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Sea Harvest packs for Perth

CAPE TOWN’s iconic hake company Sea Harvest has surprised the old salts in the fishing industry by casting deep into international waters. In early January Sea Harvest – which has a large production plant based in Saldanha Bay – announced a 19,9% investment in Mareterram Limited, a specialist fishing company-based in Perth and (recently) listed on the Australian Stock Exchange. The move was largely unexpected with Brimstone, the controlling shareholder on Sea Harvest, seemingly intent on pursuing organic growth by building additional non-seafood frozen food ranges.

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I&J unveils multimillion rand vessel

  • Published in Videos

I&J, an AVI subsidiary and South Africa’s oldest deep-sea Cape Hake fishing company, celebrated the unveiling, naming and ceremonial blessing of its new fishing vessels by Archbishop  Desmond Tutu’s daughter, Reverend Canon Mpho Tutu, at the V&A Waterfront in Cape Town.

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Hake profit net swells

It's really proving a good time of late to be a catcher of hake – a stark contrast to a period not that many years ago when this stalwart fishing niche was facing some
choppy waters. In fact, Cape Town’s two premier frozen fish specialists (and intense rivals) – Sea Harvest and I&J – now appear to be reeling in rather big
profit catches.

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