F A C T O R Y SHAREHOLDERS BACK SEALORD $70M NEW VESSEL PURCHASE A new $70m state-of-the-art deepwater fishery vessel will be purchased by Sealord, bringing operational efficiency, sustainability and 80 new local jobs to New Zealand. Designed by naval architect Skipsteknisk and to be built by Simek in Flekkefjord, Norway, the vessel is expected to be delivered in mid-2018. The investment marks the first new vessel purchase by Sealord since 1996, making it the first to enter New Zealand deepwater fisheries in the past 20 years. With the capacity to fish 20,000 metric tonnes and target all Sealord’s species, the 83m vessel will produce all base products while at sea and has the ability to produce its own electricity. NEED TO TRANSFER PRODUCT OF HIGH VISCOSITY? FOR A COMPLETE RANGE OF SANITARY SOLUTIONS CALL STROUDS TODAY CONTACT MATTHEW ON 0275-673-049 56 SEPTEMBER 2016 WWW.STROUDS.CO.NZ FT157 Sealord chairman Whaimutu Dewes says with Sealord’s vision to be the best deep sea fishing company in New Zealand, this investment in the reliability, efficiency and increased capacity of the fleet is essential. Chief executive officer Steve Yung says Sealord’s shareholders, Maoriowned Moana New Zealand (Aotearoa Fisheries Limited) and Japanese company Nippon Suisan Kaisha, Ltd (Nissui), have committed to the vessel purchase, which they will partfund. “It will be able to fish all Sealord’s target species, including pelagic fish such as barracouda, squid and jack mackerel – something we’ve previously only been able to do through chartering vessels.” While allowing more flexible and efficient operations, the new jobs created will be vessel-based roles, including permanent full-time roles such as skipper, fishing crew and factory workers. In keeping with the company’s ongoing commitments to sustainability and technology development, the vessel will also be equipped with new Precision Seafood Harvesting and other fishing technologies to ensure the most sustainable outcomes. LATEST APPOINTMENTS New Zealand-born global forensic food science company Oritain International has announced that ex-Premier League General Secretary Nic Coward will join its Board of Directors effective immediately. Oritain chairman Stuart Nattrass says Coward brings with him extensive legal and brand marketing expertise, as well as long experience in international corporate governance. “His success in growing the Premier League Brand in the United Kingdom greatly strengthens our offering. He brings to the table a unique skill set and network of connections that add considerable momentum to Oritain’s growth trajectory.” Coward was the first chief executive for the British Horseracing Authority (BHA) and more recently filled the challenging role of General Secretary of the UK Premier Football League. Meanwhile, Jane Lancaster has been appointed to the Food Standards Australia New Zealand (FSANZ) Board, replacing Neil Walker. Food Safety Minister Jo Goodhew says Lancaster (Christchurch) will make a “valuable contribution to the FSANZ Board with her background in food science, biotechnology and strong governance experience. In particular, she has professional experience in food safety, food regulation, and the food industry.” BE IN TO WIN THIS FIT BIT * MORE DETAILS ON P66
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