizing its alliance with Atunlo following its bankruptcy, the...
Tuna Companies Gear Up For SIAL Paris 2026
SIAL 2026, the biennial international food trade show in Paris, is approching on October 17, where several tuna companies are set to showcase their products. The event is expected to bring...
Ecuadorian WR Yellowfin Influx To EU Puts Pressure On Prices
Increased imports of Ecuadorian frozen whole round yellowfin has forced the average price down, while demand declined in the EU market with stricter safety rules playing a role. European tuna...
EU-Thailand Pact Could Upend EU canners, Galica Warns
The European Commission announced a tenth negotiation round for the free trade agreement with Thailand that began today in the Asian country and could be the final one. This prompted the...
MIFCO CEO Says Yellowfin Buying Strategy Gains Traction
MIFCO’s decision to start buying yellowfin from Maldivian fishers last year has received a positive response from fishermen who have long called for the company to purchase the species....
Portugal Weighs Zero Percent VAT On Canned Tuna
Portugal is considering removing value-added tax (VAT) for canned tuna and other staple foods for six months to ease cost concerns for its citizens. But Finance Minister Joaquim Miranda...
Thai Union Earnings Forecast Downgraded As Cost Pressures Climb
JPMorgan, a US investment brokerage, has downgraded Thai Union Group to an “Underweight” rating due to slowing earnings momentum and diminishing profit growth expectations. The tuna company's...
MIFCO CEO Says Sustainability Keeps Maldives Tuna Competitive
Mohamed Anas, the new CEO of Maldives Industrial Fisheries Company (MIFCO), said the Maldives’ pole-and-line tuna fishery and its sustainability credentials remain key drivers of the country’s...
