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Prices
Yellowfin prices on the rise amid slow catches as IOTC meeting approaches

By May 7, 2024 10:05 AM

Yellowfin tuna prices for delivery to Spain are increasing amid slow catches worldwide

Japan
Japanese tuna longliner runs aground in NZ

April 29, 2024 9:38 AM

Japanese tuna longliner Chokyu Maru No.68 ran aground in New Zealand’s Hauraki Gulf, before being safely refloated into the port of Auckland

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

By April 23, 2024 1:42 PM

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

M&A
Mitsubishi replaces top Princes exec as sale process drags on

By April 9, 2024 8:55 AM

Japan's Mitsubishi has replaced the top executive at UK-based Princes, with one PE player reportedly left in the long-running sale process

World
In charts: Decades-long fall in sales at world’s largest seafood wholesale market

By April 8, 2024 10:43 AM

An exclusive analysis by Undercurrent News shows that seafood sales at the Tokyo Central Wholesale Market in Japan have plummeted by 57% in volume over the past two decades

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

By April 4, 2024 10:34 AM

Major tuna buyers including FCF and Bolton Group have confirmed to Undercurrent News they will cease purchases from Zhejiang Ocean Family, one of China's largest tuna companies

Prices
Yellowfin prices remain stable amid pressure from low skipjack prices

By April 2, 2024 10:27 AM

Yellowfin tuna prices for delivery to Spain remained roughly stable at the end of March, with the Easter holidays slowing down deals for April delivery

Companies
Tuna, shrimp lead Vietnam to stronger seafood export start in 2024

March 21, 2024 1:55 PM

Vietnam exported $1.3 billion worth of seafood in the first two months of 2024, 23% ahead of the pace kept in the first two months of 2023, reports the Vietnam Seafood Exporters and Producers

Skipjack tuna
Japanese canner launches $103m takeover bid for seasoning firm

By March 18, 2024 11:20 AM

Inaba Foods, one of Japan's largest seafood canned producers, has launched a JPY 15.4bn takeover bid for Yaizu Suisankagaku Industry, a seafood-related seasoning manufacturer

Traceability
Maruha claims MSC Alaskan pollock product’s CO2 emissions 17% less than ‘regular’

By March 12, 2024 9:54 AM

The Tokyo-based seafood giant says the CO2 emissions of its eco-labeled, coated product throughout the supply chain are around 17% lower than when 'using regular pollock raw materials'

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