Filipino tuna, sardine canner sets price for IPO

Century Tuna (Century Pacific Food)

Century Pacific Food sets price for its initial public offering of a 10% stake at PHP 13.75 per share, potentially raising PHP 3.16bn (more…)

Australian demand for Vietnamese black tiger shrimp remains strong

Vietnamese black tiger exports to Australia remained stable in 2013 despite the trend of increasing imports of vannamei shrimp over black tiger in many consumer markets

EU shrimp buyers sitting on stocks hope for further fall in prices

Thai shrimp plant

Shrimp buyers in EU and US with stock are sitting off and waiting for prices to fall further, with some still having to buy to meet commitments; all waiting for true production picture to develop soon (more…)

Chilean coho, trout prices to Japan increase

Chilean Atlantic salmon exported to the US went down to $4.84 per pound, confirming the decreasing price trend, after three consecutive weeks of falls

Global surimi production could face 50,000t or more shortfall this year

Photo: The Jimkuroy

Low inventories, combined with demand growth in Asia and stable production will mean demand will outstrip supply this year, says Future Seafood director Pascal Guenneugues (more…)

Thai Union: MW Brands can reach €1bn sales within three to five years

Volatile tuna prices hit Thai Union in 2013, though the branded business showed resilient growth, said the group

Paris-based tuna canner has ability to up sales by nearly 50% in next few years, says Thai Union president, as he reiterates better outlook ahead for the Thai tuna and shrimp business (more…)