NZ Iwi-Owned Fishing Company Aotearoa Plans Fleet Renewal
SEAFOODNEWS.COM [Scoop] - March 5, 2015 -
New Zealand's largest iwi-owned fisheries company has launched a major fleet renewal programme, with state-of-the-art fishing boats to be built in New Zealand.
Aotearoa Fisheries Limited today signed a deal with Nelson-based boat builders Aimex to build a technologically advanced inshore fishing trawler that will improve productivity and minimise environmental impact. The new deal is the first step in the biggest fleet renewal of its kind in New Zealand since the early 1970s, and will see up to six new boats launched over the next few years. The overall project is estimated to cost between $25-30 million.
Aotearoa Fisheries Limited does not own any of its fleet, instead contracting fishers to catch its quota, and is working in partnership with Tauranga-based fishing company RMD on the first new boat.
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