The group posted a volume sales increase of 1.7%, while EBITDA was €62 million, slightly down on the €66 million the company recorded in 2016.

Grupo Calvo is present in over 70 countries through its three main brands, Gomes da Costa, Calvo and Nostromo, and the company boasts production and packaging plants in Spain, El Salvador and Brazil.

Despite a shortage of local raw material (primarily sardines) for its Brazilian Gomes da Costa subsidiary and the depreciation of the Brazilian real, the company either increased or maintained its sales volume and market share in all markets in which it operates.

Source: European Supermarket Magazine

Last Friday U.S. and Chinese officials announced a bundle of tariffs, each targeting the other nation's exports in what could become an all-out trade war.

President Donald Trump made an announcement early in the day imposing a 35 percent tariff on all Chinese goods containing "industrially significant technologies," an estimated $50 billion worth of Chinese goods, calling the move an effort to boost domestic production.

More than 800 products, about $34 billion worth, will be subject to tariffs starting July 6. About 280 other exports will need to undergo a public comment period and will take effect later.

It wasn't long before an in-depth discussion of sustainable tuna products - carried out during  a pre-conference session leading up to this week's SeaWeb Seafood Summit in Barcelona, Spain - turned to a familiar question that has long puzzled the sector's stakeholders: Who pays?

If you're asking Jonathan Curto, the sustainability coordinator for Tri Marine Management Company, everybody pays at some point.

"I think that everybody bears a piece of that pie," he said during a panel discussion ("Taking the Initiative: Company, Conservation and Collaborative Efforts to Address Tuna Fisheries") on Monday, 18 June, a day before SWSS18's official conference program kickoff.  

8 PNA Pacific Island nations and the associated Tokelau territory, with 25% of the world's tuna caught in their waters, announced at the SeaWeb Sustainable Seafood Summit in Barcelona that they will launch a blockchain initiative covering all its MSC certified sustainably caught tuna by end July 2018. The tuna products will be recognizable by the Pacifical logo. This announcement positions the PNA's market development company Pacifical as pioneer of the first large scale blockchain initiative within the 42 billion dollar tuna industry.

Maurice Brownjohn, Commercial Manager of the PNA Office, announced that Pacifical will launch the platform in cooperation with Atato, a Thailand-based blockchain service provider. Powered by Ethereum's blockchain smart contracts and IPFS decentralized storage, integrating with Pacifical's traceability solutions.

Soon after the 2018 SeaWeb Seafood Summit's  pre-conference session on tuna sustainability concluded on Monday, 18 June, in Barcelona, Spain, Sea Pact announced new funding for a Fishery Improvement Project (FIP) aimed at reducing the impact of Sri Lanka's longline fisheries for yellowfin and bigeye tuna and swordfish on endangered, threatened and protected (ETP) non-target species.

Thirty Sri Lankan longline vessels will implement a new crew-based observer program as part of the project, in an effort to better address the problem of inadequate information and data relating to ETP species discarded from the country's longline fishery. 

Source: SeafoodSource