From acorns, oak trees grow
IT's taken Arthur Shipalana and the now deceased Willem Walters more than 20 years to break into the capital intensive deep sea hake sector. Willem and Arthur registered the company way...
No squid sees profits slump
Premier Fishing interim results for the six months ended 28 February 2022.
PREMIER’s reduction in revenue by R62m to R224m is due to the scarcity of the squid resource, usually one of...
Appeals process for fishing rights allocation opens
Minister of Forestry, Fisheries and the Environment, Barbara Creecy, has urged any applicant who is dissatisfied with the 2021 Fishing Rights Allocation Process (FRAP) to lodge an appeal.
“Appeals must be lodged...
New app helps fishing boats avoid endangered species
THE discarding of fish at sea – known as “bycatch” – happens when fish have no commercial value or annual quotas for a commercial species are limited. It is widely regarded...
Creating an investment-ready platform for infrastructure projects in the emerging aquaculture sector
AQUACULTURE is one of the fastest-growing food sectors globally and is considered a key sector for future food production (Costello et al., 2020). Aquaculture is defined as the farming and husbandry...
Sea Harvest group posts positive results
SEA Harvest delivered revenue for the year ended 31 December 2021 of R4.6 billion, 5% ahead of 2020, and operating profit of R691 million, 10% ahead of 2020. Earnings per share...
New research discovers surprising activity among organisms thriving in extremely deep, hot subseafloor
SINCE the discovery of the deep subseafloor biosphere in the mid-1990s, scientists have studied the conditions under which organisms thrive in this isolated and generally food-deprived environment and wondered which conditions...
SA consumer power needed to help solve dire state of lobster fishing industry
Lobster forms part of South Africans rich cultural identity, it's an iconic product, and for citizens to continue to enjoy the resource, Serge Raemaekers from Abalobi says that we've all got...
Abagold out of the red
AQUACULTURE business Abagold, which specialises in farmed abalone, now looks fully recovered from a devastating red tide event that smacked the Hermanus-based operations in 2017.
In its latest annual report for the...
I&J’s profitable share sacrifice
HAKE giant I&J – which is controlled by consumer brands conglomerate AVI - has shed market share, but gained profits.
In the financial year to end June, AVI reported that I&J’s market...